With the press of a button, Tennessee Department of Transportation Commissioner Gerald Nicely launched TDOT SmartWay, the Memphis area’s new intelligent transportation system. Controlled from a state-of-the-art transportation management center (TMC), the new system continually monitors 85 miles of interstate and is expected to make highway travel in the region safer and more user-friendly. Anyone [...]

Delta Air Lines tomorrow will inaugurate nonstop daily service between Hartsfield-Jackson Atlanta International Airport (ATL) and Mumbai Chhatrapati Shivaji International Airport, connecting the Southeast with India’s booming economy.
Delta will operate the flight with the world’s longest-range commercial jetliner, the Boeing 777-200LR, which bolsters Delta’s ability to connect passengers and cargo between virtually any two cities [...]

Traveling more than 3,000 miles is a big trip for anyone, but imagine doing it as Harry, a three-inch tall praying mantis.
Harry, the star resident of New Orleans’ newly opened Audubon Insectarium, will begin a three-week journey Oct. 31 when he hits the road for his educational tour titled Harry’s Big Adventure.
The trip, presented by [...]

Chamberlain & McCreery of Cordova, TN, purchased vacant land at 71 Belvedere in Memphis and is in the process of closing on the Ashley Manor apartments from Steve Woodyard with Woodyard Realty Corp. of Memphis.
The 6,000-square-foot, 16-unit apartment building on .82 acres was built in 1920 and is in the Midtown submarket. Old Zinnie’s, which [...]

Like a cat with nine lives, the venerable downtown Aladdin Hotel will reopen — again — on May 4.
The event will mark the 193-room, 16-story tower’s second go-round as a Holiday Inn franchise after two stints as Embassy on the Park, a stretch under the Days Inn flag and most recently as the independent Citi [...]

The vacancy rates for South Florida apartments remain much lower than the national average, but there are signs monthly rent increases are starting to ease, according to a report released Wednesday.
Vacancies in Miami-Dade and Broward counties were both at 3.8 percent for the first quarter that ended March 31, according to numbers released Wednesday by [...]

It’s been a year and a half since Levenger Co. said it would stop distribution from a 229,000-square-foot facility in Delray Beach, but the property has just sold to another company that has a new zoning code available for it.
Jones Lang LaSalle said RREEF has paid $21.2 million for the office and distribution building at [...]

The Gaylord Palms Resort & Convention Center is once again floating the idea of a major expansion subsidized by Osceola’s tourists.
Resort officials on Tuesday offered an early glimpse of the company’s proposal to the Osceola Resort Area Council, the tourism task force of the Kissimmee-Osceola Chamber of Commerce, at the group’s retreat.
The resort is looking [...]

Levitt Corp., the parent company of Levitt and Sons and Core Communities, announced Wednesday that BFC Financial Corp. is acquiring Levitt Corp. as a wholly-owned subsidiary.
The entire transaction, with an estimated aggregate value of $286 million, will grant holders of Levitt’s Class A common stock 2.27 shares of BFC Class A common stock for each [...]

Davidson Hotel Co. have formed a joint venture with a global private equity firm to acquire the 334-room Houston Sofitel Hotel from Accor Worldwide.
Terms of the deal were not disclosed.
Memphis-based Davidson will hold a minority interest in the partnership with The Carlyle Group and will manage the property, as of yesterday. Davidson will [...]

Over 700 people have now registered to attend the Travel Distribution Summit and the vast array of FREE seminars which are being held alongside. Attendees are all senior-level travel professionals who control the distribution of billions of dollars worth of products. Meaning that this event is an unrivalled networking opportunity for travel executives from across [...]

A Memphis hotel has agreed to settle a price-gouging complaint by making refunds to some Hurricane Katrina evacuees.
A total of $6,100 is to be distributed among 106 guests who stayed at the La Quinta Inn in the aftermath of the storm, the Memphis Commercial Appeal reports. They will receive restitution ranging from $5.55 to $293.
The [...]