Editorial Results (free)
1. Core Focus
- Saturday, May 11, 2013
The Great Recession silenced construction crews throughout the Memphis area, and that was especially evident Downtown, where ambitious, skyline-changing projects were put on hold, reconfigured or scrapped altogether.
2. Chisca Rebirth
- Friday, April 26, 2013
“Memphis: The Musical” meets the real life setting Friday, April 26, for the fictional story of a Memphis radio announcer in the 1950s.
Actor Bryan Fenkart will walk about a block on South Main Street from The Orpheum Theater to the old Chisca hotel to perform at the project’s launch party. The party in the hotel’s garage space kicks off the $24 million renovation of the hotel as an apartment building.
3. Lighting the Spark
- Saturday, February 09, 2013
Somewhere, there’s an entrepreneur scribbling an idea on little more than the back of a napkin. Someone else has all the pieces of a new company in place, and now they’re ready to dial for dollars. Entrepreneurs are a talented bunch, but that talent doesn’t always include a knack for management or finance – skill sets that plenty of experts in Memphis stand ready to help explain.
4. Construction Nears for Crews Ventures Lab
- Friday, January 18, 2013
Construction is about to get under way on the University of Memphis’ Crews Ventures Lab, a business startup facilitator and incubator that will expand the possibilities available to the school’s entrepreneurially minded students.
5. Realty Income Corp. Buys Herbalife Facility
- Tuesday, January 15, 2013
5025 Crumpler Road Memphis, TN 38141
Sale Amount: $16.6 million
6. Crews Development Files $1.9 Million Construction Loan
- Tuesday, January 08, 2013
Crews Development LLC has filed a $1.9 million construction loan through Triumph Bank for 23.74 acres of land in Collierville.
7. Levenger Leases Up EastPark IV
- Friday, December 14, 2012
A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.
Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.
8. Crews Ventures Lab Close to 2013 Launch
- Wednesday, December 12, 2012
The University of Memphis’ Crews Ventures Lab program, a business start-up facilitator and incubator, is well on its way toward launching in 2013.
Already the program, which is still in the development stage, nearly has reached its $2 million fundraising goal. It’s also opening a dedicated space in August, which will provide a place for University of Memphis-based technology startups to be built and launched.
9. $3.5 Million McVay Station Begins
- Tuesday, November 27, 2012
Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.
The $3.5 million development, named McVay Station Professional Center, is by Jason Speed, local developer and contractor whose claim to fame was Corporate Gardens, a $24 million, 148,000-square-foot retail and office park delivered in 2001 on 14 acres at Forest Hill Irene Road and Poplar Pike.
10. Jones Back in Familiar Post at Millington City Hall
- Friday, November 16, 2012
After four years away from City Hall, Terry Jones returns to the Millington mayor’s office in January.
11. Broadway Pizza Buys Building for East Memphis Expansion
- Tuesday, October 02, 2012
627 S. Mendenhall Road Memphis, TN 38117
Sale Amount: $365,000
Sale Date: Sept. 13, 2012
12. Crews Holdings Files Loan on 34 Lots in Wolf River Ranch
- Thursday, September 27, 2012
Crews Holdings has filed a $1.5 million loan through Triumph Bank on 34 lots in Wolf River Ranch Planned Development in Collierville.
13. Building Business
- Monday, September 17, 2012
Dr. Leonard Greenhalgh brought a wake-up call with him to Memphis at the end of August, when he came to the city as one of several featured speakers for the Memphis Minority Business Council Continuum’s 2012 Economic Development Forum.
14. Herbalife Plans to Expand Memphis Distribution Center
- Tuesday, August 21, 2012
5025 Crumpler Road
Memphis, TN 38141
Permit Cost: $4.8 million
Permit Date: Applied August 2012
15. CRE Veteran Starts Slattery Realty
- Friday, July 20, 2012
Mike Slattery has opened a new commercial real estate company called Slattery Realty LLC.
Slattery is the owner and principal real estate broker for the firm that specializes in commercial and industrial sales, leasing, development and management.
16. MEM Reports 18.1 Pct. Drop in Passengers
- Friday, July 20, 2012
Memphis International Airport saw an 18.1 percent drop in passengers for the fiscal year that ended June 30.
The total number of passengers for the fiscal year was 7.8 million compared to 9.6 million for the previous fiscal year.
17. Riverfront Rehab
- Wednesday, May 16, 2012
As the American Queen steamboat docked Tuesday, May 15, at Beale Street Landing and left the same day for a trip to New Orleans, plans were under way for the restoration of another part of the riverfront just to the north – the cobblestones as well as a plaza and fountain at the foot of Union Avenue.
18. City Moves Forward With 25-Square Blight Strategy
- Wednesday, May 09, 2012
The city started a pilot program last year to clean up blight by utilizing a 25-square-block strategy.
Due to the program’s success, the 25-square strategy is being implemented as the strategy for neighborhood improvement going forward. The program entails crews working in predetermined “target zones” to mitigate grass and weed overgrowth, abandoned and dilapidated houses, litter and debris, impassable sidewalks, congested alleys, potholes and vacant lots.
