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Editorial Results (free)

1. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

2. Moving the Pack -

RedRover Sales & Marketing is a few months away from starting a new chapter in the firm’s more-than-seven-year existence because of having arrived at what’s arguably a good problem to have.

3. RedRover Relocating to Falls Building -

RedRover Sales & Marketing’s business has grown considerably in recent years, so the firm has now set its sights on a new “doghouse.”

The firm is relocating from South Main into new space in the Falls Building Downtown, which beat out two other possible Downtown locations. The relocation is expected to be finished this fall – in October – and RedRover’s new home meets the needs of its growth plans in several ways.

4. Amro Milestone Attributed to Seasoned Staff -

For the music retailer that traces its history back to 1921 and to the second-floor Downtown studio Mil Averwater opened to give piano lessons, 2013 is a time of reflection, celebration and pride in a few impressive numbers.

5. Northward Expansion -

Thirteen years after Visible Music College founder Ken Steorts launched a school with a focus on music ministry and production that relocated into Memphis after outgrowing its original Lakeland campus, the school is preparing to launch a satellite campus.

6. Williams Continuing Family’s Tennis Legacy -

The other shoppers in the Knoxville grocery store probably don’t know who she is and certainly have no idea what she is doing.

Michelle DePalmer-Williams is, from all appearances, just another mom loading the cart with milk and bread and orange juice, checking her iPhone for text messages and emails.

7. Downtown Rising -

Despite a faltering economy, many of America’s downtowns are in the midst of a revival, according to a September U.S. Census study, and Memphis is no exception.

The study, “Patterns of Metropolitan and Micropolitan Population Change: 2000 to 2010,” shows that in many of the nation’s largest metropolitan areas, downtown populations grew at double-digit rates over the last decade, primarily due to the availability of new housing and services. And after previous decades of decline, the residential population in Downtown Memphis increased as well, growing by 7 percent to reach approximately 22,000 residents in 2010, according to the latest metrics compiled by the Downtown Memphis Commission.

8. Weak Earnings Reports Pummel Stocks -

NEW YORK (AP) — Nobody was expecting this round of corporate earnings reports to be great. But companies' underwhelming results are still rattling investors.

Stocks plunged Tuesday in one of the worst days on Wall Street this year. Big-name companies reported weak quarterly revenue and lowered their forecasts for the rest of the year.

9. Hickory Hill Warehouse Sells for $1.3 Million -

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

10. Barboro Flats Financed for $9.6 Million -

Barboro Flats, a mixed-use building at 100 S. Main St., has been financed for $9.6 million.

100 South Main Partners filed a 35-year trust deed through Love Funding Corp. for the five-story building’s 92-unit apartment section and 7,000-square-foot ground-floor retail space. The building’s garage was not included in the financing, according to loan documents filed with the Shelby County Register of Deeds.

11. As US Economy Steadies, Bank Closings Become Rarer -

WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.

12. Slice of the Pie -

Come mid-July, local restaurateur Aldo Dean will launch Aldo’s Pizza Pies, his group’s third concept in Memphis and second in Downtown’s Central Business District.

Dean is one of three partners behind the new 3,900-square-foot restaurant on the ground floor of Henry Turley Co.’s Barboro Flats at 100 S. Main St. Adam Slovis of Slovis & Associates LLC represented Dean and his group in its seven-year lease for Aldo’s Pizza Pies.

13. Downtown Mixed-Use Bldg. Sells for $1.5M in Foreclosure -

92-96 S. Main St.
Memphis, TN 38103

Sale Amount: $1.5 million

Sale Date: Feb. 10, 2012

14. Downtown Condos Sell for $1.5M in Foreclosure -

Community Bank, North Mississippi, has bought back nine condominiums and about 2,700 square feet of commercial space at 92 S. Main St. and 96 S. Main St. in One One O’ Six Lofts Condominiums at a foreclosure sale, paying $1.5 million for the properties.

