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Editorial Results (free)

1. State Audit Uncovers Millions in Questionable Spending -

NASHVILLE, Tenn. (AP) – An audit of the Tennessee Department of Human Services found a lack of oversight led to at least $1.8 million in questionable spending last year from contractors operating programs to feed the needy. In 2013, the questioned costs were $4.3 million. And that is just in the small sample of agencies auditors reviewed.

2. Varsity Spirit Honored With American Tradition Award -

The National Federation of State High School Associations has selected Memphis-based Varsity Spirit as the 2015 recipient of the American Tradition Award.

The NFHS is the national leadership organization for high school sports and performing arts activities, and presents the American Tradition Award to an individual, organization or company that has supported high school activities on a national level. Varsity Spirit executives accepted the award July 1 during the organization’s summer meeting in New Orleans.

3. Boner, Fate and the Summer of Shame -

Phil Bredesen knew what he was trying to do. He just didn’t know if he could accomplish it.

“I had this sense that Nashville was ready for change,” says the former Metro mayor and Tennessee governor, reflecting on his early motivation for taking on the system that had run Nashville for decades.

4. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

5. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

6. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

7. Varsity Spirit Honored With American Tradition Award -

The National Federation of State High School Associations has selected Memphis-based Varsity Spirit as the 2015 recipient of the American Tradition Award.

The NFHS is the national leadership organization for high school sports and performing arts activities, and presents the American Tradition Award to an individual, organization or company that has supported high school activities on a national level. Varsity Spirit executives accepted the award July 1 during the organization’s summer meeting in New Orleans.

8. Ikea Seeks $16 Million Permit For First Memphis Store -

Future Ikea Store
On 42 Acres In Cordova
Permit Cost: $16 million

Application Date: July 2015
Owner/Tenant: Ikea
Details: Ikea is moving forward with its massive retail store in Cordova.

9. My Kind of Crazy -

CRAZY LIKE CHISCA. Lauren Crews told me that people think he’s crazy.

After all, he paddled a canoe from the Twin Cities to New Orleans – just him and his dog. He rode a bike to New Orleans, too, all the way down Highway 61 in the summer, the heat driving him dizzy into ditches.

10. Baptist Health Care, Church Health Center Launch Residency Program -

Baptist Memorial Health Care and the Church Health Center have teamed up to launch a new family medicine residency that involves recruiting a group of residents in waves, with the first batch starting work next summer.

11. Swimming, Snow Cones and Entrepreneurship -

A neighbor started giving swim lessons several days a week during the summer. Obviously, she is good at what she does. Her lessons bring daily traffic to a quiet side street that usually experiences mild traffic only twice a day – in the morning and evening.

12. Stones Rock Music City -

Pleased to meet you, hope you guessed our name. Well, hell, Mick, if it’s puzzling you, it’s Nashville. Music City USA.

We’re the national media’s flavor of the day – the “It city,” which has gone from being a secondary concert market – remember The Beatles played Memphis, not Nashville – to one of the country’s prime touring destinations.

13. Solana Senior Living Facility Sells for $65.5 Million -

8199 Poplar Ave.
Germantown, TN 38138

Sale Amount: $65.5 million

Sale Date: May 27, 2015

14. LYFE Kitchen Pays $3M For East Memphis Spot -

LYFE Kitchen has purchased its East Memphis location from a division of Memphis-based Carlisle Corp.

LYFE bought the restaurant at 6201 Poplar Ave. from Wendelta Property Holdings LLC for $3 million, according to a May 29 warranty deed.

15. Global Pharma Distributor to Open in Olive Branch -

A global pharmaceutical sourcing and distribution company is opening a $48 million distribution center in Olive Branch.

AmerisourceBergen will locate the new facility, which will produce 129 new jobs, at IDI Gazeley’s Crossroads Distribution Center in the DeSoto County town.

16. Nashville Emerging ‘As a Regional Tech Leader’ -

Two very different startups speak volumes about how much the Nashville venture capital scene has changed over the years and how things are still evolving.

When Franklin-based Cybera began with three employees in 2001, it set up voice and data networks for small to medium-sized companies, using leased space on traditional telecom companies’ high-speed digital subscriber lines.

