Editorial Results (free)
1. GiVE 365 Grants $88,000 to 12 Nonprofits
- Monday, September 23, 2013
The Community Foundation of Greater Memphis made it easier for a dozen Memphis nonprofits to continue the good they do in the community when it announced the recipients of this year’s GiVE 365 grantees last week.
2. Hickory Hill Warehouse Sells for $15.7 Million
- Tuesday, December 11, 2012
6380 Holmes Road Memphis, TN 38141
Sale Amount: $15.7 million
Sale Date: Dec. 5, 2012
3. Planning Continues for Broad, Binghampton
- Thursday, August 23, 2012
As after-school traffic made its way north and south on Tillman Street last week, a crossing guard whistled children across one of the narrow streets by Lester Community Center.
The traffic was mostly cars, but the occasional bicycle from the nearby western terminus of the Shelby Farms Greenline whizzed by as well.
4. Council to Weigh Pink Palace Funding
- Tuesday, February 21, 2012
A $20 million upgrade of the Memphis Pink Palace Museum tops the Tuesday, Feb. 21, Memphis City Council agenda that also includes two items key to Overton Square redevelopment and $510,000 in capital appropriations for the Memphis Area Transit Authority.
5. Grays Creek Annexation on City’s Agenda
- Tuesday, February 07, 2012
Memphis City Council members take up the first of three readings Tuesday, Feb. 7, of an ordinance to annex the Grays Creek area that is in the city’s annexation reserve area.
The ordinance is a reaction to pending state legislation in Nashville that would remove part of the area from the Memphis annexation reserve.
6. Nike Adds 400K Square Feet To Local Portfolio
- Friday, July 29, 2011
The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.
Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.
7. Blank Palette
- Friday, May 20, 2011
When best-selling author Richard Florida visited Memphis recently, he spelled out to a room full of artists the formula for building a city’s creative class – attract, retain and engage talent.
8. Bold as Brass
- Tuesday, November 30, 2010
The proprietor of the newest addition to Downtown’s thriving business community is an Irishman with a raconteur’s charm and a traveler’s adventurous streak.
Some of those qualities were even on display when Seamus Loftus, who’s transforming the space at 152 Madison Ave. into an Irish pub called The Brass Door, described himself in an application for development incentives to the Center City Development Corp.
9. Inexperience No Hurdle for Tri-State Defender’s Smith
- Friday, September 24, 2010
When Bernal Smith was asked to be president and publisher of the Tri-State Defender, he was concerned that he did not have ink on his hands or the newspaper business in his blood. In other words, he had little to no relevant experience.
10. Carlisle Corp. Continues Work on New Headquarters
- Tuesday, July 06, 2010
263 Wagner Place
Memphis, TN 38103
Loan Amount: $2.1 million
Loan Date: June 15, 2010
Maturity Date: June 15, 2014
Borrower: Carlisle Landing LLC
Lender: Regions Bank
11. Vanguard Health Plans to Buy Mich. Hospital System
- Monday, March 22, 2010
DETROIT (AP) - Detroit Medical Center officials said Friday that plans for the nonprofit hospital system to be purchased by the privately held Vanguard Health Systems Inc. will allow it to maintain its commitment to charitable care and boost investment in its future.
12. Latest Public Housing Options Unveiled at Levi Road
- Friday, December 11, 2009
Batsell Booker remembered the excitement he felt in 1972 when his family moved to public housing on Horn Lake Road in Southwest Memphis.
“They were the best thing I had ever seen. … You wouldn’t think that today,” he said. “But we had some great times.”
13. City Closer to Erasing Public Housing
- Thursday, September 24, 2009
On paper they’re called mixed-finance properties. A smaller front in the city’s 10-year effort to change the face of public housing in Memphis, they are the sites of four smaller public housing projects in different parts of the city, ranging from 100 units to nearly 300.
This week, city leaders and others cut the ribbon on the new Austin Park Place development in Southeast Memphis. The development of 71 new rental homes including 68 duplex units is built on the site of the old Horn Lake Heights public housing development.
Housing and Community Development director Robert Lipscomb called it “another step in our journey to get rid of public housing.”
“We’re almost there. We only have a few more sites to go before we can eliminate the words ‘public housing’ from our vocabulary,” he told a crowd of 50 people in a tent at the newly built intersection of Latrobe and Leclare drives. “Wouldn’t that be great?”
Lipscomb recalled the old 80-unit townhouse project that was the site of a 1998 firebombing that killed three children and one adult in a townhouse packed with eleven people. Six others in the unit were injured.
