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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. 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.

5. 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.

6. 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.

7. Dayco Picks Memphis Distribution Center Locale -

A Michigan-based belts and hose manufacturer has settled on a location for its North American distribution center.

Dayco Products LLC has selected Centerpoint III at 3530 E. Raines Road.

8. 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.

9. Building Green in a Red-Hot Market -

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

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

10. 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.

11. 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.

12. 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.

13. 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.

14. 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.

15. Global Pharma Distributor to Open in Olive Branch -

A global pharmaceutical sourcing and distribution company is opening a $48 million distribution center in Olive Branch.

AmerisourceBergen will locate the new facility, which will produce 129 new jobs, at IDI Gazeley’s Crossroads Distribution Center in the DeSoto County town.

16. 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.

17. Ramsey Uses ‘System’ to Reshape State’s Political Landscape -

Senate Speaker and Lieutenant Gov. Ron Ramsey laughs at the notion he’s changed since being elected to the Legislature 23 years ago, that he’s lost touch with the common man or become “arrogant” as lieutenant governor of Tennessee.

18. 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.

19. 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.

20. 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.

21. 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.

22. 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.

23. 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.

24. 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.

25. 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.

26. 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.

27. 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.

28. Universal Life Building Developers Secure Loan -

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

29. Universal Life Building Developers Secure Loan -

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

30. 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.

31. 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.

32. 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.

33. 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.

34. 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.

35. 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.

36. 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.

37. 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.

38. 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.

39. Elvis' Planes Could Take Flight in New Museum -

Two jets once belonging to Elvis Presley that have been displayed at Graceland for years could be destined for a museum, if the group that owns the planes has its way.

OKC Partnership, which owns the Lisa Marie and Hound Dog II jets, has applied to the Office of Planning and Development for a planned development to allow a museum featuring Elvis Presley’s airplanes at 3850 Elvis Presley Blvd. The museum would be located on a vacant lot that was formerly home to Covenant Presbyterian Church.

40. 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.

41. 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.

42. 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.

43. 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.

44. 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.

45. 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.

46. 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.

47. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

48. $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.

49. 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.

50. $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.

51. 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.

52. 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.

53. 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.

54. 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.

55. 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.

56. 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.

57. Hitting the Accelerator -

Five years after the Great Recession rocked the nation and nearly destroyed auto manufacturing in Tennessee, the Midstate’s industry is booming again.

Nissan’s growth is no small part of that, largely because of the company’s confidence in the state of Tennessee and Gov. Bill Haslam, according to José Muñoz, executive vice president of Nissan Motor Co. and chairman of Nissan North America, which is headquartered in Franklin.

58. 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.

59. 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.

60. 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.

61. 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.

62. 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.

63. 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.

64. Knoxville Area a Magnet for Retirees -

Retired air traffic controller Sterling King moved to Knoxville when his brother needed him. Five years later, he has fallen in love with the area and everything it has to offer.

Moderate weather, without the bone-chilling Northern winters or the searing heat of Florida summers, is a big draw, along with its location in the foothills of the Great Smoky Mountains, says King, 58, who migrated from Dayton, Ohio, to Raleigh, North Carolina, and then to Knoxville.

65. Elvis Presley Enterprises Applies for Hotel Building Permit -

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

66. 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.

67. 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.

68. 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.

69. 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.

70. Germantown Mayor-Elect Discusses Revenue, Schools -

The incoming mayor of Germantown wants to grow the city’s sales tax base to make its government a bit less reliant on property tax revenue.

Property taxes fund about 60 percent of Germantown city services, said mayor-elect Mike Palazzolo, who takes office Dec. 16. Sales tax revenue funds another 16 percent, with the rest coming from fees and state and federal funding.

71. Green Hills in Full Boom Despite Traffic Woes -

Stephen Graw first moved to Green Hills in 2004 right after college, renting a house with a bunch of buddies from school. Like his neighborhood, he’s done a lot of growing in the last decade and is now a senior advisor at Sperry Van Ness Nashville and on the Chamber West Leadership Council.

72. 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.

73. 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.

74. 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.

75. 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.

76. 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.

77. 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.

78. 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.

79. 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.

80. 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.

81. Roland Challenges Brooks’ Votes -

Shelby County Commissioner Terry Roland began taking steps last week to make a formal challenge of commission matters that have included votes by Commissioner Henri Brooks.

82. Nashville Mayor Maps Issues Similar to Memphis -

The Nashville mayor who was once Davidson County's public defender says schools in his city aren’t meeting his test for success in public education.

He is concerned with attracting talent to the city and touts diversity as a key component of that. And his city has a critical need for a “more robust” mass transit system, he said last week.