19. Thorpe Products Inks New Deal On Democrat
- Friday, April 06, 2012
Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.
20. Billion-Dollar Investment
- Wednesday, January 18, 2012
2011 was a billion-dollar year for Memphis and Shelby County.
Last year, private businesses poured almost $1.2 billion in capital investment into the city and county, a figure touted Tuesday, Jan. 17, as a major accomplishment for the area at a time of prolonged strain in the local, state and national economy.
21. Adair Discusses Grand Vision for Piperton
- Friday, November 11, 2011
Proving naysayers wrong has become a hobby of William Adair’s.
When the Collierville native and his wife started Direct General Insurance Co. in 1991, it had six employees. Twelve years later, the firm had 520 offices across 13 states, was competing with State Farm and Allstate, and “all of the things that couldn’t be done were getting done,” he said.
22. Back into the Fold
- Monday, October 03, 2011
Before there was South Bluffs, there was French Fort.
Before the Hernando DeSoto Bridge was built and city zoning regulations placed more distance between commercial, industrial and residential areas, this neighborhood by the trio of older Mississippi River bridges south of Downtown survived in one of the most historic and isolated parts of the city.
23. GASC Looks to Promising Future as Bookings Begin
- Friday, September 23, 2011
There are a lot of bare walls in the offices of the newest tenant at One Commerce Square. But the offices of the Great American Steamboat Co. have a river view and the lobby houses a scale model of the company’s chief asset – the largest steamboat ever built.
24. ‘We’re OK’
- Wednesday, August 24, 2011
For decades, a residential area called French Fort, near the Metal Museum and Interstate 55, has thrived in isolation and anonymity.
The larger area is now poised to return to its one-time role as a gateway. But the owner of two key pieces of property told homeowners not to expect much movement for several years.
25. Parker Joins Leadership Memphis
- Wednesday, June 29, 2011
Latoria “Tori” Parker has joined Leadership Memphis as operations manager.
Education: B.S. Business Administration – University of Phoenix
26. GOP Frosh Take Care of Districts in Defense Bill
- Tuesday, May 24, 2011
WASHINGTON (AP) – Hard-charging Republicans who rallied voters last year with cries of "Stop the spending, ban the earmarks" are quietly offering a more familiar Washington refrain now that they're in Congress – not in my backyard.
27. Dodging the Deluge
- Friday, May 06, 2011
The last time the Memphis river gauge was this high, Memphis was a much different place. In 1937 when the Mississippi River at Memphis topped 48.7 feet, Mud Island was really an island with no levee connecting it to the city and the Wolf River flowing between it and the city proper. Parts of the city were still rural as was the county outside Memphis. Today’s suburban development was a long way off, and Millington was still a few years away from getting the Naval Air Station.
28. Long and Winding Road
- Friday, April 22, 2011
When Millington leaders gathered in a field off Navy Road earlier this month, the city’s current mayor, Richard Hodges, and his two predecessors were together for a project in which all three played a major role.
29. Construction Continues At Kroc Center Despite Changes
- Thursday, March 24, 2011
Construction continues on schedule at the multimillion-dollar Kroc Center of Memphis with a few structural changes.
The builder of the 100,000-square-foot recreation and civic center on 15 acres at the Mid-South Fairgrounds is working under an 18-month construction schedule with completion due in August.
30. Infinity Real Estate Buys Office Building for $1.2 Million
- Tuesday, March 08, 2011
5100 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $1.2 million
Sale Date: Feb. 16, 2011
Buyer: Infinity Real Estate LLC
Seller: Blanchard E. Tual, successor trustee of the Don Wallace Morgan Family Trust created under the last will and testament of Don Wallace Morgan dated Dec. 8, 2003, and Mary Katherine Fouts and Douglas A. Garner, co-trustees of the Fouts Estate Family Trust created under the last will and testament of Jimmie Darrell Fouts dated June 15, 2005
Loan Amount: $1.3 million
Loan Date: Feb. 16, 2011
Maturity Date: Feb. 16, 2026
Lender: First Tennessee Bank NA
31. Bridge to Everywhere
- Monday, February 07, 2011
In four years, there could be a location in the Memphis area designated for the construction of a new intermodal bridge spanning the Mississippi River.
Exactly when construction would begin and how it would be funded are matters to be determined later.
32. Triumph Bank Adds New Board Members
- Tuesday, October 19, 2010
Triumph Bank has announced two additions to its board of directors – Dr. Joseph Mirabile, president of Mirabile Investment Corp., and Jason Crews, founder of Crews Realty.
33. Despite Economy, Americans Don't Want Farm Work
- Tuesday, September 28, 2010
VISALIA, Calif. (AP) – As the economy tanked during the past two years, a debate has raged over whether immigrants are taking jobs that Americans want. Here, amid the sweltering vineyards of the largest farm state, the answer is no.
