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Editorial Results (free)

1. Apartment Construction Drives US Homebuilding Surge in June -

WASHINGTON (AP) – U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters

2. Editorial: Creatives Prove Memphis’ Cool Factor is Heating Up -

“If you have the vision, and the gumption, you can create something original in Memphis.”

The Memphis News cover story this week features four distinct entrepreneurs who are living, working and creating in Memphis. The aforementioned quote comes from Ben Fant, principal at local marketing firm Farmhouse. He is just one member of the city’s creative class, one guy trying to make something lasting for himself, his employees and his city.

3. Disruptive Innovation Helps Fill in the Gaps -

Being out of work in today’s economy can be daunting. Even as things continue to improve, finding a job can be tough. In addition to the small number of new positions created each day, the entire hiring process takes longer – despite when you find the perfect job.

4. LRK Launches Expansion in Downtown Memphis -

Looney Ricks Kiss is embarking on an expansion of its Downtown Memphis headquarters.

The Memphis-based architecture, planning and design firm is expanding its office footprint by about 60 percent as part of a long-term lease extension at the Toyota Center building adjacent to AutoZone Park, 175 Toyota Plaza.

5. One Beale Nabs 20-Year Tax Freeze -

The developers behind One Beale have earned key pieces of the public-private partnership they say is necessary to pursue the twin tower project overlooking the Mississippi River.

Memphis-based Carlisle Corp. on Tuesday, July 14, received a 20-year payment-in-lieu-of-taxes incentive and a $10 million contribution toward a public parking garage from the Center City Revenue Finance Corp.

6. Vertical Living in Crosstown -

The 1.1 million-square-foot Sears & Roebuck regional distribution center, which has laid abandoned in the Crosstown neighborhood for more than 10 years, is getting a new lease on life as the highly-anticipated Crosstown Concourse project.

7. Beale Authority Prepares to Negotiate Lease With Memphis Leaders -

The Beale Street Tourism Development Authority is at what Downtown Memphis Commission president Paul Morris describes as an “awkward interim stage.”

8. Cardwell a Link to Metro’s Past, Present -

Metro Trustee Charlie Cardwell definitely is a member of the “good old boys” network that ran Nashville for decades.

9. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

10. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

11. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

12. Wonder Bread Bakery Under Contract -

The former Wonder Bread bakery at 400 Monroe Ave. could soon have a new owner.

The bakery, idled by a labor strike before being sold in 2013, is under contract to a potential buyer, according to a commercial real estate broker.

13. Gulch Approaching 50 Percent Buildout -

Nashville’s storied Gulch, originally the home of the downtown railway terminal, is approaching another milestone in its long history.

Revitalization of the area began in the early 2000s, and The Gulch Improvement District was formed in 2006. Since that time, developers have found great success in luring in upscale residential, commercial and mixed-use tenants.

14. Editorial: Ballet Memphis a Perfect Partner for Overton Square -

When news surfaced of Ballet Memphis’ impending move to Overton Square, it was met with mixed emotions.

Some groans, for sure. Midtown certainly could use a hotel, especially in the newly bustling district. And an independent, boutique hotel – which was the previous possibility for the primo real estate at the corner of Madison Avenue and Cooper Street – would have been a nice addition to the nightlife hotspot.

15. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

16. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

17. Memphis Finance Gurus Retrace City’s Fiscal Path -

Mayors come and go at City Hall and what was a priority for one administration can change with the next. But one constant is finance.

It defines a city’s overall health, no matter who is in office, and thus its ability to borrow money to fund those priorities and then pay off that debt.

18. Builders Start, Sell Fewer Memphis-Area Homes in May -

Hampered by a severe lot shortage, homebuilding activity in Memphis and Shelby County slowed considerably in May, with builders starting and selling fewer new homes than last year.

Builders filed 67 permits in May, down 17.3 percent from 81 permits filed in May 2014, according to real estate information company Chandler Reports. Builders sold 58 new homes in May, down 23.6 percent from 76 new homes sold last year.

