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Editorial Results (free)

1. Wright Medical Investing in Arlington -

Just months after relocating its corporate headquarters to Memphis, Wright Medical Group Inc. is planning a $4.3 million expansion of its manufacturing and distribution operations in Arlington.

2. 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.

3. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

4. This week in Memphis history: April 4-10 -

2013: The Memphis Soul concert in the East Room of the White House featuring Sam Moore and Justin Timberlake.

5. Race Judicata 5K To be Held Saturday -

The Race Judicata 5K fundraiser for Memphis Area Legal Services will be held Saturday, April 5, at 5 p.m. at Downtown’s Mississippi River Park.

The annual race is hosted by the Student Bar Association at the University of Memphis Cecil C. Humphreys School of Law.

6. Events -

National Civil Rights Museum will host a community day and grand reopening Saturday, April 5. The event includes a 9:30 a.m. Freedom Forward Parade from Cook Convention Center to the museum, 450 Mulberry St. Visit civilrightsmuseum.org.

7. Race Judicata 5K to be Held Saturday -

The Race Judicata 5K fundraiser for Memphis Area Legal Services will be held Saturday, April 5, at 5 p.m. at Downtown’s Mississippi River Park.

The annual race is hosted by the Student Bar Association at the University of Memphis Cecil C. Humphreys School of Law.

8. Events -

National Civil Rights Museum will host a candlelight vigil honoring the life of Dr. Martin Luther King Jr. Friday, April 4, from 6 p.m. to 8 p.m. in the museum courtyard, 450 Mulberry St. Cost is free. Visit civilrightsmuseum.org.

9. Events -

Memphis Mayor A C Wharton Jr. and Memphis Medical Center partners will host Spring at the Park Thursday, April 3, from 11 a.m. to 3 p.m. at Health Sciences Park, at the corner of Madison Avenue and Dunlap Street. The event will include arts performances, food trucks and vendors. Cost is free. Call 576-7185.

10. Events -

Kiwanis Club of Memphis will meet Wednesday, April 2, from noon to 1 p.m. at The University Club of Memphis, 1346 Central Ave. National Civil Rights Museum president Beverly Robertson will speak. Cost is $18 for nonmembers.

11. ULI Memphis Hosting Event in Innovation District -

The Urban Land Institute Memphis chapter is hosting its first Innovation District event Thursday, April 3, at Health Sciences Park at Madison Avenue and Dunlap Street. The event, which will run from 11 a.m. to 3 p.m., will include performances by Hattiloo Theatre, New Ballet Ensemble & School and Watoto De Afrika, and food trucks will be on hand.

12. March 21-March 27: This week in Memphis history -

1994: Pearl Jam at the Mid-South Coliseum with Kings X opening.

1974: On the front page of The Daily News, the Bureau of Business and Economic Research at Memphis State University was seeing indications of the national recession with a “mixed” set of indicators from January in the form of a continuing decline from a year earlier in new car sales. Durable goods employment showed a loss of 200 jobs. Manufacturing employment was unchanged. The local unemployment rate was 2.9 percent.

13. CB Richard Ellis Brokers Four Multifamily Sales -

The multifamily group at CB Richard Ellis Memphis has closed on the sale of four properties in the Memphis market over the last several weeks.

Briar Club Apartments, a 272-unit apartment community constructed in 1985, sold for $8.7 million, or $32,093 per unit. Cinnamon Trails Apartments, a 208-unit apartment community constructed in 1989, sold for $8.6 million, or $41,461 per unit. respectively. CBRE Memphis represented the sellers, Briar Apartments LLC and Cinnamon Apartments LLC in the sale to New York based Briar Club LLC and Cinnamon Trail LLC.

14. Hilton Garden Inn Planned for Former Bus Station -

A Knoxville-based hospitality company has closed on the purchase of the vacant Greyhound facility Downtown and will transform the property into a Hilton Garden Inn.

Turkey Creek Hospitality completed the $1.7 million purchase of the 1.3-acre property Tuesday, March 18, and will bring a 140-room Hilton Garden Inn to the heart of Downtown Memphis. Hank Martin and Elliot Embry with NAI Saig Co. represented Greyhound Lines Inc. in the transaction.

