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Editorial Results (free)

1. Tin Roof Lease Makes Full House on Beale -

The three-block Beale Street Entertainment District is fully leased with the addition of three leases this spring on the block between Hernando and Fourth streets.

The most recent lease, announced Thursday, June 19, was a long-term lease for Tin Roof bar and restaurant at 315 Beale St., the space the Hard Rock Cafe will leave in July to move west to the Lansky Building at 126 Beale, just outside the formal borders of the district.

2. 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.

3. MalmoMemphis Completes Three Law Firm Leases -

Three Memphis law firms represented by MalmoMemphis Real Estate Inc. have renewed their office leases or leased new spaces.

4. New Life -

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

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

5. New Life -

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

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

6. Builders Showcase -

The Vesta Home Show kicked off over the weekend, with large crowds turning out to explore six new homes in a gated Germantown community.

Don Glays, executive director of the West Tennessee Home Builders Association, said attendance during the opening weekend of the show was strong.

7. VESTA Home Show Begins Saturday -

This West Tennessee Home Builders Association is launching the VESTA Home Show Saturday, Nov. 9.

This year’s home show, which runs through Dec. 1, features six homes, built by Bryce Homes, Ruch Builders, The Dave Moore Cos., D&D Custom Homes, David Clark Construction LLC and Darin K. Halford.

8. VESTA Home Show Begins Saturday -

This West Tennessee Home Builders Association is launching the VESTA Home Show Saturday, Nov. 9.

This year’s home show, which runs through Dec. 1, features six homes, built by Bryce Homes, Ruch Builders, The Dave Moore Cos., D&D Custom Homes, David Clark Construction LLC and Darin K. Halford.

9. GOP Dreads Prospect of New UAW Foothold in South -

CHATTANOOGA, Tenn. (AP) – The prospect of the United Auto Workers gaining a new foothold at Volkswagen's plant in Tennessee worries some Southern Republicans, who say laws banning mandatory union membership have helped lure foreign automakers.

10. Sticking to Niche -

Chris Clark got into the contracting and construction business in 1975, learning the trades as he worked on them. Ryan Anderson graduated from Auburn University in 2007 with a building science degree.

11. Kruger Unveils $300 Million Expansion -

The North Memphis plant that began by manufacturing automobile parts and eventually produced the bodies and wings for B-25 bombers, celebrated a milestone Wednesday, May 22, with the $300 million expansion of the Kruger Inc. facility near Mud Island in Downtown.

12. Green Line Marketing Doubles Office -

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

13. Home Builders Association Presents Lifetime Awards -

Memphis Area Home Builders Association presented lifetime achievement awards to Jim Reid, Dudley Schaefer Sr., Monroe Pointer and Tommy Cox at the trade organization’s annual holiday gala earlier this month.

14. Home Builders Association Presents Achievement Awards -

Memphis Area Home Builders Association presented lifetime achievement awards to Jim Reid, Dudley Schaefer Sr., Monroe Pointer and Tommy Cox at the trade organization’s annual holiday gala earlier this month.

15. I-Bank Tower on Poplar Sells for $14.4 Million -

5050 Poplar Ave. Memphis, TN 38117

Sale Amount: $14.4 million

Sale Date: Sept. 14, 2012

16. I-Bank Tower Sells For $14.4 Million -

The I-Bank Tower at 5050 Poplar Ave. in East Memphis has traded hands for $14.4 million, although the sale appears to be an internal transfer as the result of a corporate acquisition.

17. Fieldstone Apartments Files $9 Million Loan -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has filed a nearly $9 million loan through SunTrust Banks Inc. for land that will become a new apartment phase.

18. First Tennessee Unit to Move Downtown -

First Tennessee Bank is preparing its Downtown Memphis headquarters for occupancy of one of its units.

19. McDonald’s Buys Lamar Retail Center for $850,000 -

2342 Lamar Ave.
Memphis, TN 38114

Sale Amount: $850,000

Sale Date: Aug. 17, 2012

20. Fieldstone Apts. Buys Land for Third Phase -

Fieldstone Apartments III Co. has paid $1 million for almost 17 acres of vacant land on Tournament Drive in Southeast Memphis for a new apartment phase.