19. Developers Still Interested In Midtown Hotel -

Yes, the development team that had proposed replacing the French Quarter Inn at Overton Square is selling the property to Ballet Memphis, which plans on building a new performance center there.

But they say they still want to build a hotel in Midtown, according to a statement they provided to Brenda Solomito Basar, owner of Solomito Land Planning.

20. Knoxville’s Amazing Network of Trails, Parks and Waterways -

With the Great Smoky Mountains looming in the distance, and no shortage of ball fields and other outdoor recreation sites closer at hand, Knoxville and its surrounding communities don’t lack for recreational opportunities.

21. Memphis Mayoral Election Heating Up As Strickland, Wharton Take Turns -

Here come the yard signs.

The first indication that candidates in the Oct. 8 Memphis elections are taking their appeals to the public will begin sprouting on lawns across the city in the next week.

22. Developers Still Interested in Midtown Hotel -

Yes, the development team that had proposed replacing the French Quarter Inn at Overton Square is selling the property to Ballet Memphis, which plans on building a new performance center there.

But they say they still want to build a hotel in Midtown, according to a statement they provided to Brenda Solomito Basar, owner of Solomito Land Planning.

23. Graceland Hotel Developers File $84 Million Construction Loan -

The developers behind a massive hotel near Graceland are ready to shake, rattle and roll on the project.

Guest House at Graceland LLC, formed to develop the hotel, has filed an $84 million construction loan for the 450-room resort-style hotel at 3600 Elvis Presley Blvd.

24. Need Reason to Pay By Phone? Apple, Google Add New Features -

SAN FRANCISCO (AP) – The tech industry has been saying for years that smartphones would make traditional wallets obsolete. But most people still use cash or plastic when they shop in stores.

25. Truck Stop Restaurant Plan Hits End of the Road -

The developers behind the proposed Truck Stop restaurant on the northwest corner of Central Avenue and Cooper Street have pulled the plug on the project after a year and a half of regulatory hurdles and different standards involved in using intermodal shipping containers.

26. Building Green in a Red-Hot Market -

Counting cranes has become a Nashville pastime, and the perks of all that development are clear – a robust economy, vibrant real estate market and more jobs.

Naturally, there is concern among some residents that all of the construction and increased population could harm the area’s environment, water and air quality and green space.

27. Passion for Architecture Fuels Looney Ricks Kiss' Norcross -

Rob Norcross, a principal at Memphis architecture, planning and design firm Looney Ricks Kiss, has increasingly enmeshed himself into public service, holding positions on several key boards or committees.

28. Truck Stop Restaurant Plan Hits End of the Road -

The developers behind the proposed Truck Stop restaurant on the northwest corner of Central Avenue and Cooper Street have pulled the plug on the project after a year and a half of regulatory hurdles and different standards involved in using intermodal shipping containers.

29. Senior Stature -

Sprawling across 37 acres of Collierville land, posh retirement community The Farms at Bailey Station will serve more than 500 senior residents when the final phase of construction is completed in 2016.

30. Truck Stop Restaurant Plan Hits End of the Road -

The developers behind the proposed Truck Stop restaurant on the northwest corner of Central Avenue and Cooper Street have pulled the plug on the project after a year and a half of regulatory hurdles and different standards involved in using intermodal shipping containers.

31. Carlisle Corp. Gets Tentative OK on One Beale Plan -

Developers got a tentative green light to move forward with the ambitious One Beale project, convincing regulators that the twin skyscraper development would be a game-changer for the Memphis skyline.

32. Apple Music Brings Change to Streaming, But Is It Enough? -

When Apple launches its Apple Music streaming service at the end of June, it will affect things big and small in the music industry.

Hundreds of millions of iPhone and iPad users in more than 100 countries will get to try the $10-per-month service for free for the next three months when it is pushed to their devices with a free upgrade.

