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Editorial Results (free)

1. Rail House Roots -

Editor’s note: This is the third in a three-part series. “Rail house” is a term that businesses – especially restaurants and bars – near train tracks, or with railroad motifs, use in their names.

2. Reshaping a City, One Lot at a Time -

John G. Brittle Jr. doesn’t have an office. He has a war room. The space, crowded with maps, charts, books, piles of paper and marked-up spreadsheets, is ground zero for InfillNashville, the 10-person team of site selection specialists that Brittle leads at Village Real Estate Services.

3. Developers Try Again on Proposed Highland McDonald's -

The developer behind a proposed McDonald’s on Highland Avenue near the University of Memphis is making another attempt at the project.

The University Neighborhood Development Corp. is hosting a meeting Thursday, Aug. 14, with representatives of the development team to discuss a new site plan for the proposed restaurant. The meeting is scheduled for 6 p.m. at St. Luke’s United Methodist Church.

4. Rail Houses in Art, Elsewhere -

Editor’s note: This is the second in a three-part series.

The quest continues for a definition of rail house, a term found in business names across several countries. Most Rail Houses are eateries, or drinkeries, but there’s a rec center, an event venue, a B&B, a brewery or two, office buildings, and more. A typical Rail House is near the tracks, has a train station motif, and may be located in a remodeled railway building.

5. Graceland Campus Financing Relies on Tight Boundaries -

When Elvis Presley Enterprises breaks ground next week on the $75 million, 450-room hotel-resort it will build north of Graceland mansion, it will be the beginning of crossing something off the company’s wish list since Elvis Presley’s mansion opened for tours in the early 1980s.

6. Pew: Split Views on Robots' Employment Benefits -

WASHINGTON (AP) – In 2025, self-driving cars could be the norm, people could have more leisure time and goods could become cheaper. Or, there could be chronic unemployment and an even wider income gap, human interaction could become a luxury and the wealthy could live in walled cities with robots serving as labor.

7. Home Market Still Facing Obstacles -

After suffering through a brutal slump in the wake of the worst economic downturn in decades, the local real estate industry has slowly merged onto the road to recovery, though a few speed bumps that could slow progress remain.

8. Lot Shortage Poses Next Roadblock -

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

9. French Fort Plan Calls for $150 Million Development -

What would begin as 67 apartments in the former U.S. Marine Hospital and nurses’ quarters on the northern edge of the French Fort neighborhood would grow in phases to a $150 million development south of E.H. Crump Boulevard, according to a plan unveiled over the weekend.

10. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

11. Microsoft Cutting 18,000 Jobs, Signals New Path -

LOS ANGELES (AP) – Microsoft announced the biggest layoffs in its history Thursday, saying it will cut 18,000 jobs as it streamlines its Nokia mobile device business to focus on using the Windows Phone operating system.

12. Uphill Climb -

Shelby County’s homebuilding industry is off to a slow start in 2014, with builders filing 16.6 percent fewer permits in the second quarter than in the same three-month period a year ago.

Builders filed 245 permits in Shelby County in the second quarter, compared with 294 permits in the second quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. Builders filed 191 permits in the first quarter.

13. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

14. Asics America Expanding in Byhalia -

Asics America Corp. is expanding its footprint in Byhalia, Miss.

The company is adding 342,144 square feet to its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park.

15. Economic Development Growth Engine Looks to Make PILOTs More Effective -

For years, the payment-in-lieu-of-taxes incentive used to recruit or retain jobs in Memphis and Shelby County has been a lightning rod for criticism, particularly from municipal labor unions who view the incentives as corporate welfare that erodes the tax base.

16. ‘Significant Headwinds’ -

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

17. FAA, Developers Clash Over Tall Buildings -

WASHINGTON (AP) – The government wants to dramatically reduce the allowable height of buildings near hundreds of airports – a proposal that is drawing fire from real estate developers and members of Congress who say it will reduce property values.

18. Google Shows Off Android Auto, Wearables -

SAN FRANCISCO (AP) – Some 1 billion people are now using Android devices, Google said as the company kicked off its two-day developer conference Wednesday in San Francisco.

But the online search leader's effort to broaden its focus beyond smartphones and tablets was on full display as the company unveiled far-reaching plans to push further into the living room, the family car and the TV set.

19. 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.

Builders pulled 72 permits in Shelby County in May, down 38.4 percent from 117 permits in May 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 72 permits filed by builders in May were up slightly from 68 permits filed in April.

20. 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.

