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Editorial Results (free)

1. Savers Beware: Fees May be Shrinking Your 401(k) -

WASHINGTON (AP) – It's the silent enemy in our retirement accounts: High fees.

And now a new study finds that the typical 401(k) fees – adding up to a modest-sounding 1 percent a year – would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options. To compensate for the higher fees, someone would have to work an extra three years before retiring.

2. Sweetie Pie’s Signs at Fourth and Beale -

The Beale Street entertainment district has a new tenant on its eastern border with Fourth Street in a space that has been closed for 12 years.

Downtown Memphis Commission president Paul Morris tweeted Thursday, April 10, that Sweetie Pie’s, a soul food restaurant with three locations in St. Louis and plans for expansion in other cities, will open at 349 Beale St. on the southeast corner of Fourth and Beale streets.

3. Commission Takes Up Family Planning Contract -

Shelby County commissioners Monday, March 24, take up an attempt to end the county’s contract for federally funded family planning and related health services with Christ Community Health Services.

4. Tennessee Brewery Plan Unveiled -

Memphis businessman Taylor Berger is part of a team preparing to take short-term ownership of the Tennessee Brewery Downtown, with plans to bring a variety of community-focused uses to the site from roughly the last weekend in April through the last weekend in May.

5. Collier Village Apartments Sell for $4.4 Million -

The 100-unit Collier Village Apartments at 365 Center St. in Collierville has sold for $4.4 million.

Collier Village Apartments Utah LLC – an affiliate of Salt Lake City-based Property Asset Management Inc. – bought the townhouse-style multifamily complex in a Feb. 26 special warranty deed from Collier Village Associates LLC.

6. Beale Street Music Festival Offers Diverse Lineup -

The lineup for the three-day Memphis in May Beale Street Music Festival features a new night of late-night dance music from a stage in Tom Lee Park and a 69-act lineup in which Memphis artists are nearly a third of the diverse set of performers.

7. Beale Street Music Festival Lineup Announced -

The bill for the three-day Memphis in May Beale Street Music this year features a new night of late night dance music from a stage in Tom Lee Park and a 69-act lineup in which Memphis artists are nearly a third of the diverse set of performers.

8. Strickland: Shorten Pension Ramp-Up -

The Memphis City Council chairman thinks the city shouldn’t take five or six years to ramp up to an annual pension fund contribution of $100 million but instead do it in two fiscal years.

“I think everyone is in uniform support of fully funding our annual contribution,” council chairman Jim Strickland said on the WKNO-TV program “Behind the Headlines.” “In fact, I don’t think we ought to take six years. I think we ought to take two years. Get it fully funded, whether its $60 million or $100 million.”

9. Beale Alterations Point to Possible Larger Changes -

As a brass band leading a lunch-hour parade on Beale Street last Friday passed Handy Park, a crew wearing the district’s new uniforms for maintenance workers were taking down the Performa Entertainment sign outlining the ground rules for the park area.

10. Morris: High Bids Lead to Harahan Redesign -

Plans for the pedestrian and bicycle boardwalk on the north side of the Frisco Bridge are being redesigned after the first bids on the boardwalk came in too high.

But Downtown Memphis Commission President Paul Morris said talks are underway with Union Pacific railroad executives about a compromise as backers of the part of the larger “Main to Main” project seek to raise more private funding.

11. Raymond James Looks to Sublease Space -

Raymond James Financial Inc. is marketing space it has vacated at its 21-story Downtown office tower for subleasing opportunities as the company continues to evaluate its real estate needs.

12. New Management -

It was shortly after 7 p.m. on Friday, Jan. 3, and Downtown Memphis Commission president Paul Morris got an urgent message about a problem on Beale Street.

13. DMC to Oversee Interim Management of Beale -

Beale Street developer John Elkington will mark his departure from the development and management of the entertainment district this week, ahead of what looks to be a formal exit at the end of the month.