34. BP Oil Spill Provides Opportunities for Change
- Wednesday, July 21, 2010
What great news! After 85 days and millions of gallons of oil spilling into the waters off Louisiana’s coast, the flow has been stopped.
Everyone’s hopeful this or some similar “controlled” condition will last. Time will tell. Assuming it does, those who have been working tirelessly on the containment and recovery of the oil will be able to see light at the end of the tunnel. A final amount of oil will have been spilled and a final amount will eventually be recovered. You know they will not be the same number and they will not be close.
35. City Council Approves Budgets For New Fiscal Year
- Wednesday, June 09, 2010
Budget season ended at City Hall Tuesday with the passage of a $623 million operating budget, a $197.7 million five year capital improvements budget and a stable city property tax rate.
All take effect on July 1, the start of the new fiscal year.
So do new sanitation fees including a $4.50 cent hike in the solid waste fee paid monthly by Memphians. The new rate will be $25.05 a month.
The council also approved a $5 additional monthly fee if residents want to rent an additional garbage container from the city and a ban on sanitation crews emptying trash from anything other than the city provided containers.
The city’s sanitary sewer fee will also go from about $7.90 a month for most residents to $17 per household.
The solid waste fee hikes are the first step toward converting city sanitation services to a “pay as you throw” system that Public Works Director Dwan Gilliom said is more efficient based on its use in other cities of comparable size. The principle of the system is that residents pay for the amount of waste the city picks up.
Council chairman Harold Collins proposed and the council approved an amendment that could cut the solid waste fee to $23.80 by the summer of 2013. The fee drop would be based on estimates that by then revenue from the part of the fee hike that would go to buy new garbage trucks would have done its job for the fleet.
“That means you all have to have a sense of urgency to get that job done,” Collins said to Gilliom. “This is an opportunity for the administration to work with the people of Memphis.”
Some council members doubted the council could legally approve such an action binding on future council members.
Council member Kemp Conrad called the Collins proposal “pure fantasy.”
“That’s just cover for people to vote for a fee increase,” he said. “Either you are for the fee increase or you are for outsourcing.”
Conrad favored outsourcing sanitation services beyond the 35,000 citizens who now have some of their waste picked up by private companies and the rest of it picked up by city crews.
Gilliom said the alternative to the solid waste fee hike, the second in three years, was to outsource garbage pickup for another 75,000 households and lay off more than 230 employees.
The Wharton administration made $13.2 million in cuts to its original operating budget proposal. That included three to five percent pay cuts for all city salaried employees making $80,000 and over a year. The 204 employees having their pay cut include Memphis Mayor A C Wharton Jr. The three city court judges were exempted from the pay cuts.
The pay cuts will generate an $875,609 savings for the city. Wharton said he will try to find ways in the next three months to restore the cut in pay and find the revenue from other parts of city government.
Wharton included the pay cuts after the council’s budget committee directed him to cut without cutting services or employees delivering those services.
In keeping the city property tax rate level, the council also approved the possibility of issuing a separate education tax bill in the event the city loses the final round in a court battle with the Memphis school system over whether it can cut its level of funding to the school system.
Should the Tennessee Supreme Court refuse to hear the city’s appeal or hear the case and decide against the city, the city would have to come up with $57 million – the amount it cut the school system’s budget by in 2008.
Council member Shea Flinn proposed during executive session one time property tax hikes over three fiscal years to generate the revenue and hold it in a special fund pending the outcome of the court case. He also proposed a two week delay in Tuesday’s budget votes to find cuts in the city budget that would negate the need for such tax hikes.
The two week delay was voted down at the executive session, which was attended by most of the 13 council members. Flinn then withdrew the first part from consideration.
The proposal did not resurface at the regular council session.
The CIP budget, which is one time spending on construction projects financed by bonds, drew lots of questions from council members after Wharton included a surprise $5 million economic development fund in the $87 million dollar CIP plan for the coming fiscal year. The budget was already $2.5 million over because of the $15.5 million price tag for the Tiger Lane improvements to The Fairgrounds. Wharton said he wanted the $5 million to assist growing businesses as the need arises. Some on the council questioned why Wharton didn’t put it in the budget originally if it was such a high priority.
Wharton said since the city was going to have to go to market for more bonds because of the added expense of the Tiger Lane project, he decided to try to add the $5 million.
The addition was approved as part of the overall CIP. ...
36. Plough Cleanup Reaches Milestone
- Wednesday, June 02, 2010
The trees being planted along Plough Boulevard – the road leading into Memphis International Airport – represent the first tangible signs of the city’s aerotropolis initiative.
Crews on Wednesday morning will plant the 300th tree along Plough during a ceremony to commemorate this milestone, dubbed the “greening of the gateways,” giving the public a glimpse at one of the benefits of aerotropolis funding.
