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Editorial Results (free)

1. Singing Mechanic’s Life Much Like the Songs He Sings -

The Singing Mechanic – “I’ve got that name. Nobody else can use it,” says Billy Devereaux – sits by his worn, 1,200-square-foot, two-room cottage and looks down at Boots, his Dutch Shepherd.

“He’s a possum killer and he runs security,” says Billy, 55, gazing across the swath of remote land separated by a long gravel trail from Smith Springs Road in Antioch.

2. Airport Authority Approves RedRover Contract -

Memphis International Airport should have a new team of storytellers on board.

The Memphis-Shelby County Airport Authority board voted Thursday, Sept. 18, to engage Memphis-based RedRover Co. LLC to help craft a multi-platform communications and image campaign for Memphis International, which is transitioning from a Delta Airlines hub to an origin-and-destination airport.

3. Southern Airways Moving Hub to Memphis International -

Southern Airways Express is moving its primary hub from Olive Branch Airport in DeSoto County to a private terminal located at Memphis International Airport.

The move, announced Tuesday, Sept. 16, will be effective Oct. 1 and is the result of customer needs and a recently completed deal with Signature Flight Support.

4. Plans for Site of Closing International Paper Mill are Uncertain -

COURTLAND, Ala. (AP) – A year after International Paper announced that it would close a north Alabama mill because of declining demand, there's much uncertainty about the site's future.

5. Dedric Lawson Joining Tigers a Year Early -

Dedric Lawson, a 6-foot-8 forward, has said he will reclassify and come to the University of Memphis in 2015 instead of 2016, according to an ESPN.com report.

6. Real Estate Road Show on Tap Wednesday -

The next Shelby County Real Estate Road Show to promote Shelby County’s Tax Sale and Land Bank will be Wednesday, Sept. 10.

7. Walnut Hill Apartments Sells for $28 Million -

8920 Walnut Grove Road
Cordova, TN 38018
Sale Amount: $27.9 million

Sale Date: Aug. 28, 2014
Buyer: IRT Walnut Hill Apartments Owner LLC
Seller: 30 California-based limited liability companies
Details: The 324-unit Walnut Hill Apartments in Cordova has sold for $27.9 million to an entity affiliated with Philadelphia-based RAIT Financial Trust.

8. Bloodworth: Greenways Increasing Residential Values -

The Memphis region’s existing 50 miles of greenways, paths and trails are responsible for some increase in property values, particularly residential property, says Rusty Bloodworth, vice president of Boyle Investment Co. and past chairman of the Urban Land Institute’s Memphis chapter.

9. Sale-Leaseback Transactions Explained -

Many free-standing retail buildings are leased as a result of a “sale-leaseback,” when a retail company performs their own store development function.

What does sale-leaseback mean?

10. Stepherson Named Chair-Elect of Grocers Association -

Randy Stepherson has been named 2014-2015 chairman-elect of the Tennessee Grocers & Convenience Store Association board of directors. Stepherson is president of Stepherson Inc., the family- and employee-owned parent company of Superlo Foods, which has five Memphis-area locations, and Stepherson’s.

11. FedEx Building New Distribution Center in Louisiana -

COVINGTON, La. (AP) – Land is being cleared in St. Tammany Parish for a 175,000 square-foot distribution center for Federal Express.

Parish Economic Development Director Don Shea tells The Times-Picayune construction is expected to begin this fall and take about 15 months.

12. Council to Review Alternative Health Plan -

Memphis City Council members Tuesday, Sept. 2, talk over a proposed high-deductible health insurance plan that would restore health benefits for city employees and retirees.

The 1:30 p.m. executive session discussion by the full council is the first since the leaders of the Memphis Fire Fighters Association pitched the plan at a health insurance oversight committee session in July.

13. Greenprint Advocates Tout Range of Benefits -

After being lampooned for years as one of the worst metro areas in the country for bicyclists and pedestrians, the Memphis region is poised to make a huge leap forward in developing a regional greenway and trail system.

14. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

15. Memphis Multifamily Sector on Firm Ground -

It was 2008 and Memphis-based Makowsky Ringel Greenberg had just acquired a swath of property inside Boyle Investment Co.’s master planned Schilling Farms community in Collierville for a new multifamily development.