14. US Ban on High-Risk Bank Trades Approved -

WASHINGTON (AP) – U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.

15. Events -

Beth Sholom Synagogue will present Acoustic Sunday Live!, featuring Jesse Winchester, Mary Gauthier, Amy LaVere and John Paul Keith, Sunday, Dec. 8, at 7 p.m. at the synagogue, 6675 Humphreys Blvd. Doors open at 6:15 p.m. Buy tickets at bsholom.org.

16. CubeSmart Sells Storage Facility for $7.9 Million -

2700 Poplar Ave.
Memphis, TN 38112
Sale Amount: $7.9 million

Sale Date: Nov. 4, 2013
Buyer: WCP/DSSH Holdings 16 LLC
Seller: CubeSmart LP
Details: Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

17. ‘Handle With Care’ -

Once the settlement of a lawsuit over control of Beale Street is complete, the administration of Memphis Mayor A C Wharton Jr. plans on issuing requests for firms to manage and develop the thriving entertainment district.

18. The Fed Sets Fed Policy -

The Fed has two primary job descriptions. First, keep prices stable. Second, promote an environment of economic growth that provides employment opportunities. Which is more important?

Economic crises at their core typically consist of disruption in financial and currency markets. Once the financial transmission mechanisms fail, hard recessions and unemployment spikes follow. I struggle to identify a crisis scenario where the catalyst was a spike in unemployment that led to a disruption in the financial and currency markets. Therefore, a central bank’s first and highest priority should be maintaining price stability.

19. No Surprises for Alexander and GOP Incumbents -

NASHVILLE (AP) – Faced with a potentially serious primary challenger, Tennessee Sen. Lamar Alexander was not about to sit back and wait.

The former two-term governor locked down endorsements, banked more than $3 million and linked arms with popular Sen. Rand Paul of Kentucky and former GOP presidential contender Mike Huckabee. When conservative state Rep. Joe Carr announced he would challenge Alexander, the senator's team was ready.

20. 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.

21. South Junction Files $14.8 Million Loan -

Just a few days after its permits were filed, the development group building the 197-unit South Junction apartments Downtown has taken out a $14.8 million construction loan for the project.

South Junction Partners – through a payment-in-lieu-of-taxes (PILOT) program via the Memphis Center City Revenue Finance Corp. – filed the deed of trust Aug. 27 with SunTrust Bank.

22. 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.

23. Events -

The Daily News will host its HR Rules and Ramifications Seminar and panel discussion Thursday, Aug. 8, at 3:30 p.m. in the Memphis Brooks Museum of Art auditorium, 1934 Poplar Ave. The seminar will include an overview of changing employment laws and advice on dealing with real-life workplace issues. Paul Pattenof Jackson Lewis LLP will present the keynote. Cost is $25. Visit seminars.memphisdailynews.com.

24. All Aboard -

Central Station is poised to ride Downtown’s development momentum into its next phase of life.

Memphis Area Transit Authority officials are now reviewing requests for proposals for the next round of redevelopment at the iconic Downtown property.

25. Green Shoots -

The busiest time of the year along the Shelby Farms Greenline is also the busiest time of the year for Cheffie’s, an example of a business that is a direct beneficiary of being near the Tillman Street end of the greenline that extends east to Shelby Farms Park.

26. Rockin’ Summer -

Just shy of 40 years after the band Big Star last played at the Overton Park Shell, the short-lived Memphis band is about to have a bigger summer locally than it could have envisioned in 1974.

A long-awaited documentary about what has become the city’s most famous unknown band opens Friday, July 12, in a movie theater at the epicenter of the 1970s Memphis environment the band lived its short life in.

27. Historic Transformation -

Around nine years ago Scott Blake was walking to St. Mary’s Episcopal Cathedral when he noticed a window in the tower at the historic James Lee House in Victorian Village had been blown out, exposing it to the elements.

