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Editorial Results (free)

1. Dayco Opens Memphis Distribution Center -

Dayco, a leading engine products and drive systems supplier for the automotive, industrial and aftermarket industries, has opened its new Memphis distribution center.

The 400,000-square-foot facility, located at 3530 E. Raines Road, will employ 200 people.

2. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

3. Memphis Tourism Officials: Limit Hotel Tax Breaks -

A wave of Downtown hotel plans has officials pumping the brakes on using public incentives for smaller, limited-service hotels.

With up to a dozen Downtown hotel projects in the development pipeline, the Memphis Convention and Visitors Bureau has asked the Downtown Memphis Commission to explore limiting incentives to large, full-service hotels.

4. Madeline Patterson Joins Burson Campaigns -

Madeline Patterson has joined the Memphis office of Burson Campaigns, the corporate issues management unit of Burson-Marsteller, as a vice president. In her new role, Patterson will work with Burson clients on issues and crisis management, communications strategy, and integrated marketing and communications campaigns.

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. Events -

The Center City Revenue Finance Corp. will meet Tuesday, July 14, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

7. Events -

The Orpheum Theatre will present “Motown: The Musical” Tuesday, July 14, through July 19 at the theater, 203 S. Main St. Buy tickets at orpheum-memphis.com.

8. Carlisle Corp. Alters One Beale Plan -

Carlisle Corp. has revised plans for its ambitious, $160 million One Beale development at the foot of Beale Street in Downtown Memphis.

The south tower, which will include a four-star hotel, will now stand 18 stories tall, down from 22 stories as previously planned.

9. Fino’s Taking a Bite Out of East Memphis -

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

10. Yolanda Kight is Newest Judicial Commissioner -

Attorney Yolanda Kight is the newest Shelby County Judicial Commissioner.

The Shelby County Commission chose Kight Monday, June 21, on the 12th round of voting to fill the vacancy.

11. 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.

12. Yolanda Kight is Newest Judicial Commissioner -

Attorney Yolanda Kight is the newest Shelby County Judicial Commissioner.

The Shelby County Commission chose Kight Monday, June 21, on the 12th round of voting to fill the vacancy.

13. This week in Memphis history: June 19-25 -

1985: The Center City Revenue Finance Corp. takes the first step toward financing a residential development to be called South of Beale, bounded by Fourth and Third streets and Lt. George W. Lee and Linden avenues – the block where FedExForum is now.

14. Dayco Wins Tax Break For Distribution Operations -

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

15. Dayco Awarded Tax Incentive for Memphis Warehouse -

A Michigan-based manufacturer of belts and other items for the automotive, industrial and aftermarket sectors has been awarded a tax break to open a national distribution center in Memphis.

The city-county Economic Development Growth Engine awarded Dayco Products Ltd. a five-year tax incentive for the distribution center, which will employ 174 workers. The average annual pay for employees would be $26,753, plus benefits.

16. Panel Alters Wharton’s Plan for Memphis Fairgrounds -

The Mid-South Coliseum becomes a pavilion with a grove next to a multi-purpose sports center. A 10-acre water park fronts on Central Avenue where a high school gym now stands.

A second north-south Tiger Lane intersects with the current east-west version.

17. Panel Alters Wharton’s Plan for Memphis Fairgrounds -

The Mid-South Coliseum becomes a pavilion with a grove next to a multi-purpose sports center. A 10-acre water park fronts on Central Avenue where a high school gym now stands.

A second north-south Tiger Lane intersects with the current east-west version.

18. Events -

The Center City Revenue Finance Corp. will meet Tuesday, June 9, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

19. Events -

FedEx St. Jude Classic golf tournament will be held Monday through Sunday, June 8-14, at TPC Southwind, 3325 Club at Southwind. The PGA Tour stop will feature tournament play, celebrity pro-am, and events throughout the week. Visit stjudeclassic.com for a schedule.

20. 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.

21. CP Memphis Assumes Lease of Crowne Plaza -

CP Memphis LLC, a Delaware limited liability company, signed an assignment and assumption of lease document May 18 taking ownership of the Downtown Crowne Plaza Hotel, at 300 N. Second St.

22. Backsplash -

In the beginning, there was Splash – the first legal casino in Tunica County following the Mississippi Legislature’s passage of the 1990 law legalizing “dockside” casinos in the state.

