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Editorial Results (free)

1. 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.

2. Power Play -

When the Tennessee Valley Authority board voted in August to build a new power plant in Southwest Memphis, it was a decision based on factors larger than the power needs in Memphis.

But it was also a decision that is just as important for Memphis as the decision to build the existing Allen Fossil Plant there 55 years ago.

3. Airport Authority OKs Concourse Overhaul -

An ambitious effort to reconfigure Memphis International Airport for the future will get underway this fall, when demolition of portions of two concourses begins and a single concessions vendor takes control.

4. Cargill Inc. to Invest $45 Million In West Memphis Grain Facility -

Cargill Inc. will invest $45 million to build a grain handling and shipping facility in West Memphis, the company announced Friday, June 10.

5. Volkswagen to Build New SUV in Tennessee, Add 2,000 Jobs -

NASHVILLE (AP) – Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.

6. Health Choice Selects Abisch to Lead Population Health Services -

Ellen Abisch has joined Health Choice LLC as senior director of population health services. In the newly created position, Abisch will be responsible for designing, implementing and managing population health and wellness programs for the Health Choice network.
Prior to joining the physician hospital organization, she served as manager of benefits and wellness for ServiceMaster.

7. Seminar Explores Complicated Details of Health Care Law -

The Affordable Care Act, more commonly known as Obamacare, became law in 2010.

But the law has grown and changed so much since then that its pages number more than 25,000, and if you stack them one on top of another they are more than 10 feet high, says Tim Finnell, founder and president of Group Benefits LLC.

8. Events -

Conduit Global will hold a recruiting fair for its Memphis call center Tuesday, March 18, from 10 a.m. to 4 p.m. at Memphis Cook Convention Center, 255 N. Main St. Visit conduitglobal.com for job descriptions and qualifications.

9. Events -

SHRM-Memphis will hold a legal seminar for human resources professionals Tuesday, March 18, from 8 a.m. to noon at the Fogelman Executive Center, 330 Innovation Drive. Attorneys from four firms will explore hot topics, trends and practical approaches to preventing and managing labor and employment law issues. Cost is $80 for members, $85 for nonmembers and $35 for students. Visit shrm-memphis.org.

10. New Housing Option Comes to Victorian Village -

Florence Hervery had been thinking about the next phase of her life for some time.

The 55-year-old Whitehaven resident had been mulling over a move Downtown, but she wanted a home, not a condominium or apartment, and was hesitant to move into the bustling Downtown core.

11. Surprisingly Weak Jobs Report Puzzles Economists -

WASHINGTON (AP) – It came as a shock: U.S. employers added just 74,000 jobs in December, far fewer than anyone expected. This from an economy that had been adding nearly three times as many for four straight months – a key reason the Federal Reserve decided last month to slow its economic stimulus.

12. Looking Upward -

The facelift of Memphis International Airport has continued throughout 2013 despite peaks and valleys for the airport’s passenger business.

The impact of Delta Air Lines’ dehubbing and reduced service – including further cuts announced last week – has been offset somewhat by the arrival of Southwest Airlines and the continued strength of the airport’s cargo activity.

13. Crosstown Developers Eye Project’s ‘Magic in the Mix’ -

It would seem the only thing that might hold up the locomotive that is the Sears Crosstown $180 million renovation at this point is a much-needed $15 million from the city of Memphis.

A lot of money, but not enough to worry project developers Todd Richardson and McLean Wilson, whose analogy – and attitude – is more pedal power than steam driven.

14. Crosstown Developers Eye Project’s ‘Magic in the Mix’ -

It would seem the only thing that might hold up the locomotive that is the Sears Crosstown $180 million renovation at this point is a much-needed $15 million from the city of Memphis.

A lot of money, but not enough to worry project developers Todd Richardson and McLean Wilson, whose analogy – and attitude – is more pedal power than steam driven.

