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 ...

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") , government_type = Council-manager , leader_title = Mayor , leader_name = Frank Scott Jr. , leader_party = D , leader_title2 = Council , leader_name2 ...

, 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