23. Council Approves Brewery Parking Garage Loan -

Memphis City Council members gave the green light Tuesday, May 19, to a $5.1 million loan for the Downtown Parking Authority to build a 339-space parking garage on Tennessee Street across from the Tennessee Brewery.

24. Council Approves Brewery Parking Garage Loan -

Memphis City Council members gave the green light Tuesday, May 19, to a $5.1 million loan for the Downtown Parking Authority to build a 339-space parking garage on Tennessee Street across from the Tennessee Brewery.

25. Crone Joins Council, City Buys State Office Building -

Attorney Alan Crone is the newest member of the Memphis City Council.

The former chairman of the Shelby County Republican Party who has worked in the nonprofit sector for the last decade was the choice of city council members Tuesday, May 19, to fill the vacancy.

26. Southbrook Tests Wharton Administration Shake-Up -

It didn’t take very long for the city of Memphis’ new chief administrative officer to make a tough call.

And when Jack Sammons came down on the side of pulling back city funding for Southbrook Mall, political allies and foes of Mayor A C Wharton Jr. watched to see if he would go along with the decision.

27. Southbrook Mall Funding Put On Hold By Wharton -

City funding for renovations at Whitehaven’s Southbrook Mall is off at least for now, Memphis Mayor A C Wharton Jr. said Thursday, May 14, signaling more time in limbo for the controversial project.

28. 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.

29. Events -

Luna Nova Music will present a preview concert for the ninth Belvedere Chamber Music Festival Monday, May 11, at 7:30 p.m. at the Beethoven Club, 263 S. McLean Ave. The concert will preview some of the works for the June 17-20 festival. Admission is free. Visit lunanova.org.

30. Conduit Job Cuts Follow Bass Pro Gain -

The news that Conduit Global would lay off nearly 600 of its 700 Memphis call center employees happened so quickly that Mayor A C Wharton Jr. was caught by surprise when the word came Wednesday, May 6.

31. 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.

32. Rieger Begins Work at Memphis Chamber -

Tom Rieger recently joined the Greater Memphis Chamber as senior vice president of member development, a role in which he will oversee major fundraising activities, conduct membership drive campaigns and implement revenue enhancement opportunities.

33. Memphis Budget Proposal Includes More Street Paving, Health Insurance ‘Overhang’ -

Street paving is the centerpiece of Memphis Mayor A C Wharton Jr.’s capital improvements budget for the upcoming fiscal year.

Wharton is proposing a $656.5 million operating budget for the fiscal year that begins July 1. The administration is taking a $55 million capital improvements budget to the Memphis City Council that will include the most street paving the city has done since the federal stimulus fund of 2008, according to Wharton.

34. Major Changes -

Aside from Christmas bells for its annual red kettle campaign, The Salvation Army historically has had a “quiet presence” in Memphis, according to Ellen Westbook, director of community relations and development.

35. Bristol on Union, Crowne Plaza Poised For Sales -

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

36. Heritage Trail Redevelopment Plan Resurfaces -

A long-delayed city plan to remake a large swath of Downtown’s southern end appears to be making a comeback.

Memphis Housing and Community Development director Robert Lipscomb said Tuesday that the city expects to receive good news on the Heritage Trail development plan sometime this year.

37. Bristol on Union, Crowne Plaza Memphis Poised for Sales -

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

38. 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.

39. Events -

Center City Revenue Finance Corp. will meet Tuesday, April 14, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

40. County Commission Looks for Schools Budget -

Shelby County Commissioners have plenty of work to begin on the $1.18 billion budget proposal submitted to the body this week by Shelby County Mayor Mark Luttrell.

41. County Budget Proposal Includes $6 Million Dilemma -

Some of the numbers crucial to the bottom line of Shelby County’s budget for the upcoming fiscal year are still expected with about four months left in the fiscal year.

But at the outset of county commission budget hearings that begin Wednesday, April 8, here’s what the dollar figures look like.

42. City Council to Hear Plan for New Police Strategy -

Memphis City Council members get their first look Tuesday, April 7, at a new strategy for the Memphis Police Department as well as Memphis Mayor A C Wharton’s choices for the new Beale Street Tourism Development Authority.

