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Downtown Sheraton Hotel Renovation Project

Sector: Hotel • Location: Memphis, Tennessee, United States

Source: Action News 5

Project
Under Renovation Planning And Compliance

The City of Memphis is hiring Capstone Development as a consulting firm to assist with the Sheraton Hotel Project. The project involves ensuring compliance with agreements, overseeing hotel operations and renovations to meet brand standards, and assisting the city in completing the renovation of the Sheraton Hotel, which was purchased for $22 million with an additional $8 million set aside for ren

Status
Prospective
Sector
Hotel, Government
Location
Memphis, Tennessee, United States of America
Updated
22 Jul 2026
Source
Action News 5

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Project Information

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The project “Downtown Sheraton Hotel Renovation Project” is an infrastructure initiative in the Hotel sector, located in Memphis, Tennessee, United States. Taiyo aggregates data on it from Action News 5.

Participants

Sponsoring Agency

Status

Original status

under renovation planning and compliance

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The City of Memphis is hiring Capstone Development as a consulting firm to assist with the Sheraton Hotel Project. The project involves ensuring compliance with agreements, overseeing hotel operations and renovations to meet brand standards, and assisting the city in completing the renovation of the Sheraton Hotel, which was purchased for $22 million with an additional $8 million set aside for renovations. The hotel, built in the 1980s, is outdated and requires major upgrades to attract bigger conventions.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

Tennessee

City

Memphis

Source

Source

Action News 5

URL

More Details

Record type

Project

Sector

Hotel, Government

Article published date

2025-06-05

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