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Editorial Results (free)

1. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

2. This week in Memphis history: October 17-23 -

2013: Standing at the corner of Farrington Street and Hollowell Avenue in Riverside, District Attorney General Amy Weirich announced the city’s first no gang zone aimed at the Riverside Rolling 90s Crips gang.

3. Commission Moves Past First Partisan Divide -

As quickly as it surfaced, the Shelby County Commission’s first partisan divide of their term of office appeared to subside Monday, Oct. 13.

With little discussion, commissioners approved chairman Justin Ford’s slate of committee assignments for the next year.

4. Commission Approves Committee Slate -

With very little discussion, Shelby County Commissioners approved Monday, Oct. 13, chairman Justin Ford’s slate of committee assignments for the next year.

5. Acura of Memphis Owner Buys Dealership, Land -

2611 Ridgeway Road, 6055-6085 Acura Cove
Memphis, TN 38119
Sale Amount: $12.4 million

6. Three Companies Seek PILOTs for Projects -

Three companies – including a wing of Memphis-based FedEx – are considering investing more than $25 million in Memphis for new distribution operations that would create 272 new jobs.

“It's always good to see FedEx expanding and the other two projects appear to be new to Memphis,” said Kemp Conrad, principal of Cushman & Wakefield/Commercial Advisors. “This balanced growth is encouraging and we expect more good news later in the fourth quarter."

7. The Horizon Sells to Mississippi Developer for $13.5 Million -

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

8. Commission’s First Partisan Challenge Lingers -

Shelby County Commissioners appeared last week to be on the way to putting behind them their first political controversy of their term of office.

Six of the seven Democratic commissioners along with Republican commissioner Steve Basar voted last month to delay the slate of committee assignments made by new chairman Justin Ford.

9. Acura of Memphis Owner Buys Dealership, Land -

The owner of Acura of Memphis has paid $12.4 million for the East Memphis dealership and 25 acres of land.

Umansky Properties AOM LLC – led by Danny Umansky of Umansky Auto Group, which includes Acura of Memphis, Acura of Jackson, Tenn., and Wolfchase Hyundai – bought the properties in an Oct. 1 warranty deed from Tameron Properties Memphis LLC.

10. Central Centennial -

Central Station is 100 years old, an age that most train stations never reach. And if they do, they get there with some really harrowing years in mid-life.

The landmark at South Main Street and G.E. Patterson Drive marked its centennial this month with hundreds of people taking a look around the now recovered and renovated station as well as Amtrak trains and Canadian National railroad locomotives on the tracks that run by the station.

11. November Council Vote On Pension Reform Likely -

Memphis City Council members again delayed final votes on a set of ordinances that would change pension benefits for city employees.

The delay Tuesday, Oct. 7, on third and final reading of several pension ordinances was expected. The items are now on the Oct. 21 council agenda, but council members expect there will not be a vote then either and city Chief Administrative Officer George Little said the administration can live with a further delay.

12. All Shook Up -

FedEx founder, chairman and chief executive officer Frederick W. Smith penned a memo in 1987 outlining his desire for the Memphis-based shipping giant to develop ways to assist customers in shipping their packages, including making sure packages arrived undamaged.

13. Council Delays Pension Action, Broods Over 'Key Members' Designation -

Memphis City Council members debated who is a “key member” of the body Tuesday, Oct. 7, as they delayed action on changes to city employee pensions into November.

The delay on third and final reading of several pension ordinances was expected. The items are now on the Oct. 21 council agenda. But council members expect there will not be a vote then either and city Chief Administrative Officer George Little said the administration can live with a further delay.

14. Acura of Memphis Owner Buys Dealership, Land -

The owner of Acura of Memphis has paid $12.4 million for the East Memphis dealership and 25 acres of land.

Umansky Properties AOM LLC – led by Danny Umansky of Umansky Auto Group, which includes Acura of Memphis, Acura of Jackson, Tenn., and Wolfchase Hyundai – bought the properties in an Oct. 1 warranty deed from Tameron Properties Memphis LLC.