16. Bull Market -

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

17. Tennessee Now Seeks to Renovate Cordell Hull Building -

NASHVILLE (AP) – Gov. Bill Haslam's administration is backing off earlier plans to demolish the 60-year-old Cordell Hull office building located next to the state Capitol in Nashville and instead hopes to renovate it.

18. Circle K Files Permit for Winchester Store -

Circle K Stores has filed a $1.1 million permit with the city-county Office of Construction Code Enforcement for a store at 9113 Winchester Road in Germantown.

19. Slogan Sets Bar High for Tigers -

Senior running back Brandon Hayes knows the Tigers were “close” in a lot of games last season, even though the final result was a 3-9 record.

20. Graceland Manager Maps Global Outposts -

The recession and changes over the last nine years in the companies owning 85 percent of Elvis Presley Enterprises played a role in delaying plans for the expansion of Graceland into a 120-acre campus in Whitehaven.

21. Doug Carpenter & Associates Still Growing Four Years On -

Even before her recent graduation from the University of Texas at Austin, Cara Greenstein had been keeping an eye on her hometown of Memphis, paying attention to job opportunities, looking for the right place to land.

22. August 15-21: This week in Memphis history -

2013: Norah Jones was a surprise guest at a Levitt Shell concert by Cory Chisel and the Wild Rovers Tour.

1984: The Center City Commission reported $450 million in construction Downtown since 1976, counting public as well as private financing. The construction boom included the Memphis Plaza Hotel, Morgan Keegan Tower and the Scimitar Building.

23. Developer Tries Again for 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.

According to the most current site plan, the 5,353-square-foot restaurant building is situated along the sidewalk on Highland and a looping drive-thru proposed earlier has been replaced with one that runs along the eastern side of the building.

24. 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.

25. Graceland Expansion Ready to Rock -

After nine years of different ownership and talk of a $250 million expansion beyond Elvis Presley’s mansion, the revitalization of Graceland into a 120-acre campus gets underway Thursday, Aug. 14.

26. Memphis in May to Honor Poland in 2015 -

The Memphis in May International Festival will honor Poland during the 2015 month-long festival.

Festival organizers announced the honored country Tuesday, Aug. 12, at the organization’s annual meeting at the Memphis Botanic Garden.

27. Commission Approves School Facilities Study -

Shelby County Commissioners approved Monday, Aug. 4, a $1.8 million school facilities study to be conducted by Shelby County Schools.

And the commission approved a resolution asking Tennessee legislators to change laws on the approval of land use and zoning changes within five miles of the Memphis city limits. The change would make the Shelby County Commission the only body needed for approval. Currently, such changes within the 5-mile limit also require approval of the Memphis City Council.

28. PILOT Incentives Go Before City Council -

The incentives used to attract companies to the city and county or retain existing jobs got a hearing before a Memphis City Council committee Tuesday, Aug. 5.

In the ultra-competitive world of economic development, incentives can tip the scales in favor of Memphis and Shelby County, said Reid Dulburger, president and CEO of the city-county Economic Development and Growth Engine.

29. PILOT Incentives Go Before City Council -

The incentives used to attract companies to the city and county or retain existing jobs got a hearing before a Memphis City Council committee Tuesday, Aug. 5.

In the ultra-competitive world of economic development, incentives can tip the scales in favor of Memphis and Shelby County, said Reid Dulburger, president and CEO of the city-county Economic Development and Growth Engine.

30. Greenway Grants Program Seeks Applicants -

Money is available. There just aren’t many people asking for it. “That has been a problem in the past,” said Alice Hudson, director of development for the Tennessee Parks and Greenways Foundation, also known as TennGreen. “So far this year, we’ve only received one application.”

31. 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.

32. 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.

33. Commission Approves School Facilities Study -

Shelby County Commissioners approved Monday, Aug. 4, a $1.8 million school facilities study to be conducted by Shelby County Schools.

And the commission approved a resolution asking Tennessee legislators to change laws on the approval of land use and zoning changes within five miles of the Memphis city limits. The change would make the Shelby County Commission the only body needed for approval. Currently, such changes within the 5-mile limit also require approval of the Memphis City Council.