“This place was firebombed. … I was in shock,” Lipscomb recalled. “We’ve gone from firebombing to rebuilding what we call public housing. It’s not public housing. It’s affordable housing.”
Construction on the $12 million project began in August 2008 after everything on the parcel of land on Horn Lake near Third Street was demolished.
The nonprofit Memphis Land Bank Inc. awarded the construction contract to City Housing LLC, a partnership between FaxonGillis Homes and Dean Tutor. The Memphis Housing Authority operates Memphis Land Bank.
Part of the development was financed with low income housing tax credits, which require the rentals to be limited to families with incomes 60 percent or less of the area’s median income. Median income in metro Memphis is $45,725, according to the most recent U.S. Census data.
The tax credit through the Tennessee Housing Development Authority (THDA) was what got SunTrust Community Capital interested, said Ellen Ward, assistant vice president at SunTrust Bank. The bank gets a tax credit against its Tennessee tax liability and the loan comes with a .5 percent interest rate.
“This is our first one. But we are entertaining taking out some permanent pieces on a few of the other properties around here. Hopefully we’ll do new ones if there is more to be done in the future,” Ward told The Daily News. “Naturally, anytime the real estate market goes down, you’ve got a little more risk on your hands. … Having the land bank and the housing authority behind it brings a lot of strength to the table.”
Memphis Land Bank has been one of the entities involved in the demolition of all but two of the city’s public housing projects, not counting four high-rises for senior citizens, begun during former Mayor Willie Herenton’s administration.
Cleaborn Homes and Foote Homes are the only two housing projects still standing and are part of the ambitious, 10-year, $1 billion proposal called Triangle Noir. It would demolish and replace both housing projects with mixed-use, mixed-income housing to help spark commercial and residential development in the broader south Downtown and South Memphis area.
The larger developments of 450 to 900 units were rebuilt with a mix of federal funds under the HOPE VI program administered by the U.S. Department of Housing and Urban Development (HUD) and private financing, said Molly Beard, executive director of the Memphis Land Bank.
Earlier this week, the city received another $8 million in federal funding from HOPE VI for the next phase of Legends Park, the mixed-use, mixed-income development built on the site of the old Dixie Homes housing project near the Downtown Medical Center.
The smaller developments like Austin Park Place are financed with money from a different HUD program and private financing.
‘Not giving up’
The Austin financing was a mix of $6.2 million in HUD money with $5.9 million in private funds.
For all six smaller developments, including Austin, the city has $16.2 million in HUD or public money and $44.5 million in private financing.
Tonnie Carter, a working single mother of six who now lives in the University of Memphis area, was among those who waited in line to apply to live in the new development.
Her goal was “to be someplace where you can pull in your own drive in front of your own door.”
“Five o’clock in the morning I was here with my Barney blanket, my water bottle and my muffin,” Carter said. “I think what used to be public housing is for young girls who are trying to get on their feet. I’m 35 years old. I want to be there. I want to set examples for my children. I know it’s hard but I’m not giving up.”...
14. Health Care Administrator Gives Back to Community
- Friday, August 07, 2009
Shantelle Leatherwood decided early in her career as a health care administrator to forgo the quest for a corner office in a hospital or executive suite and instead be closer to people.
She opted to work in community health centers. Leatherwood is the practice administrator at Christ Community Health Services.
15. Former FedEx Employee Starts Logistics Business
- Wednesday, June 24, 2009
Like it was for hundreds of other Memphians, April 3 proved to be a watershed date for Terica Lamb. She lost her job at FedEx Express that day when the company laid off 1,000 salaried managers and professionals, half of whom came from the Memphis area.
16. Lamar Ave. Hotel Developer Struggles for Approval
- Friday, May 23, 2008
Local cab business owner Jay Kumar has tried for two years to build an upscale, 35-room motel along Lamar Avenue, a project for which he estimates spending $2.5 million. And because he temporarily failed to get the final approval from city officials that he needed this week, he’s still trying.
17. Brinkley Heights Ministries To Expand Academy
- Tuesday, April 08, 2008
3277 Macon Road
Memphis, TN 38122
Permit Cost: $2.4 million
Project Cost: $2.4 million
Permit Date: Applied March 2008
18. New Group Hopes To Reinvigorate Airport Area
- Monday, October 29, 2007
With its corporate charter on file and its executive director at the controls, the Memphis Airport Area Development Corp. is finally ready for takeoff.