17. Developers: Tennessee Brewery Work is Tough Job -

The team behind the proposed redevelopment of the long-vacant Tennessee Brewery received a 20-year tax freeze and a long-term loan for a new parking garage to help usher the Downtown development along, but officials say much work remains before the $28.1 million project becomes a reality.

18. Tesla CEO Plugs Into New Market With Home Battery System -

FOSTER CITY, Calif. (AP) – Never lacking daring ideas, billionaire entrepreneur Elon Musk is determined to jolt the electricity market.

The CEO of electric car maker Tesla Motors hopes to park hundreds of millions of large, solar panel-connected batteries in homes and businesses so the world can disconnect from power plants – and he can profit. On Thursday night, before an adoring crowd and a party-like atmosphere, Musk unveiled how he intends to do it.

19. Put Laughter in the Workplace -

Grandparents are noted for the things they teach their grandchildren.

When I was a little girl, my grandfather taught me how to draw horns, beards and mustaches on people whose pictures were in the newspaper. He told me it was always better to do this before anyone read the paper; it made it more interesting.

20. Avondale Partners Expands Into Memphis -

Avondale Partners, a Nashville-based boutique investment banking and wealth management firm, has opened a new office in Germantown with John Santi heading up the location as managing director.

The new office brings to the Mid-South investment banking and equity research focused on the health care, transportation, logistics and business services sectors as well as a fiduciary investment practice for individuals and institutions.

21. Start Co. Startups Pull in $1.8 Million -

The funding announcements keep rolling in for startup teams that participated in Start Co.’s 2014 round of accelerator programming.

22. Beer Revived -

Revive the beer garden, and they will come. If the soft opening held on Tuesday night, April 7, was any indication, then Tennessee Brewery: The Revival will have a nice run this spring.

Taking advantage of warm temperatures, patrons packed the pop-up beer garden at the recently purchased Tennessee Brewery at 495 Tennessee St. Among those milling about: Shelby County Mayor Mark Luttrell, city councilman Myron Lowery, and members of the Grizzlies’ front office.

23. Live Nation Beale Alliance Touted As Concert Comeback -

On the sidewalk in front of the New Daisy Theater on Beale Street are two brass music notes, side by side. One honors the late Mid-South Concerts promoter Bob Kelley and the other honors Mike Glenn, the New Daisy’s long-time operator.

24. US Economic Growth May Be Mild, But It's Also Really Durable -

WASHINGTON (AP) – The U.S. economy's tepid performance last quarter – a 2.2 percent annual growth rate – was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of the most durable since World War II.

25. Harbor of Health Doctor Closing Downtown Practice -

Dr. Susan Nelson’s health practice at Harbor of Health is closing next month, as she prepares to move to the Church Health Center this summer.

26. Harbor of Health Doctor Closing Harbor Town Practice -

Dr. Susan Nelson’s health practice at Harbor of Health is closing next month, as she prepares to move to the Church Health Center this summer.

27. Restless Winter -

For most of its 103-year life as city property, the Mid-South Fairgrounds has been a place where Memphians remember why they came there in the past, as local leaders have periodically pushed to remake its landscape and in turn create more memories going forward.

28. Brewery Developers Buy Site for New Apartment Building -

11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million

Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.

29. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

30. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

31. Brewery Developers Acquire Butler Avenue Land -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

32. Start Co. Expands Its Downtown Space -

The organization helping startup founders launch new ventures in Memphis will soon have more elbow room for the space where it holds events, teaches and provides a co-working environment for startup teams.

33. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

34. Events -

National Civil Rights Museum will hold its annual King Day Celebration Monday, Jan. 19, from 8 a.m. to 6 p.m. at the museum, 450 Mulberry St. Live performances will be featured throughout the day on the outdoor Founders Park stage. Museum admission is $5; $3 with the donation of a canned or nonperishable item; or free with a donation of a pint of blood to Lifeblood. Visit civilrightsmuseum.org.

35. Brewery Developer Calls for ‘Leap of Faith’ -

Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016, a veteran developer told a Downtown development board Tuesday, Jan. 13.