37. Crews Buys Collierville Hampton
- Tuesday, May 25, 2010
1280 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $5.1 Million
Sale Date: May 11, 2010
Buyer: SGR LLC
Seller: Collierville Hotels GP
Loan Amount: $3.8 million
Loan Date: May 11, 2010
Maturity Date: May 11, 2015
Lender: First Citizens National Bank
38. Lightman Files Loan To Build Toys ‘R’ Us
- Tuesday, April 13, 2010
Michael A. Lightman Sr. has filed a $6 million construction loan through SunTrust Bank to build a 47,000-square-foot Toys ‘R’ Us on the west side of the Centennial Commons retail development at Tenn. 385 and Winchester Road.
39. Project Greenway
- Monday, March 22, 2010
There’s no doubt 2010 will go down as a watershed year for the Wolf River Greenway, the $28 million, 22-mile nature corridor that traces the Wolf River from Memphis’ eastern border to Downtown.
The team responsible for giving life to the Greenway – the city parks department, the Wolf River Conservancy and the Hyde Family Foundations – has achieved a pair of key milestones, both of which are being celebrated as the jumpstart this project sorely needed.
40. ABRA Expands to Collierville
- Monday, March 22, 2010
ABRA Auto Body & Glass will expand its Memphis-area footprint this year by building a $2 million facility at 430 E. Winchester Blvd. in Collierville.
41. Fairgrounds Jump Start on Council's Agenda
- Tuesday, March 09, 2010
Memphis City Council members will be called on today to jump start the stalled renovation of The Fairgrounds.
The push by the Liberty Bowl's three tenants is to get an immediate council vote on a plan to create a great lawn at the Fairgrounds and demolish seven buildings including the Pipkin Building.
An ad hoc committee including council members and representatives of the three tenants met Monday evening to talk about current demolition underway at the Fairgrounds.
The demolition of the old Libertyland amusement park caused some concern when it went into a parking area outside the park.
Southern Heritage Classic founder Fred Jones immediately began expressing concerns that the new activity as well as the digging of a temporary siltation pond would cut the number of parking spaces available for his annual Jackson State-Tennessee State football matchup.
The work was stopped several weeks ago as the council tried to sort out where the demolition ended and the creation of a “great lawn” during the brief tenure of Mayor Pro Tempore Myron Lowery began.
“There’s a whole lot of work still being done,” Jones told the committee Monday evening of what he had seen earlier that day.
City Housing and Community Development director Robert Lipscomb said it was only a “clean up” of the area.
At Monday’s meeting, the three tenants of the football stadium said they back going ahead with the great lawn project as long as the lawn, in some form, and a plan to demolish the seven buildings, most of which are livestock barns, can all be done by the time football resumes at the Liberty Bowl with the Sept. 11 Southern Heritage Classic.
Some of the demolition contracts run out next week.
Jones said he supports the concept of a great lawn from East Parkway to the stadium. But he questioned whether the plans would increase the number of parking spaces from the current 5,372 within the Fairgrounds property to 7,568.
“We need to know exactly what we have. I don’t mean conceptually,” Jones said. “You’re not creating new spaces.”
Architect Tom Marshall, the city’s consultant on the project, insisted new and more parking will be created with the demolition of the buildings and Libertyland.
Marshall offered to come up with a detailed map showing individual parking spaces for today’s council discussion expected to begin during executive session at 1pm.
“I’ll even put in big cars,” he told Jones at one point.
Jones was the only no vote in the seven member committee vote to ask the city council for immediate approval of the project.
“I’m not really satisfied with what I’ve seen,” he said after he and others said the work by some divisions of the city including the Park Services division didn’t mesh with what other parts of city government were saying. “It’s just too convenient that the park services people weren’t here. Every time we say there is additional parking, I have not seen it.”
Council member Reid Hedgepeth moderated the session, trying to keep all of those involved from discussing past mis-steps.
“From now on people are going to know what’s happening,” he said. “If we’re going to do it, let’s do it. If not … let’s send them home,” he said referring to demolition crews.
Liberty Bowl executive director Steve Ehrhart said pre bowl game events should have some kind of building on the grounds to host them. Lipscomb said a tent will serve the purpose even though Ehrhart would prefer one of the surviving Fairgrounds buildings.
“A tent would be better than those buildings,” Lipscomb said.
Marshall estimated what is known as phase one of The Fairgrounds overhaul could cost $6-million to $9-million. There are no plans for a second phase or anything else beyond the great lawn and the building demolition.
The phase one cost could vary depending on bids and design work still to be done. Construction would start in June. But the council could vote on a specific design in April or May.
“We’re supportive of it,” University of Memphis athletic director R.C. Johnson said near the end of the two hour session. “I’m more and more concerned about the land. But we want to move on it.”
The construction of the Salvation Army Kroc Center on a Fairgrounds lot along East Parkway next to Fairview Junior High School is independent of the city’s on again-off again plans for the rest of the Fairgrounds property including phase one....
42. UPDATE: Council To Be Asked To Jump Start Fairgrounds Project
- Monday, March 08, 2010
Memphis City Council members will be on the deciding end Tuesday of a push to get an immediate council vote on a plan to create a great lawn at the Fairgrounds and demolish seven buildings including the Pipkin Building.