15. City Pension Change Outlined for 2015 -

The administration of Memphis Mayor A C Wharton Jr. made its formal proposal of a “long-term solution” and change in the city’s pension plan to a 401(k) style plan this week with specific terms Wharton has long said would be included.

16. City Council Continues Pension Talks -

Memphis City Council members continue their discussions Tuesday, March 18, about the city’s unfunded pension liability as well as possible changes in city employee heath care benefits.

But there is still no action on any part of the issues on the council agenda for a vote.

17. Pets Get the Hollywood Treatment at Growing Chain -

Shawn McGhee grew up on a farm in Southern California with sheep and cattle and “a dozen dogs, a dozen cats, running loose.”

18. U of M Finalists Include Three Provosts -

The group of four finalists to become the next president of the University of Memphis includes three provosts including the university’s current provost and one former university president.

The four finalists were named last week by a search committee to the Tennessee Board of Regents, which should make its decision in the spring with the goal being to name a new president for the city’s largest institution of higher education in time for whoever is selected to begin their duties in July.

19. Seeking Collaboration -

The debate over which development projects should be public or public-private efforts could intensify in the coming months as the city of Memphis explores multiple redevelopment plans.

Memphis Mayor A C Wharton Jr. said if the city, which is facing strong financial headwinds, hopes to attract investment, it must sometimes help jump-start developments in areas that the private sector may otherwise be hesitant to enter.

20. MalmoMemphis Completes Three Law Firm Leases -

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

21. Hampline Recalls Overton Park Interstate Plans -

In a city with lots of markers and monuments showing where historic events happened, there is an increasing amount of attention to a different kind of Memphis historic event.

And it involves something that did not happen – the interstate that was supposed to go through Overton Park 50 years ago but was first delayed and then stopped for good in a U.S. Supreme Court ruling 43 years ago this coming Sunday.

22. Businessman Berger Tosses Hat Into Political Ring -

Memphis businessman Taylor Berger was thinking about it pretty much until the last minute Tuesday, Feb. 18, when he pressed send on an email that announced his intention to run for a seat on the Shelby County Commission.

23. Loeb Files $2 Million Loan on Park Place -

The Loeb Properties affiliate that owns Park Place Centre at Park Avenue and Ridgeway Road has filed a $2 million loan on the property.

Park Place Memphis LLC filed the deed of trust and security agreement and fixture filing statement (second priority) Feb. 13 through Thrivent Financial for Lutherans. Loeb vice president Earl Williams signed the trust deed on behalf of the borrower.

24. CDC Leaders Have Challenges in Communities -

Community development corporations are designed to help create more housing in areas where investors and banks might not normally invest without incentives.

But the CDCs, as they are known, are increasingly in the business of adding business development to the housing in a combination of community building.

25. FedExForum Area Targeted for Apartments -

Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.

An Elmington-affiliated company plans on building a 64-unit apartment complex at 362 S. Second St., south of FedExForum.

26. Arc de Overton -

The bicycle arch on the eastern side of Overton Park should be installed Saturday, Feb. 8, where Sam Cooper Boulevard dead-ends into East Parkway.

27. Bike Arch Construction Moves to Overton Park -

Construction of the bicycle gateway connecting trails in Overton Park to the Broad Avenue connector, and from there to the Memphis Greenline, moved Monday, Feb. 3, to the park itself.

The bicycle sculpture where Sam Cooper Parkway dead ends at East Parkway is an arch consisting of more than 300 bicycles donated to the cause. Sculptor Tylur French had a large part of the arch ready to move to the park Monday morning using a 20-ton crane. During the week, French will add 85 more bicycles to the piece from a staging area in the park.

28. Last Ike’s Store Closing Saturday -

It will be the end of an era when the Ike’s store at Eastgate Shopping Center closes Saturday, Feb. 2.

When the East Memphis store closes its doors for good, the Ike’s brand will be gone.

29. Last Ike’s Store Closing Saturday -

It will be the end of an era when the Ike’s store at Eastgate Shopping Center closes Saturday, Feb. 1.