28. 'Cycle Tracks' Latest Bike Initiative for City -

As the $33 million Main Street to Main Street project unfolds, the term “cycle track” is sure to be heard more.

A cycle track is a bicycle lane on a street that is shielded or separated from auto traffic by some kind of barrier or wall.

29. Room Race -

To illustrate the stiff competition Memphis faces in landing conferences and conventions because of hotel room capacity available in the city, Memphis-based hotel consultant Chuck Pinkowski points to a formidable foe just three hours away.

30. Reports Reflect Fed's Message of Stronger Economy -

WASHINGTON (AP) – The U.S. housing recovery is strengthening. Factories are fielding more orders. And Americans' confidence in the economy has reached its highest point in 5.5 years.

That brightening picture, captured in four reports Tuesday, suggests that the economy could accelerate in the second half of the year. It underscores the message last week from the Federal Reserve, which plans to slow its bond-buying program this year and end it next year if the economy continues to strengthen. The Fed's bond purchases have helped keep long-term interest rates low.

31. Morris to Lead Main to Main Project -

Downtown Memphis Commission President Paul Morris will become the new project director for the Main Street to Main Street revitalization project that includes a Harahan Bridge boardwalk.

32. Morris to Lead Main to Main Project -

Downtown Memphis Commission president Paul Morris will become the new project director for the Main Street to Main Street revitalization project that includes a Harahan Bridge boardwalk.

33. Removing Barriers -

While enjoying a meal near the Eiffel Tower in Paris, Terry Lynch reminisced on the wilting but salvageable Chisca Hotel in Downtown Memphis.

34. Boyle Helps Reach Harahan Funding Goal -

The city of Memphis has raised the matching funds to build the “Main to Main Connector” thanks to local donations, the latest of which is $50,000 from Memphis-based Boyle Investment Co.

35. Westin Addresses Overbooked Weekend -

The Westin Memphis Beale Street Hotel has spent about $15,000 to compensate customers the hotel did not have rooms for last weekend during an overbooked three-day period that included several high-profile events Downtown.

36. ‘All Options Open’ -

It’s been almost two years since Pinnacle Airlines moved more than 600 employees into the One Commerce Square building Downtown.

Hailed as a victory in the long-running battle to revive Downtown, Pinnacle’s move to the 29-story building at Union Avenue and Main Street was hailed by city, county and business leaders as a signature event that would spur more investment and development in the city’s core.

37. Median CEO Pay Rises to $9.7 Million in 2012 -

CEO pay has been going in one direction for the past three years: up.

The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

38. Talks Underway for Club 152 Reopening -

The owners of Club 152 on Beale Street and prosecutors with the Shelby County District Attorney General’s office have been talking since the club was shut down a week ago as a public nuisance.

Both sides are due back before General Sessions Environmental Court Judge Larry Potter Thursday, May 21.

39. International Interaction -

Memphians and out-of-towners are gathering Downtown throughout this month to hear the stirring sounds of the Memphis Symphony Orchestra, savor the product of competitive barbecue cooking and watch major touring acts rock the stages at Tom Lee Park.

40. Test Drive -

When car sharing meets the parking and driving practices of Memphians on the streets of Downtown, the encounter could go so many ways between bad and good.

So when Zipcar parked four cars in four on-street parking spaces Downtown last month, there were a lot of questions first about how car sharing works but also about whether the national trend would apply to a city with a unique driving culture.

41. Carlisle Corp. Solidifies Development of Chisca -

Paul Morris hesitated when he started organizing the project launch two weeks ago for the renovation and conversion of the old Chisca hotel into an apartment building.

42. Basketball Boon -

Before the Grizzlies began their first-round playoff series with the Clippers in Los Angeles, Dennis Flanagan looked ahead to Game 3, which was to be played on Thursday night, April 25, in Memphis.

43. 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.