33. Apple Wants a Lead Role in Streaming Music -

SAN FRANCISCO (AP) – Apple's iTunes helped change the way music-lovers bought their favorite songs, replacing plastic discs with digital downloads. Now the maker of iPods and iPhones wants to carve out a leading role in a revolution well under way, with a new, paid streaming-music service set to launch this summer.

34. Design Board OKs Universal Life Redevelopment -

Developers of the Universal Life building have cleared a key regulatory hurdle.

The Downtown Memphis Commission’s Design Review Board on Wednesday, June 3, approved architects Jimmie Tucker and Juan Self’s plans to redevelop the historic property at Danny Thomas Boulevard and Linden Avenue.

35. Design Review Board OKs Universal Life Redevelopment -

Developers of the Universal Life building have cleared a key regulatory hurdle.

The Downtown Memphis Commission’s Design Review Board on Wednesday, June 3, approved architects Jimmie Tucker and Juan Self’s plans to redevelop the historic property at Danny Thomas Boulevard and Linden Avenue.

36. Development Proposals Surface in Memphis' Pinch District -

A month after Bass Pro Shops opened at The Pyramid, development plans are surfacing in the Pinch District, including one for a new Front Street hotel.

Front Street Group LLC has applied for a special use permit for a 108-room, extended-stay hotel. It would be located directly across Front from The Pyramid’s east side on what is now a surface parking lot. It would include a 160-space parking structure on the rear of the property next to an existing alley.

37. Survey: US Business Hiring Picks Up in May to 201,000 -

WASHINGTON (AP) – U.S. companies stepped up hiring in May, a private survey found, evidence that employers remain confident in the economy even after it contracted at the start of the year.

38. Germantown Rising -

In 2005, the city of Germantown approved its “Vision 2020” plan, which laid out the suburb’s goals for future development and growth. In 2007, Germantown adopted its Smart Growth development plan and zoning regulations.

39. Conn’s Acquires Site for Third Memphis-Area Location -

A Texas-based retailer has acquired a fully leased shopping center in Southaven and will build a new store on an outparcel of the existing retail center.

Conn’s Appliances Inc. acquired the Stateline Square Shopping Center at 550 Stateline Road in Southaven for $5 million from Brixmor Commercial Real Estate, which was doing business as NPK Southaven LLC.

40. Homebuilders Enjoying Steady Start to 2015 -

The Shelby County homebuilding industry surged ahead in April with builders pulling more permits and selling more new homes at higher prices, a positive start to the peak building season.

Builders filed 84 permits in April, a 10.5 jump over the 76 permits filed in April 2014 and a 47.3 percent jump from the 57 permits filed in March of this year, according to real estate information company Chandler Reports, www.chandlerreports.com.

41. US Home Sales Slide in April Amid Listing Shortage -

WASHINGTON (AP) – Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector's uneven recovery.

The National Association of Realtors said Thursday that sales of existing homes fell 3.3 percent to a seasonally adjusted annual rate of 5.04 million. April marked the second straight month of the sales rate topping 5 million homes. Purchases have recovered from a disappointing 2014 because strong job growth and low mortgage rates have generated more would-be buyers.

42. Preserving East Tennessee's Endangered Buildings -

When preservation comes up in conversation, it brings to mind crumbling Victorian mansions or maybe an old Woolworth’s sitting idle downtown.

That’s definitely been the case in and around Knoxville, and it’s a mindset that Knox Heritage and the East Tennessee Preservation Alliance (ETPA) are working hard to break.

43. Nashville's Next Mayor Must Solve Traffic, Education Woes -

“Traffic is getting worse by the day.” I must have heard that complaint six times last week. Those exact words.

Perhaps some road construction coupled with Vanderbilt’s graduation complicated the situation, but that seems to be the feeling here.

