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Editorial Results (free)

1. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

2. United Housing Receives High State Rankings -

United Housing Inc., a nonprofit affordable housing agency that serves families in Memphis, Shelby County and West Tennessee, has received recognition for high state rankings.

3. United Housing Receives High State Rankings -

United Housing Inc., a nonprofit affordable housing agency that serves families in Memphis, Shelby County and West Tennessee, has received recognition for high state rankings.

4. Meet Hong Kong -

I just realized that while I have now lived in Hong Kong for nearly a month I have failed to properly introduce you. Allow me to give you the tour.

Between 1842 and 1997, the British controlled the 425-square-mile territory of Hong Kong, which includes Kowloon, the New Territories and over 200 smaller islands. Its proximity to China and its naturally deep water ports make Hong Kong an ideal trade destination. When China reopened in the 1980s, manufacturing boomed in nearby Shenzhen, and Hong Kong became the natural financial and logistics center ... in a way, China’s front office.

5. Council Rejects Utility Construction Contract -

The Memphis City Council approved on the first of three readings Tuesday, Aug. 19, an ordinance that adjusts the city’s policy on the investment of the city’s pension fund. The change would up the percentage of investments in real estate from 5 percent to 10 percent.

6. Memphis Multifamily Sector on Firm Ground -

It was 2008 and Memphis-based Makowsky Ringel Greenberg had just acquired a swath of property inside Boyle Investment Co.’s master planned Schilling Farms community in Collierville for a new multifamily development.

7. Bull Market -

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

8. Council Rejects Utility Construction Contract -

The Memphis City Council approved on the first of three readings Tuesday, Aug. 19, an ordinance that adjusts the city’s policy on the investment of the city’s pension fund. The change would up the percentage of investments in real estate from 5 percent to 10 percent.

9. Fed-Casting the Next Six Months -

The central questions for this aging bull market involve the timing, pace and degree of interest rate increases. Low interest rates make equity earnings larger and more valuable. Freeze interest rates here and stocks look cheap. Increase them to historical norms and stocks look expensive.

10. Fullilove Calls Off Sales Tax Hike Try, Unions May Try -

Memphis City Council member Janis Fullilove pulled the plug Tuesday, Aug. 19, on a proposed November referendum on a citywide half cent sales tax hike.

11. Council Reviews Pension Investment Changes -

For the first time in months, Memphis City Council members have no committee discussions scheduled Tuesday, Aug. 19, on city health insurance benefits or proposed pension plan changes.

But the council will vote on the first in a series of pension plan changes to come.

12. August 15-21: This week in Memphis history -

2013: Norah Jones was a surprise guest at a Levitt Shell concert by Cory Chisel and the Wild Rovers Tour.

1984: The Center City Commission reported $450 million in construction Downtown since 1976, counting public as well as private financing. The construction boom included the Memphis Plaza Hotel, Morgan Keegan Tower and the Scimitar Building.

13. Memphis Health Center Marks Expansion -

When the Memphis Health Center Inc. moved out of two trailers in 1975 into a stucco building on E.H. Crump Boulevard, the center was just beginning and the building was a modest start that signified a continuing need for the medical services it offered.

14. Memphis Health Center Renovation Tops Out -

Local leaders will mark the topping out of a $6 million renovation and expansion of the Memphis Health Center Tuesday, Aug. 12, at 360 E.H. Crump Blvd.

The institution opened in 1972 using federal funding secured by local civic leaders and physicians and was initially housed in two temporary trailers. Its goal was to address health care needs in the area, which at the time included a public housing development on the other side of the boulevard.

15. Student Housing Tower Planned Near University of Memphis -

A Frankfort, Ky.-based developer is planning to develop a student housing tower close to the University of Memphis.

Will Crumbaugh of Frankfort-based Crumbaugh Properties, through Memphis Student Housing LLC, plans to build a roughly 120-unit, seven-story tower at the southwest corner of Mynders Avenue and Brister Street.

16. Shelby County Home Sales, Prices Dip in July -

From 2008 to 2012, bank sales – or foreclosure sales – propped up what was an otherwise crumbling real estate market.