44. Stories of the Street -

On a frosty Monday afternoon in late March, Cynthia “Cee Cee” Crawford stood at the intersection of Park Avenue and Getwell Road waving copies of Memphis’ new street newspaper, The Bridge.

45. Rediscovering the Past -

High-rise office buildings surround it on two sides and even the multistoried rectory at St. Peter Catholic Church offers a downward view of the Magevney House on Adams Avenue, east of Third Street.

46. Design Review Board to Discuss Artspace, Bass Pro -

The Downtown Memphis Commission Design Review Board will discuss three major concepts at its Wednesday, March 6, meeting.

There is a construction application for Artspace Projects Inc.’s South Main Artspace Lofts, an adaptive reuse of the former United Warehouse at 138 St. Paul Ave. behind The Arcade Restaurant.

47. 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.

48. Design Review Board to Discuss Artspace, Bass Pro -

The Downtown Memphis Commission Design Review Board will discuss three major concepts at its Wednesday, March 6, meeting.

There is a construction application for Artspace Projects Inc.’s South Main Artspace Lofts, an adaptive reuse of the former United Warehouse at 138 St. Paul Ave. behind The Arcade Restaurant. The $12.5 million project will also include the new construction of a building over what is currently a parking lot with 44 live/work spaces, as well as more than 20,000 square feet of commercial space, which includes gallery space and an outdoor arts garden and performance plaza. Construction is planned to commence in October with an expected placed-in-service date in November 2014.

49. ADDYs Boast Creative Industry’s Finest -

The tall ceilings and 100-year-old wood flooring of the historic 409 S. Main St. building were right in line with the American Advertising Federation Memphis’ 2013 ADDY Awards ceremony, themed beware of “The Creeping Boredom.”

50. Incentives Help Bring More Women Into Business Fold -

When Kimberly Taylor decided to launch her boutique K’PreSha, she considered East Memphis and Downtown.

51. Filling the Voids -

Last year was a banner year for adaptive reuse projects in Midtown and Downtown.

Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.

52. Events -

The Blues Foundation will host the 29th annual International Blues Challenge Tuesday, Jan. 29, through Saturday, Feb. 2, in Beale Street venues and other Downtown locations. Visit blues.org for a full schedule and tickets.

53. Club Crave Nuisance Case Moves Slowly -

The Shelby County District Attorney General’s office and attorneys for the owners of Club Crave have been talking privately since prosecutors got the court order that closed the Beale Street nightspot during the Christmas holidays as a public nuisance.

54. Battling Blight -

The kickoff date to the Downtown Memphis Commission’s anti-blight initiative on April 1, 2011, is embedded in president Paul Morris’ memory.

55. Exeter Buys West Memphis Warehouse for $15.6 Million -

Pennsylvania-based Exeter Property Group has snatched up the Smucker’s distribution warehouse in West Memphis for $15.6 million.

The 600,000-square-foot facility was a foreclosed property from Bank of America, which was selling it with a year-end anticipated closing, said Matt Brodnik, Exeter’s director of capital markets.

56. US Economy Could Handle Short Fall Over 'Cliff' -

WASHINGTON (AP) – The economic threat that's kept many Americans on edge for months is nearing reality – unless the White House and Republicans cut a budget deal by New Year's Day.

57. Blu Logistics Rebrands, Grows Memphis Presence -

Blu Logistics has made its move into Memphis and hopes to fill a niche in the local logistics market.

The company opened a Downtown office in early September and adopted a new brand image in mid-November.

58. Road Project Will Enhance Local Logistics Assets -

Construction is barreling forward on the Paul Lowry Road project, which will provide better access to the Frank C. Pidgeon Industrial Park south of Downtown.

The six-month project began in June, and a completion date is on target for the second week of December.

59. Garage Demolition First Step for Downtown Project -

The Downtown parking garage attached to the 147 Jefferson Ave. building is being demolished, the first of many steps the property owner is taking to redevelop its adjacent 12-story masonry office building for a proposed mixed-use facility.