15. Williams Joins Del-Nat as Director of Finance -

Ronnie Williams has joined Del-Nat Tire Corp. as director of finance. Williams, who has a 15-year background in finance and accounting, most recently served as director of finance at Health Choice LLC. In his new role, he will be responsible for finance and accounting functions and will direct operations to meet budget and financial goals.

16. Memphis Airport Scores Top Grade on FAA Inspection -

Memphis International Airport officials said the airport has passed its annual safety inspection by the Federal Aviation Administration with “no discrepancy.”

“Passing our inspection with ‘no discrepancy’ is a tremendous accomplishment, considering the complexity of our airport’s activity and the amount of construction vehicles and equipment working on the airfield,” said Scott Brockman, the airport’s executive vice president and chief operating officer.

17. Memphis International Airport Scores Top Grade on FAA Inspection -

Memphis International Airport officials said the airport has passed its annual safety inspection by the Federal Aviation Administration with “no discrepancy.”

“Passing our inspection with ‘no discrepancy’ is a tremendous accomplishment, considering the complexity of our airport’s activity and the amount of construction vehicles and equipment working on the airfield,” said Scott Brockman, the airport’s executive vice president and chief operating officer.

18. Better Economic Growth Likely to Follow Weak Second Quarter -

WASHINGTON (AP) – The economy is expected to have grown at a dismal pace in the April-June quarter, weighed down by large tax increases and steep government spending cuts.

But the second quarter should be the low point for the year, economists say. The fiscal drag is expected to fade. At the same time, steady hiring, more business spending and a solid recovery in housing should push growth higher in the second half of the year.

19. This week in Memphis history: July 19-25 -

2012: Loeb Properties Inc. of Memphis closed on its $7 million acquisition of eight acres of the Overton Square entertainment district from Denver-based Overton Square Investors LLC.

20. Lee House Renovation ‘Ready to Go’ -

The group that wanted to convert the historic James Lee House in Victorian Village has purchased the home and construction is expected to begin in the next few weeks.

21. Rising Home, Stock Prices Boost US Confidence -

WASHINGTON (AP) — Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home values, a brighter job market and record-setting stock prices.

22. Brimhall Named Bartlett Entrepreneur of Year -

Terry Brimhall, founder and president of Brimhall Foods Co. Inc., has been named entrepreneur of the year by the Bartlett Area Chamber of Commerce.

23. Briglia Joins Archer-Malmo as Web/Broadcast Artist -

Kristen Briglia has joined archer-malmo as web/broadcast turbo artist. In her new role, Briglia will produce web graphics, HTML and video-editing services for the growing digital and broadcast departments, and will also help on print projects as needed.

24. US Housing Starts Surpass 1 Million in March -

WASHINGTON (AP) – U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.

25. Obama Pitches Public Works Spending to Create Jobs -

MIAMI (AP) – Trying to show that the economy remains a top priority, President Barack Obama promoted a plan Friday to create construction and other jobs by attracting private money to help rebuild roads, bridges and other public works projects.

26. Apperson Crump Expands in Triad III -

Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.

Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.

27. Boyle Sells Lots at Spring Creek Ranch -

Boyle Investment Co. sold 10 lots at Spring Creek Ranch to a newly formed builder group and construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.

28. Boyle Sells Lots at Spring Creek Ranch -

Boyle Investment Co. has sold 10 lots at Spring Creek Ranch to a newly formed builder group.

Construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.

29. US Homebuilder Confidence at Highest Level Since 2006 -

LOS ANGELES (AP) – Confidence among U.S. homebuilders inched up this month, to the highest level in more than six and a half years, as builders reported the best market for newly built homes since the housing boom.

30. Brooks Brothers Relocating to Saddle Creek -

High-end clothier chain Brooks Brothers plans to open a new location at The Shops of Saddle Creek West in Germantown.

The New York City-based retailer will open in 7,500 square feet of space at 7509 Poplar Ave. by early June, taking over the two suites formerly occupied by Indigo and Talbots Men’s. Indigo last month relocated and expanded two spaces down into the old Natural Body Spa & Shoppe space.