36. Tennessee Brewery Redevelopment Plans Emerge -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

37. New Details Emerge About Tennessee Brewery Redevelopment -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

38. Hearts and Minds -

Last fall, officials at Treadwell Middle School launched a school-wide beautification campaign, reaching out to anyone or any group that could help.

Lowe’s Home Improvement provided a $5,000 grant to help beautify a courtyard at Treadwell Middle and Memphis City Beautiful Commission also provided a grant and much more – a connection between the school and two commercial real estate businesses, Prologis and Colliers International Memphis.

39. Elvis Presley Enterprises Seeks $70 Million Building Permit for Hotel -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $70 million

40. McGuire Joins Insight Risk Management -

Myles McGuire has joined Insight Risk Management LLC as a corporate consultant. In his new role, he will consult with commercial clients and place them with the appropriate coverages to protect their business from risk and liability issues.

41. Historic Brewery Sold and Ready for Development -

The long-vacant Tennessee Brewery Downtown has been sold for $825,000 and could soon see new life.

The Tennessee Brewery LLC, a trust of the family that owns Memphis general contractor BHN Corp., sold the shuttered brewery at 495 Tennessee St. to 495 Tennessee LLC, according to a Nov. 5 warranty deed filed with the Shelby County Register of Deeds office.

42. NBA Extends Television Deals With ESPN and TNT -

NEW YORK (AP) – The NBA and its television partners couldn't wait to extend their contracts.

The league renewed its deals with ESPN and TNT even though two seasons remain on the old ones. With potential competition from Fox looming, both networks were willing to pay generously to secure the rights long term.

43. Orgel Hints at Tennessee Brewery Plans -

The owner of the Tennessee Brewery said the historic property could be transformed into a mixed-use project featuring apartments and some ground-floor commercial space, according to a news report.

Billy Orgel, president of cell phone tower development firm Tower Ventures, said the “likely” use of the massive property overlooking the Mississippi River at 495 Tennessee St. would be a combination of residential and commercial space, according to the Memphis Business Journal.

44. ZeroTo510 Accelerator Companies Win Funding -

One mark of the success of a startup accelerator program is if investors like what they see, once participating companies have gone through the program and are making pitches for funding.

By that standard, ZeroTo510 – the medical device company accelerator based in Memphis – continues to prove its value by setting up its participants to score the funding they need to build sustainable businesses. Two companies that went through ZeroTo510’s 2014 summer program – Compression Kinetics and EndoInSight – have been tapped to continue to the program’s next phase, also landing $100,000 in new funding each.

45. Start Co. Post-Acceleration Efforts Help Startups -

Graduation from a Start Co. startup accelerator and making a pitch to investors at the organization’s “Demo Day” is no longer the last stage to cross before entrepreneurs head out into the wild to sink or swim.

46. 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.

47. D. Canale Affiliate Buys Property for Distillery -

301 S. Front St.
Memphis, TN 38103
Sale Amount: $785,000

Sale Date: July 10, 2014
Buyer: Dominick Properties LLC
Seller: 301 South Front Street GP

48. Survey Aims to Help Protect Children’s Emotional Health -

A task force made up of more than 40 community leaders is asking randomly selected Shelby County residents to "Answer the Call" this summer by participating in a confidential phone survey, which will gather information to help develop tools to assist parents in protecting their children's emotional and behavioral health.

49. Microsoft Unveils Larger Surface Tablet -

NEW YORK (AP) – Microsoft announced a larger version of its Surface tablet to make the device more compelling as a laptop replacement.

The Surface Pro 3 will have a screen measuring 12 inches diagonally, up from 10.6 inches in previous models. Microsoft said it's also thinner and faster than before. The company said it worked closely with chip-maker Intel Corp. to maximize performance in a slim device.

50. Visible Appeal -

At one point a few days ago, the performance space at Visible Music College near the front entrance to the school was booming with raucous applause and with the strains of musicians performing, cutting loose and using the stage to explore the range of their musical talents.

51. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

52. Owner Files Loan on Summer Avenue Walgreens -

The owner of the Walgreens drugstore at 5828 Summer Ave. (U.S. 70) in Northeast Memphis has filed a $4.7 million loan on the property.

53. Idea Factories -

Never mind how fully formed or exciting the concept sounds, Michael Overton, partner and creative director at inferno, is probably going to want to see it on the wall.