60. Heritage Trail Plan Raises Concerns -

While the focus of the Heritage Trail Community Redevelopment Plan is on public housing projects Cleaborn Pointe at Heritage Landing and Foote Homes, the 20-year plan has far reaching implications for Downtown stakeholders, especially real estate developers.

61. Center City Revenue Finance Corp. Passes Financing for Downtown Buildings -

The Downtown Memphis Commission’s Center City Revenue Finance Corp. passed several housekeeping items at its Tuesday, Nov. 13, board meeting, including assigning a payment-in-lieu-of-taxes (PILOT) lease agreement to Montreal-based Olymbec USA LLC for Brinkley Plaza, 80 Monroe Ave.

62. Memphis Chamber to Host New York Times’ Sanger -

Next week, the Greater Memphis Chamber is hosting a conversation in Memphis with the chief Washington correspondent for The New York Times.

David Sanger, who’s also the author of the new book “Confront and Conceal” and who has been at the vanguard of reporting on issues related to Iran for the Times, will be here as part of the chamber’s regular “A Conversation With …” series.

63. I-Bank Tower on Poplar Sells for $14.4 Million -

5050 Poplar Ave. Memphis, TN 38117

Sale Amount: $14.4 million

Sale Date: Sept. 14, 2012

64. Hotel Chisca Gets New Owners, Art Facelift -

The chain-link fence surrounding the dilapidated Hotel Chisca in Downtown Memphis is a little bit easier on the eyes as of Saturday, Oct. 27.

That’s because it now boasts 30 colorful banners created by students of St. Louis Catholic School, under the leadership of art teacher Robin Durden. The art exhibit, “Memphis Music Icons,” pays tribute to the Hotel Chisca’s legacy of being the location where Elvis Presley was first played on Dewey Phillips’ “Red, Hot and Blue” radio show from the WHBQ studios in 1954.

65. Hotel Chisca Gets New Owners, Art Facelift -

The chain link fence surrounding the dilapidated Hotel Chisca in Downtown Memphis is a little bit easier on the eyes as of Saturday, Oct. 27.

That’s because it now boasts 30 colorful banners created by students of St. Louis Catholic School, under the leadership of art teacher Robin Durden. The art exhibit, “Memphis Music Icons,” pays tribute to the Hotel Chisca’s legacy of being the location where Elvis Presley was first played on Dewey Phillips’ “Red, Hot and Blue” radio show from the WHBQ studios in 1954.

66. Public Hearings Begin On Main to Main Connector -

Downtown Memphis Commission president Paul Morris calls it “Main Street to Main Street Over The Harahan.”

The unofficial name for the $30 million project linking Main Street Memphis to Broadway Street in West Memphis via a bicycle and pedestrian boardwalk on the Harahan rail bridge across the Mississippi River draws fewer questions than the title that involves the term “intermodal connector.”

67. Taking Stock -

The presidential race is still too close to call, the debates won’t shift things much from a statistical perspective and there’s a fair chance Democrats will retain their majority in the U.S. Senate.

68. Cooper-Young Featured in America’s Top 10 Great Neighborhoods List -

Cooper-Young has been named one of 10 Great Neighborhoods for 2012 under the American Planning Association’s Great Places in America program, noted for its revitalization, character and historic architecture.

69. Law School Celebrates 50 Years -

At the end of this month, the University of Memphis Cecil C. Humphreys School of Law will celebrate half a century of preparing young legal minds for the future challenges they’ll face in the field of law.

70. Cooper-Young Featured in Top 10 'Great Neighborhoods' List -

Cooper-Young has been named as one of 10 Great Neighborhoods for 2012 under the American Planning Association’s Great Places in America program, noted for its revitalization, character and historic architecture.

71. Downtown Memphis Commission Celebrates Progress -

There was bicycle-powered smoothie preparation, an aerial circus-style art show, Beale Street Flippers, live music outside, a disc jockey inside, and food and drinks from Downtown restaurants and suppliers.

