New ownership, expanding businesses, and a restaurant on the way are reshaping several familiar Greater Memphis properties.

From the apartment community near Simmons Bank Liberty Stadium to Bartlett's Stage Centre, here are five changes worth knowing about this week.

CHANGING PROPERTIES: Central Lofts Gets New Owners

The long-troubled Central Lofts apartment complex near Simmons Bank Liberty Stadium has officially changed hands.

Local development and property management partners Amin Zaki and Khalid Alwan acquired the 127-unit property through Central Lofts LLC.

The property's earlier financial difficulties and unfinished status had left an important residential site underused.

An economic development board previously approved transferring an existing residential tax incentive to the new ownership team.

That agreement includes a commitment to reserve 20 percent of the apartments for residents with low-to-moderate incomes.

The new owners have discussed completing remaining work and marketing apartments by the end of 2026, although residents should wait for confirmed leasing announcements.

CHANGING PROPERTIES: Former Collierville Car Wash Sold

A Florida investor has purchased the former Glide Xpress Car Wash property in Collierville, according to the latest local commercial real estate roundup.

The transaction marks a change in ownership, not an announced reopening.

No confirmed replacement business, opening date, or operating plan was identified in the available report.

Anyone following changes at the site should watch for permit activity or an announcement from the new owner.

BUSINESSES ON THE MOVE: CrossFit Memphis Plans Bigger Space

CrossFit Memphis is expanding into a larger location, reflecting a change in how the fitness business will serve its members.

The move was reported in an October 14 roundup of area property transactions.

The available summary does not provide a confirmed moving date, full new address, or opening schedule.

Current and prospective members should look for the business's own announcements before assuming the transition is complete.

HOUSING EXPANSION: Belle Mont Plans 14 More Units

The Belle Mont middle-income housing development in the Crosstown area has received a 10-year tax abatement for its second phase.

Plans call for 14 additional residences arranged around a central courtyard, including triplex and duplex buildings.

The second phase represents approximately $2.7 million in investment.

Construction could begin before the end of 2026 and finish in late 2027, but those are projections rather than confirmed milestones.

The proposal follows the development's first phase and adds to the conversation about housing options in established Memphis neighborhoods.

COMING SOON: Nori Sushi Bar and Teppanyaki in Bartlett

Bartlett diners have a new restaurant to watch at Stage Centre.

Nori Sushi Bar and Teppanyaki is expected to take over the space previously occupied by Saito, a longtime hibachi restaurant.

The planned business will feature sushi and teppanyaki offerings.

Local reporting describes an opening in a few months, but no firm date has been announced.

That makes Nori a coming-soon announcement rather than a restaurant already welcoming diners.

What to Watch Next

These five developments illustrate how change can arrive in different forms: a completed sale, a planned expansion, a housing incentive, or a future restaurant opening.

Not every property transaction immediately produces a new storefront, and an announced construction schedule can change.

901 Daily will continue tracking confirmed opening dates, relocations, construction starts, and other updates across Greater Memphis.

For readers, the key distinction is simple: these are developments worth watching, but several are not yet completed openings.