On Thursday, after months of planning, native Memphian John Lawrence officially will take the reins of this newly chartered group, which is charged with reinvigorating the neighborhoods around Memphis International Airport.
19. Business Owner Continues Lobbying Lamar Residents Over Hotel Idea
- Wednesday, May 02, 2007
Real estate developers concerned with how home- and business owners are affected by their projects might reach out to them by eliminating a few building stories here or planting a grove of trees there.
20. Young Heritage to Hold First Big Event With 'Smart Growth' in Mind
- Wednesday, April 11, 2007
Last October, Josh Whitehead paid for a three-hour ride from a commercial helicopter service based at the General DeWitt Spain Airport. He gave the pilot a map of Memphis and instructed him to "stay within the parkways."
- Thursday, December 14, 2006
The Memphis office of the Tennessee Small Business Development Center hosts "Developing a Business Plan" Friday from 10 a.m. to noon at Renaissance Business Center, 555 Beale St. The $20 seminar will cover how to create a business foundation and identify the status of business finances. For information, call Yolanda Handy at 333-5085.
- Wednesday, December 13, 2006
J.W. Gibson II, chairman of the Shelby County Board of Commissioners' Housing and Economic Development Committee, holds a public hearing today at 4 p.m. at the Shelby County Administration Building, 160 N. Main St. For more information, call 545-4309.
- Tuesday, December 12, 2006
Friends of the Poplar-White Station Branch Library presents Donn Southern as part of its Second Thursday Community Lecture Series Thursday at 11:30 a.m. at 5094 Poplar Ave. Southern, a practicing attorney and former judge of the Probate Court of Shelby County, will discuss "What You Should Know About Wills, Estates and Probate Court." For more information, call 682-1616.
24. Reynolds Named Head Baseball Coach at STCC
- Wednesday, September 20, 2006
Alan "Bo" Reynolds has been named the new head baseball coach at Southwest Tennessee Community College. He previously worked at Olive Branch High School, where he was head baseball coach in 2005-2006 after serving as assistant coach from 2003 to 2005. He also coached at Rhodes College from 1990 to 2003, where he was both an assistant coach and head coach and the University of Memphis from 1987 to 1990. There, he was an assistant under head coach Bobby Kilpatrick.
25. Legacy Land FinancesSouthern Heights Property
- Monday, August 28, 2006
Legacy Land Development LLC has filed a $1.1 million construction mortgage through Community Bank NA for 17.27 acres in Southern Heights Subdivision west of Horn Lake Road near the Tennessee-Mississippi line. The land is
26. NOT IN MY BACKYARD
- Tuesday, June 13, 2006
Public meetings of the Memphis and Shelby County Land Use Control Board rarely draw much in the way of a general audience. In addition to the usual Who's Who of developers, attorneys and government liaisons, the individual agenda items may draw a concerned property owner here, an interested business owner there.
27. MAAR to Give Posthumous Award to William B. Clark
- Friday, March 31, 2006
William B. Clark's life epitomized what many would consider the American dream.
At age 19, straight out of high school, Clark built and sold his first house in the Lincoln Heights subdivision in southwest Memphis.
28. Archived Article
- Tuesday, January 17, 2006
Thousand Oaks Boulevard (three addresses)
Cost: $28.6 million
Buyer: Talcott III Thousand Oaks LP
Seller: Glenborough Properties LP
29. Archived Article: Lead
- Wednesday, May 04, 2005
Hickory Withe Residents Work to Keep Strong Community
Hickory Withe Residents Join Forces
Group forms committee to serve as development watchdog
The Daily News
Two voices are stronger than one, and 200 voices are stronger ...
30. Archived Article: Real Recap
- Tuesday, August 03, 2004
8635 Highway 64
Holiday Inn Express Sells for $2.2 Million
8635 U.S. Highway 64
Memphis, TN 38133
Cost: $2.2 million
Buyer: First Lotus LLC
Seller: Wilson Inn-4064 Inc.
Property: Holiday Inn Express at 8635 U.S. Highway 64 near ...
31. Archived Article: Real Recap
- Wednesday, July 28, 2004
1580-1588 Union Ave
West Clinic Plans Midtown Treatment Center
1580-1588 Union Ave.
Memphis, TN 38104
Cost: $2.9 million
Borrower: West Union Partners LLC
Lender: Commercial Bank and Trust Co.