72. ‘Back in Time’ -

When local model railroaders first got together with the idea two years ago, there was little more than a dream and a dark tunnel.

Today, the light at the end of that tunnel is the 2,500-square-foot Memphis Railroad & Trolley Museum at 545 S. Main St. in Downtown.

73. Main Connector -

The attention Downtown Memphis’ South Main Historic Arts District and its surrounding areas has received this year has far-reaching implications for future development.

Recent high-profile deals the community has seen get the green light include the Chisca Hotel redevelopment, Storefront Improvement Grant Program, branding efforts with North Star Destination Strategies, growth at The Orpheum Theatre Memphis and Memphis Central Station, a flurry of apartment and loft rehabs, and retail activity with a new athletic club and restaurants.

74. Visionary Project -

The reversal of fate for the blighted Chisca Hotel at the intersection of South Main Street and Dr. Martin Luther King Jr. Avenue, plagued by passive out-of-town ownership and environmental hazards, was set in motion during a phone call about 18 months ago.

75. History for Sale -

Three historic properties in the Midtown and Downtown areas are on the market, all listed with major Memphis commercial real estate firms.

The most recent listing is the Hunt-Phelan house at 533 Beale St., priced at $2.9 million with Henry Stratton and Andy Cates of Colliers International Memphis. The mansion has hosted guests including Ulysses S. Grant, Jefferson Davis, Andrew Jackson and Andrew Johnson.

76. Raymond James Execs Pleased With Acquisition -

Executives with Raymond James Financial Inc. remain pleased with what their company got out of its $1.2 billion acquisition of Memphis-based investment firm Morgan Keegan & Co. Inc.

77. Cohen Talks About Opponents, Schools, Race and His Political Past -

U.S. Rep. Steve Cohen is running for a fourth term in Congress starting with the Aug. 2 primary, in which he is being challenged by countywide school board member Tomeka Hart.

78. Music on the Move -

When the Memphis and Shelby County Music Commission first tried out its idea recently to put local musicians aboard the Downtown trolley to entertain passengers, singer Nancy Apple led a kind of trial run.

79. Resource Entertainment Group Plans Growth, New Offerings -

Resource Entertainment Group is continuing a steady growth path and looks to expand thanks to a new website as well as management of a new Downtown event space called The Columns.

The entertainment services company specializes in live entertainment, production services, entertainment consulting and event programming expertise. The company manages some of the Mid-South’s most popular entertainers and provides bands, DJs, speakers, audio systems, concert lighting, staging and tech crews.

80. Chisca Hotel Project Faces Crucial Votes -

Three organizations crucial to the redevelopment of the Chisca Hotel will vote this week on blight remediation and development incentives for the historic Downtown property that has been in dilapidated condition for more than 20 years.

81. Chisca Blight Remediation, Development Incentives Up for Vote -

Three organizations crucial to the redevelopment of the Chisca Hotel will vote next week on blight remediation and development incentives for the historic Downtown property that has been in dilapidated condition for the more than 20 years.

82. Landing Sign Approved Following Design Debate -

The sign for Beale Street Landing turned out not to be a big deal for the Downtown Memphis Commission’s Design Review Board.

It’s larger than the planning standards and guidelines for that part of Downtown. But most on the board argued an exception was warranted and the sign could go bigger because of the scale of the project it is attached to. The sign was approved.

83. Review Board Approves Beale Landing Sign -

The Design Review Board of the Downtown Memphis Commission has approved the wall sign for Beale Street Landing as well as a directional sign on the ground in front of the Riverside Drive attraction.

84. Praxair Files $2M Permit App for Pidgeon Park Site Work -

3587 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million

Permit Date: Applied June 2012
Owner: Praxair Inc.
Tenant: Praxair Inc.
Contractor: W.G. Yates & Sons Construction Co.
Details: Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.