54. How to Get Ahead in Business With a Short Resume -

NEW YORK (AP) – Hey twentysomethings, dreaming of trading in the safety of a regular paycheck to start your own business? There's no secret sauce. Instead, founders of three companies have obvious tips: Work hard, network and ask for help.

55. 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.

56. Wunderlich Caps 2013 With Big Investment -

In October, Wunderlich Securities Inc. CEO Gary Wunderlich traveled to Washington to testify in front of a congressional panel about promoting capital formation and job creation on behalf of the Securities Industry and Financial Markets Association.

57. 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

58. Classroom Coding -

A movement is afoot to ensure the classroom of the future adds new science and technology-based pillars – like writing code – to traditional standbys like reading, writing and arithmetic.

59. 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.

60. 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.

61. Social Lunch Preps for Memphis Launch -

A new social lunch event called Lunchbox is preparing to launch in Memphis next month, the product of business partners who left San Francisco this summer to come to Memphis and build a creative venture here.

62. Pote Builds Bridges Through Seedco Community Work -

Seedco is a national nonprofit whose mission statement since 1987 has been “to advance economic opportunity for people, businesses and communities in need.”

This is done, says Lisa Pote, senior vice president for Seedco’s Mid-South regional office, by working with individuals and businesses, and within the communities themselves, “to be a contribution to the communities that we’re in.” Seedco has been working within Shelby County since 2004, and has 30 employees.

63. Europe Mulls Sanctions Against US Over Spying -

BERLIN (AP) – The United States could lose access to an important law enforcement tool used to track terrorist money flows, German officials said Monday, as Europe weighs a response to allegations that the Americans spied on their closest European allies.

64. ‘Intertwined’ -

In 2007, the Grizzlies were no longer a novelty in Memphis. They also were no longer a playoff team. Rather, they were a punch line lost in the expansive blue and gray shadow of the University of Memphis and a fast-talking operator/coach named John Calipari.

65. Coston-Holloway Finds Myriad Ways to Give Back -

Joann Coston-Holloway, an associate with Baker, Donelson, Bearman, Caldwell & Berkowitz PC, is Shelby County’s district representative for the Tennessee Bar Association.

One of her roles is helping plan the Young Lawyers Division’s upcoming Wills for Heroes event, where attorneys will provide basic wills, living wills, and health care and financial powers of attorney to first responders and their spouses or partners.

66. Job Training Spurs Unilever Growth -

The Unilever USA plant in Covington should be the largest ice cream manufacturing plant in the world by 2016, following an $108.7 million expansion announced last week in Covington.

But when the global company began making ice cream in Covington in 2011 at what used to be a SlimFast plant, it was not a promising beginning.

67. Independent Growth -

The Jones Clinic is taking steps this summer to accommodate growing patient referrals, with recent hires at key positions and an operational overhaul involving conversion to electronic medical record systems.

68. 'Obamacare' Contractors Project Confidence -

WASHINGTON (AP) – Major contractors hooking up the internal plumbing of President Barack Obama's health care law projected confidence Tuesday that they will be ready to go by an Oct. 1 deadline, even though the system is still being tested.

69. 3 ZeroTo510 Companies Win Additional Funding -

Three companies that participated in the 2013 ZeroTo510 medical device accelerator program this summer have been chosen to continue to the program’s second phrase and get an additional round of funding – $100,000 each, to be exact.

70. Three ZeroTo510 Companies Win Additional Funding -

Three companies that participated in the 2013 ZeroTo510 medical device accelerator program this summer have been chosen to continue to the program’s second phrase and get an additional round of funding – $100,000 each, to be exact.

71. Woeppel Named CEO of UT Medical Group -

Charles “Chuck” Woeppel has been named chief executive officer of UT Medical Group Inc. Woeppel, who has served as the organization’s chief operating officer since 2012, will also continue in that role.

72. Influence1 Files $2.6 Million Loan for Former Bishop Byrne -

1475 E. Shelby Drive
Memphis, TN 38116
Loan Amount: $2.6 million

Loan Date: Aug. 23, 2013
Maturity Date: Aug. 23, 2024
Borrower: The Influence1 Foundation
Lender: Regions Bank
Details: The Influence1 Foundation, the Memphis-based organization that bought the former Bishop Byrne High School in June, has filed a $2.6 million loan on the property, at 1475 E. Shelby Drive in Whitehaven.