15. McNeill Seeks Permits for Germantown Medical Offices -

1432 Kimbrough Road and 1468 Kimbrough Road
Germantown, TN 38138
Project Cost: $2.6 million

16. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

17. Parting Thoughts -

Wade Bolton had a lot on his mind when he drafted his will in 1868.

Most of it had to do with a violent feud between his family and the Dickins family in which he was ultimately one of the victims of the violence – shot and fatally wounded in Court Square, less than a year after writing the will.

18. Editorial: Hotel Growth Part of City’s Story -

We seem to have settled the chicken-and-egg argument about more hotel rooms in Memphis.

And with financing now available, here come the rooms and with them opportunities beyond the question about which comes first – hotel rooms or more conference and meeting space.

19. Olive Branch Business Park Closer to Development -

A Texas-based development firm could start turning dirt soon on a massive new business park in Olive Branch.

Hillwood Investment Properties is expected to close on a land purchase next week that will clear the way for Legacy Park, a 265-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

20. Fieldstone Apartments Owner Files Loan -

The owner of the 324-unit Fieldstone Apartments in the Southwind area has filed a loan on the property.

Fieldstone Apartments I LLC acquired a $13.5 million loan from Magna Bank for the apartment community at 3333 Hacks Cross Road, according to a Sept. 29 multifamily deed of trust. Michael A. Lightman is the registered agent for Fieldstone Apartments I LLC.

21. FedEx Delivers Service to Memphis Causes -

Robin Hicks, communications adviser for FedEx Trade Networks, arrived at the Lucius Burch Natural Area at Shelby Farms Park last week and made her way through the vegetation to the Wolf River.

22. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

23. Accredo Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

24. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

25. Real Estate Experts Look at Impact of North Mississippi -

Six years after the real estate bubble burst nationally, the recovery of the commercial and residential sectors in Memphis is slower than in other parts of the country. But they are recovering on their own new terms, say the incoming president of the Memphis Area Association of Realtors, the president of the West Tennessee Home Builders Association and a mortgage lender.

26. Century Center Land Sold for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

27. RiverFit Activities Planned for Saturday -

Several activities are planned at the Memphis Grizzlies Riverfront Fitness Trail and Pop-Up Park at Tom Lee Park this weekend.

28. Century Center Land Sells for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

29. Singing Mechanic’s Life Much Like the Songs He Sings -

The Singing Mechanic – “I’ve got that name. Nobody else can use it,” says Billy Devereaux – sits by his worn, 1,200-square-foot, two-room cottage and looks down at Boots, his Dutch Shepherd.

“He’s a possum killer and he runs security,” says Billy, 55, gazing across the swath of remote land separated by a long gravel trail from Smith Springs Road in Antioch.

30. Airport Authority Approves RedRover Contract -

Memphis International Airport should have a new team of storytellers on board.

The Memphis-Shelby County Airport Authority board voted Thursday, Sept. 18, to engage Memphis-based RedRover Co. LLC to help craft a multi-platform communications and image campaign for Memphis International, which is transitioning from a Delta Airlines hub to an origin-and-destination airport.

31. Southern Airways Moving Hub to Memphis International -

Southern Airways Express is moving its primary hub from Olive Branch Airport in DeSoto County to a private terminal located at Memphis International Airport.

The move, announced Tuesday, Sept. 16, will be effective Oct. 1 and is the result of customer needs and a recently completed deal with Signature Flight Support.

32. Plans for Site of Closing International Paper Mill are Uncertain -

COURTLAND, Ala. (AP) – A year after International Paper announced that it would close a north Alabama mill because of declining demand, there's much uncertainty about the site's future.

33. Dedric Lawson Joining Tigers a Year Early -

Dedric Lawson, a 6-foot-8 forward, has said he will reclassify and come to the University of Memphis in 2015 instead of 2016, according to an ESPN.com report.

34. Real Estate Road Show on Tap Wednesday -

The next Shelby County Real Estate Road Show to promote Shelby County’s Tax Sale and Land Bank will be Wednesday, Sept. 10.