And he’s also worked on developments and projects that are smaller – sometimes part of the ripple effect of larger projects, but no less important or influential.

21. What to Aid Ailing Casino Market -

TUNICA RESORTS, Miss. (AP) – As Tunica grapples with the Harrah's closure, the state of Mississippi hasn't acted to support the industry. But there are proposals under discussion that might bolster the remaining casinos and the tax revenue they produce. Here's a brief look at some:

22. Back on Track -

Two major Downtown projects that suffered setbacks after the real estate market seized up when the recession battered the economy are poised for a comeback.

Real estate experts and Downtown officials say the prospects for the Horizon on the southern end of Downtown and One Beale at Beale Street and Riverside Drive appear promising.

23. ‘A Step Closer’ -

The general contractor for the Crosstown redevelopment project recently applied for three building permits totaling $115.3 million as the development team approaches a key period for financing the ambitious project.

24. Oil Company Approved for Former International Paper Site -

A portion of the former International Paper property in Natchez, Miss., is now under option to a company involved in the extraction of oil from the Tuscaloosa Marine Shale.

Natchez Inc. Executive Director Chandler Russ told The Natchez Democrat the transaction comes with the promise of 20 jobs. Russ said local officials are under a confidentiality agreement.

25. Judge: East Tennessee City Can Change Name to Rocky Top -

NASHVILLE (AP) – A federal judge has given a former coal mining town in East Tennessee the go-ahead to change its name to Rocky Top – a move that developers have said is needed to entice them to build a massive tourist complex in the town of 1,800 people.

26. Microsoft Unveils Larger Surface Tablet -

NEW YORK (AP) – Microsoft announced a larger version of its Surface tablet to make the device more compelling as a laptop replacement.

The Surface Pro 3 will have a screen measuring 12 inches diagonally, up from 10.6 inches in previous models. Microsoft said it's also thinner and faster than before. The company said it worked closely with chip-maker Intel Corp. to maximize performance in a slim device.

27. Mind Over Data Captures Imagination With Touch Screens -

Mind Over Data is one of those Memphis companies that tends to fly under the radar, even though its high-tech handiwork can be found across the country and easily touches the imagination of people who encounter it.

28. ‘Higher Level’ -

Elvis Presley Enterprises CEO Jack Soden described his job last week as conveying the excitement he feels about the coming of a 450-room hotel next door to Graceland, while tempering that with the reality that while he wants to get it done as quickly as possible, it might be done in phases.

29. Google Resumes Glass Sales in the US -

SAN FRANCISCO (AP) – Google is once again selling its Internet-connected eyewear to anyone in the U.S. as the company fine-tunes a device that has sparked intrigue and disdain for its potential to change the way people interact with technology.

30. House Votes to Make Research Tax Credit Permanent -

WASHINGTON (AP) – The House voted Friday to make permanent a tax credit that rewards businesses for investing in research and development, pushing Congress toward an election-year showdown over a series of expired tax breaks that are popular back home but add billions to the budget deficit.

31. American Economy Bounces Back From Brutal Winter -

WASHINGTON (AP) – The American economy shrugged off the end of a brutal winter last month, rebounding with the biggest hiring surge in two years and suggesting that the job market's gains could endure.

32. Massey Looks to Grow CCIM Reach -

Shawn Massey is a commercial real estate broker by trade, but he has a burning passion for education.

Massey has co-founded a business-focused charter school in Frayser called Memphis Business Academy and he teaches a master’s level real estate class at the University of Memphis.

33. Area Industrial Market Poised for Solid Year -

All signs are pointing toward a strong year for the Memphis-area industrial market.

The Memphis market closed the first quarter with 897,829 square feet of absorption and the total vacancy rate for the Memphis market – 10.8 percent - is the lowest the market has experienced in 14 years, according to CB Richard Ellis Memphis.

34. Tactical Urbanism: Citizen Projects Go Mainstream -

MEMPHIS (AP) – The city painted a crosswalk and installed tennis-ball green signs, but the cars just kept on zooming through. But rather than wave a white flag, Sarah Newstok grabbed an orange one instead.

35. Facebook Unveils Host of Mobile-Friendly Features -

SAN FRANCISCO (AP) – Mark Zuckerberg, like Facebook, is maturing. The soon-to-be 30-year-old CEO of the 10-year-old social networking company grew reflective as he stood in front of hundreds of developers to announce a host of mobile features designed to put "people first."

