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VOL. TMN-7 | NO. 27 | Saturday, June 28, 2014
Weekly Issue

Park Progress

Shelby Farms begins most ambitious phase of improvements

Shelby Farms Park has always seemed, in a way, like Memphis’ 4,500-acre backyard.

Editorial: Park Should Be Place to Unify Community

There is something about an economic impact study of a 4,500-acre park that at first glance seems out of place.

THE MEMPHIS NEWS ALMANAC

June 27-July 3: This week in Memphis history

2013: Groundbreaking for the renovation of the Lee House in Victorian Village as a bed and breakfast. To symbolize the transition of the home built in 1841, members of the Lee family gathered beside the house and rang the large bell in the side yard.

PBS TV Investigates Steamboat Sultana Explosion

After a decade on PBS tracking down the back stories of historic artifacts, the producers of the television program “History Detectives” are focusing on some of American history’s larger mysteries and darker corners.

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Landing Zone

After decade of development, Beale Street Landing prepares to open

Beale Street Landing was supposed to cost far less than $43 million and be completed much sooner than the decade it took from the design competition.

Raymond James Recommits to Downtown

Raymond James is extending its commitment to Downtown Memphis, where the investment firm will remain a key part of the city’s skyline for at least another decade.

ServiceMaster Begins Trading on NYSE

The parent company of Memphis-based ServiceMaster Co. LLC began trading on the New York Stock Exchange Thursday, June 26, in an initial public offering of its common stock.

Hollingsworth Buys Mississippi Industrial Property

The Hollingsworth Cos., which operates a prominent industrial development company with holdings across the South, has acquired an industrial building in Senatobia, Miss.

Brooks' Attorneys Claim Different Address

Shelby County Commissioner Henri Brooks still lives in her district but at a different address than the one she listed on numerous records, including her recent arrest report, according to her attorneys.

Heart of Arlington

Town seeks to grow historic Depot Square while maintaining charm

When Sandy Brewer and her family moved more than eight years ago from Cordova to a turn-of-the-century home just two blocks from Arlington’s Depot Square, she said it felt like taking a step back in time.

St. Jude Names Downing New CEO

Dr. James R. Downing will become the new CEO of St. Jude Children’s Research Hospital, effective July 15.

Benefits Debate Goes Larger Than City Hall

When several hundred firefighters, police officers and other city employees and retirees formed a picket line around City Hall Tuesday, June 24, it signaled the beginning of an escalating political dispute bigger than the City Council’s decision a week earlier to cut health insurance benefits for employees and retirees.

Schadt Reflects on ArtsMemphis Time, Looks Ahead

Thirteen years is a long time to do one job and do it well, which explains why Susan Schadt already talks with an air of wistfulness about her imminent departure as president and CEO of ArtsMemphis at the end of this year.

Southern College of Optometry Opens TearWell Dry Eye Center

If you don’t have it, it doesn’t sound like that big of a deal. Dry eye? So what?

Civil Rights Museum Sit-In Exhibit Goes Digital

Raumesh Akbari remembers her first encounter with the sit-in exhibit at the National Civil Rights Museum.

Against the Tide

Medtronic spinal device helps distance swimmer achieve aquatic feats

Medtronic’s Prestige Cervical Disc system has helped thousands of people, but none of them are quite like 56-year-old Doug McConnell.

Hopson Contract Extension Represents Reform Mandate

Public school superintendents in Tennessee are not elected in a popular vote anymore. They are appointed by school boards – the only hiring decision school boards make.

New Nonprofit Charts Role in Blight Fight

The bulldozer went straight for the leasing office of the former Spanish Oaks apartments on Cazassa Road near Memphis International Airport.

FanBank Shop Local Program Launches in Memphis

A new shop local rewards program has launched in Memphis, one that brings a different approach to the efforts featuring loyalty cards and aggressive discounting that tend to be the norm.

Building Permits Tumble 38 Percent in May

Homebuilding activity slowed in May compared to a year ago, with builders filing fewer permits and selling fewer new homes than the same month last year.

Professional Foodie

Memphis chef Jennifer Chandler spins multiple plates

Chef, writer and restaurant consultant Jennifer Chandler likes to say that, because of the career she’s chosen, she gets to play with food for a living.

Fire, Police Union Brass Say Lawsuit is Coming

The leaders of the Memphis police and fire unions say they will sue the city over changes in employee health insurance approved this month and are prepared to add pension changes to the litigation if the council approves those changes next month.

Chism Picnic Reflects Summer Campaign Tone

From the stage at County Commissioner Sidney Chism’s annual political picnic Saturday, June 21, you could almost see the Aug. 7 election day.