15. Showstopper -

Perennial holiday favorite “A Christmas Carol” wraps Friday, Dec. 23, at Theatre Memphis – providing a strong finish to what’s been a solid year marked by quality productions and a steady show of community support for the nonprofit theater at 630 Perkins Road Extended.

16. US Household Wealth Takes Biggest Hit Since 2008 -

WASHINGTON (AP) – Americans' wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values lost value.

At the same time, corporations raised their cash stockpiles to record levels.

17. Ambulance Co. Signs New Lease, Ups Space -

A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.

18. One One O'Six Lofts Face Foreclosure Sale -

Nine condominiums and commercial space in One One O’Six Loft Condominiums, 92-96 S. Main St., are facing a foreclosure sale after their owner defaulted on a loan through Community Bank, North Mississippi, according to a first-run foreclosure notice in today’s Daily News.

19. Apartment Optimism -

Apartment owners and operators in the Memphis market forecast a bright 2011, boosted by a continued weak homebuying landscape and a lack of new multifamily product coming online within the market.

“2010 was certainly an improvement for the multifamily sector – both in operations and in sales – over 2009, and we expect to see more of the same next year,” said Blake Pera, senior vice president of CB Richard Ellis Memphis’ multifamily division. “Most operators experienced comfortable revenue growth throughout the year, and there is some positive momentum in continued stable occupancy and concession burn-off next year with the lack of new supply hitting the market.”

20. Shoppes at Misty Meadows Sells to Hariom Enterprise -

3810 Hacks Cross Road
Memphis, TN 38125
Sale Amount: $1.9 Million

Sale Date:Sept. 22, 2010
Buyer:Hariom Enterprise Inc.
Seller:The Bank of New York Mellon Trust Co. NA, as trustee for Morgan Stanley Capital I Inc. commercial mortgage pass-through certificates, series 2007-IQ14
Loan Amounts:$950,000; $760,000
Loan Dates:Oct. 8, 2010
Maturity Dates:Oct. 8, 2020; April 8, 2011
Lender:Landmark Community Bank

21. BJN Finances Units in One One O’Six Lofts -

BJN LLC has financed nine units and commercial space in One One O’Six Lofts Condominiums at 92-96 S. Main St. Downtown with a $1.4 million loan through Community Bank, North Mississippi. The loan matures Oct. 15, 2011.

22. Barboro Flats Set for Success -

The first residents who begin moving into Barboro Flats’ 92 apartments Thursday will find a host of amenities and urban comforts waiting for them inside the brand new five-story building at 100 South Main.

23. Search Under Way For Center City Head -

A search committee of Center City Commission officials will meet next month to talk about the first step in finding a replacement for the Downtown agency’s departing president.

Jeff Sanford – who has been with the CCC for about 12 years – is hanging up his hat July 1. After he steps down, Sanford plans to establish a consulting practice that focuses on city building.

24. Main Street’s ‘Big Hole’ Reaches Symbolic Milestone -

Today’s topping off ceremony for what once was a giant hole at 100 S. Main St. represents a milestone. By next summer, the property will be the site of a parking garage and 92 apartment units.

25. Barboro Flats Developer To Begin Second Phase -

100 S. Main St.
Memphis, TN 38103
Permit Amount: $8 Million
Project Cost: $18.2 million
Permit Date: Applied July 2009
Completion: Summer 2010
Owner: 100 South Main Partners
Tenant: TBA
Contractor: Montgomery Martin Contractors LLC
Architect: Looney Ricks Kiss Architects Inc.

26. Developer Files $8M Permit For Barboro Flats -

The development team of the Barboro Flats mixed-used building at 100 S. Main St. Downtown has filed an $8 million permit with the city-county Office of Construction Code Enforcement to begin the second phase of the project, which is the multifamily component.

27. CCC Board to Discuss Barboro Alley Flats PILOT -

The Center City Commission board of directors today will discuss a 15-year payment-in-lieu-of-taxes (PILOT) agreement that was approved by the Center City Revenue Finance Corp. for the Barboro Alley Flats project.