When the East Memphis store closes its doors for good, the Ike’s brand will be gone.

30. Heritage Trail Financing Plans Change -

The city of Memphis is making changes in its plans to finance two housing developments that are part of the broader Heritage Trail plan for redevelopment of the area south of FedExForum and into South Memphis.

31. County Commission Weighs Fairgrounds Opposition -

The relationship between city and county governments long has included overlapping interests with sometimes opposing positions on those interests.

Throw in years-old agreements involving real estate, and you have a recipe for uncertainty about how to resolve the differences to meet new arrangements.

32. Call Center ‘Gratifying’ for Local Office Sector -

Conduit Global’s announcement this week that it is locating a call center in Shelby County that will employ 1,000 people was a breath of fresh air for local office real estate professionals.

33. Midtown Medical Office Building Sells for $2.6 Million -

A partnership of two Utah-based companies has acquired a medical office building on Union Avenue near Overton Square.

Trivalis LLC and Novalis LLC, both based in Utah, acquired the medical office building built in 1967 at 2076 Union Ave., next door to the IHOP restaurant, for $2.6 million. The property, at the corner of Union Avenue and Florence Street, was appraised at $1.3 million in 2013, according to the Shelby County Assessor of Property’s office. The sellers, Missouri-based Roundabout Real Estate LLC and Visual Projects LLC, acquired the property in 2008 for $2 million.

34. Wright Signs Lease for East Memphis Headquarters -

After months of planning, Wright Medical Group Inc. has signed the lease for its new headquarters and is in the process of moving to the wooded office campus at Park Avenue and Cherry Road in East Memphis.

35. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

36. Editorial: Make Roads Work for Our Communities -

Where roads are built, development follows.

Sometimes the roads are built in anticipation of development. Sometimes they are built to spur development.

It is fair at times to question which comes first.

37. Building Capacities -

Major road and highway projects like the Interstate 269 loop, I-40/240 and the Mallory Road interchange near Frank Pigeon Industrial Park made substantial progress during 2013, with several phases of important transportation corridors wrapping up and new projects planned for 2014 and beyond.

38. Ruby Tuesday Sells Bartlett Lots for $1.1 Million -

8348 U.S. 64
Bartlett, TN 38133
Sale Amount: $1.1 million

Sale Date: Dec. 5, 2013

Buyer: 64 Kate Hyde Partners

39. Watertite Files $6.7 Million Loan on Collierville Facility -

Watertite Products Inc. has filed a $6.7 million loan on its 86,918-square-foot warehouse at 202 Industrial Park Lane in Collierville.

40. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

41. County Commission to Discuss Ballpark Property -

Two days after Memphis City Council members again delayed approval of a deal for city ownership of AutoZone Park, Shelby County Commissioners are to discuss the county’s part of the arrangement in their committee sessions.

42. Crosstown Effort Shines as Development Example -

Construction documents for the $180 million revitalization of the Crosstown building were scheduled to be finished Friday, Dec. 6, with the project moving toward closing and construction in the next months.

43. University of Memphis Begins Presidential Search -

A search committee seeking the next president of the University of Memphis plans to have a set of finalists for the position by March.

A town hall meeting on the campus of the University of Memphis Wednesday, Dec. 4, formally began the search for a permanent successor to Dr. Shirley Raines, who retired in July.

44. Soulful Synergy -

What happened at the corner of McLemore Avenue and College Street in the 1960s is nothing short of extraordinary.

At the crossroads of segregated neighborhoods in South Memphis, two white business partners would open the doors wide to whites and blacks alike, who congregated to write and record songs that would set off a soul explosion heard around the world.

45. Wolf River Greenway Part of Transportation Funding -

Plans for a fifth leg of the Wolf River Greenway in North Memphis are getting $271,305 in state funding awarded through the local Metropolitan Planning Organization.

The 1.5-mile segment along McLean Boulevard from Nedra Avenue to Chelsea Avenue is part of the list of 15 “transportation alternatives” projects totaling $2.6 million announced this week by the MPO, a regional planning organization that takes in Shelby and DeSoto counties, and parts of Fayette and Marshall counties.