35. Walnut Hill Apartments Sells for $28 Million -

8920 Walnut Grove Road
Cordova, TN 38018
Sale Amount: $27.9 million

Sale Date: Aug. 28, 2014
Buyer: IRT Walnut Hill Apartments Owner LLC
Seller: 30 California-based limited liability companies
Details: The 324-unit Walnut Hill Apartments in Cordova has sold for $27.9 million to an entity affiliated with Philadelphia-based RAIT Financial Trust.

36. Bloodworth: Greenways Increasing Residential Values -

The Memphis region’s existing 50 miles of greenways, paths and trails are responsible for some increase in property values, particularly residential property, says Rusty Bloodworth, vice president of Boyle Investment Co. and past chairman of the Urban Land Institute’s Memphis chapter.

37. Sale-Leaseback Transactions Explained -

Many free-standing retail buildings are leased as a result of a “sale-leaseback,” when a retail company performs their own store development function.

What does sale-leaseback mean?

38. Stepherson Named Chair-Elect of Grocers Association -

Randy Stepherson has been named 2014-2015 chairman-elect of the Tennessee Grocers & Convenience Store Association board of directors. Stepherson is president of Stepherson Inc., the family- and employee-owned parent company of Superlo Foods, which has five Memphis-area locations, and Stepherson’s.

39. FedEx Building New Distribution Center in Louisiana -

COVINGTON, La. (AP) – Land is being cleared in St. Tammany Parish for a 175,000 square-foot distribution center for Federal Express.

Parish Economic Development Director Don Shea tells The Times-Picayune construction is expected to begin this fall and take about 15 months.

40. Council to Review Alternative Health Plan -

Memphis City Council members Tuesday, Sept. 2, talk over a proposed high-deductible health insurance plan that would restore health benefits for city employees and retirees.

The 1:30 p.m. executive session discussion by the full council is the first since the leaders of the Memphis Fire Fighters Association pitched the plan at a health insurance oversight committee session in July.

41. Greenprint Advocates Tout Range of Benefits -

After being lampooned for years as one of the worst metro areas in the country for bicyclists and pedestrians, the Memphis region is poised to make a huge leap forward in developing a regional greenway and trail system.

42. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

43. 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.

44. 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.

45. Tennessee Now Seeks to Renovate Cordell Hull Building -

NASHVILLE (AP) – Gov. Bill Haslam's administration is backing off earlier plans to demolish the 60-year-old Cordell Hull office building located next to the state Capitol in Nashville and instead hopes to renovate it.

46. Circle K Files Permit for Winchester Store -

Circle K Stores has filed a $1.1 million permit with the city-county Office of Construction Code Enforcement for a store at 9113 Winchester Road in Germantown.

47. Slogan Sets Bar High for Tigers -

Senior running back Brandon Hayes knows the Tigers were “close” in a lot of games last season, even though the final result was a 3-9 record.

48. Graceland Manager Maps Global Outposts -

The recession and changes over the last nine years in the companies owning 85 percent of Elvis Presley Enterprises played a role in delaying plans for the expansion of Graceland into a 120-acre campus in Whitehaven.

49. Doug Carpenter & Associates Still Growing Four Years On -

Even before her recent graduation from the University of Texas at Austin, Cara Greenstein had been keeping an eye on her hometown of Memphis, paying attention to job opportunities, looking for the right place to land.

50. 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.

51. Developer Tries Again for Highland McDonald’s -

The developer behind a proposed McDonald’s on Highland Avenue near the University of Memphis is making another attempt at the project.

According to the most current site plan, the 5,353-square-foot restaurant building is situated along the sidewalk on Highland and a looping drive-thru proposed earlier has been replaced with one that runs along the eastern side of the building.

52. Developers Try Again on Proposed Highland McDonald's -

The developer behind a proposed McDonald’s on Highland Avenue near the University of Memphis is making another attempt at the project.

The University Neighborhood Development Corp. is hosting a meeting Thursday, Aug. 14, with representatives of the development team to discuss a new site plan for the proposed restaurant. The meeting is scheduled for 6 p.m. at St. Luke’s United Methodist Church.