21. As US Economy Steadies, Bank Closings Become Rarer -

WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.

22. FDIC Signs Lease In Lakecrest -

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

23. New York Co. Buys Into Four Lenox Park Bldgs. -

3150 Lenox Park Blvd., 6750 Lenox Center Drive, 6745 Lenox Center Court and 6775 Lenox Center Court Memphis, TN 38115

24. AIA Honors Industry’s Local Activity -

Despite hard times, there has been a whirlwind of activity in Memphis’ design community over the past year.

That’s the message Josh Flowers, general counsel at Hnedak Bobo Group Inc. and president of the Memphis Chapter of the American Institute of Architects, gave Saturday, March 31, at the annual Celebration of Architecture Gala and 2012 Design Awards at Circuit Playhouse, 66 S. Cooper St.

25. Memphis Advantage -

As the industrial market approaches the end of the first quarter, a handful of deals have local brokers encouraged that the city’s bread-and-butter sector is poised for recovery.

Recent notable industrial leasing transactions – all of which occurred in Class A bulk warehouses – include Trane U.S. Inc.’s 625,000-square-foot lease in Chickasaw Distribution Center; Kimberly Clark Corp.’s 556,000-square-foot lease in Airways Distribution Center; and Impact Innovations’ 275,000-square-foot space at Southridge Corporate Park.

26. Council Takes on Property Tax Hike -

Memphis Mayor A C Wharton Jr. is expected to have some budget cuts when the Memphis City Council meets in committee Tuesday, March 20, to talk about a one-time only property tax increase.

The 9 a.m. committee session at City Hall, 125 N. Main St., is to discuss whatever cuts Wharton may put on the table and the amount of the tax hike.

27. The Right Place -

When people think of Memphis, they might picture an aerial shot of Downtown – skyscrapers, The Pyramid and all.

But Andy Cates’ view of Memphis is different. He sees the city’s “dirty, industrial real estate.”

28. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

29. City Files $12M Permit Application For Mitsubishi Plant Infrastructure -

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $12.1 million

Permit Date: Applied January 2012

30. Kimberly-Clark Signs Southaven Lease -

Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.

31. Kimberly-Clark Signs Southaven Lease -

Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.

32. Moore Takes Reins of Home Builders Association -

As a homebuilder, philanthropist and body builder, Jimmy Moore is a well-rounded individual.

And as the newly installed president of the Memphis Area Home Builders Association, he is poised to lead the trade organization by example and with empathy for its members.

33. Green Shoots -

As the local commercial real estate market approaches the end of 2011, experts say it appears to be in line with national fundamentals for secondary and tertiary markets.

Shelby County commercial sales in the third quarter were the highest sales volume since Q3 2007, with $259 million, according to real estate information company Chandler Reports, www.chandlerreports.com.

34. Takeovers, Anticipated European Deal Lift Stocks -

NEW YORK (AP) — Stocks gained steadily Monday on a round of corporate takeovers and reports that Europe's bailout fund will be larger than anticipated. The Dow Jones industrial average was up nearly 130 points in the late afternoon. The Nasdaq composite index turned positive for the year.

35. Hoteliers Seek New Identities, Better Branding -

Several Mid-South hotels are in the midst of rebranding, and more are anticipated through next year.

The hotel rebranding trend has taken off since 2010 and includes reflagging to completely new brands as well as conversions to new identities within the same brand.

36. State OKs Permit for Aluminum Recycling Landfill -

MOUNT PLEASANT, Tenn. (AP) – State environmental regulators have approved a proposed aluminum recycling waste landfill that some residents oppose as unsafe.

The landfill would store salt cake, a recycling byproduct that emits toxic ammonia gas when it comes into contact with water. It would serve two Mount Pleasant aluminum recyclers, Tennessee Aluminum Processors Inc. and Smelter Services Corp.

37. Haslam Summer Tour Taps Voter Interests, Concerns -

TULLAHOMA, Tenn. (AP) – Bill Haslam has ramped up his travel schedule now that the legislative session is over, attending ribbon-cutting events, delivering grant checks and discussing education policy over pizza.