46. Lauries’ Gift Critical to University Campaign -

The new Loewenberg School of Nursing on the University of Memphis’ Park Avenue campus is already taking shape as 2013 comes to an end.

And more changes for a campus that has remained largely the same for a long time are certain to gain momentum with this week’s announcement of a $10 million gift by Bill and Nancy Laurie to University of Memphis athletics.

47. Lauries Donate $10 Million to Tiger Athletics -

A guard on the 1973 University of Memphis basketball team that played in the NCAA finals that year and his wife have made the largest gift ever to the school’s athletic department and the second largest gift ever to the school.

48. Sources: AutoZone Park Price ‘South of $24 Million’ -

The price tag for the city of Memphis to acquire AutoZone Park would be “south of $24 million,” according to two sources familiar with the negotiations.

The city’s acquisition of AutoZone Park, which opened in 2000 and helped invigorate the resurgence of Downtown Memphis, will be on the City Council’s Dec. 3 agenda.

49. Fresh Market, Whole Foods Seek Approval From Boards -

Two planned high-profile grocery stores will be seeking regulatory approval in the coming weeks.

The Fresh Market is applying for a special-use permit from the Land Use Control Board Dec. 12 to convert the existing Ike’s store on Union Avenue into one of the chains upscale grocery stores.

50. Editorial: Common Sense Says Ballpark Deal is Bad -

The good news is the St. Louis Cardinals want to buy the Memphis Redbirds.

The bad news is the city of Memphis would buy AutoZone Park in the process.

And it has to be a done deal in six weeks in which the project leaps to the head of a long and growing list of requests for city money and/or the city’s full faith and credit.

51. Kennedy’s Memphis Presence Felt 50 Years Later -

There once was a monument in a Memphis park that marked the spot where President John F. Kennedy had stood during a visit to the city in 1960 as he campaigned for the presidency.

By the marker were two distinct shoeprints that Memphians took their children to for them to stand in the slain president’s footsteps on Memphis soil.

52. Events -

Ignite Memphis, Vol. 6, will be held Tuesday, Nov. 19, from 7 p.m. to 10 p.m. at Crosstown Arts, 430 N. Cleveland St. Twelve Memphians will enlighten attendees on a variety of topics via five-minute, 20-slide presentations. Cost is $15. Visit ignitememphis.com.

53. Lead Local -

The T-shirt is plain and black with a simple logo that reads “Eat Local,” and if you see someone wearing it, the chances are pretty good they work at a locally owned restaurant.

In recent years there has been a “Buy Local” campaign among some business leaders that’s been hard to miss. Less conspicuous but still easy to find is evidence of perhaps a more influential trend – how the city is moving toward what might be called a “Lead Local” preference based on some recent changes in leadership of some of the city’s most important institutions.

54. Events -

The Downtown Memphis Commission will host an electronics recycling drive for Friday, Nov. 15, from 3 p.m. to 6:30 p.m. at the Central Station pavilion, at the corner of South Front Street and G.E. Patterson Avenue. Many items will be recycled for free. For a list of items, including those with fees, visit 5rprocessors.com.

55. AutoZone Park Deal Resurfaces at Crucial Time -

The Christmas tree in the plaza of AutoZone Park is more than a reminder of the holiday season.

The tree serves as a reminder for the tight timeframe that awaits a proposal for a city government purchase of the baseball park as the St. Louis Cardinals baseball franchise buys the Memphis Redbirds ball club, the Cardinals AAA minor league affiliate.

56. Olymbec Acquires 13-Building Bellbrook -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

57. Columbus Statue Moved to Marquette Park -

The statue of Christopher Columbus in the Downtown park named for the explorer was moved Saturday, Nov. 9, to Marquette Park in East Memphis.

Workers hired by the Italian-American organization UNICO removed the statue Saturday morning from its pedestal on the southwest corner of Third Street and Adams Avenue, where it has stood since 1987.

58. Winchester Law Firm Inks Lease at Triad Centre -

The Winchester Law Firm is moving to a new space within the Triad Centre II office building in East Memphis with a new buildout.