After several years of historically high bank sales, that inventory has finally thinned out and their months-long decline is impacting overall sales figures, according to several Memphis-area Realtors.

17. Editorial: Economic Woes Pose Questions for Memphis -

It may be gone. But the recession sure took its time in departing after taking a heavy toll on economic development in Memphis. And some of us aren’t sure it has totally left the premises, especially in a city that is watching as other parts of the state are rebounding and recovering at a much quicker pace than Memphis.

18. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

19. Blueprint for the Future -

It was 1992, and architect Joey Hagan was searching high and low for space for his own office.

He turned to his friend David Schuermann – the two had previously worked together at Bologna and Associates – whose firm at the time, DMS Architects, had an office at 88 Union Center Downtown.

20. Student Housing Tower Planned Near University of Memphis -

A Frankfort, Ky.-based developer is planning to develop a student housing tower close to the University of Memphis.

Will Crumbaugh of Frankfort-based Crumbaugh Properties, through Memphis Student Housing LLC, plans to build a roughly 120-unit, seven-story tower at the southwest corner of Mynders Avenue and Brister Street.

21. City Mulls Plan to Buy Former State Building -

It would be cheaper and more efficient for the city of Memphis to lease and then buy the vacant Donnelley J. Hill state office building across Main Street from Memphis City Hall than to continue leasing multiple properties spread across town, consultants and city officials told City Council members Tuesday.

22. Study: 35 Percent in US Face Debt Collectors -

WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.

23. Master Your Market Seminar to Examine Housing Trends -

Real estate industry professionals will have the opportunity this week to learn more about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

24. Heritage Trail Project Receive Arts Grant -

The National Endowment for the Arts has awarded a $150,000 grant to the city’s Heritage Trail project for planning, design and public art.

Heritage Trail is the city’s ambitious project to redevelop a large area south of FedExForum and into South Memphis. It includes the proposed demolition of Foote Homes, the last of the city’s large public housing developments.

25. Lot Shortage Poses Next Roadblock -

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

26. Heritage Trail Project Receives Arts Grant -

The National Endowment for the Arts has awarded a $150,000 grant to the city’s Heritage Trail project for planning, design and public art.

Heritage Trail is the city’s ambitious project to redevelop a large area south of FedExForum and into South Memphis. It includes the proposed demolition of Foote Homes, the last of the city’s large public housing developments.

27. Building Community -

Over a recent weekend, around 30 members of Grace-St. Luke’s Episcopal Church descended on a home in the Northwood Hills community just north of Raleigh.

They came armed with determination and demolition tools, spending most of the weekend ripping out old appliances, tearing away wallpaper that had seen better days and preparing the dog-eared house for a rehabilitation project that will make it a home.

28. Local Projects Win State Grant Money -

Tennessee Gov. Bill Haslam handed out five oversized grant checks Wednesday, July 23, on the University of Memphis campus for a total of $1.4 million in grants funding for various pedestrian, park and recreation projects across Shelby County.

29. Cohen-Wilkins Campaign Gets Personal -

In hard-fought political races, candidates try to disrupt the game plan of their rival, change the rules of the contest to their own liking and control the campaign’s narrative.

On the third day of the early voting period in advance of the Aug. 7 election day, that is what both contenders in the 9th District Democratic Congressional primary had come to.

30. Cohen Goes On Offense In Wilkins Challenge -

For weeks, U.S. Rep. Steve Cohen and Ricky Wilkins, his challenger in the Aug. 7 Democratic Congressional primary have been talking about each other without necessarily directly talking about each other or doing so at length

31. French Fort Plan Calls for $150 Million Development -

What would begin as 67 apartments in the former U.S. Marine Hospital and nurses’ quarters on the northern edge of the French Fort neighborhood would grow in phases to a $150 million development south of E.H. Crump Boulevard, according to a plan unveiled over the weekend.

32. EdR Finalizes Sale Of Two Properties -

Memphis-based EdR has completed the sale of two properties to separate companies for a combined $29.9 million, the company announced Wednesday, July 16.