43. Six Permits Issued to Airport For Ground Transportation Center
- Tuesday, March 09, 2010
2491 Winchester Road
Memphis, TN 38116
Permit Amounts: $89.5 Million
Project Cost: $121 million
Permit Date: Issued March 2010
Completion: Spring 2012
Owner: Memphis-Shelby County Airport Authority
Tenant: Memphis-Shelby County Airport Authority
Contractor: The Flintco Cos. Inc.
Architect: Walker Parking Consultants
44. Tunica's New Cash Crop?
- Monday, December 07, 2009
When Xiaolin “Charles” Wang was introduced at an October press conference announcing plans to build a $1 billion hybrid automotive plant in Tunica County, he was described by the emcee as a man who “dreams big and drives fast.”
45. New York Investment Company Buys Shelby Grove Apartments
- Tuesday, November 24, 2009
6320 Gillespie Road
Memphis, TN 38134
Sale Amount: $4.7 Million
Sale Date: Nov. 11, 2009
Buyer: Flynn Realty & Development Shelby Grove LLC
Seller: MAC LP
Details: The 98-unit Shelby Grove Apartments at 6320 Gillespie Road near Bartlett has sold for $4.7 million to Flynn Realty & Development Shelby Grove LLC of Syosset, N.Y.
46. A City in Transition
- Monday, November 09, 2009
Just before sunrise on a rainy Tuesday morning, the armed officers raided the city office. They didn’t make any arrests, but they took files, interviewed employees and served search warrants. And they temporarily closed the Memphis Animal Shelter.
47. Golf Performance Center Slated For Timberlake’s Mirimichi
- Tuesday, October 06, 2009
6129 Woodstock Cuba Road
Millington, TN 38053
Permit Amount: $1.3 Million
Project Cost: $1.3 million
Permit Date: Applied October 2009
Owner: Big Creek Golf LLC
Tenant: Callaway Performance Center
Contractor: Eagle Contractors Inc.
48. 17 Lots in Collierville Gardens Sell for $1.5M
- Tuesday, September 29, 2009
Jason Crews Partnership has sold 17 lots in the Collierville Gardens Planned Development for $1.5 million to Hilliard Crews Partnership. The sale occurred Sept. 17. The 23-lot, 56.66-acre subdivision was developed by Shelby Group Realty LLC, which filed its plat on the property in 2001.
49. Kohl’s Repairs Storm Damage At Cordova Department Store
- Tuesday, August 11, 2009
2335 N. Germantown Parkway
Cordova, TN 38016
Permit Amount: $550,000
Project Cost: $550,000
Permit Date: Applied August 2009
Completion: August 2009
Contractor: InStar Services Group LP
50. Lamar Crossing Development Faces Foreclosure
- Tuesday, June 23, 2009
Once a promising development in a blighted area, the $11.7 million Lamar Crossing Apartments has gone the way of so many other commercial properties in town – fenced in and foreclosed.
A chain-link fence surrounds the perimeter of the 7.13-acre property on Lamar Avenue just north of Interstate 240. Overgrown grass proves the property hasn’t been cared for and a phone number posted on a sign outside the apartments for leasing information has been disconnected.
51. Work Begins on Habitat’s Green Neighborhood
- Tuesday, May 19, 2009
Trinity Park, the first all-green neighborhood being developed by Habitat for Humanity of Greater Memphis, reached an important milestone last week when crews began site work on the project.
After years of fundraising – and those efforts are still under way – the $3.1 million, 38-home neighborhood will begin taking form on 8.6 acres at Winchester and Tchulahoma roads in Oakhaven near Memphis International Airport.
52. Funding Boost Moves Kroc Center Closer to Reality
- Friday, April 24, 2009
No matter what happens with the overall redevelopment of the Mid-South Fairgrounds – a project that could be scaled back in light of the economy – the plan to build the Kroc Center of Memphis is gaining steam.
53. Loan Filed for Phase Two Of Centennial Gardens Apartments
- Tuesday, January 27, 2009
7751 Centennial Drive
Memphis, TN 38125
Loan Amount: $11.5 Million
Loan Date: Jan. 15, 2009
Maturity Date: Jan. 15, 2013
Borrower: Lightman Centennial Gardens Co.
Lender: SunTrust Bank
54. Work Progresses on Hope VI Development
- Tuesday, January 06, 2009
Construction crews didn’t let a little Monday morning mud stop them from building new apartments at University Place, a Hope VI housing development.
The third and final phase should be complete by fall, said Tom Currell, vice president of McCormack Baron Salazar, which is developing the $68 million project in partnership with Community Capital LLC.
55. THM to Build Nursing Facility Near Downtown
- Tuesday, September 16, 2008
1513 N. Second St.
Memphis, TN 38107
Permit Amount: $12.5 Million
Project Cost: $12.5 million
Permit Date: Applied September 2008
Completion: Winter 2009
Owner: Harbor View Properties Inc.
Tenant: Harbor View Properties Inc.
Contractor: Inman Construction Co.