The law firm will occupy 5,523 square feet in the Highwoods Properties office building at 6060 Poplar Ave.

59. Barking Lot Statue to be Dedicated Saturday -

Local artist Chris Little will be at The Barking Lot Saturday, Nov. 9, from 2 p.m. to 4 p.m. to dedicate “Riley,” a 6-foot-tall concrete dog statue that stands at the entrance to the Downtown dog park.

60. Council to Talk Over Convention Center Study -

Memphis City Council members talk Tuesday, Nov. 5, about setting up a study committee with county leaders on expanding the Memphis Cook Convention Center. And the council will vote on $7.5 million in capital funding to kick off city plans to redevelop the Raleigh Springs Mall property.

61. Fresh Market Eyes Union Avenue Ike's -

By this time next year, Midtown residents could be shopping at a new Fresh Market grocery store.

The upscale grocery chain is eyeing the Union Avenue Ike's, which a Walgreen Co. representative confirmed will be shuttered.

62. East Memphis Office Market Continues To Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

63. East Memphis Office Market Continues to Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

64. Campus Connections -

The University of Memphis is in the early stages of updating its campus master plan, and it will seek input from its neighbors as it moves into its next century of higher education.

The U of M has hired the Smith Group JJR of Ann Arbor, Mich., to lead the effort with Memphis-based LRK Inc. serving as the local partner.

65. Martin Doesn’t Address Permanent Presidency Talk -

There is sentiment for University of Memphis interim president Brad Martin to drop the “interim” part of the title and become the next permanent leader of the city’s largest higher education institution.

66. Hotel REIT Transfers 3 Germantown Properties -

7750 Wolf River Parkway Germantown, TN 38138
9314 Poplar Pike Germantown, TN 38138
9320 Poplar Pike Germantown, TN 38138

67. Park Ave. Retail Center Owner Files $1.2 Million Loan -

The owner of the 10,998-square-foot retail strip center at 3477 Park Ave. near the University of Memphis has filed a $1.2 million loan on the property.

68. East Memphis Retail Center Sees Positive Lease Activity -

The Shops at Chickasaw Gardens, on Polar Avenue near the Benjamin L. Hooks Central Library, has seen good leasing activity recently.

Shark’s Fish and Chicken, an Arkansas-based restaurant chain, signed a lease for 2,330 square feet at 3183 Poplar Ave., taking the former Back Yard Burgers space. David’s Frames & Art renewed its lease for 3,080 square feet at 3151 Poplar Ave. Create A Cig, an electronic cigarette shop, will open soon at 3175 Poplar Ave.

69. Panattoni’s Speculative Warehouse Underway -

In industrial development news, construction on Panattoni Development Co.’s speculative industrial building in Marshall County, Miss., is progressing.

70. Beale Street Deal Would Pay Handy Park Debt -

The settlement of the last remaining item in the bankruptcy petition of Beale Street developer Performa Entertainment hasn’t gone by any of the scripts the administration of Memphis Mayor A C Wharton Jr. has written and rewritten.

71. Council Approves Beale Deal, Delays Highland McDonald's -

Memphis City Council members sent a plan Tuesday, Oct. 15, to settle the last barrier to direct day to day city control of the Beale Street entertainment district to a federal bankruptcy judge.

The council approved a resolution that would use $400,000 from a dormant city fund related to the abandoned Midtown interstate corridor and $100,000 in revenues it has collected from the Beale Street district to pay off a loan Beale Street developer John Elkington took out for improvements he made to Handy Park.

72. City Council to Vote on Bonds, Review Land Swap -

Memphis City Council members this week take up $375 million in refunding bonds and general obligation bonds, and discuss a land swap with Church of the River for access to a boardwalk on the Harahan Bridge across the Mississippi River.

73. Events -

Business Over Coffee International will continue its Weave Your Own Web social media training series on Thursday, Oct. 15, from 9 a.m. to 11 a.m. at the group’s headquarters, 5865 Ridgeway Road, suite 300. Cost is free for members and first-time guests, and $10 for returning guests. Visit businessovercoffee.biz or call 820-4469.

