Renovation planned for old Broad Avenue storefront
Published on: March 19, 2019
TOM BAILEY | THE DAILY MEMPHIAN
One of the storefronts along Broad Avenue’s historic row of businesses will soon be renovated inside and out.
The building at 2537 Broad had housed Metalworks Design Studio in recent decades.
Three interior designers purchased the 5,210-square-foot, two-story structure in September with plans to operate two new businesses there.
An application for a building permit estimates the façade work alone will cost nearly $200,000.
Archer Custom Builders will carry out the design by John Harrison Jones Architect.
The bottom floor will have two separate shops, one operated by interior designer Elizabeth Malmo and the other by Gracey Smythe and Biggs Powell.
“We plan to open two separate shops on the bottom floor and then have our offices and sample rooms on the second floor,” Malmo said.
Smythe and Powell’s business will be more of a home furnishings shop with antiques, Malmo said.
The business names have not been announced.
The building will have one entrance, and customers/clients can then go to one business or the other.
The façade renovation will be consistent with the building's early 20th Century architecture. The brick structure was built in 1912, according to public records.
“I think South Main was a little bit of our inspiration,” Malmo said of the design. “Some of those older buildings… nothing too modern.”
The three bought the building from Metalworks owner Jerry Couillard in September for $550,000, records show. “Gracie and I had been doing work with Jerry for years,” Malmo said. “I think they were retiring.”
Financial Federal Bank provided the acquisition and renovation loans for the project.