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Editorial Results (free)

1. Reappraisal to Impact Office Market -

For the first time in history, the property value of the once-every-four-year reappraisal is going down, and it has some commercial real estate property owners concerned.

Although how much the value decreases won’t be official until April 20, the first formal notices of 2013 Shelby County property values for taxation purposes were mailed at the beginning of this month to owners of commercial and industrial cost properties.

2. Bar Louie, Chiwawa File Business Licenses -

Two long-awaited Madison Avenue restaurants have filed for business licenses with the Shelby County Clerk’s Office.

Memphis Louie LLC applied for its Bar Louie location at 2125 Madison in Overton Square, the Midtown district being redeveloped by Loeb Properties Inc. The Addison, Texas-based franchise will occupy 5,982 square feet of the curved building on the southwest corner of Madison and Cooper Street. The space originally housed Playhouse on the Square in the 1970s.

3. Loeb: City Should Increase Investment in Urban Core -

The relevance of Overton Square is that it’s one of many initiatives the city has in place to make Memphis a better place and a city of choice for the millennial generation.

Seventy-seven percent of those born from the early 1980s to the early 2000s want to live in the urban core and to drive less.

4. Midtown Momentum -

The Midtown real estate market has long been an anomaly compared to its Bluff City counterparts, with fundamentals as diverse as its demographics.

“The types of real estate that you’ll find in Midtown can be some of the most expensive or some of the most modest when it comes to prices and facility,” said Gary Myers of Gary Myers Co. “Retail in particular.”

5. Work Moves Forward on Midtown’s Chiwawa -

Plans are moving forward for Chiwawa, a Southern-inspired Mexican restaurant near Overton Square in Midtown that hopes to open this fall.

A $347,257 permit was recently filed for Chiwawa’s renovations of the two-story, 3,196-square-foot building at 2059 Madison Ave. The space housed Chicago Pizza Factory in the 1980s and has been vacant since.

6. Midtown Eateries File Building Permits -

Two Midtown eateries in the greater Overton Square area have filed building permit applications with the city-county Office of Construction Code Enforcement, according to The Daily News Online, www.memphisdailynews.com.

7. Another Round -

The revitalization of Overton Square can perhaps be best summed up with a famous quote often attributed to Mark Twain: “History does not repeat itself, but it does rhyme.”

The history of the Midtown entertainment district dates back to late 1970, when T.G.I. Friday’s opened its first franchised location on Madison Avenue near Cooper Street following the passage of a referendum vote allowing liquor by the drink citywide a year prior.

8. Berger Working on Food Truck Alliance -

As if owning and operating the city’s fastest growing self-serve frozen yogurt business isn’t enough, Taylor Berger is about to add two more hospitality titles to his resume.