34. County Commission Asks for Federal Election Monitors -

Shelby County Commissioners voted Monday, Aug. 4, to ask U.S. Attorney Ed Stanton to monitor Thursday’s election in Shelby County.

The commission approved the resolution after attorney and former Shelby County Commissioner Julian Bolton said there have been “serious” irregularities already during the early voting period. And Bolton cited problems in past elections.

35. 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.

36. Graceland Area Could Have Its Own Industrial Development Board -

A proposed Graceland Tourism Development Zone would have its own industrial development board under a proposal the administration of Memphis Mayor A C Wharton Jr. will take Tuesday, Aug. 5, to the Memphis City Council for discussion.

37. County Commission Weighs End of Term Items -

At the next to last meeting of their four-year terms of office, Shelby County commissioners will be dealing with some items that have been on the wish lists of individual commissioners for years in some cases.

38. Graceland Industrial Development Board Proposed -

A proposed Graceland Tourism Development Zone would have its own Industrial Development Board under a proposal the administration of Memphis Mayor A C Wharton Jr. will take Tuesday, Aug. 5, to the Memphis City Council for discussion.

39. Memphis Chamber's Strickland Awarded Scholarship -

The American Chamber of Commerce recently awarded a scholarship to Ernest Strickland, director of economic development of the Greater Memphis Chamber.

40. 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.

41. Wharton Sticking to Budget Plan Without Tax Hike -

Memphis Mayor A C Wharton Jr. knows there’s a push coming for a city sales tax hike referendum to reverse health care insurance cuts approved by the Memphis City Council in June.

He knows that because he was at the meeting with municipal union leaders Tuesday, July 23, in which those hosting the meeting, the Memphis chapter of the Southern Christian Leadership Conference, said they back the union leaders’ call for the referendum. And they are expected to take that call to the council next month.

42. Grizzlies Promote Wexler to Business Operations President -

The Memphis Grizzlies have promoted Jason Wexler to president of business operations of the team and FedExForum.

The new position gives Wexler primary leadership responsibility for all aspects of the business, including ticket sales and service, arena operations, corporate partnerships, marketing communications and broadcast, community investment and general operations.

43. Regional One Health Expands Footprint -

In the last year, Regional One Health has added about 100 employees and its new name.

Of course, for about three decades it was known as The Regional Medical Center at Memphis – or simply The MED. That officially changed back on Feb. 26 when Regional One Health became the new name for the Shelby County Health Care Corp. and the “umbrella” name for the hospital.

44. Chamber Launches PILOT Education Campaign -

Memphis economic development officials wasted little time launching an information campaign about Memphis and Shelby County’s primary business incentive program.

On July 16, less than a month after the Memphis City Council adopted a budget that included deep cuts to employee and retiree benefits, the Greater Memphis Chamber posted a video exploring how the payment-in-lieu-of-taxes incentive program works and why it is needed.

45. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

46. 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.

47. 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.

48. More Than Delta -

MESSAGE FROM HOME. A while back – right after I wrote a column blasting Delta, the Airport Authority and Garage Gargantua – I was invited to tour the airport and learn a thing or two or 50 about where so much of what and where we are takes off and lands every day.

49. 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.

50. Primacy Parkway Office Building Sells for $7 Million -

6060 Primacy Parkway
Memphis, TN 38119
Sale Amount: $6.9 million

Sale Date: June 27, 2014
Buyer: LSREF2 Newton LLC
Seller: Hub Properties Trust
Details: The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

51. Memphis Immigration Reform Discussion Quiet But Complex -

As much of the national attention in the immigration reform debate was focused last week on Washington and protests in Southern California and Texas, a group of local leaders made the case for immigration reform in Memphis with much less attention.

52. Bragging Rights -

HOOVER, Ala. – Before he was done, Southeastern Conference commissioner Mike Slive would quote Muhammad Ali, Dwight D. Eisenhower, Winston Churchill and Nelson Mandela, stump for the league’s new television network, and remind the world that the “autonomy of the SEC and the other four conferences” is really all that matters.

