Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016.

But redeveloping the historic stone and cast iron brewery, which opened in 1890 and has been vacant since 1953, will require a herculean effort with heavy lifting from the public and private sectors, said developer Billy Orgel.

“It’s going to take a leap of faith from a lot of people that will be involved with this to say, ‘Hey, we can do this,’”

via Brewery Developer Calls for ‘Leap of Faith’ – Memphis Daily News.