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Editorial Results (free)

1. Highland Street Family Dollar Sells for $1.6 Million -

656 S. Highland St.
Memphis, TN 38111
Sale Amount: $1.6 million

Sale Date: Dec. 2, 2013
Buyer: Amicorp Enterprises Inc.
Seller: DCTN3 328 Highland Memphis TN LLC
Loan Amount: $600,000
Loan Date: Nov. 25, 2013
Maturity Date: N/A
Lender: The Bank of Hemet
Details: The Family Dollar retail store at 656 S. Highland St. near the University of Memphis has sold for $1.6 million.

2. Orleans at Walnut Grove Owner Files $23 Million Loan -

The owner of the 276-unit Orleans at Walnut Grove Apartments in Cordova has filed a $23 million loan for the property.

Orleans Apartment Community LLC filed the deed of trust, security agreement and fixture filing for the Class A complex Dec. 18 through Transamerica Pacific Insurance Co. Ltd. Charles W. Misenhelter signed the trust deed as member of Orleans Apartment Community.

3. Council Votes on Sales Tax Referendum -

Memphis City Council members take the first step toward a fall referendum on a citywide half percent sales tax hike Tuesday, Feb. 4, as they vote on the first of three readings of the referendum ordinance.

4. $6.5 Million Financing Provided for Orleans Apartments -

The commercial/multifamily division of Memphis-based community bank Financial Federal has arranged $6.5 million construction financing through U.S. Bank NA on the second phase of luxury The Orleans at Walnut Grove apartments.

5. $6.5 Million Financing Provided for Orleans at Walnut Grove -

The commercial/multifamily division of Memphis-based community bank Financial Federal has arranged $6.5 million construction financing through U.S. Bank NA on the second phase of luxury The Orleans at Walnut Grove apartments.

6. Main Connector -

The attention Downtown Memphis’ South Main Historic Arts District and its surrounding areas has received this year has far-reaching implications for future development.

Recent high-profile deals the community has seen get the green light include the Chisca Hotel redevelopment, Storefront Improvement Grant Program, branding efforts with North Star Destination Strategies, growth at The Orpheum Theatre Memphis and Memphis Central Station, a flurry of apartment and loft rehabs, and retail activity with a new athletic club and restaurants.

7. Lee House Development Could Propel District -

In the 19th century, Victorian Village was home to Memphis’ elite.

Nowadays, the 10-square-block area in Downtown Memphis has one of the highest concentrations of historic structures in the city, with 24 properties on the National Register of Historic Places within four blocks.

8. Miss. Judge Declares Damages Cap Unconstitutional -

JACKSON, Miss. (AP) – A state judge has declared a legislatively imposed cap on how much juries can award in non-economic damages unconstitutional.

Circuit Judge Charles Webster in Coahoma County issued the ruling April 20 in a 14-page opinion. He criticized the Legislature for intruding into judicial authority.

9. Germantown Station Closer to Construction -

750 N. Germantown Parkway
Cordova, TN 38018
Loan Amount: $2.6 million

10. $8M Permit Application Filed for Orleans at Walnut Grove -

Orleans Apartment Community LLC has filed an $8 million building permit application with the city-county Department of Construction Code Enforcement for construction in phase one of Orleans at Walnut Grove, an apartment community off Walnut Grove Road in Gray’s Creek Reserve in Eads.

11. Bioworks Foundation to Build Specialized Lab on S. Dudley -

45 S. Dudley St.
Memphis, TN 38103
Permit Amount: $15.2 million

Project Cost: $15.2 million

12. Orleans Apt. Community Files $11.9M Construction Loan -

Bartlett-based Orleans Apartment Community LLC has filed an $11.9 million construction loan through U.S. Bank N.A. for 18.5 acres on the north side of Walnut Grove Road between Rocky Point Road to the west and North Houston Levee Road to the east.

13. French Village Apartment Complex Sells for $2.8M -

Arlington-based Grahamwood Place Apartment Community LLC has bought the 244-unit French Village Apartments at 4055 Summer Ave. from French Village Apartments LP for $2.8 million.

14. Civil Rights Museum Files Permit for Phase One Redesign -

450 Mulberry St.
Memphis, TN 38103
Permit Amount: $1 million

Permit Date: Applied January 2011
Owner: State of Tennessee
Tenant: National Civil Rights Museum Foundation
Architect: Self Tucker Architects Inc.

15. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

16. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

17. There Goes the Neighborhood: New hope emerges in one of Memphis’ roughest areas -

Hope and despair have co-existed for a long time along the stretch of Poplar Avenue between Danny Thomas Boulevard and Decatur Street. And for the past two years, the area has seen more change than just about any other inner-city avenue in Memphis.

18. One Big Chat Room -

"We've got a lot of work to do."

Those were the words of New Orleans Mayor Ray Nagin to a crowd of about 40 people when he visited Memphis earlier this year. The venue, Mississippi Boulevard Christian Church, was a forum for New Orleanians windswept by Hurricane Katrina to Memphis.

19. Archived Article: Law Focus - Public/private partnership drives Memphis prosperity Public/private partnership drives Memphis prosperity By MARY DANDO In the heated discussions of the pros and cons of spending millions of dollars to bring an NBA team to Memphis, its easy to forge...

20. Archived Article: Focus (landmarks) - Memphis near the top in National Register listings Memphis near the top in National Register listings By Erin Hanafin Berg Special to The Daily News New Orleans, Baltimore, Philadelphia, New York and Washington, D.C. What does Memphis have in common...