The student housing development and management firm said the sale of Pointe West, a 480-bed community built in 2003 that is about two miles from the University of South Carolina, closed on July 1. The sale of The Reserve on South College, a 576-bed community built in 1999 that is about a half-mile from Auburn University, on July 14.

33. EdR Finalizes Sale of Two Properties -

Memphis-based EdR has completed the sale of two properties to separate companies for a combined $29.9 million, the company announced Wednesday, July 16.

The student housing development and management firm said the sale of Pointe West, a 480-bed community built in 2003 that is about two miles from the University of South Carolina, closed on July 1. The sale of The Reserve on South College, a 576-bed community built in 1999 that is about a half-mile from Auburn University, on July 14.

34. Uphill Climb -

Shelby County’s homebuilding industry is off to a slow start in 2014, with builders filing 16.6 percent fewer permits in the second quarter than in the same three-month period a year ago.

Builders filed 245 permits in Shelby County in the second quarter, compared with 294 permits in the second quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. Builders filed 191 permits in the first quarter.

35. Sheriff’s Race Reflects Different Law Enforcement Cultures -

Bennie Cobb remembers how he got his first job in the local criminal justice system.

It was 1980, and Cobb – then 19 years old – went to apply for a job at the old City Jail.

36. County Commission to Discuss Brooks’ Residency -

A challenge of Shelby County Commissioner Henri Brooks’ residency is serious enough that her fellow commissioners are prepared to discuss it at a special meeting next week.

The Shelby County Attorney’s office is investigating whether Brooks lives in the district she has represented for the last eight years.

37. Creating a Nonprofit Private-Public Partnership -

Part one of a three-part series. Private-public partnerships are promoted as a collaborative way to bring people and resources together across sectors.

A recent example is the development of senior housing in San Francisco, California’s Bayview Hunters Point community. We are proud to be affiliated with this project and have witnessed the many twists and turns it has taken over the years. We asked Cathy Davis, executive director of the Bayview Hunters Point Multipurpose Senior Services Inc. (BHPMSS), to share specifics of her partnership so you imagine what a partnership could look like for your organization or institution. Her story is specific to her community; your story will be specific to Memphis.

38. Wilkins Targets Cohen as ‘Career Politician’ -

Ricky Wilkins told a packed campaign headquarters in Poplar Plaza on a busy campaign weekend that U.S. Rep. Steve Cohen is waging a dirty campaign while complaining that Wilkins is doing the same.

39. Shelby County Home Sales Down, Prices Up in May -

Shelby County experienced a drop in home sales in May compared to the same month last year and also from April.

However, prices continued their upward surge last month as the supply of available homes continued to dwindle.

40. Council Hears Tentative Plans for Office Building -

Memphis Mayor A C Wharton Jr.’s administration would move the Memphis Police Department, information technology services and six city agencies renting offices on Union Avenue Extended into the Donnelley J. Hill office building if the city goes through with a plan to swap the office building with state government in exchange for parking spaces in the Peabody Place garage.

41. City Council Hears Tentative Plans for Office Building -

Memphis Mayor A C Wharton Jr.’s administration would move the Memphis Police Department, information technology services and six city agencies renting offices on Union Avenue Extended into the Donnelley J. Hill office building if the city goes through with a plan to swap the office building with state government in exchange for parking spaces in the Peabody Place garage.

42. Southbrook Mall Concept Goes to Public Hearings -

As city Housing and Community Development Director Robert Lipscomb began talking in the gym of the Whitehaven Community Center last week, he could see the Pepper Tree Apartments on the other side of Graceland Drive.

43. Change on Tap for Many Local Public Companies -

Here’s a snapshot of recent news and developments at some of the publicly traded companies based in Memphis, reflecting the influence these companies have and the shadows they cast both in Memphis and beyond, in industries that range from bioscience to banking.

44. Medical Makeover -

After suffering from years of benign neglect, a new, more invigorated Memphis Medical Center is finally beginning to take shape.

A drive or walk around the area these days shows the hallmarks of a changing landscape – bulldozers, backhoes, cranes and construction crews working feverishly to forge the new urban environment.