Architect: Askew Nixon Ferguson Architects Inc.
56. The Laurels' Greenberg Pins Sales Hopes On Insulated Buyers
- Thursday, April 17, 2008
Aside from a concrete foundation and the rebar rising from it, there isn't much to see at the fenced-in construction site on the northeast corner of Central Avenue and Highland Street.
But Michael Greenberg clearly envisions the location's finished project - a $13.2 million condominium project called The Laurels.
57. Rasberry Lobbies To Build On 'Underground' Lot
- Tuesday, April 08, 2008
To longtime Memphians, the lot on the northeast corner of McLean Boulevard and Cowden Avenue is known as the "underground house" because of its architecture. That's even though the strikingly modern house surrounded by mounds and bushes and shrubs has been just a memory for two years and counting.
58. Ready for Takeoff
- Monday, August 06, 2007
Signs of what was once a naval air station still abound, but Millington Regional Jetport finally is starting to discover its own identity and carve a bigger niche in the airways.
Thanks to a renewed contract with FedEx Corp., a host of capital improvements and an ambitious marketing campaign to lure more aviation businesses, the jetport is poised to reach great heights.
59. After Three Years In the Making, Uptown Development Nears Completion
- Wednesday, July 18, 2007
Three years after the first construction crews arrived in Uptown to move dirt and lay the foundations for a few hundred homes, the end is finally in sight for the revitalization of this once-blighted neighborhood.
60. 'Sprucing Up' of Lamar Avenue Continues With New Apartments
- Tuesday, May 01, 2007
One of Memphis' most promising redevelopment areas is getting a much-needed multifamily addition.
Construction crews will break ground this month on the Lamar Crossing Apartments, a 120-unit complex being built across from the similarly named Lamar Crossing retail center on Lamar Avenue/U.S. 78, just north of Interstate 240.
61. Sports Complex Coming To East Shelby County
- Monday, April 30, 2007
For all the time, energy and money Chris Talley is spending on his indoor sports complex at the southeast corner of Houston Levee and Walnut Grove roads, perhaps the wisest investment he's made was a pair of boots so he can plod through the mud.
62. Hotel Business Booms in DeSoto
- Monday, April 02, 2007
If you build them, people will come.
Perhaps the hotel business in a growing market can't be summed up quite so succinctly, but so far it's been true in DeSoto County. New hotels continue to sprout - and guests continue to fill the rooms.
63. New Nursing School, Other Developments Beef Up Local Bioscience Sector
- Monday, November 13, 2006
Talk to Dr. Steve Bares for even a little while about Memphis' emerging bioscience industry, and he'll usually offer up a meaty metaphor to describe either himself, his thoughts on new developments or a forecast of things to come.
64. Florida, New York Transplant Thrives With Downtown Dry Cleaning Business
- Wednesday, August 16, 2006
Five years ago, Deborah J. Smith stood in line at a dry cleaner in her then-hometown of Sanford, Fla., and watched the steady cash flow from customer to cashier.
She quickly grew envious at the sight of all that green.
65. Records Show Building Permits Down Overall
- Wednesday, July 19, 2006
Compared to the previous two years, building permit filings were down in the second quarter 2006, according to The Daily News Online, www.memphisdailynews.com.
During that period, 3,040 total building permits were filed with the Memphis-Shelby County Department of Construction Code Enforcement (DCCE). The permits include everything from storage sheds to large residential projects.
66. A Place to Stay - for Days and Days
- Wednesday, July 12, 2006
An Arkansas-based commercial real estate firm is adding two new hotels to Memphis' real estate landscape. More specifically, they're hotels of the extended stay, quasi-apartment variety.
Whitt Properties Inc. is building seven extended stay properties under the national Value Place brand in four states, two of which will be built in Memphis. One, at Riverdale Road and Tenn. 385, will open later this month. The other, at 5787 Shelby Oaks Drive, will open in early 2007.
67. Future Home of PGA Tour Stop?
- Wednesday, June 14, 2006
The Vesta Home Show definitely is coming to Collierville's Spring Creek Ranch in 2007, but whether the Stanford St. Jude Championship, formerly known as the FedEx St. Jude Classic, will call the development's golf course home is another matter altogether.
68. Trezevant Manor Undergoes $80 Million Expansion
- Friday, May 26, 2006
Just as AARP The Magazine listed Memphis as one of five "Dream Towns" for retirement because of affordable housing and favorable weather, an upscale senior community in the city is undergoing a major expansion to keep up with its own growth.
69. Downtown Alleyways Receive Needed Bricks and Mortar
- Monday, March 27, 2006
The Center City Commission is entering the second phase of a streetscape improvement project that is cleaning up key parts of Downtown's infrastructure and alleyways.
The $3.2 million second phase, which includes alley and street improvements around Union and Monroe avenues, is scheduled to be completed in May.
70. No Incentives, No Deal
- Wednesday, March 08, 2006
"I've never felt so welcome."