83. Events -

Methodist South Hospital will host a stroke support group meeting for survivors and caregivers Monday, June 9, at 5:30 p.m. in the outpatient rehabilitation center, 1251 Wesley Drive, suite 141. Dr. Hafiz Elahi will present “Stroke From the Neurologist’s Perspective.” Email patricia.morgan@mlh.org or rushali.naik@mlh.org.

84. Commission to Vote on Budget, Tax Rate -

Shelby County Commissioners take final votes Monday, June 2, on a $1.1 billion operating budget and a $75 million capital budget for Shelby County government, and the first of three votes on a new property tax rate for the fiscal year that begins July 1.

85. Events -

SRVS will host the Wesberry Golf Classic Monday, April 7, at Spring Creek Ranch, 140 Chinquapin Drive. The four-person scramble includes lunch, contests, awards and more. Registration is at 11 a.m., lunch at noon, and shotgun start at 1 p.m. Visit srvs.org or call 312-6853.

86. Council Unhappy With Budget Plans So Far -

The administration of Memphis Mayor A C Wharton Jr. got a rough reception at the Tuesday, April 1, Memphis City Council session as it set the stage for Wharton’s budget proposal to come in two weeks.

87. Georgian Woods Apartments Sell for $3.9 Million -

118 St. Agnes Drive
Memphis, TN 38112

Sale Amount: $3.9 million

Sale Date: March 14, 2014

Buyer: Georgian Woods Property Owner LLC

88. Greenbrier Files Loan on Cabinet Shop Lofts -

The owner of the recently completed Cabinet Shop lofts at 436 S. Front St. has filed a $2.9 million loan on the property.

89. Council Tours Pyramid, Weighs City Offices In Two Malls -

Memphis City Council members heard Tuesday, Feb. 18, that the administration of Memphis Mayor A C Wharton Jr. wants to move some city government offices into the Soulsville Town Center in South Memphis and is weighing whether to renovate or tear down and build anew on the site of the Southbrook Mall in Whitehaven.

90. 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.

91. Finding ‘Delicate Balance’ -

Memphis Mayor A C Wharton Jr. leaned heavily on reality and the practical in a State of the City address Wednesday, Jan. 29, at the University of Memphis Cecil C. Humphreys School of Law.

“We have the responsibility of balancing the expectations of our citizens versus the bottom line of our budget,” Wharton told an audience of several hundred, including city division directors and those in agencies working with the city. “We must strike the delicate balance of our affairs that is based in realism and pragmatism. This is important because ultimately the numbers that define our budget are real. The decisions that have the most positive impact are practical, and the work we have to do cannot wait.”

92. Germantown Board OKs Whole Foods Zoning -

Two major retail projects in Germantown have received a green light to move forward.

The Germantown Board of Mayor and Aldermen on Monday, Jan. 27, approved several zoning exemptions for a proposed Whole Foods store – important votes that moved the project closer to completion – as well as a redevelopment plan for the Shops at Saddle Creek.

93. Wharton Faces Challenges in State of the City -

Memphis Mayor A C Wharton Jr. may face the most challenging year of his tenure as he delivers his State of the City address Wednesday, Jan. 29.

The speech will be delivered at 10 a.m. at the University of Memphis Cecil C. Humphreys School of Law.

94. Commission Approves Other Part of Ballpark Deal -

Shelby County Commissioners reluctantly approved county government’s part of the AutoZone Park deal Monday, Jan. 27, despite delaying a vote on it at committee sessions last week.

The item was added onto the commission’s agenda by chairman James Harvey who said he could because it was “time sensitive.”

95. Fairgrounds TDZ Should be Rejected -

The proposed Fairgrounds Tourism Development Zone (TDZ) needs to be rejected. While most of the recent debate has been confined to the impact on education funding, there are several more serious issues with the TDZ.

96. 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.

97. Events -

The Tennessee Arts Commission will hold a strategic planning public meeting and panel discussion Monday, Jan. 13, from 1 p.m. to 3 p.m. at the Stax Museum for American Soul Music, 926 E. McLemore Ave. The panel will discuss how the arts can impact economic development and educational success in Tennessee communities. Visit tn.com/arts for more information.

98. FedEx Income Rises But Misses Estimates -

Memphis-based FedEx Corp. posted net income of $500 million, or $1.57 per share, in its fiscal second quarter, which ended Nov. 30.

99. 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.

100. Bad Blood -

December was already going to be a busy month at City Hall for the administration of Memphis Mayor A C Wharton Jr.

He would be bringing a plan to provide $15 million in city financing for the $180 million Crosstown revitalization project and rolling out its fix to address the Tennessee Comptroller’s vocal concerns about the city’s unfunded pension liability.