53. Graceland Expansion Ready to Rock -

After nine years of different ownership and talk of a $250 million expansion beyond Elvis Presley’s mansion, the revitalization of Graceland into a 120-acre campus gets underway Thursday, Aug. 14.

54. Memphis in May to Honor Poland in 2015 -

The Memphis in May International Festival will honor Poland during the 2015 month-long festival.

Festival organizers announced the honored country Tuesday, Aug. 12, at the organization’s annual meeting at the Memphis Botanic Garden.

55. Commission Approves School Facilities Study -

Shelby County Commissioners approved Monday, Aug. 4, a $1.8 million school facilities study to be conducted by Shelby County Schools.

And the commission approved a resolution asking Tennessee legislators to change laws on the approval of land use and zoning changes within five miles of the Memphis city limits. The change would make the Shelby County Commission the only body needed for approval. Currently, such changes within the 5-mile limit also require approval of the Memphis City Council.

56. PILOT Incentives Go Before City Council -

The incentives used to attract companies to the city and county or retain existing jobs got a hearing before a Memphis City Council committee Tuesday, Aug. 5.

In the ultra-competitive world of economic development, incentives can tip the scales in favor of Memphis and Shelby County, said Reid Dulburger, president and CEO of the city-county Economic Development and Growth Engine.

57. PILOT Incentives Go Before City Council -

The incentives used to attract companies to the city and county or retain existing jobs got a hearing before a Memphis City Council committee Tuesday, Aug. 5.

In the ultra-competitive world of economic development, incentives can tip the scales in favor of Memphis and Shelby County, said Reid Dulburger, president and CEO of the city-county Economic Development and Growth Engine.

58. Greenway Grants Program Seeks Applicants -

Money is available. There just aren’t many people asking for it. “That has been a problem in the past,” said Alice Hudson, director of development for the Tennessee Parks and Greenways Foundation, also known as TennGreen. “So far this year, we’ve only received one application.”

59. Graceland Campus Financing Relies on Tight Boundaries -

When Elvis Presley Enterprises breaks ground next week on the $75 million, 450-room hotel-resort it will build north of Graceland mansion, it will be the beginning of crossing something off the company’s wish list since Elvis Presley’s mansion opened for tours in the early 1980s.

60. Problem Property -

The city of Memphis and the Downtown Memphis Commission suffered a stinging setback this week in their quest to rid a key section of Main Street of a deteriorating eyesore, one that has survived multiple attempts to be sold and defied repeated orders to clean up.

61. Commission Approves School Facilities Study -

Shelby County Commissioners approved Monday, Aug. 4, a $1.8 million school facilities study to be conducted by Shelby County Schools.

And the commission approved a resolution asking Tennessee legislators to change laws on the approval of land use and zoning changes within five miles of the Memphis city limits. The change would make the Shelby County Commission the only body needed for approval. Currently, such changes within the 5-mile limit also require approval of the Memphis City Council.

62. County Commission Asks for Federal Election Monitors -

Shelby County Commissioners voted Monday, Aug. 4, to ask U.S. Attorney Ed Stanton to monitor Thursday’s election in Shelby County.

The commission approved the resolution after attorney and former Shelby County Commissioner Julian Bolton said there have been “serious” irregularities already during the early voting period. And Bolton cited problems in past elections.

63. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

64. Graceland Area Could Have Its Own Industrial Development Board -

A proposed Graceland Tourism Development Zone would have its own industrial development board under a proposal the administration of Memphis Mayor A C Wharton Jr. will take Tuesday, Aug. 5, to the Memphis City Council for discussion.

65. County Commission Weighs End of Term Items -

At the next to last meeting of their four-year terms of office, Shelby County commissioners will be dealing with some items that have been on the wish lists of individual commissioners for years in some cases.

66. Graceland Industrial Development Board Proposed -

A proposed Graceland Tourism Development Zone would have its own Industrial Development Board under a proposal the administration of Memphis Mayor A C Wharton Jr. will take Tuesday, Aug. 5, to the Memphis City Council for discussion.