36. AP Survey: China's Lending Bubble a Global Threat -

WASHINGTON (AP) — Just as the global economy has all but recovered from debt-fueled crises in the United States and Europe, economists have a new worry: China. They see a lending bubble there that threatens global growth unless Beijing defuses it.

37. Overton Square Parking Gets Latest Solution -

Work on a pair of pedestrian crosswalks across Cooper Street at Monroe Avenue in the next two months could be the beginning of remedying traffic problems in Overton Square.

The crosswalks are the first crucial part in the plan that so far includes permits for residential parking on Monroe and some reserved parking in the Overton Square garage specifically for businesses in the area.

38. Plans Coming Together for Tennessee Brewery Untapped -

Plans are taking shape for the six-week “temporary activation” project coming to the Tennessee Brewery at 495 Tennessee St., an initiative starting in late April that will be called “Tennessee Brewery Untapped.”

39. Heritage Trail Likely to Continue Despite Rejection -

The plan to demolish the last large public housing development in Memphis and use the demolition as a catalyst for a larger redevelopment of the surrounding area did not make the final cut with federal housing officials in Washington.

40. Mississippi River Geotourism Effort Touted -

The National Geographic Society wants to create an interactive media geotourism project that guides visitors on journeys they can coordinate up and down the length of the Mississippi River.

Jim Dion, coordinator of the Geotourism Map Guides division of National Geographic’s Center for Sustainable Destinations, has been in Memphis this week, meeting with local and regional tourism leaders and possible donors to the effort.

41. Tennessee Brewery Plan Unveiled -

Memphis businessman Taylor Berger is part of a team preparing to take short-term ownership of the Tennessee Brewery Downtown, with plans to bring a variety of community-focused uses to the site from roughly the last weekend in April through the last weekend in May.

42. Lot Dearth Problematic for Builders -

A dwindling supply of developed lots could threaten the nascent local homebuilding rebound, according to homebuilders.

“It’s going to eventually sidetrack the recovery because there’s not enough lots being developed to replace the supply,” said Charles Morgan of Vintage Homes LLC.

43. Cost Crunch -

The aftermath of the housing crash and economic recession produced a roller coaster of changes in construction costs, one with more peaks than valleys.

And local construction industry officials and homebuilders say they’re still struggling with fluctuating prices for materials.

44. ‘Never a Dull Moment’ in CRE for Hackmeyer -

After beginning the pursuit of a career as a pilot after graduating from the University of Alabama, Tanis Hackmeyer switched gears and delved into the world of commercial real estate.

“I believe that was one of the hardest decisions I’ve ever had to make and one of the best decisions I’ve ever made,” said Hackmeyer, managing partner at Hackmeyer Properties. “There were a few years where I still felt like I should be doing some flying, but I really was happy from the start that I made my decision.”

45. Buzz Around Spec Office Space Starts to Swirl -

International Paper Co.’s new office tower in East Memphis is under construction now, but it’s been four years since the last speculative office building opened its doors in Memphis.

46. Seeking Collaboration -

The debate over which development projects should be public or public-private efforts could intensify in the coming months as the city of Memphis explores multiple redevelopment plans.

Memphis Mayor A C Wharton Jr. said if the city, which is facing strong financial headwinds, hopes to attract investment, it must sometimes help jump-start developments in areas that the private sector may otherwise be hesitant to enter.

47. Healthy Design -

The road to community health and wealth is paved, at least in part, with smart design principles.

Density, a strong mix of uses, high design standards and amenities such as bike lanes and parks can produce healthier communities that attract business investment, Hernando Mayor Chip Johnson told Urban Land Institute Memphis members this week.

48. Affordable Townhome Community Opens in Holly Springs -

A new affordable townhome community in Holly Springs, Miss., opened Friday, Feb. 21.

Murphy Lane, a community of 36 townhomes, was developed by Rosedale Corp. of Oxford, Miss., with federal Low Income Housing Tax Credits, which provide a dollar-for-dollar reduction on federal income tax for developers.

49. This week in Memphis history: February 21-27 -

2013: The Salvation Army Kroc Center opened at the Mid-South Fairgrounds.

1974: On the front page of The Daily News, Albertine McCrory developers announced a 1,500-home planned community at Interstate 40 and Whitten Road called Hillshire. The plans called for single-family homes, townhouse condominiums, garden apartments, duplexes and commercial areas as well as an office industrial park for an estimated 12,000 people or a community about the size of Parkway Village at the time.

50. Walker Avenue Remake -

The former Mason YMCA on Walker Avenue near the University of Memphis is getting a new look. The redevelopment of the 11,500-square-foot property is underway and should be complete by the end of the year.