74. Hanging Around -

The Pickering Firm Inc. is the architect and engineer of record for Nike’s massive, 1.7 million-square-foot facility expansion in Frayser.

75. Events -

Theatre Memphis will present “Young Frankenstein” Friday, Oct. 11, through Nov. 3 on the theater’s Lohrey Stage, 630 Perkins Road Extended. Buy tickets at theatrememphis.org.

76. Events -

The Memphis chapter of the American Payroll Association will meet Thursday, Oct. 10, at 11:30 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Emily Gregg of the Tennessee Department of Human Resources will present “Tennessee Child Support Program and Employers Working Together.” Cost is $20 for members and $30 for nonmembers. Visit memphisapa.org.

77. MEMFix Goes South -

Of the neighborhoods in which the Mayor’s Innovation Delivery Team has been working to build retail and commercial trade, none has the amount of history, turmoil, potential and perception problems found in the two blocks east and west of Mississippi Boulevard and Walker Avenue.

78. Overton Square Garage Opens -

Visitors to Overton Square know that parking has been at a premium recently, with side streets around the entertainment district filling up as quickly as the restaurants and shops there.

Parking at Overton Square should get much easier with the opening of its 451-space parking garage at the northeast corner of Monroe Avenue and Florence Street. The city-owned garage opened this weekend, and parking is free for the rest of October.

79. Mann Takes on Development Role at Shelby Farms Park Conservancy -

Cameron Mann has traded in an office of brick and glass for one of trees and meadow.

Perhaps not literally, but his new position as development manager for corporate and foundation support for Shelby Farms Park Conservancy promises to be more pastoral than musical, as his previous work with the Memphis Music Foundation proved to be.

80. Office Team Helps Colliers Expand Local Footprint -

As a part of the Colliers International office in Memphis’ growth strategy, the brokerage office has been expanding its presence in the office sector over the past year by adding a new office team consisting of Frazier Baker and Will Barden.

81. Class Project -

Woodland Presbyterian School broke ground Monday on phase one of a church and campus overhaul and expansion, a project that will include the construction of a building to be used for seventh- and eighth-grade classrooms and a technology lab.

82. Baptist Begins Construction on $14.1 Million Pediatric ER -

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

83. Keystone Landing Complex Sells for $4.6 Million -

4266 Ridgestone Road
Memphis, TN 38128
Sale Amount: $4.6 million

Sale Date: Sept. 12, 2013
Buyer: Keystone Landing Apartments LLC
Seller: Ridgemont Investors LLC
Loan Amount: $3.5 million
Loan Date: Sept. 12, 2013
Maturity Date: N/A
Lender: Arbor Commercial Funding LLC
Details: The 150-unit Keystone Landing apartment complex at 4266 Ridgestone Road in Raleigh has sold for $4.6 million.

84. Tax Zone Would Fund Fairgrounds Remake -

A 3-square-mile Tourism Development Zone would finance a $233 million renovation of the Mid-South Fairgrounds sought by the administration of Memphis Mayor A C Wharton Jr.

The city sent its 88-page application Sept. 13 to Tennessee Finance Commissioner Larry B. Martin. The application seeks state permission to use incremental sales tax revenue estimated at close to $12 million a year starting in 2016 to pay off the bonds to finance a project whose price tag is just below the $250 million FedExForum.

85. Cyclist Protection -

The city’s third kind of bicycle lane has been taking shape for about a month on Overton Park Avenue between Bellevue Boulevard and Cleveland Street.

It’s the first of 15 miles of “protected” bike lanes that flip the position of parked cars and the bike lane to put the parked cars between the bicyclists and auto traffic. And it is green.

86. Memphis Landmarks Garner National Media Praise -

The Memphis brand is having a moment.

In just the past week alone, national media attention has showcased a handful of local businesses and landmarks, with outlets talking up everything from Beale Street and the National Civil Rights Museum to Graceland, the Memphis Grizzlies and Muddy’s Bake Shop.

