Belz Enterprises, Inc. is a major American-based developer of hotels, retail, and commercial properties, including
shopping malls
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refe ...
.
Belz owns and operates the
Peabody Hotel
The Peabody Memphis is a historic luxury hotel in Downtown Memphis, Tennessee, opened in 1925. The hotel is known for the "Peabody Ducks" that live on the hotel rooftop and make daily treks to the lobby. The Peabody is a member of Historic Hot ...
in
Memphis
Memphis most commonly refers to:
* Memphis, Egypt, a former capital of ancient Egypt
* Memphis, Tennessee, a major American city
Memphis may also refer to:
Places United States
* Memphis, Alabama
* Memphis, Florida
* Memphis, Indiana
* Memp ...
. Previously they operated two other Peabody Hotels, one in
Little Rock
( The "Little Rock")
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, leader_name = Frank Scott Jr.
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, leader_title2 = Council
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, and another in
Orlando
Orlando () is a city in the U.S. state of Florida and is the county seat of Orange County. In Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,509,831, according to U.S. Census Bureau figures re ...
, however both of these hotels were sold in 2013 becoming a Hyatt and Mariott respectively. In past years, much of its operations have been centered on the development of new
factory outlet
An outlet store, factory outlet or factory shop is a brick and mortar or online store in which manufacturers sell their stock directly to the public. Traditionally, a factory outlet was a store attached to a factory or warehouse, sometimes allowin ...
-type malls and the conversion of some its older traditional properties into such. In recent years they have developed more traditional shopping centers including strip malls and
Peabody Place in downtown Memphis, commercial office, and warehouses space. The firm is based in Memphis.
Ronald A. Belz serves as Chief Operating Officer.
History
The company was founded in
North Memphis
North Memphis is one of the five defined districts of Memphis, Tennessee. It includes smaller neighborhoods such as Klondike, New Chicago, Douglass, Hyde Park, Hollywood, Nutbush, Binghampton, Smokey City, Scutterfeld, Frayser, and Raleigh. ...
in 1940 by Philip Belz (1904-2000). The firm's earliest projects included small retail and residential spaces and soon expanded to industrial development, starting with a roofing materials factory on the former site of the North Memphis Driving Park (horse racing track).
References
External links
Belz Enterprises Website
{{retail-company-stub
Shopping center management firms
Companies based in Memphis, Tennessee
Real estate companies established in 1940