These words, used by Sydney Pollack to describe his stint in Memphis while directing "The Firm," speak volumes about everything the local film industry has going for it: a friendly, willing workforce, venues rich in history and culture and loads of Southern hospitality.
71. Eyesores Razed at Crump and I-240
- Monday, March 06, 2006
Much of E.H. Crump Boulevard has been on the decline in recent years, but several projects could change that.
Probably the largest development along the South Memphis roadway is University Place at the southwest corner of Interstate 240 and Crump. It's being built over the former site of the 478-unit Lamar Terrace, a public housing development that sat abandoned for several years until being razed recently. Construction crews also have cleared the vacant Baptist Rehabilitation Hospital building and several others near it.
72. Madison Avenue Building Turns Inside Out
- Friday, March 03, 2006
The developers of the Goodwyn Condominiums at 127 Madison Ave. are looking to blend a historic building with high-tech amenities.
The 18-story, 68,000-square-foot building is being redeveloped by Henry Grosvenor and J. Hollingsworth of Capital Development LLC for $9 million.
73. Mud Island Area Gets Traffic Help in a Roundabout Way
- Tuesday, February 14, 2006
Mud Island residents could be going in circles by early May, as Dixieland Contractors continues building the $750,000 Mud Island roundabout at the intersection of Auction Street and Island Drive.
A roundabout is a type of road junction in which traffic travels in a circle around a central point. Drivers entering a roundabout have to yield to traffic that's already within the loop. The Mud Island Roundabout will be 120 feet in diameter and have two lanes circling a landscaped, two-tiered center.
74. CY Area to Embrace Condos by Summer
- Monday, February 06, 2006
After a long delay, Midtown's Cooper-Young area could be getting into the local condominium craze as early as this summer.
NY & Y Development Corp. is moving ahead with plans for a 35,000-square-foot, mixed-use condo development at 2771 Young Ave. that will run from New York Street to Philadelphia Street.
75. River Oaks to Replace Cockeyed Camel at Junction
- Tuesday, January 24, 2006
John Bragg's restaurant may still be under construction, but the neighborhood he's chosen is definitely established.
River Oaks by John Bragg is scheduled to open in February in a 2,800-square-foot space that used to house the Cockeyed Camel at Poplar Avenue and Interstate 240. It shares parking space with Park Place Hotel and will be able to seat 99 diners.
76. More Changes Under Way at Airport
- Thursday, August 18, 2005
New firehouses aren't usually seen as economic indicators, but a revamped aircraft rescue and firefighting station being planned for Memphis International Airport says a lot about the current state of business at the cargo and passenger hub.
77. Lamar Project Aims to Jump-Start Change
- Wednesday, August 17, 2005
The stretch of Lamar Avenue that runs near American Way is very much a neighborhood in transition. With the closing of the Mall of Memphis in December 2003, the area lost a major shopping venue, and in recent years, it has been overrun by crime and blight.
78. Memphis Film Industry Grows as Economic Force
- Monday, July 11, 2005
If Linn Sitler could write a sequel to the blockbuster growth of the film industry in Memphis, it might sound like this.
Director Craig Brewer, whose film "Hustle & Flow" got its red-carpet premiere in Memphis last week, would return to the Bluff City to shoot his next picture, "Black Snake Moan." He would be undaunted by the lure of film-friendly states like Georgia and Louisiana, even though they offer a slew of tax credits to movie production companies that Tennessee doesn't.
79. Archived Article: Real Recap
- Tuesday, May 03, 2005
Downtown Condos Planned For Lawrence Building
Downtown Condos Planned for Lawrence Building
South Main Street
Cost: $5.8 million
Borrower: Downtown Developers LLC
Lender: InSouth Bank
Trustee: John Dollar
80. Archived Article: Real
- Tuesday, January 11, 2005
Fayette County Growth Continued in 2005
Growth Issues Dominate Fayette Agenda in 2004
The Daily News
Fayette County is On the Grow! The slogan put forth by the countys Chamber of Commerce delineates area officials philosophy ...
81. Archived Article: Lead
- Wednesday, December 29, 2004
By Andy Meek
MLGW Plan Includes Focus on Business
Utility renews commitment to supplier diversity program
The Daily News
While a frigid December is winding down and heating bills are coming due for many Memphians, leaders at...
82. Archived Article: Real Recap
- Tuesday, November 02, 2004
7491 Wyndhurst Place
Germantown Apartments Sell for $20.7 Million
7491 Wyndhurst Place
Germantown, TN 38138
Cost: $20.7 million
Buyer: Empirian Colonnade LLC, with an undivided 75 percent interest; and Bush Realty Colonnade LLC, with ...
83. Archived Article: Real Recap
- Tuesday, October 26, 2004
Lofts Planned for Memphis Imports Building
1.36 acres near
Cost: $8.5 million
Borrower: Jason Crews Partnership
Lender: First Tennessee Bank NA
Trustee: Robert C. Liddon and Thomas F. Baker IV
84. Archived Article: Lead
- Monday, October 25, 2004
Two Upscale Residential Projects Coming to Fayette
Upscale Homes Planned for Fayette
New residential concept offers buyers unique amenity
The Daily News
A home with a lakefront view isnt out of the ordinary. But when that ...