51. Hackathons Bring Cash Options -

SAN JOSE, Calif. (AP) – It used to be that “hacking” was just a type of crime, a computer break-in. But today, the term is also part of a growing – and perfectly legal – mainstay of the tech sector.

52. Developers Amend Highland Row Plan -

Developers of the Highland Row mixed-use development by the University of Memphis are taking an amended plan for the project to the Land Use Control Board Thursday, Feb. 13.

The new plan calls for less retail and commercial uses and more residential development.

53. PILOT Reform -

Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.

54. December US Construction Spending Up 0.1 Percent -

WASHINGTON (AP) – U.S. construction spending rose modestly in December, slowing from healthy gains a month earlier.

The Commerce Department said Monday that construction spending increased a scant 0.1 percent to a seasonally adjusted annual rate of $930.5 billion, down from a revised 0.8 percent increase in November.

55. Office Occupancy Ends 2013 on High Note -

An unusually strong fourth quarter helped push the overall Memphis office market occupancy rate into positive territory for 2013, according to year-end commercial real estate market reports.

The Memphis market recorded absorption of 225,338 square feet in the fourth quarter – the largest positive absorption the market has experienced during any quarter in more than 10 years – to end the year with positive net absorption of 40,558 square feet, according to CB Richard Ellis Memphis.

56. Heritage Trail Financing Plans Change -

The city of Memphis is making changes in its plans to finance two housing developments that are part of the broader Heritage Trail plan for redevelopment of the area south of FedExForum and into South Memphis.

57. Developers Show Interest in Germantown’s Arthur Property -

A 33-acre site near Saddle Creek in Germantown is seeing increased interest from developers and could change hands as early as this year, according to a real estate agent marketing the property.

Murray Foster, a broker with Taliesyn Realty, said interest in the property owned by the heirs of Boyd Arthur Sr. picked up last year and remains strong in 2014.

58. Full Steam Ahead -

A burgeoning distribution and logistics market for the Mid-South is taking root in the rich Delta soil in Marshall County, Miss., and Fayette County, Tenn.

Industrial developers and their tenants, lured by the availability of large tracts of land, major infrastructure enhancements, a new intermodal facility and friendly, focused public policy, are increasingly targeting the area.

59. Full Steam Ahead -

A burgeoning distribution and logistics market for the Mid-South is taking root in the rich Delta soil in Marshall County, Miss., and Fayette County, Tenn.

Industrial developers and their tenants, lured by the availability of large tracts of land, major infrastructure enhancements, a new intermodal facility and friendly, focused public policy, are increasingly targeting the area.

60. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

61. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

62. Designing the Medical Center for Creative Collisions -

The Memphis Medical Center near Downtown is currently in the midst of a significant building boom. Major new facilities by Southwest Tennessee Community College, University of Tennessee Health Science Center and the Bioworks Foundation are underway or nearing completion, joining successful hospitals, clinics, educational institutions and many other great small businesses.

63. ‘Tax Dead’ Program Clears First Hurdle -

Shelby County Commissioner Steve Mulroy scrambled Monday, Jan. 13, to overcome some of the nagging questions about an anti-blight initiative aimed at “tax dead” properties and overcame most of them for now.

64. Billingsley Is Newest County Commissioner As "Tax Dead" Program Advances -

Former Germantown alderman Mark Billingsley is the newest Shelby County Commissioner.

On the second ballot Monday, Jan. 13, commissioners appointed Billingsley to fill the vacancy created by the resignation this month of Wyatt Bunker, who became mayor of Lakeland last year.

65. Property Struggle -

Discussions are underway about the particulars of an imminent demolition contract for the Tennessee Brewery, and the owners of the castle-like structure Downtown could decide the property’s fate by sometime in February or March.

66. County Commission Expected to Fill Vacancy -

The Shelby County Commission starts with a dozen members at the first meeting of 2014. But it should be back up to the full 13 members by the end of the Monday, Jan. 13, session.

The commission meets at 1:30 p.m. at the Vasco Smith County Administration Building. Follow the meeting @tdnpols, www.twitter.com/tdnpols.

67. Raymond James Looks to Sublease Space -

Raymond James Financial Inc. is marketing space it has vacated at its 21-story Downtown office tower for subleasing opportunities as the company continues to evaluate its real estate needs.

68. Germantown Planning Commission OKs Plan for Whole Foods -

Developers on Tuesday, Jan. 7, cleared a key regulatory hurdle for a planned Whole Foods Market store in Germantown.