87. This week in Memphis history: September 13-19 -

1973: Wayne W. Pyeatt assumed the duties of chief executive officer of National Bank of Commerce. He had been president and chief administrative officer. The decision by the bank’s board left Lewis R. McKee as board chairman.

88. Prescription for Success -

It’s been nearly a decade since the Memphis medical community and city leaders teamed up to create a master plan for what they called the Memphis Medical Center.

The district – which follows the main corridors of Union and Madison avenues and extends from Danny Thomas Boulevard to Cleveland Street and from Peabody Avenue to the Interstate 240 loop – already was home to more than 40 organizations that specialized in everything from clinical care to research. But the Memphis Medical Center organizers wanted to improve safety and promote overall economic development, including commercial, retail and residential real estate.

89. AIA Memphis Celebrates Architecture Month -

September is Architecture Month in Memphis, and the local chapter of the American Institute of Architects (AIA) is spearheading a series of tours, lectures, exhibits and special events that explore historic and contemporary architecture and design in Memphis.

90. Visible Music College Files $3.2 Million Loan -

200 Madison Ave.
Memphis, TN 38103
Loan Amount: $3.2 million

Loan Date: Aug. 30, 2013
Maturity Date:
Borrower: Visible Music College
Lender: Renasant Bank
Details: Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.

91. Visible Music College Files $3.2 Million Loan -

Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.

The music and worship arts school filed the Tennessee deed of trust, assignment of leases and rents and security agreement Aug. 30 through Renasant Bank. Ken Dale Steorts signed the trust deed as president of Visible Music College.

92. Trash Talk Headlines Council Meeting -

Memphis City Council members talk trash – specifically, the proposed changes to decades of established policies for garbage collection in the city – during their Tuesday, Sept. 3, executive session.

93. Events -

The Center for Southern Folklore will present the Memphis Music & Heritage Festival Saturday, Aug. 31, and Sunday, Sept. 1, from 11 a.m. to 11 p.m. on Main Street between Peabody Place and Union Avenue. The event will include music, food, and arts and crafts vendors. Cost is free. Visit southernfolklore.org for a list of performers.

94. Events -

Business and Professional Women of Tennessee members will meet Friday, Aug. 30, at 11:30 a.m. at Jason’s Deli, 3743 Poplar Ave., to discuss re-establishing a Memphis chapter. The state organization is an affiliate of the BPW Foundation, an advocate for women on work-life balance and workplace equity issues. Email martha.ervin@ervinhypnosiscenter.com or call 489-5481.

95. Mission of Love -

Beginning Sept. 5, Memphis will once again come together to Rock for Love.

The seventh annual, three-day fundraiser for the Church Health Center, providing health care for the working uninsured, will kick off that Thursday evening with a VIP barbecue at Ardent Studios.

96. Martin Sets University of Memphis Priorities -

On the first day of the academic year at The University of Memphis, Monday, Aug. 26, yoga was on the schedule of the university’s interim president, Brad Martin.

97. Events -

Playhouse on the Square will host a performance of “Les Miserables” to benefit the Memphis Child Advocacy Center Saturday, Aug. 17, at 8 p.m. at Playhouse, 66 S. Cooper St. A pre-performance reception and silent auction begin at 6 p.m. Tickets are $60 and are available through MCAC, 888-4342.

98. Colliers Continues Role as Major Commercial Real Estate Player -

Wilkinson & Snowden Inc. helped lead the industrial warehouse revolution in Memphis at a prescient time.

99. Winchester Court Sells for $6 Million After Foreclosure -

6740 Winchester Road
Memphis, TN 38115
Sale Amount: $6 million

Sale Date: July 31, 2013
Buyer: WBCMT 2007-C31 Winchester Court LLC
Seller: Harris P. Quinn, substitute trustee
Details: The Winchester Court retail center at Kirby Parkway and Winchester Road in Hickory Hill has sold for $6 million following a foreclosure.

100. Events -

Graceland will host the Elvis Week candlelight vigil Thursday, Aug. 15, at 8:30 p.m. at the gates of Graceland, 3717 Elvis Presley Blvd. Admission is free. Visit elvis.com/elvisweek for more information. More Elvis Week events are listed below.