45. Out With the Old -

A small group of people gathered last week in the front room of a new Southwest Memphis housing development for senior citizens.

The scene marked the ending of one era in public housing and the start of another as the doors opened to the newest facility in the nearly 20-year makeover of public housing.

46. Zoo Pulls Park Shuttle Funding, Conservancy Moves Up Shuttle Start -

The Memphis Zoo pulled its funding Tuesday, May 20, for a trial zoo shuttle from the Overton Square parking garage. And the Overton Park Conservancy moved up the start of the shuttle service it will now fund on its own to start running two weeks earlier than planned.

47. Arlington, Lakeland Superintendents Discuss Smaller Systems -

The superintendents of the Lakeland Schools and Arlington Community Schools systems admit they haven’t been in the spotlight much in the coming schools demerger.

But Tammy Mason of Arlington and Ted Horrell and Lakeland lead schools systems that have a relationship just as vital as the one between Germantown and Collierville, their larger counterparts in the set of six suburban school systems.

48. Economic Experts Offer Analysis, Forecast -

A report from Fitch Ratings May 14 declared that going forward the U.S. economy will have to grow without the help it has enjoyed in recent years from things such as low interest rates and government spending.

49. EdR Executive Brown Leaving This Summer -

A high-ranking executive at Memphis-based EdR is leaving the company this summer.

Randall H. Brown, executive vice president and CFO, has resigned effective June 30 to “pursue other business opportunities,” the company announced.

50. Fairway Manor Development Opens -

City of Memphis and Memphis Land Bank officials formally opened Fairway Manor Thursday, May 15, in southwest Memphis.

51. Fairway Manor Development Opens -

City of Memphis and Memphis Land Bank officials formally opened Fairway Manor Thursday, May 15, in southwest Memphis.

52. Building Community -

The Carrington at Schilling Farms looks like an apartment community you might find in Downtown Memphis or a town square, but the development – Boyle Investment Co.’s first apartment project in more than 30 years – is in the heart of Collierville.

53. EdR Executive Leaving This Summer -

A high-ranking executive at Memphis-based EdR is leaving the company this summer.

Randall H. Brown, executive vice president and CFO, has resigned effective June 30 to “pursue other business opportunities,” the company announced.

54. Lessons for Memphis Abound in Atlanta’s Beltline -

The Atlanta Beltline is an infrastructure framework around the urban core of Atlanta – a 22-mile loop of mostly abandoned railroads that is being transformed into a transit greenway.

It is a linear park with streetcars, bicycle paths and pedestrian trails that will connect more than 40 diverse neighborhoods, as well as city schools, historic sites and cultural locales.

55. Real Estate ‘Titans’ Share Industry Advice -

In the 1980s Dan Wilkinson and Robert Snowden were deeply involved in developing Memphis International Airport Center.

56. This week in Memphis history: May 9-15 -

1984: Jerome Ryans became director of the Memphis Housing Authority following the resignation of Lawrence Wade from the post. Ryans, who had been the Memphis City Council’s staff administrator prior to the appointment by the MHA board and backed by Memphis Mayor Dick Hackett, inherited what was considered a “troubled housing authority” by the federal department of Housing and Urban Development. Over several years, Ryans would reverse that, restore the confidence of the federal agency that supplied the bulk of funding to the MHA and begin to question the direction and role of public housing in Memphis.

57. Politics Continues After County Primaries -

A lot of the candidates from the Shelby County primary ballot were in the same room the day after the Tuesday, May 6, election.

The occasion was County Commission committee sessions.

It was mostly winners.

58. August’s ‘Big Ballot’ Awaits County’s Voters -

With the unofficial results in the Shelby County primary elections in, get ready for the “big ballot.”

The candidates who won the Democratic and Republican primaries in Tuesday’s elections advance to the August ballot where they will join a much larger group of candidates and races that once every eight years produce the largest ballot of any election cycle in Shelby County politics.

59. Shelby County Home Sales on the Rise -

Shelby County experienced a modest increase in home sales in April compared to the same month last year, but sales rose sharply from March and prices continued their upward surge.