Before a packed house, the Germantown Planning Commission voted to approve a revamped plan for a new Whole Foods store at the southeast corner of the intersection of Poplar Avenue and Pete Mitchell Road, on the eastern edge of Germantown’s Central Business District.

69. Ballpark Deal Back Before City Council -

Memphis City Council members are scheduled to pick up Tuesday, Jan. 7, where they left off last month in considering a proposal in which the city of Memphis would buy AutoZone Park and contribute toward improvements to the ballpark.

70. Malasri Promotes Importance of Young Memphis Leaders -

Jittapong “J.T.” Malasri, a civil engineer with Memphis Light, Gas and Water Division, says his father probably knew his son would go into the engineering field long before he himself did. And his father, Siripong Malasri, should know – he was the dean of the School of Engineering at Christian Brothers University before returning to the classroom to teach and chair various departments.

71. Industrial Uptick Seen in Outer Counties -

The Memphis industrial market saw the return of speculative development in 2013 and an uptick in tenants seeking blocks of 500,000 square feet or more.

After suffering through a prolonged slump in industrial construction activity following the economic collapse and resulting recession, industrial development outside of Shelby County in the Memphis market roared back to life in 2013.

72. Commission Accepts Grant to Replace Ward Bridge -

Shelby County Commissioners set the stage Monday, Dec. 16, for a new Ward Road Bridge in north Shelby County.

The commission accepted a $982,485 state transportation grant for construction and engineering of the replacement of the bridge over Big Creek. The acceptance includes a $1.3 million subcontract with Dement Construction Co. LLC. In addition to the state grant, funding for the project includes $407,160 in state gas tax funds.

73. Building Capacities -

Major road and highway projects like the Interstate 269 loop, I-40/240 and the Mallory Road interchange near Frank Pigeon Industrial Park made substantial progress during 2013, with several phases of important transportation corridors wrapping up and new projects planned for 2014 and beyond.

74. Crosstown Construction Bidding Process Underway -

Construction documents for the ambitious Sears Crosstown redevelopment project have hit the street.

Memphis-based Grinder, Taber & Grinder Inc. is serving as the general contractor for the $180 million project, and bids for subcontracting work on everything from electrical systems to plumbing went out this week.

75. US Home Construction Hits Highest Pace in 5 Years -

WASHINGTON (AP) – U.S. builders broke ground on homes at the fastest pace in more than five years, strong evidence that the housing recovery is accelerating despite higher mortgage rates.

76. Commission Accepts Grant to Replace Ward Road Bridge -

Shelby County Commissioners set the stage Monday, Dec. 16, for a new Ward Road Bridge in north Shelby County.

The commission accepted a $982,485 state transportation grant for construction and engineering of the replacement of the bridge over Big Creek. The acceptance includes a $1.3 million subcontract with Dement Construction Co. LLC. In addition to the state grant, funding for the project includes $407,160 in state gas tax funds.

77. Commission Rejects School Board Pay Raises, Keeps Other Pay Levels Same -

In six hours, Shelby County Commissioners voted down the first of three readings on a proposed $20,000 pay raise for Shelby County Schools board members and kept the pay of the county Mayor, Sheriff, Trustee, Register, County Clerk and Assessor at the same level they are now.

78. Hot-Button Issue -

When the Economic Development Growth Engine of Memphis and Shelby County was formed in 2011, president and CEO Reid Dulberger knew it would take the organization a little time to gain its footing.

At first, EDGE did not have its own staff or its own office, and it lacked financial and operational control of several key component parts, such as the Port of Memphis and Shelby County and the Depot Area Development Corp.

79. MRG Sees Flurry of Activity at Marion Center -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC developed The Shops of Angelos Grove retail center in Marion, Ark.

80. Crosstown Effort Shines as Development Example -

Construction documents for the $180 million revitalization of the Crosstown building were scheduled to be finished Friday, Dec. 6, with the project moving toward closing and construction in the next months.

81. Solid US Job Growth Cuts Unemployment to 7 Percent -

WASHINGTON (AP) – The U.S. job market is proving sturdier than many had thought.

Solid job growth in November cut the U.S. unemployment rate to 7 percent, a five-year low. The surprisingly robust gain suggested that the economy may have begun to accelerate. As more employers step up hiring, more people have money to spend to drive the economy.

82. US Construction Spending Up 0.8 Percent in October -

U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

83. Urban Planner Whitehead Drawn to City Lights -

As planning director for the Memphis & Shelby County Office of Planning and Development, Josh Whitehead wears the hat of a mediator – a facilitator of wishes among government, private business, developers and citizens.