53. Company Buys 30 Acres Of Land for $1.3 Million -

An affiliate of Lakeland-based real estate company WESSCORP Communities has paid $1.3 million for about 30 acres of vacant land in Northeast Memphis near Arlington.

The entity known as The Charleston HL Apartment Community LLC bought the two parcels – one totaling 29.6 acres and one totaling 0.1 acres – in a June 30 special warranty deed from First Alliance Bank.

54. Wright Taking UAM to New Heights -

When Keri Wright was a little girl, her dad built an airplane out of plywood and fitted it with controls and switches, and she and her brother would play in the plane next to their sandbox.

As she grew older, the family went to an airshow every summer in Oshkosh, Wis., and Wright loved watching the F-16 fighter jets zoom overhead.

55. Changing Landscape -

It’s been confusing from a distance.

The formal groundbreaking for Shelby Farms Park’s $70 million “Heart of the Park” improvements, including an expansion of Patriot Lake, came the same week last month the Memphis City Council voted to delay for one year the city’s portion of funding for the Shelby Farms Parkway.

56. After the Flood -

When the flood water and debris from Nonconnah Creek receded last week from the Wheel Estate Mobile Home Park on East Brooks Road, it exposed a set of familiar issues for such properties in Memphis.

57. Square Entertainment -

Everything about the redevelopment of Overton Square followed a script.

But weather, or bad weather for that matter, can wreak havoc on the best-laid plans.

After acquiring Overton Square and spearheading construction and leasing, landlord Loeb Properties wanted to activate the revived entertainment district with programming that would draw people to the revitalized district.

58. Addison at Collierville Owner Files $17 Million Loan -

400 Orchard Circle
Collierville, TN 38017
Loan Amount: $16.8 million

Loan Date: July 1, 2014
Maturity Date: July 1, 2021
Borrower: G&I VII Addison at Collierville LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

59. 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.

60. ‘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.

61. Linkous Construction Never Wavered in Face of Recession -

As the real estate crash and Great Recession battered the construction industry, the leadership at Linkous Construction Co. made a strategic decision to keep its team intact and maintain the level of service the general contracting and construction management firm had become known for.

62. A Wise Sports Fan Appreciates the Journey -

So what does Team USA’s soccer experience and the Memphis Grizzlies experience have in common?

You know, besides the obvious – playing against a bunch of floppers/whiners, be they from Portugal or Lob City?

63. Problem Solvers -

Rick Smith is director of property management for Finard Properties, the commercial real estate firm that owns and manages properties such as the landmark Poplar Plaza shopping center at Poplar Avenue and Highland Street.

64. Cypress Realty Files $7 Million Construction Loan -

Cypress Realty Holdings Co. has filed a $7 million construction loan for a medical office building on Wolf River Boulevard in Germantown.

65. Charlotte Firm Buys Mendenhall Warehouse -

4517 S. Mendenhall Road
Memphis, TN 38141
Sale Amount: $1.4 million

Sale Date: June 24, 2014
Buyer: TKC CLXXIX LLC
Seller: Tenn Thom Realty LLC
Loan Amount: $1.1 million
Loan Date: June 24, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

66. University of Memphis Plans New Recreation Center -

The University of Memphis Student Government Association has approved a fee increase to fund construction of a new student recreation and fitness center.

The 192,500-square-foot center will be along Southern Avenue north of the existing center. Construction will be done in three phases, with the center scheduled to open in 2018. The $62 million center will be funded by a student fee increase of $307 for the 2014-2015 school year.

67. Editorial: Park Should Be Place to Unify Community -

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

But given the recent travels of Shelby Farms Park through our local political machinery, further proof of the park’s worth is still needed.

68. Schadt Reflects on ArtsMemphis Time, Looks Ahead -

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

69. Grizzlies Hope Upheaval Leads to Draft Unity -

MEMPHIS (AP) – The Memphis Grizzlies hope the recent tumultuous turnover in their front office translates into a solid, unified draft Thursday night.

For now, the team only has to concentrate on one pick – the 22nd overall – and the opportunity to add selections.

70. New Nonprofit Charts Role in Blight Fight -

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

Meanwhile another bulldozer across the two-lane road was deep into demolishing a set of buildings in the old Winchester Park apartments.

