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Editorial Results (free)

1. Long Council Day Comes With Change, Emotions -

It was apparent early in the long council day Tuesday, June 17, at City Hall that there wouldn’t be many amendments to the $600 million operating budget and $84 million capital budget the council would approve later that evening.

2. Council Approves Budgets, Stable Tax Rate, Health Insurance Changes -

Memphis City Council members approved a $600 million operating budget and an $84 million capital budget Tuesday, June 17, for the city government fiscal year that begins July 1.

And the council gave final approval to larger changes to employee and retiree health insurance plans designed to make long term changes necessary to right the city’s financial condition.

3. Rainey Kizer’s Dexter Named Board Chair for Girls Inc. -

Latosha Dexter, an attorney with Rainey Kizer Reviere & Bell PLC, has been named board chair of Girls Inc. of Memphis, as well as the organization’s Mentor of the Year.

4. Seven Suburban School Board Races Contested -

The suburban school board races next month come down to seven contested elections in four of Shelby County’s six suburban towns and cities.

With the decisions in those races and 21 uncontested school board races, voters will have taken the final votes to put in place their own municipal school districts separate from the countywide school system that opened for its first school year Aug. 5.

5. Early Voting Expands in District 91 Primary -

Early voting in the Democratic primary special election for State House District 91 expands Friday, Sept. 27, from the Shelby County Election Commission’s Downtown offices, 157 Poplar Ave., to three satellite locations.

6. I-Bank Grows in Namesake East Memphis Office Tower -

Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.

7. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

8. 6 Months Later, What has Occupy Protest Achieved? -

NEW YORK (AP) – As spring approaches, Occupy Wall Street protesters who mostly hibernated all winter are beginning to stir with plans for renewed demonstrations six months after the movement was born.

9. AP Source: Freeze Agrees to Take Ole Miss Job -

Arkansas State's Hugh Freeze has agreed to take the Mississippi job, according to a person familiar to the coaching search.

10. Nike Adds 400K Square Feet To Local Portfolio -

The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.

Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.

11. 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.

12. Former Bennigan’s Set to be Razed -

5336 Poplar Ave.
Memphis, TN 38119
Permit Amount: $775,000

Project Cost: n/a
Permit Date: Applied August 2010
Completion: Late fourth quarter 2010
Owner: Danco
Tenant: Newk’s Express Café
Contractor: Fleming/Associates/Architects PC
Architect: Horizon Construction LLC

13. Yun Brings Economic Forecast to MAAR Summit -

Lawrence Yun, chief economist for the National Association of Realtors, will be in Memphis next week to discuss all things housing.

Yun is coming to town courtesy of the Memphis Area Association of Realtors, which is hosting its first Residential Real Estate Summit Monday from 1 p.m. to 4 p.m. at the Germantown Performing Arts Centre.

14. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

15. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

16. Events -

The Memphis Chapter of the Public Relations Society of America will meet for its monthly luncheon today at 11:45 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Jennifer Johnson, principal for Athena Business Communications Strategy, will discuss the future of the press release. The luncheon is free for members, $25 for nonmembers and $15 for students. To register, visit www.prsamemphis.org.

17. Local Logistics Industry Embraces Norfolk Southern Expansion -

Although Norfolk Southern Corp.’s planned $129 million intermodal yard won’t be built within the city limits but instead in neighboring Rossville, Memphis’ logistics and distribution industries stand to benefit from the railroad’s decision to expand its local presence.

18. Newly Merged Renal Firm To Improve Poplar Ave. Building -

1333-1341 Poplar Ave.
Memphis, TN 38104
Permit Amount: $1.2 Million

Project Cost: $1.2 million
Permit Date: Applied December 2008
Completion: TBA
Owner: National Renal Alliance LLC
Tenant: National Renal Alliance LLC
Contractor: N/A
Architect: N/A

19. 62-Bed Alzheimer’s Facility Coming to Germantown - 3179 Professional Plaza
Germantown, TN 38138
Permit Amount: $5.6 Million

Project Cost: $5.6 million
Permit Date: Applied October 2008
Completion: October or November of 2009
Owner: Alexander Enterprises
Tenant: Alexander Enterprises
Contractor: Patton and Taylor Enterprises
Architect: O.T. Marshall Architects

Details: An Alzheimer’s facility called the Gardens of Germantown soon will rise at 3179 Professional Plaza, which runs between Poplar Avenue and Poplar Pike near the Germantown/Collierville border.

Developer Alexander Enterprises has filed a permit application with the city-county Department of Construction Code Enforcement to build the 30,500-square-foot, single-story facility. The Gardens of Germantown will be a 48-unit, 62-bed facility that sits on roughly half of a 4.36 acre-parcel backing up to the Village Shops of Forest Hill retail center. Beacon Communities Inc. of Cumming, Ga., will manage the facility.

Construction on the building, set to begin in December, should take 10 months, said Michael Alexander of Alexander Enterprises, with an opening projected for October or November 2009. The property has been divided into two lots, with the Gardens of Germantown slated for the northwest corner of the property.