44. Summer of Acceleration Heats Up at Start Co. -

Memphis this summer is ground zero for entrepreneurs from here and around the country working to build a fresh crop of innovative, lasting companies.

The three accelerator programs presented by the Start Co. venture organization are now underway, with eleven startup teams comprised of almost 30 entrepreneurs participating in the trio of accelerators that’s running simultaneously this summer and which got under way earlier this month. The accelerators – Seed Hatchery, Upstart and Sky High – are akin to high-intensity entrepreneurial boot camps, putting startup teams through rigorous training and hands-on experience as they develop their companies, products and ideas, all with the goal of culminating in Demo Day on Aug. 13.

45. Developers: Tennessee Brewery Work is Tough Job -

The team behind the proposed redevelopment of the long-vacant Tennessee Brewery received a 20-year tax freeze and a long-term loan for a new parking garage to help usher the Downtown development along, but officials say much work remains before the $28.1 million project becomes a reality.

46. Self-Driving Cars Getting Dinged in California -

Four of the nearly 50 self-driving cars now rolling around California have gotten into accidents since September, when the state began issuing permits for companies to test them on public roads.

Two accidents happened while the cars were in control; in the other two, the person who still must be behind the wheel was driving, a person familiar with the accident reports told The Associated Press.

47. US Economy Rebounding With Solid, If Unspectacular, Job Gains -

WASHINGTON (AP) – Rebounding from a dismal start to the year, the U.S. economy added 223,000 jobs in April, a solid gain that suggested that employers are helping fuel a durable if still subpar recovery.

48. Want a Great-Paying Job? Here’s the Deal -

Want a new career with nearly unlimited upside potential? One that will have employers beating down your door?

Uncle Sam wants you – to join the technology workforce.

Nationwide, skilled tech workers are in short supply, with more than half a million jobs going unfilled. And in Tennessee, where the rapidly expanding economy has companies competing for every qualified worker, the state is going to great lengths to train people in sought-after tech skills – footing the entire bill, in some cases, for adults willing to retool their careers.

49. Massey Helps Grow Memphis CCIM Chapter -

Unlike countless college students who hop from one major to another, Shawn Massey always knew he wanted to be involved in commercial real estate.

50. Rollin' On The River -

When the team of planners and developers behind the Harbor Town community on Mud Island wanted to build slimmer streets to promote a more pedestrian-friendly experience, the city of Memphis said they couldn’t do it.

51. Beautiful Minds -

Someday, a famous innovator’s biography may include the story of the first time she used a hammer – at age 4 or 5, at a private Memphis girls school, to pound on a strip of copper.

And how she then took that strip of copper and molded it into the shape of a heart, a tiara or a cool design that meant something to her evolving mind but that adults couldn’t identify.

52. Brewery Redevelopers Seek 20-Year Tax Freeze -

The team behind the effort to redevelop the historic but long-vacant Tennessee Brewery could receive a 20-year tax freeze to help make the project a reality.

Developers Billy Orgel, Adam Slovis and Jay Lindy are proposing a $28.1 million adaptive reuse of the existing 90-foot-tall brewery building overlooking the Mississippi River, a new residential building and a new parking garage.

53. Nashville Zoning Issue a Big Threat to Tiny Houses -

As the price per square foot for Nashville properties continues its climb, buyers are paying more for less.

Some find the price points for the small condominiums to be outrageous, yet many, especially millennials, are flocking to the spaces, and developers are making it easier for them to customize in ways that complement their lifestyles.

54. $100 Million for a Home? Luxury Buyers Reach a New Threshold -

WASHINGTON (AP) – The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse.

Rather than settle for garages of antique cars or a museum's worth of paintings, billionaires are increasingly willing to pay $100 million for homes that can serve as showcases for their fortunes, according to an analysis issued Thursday by Christie's International Real Estate.

55. Stringfellow Taking Memphis Back to the Basics -

Alex Stringfellow believes it’s time for Memphis to get back to basics.

