Location located in downtown memphis tenn the peabody memphis stands across the street from autozone park the property is two blocks from beale street and three blocks from fedex forum home of the memphis grizzlies and the orpheum theater hotel features built in 1925 the hotel is featured on the national register of historic places the peabody memphis features two restaurants the capriccio grill restaurant which serves flash seared steaks and traditional italian favorites and chez