Office tower, hotel pitched next to FedEx Logistics HQ at Gibson

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A New York developer and Memphis' Orgel family are preparing to develop an eight-story office building and 250-room hotel across MLK Jr. Avenue from the Gibson Guitar Factory building. New York-based Somera Road Inc. and Billy and Benjamin Orgel announced the towers hours after FedEx Logistics announced it was locating more than 660 jobs in the former factory. FedEx Logistics CEO Richard Smith said his company will occupy part of the new office building, as well, creating an "office campus" that...

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