As chairman of the Urban Land Institute’s Young Leaders division, he’s noticed at lecture events that questions from the audience always return to the same core subjects. This need for information, coupled with a perceived negative attitude among Memphians about the city’s issues, drove him to organize ULI Memphis’ May 4 event, “Getting Back to Basics: The Real Deal of Schools, Crime & Taxes.”

56. Project on South Front Moves Closer to Launch -

Developers are inching closer to launching a mixed-use project on a strategic corner of South Front Street Downtown.

The development team of Robert E. Mallory, John H. Dicken Jr. and Vince Smith Jr. hope to raze an aging, low-density one-story office building at 266 S. Front Street and erect a mixed-use project featuring multi-story apartment buildings and commercial space.

57. US Home Prices Accelerated in February as Sales Rise -

WASHINGTON (AP) – U.S. home prices climbed at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5 percent in February from 12 months earlier, S&P said Tuesday. That is up from a 4.5 percent pace in January.

58. Foote Homes Effort Gets Rebrand, New Details -

With Bass Pro Shops formally opening this week, the next big project on City Hall’s drawing board is a remake of Foote Homes.

The ambitious plan to demolish and rebuild the city’s last large public housing project, using it as a catalyst for redevelopment of the much larger south Downtown into South Memphis area, has been on the books longer than The Pyramid. That’s if you start the timeline with the demolition of the first large housing project, LeMoyne Gardens, in the late 1990s.

59. Sounds Like a Hit for Neighbors -

For months, sounds of construction surrounded the Nashville Sounds’ sparkling new First Tennessee Park in Germantown.

The constant thump-thump-thump of pounding jackhammers competed with the irritating, high-pitched beeps of vehicles backing up. Ka-ching! Cranes lifted steel beams into place, keeping time with a syncopated thrumming of never-ending drilling. Ka-ching!

60. Office, Industrial Real Estate Rebounds in First Quarter -

In a sure sign that the local economy is in rebound mode, the Memphis-area commercial real estate market is heating up with the industrial and office sectors producing strong gains.

Fueled by strong demand and tightening of available space, rental rates for Class A space in East Memphis, the city’s primary business district, are approaching pre-recession levels, according to a new report.

61. Universal Life Building Developers Secure Loan -

The Center City Development Corp. approved a $300,000 loan to help get the planned redevelopment of the Universal Life Building across the finish line.

62. 1 Million New Residents: Where Will They Live? -

At least 1 million people are expected to move to the Nashville region over the next 20 years. Already, the early arrivals have begun to dramatically change the landscape of the suburban counties surrounding the city.

63. Universal Life Building Developers Secure Loan -

The Center City Development Corp. approved a $300,000 loan to help get the planned redevelopment of the Universal Life Building across the finish line.

64. Universal Life Building Developers Acquire Key Public Financing -

Developers of the Universal Life Building have received approval for two key pieces of financing and a commitment from the city of Memphis to lease about half of the building.

Self-Tucker Properties LLC won approval Tuesday, April 14, for a nine-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use. Architects Jimmie Tucker and Juan Self, principals of Self-Tucker Architects, also gained approval for $2 million in Qualified Energy Conservation Bonds for the project.

65. What's in a Hotel Name? Guests Try to Decipher the Mystery -

NEW YORK (AP) – Today's traveler faces a bewildering choice of hotel brands with similar-sounding and confusing names. Want to stay at a Hyatt? Take your pick. There's Hyatt Regency, Park Hyatt, Grand Hyatt, Hyatt House, Hyatt Place and, coming soon, Hyatt Centric.

66. New Home For Elvis Jets Proposed Near Graceland -

The company that owns two of Elvis Presley’s jets – which have been on display for nearly 30 years as part of Graceland tours – wants to move the jets to five acres just across the southern border Elvis Presley Enterprises-owned land.

67. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

68. Bypass the Taxman via Property Exchange -

Most of us are ankle, knee, elbow, perhaps even chin deep in the process of filing tax returns. A recent publication noted that even those due refunds wait until the last minute to submit their bills to Uncle Sam.

69. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

70. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

71. Speedway Calls Off $6 Million Lamar Development -

Speedway LLC called off plans for a $6 million truck stop with 20 gas pumps at Lamar Avenue and Winchester Road Tuesday, April 7, saying they were told just last week that city plans to acquire right of ways would overrule its development plans.

72. Sammons Nomination Approved By Testy Council -

With an 11-0 vote, the Memphis City Council approved Tuesday, April 7, the return of former council member Jack Sammons to City Hall as the city’s new chief administrative officer.

73. Speedway Calls Off $6 Million Lamar Development -

Speedway LLC called off plans for a $6 million truck stop with 20 gas pumps at Lamar Avenue and Winchester Road Tuesday, April 7, saying they were told just last week by Memphis leaders that the city’s plans to acquire rights of way would overrule their development plans.

74. New Home for Elvis Jets Proposed South of Graceland -

The company that owns two of Elvis Presley’s jets – which have been on display for nearly 30 years as part of Graceland property tours – wants to move the jets to five acres just across the southern border Elvis Presley Enterprises-owned land.

75. Five of the Nation’s Finest -

Each year the U.S. Chamber of Commerce recognizes the contribution of small business to the national economy with the Blue Ribbon Small Business Awards. Five from Knoxville’s business community – The Tomato Head, Management Solutions LLC, Design Innovation Architects Inc., Visionary Solutions LLC and AMS Corp. – have been chosen for inclusion in the annual program.

76. Collins Won't Seek Re-election -

Memphis City Council member Harold Collins will not be running for re-election to the council this year even if he doesn’t run for Memphis Mayor.

77. Federal Loan Would Support Expansion at Alcoa Plant -

ALCOA, Tenn. (AP) – A statement from the U.S. Energy Department says it has given a "conditional commitment" for a $259 million loan to the Alcoa plant in East Tennessee to expand production of lightweight materials for vehicles.

78. Archimania Moving Forward With South Main Plans -

Memphis architecture firm archimania is inching closer to building a new headquarters and apartment development in the South Main neighborhood Downtown.

Archimania hopes to build a 5,000-square-foot office building, a 20-space surface parking lot and a six-unit apartment building at 705 S. Main St., which is located southeast of the Main and East Carolina Avenue intersection.

79. High Water -

The city’s 3.3 miles of floodwalls and five miles of levees held in the 2011 near record rise of the Mississippi River at Memphis.

But in the four years since, the walls have continued to settle by as much as 18 inches in some places.

80. Harahan Bridge Could Get Brighter -

Memphis civic and business leaders are in the early stages of talking with an anonymous donor about lighting the Harahan Bridge while a Memphis-based movie theater titan is exploring building a new theater Downtown.

81. EDGE Developing Guidelines for Destination Retail Incentives -

When Swedish furniture retail giant Ikea announced it wanted to build one of its destination retail centers in Memphis, the company was greeted with open arms.

Mayor A C Wharton Jr. even held a City Hall press conference to announce the news in December.

82. Love Song to a City -

As the story goes, Al Green wrote the lyrics to “Let’s Stay Together” in about five minutes. In 1972, the song – which spans just three minutes and 13 seconds – reached No. 1 on the Billboard Hot 100.

83. Affordability? It’s All in the Eye of the Buyer -

The new construction at 2314 Castleman sold last week for $1,365,000 after Brent Morris of Parks listed the home for $1,395,000. Morris has developed a niche in locating infill lots and teardowns – to use the plural of the now-popular noun created by adding verb to adverb – in the Green Hills area.

84. Coliseum Group Weighs Previtalization -

The group that wants to see the city renovate and reopen the Mid-South Coliseum is exploring something similar to the “previtalization” events of last year at the Tennessee Brewery.