67. Memphis Chamber's Strickland Awarded Scholarship -

The American Chamber of Commerce recently awarded a scholarship to Ernest Strickland, director of economic development of the Greater Memphis Chamber.

68. 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.

69. Wharton Sticking to Budget Plan Without Tax Hike -

Memphis Mayor A C Wharton Jr. knows there’s a push coming for a city sales tax hike referendum to reverse health care insurance cuts approved by the Memphis City Council in June.

He knows that because he was at the meeting with municipal union leaders Tuesday, July 23, in which those hosting the meeting, the Memphis chapter of the Southern Christian Leadership Conference, said they back the union leaders’ call for the referendum. And they are expected to take that call to the council next month.

70. Grizzlies Promote Wexler to Business Operations President -

The Memphis Grizzlies have promoted Jason Wexler to president of business operations of the team and FedExForum.

The new position gives Wexler primary leadership responsibility for all aspects of the business, including ticket sales and service, arena operations, corporate partnerships, marketing communications and broadcast, community investment and general operations.

71. Regional One Health Expands Footprint -

In the last year, Regional One Health has added about 100 employees and its new name.

Of course, for about three decades it was known as The Regional Medical Center at Memphis – or simply The MED. That officially changed back on Feb. 26 when Regional One Health became the new name for the Shelby County Health Care Corp. and the “umbrella” name for the hospital.

72. Chamber Launches PILOT Education Campaign -

Memphis economic development officials wasted little time launching an information campaign about Memphis and Shelby County’s primary business incentive program.

On July 16, less than a month after the Memphis City Council adopted a budget that included deep cuts to employee and retiree benefits, the Greater Memphis Chamber posted a video exploring how the payment-in-lieu-of-taxes incentive program works and why it is needed.

73. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

74. 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.

75. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

76. More Than Delta -

MESSAGE FROM HOME. A while back – right after I wrote a column blasting Delta, the Airport Authority and Garage Gargantua – I was invited to tour the airport and learn a thing or two or 50 about where so much of what and where we are takes off and lands every day.

77. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

78. Primacy Parkway Office Building Sells for $7 Million -

6060 Primacy Parkway
Memphis, TN 38119
Sale Amount: $6.9 million

Sale Date: June 27, 2014
Buyer: LSREF2 Newton LLC
Seller: Hub Properties Trust
Details: The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

79. Memphis Immigration Reform Discussion Quiet But Complex -

As much of the national attention in the immigration reform debate was focused last week on Washington and protests in Southern California and Texas, a group of local leaders made the case for immigration reform in Memphis with much less attention.

80. Bragging Rights -

HOOVER, Ala. – Before he was done, Southeastern Conference commissioner Mike Slive would quote Muhammad Ali, Dwight D. Eisenhower, Winston Churchill and Nelson Mandela, stump for the league’s new television network, and remind the world that the “autonomy of the SEC and the other four conferences” is really all that matters.

81. Company Buys 30 Acres Of Land for $1.3 Million -

An affiliate of Lakeland-based real estate company WESSCORP Communities has paid $1.3 million for about 30 acres of vacant land in Northeast Memphis near Arlington.

The entity known as The Charleston HL Apartment Community LLC bought the two parcels – one totaling 29.6 acres and one totaling 0.1 acres – in a June 30 special warranty deed from First Alliance Bank.

82. Wright Taking UAM to New Heights -

When Keri Wright was a little girl, her dad built an airplane out of plywood and fitted it with controls and switches, and she and her brother would play in the plane next to their sandbox.

As she grew older, the family went to an airshow every summer in Oshkosh, Wis., and Wright loved watching the F-16 fighter jets zoom overhead.

83. Changing Landscape -

It’s been confusing from a distance.

The formal groundbreaking for Shelby Farms Park’s $70 million “Heart of the Park” improvements, including an expansion of Patriot Lake, came the same week last month the Memphis City Council voted to delay for one year the city’s portion of funding for the Shelby Farms Parkway.

84. After the Flood -

When the flood water and debris from Nonconnah Creek receded last week from the Wheel Estate Mobile Home Park on East Brooks Road, it exposed a set of familiar issues for such properties in Memphis.