71. University of Memphis Plans New Recreation Center -

The University of Memphis Student Government Association has approved a fee increase to fund construction of a new student recreation and fitness center.

The 192,500-square-foot center will be along Southern Avenue north of the existing center. Construction will be done in three phases, with the center scheduled to open in 2018. The $62 million center will be funded by a student fee increase of $307 for the 2014-2015 school year.

72. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

73. Heart of Park Advances as Shelby Farms Parkway Stalls -

Within the space of a few days this month, the Shelby Farms Park Conservancy formally broke ground on the park’s $70 million Heart of the Park project and then its leaders watched as the Memphis City Council delayed the Shelby Farms Parkway project for a year.

74. County Commission to Discuss Brooks’ Residency -

A challenge of Shelby County Commissioner Henri Brooks’ residency is serious enough that her fellow commissioners are prepared to discuss it at a special meeting next week.

The Shelby County Attorney’s office is investigating whether Brooks lives in the district she has represented for the last eight years.

75. Aren Investments Buys Winchester Haverty’s -

6870 Winchester Road
Memphis, TN 38115
Sale Amount: $1.1 million

Sale Date: June 2, 2014
Buyer: Aren Investments LLC
Seller: Kirsch Associates LP
Loan Amount: $850,000
Loan Date: June 2, 2014
Maturity Date: Nov. 15, 2015
Lender: BancorpSouth Bank
Details: Local real estate investment firm Aren Investments LLC has paid $1.1 million for the Haverty’s furniture store at 6870 Winchester Road in Hickory Hill.

76. EDGE Mulls Tax Break for Plastics Recycling Co. -

A company that recycles and manufactures post-industrial plastics is considering relocating from Arkansas to Memphis.

RE-CY, or RE-CY Plastics, is considering acquiring a facility on Winchester Road to recycle and manufacture plastics, which are then used for automotive parts, decking and IKEA furniture.

77. County Commission to Weigh New Disparity Study -

Shelby County Commissioners consider a start Monday, June 16, toward a new disparity study as a way to changing the county’s efforts in increasing minority business participation in government contracts.

78. Graceland Hotel Passes Crucial Hurdle -

A new hotel near Graceland has passed a key regulatory hurdle.

The Memphis-Shelby County Land Use Control Board approved a proposal from Elvis Presley Enterprises to build a 450-room hotel on the same side of Elvis Presley Boulevard as the historic Graceland mansion, one of the city’s top tourism sites.

79. Conduit Global Opens Call Center -

Civic and business leaders celebrated Conduit Global’s new call center Wednesday, June 11, with a ribbon-cutting ceremony.

The $8 million Conduit Global call center and back-office support operation at 7000 Goodlett Farms Parkway will eventually employ 1,000 people, making it one of the largest local job creation projects in recent history.

80. Bailey Continues Call for Shelby Farms Development -

Walter Bailey is the only serving Shelby County Commissioner who was part of the 1970s debate on the commission about what to do with the farmland that was the old Shelby County Penal Farm.

81. Commission Approves Budgets and Dueling Tax Rates Without PreK Amendment -

Shelby County Commissioners signed off Monday, June 2, on a $1.1 billion consolidated operating budget for all of Shelby County government as well as a $75 million capital budget, both for the fiscal year that begins July 1.

82. Have Courage to Leap -

As Innovation and Growth Strategy consultants, we have methods, processes and exercises that we apply to client problems.

While tools from this vast toolbox work for any type of organization seeking to provide a better service or product (health care, nonprofit, hospitality, consumer goods, financial services, wholesalers and B2B) to generate insights and custom solutions that set them up as a category leader, what we sell is something else ultimately. This is perhaps the rarest asset in corporate America for an unknown reason, called courage.

83. Shelby Farms Files $25 Million Permit for Lake Expansion -

500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million

Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

84. Medical Makeover -

After suffering from years of benign neglect, a new, more invigorated Memphis Medical Center is finally beginning to take shape.

A drive or walk around the area these days shows the hallmarks of a changing landscape – bulldozers, backhoes, cranes and construction crews working feverishly to forge the new urban environment.