43. Central Station Project Relies on Local Institutions -

At $55 million, the proposed redevelopment plan for Central Station that debuted last week isn’t quite the “vertical village” that Crosstown Concourse is. The price tag, all except $3 million of which is private financing, is about a quarter of the $200 million cost of Crosstown.

44. County Commission Considers $3.6 Million Prison Food Contract With Aramark -

Who feeds those behind bars in Shelby County has been a politically volatile government issue for years.

It touches on several political hot spots including whether or not to use local companies and local subcontractors, the privatization of a county government function and the possible loss of government jobs in the transition.

45. 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.

46. Tanger Outlets to Open Southaven Mall in November -

What is now a field near Interstate 55 and Church Road in Southaven, Miss., soon will become an outlet-shopping destination.

The 310,000-square-foot Tanger Factory Outlets Centers Inc. shopping center should be ready for shoppers by Nov. 19, just in time for Christmas.

47. Events -

The Center City Revenue Finance Corp. will meet Tuesday, March 10, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

48. Events -

Calvary Episcopal Church will present the 2015 Lenten Preaching Series and Waffle Shop Tuesdays to Fridays through March 27. The preaching series runs from 12:05 p.m. to 12:40 p.m., and the Waffle Shop is open from 11 a.m. to 1:30 p.m. Visit calvarymemphis.org/lentenpreaching for a series schedule.

49. Restless Winter -

For most of its 103-year life as city property, the Mid-South Fairgrounds has been a place where Memphians remember why they came there in the past, as local leaders have periodically pushed to remake its landscape and in turn create more memories going forward.

50. City Council to Get Update Halfway Into Fiscal Year -

Memphis City Council members return to the matter of city finances Tuesday, March 3, with a financial review in a 9:30 a.m. committee session that marks the halfway point in the city’s fiscal year.

51. Harris’ Bill Faces Opposition From Memphis City Council Members -

Legislation by Sen. Lee Harris requiring local governments to hold a referendum before they take on “extraordinary” debt could run into opposition from his own City Council and municipal leaders across Tennessee.

52. Coming Up Roses -

Back in the 1970s, Scott McCormick was taking pictures of the Memphis Botanic Garden for the White Station High School yearbook.

53. Coca-Cola Awarded Incentives to Stay, Expand in Memphis -

Coca-Cola appears poised to grow its Memphis presence.

The city-county Economic Development Growth Engine awarded Coca-Cola Refreshments USA Inc. a 15-year tax break Wednesday, Feb. 18 to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis.

54. Debt, Pension Overhang Top City Council Priorities -

UPDATE: Council committee sessions are beginning late Tuesday – at 10:30 a.m. – because of weather-related road conditions, and committees will have a condensed schedule, according to council staff.

55. Memphis Begins Eminent Domain Process on Raleigh Springs -

Memphis Mayor A C Wharton Jr. told the Memphis Rotary Club Tuesday, Feb. 10, that the city has initiated eminent domain legal proceedings on the Raleigh Springs Mall to possibly demolish parts of it.

56. 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.

57. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Feb. 10, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

58. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

59. $2.2M Permit Filed for Downtown Reuse Project -

An adaptive reuse project Downtown is moving forward.

Cendown Ltd. LP, which is redeveloping 85, 87 and 91 S. Second St. into 16 apartments and ground-floor restaurant space, has applied for a $2.2 million building permit for interior renovation work at 85 S. Second.

60. Skyline-Changing Tower Project Planned for Beale -

The resurrected One Beale project at Riverside Drive and Beale Street has returned to a two-tower plan that will include 280 apartments, 40,000 square feet of retail and meeting space, 20,000 square feet of office space and a 300-room hotel.

61. $2.2 Million Permit Filed for Downtown Reuse Project -

An adaptive reuse project Downtown is moving forward.

Cendown Ltd. LP, which is redeveloping 85, 87 and 91 S. Second St. into 16 apartments and ground-floor restaurant space, has applied for a $2.2 million building permit for interior renovation work at 85 S. Second.

62. Wharton Administration No Show At Fairgrounds Forum -

No one from the administration of Memphis Mayor A C Wharton Jr. showed up Wednesday, Jan. 28, for a public forum on Wharton’s still-developing plan for the redevelopment of the Mid-South Fairgrounds.