“We’re not the only ones who want to do a previtalizing event in the Coliseum,” said Marvin Stockwell, of the Coliseum Coalition, on the WKNO TV program Behind The Headlines. “If an investor comes forward, great. If it doesn’t, we’ve given it a proper send off. You want to at least give citizens a chance to be in that space.”

85. Drive! Consortium Pushes Regional Auto Industry -

Tennessee’s bustling automotive-industry sector is going to get a whole lot busier in the coming months, at least if a large group of businesses, agencies and related parties behind the Drive! for the Future Consortium (Drive!) have anything to say about it.

86. Space Race -

Businesses looking for office space in Nashville are learning a painful lesson that homebuyers already know – prices are high, and if you take time to shop around for a better deal, someone else is likely to snap up the property, leaving you out in the cold.

87. Wave of New Retail Construction Boosts Contractors -

Retail development in the Memphis area is booming in what construction and retail officials describe as the most active period for retail construction since the recession, with everything from a massive outlet mall in Southaven to grocery stores and smaller, traditional retail centers going up.

88. Brewery Developers Buy Site for New Apartment Building -

11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million

Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.

89. Path to Crosstown Difficult, Unexpected -

When Staley Cates bought the Sears Crosstown building in 2007 and the development team behind what is now Crosstown Concourse was taking shape to redevelop the property, another developer dropped by Cates’ office.

90. Goldman Sachs ‘Confident’ in Memphis -

In April, Rachel Diller, managing director of the urban investment group at Goldman Sachs, received a phone call in her New York office from officials at Phoenix-based Dudley Ventures.

The executives at Dudley Ventures, which specializes in large tax-credit supported projects, were arranging financing for the $200 million effort to transform the old Sears Crosstown property and wanted to know if the New York-based investment bank was interested.

91. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

92. Real Estate Pros Upbeat -

After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.

93. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

94. Brewery Developers Acquire Butler Avenue Land -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

95. Crosstown Project Named Crosstown Concourse -

Developers of the old Sears Crosstown building formally broke ground Saturday, Feb. 21, on the project that was five years in the planning and gave it a new name – Crosstown Concourse.

Nearly a thousand people packed a tent in the shadow of the mammoth 1.5 million square foot building on a rainy, cold and overcast day that marked 88 years to the day that ground was broken in 1927 on the original Crosstown structure including the tower that will serve as an apartment building in the multi-use redevelopment.

96. City Requests Fairgrounds Review by ULI Experts -

The upcoming review of the Fairgrounds redevelopment concept by a group of Urban Land Institute experts will move quickly and could be a political wild card.

The city’s request last week for a review by Urban Land Institute’s Advisory Services goes to a part of the planning and land use nonprofit that has been specializing in such political hot potatoes since 1948.

97. Building From a New Blueprint -

When recruiting new businesses, East Tennessee economic development officials have long touted the benefits of partnering with the Oak Ridge National Laboratory and the University of Tennessee.

The lab and the university both have a history of working closely with private business to develop cutting-edge manufacturing techniques, technologies and new products. That research effort recently received a major boost with President Obama’s announcement of a new manufacturing innovation hub based in the Knoxville area.

98. Raleigh Springs Mall Tests Town Center Concept -

The idea that a declining shopping mall can be redeveloped and reinvigorated as a “town center” with local government offices as a catalyst for private developers appears to be on its way to a meeting with reality.

99. Developer Says Now is Time for One Beale -

A favorable lending environment and strong demand for Downtown apartments, hotel rooms and meeting space are providing a window for developers to move forward with a skyline-altering hotel and apartment development overlooking the Mississippi River at the foot of Beale Street, a member of the development team told Downtown officials Tuesday.

100. Growth is Great, But Where Will Workers Live? -

For the past two years, developers, property owners and Realtors alike have been treated to what some call the best real estate market in the country. Sellers are realizing astronomical returns on their investments as they shed properties that they have been strapped with for years.