31. Tipton-Rosemark Remakes Campus ‘Center Point’ -

The new performing arts center at Tipton-Rosemark Academy used to be the gymnasium and before that it was the cafeteria.

The 64-year-old building has been adaptable and until the remake as a performing arts center for the private school in North Shelby County those who used it over the years also had to be adaptable.

32. Grant Supports Optometry College’s Campaign -

Southern College of Optometry has been awarded a $300,000 grant from the Plough Foundation to support a construction project that will provide the college’s 500 students with new classroom facilities and state-of-the-art instructional space at its Midtown campus.

33. EdR Announces Executive Additions -

EdR, a Memphis-based developer, owner and manager of collegiate housing, has announced the addition of several key executives: Scott Barton, vice president of acquisitions; Liz Keough, vice president and general counsel; Randy Simpson, vice president of information technology; and James Kenner, director of interior design.

34. Buffett Says Investors Shouldn’t Act on Headlines -

OMAHA, Neb. (AP) — Billionaire Warren Buffett said Monday that Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this weekend’s election results in Greece and France.

35. MED Forms Committee to Examine Minority-Owned Biz Dealings -

The board governing The Regional Medical Center at Memphis has formed an ad hoc committee to review and make recommendations regarding the amount of business the hospital conducts with minority-owned companies.

36. Horne Still Growing at 50 Years -

Already this year, the Horne LLP accounting and business advisory firm has hired a few tax managers for its Memphis office, and the firm also has brought its tax leadership here.

37. $1.5 Million Loan Filed For Future Vantage Point Golf -

Future Vantage Point Golf Center

Loan Amount: $1.5 million

Loan Date: Feb. 28, 2012

Maturity Date: March 1, 2037

Borrower: Vantage Point Holdings LLC

38. Parkview Apartments Sells for $2.6 Million -

Collierville-based Parkview Memphis Apartments LP has bought Parkview Apartments at 4616 Scott Crossing Drive from Los Angeles-based City National Bank for $2.6 million.

39. Unions Gearing Up to Spend Big in 2012 Election -

WASHINGTON (AP) – Unions are gearing up to spend more than $400 million to help re-elect President Barack Obama and lift Democrats this election year in a fight for labor's survival.

Under siege in state legislatures around the country – and fearing the consequences of a Republican in the White House – union leaders say they have little choice as they try to beat back GOP efforts to curb collective bargaining rights or limit their ability to collect dues.

40. Public Servants -

The two winners of the 2012 Bobby Dunavant Public Service Awards thanked their coworkers Wednesday, Feb. 22, as they were honored by the family of the late Probate Court clerk and the Rotary Club of Memphis East.

41. Bernanke: Weak Housing has Hurt Consumer Spending -

WASHINGTON (AP) – Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years.

42. Uplifting Project -

One-fourth of The Pyramid’s deconstruction is complete, and the project to transform the arena into a Bass Pro Shops superstore by August 2013 is even slightly ahead of schedule.

The city in October filed a $2.5 million building permit to begin new construction work on The Pyramid. By mid-November, the first phase – the demolition – was kicked off by general contractor Montgomery Martin Contractors LLC.

43. Kimberly-Clark Signs Southaven Lease -

Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.

44. Kimberly-Clark Signs Southaven Lease -

Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.

45. Education Realty Trust Rebrands, Promotes Key Execs -

Memphis-based Education Realty Trust Inc. has had a busy few months, ending fourth-quarter 2011 with several new properties in hand and starting 2012 by turning over a new leaf entirely – to be more specific, a new name, a new logo, new positions for several key executives and a $28 million acquisition.

46. CRE Activity Stays Strong During 2011 -

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

47. Fallen Police Memorial to be ‘Lasting Tribute’ -

Men and women in blue were joined by friends, family and supporters at the Oak Court Mall, 4465 Poplar Ave., Friday, Dec. 16, for the unveiling of the mockup of a Fallen Officer Memorial that will honor the Memphis Police Department officers who have given their lives in the line of duty.