Shelby County recorded 1,356 home sales in April, up 2 percent from the 1,335 homes sold in April 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. However, the 1,356 homes sold in April is up 14 percent from the 1,192 homes sold in March, giving Realtors hope that the market is heating up along with the weather.

60. Rudd Charts Path at University of Memphis -

The incoming president of the University of Memphis should name his provost or chief academic officer this week as he prepares to take office May 16.

M. David Rudd was appointed president of the city’s largest institution of higher learning last week by the Tennessee Board of Regents.

61. Officials Visit Memphis to See Investments at Work -

Officials from President Barack Obama’s administration were expected to visit Memphis to look at joint investments by their agencies in a program designed to improve housing and transportation options, protect the environment and build stronger regional economies.

62. EdR Expecting ‘Strong’ Year -

Memphis-based EdR said it is “on track for a strong and successful 2014.”

The student housing developer and manager announced Monday, April 28, that core funds from operations in the first quarter was $19.4 million, or 17 cents per share, up from $16.4 million, or 14 cents per share, over the same period last year.

63. First Horizon Settles Federal Litigation -

Memphis-based First Horizon National Corp. has reached a litigation settlement agreement with the Federal Housing Finance Agency, as conservator for the Federal National Mortgage Association, also known as Fannie Mae, and the Federal Home Loan Mortgage Corp., also known as Freddie Mac.

64. Raleigh Springs Mall Owners Question City’s Plans -

The owners of the Raleigh Springs Mall had been talking with Memphis Mayor A C Wharton Jr.’s administration until late last year about the city’s desire to see a revitalized mall possibly with city government offices.

65. Memorable Sports Week Here, Everywhere -

In the NBA, extra time is always available. Well, at least if it’s a playoff series between the Grizzlies and Oklahoma City.

But the newspaper business does not work like that. Even in 2014, we still have deadlines. And deadline for this column was several hours before Game 6 of the Thunder and Grizzlies tipped off at FedExForum Thursday night.

66. First Horizon Settles Federal Litigation -

Memphis-based First Horizon National Corp. has reached a litigation settlement agreement with the Federal Housing Finance Agency, as conservator for the Federal National Mortgage Association, also known as Fannie Mae, and the Federal Home Loan Mortgage Corp., also known as Freddie Mac.

67. EdR Expecting ‘Strong’ Year -

Memphis-based EdR said it is “on track for a strong and successful 2014.”

The student housing developer and manager announced Monday, April 28, that core funds from operations in the first quarter was $19.4 million, or 17 cents per share, up from $16.4 million, or 14 cents per share, over the same period last year.

68. Miles to Lead Germantown Community Theatre -

Michael D. Miles took over as executive director of Germantown Community Theatre Monday, April 28, about two weeks before the theater closes its 2013-2014 season with “A Funny Thing Happened on the Way to the Forum” May 16 to June 1.

69. Grizz Players React to Sterling’s Comments -

Five years ago, for part of one NBA season, Zach Randolph was a Los Angeles Clipper and on the payroll of owner Donald Sterling.

70. No Annexation Declaration Directs New Path -

In seven words last week, Memphis Mayor A C Wharton Jr. got the attention of hundreds of planners who gathered in the city for the “Memphis Boot Camp,” a summit of sorts toward the idea of changing the city’s philosophy and approach to community development and economic development.

71. Officials Visit Memphis to See Investments at Work -

Officials from President Barack Obama's administration were expected to visit Memphis Friday to look at joint investments by their agencies in a program designed to improve housing and transportation options, protect the environment and build stronger regional economies.

72. Events -

The South Main Art Trolley Tour will be held Friday, April 25, from 6 p.m. to 9 p.m. in the South Main Historic Arts District. Email info@southmainmemphis.net.

73. Iraqi Trade Delegation Visits Memphis -

An Iraqi trade delegation in Memphis this week got a look at the FedEx Memphis SuperHub and met with the local Iraqi community.

Naufel Alhassan, commercial counselor for Iraq’s U.S. embassy, also met Monday, April 21, with leaders of the Greater Memphis Chamber.