28. CCRFC to Hear PILOT Request For Apt., Parking Project -

At today’s Center City Revenue Finance Corp. board meeting, board members will hear a request for a payment-in-lieu-of-taxes (PILOT) agreement for a parking garage and apartments to be built at 100 S. Main St.

29. 100 S. Main to See Progress This Week -

The long development process and occasional setbacks that have come with filling what's been referred to as the giant hole on Main Street have taken several years to work through. But a new five-story mixed-use development is planned for the site - a project that was given the green light last year - and construction could begin as soon as early fall.

30. Top of the Heap -

When it opened with a bang in 1935, the parade of dignitaries, airplanes overhead and boats drifting along the Mississippi River no doubt made for quite a spectacle.

Today, something similar is occurring along Riverside Drive, which remains an upscale, well-maintained "front door" of the city some 70 years after its unveiling. Several real estate projects are bringing new townhomes, condominiums and streetscape improvements to the area.

31. Shelby County CommissionersTo Hold Special Elections -      The Shelby County Board of Commissioners will meet Dec. 18 at 8:30 a.m. in the Shelby County Commission Chambers at 160 N. Main St. to hold elections for interim successors to fill the Tennessee House of Representatives

32. Archived Article -

41 acres in Arlington
Slated for new subdivision
Loan Amount: $3.6 million

Loan Date: Aug. 24, 2006

33. Majestic Grill Helps Animate Main Street -

Memphis' Main Street has a lot going for it. The Pinch District on North Main has history. The South Main Arts District is hosting the Vesta Home Show. And the block of Main from Union and Gayoso avenues, often referred to as the New Main area, also is seeing a flurry of development.

34. Archived Article -

49 lots in
Evergreen Hills
Cost: $6 million

Borrower: Creekside Homes LLC

Lender: First Tennessee Bank NA

35. BJN LLC Finances South Main Property - BJN LLC has financed a building and adjacent alley at 92-96 S. Main St. through Community Bank NA for $1.7 million. The building, located in the Central Business Improvement District, includes 40 units totaling 50,000 square feet, as well as 25,000 s

36. Archived Article: Trends - By Andy Meek

Bankruptcy Act to Have Big Business Impact

ANDY MEEK

The Daily News

In medieval Italy, creditors would break the trading benches of businessmen who didnt pay their debts.

The Italian phrase for that act, banca rotta, is o...

37. Archived Article: Quarterly Lead - By Andy Meek

Bankruptcy Filings Hold Steady

New law expected to prompt filing rush

ANDY MEEK

The Daily News

The day before most Americans mailed off their tax returns last week, the U.S. House of Representatives approved the biggest o...

38. Archived Article: Trends - By Andy Meek

New Main Revitalization Seeing Progress

ANDY MEEK

The Daily News

Little by little, development in the New Main block between Union and Gayoso avenues is taking shape.

In the works. Projects under way include two restauran...

39. Archived Article: Daily Digest - Highway 70 Shopping Center

Shopping Center
Sells for $1.5 Million
West TN Properties has purchased a shopping center at 6496 and 6498 U.S. Highway 70 in Bartlett from Jerry and Debora Ferrell for $1.5 million, according to The Daily New...

40. Archived Article: Multifam (lead) - The Living is Easy Downtown

In Downtown Memphis, the Living is Easy

Myriad housing options bring more residents Downtown

TERRE GORHAM

The Daily News

It wasnt all that long ago that when someone asked, Whats available in Downtown livin...

41. Archived Article: Daily Digest - Empire Coffee Co.

Empire Coffee Co.

offers morning perk

John Gasquet has moved from working on computers for a coffee company to owning a coffee shop in the heart of Downtown.

Empire Coffee Co. opened in the former Map Room location at 2...

42. Archived Article: Marketplace - By SUE PEASE Women should consider investing options for their future By SUE PEASE The Daily News Women today are enjoying financial rewards more than their counterparts in past generations. However, even with more women in the work force earning si...

43. Archived Article: Graphic (bnkrpt) - Bankruptcies creeping up Bankruptcies creeping up The number of bankruptcy petitions filed in October increased 8 percent from the number filed in the same period of 1999. Frayser residents filed the most petitions, followed by Westwood.   Peti...