85. Square Entertainment -

Everything about the redevelopment of Overton Square followed a script.

But weather, or bad weather for that matter, can wreak havoc on the best-laid plans.

After acquiring Overton Square and spearheading construction and leasing, landlord Loeb Properties wanted to activate the revived entertainment district with programming that would draw people to the revitalized district.

86. Addison at Collierville Owner Files $17 Million Loan -

400 Orchard Circle
Collierville, TN 38017
Loan Amount: $16.8 million

Loan Date: July 1, 2014
Maturity Date: July 1, 2021
Borrower: G&I VII Addison at Collierville LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

87. Economic Development Growth Engine Looks to Make PILOTs More Effective -

For years, the payment-in-lieu-of-taxes incentive used to recruit or retain jobs in Memphis and Shelby County has been a lightning rod for criticism, particularly from municipal labor unions who view the incentives as corporate welfare that erodes the tax base.

88. ‘Significant Headwinds’ -

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

89. Linkous Construction Never Wavered in Face of Recession -

As the real estate crash and Great Recession battered the construction industry, the leadership at Linkous Construction Co. made a strategic decision to keep its team intact and maintain the level of service the general contracting and construction management firm had become known for.

90. A Wise Sports Fan Appreciates the Journey -

So what does Team USA’s soccer experience and the Memphis Grizzlies experience have in common?

You know, besides the obvious – playing against a bunch of floppers/whiners, be they from Portugal or Lob City?

91. Problem Solvers -

Rick Smith is director of property management for Finard Properties, the commercial real estate firm that owns and manages properties such as the landmark Poplar Plaza shopping center at Poplar Avenue and Highland Street.

92. Cypress Realty Files $7 Million Construction Loan -

Cypress Realty Holdings Co. has filed a $7 million construction loan for a medical office building on Wolf River Boulevard in Germantown.

93. Charlotte Firm Buys Mendenhall Warehouse -

4517 S. Mendenhall Road
Memphis, TN 38141
Sale Amount: $1.4 million

Sale Date: June 24, 2014
Buyer: TKC CLXXIX LLC
Seller: Tenn Thom Realty LLC
Loan Amount: $1.1 million
Loan Date: June 24, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

94. University of Memphis Plans New Recreation Center -

The University of Memphis Student Government Association has approved a fee increase to fund construction of a new student recreation and fitness center.

The 192,500-square-foot center will be along Southern Avenue north of the existing center. Construction will be done in three phases, with the center scheduled to open in 2018. The $62 million center will be funded by a student fee increase of $307 for the 2014-2015 school year.

95. Editorial: Park Should Be Place to Unify Community -

There is something about an economic impact study of a 4,500-acre park that at first glance seems out of place.

But given the recent travels of Shelby Farms Park through our local political machinery, further proof of the park’s worth is still needed.

96. Schadt Reflects on ArtsMemphis Time, Looks Ahead -

Thirteen years is a long time to do one job and do it well, which explains why Susan Schadt already talks with an air of wistfulness about her imminent departure as president and CEO of ArtsMemphis at the end of this year.

97. Grizzlies Hope Upheaval Leads to Draft Unity -

MEMPHIS (AP) – The Memphis Grizzlies hope the recent tumultuous turnover in their front office translates into a solid, unified draft Thursday night.

For now, the team only has to concentrate on one pick – the 22nd overall – and the opportunity to add selections.

98. New Nonprofit Charts Role in Blight Fight -

The bulldozer went straight for the leasing office of the former Spanish Oaks apartments on Cazassa Road near Memphis International Airport.

Meanwhile another bulldozer across the two-lane road was deep into demolishing a set of buildings in the old Winchester Park apartments.

99. University of Memphis Plans New Recreation Center -

The University of Memphis Student Government Association has approved a fee increase to fund construction of a new student recreation and fitness center.

The 192,500-square-foot center will be along Southern Avenue north of the existing center. Construction will be done in three phases, with the center scheduled to open in 2018. The $62 million center will be funded by a student fee increase of $307 for the 2014-2015 school year.

100. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.