38. MC Ionic Solutions US Begins Work on Fite Rd. Site -

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

39. Butler Snow Firm, Attorneys Gain Honors -

Butler, Snow, O’Mara, Stevens & Cannada PLLC over the last few months has racked up a slew of honors and distinctions.

40. Builder Struggles Continue Into Spring -

As permits decline and construction costs rise, local builders urge prospective buyers to act now before the price of new homes continues to climb.

Shelby County builders filed 46 new home permits in April, a 58 percent decrease from 111 permits in April 2010, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

41. Clark/Dixon Duo Makes Name Through Design, Dedication -

Dianne Dixon and Larry Clark are the yin and yang of Memphis architecture, able to feed off each other’s creative specialties. The duo established their full-service architectural firm, Clark/Dixon Architects, in 1987, and over the years, the company has received recognition on the local and national level.

42. Dixon Hughes Goodman Eyes Local Growth -

Certified Public Accounting firm Dixon Hughes Goodman LLP will step up efforts to expand its forensic, litigation support and valuation practice in the Memphis market following its April 1 formation.

43. Indy, Pitt Execs Share Aerotropolis Hurdles -

Among the airport executives speaking at this week’s Airport Cities World Conference & Exhibition were the CEO of the airport with North America’s newest terminal and the CEO of an airport that built a $1 billion terminal for a passenger airline hub and then lost it.

44. City, Community at Heart of Montgomery Martin’s Work -

Construction, says Montgomery Martin, is hard. And he should know, having been in the business since 1978.

“You’re creating something out of nothing, you’re taking a raw piece of dirt, grading it off and digging holes and pouring concrete and creating an edifice for an environment to work in and live in,” Martin said. “That’s all very appealing and neat, and a necessary thing to do for society and for culture and for people to live and operate in.”

45. Spec Building on Decline as Presale Market Gains Popularity -

There was a time in the not too distant past that expansive speculative home neighborhoods were going up left and right in Shelby County.

Residential developments with a handful of floor plans were being constructed to take advantage of a large pool of potential homebuyers.

46. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

47. Clark Shapes Mission for Habitat For Humanity -

Micheal Clark is the family services director at Habitat for Humanity of Greater Memphis, a role he has held since 2004.

48. Dotzour Outlines CRE Future at MAAR Summit -

For this year’s version of the commercial real estate industry to differ from 2010, the economy needs one thing – jobs.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told a room full of local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

49. Summit to Provide Insights for CRE Market -

Commercial real estate professionals will soon have the opportunity to gain insight on local and national issues that have an effect on Memphis business.

The eighth annual Commercial Property Forecast Summit, presented by the Memphis Area Association of Realtors Commercial Council, will provide reviews and forecasts of four local commercial real estate sectors.

50. Clark Carries on Family Tradition -

David Clark comes from a long line of construction industry professionals.

His grandfather, John C. Clark Jr., started building homes back in 1942, and his cousin, Ben Clark, has been involved in the subdivision business for more than 20 years.

51. Building Blocks -

Shelby County builders filed 681 new home permits last year, a 13.8 percent increase from 587 permits in 2009 according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

52. Remodel Focus -

As new home starts have sunk to record lows across the Mid-South during the past few years, some local custom homebuilders have shifted focus toward remodeling and renovations projects to increase revenues.

53. Memphis Farmers Market Plans $400K Expansion -

Farmers usually wait until spring to start digging, but on Saturday the Memphis Farmers Market broke ground on an expansion that will mean more local produce in the coming year.

Organizers of the market said that a new canopy structure added to the Central Station property will add badly needed shelter and a sense of permanence.

54. Dixon Hughes Develops Hospitality Practice -

Accounting firm Dixon Hughes PLLC, one of the top-ranked CPA firms in the nation, is adding to its existing list of industry specialties with the creation of a new hospitality and resort niche practice group.

55. Clark Bros. Stymied By Housing Woes -

Partners with a renowned Memphis-based real estate development firm are experiencing the foreclosure crisis first-hand.

Brothers Benjamin G. Clark and Nicholas G. Clark are the subjects of five pending foreclosure lawsuits with Tupelo, Miss.-based BancorpSouth Bank, according to suits filed in Shelby County Chancery Court. BancorpSouth’s appraisals for the properties in question are valued at approximately $20.5 million, with loan balances of $17.5 million.