44. Archived Article: Standout (calli) - Stamping a plate License to appeal By STACEY WIEDOWER Special to The Daily News Memphis has a long-standing fascination with the arts and the flurry of activity in the city's newly designated arts district along South Main has contributed to an even...

45. Archived Article: Graphic (bizlic) - Business is booming Business is booming New and renewed business license filings jumped 16.4 percent in the first five months of the year, compared to the same period in 1999. The Oakhaven/Parkway Village area in South Memphis led the way with 180 l...

46. Archived Article: Idb (lead) - By Stacey Wiedower SBC plan to bring 124 jobs to county By Stacey Wiedower The Daily News Several projects that would create jobs and add industry to the Memphis area are scheduled for consideration by the Industrial Development Board at its monthly...

47. Archived Article: Standout - Ed Jones has brought both business and interpersonal skills to his work as a volunteer for the Red Cross since he retired from On the scene Jones helps disaster victims as a volunteer for the Red Cross By KATHLEEN D. BARK Special to The Daily News E...

48. Archived Article: Graphic (bizlic) - Happy and prosperous year Happy and prosperous year Despite some slow months, the number of new and renewed business licenses filed through 11 months of 1999 has surpassed the number filed in the same period of 1998. Several pockets showed increases...

49. Archived Article: Graphic (bizlic) - Looking up Looking up The number of new and renewed licenses for businesses reporting a ZIP code in Memphis or Shelby County increased over the first 10 months of 1999, compared to the same period in 1998. The 38118 ZIP in south Memphis reported the...

50. Archived Article: Graphic (bizlic) - Keeping an even keel Keeping an even keel Despite a slow start, the number of the business licenses sought during the first eight months of 1999 has caught and slightly surpassed the number of licenses issued during the same period in 1998. Higher n...

51. Archived Article: Graphic (2qcrime) - On the rise On the rise As the mercury rises, so do the number of incidents reported to local law enforcement. The three months of the second quarter 1999 reflect that trend as reports neared 7,600 in June, up from nearly 7,500 in May and more than ...

52. Archived Article: Graphic - Business license balance Business license balance After a slow start in the early months of 1999, the number of business licenses filed for in the Shelby County Clerk's Office has neared the same rate it was at the same time in 1998. Several areas s...

53. Archived Article: Graphic - Crime statistics Crime statistics Whitehaven topped the list of ZIP codes with the most incidents reported in Memphis or Shelby County for the past two months. Collectively, Germantown came in with the lowest number of incidents reported to law enfo...

54. Archived Article: Gov't (scc) - Budget hike proposal Budget hike proposal goes to Commission By KATHLEEN BURT The Daily News The chairman of the Shelby County Commission budget committee anticipates the proposed county budget, complete with 92-cent tax hike, will be considered by ...

55. Archived Article: Graphic (crime) - Crime statistics Crime statistics The Whitehaven ZIP code (38116) again led the county in the number of incident reports filed to a Memphis or Shelby County law enforcement agency in April. Whitehaven recorded more than 550 reports, followed by Oakh...

56. Archived Article: Gov't (ccdc) - For the Center City Development Corp Board needs more funds to support development By KATHLEEN BURT The Daily News For the Center City Development Corp., running out of money is a good problem to have. After tabling requests for six development loan...

57. Archived Article: Graphic - Rubber meets the road Rubber meets the road Anyone driving in Shelby County knows there are a lot of vehicles on the road. Here's a look at the ZIP codes where those vehicles are registered, according to 1998 figures supplied by the Shelby County Cl...

58. Archived Article: Community - Driving academic performance Driving academic performance State tries to improve high school attendance and academics through driving privileges By DIANNA DEAREN The Daily News In 1997, 32 percent of the students in Memphis City Schools dropped out,...

59. Archived Article: Tunica - Casino gambling in Mississippi is changing the economic landscape in Mississippi, Tunica County, and their neighbors. But behind the boom is the potential for altering the political landscape as well. Casino donations enter political arena By JAMES ...