63. Taxing Question -

With gas prices in a historic plunge, the idea of hiking state and federal gas taxes and fees to pay for transportation infrastructure improvements is gaining traction.

Democratic and Republican leaders in both chambers of Congress in recent weeks have signaled a willingness to approve an increase in the federal gas tax to help fund improvements to the nation’s crumbling roads and bridges. Meanwhile, a new statewide coalition has launched to support an increase and reform in Tennessee’s transportation fees.

64. Commissioners Watching What’s Next for Fairgrounds Plan -

It’s not on the Monday, Jan. 26, agenda of the Shelby County Commission, but commissioners are watching the political dominoes that are lining up en route to some kind of move by the city of Memphis toward a Fairgrounds Tourism Development Zone.

65. Raymond James Tower Fetches $20 Million -

How much is a 21-story skyscraper overlooking the Mississippi River worth? About $1 million a floor.

New York-based investor Jacob Sofer will pay Parkway Properties around $20 million for the Raymond James Tower at 50 N. Front St. Downtown, according to several people with knowledge of the transaction. The Shelby County Assessor of Property’s 2014 appraisal for the 340,000-square-foot building is $24 million.

66. EDGE Approves Ikea Incentives -

Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.

The board of the city-county Economic Development Growth Engine on Wednesday, Jan. 21, approved the controversial payment-in-lieu-of-taxes incentive on an 8-1 vote. Larry Jackson voted against the measure.

67. EDGE Approves Incentives for Memphis Ikea Store -

Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.

The board of the city-county Economic Development Growth Engine on Wednesday, Jan. 21, approved the controversial payment-in-lieu-of-taxes incentive on an 8-1 vote, with Larry Jackson voting against the measure.

68. Council Takes Up Beale’s Next Act -

Memphis City Council members are likely to have some questions Tuesday, Jan. 20, about the still tentative settlement of the last part of the court fight for control of Beale Street.

The tentative terms of the settlement between the city of Memphis and the Beale Street Development Corp. leaked last week and include a share of revenues from the operation of the entertainment district for the BSDC that would otherwise go to the city, which owns the property between Second and Fourth streets.

69. Tentative Deal Limits Role of Beale Street Development Corp. -

In the beginning of the redevelopment of Beale Street, city leaders of the late 1970s put in place the Beale Street Development Corp. in a role they saw as a cultural guardian of the district between Fourth and Second streets.

70. Morris: Public Transit Tops Downtown Goals -

A stronger and more vital public transportation presence in Downtown and a plan for development of land south of Central Station are two priorities of the Downtown Memphis Commission for the coming year.

71. Brewery Developer Calls for ‘Leap of Faith’ -

Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016, a veteran developer told a Downtown development board Tuesday, Jan. 13.

72. New York Investor to Buy Raymond James Tower -

A New York-based investor is under contract to purchase the Raymond James tower on Front Street Downtown, one of the most recognizable office buildings in the city.

73. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Jan. 13, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

74. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Jan. 13, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

75. Concerns Raised About Ikea Incentives -

Some city of Memphis officials are concerned that offering tax incentives to Swedish furniture retailer Ikea could set a dangerous precedent, one that could open the door for other retailers, including large mall owners, to seek the tax breaks.

76. Tennessee Brewery Redevelopment Plans Emerge -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

77. New Details Emerge About Tennessee Brewery Redevelopment -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

78. Elvis Presley Enterprises Applies for Hotel Building Permit -

3066 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $57 million

79. Collins, Harris Discuss Tax Incentive Concerns -

Memphis City Council members Harold Collins and Lee Harris agree for the most part on the value of the Graceland expansion plan the council approved two weeks ago.

80. Graceland Plan Highlights Blurred Lines in Financing -

There are private funds and public funds. And when a private project has the potential to up the tax revenue taken in by local and state governments, that money enters a middle ground between the two.

81. Council Embraces New Pension 'Concept' -

Memphis City Council members are still weighing their options on pension plan changes after another alternative emerged Tuesday, Dec. 2, and the “concept” got eight votes on the council.

82. EDGE Approves Graceland Taxing District -

A special taxing district to help pay for a massive redevelopment of the sprawling Graceland campus is one step closer to reality.