56. Irish Pub Fills Long-Vacant Midtown Corner -

Dublin House, a new Irish pub, is setting up shop on Madison Avenue just west of Overton Square.

Jody Clark, who has 30 years of experience in the restaurant and bar business, is the owner. She hopes to have Dublin House open by mid-November to early December at 2021 Madison Ave., the location formerly occupied by Melos Taverna.

57. Oliphant Ready to Expand Dixon Hughes -

The folks who run the Memphis office of accounting firm Dixon Hughes PLLC aren’t crossing their fingers and waiting around on new clients to walk through the door.

58. Reed Files Loan For $800K Enclave Home -

Bob Reed Builder LLC has bought a lot in the second phase of the Enclave Planned Development in Germantown and filed an $800,000 construction loan to build a home there.

59. Mercer Grows Staff After Relocation -

The bread and butter of Mercer Capital, a nearly 30-year-old firm headquartered in Clark Tower, is business valuation.

And lately, the company has been making the same kinds of moves – growth and investment in the future – that tend to stand out when analyzing a client’s operation.

60. Questions Abound for Commercial Real Estate’s Future -

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

61. Time to Improvise -

The past couple of years have been brutal for homebuilders as demand for new houses plummeted and companies did what they could to cope.

2009 was especially bad for Shelby County builders, who filed just 529 new home permits all year, a 43.7 percent decline from 940 permits in 2008 and a staggering 80 percent decline from 2,643 permits in 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

62. Builder Optimistic About C’ville Subdivision -

Starting homes in the middle of January – and in the middle of a housing slowdown – might not seem like the wisest approach, but John Worley said the stars are aligned right as he begins the second phase of the Woodgrove Subdivision in Collierville.

63. Byrnes to Take MAHBA Reins -

Tommy Byrnes of Byrnes Ostner Investments Inc. will serve as 2010 president of the Memphis Area Home Builders Association, the group’s executive director, Don Glays, said this week.

64. In-Rel Buys Former Comcast Building, Renames it “Quince Centre” -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $5 million
Sale Date: Dec. 7, 2009

Buyer: 6555 Quince Building Owner LLC
Seller: BACM 2000-2 Quince Road LLC
Loan Amount: $3.1 million
Loan Date: Dec 7, 2009
Maturity Date: N/A
Lender: Insbank

65. $1.5M Construction Loan Filed for Enclave PD -

Duntreath Investments LLC has filed a $1.5 million construction loan through Magna Bank to build homes on four lots of the Enclave Planned Development’s third phase in Germantown. The 15.95-acre, 50-lot phase is north of Wolf River Boulevard in Germantown, between Farmington Boulevard and Forest Hill-Irene Road.

66. Pera Appointed Special Adviser For ABA Strategic Communications Committee -

Lucian Pera of Adams and Reese LLP has been appointed as a special adviser of the American Bar Association’s Standing Committee on Strategic Communications for a one-year term.

67. Field of 28 For Mayor Meets Filing Deadline With Enough Signatures -  

A field of 28 candidates had filed petitions with enough valid signatures to run in the Oct. 15 special election for Memphis mayor by today’s noon deadline.

Shelby County Election Commission administrator Richard Holden told The Daily News several contenders had their petitions rejected once election commission staff checked the signatures.

Each person signing must be a registered voter in the city of Memphis and list the address that is on their voter registration record.

A total of 33 petitions were filed by the noon deadline. But several candidates were disqualified for not having enough signatures. And then three were returned to the list of candidates after a second check of their petitions. Those who returned to candidate status included Memphis school board member Sharon Webb.

Those who made today's cut have until noon Sept. 10 to withdraw from the race. The field will then become final.