73. Building Permit Filed for Volvo of Memphis -

7910 Trinity Road
Cordova, TN 38018
Permit Cost: $2.3 million

Project Cost: $3.5 million
Permit Date: Applied August 2013
Completion: Summer 2014
Owner: Wenco Properties LLC
Tenant: Volvo of Memphis
Architect: Fleming Associates Architects PC
Contractor: Grinder, Taber & Grinder
Details: The ownership group of Volvo of Memphis has filed a $2.3 million building permit for the company’s new dealership at 7910 Trinity Road in Cordova.

74. ServiceMaster by Stratos' Philosophy Spurs Growth -

Stacy McCall began working at the contract janitorial business that was then called ServiceMaster Building Maintenance in 1988.

75. Change of Scenery -

After spending years or decades in their current form, longtime staples of the local real estate scene are about to disappear or undergo major changes that will forever alter the city’s built landscape.

76. James Lee House Owner Files Construction Loan -

690 Adams Ave.
Memphis, TN 38105
Loan Amount: $1 million

Loan Date: June 4, 2013

Maturity Date: June 4, 2019

77. Neal Joins Madison Line Records as Chief Operating Officer -

Antonio Neal has joined Madison Line Records, the record label affiliated with Visible Music College, as chief operating officer. Neal – a four-time Gospel Music Association Dove Award winner who has also been nominated for a Grammy Award and four Stellar Gospel Music Awards – will oversee marketing, publishing and day-to-day operations at the label.

78. Events -

Methodist Le Bonheur Germantown Hospital will hold a stroke survivor group meeting Tuesday, June 4, at 5 p.m. in suite 250 of Medical Office Building A, 7655 Poplar Ave. Stroke survivors will discuss caregiving issues; partners and family will discuss time and stress management. Call 516-6929.

79. Events -

The Daily News will host its Money and Markets: State of the Economy seminar and panel discussion Thursday, June 6, at 3:30 p.m. in the Memphis Brooks Museum of Art auditorium, 1934 Poplar Ave. Craig Dismuke, senior vice president and chief economic strategist at Vining Sparks IBG, will present the keynote. Cost is $25. Visit seminars.memphisdailynews.com.

80. Events -

West Tennessee Historical Society will meet Monday, June 3, at 7 p.m. in the Wunderlich Auditorium at Memphis University School, 6191 Park Ave. Joe V. Lowry will present “Memphis: Going Through Changes, 1890-1929.” Visit wths-tn.org.

81. Events -

The Healthy Church Challenge Obesity Summit will be held Saturday, June 1, from 10 a.m. to 1 p.m. at Breath of Life Christian Center, 3795 Frayser Raleigh Road. Winners of the 100-day weight-loss challenge will be announced; other events include a keynote by fitness expert Donna Richardson, health screenings and workout sessions. Call 278-0881.

82. Tennessee Receives Grant for Workforce Development -

The Tennessee Department of Labor and Workforce has announced the United States Department of Labor awarded the state $697,963 for exceeding all performance goals that were set for the state’s workforce development and education activities.

83. Former Ike’s on Summer Sells for $2.7 Million -

4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

84. Former Ike’s on Summer Sells for $2.7 Million -

A 16,085-square-foot former Ike’s drug store at the corner of Summer Avenue and North Perkins Road in Berclair has sold for $2.7 million.

FSC FMC-FD Memphis TN LLC, which lists a Lake Como, N.J., address, bought the property at 4569 Summer Ave. on May 17 from FDS Holdings LLC and Blue Cedar Properties LLC.

85. Oakhaven Warehouse Sells After Foreclosure -

4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013

86. Obama Nominates Pritzker, Froman for Economic Jobs -

WASHINGTON (AP) – President Barack Obama on Thursday chose two old friends with corporate executive experience for top posts on his economic team, naming longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.

87. Chisca Rebirth -

“Memphis: The Musical” meets the real life setting Friday, April 26, for the fictional story of a Memphis radio announcer in the 1950s.