Trustee: Reid D. Evensky
32. Archived Article: Prom 2 (lead)
- Tuesday, February 10, 2004
City Aims to Bring Memphians to River
Promenade to serve as transition from water to Downtown
The Daily News
Its a walk that could take hours or just a few minutes. Departing from the historic southern end of Dow...
33. Archived Article: Chamber (lead)
- Wednesday, October 15, 2003
New Chamber Office to Anchor Madison
CCRFC approves tax freeze to keep chamber Downtown
The Daily News
After finding new space for its offices that will help it serve as an anchor for Madison Avenue, the Memphis Regio...
34. Archived Article: Habitat Lead
- Friday, March 28, 2003
Habitat homes aim to fit with new neighborhood
Habitat homes aim to fit with new neighborhood
By BRYAN MASSEY
The Daily News
In Memphis, Bob Moore probably understands the Habitat for Humanity program as well as anyone could, said Dwayne...
35. Archived Article: Opd (lead)
- Thursday, April 11, 2002
By JENNIFER MURLEY New subdivision brewing in Bolton neighborhood By JENNIFER MURLEY The Daily News Development plans for a small upscale residential subdivision in northeast Shelby County are among items being considered on todays Land Use Control ...
36. Archived Article: Real Review Lj
- Tuesday, August 10, 1999
Real Review 8-02-99 By LAURIE JOHNSON The Daily News Trammell Crow Co. broke ground Monday on the first phase of a new office development in southeast Shelby County at Forest Hill Heights. The first phase of the project includes a 75,000-square-foot...
37. Archived Article: Real Review
- Tuesday, July 27, 1999
Real Estate Review 07-27-99 By LAURIE JOHNSON The Daily News Trammell Crow Co. will break ground Aug. 9 on the first phase of a new office development planned for southeast Shelby County at Forest Hill Heights. The first phase of the project will in...
38. Archived Article: Real Focus
- Tuesday, June 15, 1999
Smart thinking on Smart Growth Smart thinking on smart growth By DAVID K. GRIBBLE Special to The Daily News The concept of "smart growth" has exploded onto the national consciousness as one of the most critical issues confronting America t...
39. Archived Article: Mallory (lead)
- Monday, February 15, 1999
By STACEY PETSCHAUER Mallory Heights project will fulfill an old dream By STACEY PETSCHAUER The Daily News After nearly 20 years, a goal that one Memphis builder did not live to realize finally will be fulfilled. Harold Buehler, owner of Buehler Ent...
40. Archived Article: Econ Conf
- Thursday, November 12, 1998
Economic conference Economic conference to be held next week The 45th annual Governors Conference on Economic and Community Development will highlight the states local and global economic and community development efforts Nov. 16-17 at the Peabody. ...
41. Archived Article: Back
- Wednesday, March 18, 1998
Six districts nominated Six districts nominated for national register The Memphis Landmarks Commission is sponsoring the preparation of nominations for six neighborhoods to be listed as historic districts on the National Register of Historic Places....
42. Archived Article: Hands On Chg
- Monday, November 10, 1997
Hands On Memphis is seeking volunteers for its Day of Community Healing on Nov Hands On Memphis seeks volunteers for cleanup project By CAMILLE H. GAMBLE The Daily News Hands On Memphis is seeking volunteers for its Day of Community Healing on Nov. ...
43. Archived Article: Gap Financing
- Thursday, June 12, 1997
By SUZANNE THOMPSON Gap funding available for multi-family developments By SUZANNE THOMPSON The Daily News In an effort to build more affordable inner-city housing, the city of Memphis is offering $1 million in gap funding to area developers for the...
44. Archived Article: Request For Proposals Lj
- Tuesday, March 11, 1997
lj 10/5 cates City calls for bids for in-fill housing By LAURIE JOHNSON The Daily News In an effort to increase the affordable housing available within its boundaries, the city of Memphis is requesting proposals for the development of single-family ...
45. Archived Article: Back-assisi
- Tuesday, August 06, 1996
Assisi Foundation announces Assisi Foundation announces second quarter 96 grants The Assisi Foundation of Memphis Inc. has announced grants for the second quarter of 1996 totaling more than $1.1 million. Grants were made to organizations in health c...
46. Archived Article: Housing Lj
- Wednesday, December 27, 1995
lj 10/5 cates We came, we saw, we conquered HCD housing initiative is on schedule, working beautifully By LAURIE JOHNSON The Daily News The City of Memphis Division of Housing and Community Development (HCD) seems to have found the formula that will...