The candidates include: 

  • Leo Awghowhat
  • Kenneth Baroff
  • Joe Brown, Memphis City Council member
  • Randy L. Cagle
  • Charles Carpenter, attorney
  • Carol Chumney, former City Council member
  • Dewey Clark, former aide to and witness against jailed Atlanta Mayor Bill Campbell
  • James M. Clingan
  • Menelik Fombi, a candidate for Memphis City Schools Board in past elections
  • Wanda Halbert, chairwoman, City Council budget committee
  • Johnny Hatcher
  • Robert “Prince Mongo” Hodges  
  • Constance Houston
  • Dewayne Jones
  • E.C. Jones, former City Council member
  • Jerry Lawler, entertainer and former professional wrestler
  • Myron Lowery, Memphis mayor pro tem
  • Ernie Lunati
  • Harrel C. Moore  
  • Mary T. Shelby-Wright, perennial candidate for numerous offices
  • Detric W. Stigall
  • Silky Sullivan, restaurant owner and entrepreneur
  • David Vinciarelli
  • Vuong Vaughn Vo
  • Sharon Webb, Memphis school board member
  • Kenneth T. Whalum Jr., pastor of New Olivet Baptist Church and Memphis school board member
  • A C Wharton Jr., Shelby County mayor
  • John Willingham, former Shelby County commissioner

Sullivan showed up at the Election Commission in a white Rolls Royce wearing a white suit.

“When you see this white suit, you know I’m coming at you,” he told reporters as he outlined a plan to turn The Pyramid over to St. Jude Children’s Research Hospital instead of the proposed lease to Bass Pro Shops.

“It’s going to be a dogfight,” Sullivan said of the mayor’s race.

When someone asked if he would still be in the race after next week’s withdrawal deadline, Sullivan said he was in “to the violent end.”

“You know you can’t win,” political blogger and radio talk show host Thaddeus Matthews said to Sullivan.

“Why not?” Sullivan replied.

Anthony Willoughby, the last candidate to file before noon, told reporters he was a Realtor-broker who played a role in the development of Banneker Estates in southwest Memphis, the subdivision developed by former Mayor Willie Herenton.

“I’m not a politician,” Willoughby said. “I’m going to run on that statement.”

Willoughby didn't have enough qualified signatures, though. So he won't be running.

Daniko Flowers, a construction worker still wearing his safety vest, showed up at five minutes before noon and checked out a petition. He returned at three minutes past noon and was not allowed to file. Flowers only had 18 signatures on the petition anyway.

...

68. Mixed-Use Development Slated For Southeast Shelby County -

50 acres at Forest Hill-Irene Road and Tenn. 385
Memphis, TN 38125
Sale Amount: $4 Million

Sale Date: June 26, 2009
Buyer: Edward Rose Development Co. LLC
Seller: Turley LP

69. College Lite: Post-high school training programs – how do they rate? -

Jess Parrish used to say that when he started Shelby State Community College in 1970, he ran it out of the trunk of his car. His comment reflected the hard work it took to start a two-year college. Parrish also was acknowledging some of the perceptions about community colleges that exist to this day – eight years after SSCC merged with State Technical Institute to become Southwest Tennessee Community College, the largest community college in the state.

70. Next Stop: Norfolk Southern’s intermodal plans take shape -

The freight trains that rumble through Memphis are hard to ignore, especially the ones that parallel or bisect main thoroughfares and disrupt traffic. But even people who don’t cross railroad tracks during their commutes are likely to hear the distant blare of horns at some point during the day as locomotives make their way into and out of the city.

71. States Cut Spending, Put Projects on Hold -

With the economy in a slide and the credit markets seized up, states are slashing budgets, eliminating jobs, putting major construction projects on hold and nervously waiting to see whether their shriveled pension funds recover.

72. U of M Appoints Meredith Director of Admissions -

Dr. Todd Preston has joined the University of Tennessee Health Science Center’s Department of Otolaryngology as a specialist in head and neck cancer and reconstructive surgery. He also has been named assistant professor at UTHSC. Preston comes from the University of Iowa, where he completed his residency in head and neck surgery and was a clinical instructor.

73. Florida Investor Buys SE Memphis Retail Center -

6990 Shelby Drive
Memphis, TN 38125
Sale Amount: Quitclaim

Sale Date: Aug. 1, 2008
Buyer: Gator Shelby Partners Ltd.
Seller: Shelby Square LLC
Loan Amount: $4.3 million
Loan Date: Aug. 1, 2008
Maturity Date: N/A
Lender: Bank of America NA
Details: Miami-based real estate investment firm Gator Investments, operating locally as Gator Shelby Partners Ltd., has entered the Memphis market with the acquisition of the Shelby Square retail strip center on the northeast corner of Riverdale Road and Shelby Drive.