74. Year on The Bridge -

In a tiny chapel at St. Mary’s Episcopal Cathedral, a group of three people listened intently last week as traffic whizzed by an open door onto Poplar Avenue on the other side of a wrought iron fence.

75. Southbrook Mall Plans Simmer -

If the city is going to spend money on a renovation of the Southbrook Mall in Whitehaven, it should be part of a larger plan for Whitehaven and tie in to the aerotropolis concept.

That’s what city Housing and Community Development Director Robert Lipscomb said Tuesday, April 15, as he outlined a $6.5 million plan for turning the mall into a “town center” that includes some city government offices and private retail.

76. Wharton Outlines $596 Million Budget Plan -

Memphis Mayor A C Wharton Jr. warned Tuesday, April 15, that “half measures” in converting city employees to a defined contributions benefits plan would not restore the city’s financial health and resolve an unfunded pension liability of hundreds of millions of dollars.

77. Winter Drags Down Q1 Building Permits -

Shelby County’s homebuilding industry, plagued by poor weather early in 2014, got off to a slow start in the first quarter, with builders filing 14.2 percent fewer permits than in the same three-month period a year ago.

78. Mortgage Market Sees Small First-Quarter Gains -

Shelby County’s mortgage market started off 2014 a bit tame, not as chilly as the weather but not exactly bursting with energy either.

Local banks and mortgage lenders made 1,617 purchase mortgages during the first quarter, flat compared with the 1,624 mortgages during first quarter 2013, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

79. Housing Market Stumbles in First Quarter -

Shelby County home sales slowed in the first quarter when compared to the same three-month period in 2013.

Shelby County recorded 3,270 home sales in the quarter that ended March 31, down 3 percent from the 3,383 homes sold in the first quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

80. Events -

Ballet Memphis will present “Peter Pan,” a world premiere from the choreographer of “Cinderella” and “Wizard of Oz,” Saturday, April 12, and Sunday, April 13, at The Orpheum, 203 S. Main St. Buy tickets at balletmemphis.org.

81. Events -

Rhodes College will host Gary Schmitt, co-director of the Marilyn Ware Center for Security Studies at the American Enterprise Institute, Thursday, April 10, at 4 p.m. in the Frazier Jelke Science Center on campus, 2000 North Parkway. Schmitt will present “In the Wake of Edward Snowden: Security, Civil Liberties and American Intelligence.” Cost is free. Visit rhodes.edu.

82. Reversing Sprawl Through Connectivity -

Editor’s Note: This column will appear Tuesdays through April in honor of Sustainability Month for Memphis and Shelby County.

Last week, Smart Growth America released “Measuring Sprawl 2014,” a report examining development in 221 major metropolitan areas in the U.S. and evaluating development on a national index. With a score of 71, the greater Memphis region ranks near the bottom of the list at number 196 out of 221. Furthermore, Memphis ranks as the sixth most sprawled large metropolitan area.

83. Events -

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

84. Market Mystery -

Over the last several years, investors ranging from mom-and-pop shops to large hedge funds have been acquiring single-family homes in Memphis at a historic pace.

But determining the long-term impact that investor purchases have made on neighborhoods remains elusive.

85. Mosaic in the Making -

A group of artists soon will be chosen to add something new to the canvas of Downtown’s South Main Historic Arts District.

They’ll be part of a public art program called South Main Mosaic, for which the Downtown Memphis Commission has put out a call for artists based within 250 miles of Memphis to submit everything from sculptures to murals, videos, artistic lighting and more. Up to 10 pieces will be chosen, and a budget of $47,000 has been allocated for artist fees and production of the works.

86. Heritage Trail Likely to Continue Despite Rejection -

The plan to demolish the last large public housing development in Memphis and use the demolition as a catalyst for a larger redevelopment of the surrounding area did not make the final cut with federal housing officials in Washington.

87. Homelessness Drops in Shelby County -

Officials say homelessness in Memphis and Shelby County has dropped because of a campaign aimed at reducing the number of people who live on the streets.

Memphis Mayor A C Wharton Jr., Shelby County Mayor Mark H. Luttrell and members of the Community Alliance for the Homeless said late last week homelessness is down 21 percent overall since 2012.