48. House, Senate at Odds Over Payroll Tax Cut -

WASHINGTON (AP) – The House and Senate barreled toward a collision Monday over some of the chief ingredients of President Barack Obama's recipe for reviving the economy, with tax increases and jobless benefit cuts awaiting millions of Americans on New Year's Day if the dispute is not resolved.

49. Tutor’s Skirkle Connects Consumers, Businesses -

Nick Tutor is founder of Skirkle, a membership-card program that offers exclusive discounts and deals at locally owned businesses.

50. Industry Growth -

The local banking and finance industries have proven to be a temporary boon of late to a group of people hit hard by contractions in banking and housing: architects and construction workers.

At the moment, a handful of new branches or office locations are either in some phase of construction or are preparing to open for companies that include Independent Bank, Evolve Bank & Trust, Metropolitan Bank, Iberiabank and Shoemaker Financial.

51. Linkous Builds Retail in Olive Branch -

Despite a dearth of overall construction throughout town, one local construction firm is erecting retail in Olive Branch at an impressive clip.

Linkous Construction Co. Inc. is in the midst of building 108,000 square feet of retail space in the Wedgewood Commons shopping center, 5070 Goodman Road.

52. Three-in-One -

Highwoods Properties Inc. is about two weeks away from completing more than $1 million in parking lot renovations and building improvements at the East Memphis office complex Triad Centre, bringing its three developments into a cohesive, campus-style environment.

53. Many Cities Imposing Broad Cuts as Revenue Shrinks -

WASHINGTON (AP) – More than half of U.S. cities have cut staff, canceled construction projects or raised fees this year, according to a report from the National League of Cities that catalogs the vast damage from shrunken property- and income-tax revenue.

54. Point of Sale -

Shoppers look for bargains. That’s been the case for ages, but it’s especially true during these trying economic times.

The market reacts to what consumers want, and developers’ answer to this need of late has been the outlet mall.

55. Ga.-Based Coastal Logistics Signs Lease -

A budding Savannah, Ga.-based third-party logistics firm is expanding into the Southeast Memphis industrial market. Coastal Logistics Group Inc. has signed a new 50,000-square-foot lease at 5715 Distribution Drive.

56. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: June 14, 2011
Buyer: Lynnfield Holdings LLC
Seller: Lynnfield Place Tennessee LLC
Details: Lynnfield Place Apartments, on the east side of Lynnfield Road about halfway between Park Avenue to the north and Quince Road to the south, has sold for $22.4 million.

57. First Baptist Church Files $3.8M Permit -

First Baptist Church-Broad has filed a $3.8 million permit application with the city-county Office of Construction Code Enforcement to expand its facility at 2835 Broad Ave.

58. Tunica Recovery -

Two weeks after rising Mississippi River floodwaters forced a mandatory closure of all of Tunica County’s nine casinos, the area is doing its best to recoup.

Six of Tunica County’s nine casinos and resorts remain closed. Tunica County Emergency Management officials and the Mississippi Gaming Commission are currently working with all nine casino resorts in an effort to assess flood damage, begin the clean-up process and prepare for facility re-openings.

59. Habitat Preps New Headquarters, ReStore -

Habitat for Humanity of Memphis is in the process of relocating to a much larger facility to accommodate its growing base of clients, programs and services.

The local affiliate of the organization – an international ecumenical Christian housing ministry working to provide affordable, quality shelter for all people – makes home ownership affordable for Mid-South families for whom it might otherwise be out-of-reach, by not charging interest or profit on the mortgage and keeping the cost of construction low through the use of volunteer labor.

60. Ridgeway Trace’s Success Fills ‘Huge Void’ -

A dramatic change to the retail landscape in East Memphis began in February of 2005 with one phone call.

Danny Buring, managing partner of The Shopping Center Group, made that call to the owner of the Ridgeway Trace Apartments, located on the southeast corner of Poplar Avenue and Interstate 240.