85. Fieldstone Apartments Pays $1.8 Million for Land -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has paid $1.8 million for land near its Southeast Memphis property.

86. Out With the Old -

A small group of people gathered last week in the front room of a new Southwest Memphis housing development for senior citizens.

The scene marked the ending of one era in public housing and the start of another as the doors opened to the newest facility in the nearly 20-year makeover of public housing.

87. Ridge Lake Building Sold After Foreclosure -

756 Ridge Lake Blvd.
Memphis, TN 38120
Sale Amount: $2.9 million

Sale Date: May 8, 2014
Buyer: Life Insurance Co. of the Southwest
Seller: Brooks R. Smith, successor trustee
Details: The 38,472-square-foot Ridge Lake Office Building at 756 Ridge Lake Blvd. in East Memphis has sold back to the lender for $2.9 million following a foreclosure.

88. ‘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.

89. Memphis Startups Invited To Southland Conference -

Three Memphis-based startups have been invited to participate in the Southland conference in Nashville next month.

The trio that heads to Nashville for the conference June 9-11 includes AgSmarts, Influsense and Screwpulp. They were chosen by a panel of investors, entrepreneurs and tech writers from around the country and will have exhibition space in Southland Village.

90. Fairway Manor Development Opens -

City of Memphis and Memphis Land Bank officials formally opened Fairway Manor Thursday, May 15, in southwest Memphis.

91. Culture of Health -

Twenty-five years ago, Carol Harshman was an aerobics instructor working for a Springfield, Mo., health club.

As someone with a job that allowed her to live out a lifestyle of health and wellness at work, she was in the minority.

92. Fairway Manor Development Opens -

City of Memphis and Memphis Land Bank officials formally opened Fairway Manor Thursday, May 15, in southwest Memphis.

93. Land Grab -

It’s been implied, but an agreement on the general idea of building a Memphis Zoo parking garage was put in writing this week by the Overton Park Conservancy as protests over paid zoo parking on the park’s greensward are likely to continue.

94. Memphis Startups Invited to Southland Conference -

Three Memphis-based startups have been invited to participate in the Southland conference in Nashville next month.

The trio that heads to Nashville for the conference June 9-11 includes AgSmarts, Influsense and Screwpulp. They were chosen by a panel of investors, entrepreneurs and tech writers from around the country and will have exhibition space in Southland Village.

95. Lessons for Memphis Abound in Atlanta’s Beltline -

The Atlanta Beltline is an infrastructure framework around the urban core of Atlanta – a 22-mile loop of mostly abandoned railroads that is being transformed into a transit greenway.

It is a linear park with streetcars, bicycle paths and pedestrian trails that will connect more than 40 diverse neighborhoods, as well as city schools, historic sites and cultural locales.

96. Real Estate ‘Titans’ Share Industry Advice -

In the 1980s Dan Wilkinson and Robert Snowden were deeply involved in developing Memphis International Airport Center.

97. Tile Shop Inks Lease for First Area Store -

A specialty retailer of high-quality tile will open its first location in Memphis later this year.

The Tile Shop is in the final stages of negotiating a roughly 20,000-square-foot lease at 1245 Germantown Parkway, between Cordova Road and Autumn Creek Drive, in the Germantown Square Shopping Center in Cordova, according to company representative Lindsey Rose.

98. Across the River -

The Arkansas land between the bridges across the Mississippi River at Memphis doesn’t have a name, at least not yet.

If graffiti is any indication, lots of people go there. And they cross numerous boundaries on dirt and gravel roads and paths that can end abruptly and are posted with “no trespassing” signs and other warnings as well as railroad video cameras.

99. Raleigh Springs Mall Owners Question City’s Plans -

The owners of the Raleigh Springs Mall had been talking with Memphis Mayor A C Wharton Jr.’s administration until late last year about the city’s desire to see a revitalized mall possibly with city government offices.

100. Vote of Confidence -

After experiencing a strong fourth quarter in 2013, confidence in the Memphis office market remains high so far this year.

First quarter leases signed outnumbered tenant move outs and the Memphis market ended the quarter with 54,989 square feet of absorption, according to CB Richard Ellis Memphis.