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Carlisle
Carlisle is a family-owned business that has been making a significant impact since its founding in 1974. Based in Memphis, TN, Carlisle operates primarily in the restaurant and hospitality sectors, with strong roots in real estate development. This multifaceted company manages several subsidiaries, including the Carlisle Restaurant Group and Carlisle Development Company, each focused on enhancing community engagement and optimizing under-utilized assets in the Southeastern United States.
The company's diverse divisions showcase its expansive reach and commitment to quality in service and development. Carlisle’s restaurant operations are significantly represented by Wendelta, Inc., which manages over 160 Wendy’s franchises across a contiguous market that spans from Texas to Florida and Louisiana to Tennessee. This impressive growth has propelled Wendelta's revenues from $129 million in 2015 to over $253 million by 2019, underscoring the success of its operational strategies.
In addition to restaurant management, Carlisle Development Company plays a pivotal role in commercial real estate, acting as both a developer and a licensed general contractor. The firm specializes in mixed-use developments and quick-service restaurants; it has successfully overseen constructions valued at over $380 million, with $115 million dedicated to the development of quick-service restaurants.
One of Carlisle's hallmark projects is the transformative One Beale project, a $400 million riverfront redevelopment located in downtown Memphis. Situated at the corner of Beale Street and Riverside Drive, it encompasses three phases currently under construction valued at $200 million, with another $200 million in development anticipated. This ambitious project not only aims to enhance local infrastructure but also to create a vibrant hospitality and retail experience that significantly contributes to the Memphis community. Through its comprehensive approach to real estate and hospitality, Carlisle continues to reinforce its commitment to building stronger communities and enriching the urban landscape in which it operates.
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