84. Crosstown Funding Mix of Local, State and Federal -

The $15 million in funding Memphis Mayor A C Wharton Jr.’s administration put together as the last piece of financing for the Sears Crosstown building redevelopment is not just a combination of state and federal grant money.

85. Traffic Concerns Delay Germantown Whole Foods -

The development team behind a proposed Whole Foods store in Germantown is going back to the drawing board after some neighbors expressed concerns about the project, particularly over traffic.

The development team withdrew its application from the Germantown Planning Commission’s Tuesday, Dec. 3, agenda and will return next month. After that, the development team would need approval from Germantown’s Board of Mayor and Aldermen.

86. US Construction Spending Up 0.8 Percent in October -

U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

87. US Home Permits Rise at 5-Year High on Apartments -

WASHINGTON (AP) – U.S. developers received approval in October to build apartments at the fastest pace in five years, a trend that could boost economic growth in the final three months of the year.

88. U of M Faces Challenging End of Year -

It is proving to be a restless fall at the University of Memphis as interim President Brad Martin pulls into focus several short-term goals that will have a long-term impact on the future of the city’s largest institution of higher learning.

89. Overton Square Banner Hints at Music Return -

In the place where the marquee for Lafayette’s Music Room in Overton Square was once anchored, a new banner went up last week by Loeb Properties reading “The Music Is Back.”

Covered over with a blank tarp is another sign above it also by the Overton Square developers that bears a striking resemblance to the old marquee.

90. End User Holds the Keys -

Last week we had Shekhar Mitra, the former head of global research and development for Procter & Gamble in Memphis for a strategy working session with our Southern Growth Ventures portfolio company, Dermaflage. We are very fortunate to have Mr. Mitra on the board, and we asked him to share his innovation model with the team over lunch.

91. Highland McDonald’s Proposal Withdrawn -

The developers behind a proposed McDonald’s on Highland Avenue near the University of Memphis withdrew their request for approval from the Land Use Control Board Thursday, Nov. 14.

The developers, Century Management Inc., have withdrawn their plan completely after initially signaling they were withdrawing for 30 days.

92. Oxford Mayor Talks Traffic Gridlock -

The mayor of Oxford, Miss., says University of Mississippi football fans should prepare for end-of-game gridlock similar to what happened after the Texas A&M game when the school plays Missouri on Nov. 23 in Oxford.

93. Gates to Share Creative Vision at Crosstown -

Internationally acclaimed installation and social practice artist Theaster Gates will be in Memphis this week to share some of the beliefs and perspectives that fuel his creative vision.

Gates’ free, public lecture, “A Way of Working,” will be Saturday, Nov. 16, at Sears Crosstown, 495 N. Watkins St.

94. CubeSmart Sells Storage Facility for $7.9 Million -

2700 Poplar Ave.
Memphis, TN 38112
Sale Amount: $7.9 million

Sale Date: Nov. 4, 2013
Buyer: WCP/DSSH Holdings 16 LLC
Seller: CubeSmart LP
Details: Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

95. Overton Square Momentum Connects With History -

If you think Midtown’s recent momentum, particularly in and around Overton Square, is real growth, you are right.

But it is growth in development that Overton Square developer Bob Loeb believes will bring along a denser population in the area.

96. Commercial Real Estate Market Reawakens -

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

97. Start Co. Gearing up for Trio of Entrepreneurial Events -

Global Entrepreneurship Week is around the corner, and Memphis’ Start Co. organization – a hub of related local entrepreneurial initiatives – is gearing up to participate in its own way in the international week-long celebration and support of entrepreneurs.

98. Crosstown Plans Continue to Evolve -

The National Park Service nixed plans for planting greenery on one side of the Crosstown parking garage but is OK with developers of the old Sears Crosstown property replacing windows in the mammoth building with new, similar-looking and configured ones.

99. Council Shares Criticism of Mayor in Mall Debate -

Memphis City Council members profoundly disagree with one another on how far the city should go to fund a renovation of Southbrook Mall in Whitehaven.

But both sides of the council discussion were of one mind Tuesday, Nov. 5, about their dissatisfaction with the qualified support the administration of Memphis Mayor A C Wharton Jr. has gradually given to the project.

100. Harbor Island Buys Land, Files Loan for Apartments -

Harbor Island Partners LLC has acquired 10.5 acres on Mud Island and filed a construction loan for a 134-unit apartment complex on the property.