61. In Tough Economy, Rental Property Investments Shine -

With the housing market depressed and credit tight, Memphis’ home rental business doesn’t appear to be losing steam any time soon.

Last week, Memphis Investment Properties LLC hosted a three-day tour for a group of 19 New Zealand investors that bought 16 houses for a total $1.08 million.

62. FedEx’s Jackson Named Top 100 Thought Leader -

Mitch Jackson, vice president of environmental affairs and sustainability at FedEx Corp., has been named one of 2010’s Top 100 Thought Leaders in Trustworthy Business Behavior by Trust Across America.

63. Staples to Build First Memphis Location -

The world’s largest office products company will soon enter the Memphis market.

Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.

64. 2011 CRE Outlook Cautiously Optimistic -

Optimism is in the eye of the beholder in the commercial real estate industry. In a city plagued with high vacancies and scarce speculative development, investors have Memphis on its radar – and Memphis should too.

65. Family Dollar Signs 2 Leases for Stores -

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

66. Inaugural Seminar to Focus on CRE Issues -

Despite commercial real estate’s doldrums, local brokers are seeing signs of resurgence.

Commercial real estate investments – such as malls, office buildings and industrial properties – reached $316 billion nationwide in 2010, according to Thomas Reuters. That represented a 50 percent jump from an eight-year low in 2009 of $209 billion.

67. Retail Rebound? -

Retail sales are looking bright this year, a sign that the pendulum of consumer confidence is swinging back in the right direction.

Holiday sales are anticipated to increase a modest 3.3 percent this year – adjusted from 2.3 percent in November – according to the National Retail Federation (NRF). This year’s uptick follows 2008’s 3.9 percent decline and also tops the 10-year average holiday sales increase of 2.5 percent.

68. Jobs Jackpot -

With a mock kitchen as a backdrop, Tenn. Gov. Phil Bredesen led state and local civic and elected figures in announcing that Electrolux, a Swedish manufacturer of appliances, will build a $190 million manufacturing plant in Memphis.

69. ULI: Recovery to Begin in 2011 -

The real estate market is projected to turn around next year, but the industry will have to settle for baby steps in all markets and property sectors.

That was the message more than 250 bankers, investors and real estate professionals heard Wednesday at the Urban Land Institute’s fourth annual Real Estate Outlook for the Mid-South where they learned about the “era of less.”

70. Stimulus Spending Looms Large in Midterm Contests -

DENVER (AP) — A photo of President Barack Obama hangs on the wall in CoraFaye's Cafe, a short walk from the Denver museum where Obama signed into law the most sweeping U.S. economic package in decades in an attempt to put people back to work and end the worst downturn since the Great Depression.

71. Suburbs Take Hit as US Poverty Climbs in Downturn -

WASHINGTON (AP) – Battered by the downturn, America's suburbs are bearing the brunt of poverty among those of working age that has climbed to its highest level in almost a half century, creating strains on dwindling safety-net programs focusing mostly on the inner-city poor.

72. Church Says ‘No’ to CVS -

Berclair Baptist Church on Wednesday night voted against selling its building to CVS Corp., but the retail pharmacy’s efforts to take over another corner church at a busy intersection in Memphis is further proof of an ongoing commercial development trend.

73. Park Progression -

The Shelby Farms Park Conservancy is gearing up to debut two new major park enhancements by the end of the year, with more on tap for early 2011 and beyond.

74. Church Says ‘No’ to CVS -

Berclair Baptist Church on Wednesday night voted against selling its building to CVS Corp., but the retail pharmacy’s efforts to take over another corner church at a busy intersection in Memphis is further proof of an ongoing commercial development trend.

75. Companies Add 67K Workers, but Jobless Rate Rises -

WASHINGTON (AP) – Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work.