85. Weak Hiring Shows Economy Still Hurting -

WASHINGTON (AP) – A third straight month of weak hiring shows the U.S. economy is still struggling three years after the recession officially ended.

U.S. employers added just 80,000 jobs in June, and the unemployment rate was unchanged at 8.2 percent, the Labor Department said Friday.

86. Public-Private Partnership At Heart of Harahan Grant -

When the U.S. Transportation Department announced which projects across the country would get a share of $500 million in TIGER grants, it came after local leaders made a series of decisions of their own about a combination of state and federal funding that traveled different paths from the same coffers to two Memphis projects.

87. CCRFC Approves Chisca Hotel Tax Break -

Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.

88. CCRFC Approves Chisca Hotel Tax Break -

Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.

89. US Employers Still Waiting for Sales to Pick Up -

WASHINGTON (AP) – The U.S. economy suddenly looks a lot weaker.

Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent.

90. DMC Hires Firm for South Main Branding -

The Downtown Memphis Commission unanimously voted to hire Nashville-based North Star Destination Strategies to help in the organization’s South Main branding campaign at its monthly board meeting Friday, May 25.

91. Downtown Commission Reviews South Main Branding, Chisca -

The Downtown Memphis Commission unanimously approved to hire Nashville-based North Star Destination Strategies to help in the organization’s South Main branding campaign at its monthly board meeting Friday, May 25.

92. Dimon Survives Votes on Pay, Chairmanship -

TAMPA, Fla. (AP) – The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.

93. Clearing Blockage -

The block of Madison Avenue between Main and Second streets hasn’t been easy for quite a while.

It’s where the Main Street Trolley makes the turn to its Madison Avenue leg. It’s also where the trolleys sit idle for long periods of time seemingly unaware that they coexist with auto traffic. Residents of the Exchange Building who don’t have paid parking routinely park there instead, sometimes despite numerous tickets.

94. Outdoor Sounds -

Summer is nearly here. Partygoers have begun packing rooftops, while shoppers and restaurant diners also are keen on a little musical entertainment to help liven up predictable experiences.

And that means Memphis-based Resource Entertainment Group sees opportunity – literally – high and low.

95. Roots of Faith -

The man who correctly predicted the stock market convulsion of 1987, a veteran hedge fund manager who today is one of the richest men in America, held up a notebook at a celebration in his honor late last week.

96. Jones Has Memphis Homecoming At GPAC -

Rising star Caroline Jones’ performance Saturday, April 28, at Germantown Performing Arts Centre’s 2012 Gala will be a homecoming of sorts for the New York-based singer-songwriter.

97. Tying it all Together -

University of Memphis art student Alex Smythe, who grew up in the Vollintine-Evergreen neighborhood, is extending an invitation to all Memphians to celebrate the revitalization of one of the city’s most diverse communities with the first annual V&E Greenline Artwalk.

98. Redbirds Reconnection -

One of baseball’s enduring maxims is that anytime you go to a game you’ve got a chance to see something you’ve never seen before.

Apparently, this now applies off the field too, because a few weeks ago a group that included Magic Johnson as the front man paid $2.15 billion to buy the Los Angeles Dodgers from financially troubled owner Frank McCourt.

99. Changes Continue for Memphis Neighborhood -

The street to Emmanuel Episcopal Center is the only reminder of what used to be part of Cleaborn Homes at Lauderdale Street and St. Paul Avenue.

Where the 1950s-era brick structures once stood are two thriving patches of green in the fertile and early Memphis spring.

100. Morgan Keegan Future Finally Taking Shape -

A Raymond James Financial Inc. spokesman said as the week began the company has no comment about what additional personnel shifting or cuts might still be to come in the days and weeks ahead, with longtime Memphis financial firm Morgan Keegan & Co. Inc. now officially owned by St. Petersburg, Fla.-based Raymond James.