Application filed to demolish East Memphis bank as part of $25M development project

MEMPHIS, Tenn. (WMC) - An application has been filed to demolish the First Horizon building at 4990 Poplar Avenue in East Memphis, according to records from Develop 901.

The demolition plan is part of the ongoing $25 million mixed-use development project at the corner of Poplar and Mendenhall Road.

The former Houston’s restaurant was also demolished in February 2026 as part of the same project.

In their place, developers plan to construct a two-story, approximately 50,000-square-foot building with roughly 25,000 square feet of office space and 25,000 square feet of retail space.

The development will also include a 6,300-square-foot, 170-seat restaurant called “The Tradition.”

Brown Gill of Gill Properties and Darrell Horn of Horn Ventures are leading the development, which is projected to open to the public in late 2027.

The four-story, 40,000-square-foot First Horizon building at 4990 Poplar was constructed in 1962.

Its demolition is expected to cost $206,500. The application still needs approval before a demolition date is set.

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