76. Grubb & Ellis’ deWitt Appointed To MAAR Commercial Council -

Greg deWitt of Grubb & Ellis Co. has been appointed to the Memphis Area Association of Realtors Commercial Council. He will take over one of the council’s director seats next year before becoming the council’s vice president in 2012.

77. Realizing Dreams -

William Adair’s quad-cab, four-wheel-drive pickup truck is splattered with mud. The office where he parks it out back, a converted country home at the corner of Tenn. 196 and U.S. 72, is littered with maps.

78. Events -

The University of Tennessee Health Science Center and the Leukemia & Lymphoma Society will present “New Treatments, No Tricks,” a free seminar on minority participation in clinical trials, Tuesday from 8 a.m. to 2 p.m. at the UT Student-Alumni Center, 800 Madison Ave. To register, call 448-1938.

79. Events -

The Memphis Chapter of the International Association of Administrative Professionals will meet Monday at 6 p.m. at the Holiday Inn Select East Memphis, 5795 Poplar Ave. The meeting will include new member orientation, an awards banquet and installation ceremony. Cost is $20. For reservations, contact Dianne Cordaro at 287-6009 or e-mail diannecordaro@yahoo.com.

80. CVS Inks Deal for Former MAHBA HQ -

CVS has chosen a busy stretch of Germantown Parkway in Cordova for its next area pharmacy.

The company’s regional developer, Redd Realty Services Inc., has inked a deal with Gill Properties to build a retail store on the site of the former Memphis Area Home Builders Association headquarters at 776 N. Germantown Parkway.

81. Commissioners to Vote on Health Loop Clinic Funding -

When The Regional Medical Center at Memphis decided late last year to spin off five of its outpatient care clinics, administrators of the hospital said the decision would give the institution financial breathing room. It would save the county $3.8 million annually.

82. Rosy Earnings Show Corporate America is Back -

CHICAGO (AP) — Corporate America is back.

Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs many of them used to dress up last year's earnings reports but because people are spending more.

83. AP Analysis: Economic Pain Eases in Hard-Hit Areas -

WASHINGTON (AP) - Economic stress declined in the nation's most troubled areas in February as unemployment stabilized and the pace of foreclosures eased, according to The Associated Press' monthly analysis of conditions in more than 3,100 U.S. counties.

84. Memphis College of Art Files Permit for South Main Building Renovation -

477 S. Main St.
Memphis, TN 38103
Permit Amount: $2.2 Million

Project Cost: $3 million
Permit Date: Applied April 2010
Completion: Fall 2010 (Phase I)
Owner: Memphis College of Art
Tenant: Memphis College of Art
Contractor: Montgomery Martin Contractors LLC
Architect: Askew Nixon Ferguson Architects

85. Plough Awards UTHSC $4.5 Million Grant -

The new UT College of Pharmacy Building, currently under construction in Memphis Medical District, has received a $4.5 million grant from the Plough Foundation.

The grant will fund the establishment of the Plough Center for Sterile Drug Delivery Systems on the sixth floor of the building. The $65 million structure is being built in the UT-Baptist Research Park, which is adjacent to the University of Tennessee Health Science Center main campus.

86. Plough Foundation Awards $4.5M to UTHSC -

The new UT College of Pharmacy Building currently under construction in downtown Memphis has received a $4.5 million grant from the Plough Foundation.

The grant will fund the establishment of the Plough Center for Sterile Drug Delivery Systems on the sixth floor of the building. The $65 million structure is being built in the UT-Baptist Research Park, which is adjacent to the University of Tennessee Health Science Center main campus.

87. Dollar Signs Follow Dollar Stores -

Perhaps the most telling CRE trend that has emerged of late was underscored by Scott Barton of CB Richard Ellis-Memphis at last month’s Commercial Property Forecast Summit.