1.46 Acres in Commons at Dexter Lake
Cordova, TN 38018
Loan Amount: $1.2 Million

Loan Date: Oct. 2, 2008
Maturity Date: April 22, 2009
Borrower: Commons at Dexter Lake LLC
Lender: First Citizens National Bank

Details: A $1.6 million retail center with a French Quarter motif is being built in Cordova. The Commons at Dexter Lake LLC has filed a $1.2 million construction loan to build a 10,400-square-foot retail center, dubbed Vieux Carré, south of Dexter Road and west of Chickering Lane. Construction started last week. The development team bought the land from John B. Maxwell Jr., trustee for the sellers, for $334,541 and filed the construction loan through First Citizens National Bank. Commons at Dexter Lake LLC principal Nancy Waddell signed the trust deed. The center will sit on a 1.46-acre parcel near the Commons at Dexter Lake retail center and the Reserve at Dexter Lake apartments. A spokesman for the developer said the seven-bay center already has five leases signed. Tenants include a Belle Meade salon, financial planner Martin Hearn, a Crown Trophy store and a florist/gift shop. Jeff Blackledge is architect for Vieux Carré. KT Construction LLC, whose partners are Scott Turnage and Riley Kail, will be the general contractor. Turnage said the company is “stripping the lot off right now and pushing hard for the first of the year” to complete the center. “We’re going to go for kind of a hybrid French Quarter style – we’re going to be doing more of a Bourbon Street look,” Turnage said. “It’s going to be a strip center, but we’re going to try to give each space individuality, using depth and height offsets to try to give each space somewhat of a unique appearance.” More retail space will be coming to the site soon.


6075 Winchester Road
Memphis, TN 38115
Sale Amount: $1.4 Million

Sale Date: Oct. 23, 2008
Buyer: World Overcomers Outreach Ministries Church Inc.
Seller: Carlyle Rock Ridge LLC
Loan Amount: $1.2 million
Loan Date: Oct. 24, 2008
Maturity Date: N/A
Lender: Tri-State Bank of Memphis

Details: World Overcomers Outreach Ministries Church Inc. has bought the Hickory Ridge Mall for $1.4 million from Carlyle Rock Ridge LLC. The roughly 500,000-square-foot Hickory Ridge Mall sits on 44 acres at 6075 Winchester Road in Hickory Hill. It was damaged by a tornado during the Feb. 5 storms that ripped through the southern and southeastern areas of town. World Overcomers will retain its congregational home at the former Central Church at 6655 Winchester Road, down the road from the mall. The church bought that property in 2001 for $10 million. Church pastor Alton Williams has announced plans to turn the mall into a Christian community center, replete with a restaurant, banquet hall, theater and other services for the neighborhood. The Hickory Ridge Mall opened in 1981 to much fanfare, but it steadily declined over the years as newer malls opened in other parts of town and tenants departed. The February storm proved to be a death knell for the mall. Although the city of Memphis considered buying it and turning it into a satellite office for city services, the renovation proved too costly.


...

20. Lightman Realty to Begin Phase II of Centennial Gardens -

7751 Centennial Drive
Memphis, TN 38125
Permit Amount: $10.6 Million

Project Cost: $14 million
Permit Date: Applied October 2008
Completion: 2010
Owner: Michael Lightman Realty Co.
Tenant: Michael Lightman Realty Co.
Contractor: Patton & Taylor Construction Co.
Architect: MMH Hall Architects and Planners Inc

21. Regional Logistics Council Looks to '08 -

Formed three years ago to address Memphis' ever-growing and ever-changing role in global distribution and logistics, the Regional Logistics Council will close the books on 2007 - and look ahead to 2008 - at its quarterly meeting Thursday.

22. Archived Article: Newsmakers - The National Association of Women in Construction announced the election of its 2004-2005 Officers and Directors: Marie Kohn,

McRea Remembered for Good Spirit, Tough Resolve

The Memphis legal community honors the life of an honorable man this ...

23. Archived Article: Newsmakers - Realtors Association Announces President, Board

MAAR Confirms Officers, Board Members The Memphis Area Association of Realtors confirmed president-elect Bob Turner as 2004 president and elected Sue Stinson-Turner as 2004 president-elect. Neil Hub...

24. Archived Article: Bellevue (lead) - Developer eyes Appling intersection for shops

Developer eyes Appling intersection for shops

By STACEY WIEDOWER

The Daily News

A planned development that would expand commercial offerings in an area previously designated for office space ...

25. Archived Article: Smith Clinic (lead) - By Stacey Wiedower New clinic open in bustling Cordova By Stacey Wiedower The Daily News In celebrating the opening of the Smith Clinic for Physical Therapy, Michael Smith realized a dream to follow in his fathers entrepreneurial footsteps. The clin...

26. Archived Article: Lucb Lj - Site plans for a new Starbucks coffee LUCB approves site plans for distribution, office and retail projects By LAURIE JOHNSON The Daily News Site plans for a new distribution facility, two office buildings, a Super D drugstore and a Starbucks coffee...

27. Archived Article: Real Review Lj - Real Review 8-02-99 By LAURIE JOHNSON The Daily News Trammell Crow Co. broke ground Monday on the first phase of a new office development in southeast Shelby County at Forest Hill Heights. The first phase of the project includes a 75,000-square-foot...

28. Archived Article: Calendar - Nov Nov. 10 Public Issues Forum will meet at 7 p.m. at Memphis Community Foundation, 1900 Union Ave. A panel presentation will discuss light rail for Memphis and Shelby County. The panelists will include Howard R. Maier, executive director, Northeas...

29. Archived Article: Calendar - Nov Nov. 3 The Society for Technical Communication will meet at the Unicorn restaurant beginning with a social hour at 5:30 p.m. The program begins at 7 p.m. The speaker will be Donald Ray, a technical writing manager at Celcore, who will offer tips...

30. Archived Article: Cordova Coll Exp Lj - lj 10/5 cates Roadway improvements spur Cordova property purchase By LAURIE JOHNSON The Daily News In anticipation of upcoming roadway improvements to a major artery in Cordova, a Memphis real estate partnership has purchased property for future dev...

31. Archived Article: Eminent Domain Lj - lj 10/5 cates Proposed legislation raises economic development hurdles By LAURIE JOHNSON The Daily News A series of proposed state legislative bills could hinder the states ability to attract new industrial development by adding a further obstacle t...