Sheriff’s Race Reflects Different Law Enforcement Cultures

Bennie Cobb remembers how he got his first job in the local criminal justice system.

Roland Challenges Brooks’ Votes

Shelby County Commissioner Terry Roland began taking steps last week to make a formal challenge of commission matters that have included votes by Commissioner Henri Brooks.

Tin Roof Lease Makes Full House on Beale

The three-block Beale Street Entertainment District is fully leased with the addition of three leases this spring on the block between Hernando and Fourth streets.

Salon Owner Loves Neighborhood Feel of Cooper-Young

If what they say is true about doing what you love and you’ll never work a day in your life, then native New Yorker Felicia Scarpati-Lomax hasn’t worked in decades.

I Choose Memphis: Tilea Terry

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

SPORTS

Hagan Classic Honors Local Baseball Pioneer

Recently, Andy Cook ran into a couple of his old Memphis Tigers teammates at the Levitt Shell in Overton Park.

What’s in a Name?

Let’s consider our own Memphis Grizzlies. The team kept a nickname that migrated from Vancouver because fans here have embraced it. In fact, you or someone in your family probably owns a cap or a shirt bearing the team nickname or the likeness of a grizzly bear.

MEMPHIS NEWSMAKERS

Real Estate Veteran Jan Phillips Rejoins Crye-Leike

Jan O’Kelly Phillips has joined Crye-Leike Realtors’ Germantown-Poplar branch office, marking her return to real estate sales.

REAL ESTATE RECAP

Legacy Farm Owner Files $29.8 Million Loan

1120 Winchester Road, Collierville, TN 38017, Loan Amount: $29.8 million -
The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

SMALL BUSINESS

Kitsinger Continues Downtown Work With The Development Studio

As an architect and planner, Andy Kitsinger worked on large projects whose scale immediately changed areas, even as they were being built.

LOCAL COLUMNISTS

The View From Nashville

IF WE DON’T CARE, NO ONE ELSE WILL. Longtime friend and Nashville marketing maven, David Bohan, answered my column about oxymoronic Nashville barbecue with his own column “Marketing Matters” in The Tennessean last week.

Exiting Your Job Gracefully

There’s a lot to be said for grace. Although many interpretations of the word exist, my favorite is Merriam-Webster’s. They define it as “a controlled, polite, and pleasant way of behaving.” After a number of questions from people about how to quit their jobs, I wanted to share a few thoughts with you.

What to Do With a Windfall

Ray’s take: You’ve just received a pretty nice amount of cash. It could be a tax refund, a bonus or a surprise inheritance. What will you do with that extra money?

Let’s Talk Civics

I type in the word civics at OneLook Dictionary Search. Giving credit to “MacMillan Dictionary,” the site gives me “a school subject in which you study how government works and what people’s rights, duties, and responsibilities are as citizens.”

9 Steps to Build Prospect Trust

Buyers want to trust the salesperson they’re buying from before they part with their hard-earned money. That’s why building trust is a minimum cost of entry in the sales profession. If your prospects don’t trust you, you’ll always be working much harder than is necessary.

Tennessee’s Online Privacy Act Will Protect Employees

Employees and job applicants will have more than the New Year to celebrate on Jan. 1 as Tennessee’s Employee Online Privacy Act protecting employees’ and job applicants’ online privacy takes effect.

Accountability and Trust: Keys to Partnership

Part two of a three-part series. Are you considering a private/public partnership to advance the work of your nonprofit? Learn from those who have already waded into the waters.

Calm Amidst the ‘Storm’

The S&P 500 continues to inch ever so closer to the 2,000 mark, while volatility measures remain historically low. Furthermore, there have been 43 consecutive days where the S&P 500 has registered a daily return mark within the -1 percent to +1 percent band.

Necessary Disruptions

Last week, the New Yorker published an article about how Disruptive Innovations have failed and how the theory is bogus. The long piece went into great depth about the emerging Disruption industry of consultants, the Disruption ethos prevalent in Silicon Valley and the many Disruption discussions in boardrooms across the globe. As a local practitioner of innovation methodologies, several people asked me my take on the piece.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 238 10,116
MORTGAGES 103 297 13,172
FORECLOSURE NOTICES 0 40 2,578
BUILDING PERMITS 192 562 24,086
BANKRUPTCIES 75 227 9,760
BUSINESS LICENSES 20 71 3,674
UTILITY CONNECTIONS 126 390 14,353
MARRIAGE LICENSES 15 68 3,131

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