85. Archived Article: Lead
- Monday, October 18, 2004
New Residential Helps Downtowns South End Grow
South Downtown Gets More New Homes
New construction blends with old in growing district
The Daily News
Downtowns South Central Business Improvement District, which has already...
86. Archived Article: Real Recap
- Tuesday, May 04, 2004
Developer Refinances South Main Apartments
10 S. Main St.
Memphis, TN 38103
Cost: $7.9 million
Borrower: CTB LLC
Lender: Morgan Stanley Mortgage Capital Inc.
Trustee: Mid-South Title Corp.
Property: No. 10 Main Apartment...
87. Archived Article: Loeb (lead)
- Wednesday, April 28, 2004
Collierville Retail Center off the Market
Portion of Collierville Marketplace sells for $8 million
The Daily News
A shopping center in the heart of Collierville situated on what once was rolling farmland was sold last...
88. Archived Article: Real Focus
- Tuesday, March 23, 2004
Vacant marine hospital development looms
Riverfront Historic Site Eyed for Development
The Daily News
Many years before anyone proposed improvements for the Memphis riverfront, Native Americans and early Memphis settlers were...
89. Archived Article: Daily Digest
- Wednesday, December 31, 2003
FedEx to Acquire
FedEx to Acquire
Kinko's for $2.4 Billion
FedEx Corp. has announced it will acquire Kinko's for $2.4 billion in cash from private equity firm Clayton, Dubilier & Rice Inc., enabling FedEx to offer shipping services in K...
90. Archived Article: South (lead)
- Wednesday, September 17, 2003
Industrial gives way to South End homes
Homes Replace Industry in Downtowns South End
Developers predict population will exceed Mud Island
The Daily News
Almost a century ago, in an area of Downtown south of The Orpheum an...
91. Archived Article: Real Review
- Tuesday, August 12, 2003
CMCS LLC, a Tennessee limited liability company, financed $1
Bluestone Glen planned
for Holmes Road area
CMCS LLC, a Tennessee limited liability company, financed $1.3 million through National Bank of Commerce, securing the loan with 20.2 a...
92. Archived Article: Daily Digest
- Friday, May 16, 2003
first quarter sales
Jackson, Tenn.-based Kirklands Inc. announced sales for the 13-week period ended May 3.
Net sales for the first quarter increased 11 percent to $73.4 million from $66.2 million f...
93. Archived Article: Market Briefs
- Monday, April 21, 2003
Shelby County Mayor A C Wharton is scheduled to discuss his county growth and development management plan today when he meets
Shelby County Mayor A C Wharton is scheduled to discuss his county growth and development management plan today when he ...
94. Archived Article: Airport (lead)
- Monday, March 10, 2003
Airport expansion prepares for takeoff
Airport expansion prepares for takeoff
By BRYAN MASSEY
The Daily News
At its board of commissioners meeting Thursday, the Memphis Shelby County Airport Authority plans to recommend a Hernando, Miss....
95. Archived Article: Calendar
- Monday, April 08, 2002
Calendar of events Jan Calendar of events April 8-April 14 April 8 The Shelby County Republican Women's Club invited 19 Republican County Commission candidates for districts 1, 3, 4 and 5 to speak at the club's meeting. The program begins at 11 a.m....
96. Archived Article: Calendar
- Monday, April 01, 2002
Calendar of events Jan Calendar of events April 1-April 7 April 1 Consumer Credit Counseling Service hosts a free workshop on building a budget from 6 p.m. to 7:30 p.m. at CCCS main office, 2430 Poplar Ave. Call 323-4909, Ext. 1313. Mississippi Muse...
97. Archived Article: Calendar
- Monday, March 25, 2002
Calendar of events Jan Calendar of events March 25-March 31 March 25 Mississippi Museum of Art, 201 E. Pascagoula St. in Jackson, Miss., presents Ms. Booths Garden: Photographs by Jack Kotz, a collection of photographs by Santa Fe-based photographer...
98. Archived Article: Calendar
- Monday, March 18, 2002
Calendar of events Jan Calendar of events March 18-March 24 March 19 Memphis Rotary Club hosts Robert Hirshon, American Bar Association president, at noon at LeMoyne-Owen College, Bruce Hall (on Walker Avenue). Parking is available at Metropolitan B...
99. Archived Article: Comm Briefs
- Friday, March 15, 2002
The Tennessee Historical Commission is now accepting nominations for its Certificate of Merit awards through March 31 The Tennessee Historical Commission is accepting nominations for its Certificate of Merit awards through March 31. The awards progr...
100. Archived Article: Real Review
- Tuesday, January 29, 2002
Existing home sales strong, NAR reports Existing home sales strong, NAR reports Despite the consequences of Sept. 11, sales of existing single-family homes set a new annual record in 2001. Monthly sales slipped in December but remained very strong, ...