88. Shelby Farms Park Conservancy To Build New Playground and Bridge -

500 Pine Lake Drive
Memphis, TN 38134
Permit Amounts: $3.5 Million and $1.8 Million

Project Cost: $100 million (Phase I)
Permit Dates: Applied February 2010
Completion: October 2010
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Contractor: Montgomery Martin Contractors LLC

89. Senate Approves Tax Breaks for New Hires -

WASHINGTON (AP) - Senate Democrats Wednesday delivered the first of several promised election-year jobs bills, passing a measure blending tax breaks for companies that hire unemployed workers with highway funding eagerly sought by the states.

90. Shelby Farms Set To Begin Two Projects -

The Shelby Farms Park Conservancy has filed a pair of building permits with the city-county Office of Construction Code Enforcement to build a new playground and pedestrian bridge.

The nonprofit organization that oversees two-thirds of the 4,500-acre Shelby Farms Park filed a $3.5 million permit for the playground and a $1.8 million permit for the bridge. Both permits list the park’s formal address of 500 Pine Lake Drive.

91. Questions Abound for Commercial Real Estate’s Future -

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

92. Playhouse Debuts With Dark, Funny Search for Meaning -

The brand new Playhouse on the Square opened its doors for the first time last week with a “dark and funny” musical about searching for meaning in life. “Pippin,” the Tony Award-winning musical by Stephen Schwartz and Roger O. Hirson, took the stage Jan. 29. The show runs through Feb. 21.

93. Federal Judge Postpones School Unitary Hearings -

LITTLE ROCK, Ark. (AP) - A federal judge has postponed the dates for court hearings on whether the North Little Rock and Pulaski County Special school districts have met their desegregation obligations.

94. Home Builders HQ Could Become Retail Outlet -

The Memphis Area Home Builders Association is in the market for a new home, and its soon-to-be former digs appear headed for redevelopment.

In a deal that closed Dec. 18, the longtime homebuilding trade association sold its headquarters at 776 Germantown Road for $2.7 million to Ray Gill of Gill Properties Inc. Gill was attracted to the property because of its large footprint – a 3.6-acre parcel on the east side of Germantown – and because of its placement near the Trinity Commons shopping center along a busy corridor with high traffic.

95. Migliara Buys Summer Avenue Retail Center from Las Vegas Owner -

6343 U.S. 70 (Summer Ave.)
Memphis, TN 38134
Sale Amount: $1.2 Million

Sale Date: Nov. 25, 2009
Buyer: Lawrence Migliara
Seller: Biz Point Property Group LLC
Loan Amount: $1.2 million
Loan Date: Nov. 25, 2009
Maturity Date: Dec. 5, 2014
Lender: Trustmark National Bank

96. CBRE Report Shows Pockets of Hope in Retail Sector -

The local retail market hasn’t been immune to the sluggish economy, but Memphis saw a couple of bright spots during the third quarter (July through October), according to the latest data from CB Richard Ellis.

97. Saddle Creek Lands High-End Women’s Clothing Store -

Anthropologie, a high-end retailer of apparel and other items, is coming to The Shops of Saddle Creek in Germantown.

Though a lease hadn’t been inked by press time Monday, the company will soon begin tenant improvements for the bays that housed the former Yia Yia’s Euro Café and Divine Rags on the southwest end of Saddle Creek North.

98. SAA-SDS Unveils Plans for Early Childhood Center -

St. Agnes Academy-St. Dominic School is one step closer to completing an ongoing master plan that has transformed the appearance of the 20-acre campus at 4830 Walnut Grove Road.

99. BNSF Railway Preps for Intermodal Yard Opening -

Evidence of Memphis’ importance to the intermodal industry can be seen throughout town, but nowhere is it more apparent than at the intersection of Lamar Avenue and Shelby Drive, where nine-story cranes now dominate the warehouse district’s industrial skyline.

100. Teenager Helps Build Habitat Homes -

Ben Orgel is only 17 years old, but he has already helped put two families into new homes through Habitat for Humanity of Greater Memphis.

The first home was built after Orgel celebrated his bar mitzvah by asking for donations to the nonprofit organization. The second was built when he convinced two Jewish youth organizations to support Habitat.