74. Engineering Firm to Move To Thousand Oaks -

CB Richard Ellis (CBRE) has filed a $1.2 million permit application with the city-county Department of Construction Code Enforcement to make alterations to office space at Thousand Oaks Business Center near Interstate 240 and South Perkins Road.

75. Suburbs Power Tax Growth While City Idles -

The modest overall growth in Shelby County's tax base eked out over the past year was due by and large to strong real estate markets in the suburbs of Arlington, Collierville and Lakeland.

Certified property assessment figures released last week show that, over the past year, at least 300 new residential parcels of land came onto the tax rolls in all three cities. In each case, that residential growth brought between $20 million and $30 million in new taxable value.

76. Metropolitan Bank Enters Memphis Market -

The founders of Metropolitan BancGroup Inc. have added another piece of the puzzle to their burgeoning financial institution.

Last week the bank announced it had entered into a definitive agreement to purchase a Tennessee state bank charter, putting the company one step closer to being the newest player in Memphis' ever-changing financial services landscape.

77. Competitive Edge at Heart of Mayor's Convention Center Proposal -

Memphis Mayor Willie Herenton likens it to an "arms race" among cities like Memphis, Nashville and Kansas City, Mo. The weapons are new or expanded convention centers costing hundreds of millions of dollars - with or without the thousands of hotel and motel rooms to be built to hold all of the visitors who might attend gatherings in such a center.

78. Builders Hand OutAwards at Gala -      The Memphis Area Home Builders Association (MAHBA) closed the year - and began looking toward 2008 - late last week at its inaugural gala and awards ceremony, held in the ballroom of the association's Cordova headquarter

79. Collins to ServeAs 2008 MAHBA President -      Doug Collins of Sovereign Homes LLC and Prudential Collins-Maury Realtors will serve as president of the Memphis Area Home Builders Association for 2008.
     He has been a member of the asso

80. Barrett Opens Design and Marketing Firm -

Stefanie Barrett has opened Barrett Creative, a full-service graphic design and marketing firm. Barrett has more than 15 years of experience. She is a member of the National Association of Women Business Owners (NAWBO), the Memphis Chamber of Commerce and Women on the Move, and serves as the marketing sponsor for the Commission on Missing and Exploited Children (COMEC) and the Small Business Chamber.

81. Clark & Clark Partner To Sell Forestbrook Lots -      Ben Clark, partner in Clark & Clark real estate development firm, has bought property in Germantown's Forestbrook Subdivision. Clark's Kateland Inc. entity, of which he is president, bought seven lots in Forestbrook last

82. New Slate of Public Officials Faces Unpopular Choice -

Late last year, Memphis mayor Willie Herenton floated the idea of a property tax increase to pay for putting 500 new police officers on the city's streets.

This year, the mayor's budget approved by the Memphis City Council included money to hire more than 100 new cops. Property owners in the city also got a breather. City finance officials said higher-than-expected revenue collections made a tax increase this year unnecessary.

83. Despite Flat County Tax Growth, Suburbs See Increases -

At roughly 1 percent, the growth in Shelby County's tax base over the past year was so minimal it was almost flat, according to certified property assessment figures released last week.

City officials in a few of the county's outer-edge suburbs, though, might look at those same numbers and find reason to smile. Municipalities such as Arlington and Millington saw double-digit percentage increases in their property assessments over last year.

84. Straighter Houston Levee Could Relieve Traffic, Spur Development -

Signs everywhere alert drivers to the sharp turn ahead, but tires squeal nonetheless as vehicles hug the orange and white barrels on this 90-degree angle like they're on a racetrack.

This two-lane stretch of Houston Levee Road just north of the Wolf River is heavily trafficked because it serves as a chief north-south thoroughfare through unincorporated eastern Shelby County, connecting Cordova with Collierville.