88. Federal Reserve Report On Memphis Area Issued -

A Federal Reserve report shows economic conditions in the housing sector in the Memphis area are healthy, but the employment market can do better.

The Federal Reserve in St. Louis released its quarterly Burgundy Books last week, examining economic conditions St. Louis, Little Rock, Louisville and Memphis. The Memphis zone includes northern Mississippi, eastern Arkansas, and western Tennessee, with a population of about 3.1 million people

89. Shelby County Building Permits Down Slightly in February -

With bitterly cold temperatures lingering over the Memphis area last month, homebuilders pulled slightly fewer housing permits in February when compared to the same month last year.

Shelby County homebuilders filed 67 permits in February, down from 73 permits in February 2013 but up slightly from 64 permits filed in January, according to real estate information company Chandler Reports, www.chandlerreports.com.

90. University of Memphis Provost Kicks Off President Interviews -

David Rudd began with the obvious this week, as the four finalists to become the next president of the University of Memphis began individual sessions with faculty, students and staff at the city’s largest institution of higher education.

91. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

92. Federal Reserve Report On Memphis Area Issued -

A Federal Reserve report shows economic conditions in the housing sector in the Memphis area are healthy, but the employment market can do better.

The Federal Reserve in St. Louis released its quarterly Burgundy Books last week, examining economic conditions St. Louis, Little Rock, Louisville and Memphis.

93. What’s Your Retirement Status? -

Ray’s Take: What are your thoughts about contributions to a 401(k), an IRA or any other tax-qualified investment vehicle? Are you thinking about the “right now” advantage of a tax break or are you thinking long term about what kind of life you would like to live in retirement?

94. 2014 Home Sales Off to Slow Start -

Shelby County home sales were up in February when compared to the same month last year but not enough to overcome January’s sluggish start, according to real estate information company Chandler Reports.

95. Global Ministries Pays $12 Million for Serenity Towers -

An affiliate of Cordova-based Global Ministries Fellowship has paid $12 million for the Serenity Towers retirement center at 400 S. Highland St.

96. City Mid-Year Budget Clean Up Totals $48 Million -

With lots of questions, the Memphis City Council approved Tuesday, March 4, a “mid-year clean-up” budget resolution that includes shifting $48 million in city funds.

While many of the transfers are revenue-neutral transactions for accounting purposes, the shift also includes moving $1 million to pay for continued testing of the Memphis Police Department’s rape kit backlog.

97. Lot Dearth Problematic for Builders -

A dwindling supply of developed lots could threaten the nascent local homebuilding rebound, according to homebuilders.

“It’s going to eventually sidetrack the recovery because there’s not enough lots being developed to replace the supply,” said Charles Morgan of Vintage Homes LLC.

98. City Mid-Year Budget Clean-Up Totals $48 Million -

With lots of questions, the Memphis City Council approved Tuesday, March 4, a “mid-year clean-up” budget resolution that includes shifting $48 million in city funds.

While many of the transfers are revenue-neutral transactions for accounting purposes, the shift also includes moving $1 million to pay for continued testing of the Memphis Police Department’s rape kit backlog.

99. Council Weighs Conflicting Liability Numbers, Approves Mall Plan -

Memphis City Council members cleared much of their committee calendar Tuesday, Feb. 4, to talk for four hours about specifics of the city’s pension fund liability crisis.

The discussion with Tennessee Comptroller Justin Wilson, Tennessee Treasurer David Lillard and consultants from four actuarial firms was aimed at trying to define the specifics of the problem, see if there is agreement on some of the numbers and better explain the differences.

100. Council Weighs Conflicting L:iability Numbers, Approves Mall Plan -

Memphis City Council members cleared much of their committee calendar Tuesday, Feb. 4, to talk for four hours about specifics of the city’s pension fund liability crisis.

The discussion with Tennessee Comptroller Justin Wilson, Tennessee Treasurer David Lillard and consultants from four actuarial firms was aimed at trying to define the specifics of the problem, see if there is agreement on some of the numbers and better explain the differences.