Actor Bryan Fenkart will walk about a block on South Main Street from The Orpheum Theater to the old Chisca hotel to perform at the project’s launch party. The party in the hotel’s garage space kicks off the $24 million renovation of the hotel as an apartment building.

88. Twinkies Sale Approved by Judge -

NEW YORK (AP) – A bankruptcy judge on Tuesday approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back on shelves by summer.

Hostess Brands Inc. is selling Twinkies, Ding Dongs, Ho Hos and other brands to Apollo Global Management and Metropoulos & Co. for $410 million. Evan Metropoulos, a principal of the latter firm, said in an interview that he wants to have the snack cakes back on shelves by June and that the brands could benefit from new flavors and other product extensions.

89. Tunes for Tots -

Just as Jim Jaggers, meteorologist for WREG News Channel 3, uses the power of his bike pedals to raise money and awareness for Le Bonheur Children’s Hospital through Go Jim Go, his son Justin is using guitar pedals to do the same.

90. Koury’s Success Defined by Partnerships, Programming -

Heather Baugus Koury has been executive director of the American Institute of Architects Memphis chapter for more than a decade, and although she was just named to the distinguished status of Honorary AIA, she’s never considered becoming a practitioner.

91. South Main’s New Life -

The history of the South Main Historic Arts District is as colorful as its present-day users, an alternating rhythm of sorts in Memphis’ songbook.

The area has oscillated from its ritzy suburban roots of the 1800s to the industrial era ghost town of the 20th century and now to its current status as Downtown’s flourishing arts and boutique district and the subject of some $100 million in investment. And it’s all due to stakeholders who braved the status quo in distinguishing the southern end of the Central Business District as that funky place with an indescribable vibe.

92. Business Executives Discuss Grizzlies' Impact -

For years, FedEx Corp. has brought in 50 of the nation’s leading MBA students to try and recruit them to Memphis.

93. Grizzlies Owners Tout ‘Sustained Success’ -

Every year, FedEx Corp. brings in 50 of the nation’s leading MBA students to try and recruit them to Memphis.

After a three-day weekend of briefing those young professionals on the company and civic culture, an exit survey is conducted with those who didn’t choose FedEx. The No. 1 reason for why they opted out of Memphis? The lack of professional sports teams.

94. Kroc Center Opens to Big Crowds -

To cap off Healthy Heart Month, the new 100,000-square-foot Kroc Center held its open house and ribbon-cutting ceremony last weekend.

The state-of-the-art Salvation Army Ray and Joan Kroc Corps Community Center has welcomed more than 10,000 visitors in its first few days.

95. Potter Promotes Grizzlies With Memphis Flair -

Although he didn’t know it at the time, Jason Potter got his first taste of event promotion while studying business at Indiana University.

96. Green Line Marketing Doubles Office -

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

97. Vaco Memphis Adds Two Divisions -

Vaco has added two new divisions to its Memphis office, growth partners of the consulting and placement firm say is an organic extension of its service offerings.

Vaco – a Nashville-based staffing firm that provides candidates for positions in finance, accounting, technology and logistics – has recently launched a new division, Vaco Operations, which will be focused on recruiting human resources, sales, marketing and executive assistants.

98. Health Care Alignment Trend Accelerates -

The trend for alignment between hospital systems and private physicians hit the Mid-South in mid-2010 and has gained momentum since.

The area’s three major hospital systems – Baptist Memorial Health Care, Methodist Le Bonheur Healthcare and Saint Francis Healthcare – are padding their physician rosters with primary care doctors and specialists by acquiring practices in strategic locations throughout the Memphis market.

99. US Firms Seeing Fewer Women as Associates -

There aren’t as many women associates working at U.S. law firms as there have been in the recent past.

That’s according to the latest numbers from the National Association for Law Placement, which show women accounted for 45.05 percent of all associates in 2012, down from 45.35 percent the year before.

100. Fayette, Marshall Prep for Ambitious Industrial -

With Norfolk Southern Corp.’s Memphis Regional Intermodal Terminal now operational in Rossville and a pair of large-scale industrial manufacturing buildings under way in the area, stakeholders say the future is bright for the region.