85. Vesta Home ShowOpens to Public -      The Memphis Area Home Builders Association's annual Vesta Home Show opens to the public April 28.
     The 2007 Spring Vesta Home Show is at Spring Creek Ranch in the Collierville Reserve. S

86. Chandler Reports Expands Its Services Into Middle Tennessee, Metro Nashville -

Real estate information company Chandler Reports, www.chandlerreports.com, has extended its reach eastward with the launch of RegionPlus, a service that gives subscribers access to real estate data in 45 counties in Middle Tennessee, including the Nashville area.

87. Archived Article -

Six lots in
Braystone Park
Loan Amount: $3.9 million

Loan Date: Dec. 14, 2006

Maturity Date: Dec. 10, 2007

88. Open for Business -

Molly is a black Labrador retriever and shepherd mix and is the mother of a puppy named Java.

She likes to "run and play, but will also sit down when you're ready to chill," according to the Collierville Animal Services' Web site at www.petfinder.com.

89. A Worthy Tribute -

On a balmy Sunday afternoon, assembled Downtown for what might have appeared an ordinary family reunion, about 40 people chatted, laughed and squeezed together for photos, the Mississippi River rolling softly behind them.

90. Organizers Push Vested Interest in Vesta Home Show -

The Vesta Home Show's love affair with Fayette County continues.

For the second year in a row, the Memphis Area Home Builder's Association's Fall Vesta Home Show will take place in the rural county just east of Memphis, from Sept. 30 to Oct. 15 in The Cloisters of Hickory Withe subdivision off of Tenn. 196, which crosses U.S. 64.

91. Front Porches Are Making A Comeback in Local Building Circles -

From the grand verandas of southern mansions to the homes of Appalachia's bluegrass musicians, the porch has been a part of Southern history. And while newer construction in the South might have veered away from the porch, some statistics show it might be making a comeback.

92. First Mercantile Taps Maness to Handle National Accounts -

Philip E. Maness has been appointed director of national accounts and executive vice president of First Mercantile in Cordova. He began his career with First Mercantile in 1984, serving most recently as strategic planning officer.

93. Memphis Exodus? Not Exactly. -

The casual observer could be forgiven for looking at Shelby County as the black sheep in a family of eight counties, all of which are jockeying for attention and favor.

By some accounts, Shelby is antisocial (driving residents away with high taxes), irresponsible with money (letting debt accumulate) and generally adrift, at least when it comes to solving recurring issues like the cost of school construction, suburban sprawl and consolidation.

94. Events -

The Women's Council of Realtors meets at 11:30 a.m. today in Clark Tower's tower room, 5100 Poplar Ave. Michelle Allen, with JP Morgan, is the guest speaker. As part of its "Education and Motivation" theme, there will be a motivational self-help book exchange at the luncheon. Visit www.maar.org for details.

95. Future Westin Hotel Financed for $29.5 Million -

0.67 acres near
Third Street
Cost: $11.9 million

Borrower: Senate Hotel Partners Memphis LP

Lender: First Tennessee Bank NA

96. Harding Academy to Expand to Lakeland -

At the edge of Memphis' metropolitan expanse - in a bedroom community with no property taxes, soaring home values and acre upon acre of undeveloped land - a Memphis private school that has outgrown its urban setting has found a new home.

97. Office Market Holds Steady in Third Quarter -

Shelby County's office market remained steady through the second and third quarters, but the fourth quarter isn't expected to finish as strong, local real estate experts said.

"There was no significant change from the second quarter to the third," said Kelly Truitt, president of the Memphis office of CB Richard Ellis.

98. Askew Named National Director of Engineering Group -

Mark W. Askew, president of Askew Hargraves Harcourt & Associates Inc., was appointed to a two-year term as national director of the American Council of Engineering Cos. of Tennessee. Askew is a civil engineer with 30 years of structural engineering experience.

99. Archived Article: Lead - TDOT Suddenly Alters Fayette Justice Center

TDOT Skews Fayette Justice Center Plans

Planned bypass could see delay, impeding access to site

LANCE ALLAN

The Daily News

When the Fayette County Commission approved a justice complex to ho...

100. Archived Article: Lead - New Arlington subdivision adds to building boom

Arlington Homes Add to Building Boom

No end in sight for new commercial, residential projects

ANDY MEEK

The Daily News

For real estate developer David Goodwin Jr., the town of Arlington ...