The board of the city-county Economic Development Growth Engine approved Tuesday, Nov. 25, the creation of a Tax Increment Financing, or TIF, district around Graceland, one of the city's most visited attractions and powerful economic engines.

83. City Council to Consider Police Funding -

Memphis City Council members will consider Tuesday, Nov. 18, taking $1 million from city reserves to fully fund an additional Memphis police recruit class in the current fiscal year.

The $1 million from reserves would go with $2 million the council approved at the start of the fiscal year for a new recruit class.

84. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Nov. 11, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

85. CCRFC Considers Bonds for Crosstown Conservation -

The Sears Crosstown redevelopment project could get an infusion of funds for energy conservation efforts.

The Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission, is considering issuing $14.5 million in Qualified Energy Conservation Bonds on Tuesday, Nov.. 11, and the $180 million Crosstown project could claim some of those funds.

86. CCRFC Considers Bonds for Crosstown Conservation -

The Sears Crosstown redevelopment project could get an infusion of funds for energy conservation efforts.

The Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission, is considering issuing $14.5 million in Qualified Energy Conservation Bonds on Tuesday, Nov.. 11, and the $180 million Crosstown project could claim some of those funds.

87. Commercial Sales Rise in Third Quarter -

Commercial sales were up in the third quarter when compared to the same period last year, according to real estate information company Chandler Reports, www.chandlerreports.com.

88. CCRFC Considers Conservation Bonds for Crosstown -

The Sears Crosstown redevelopment project could get an infusion of funds for energy conservation efforts.

The Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission, is considering issuing $14.5 million in Qualified Energy Conservation Bonds for the $180 million Crosstown project for energy conservation efforts.

89. Battle Rages On Between Regional Foes -

In October, Old Dominion Freight Line Inc. opened the door, or 267 doors to be more precise, on its new $30 million service center in Memphis.

90. Memphis Economic Indicator Finds Optimism -

The latest Memphis Economic Indicator, a quarterly survey measuring general business sentiment produced jointly by The Daily News and Dixon Hughes Goodman LLP, found a downward trend in sentiment measured by almost all of the survey’s six standard questions.

91. Events -

West Tennessee Home Builders Association presents the 2014 VESTA Home Show daily except Mondays through Oct. 26 at Shaw’s Creek Reserve, on Raleigh Lagrange Road east of Tenn. 196 in Piperton. Hours are 10 a.m. to 7 p.m. Tuesdays through Saturdays and 1 p.m. to 7 p.m. Sundays. Tickets are $12 for adults, $10 for seniors and $5 for youths 7 to 14. Visit vestashow.com.

92. TGI Fridays Franchisee Buys 3 Local Restaurants -

A New Orleans-based restaurant group has acquired three local TGI Fridays restaurants.

Southeast Restaurant Group bought the restaurants at 8325 U.S. 64, 7733 Winchester Road and 176 Goodman Road in Southaven, part of a broader 20-restaurant deal.

93. Probate Court Trio Returns for New Terms -

The two judges and clerk whose court is at the center of the practice of estate law in Shelby County were returned to their offices by Shelby County voters in the August county general elections.

Probate Court Judges Karen D. Webster and Kathleen N. Gomes as well as Probate Court Clerk Paul Boyd each faced challengers in the election that drew a 27 percent voter turnout overall.

94. Events -

Rhodes College will host its annual Constitution Day lecture Monday, Sept. 8, at 5 p.m. in Blount Auditorium of Buckman Hall on campus, 2000 North Parkway. Dr. Melvin I. Urofsky, an expert on the U.S. Supreme Court, will explore great dissents and dissenters in the history of the court. Cost is free. Visit rhodes.edu.

95. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Aug. 12, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

96. Pressure Builds to Grant More Tax Breaks -

The head of the Economic Development Growth Engine organization says there is another side to the controversy over granting property tax abatements through payments-in-lieu-of-taxes that isn’t heard in the current civic discussion about the incentives.

97. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Aug. 12, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

98. 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.

99. Problem Property -

The city of Memphis and the Downtown Memphis Commission suffered a stinging setback this week in their quest to rid a key section of Main Street of a deteriorating eyesore, one that has survived multiple attempts to be sold and defied repeated orders to clean up.

100. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.