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Editorial Results (free)

1. Germantown Board OKs Whole Foods Zoning -

Two major retail projects in Germantown have received a green light to move forward.

The Germantown Board of Mayor and Aldermen on Monday, Jan. 27, approved several zoning exemptions for a proposed Whole Foods store – important votes that moved the project closer to completion – as well as a redevelopment plan for the Shops at Saddle Creek.

2. Fertile Ground -

In 1947, two parcels of land on the eastern boundaries of Memphis were purchased for $400,000 to be used as a new city park.

At the suggestion of political boss E.H. Crump, an avid bird enthusiast, the park was nearly named Bluebird, yet would come to be known as Audubon Park, home to a shooting range and golf course among other amenities.

3. 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.

4. Memphis Primary Care Aligns With Baptist Group -

The trend of consolidation in the local health care industry marches on as Memphis Primary Care becomes the latest private physician practice to align with a major hospital system, joining Baptist Medical Group.

5. On-the-Job Training for Grizz PGs -

Grizzlies Coach Lionel Hollins bravely sent rookie backup point guards Josh Selby and Jeremy Pargo into the game … with 25 seconds left in what would be a 96-85 Grizzlies victory over the Dallas Mavericks on Wednesday, Feb. 29, at FedExForum.

6. On-the-Job Training for Grizz PGs -

Grizzlies Coach Lionel Hollins bravely sent rookie backup point guards Josh Selby and Jeremy Pargo into the game … with 25 seconds left in what would be a 96-85 Grizzlies victory over the Dallas Mavericks on Wednesday, Feb. 29, at FedExForum.

7. 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

8. 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.

9. J.C. Penney Gets Rid of Hundreds of Sales -

NEW YORK (AP) – J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.

Penney said Wednesday that it is getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing. Starting on Feb. 1, the retailer is rolling out an "Every Day" pricing strategy with much fewer sales throughout the year.

10. Business Licenses Rise Slightly in 2011 -

The Shelby County Clerk’s Office issued 5,751 business licenses in 2011, according to The Daily News Online, www.memphisdailynews.com. It’s about a 5 percent increase from 2010, when 5,489 were filed in the county.

11. US Debt Downgrade Could Mean Rate Hikes for All -

NEW YORK (AP) – Lawmakers weren't able to prevent the country from losing its coveted AAA debt rating.

Although the downgrade late Friday by Standard & Poor's was historic, it wasn't entirely unexpected. The three main credit agencies, which also include Moody's Investors Service and Fitch Ratings, had warned during the fight over the debt ceiling that if Congress did not cut spending far enough, the country faced a downgrade.

12. Oil Wavers on Debt Ceiling, Tropical Storm -

NEW YORK (AP) — Oil settled virtually unchanged Thursday, as traders waited to learn more about the possible impact of a tropical storm in the Gulf of Mexico, the wrangling over the debt ceiling in Washington and the debt crisis in Europe.

13. 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.

14. 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

15. 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.

16. Wal-Mart Q2 Profit Rises 3.6 Pct on Cost-Cutting -

NEW YORK (AP) – Wal-Mart Stores Inc. reported a 3.6 percent increase in second-quarter net income and raised its earnings guidance for the full year as it benefits from cost-cutting and robust global growth in China, Brazil and Mexico.

17. Census Says Women Equal to Men in Advanced Degrees -

WASHINGTON (AP) - Women are now just as likely as men to have completed college and to hold an advanced degree, part of an accelerating trend of educational gains that have shielded women from recent job losses. Yet they continue to lag behind men in pay.

18. Memphis College of Art Files Permit for South Main Building Renovation -

477 S. Main St.
Memphis, TN 38103
Permit Amount: $2.2 Million

Project Cost: $3 million
Permit Date: Applied April 2010
Completion: Fall 2010 (Phase I)
Owner: Memphis College of Art
Tenant: Memphis College of Art
Contractor: Montgomery Martin Contractors LLC
Architect: Askew Nixon Ferguson Architects

19. Trash to Gas: Landfill Energy Projects Increasing -

LIVERMORE, Calif. (AP) - Hundreds of trash trucks across California are rumbling down city streets using clean fuel made from a dirty source: garbage.

The fuel is derived from rotting refuse that San Francisco and Oakland residents and businesses have been discarding in the Altamont landfill since 1980. Since November, the methane gas created from decaying detritus at the 240-acre (96-hectare) landfill has been sucked into tubes and sent into an innovative facility that purifies and transforms it into liquefied natural gas.

20. Restaurants Embrace New Normal -

“For 2010, I’d like to see a 20 percent increase in revenue,” said Jeff Dunham, owner and chef at the popular Grove Grill in East Memphis.

21. Wal-Mart Reports Better-Than-Expected Q4 Earnings -

NEW YORK (AP) - Wal-Mart Stores Inc. said it's still pulling shoppers away from its main rivals and enjoying a rise in customer traffic as the world's largest retailer released better-than-expected fourth-quarter earnings Tuesday.

22. Main Street’s Big Hole To Be Filled at Last -

Center City Commission president Jeff Sanford knew some developers and others doubted anything would get built anytime soon in the big hole at Gayoso Avenue and Main Street.

23. 100 South Main Partners Secure Project Financing -

100 S. Main St.
Memphis, TN 38103
Loan Amount: $9.5 Million

Loan Date: Dec. 23, 2008
Maturity Date: N/A
Borrower: 100 South Main Partners
Lender: SunTrust Bank

24. FRS Powersports Building New Motorcycle/ATV Shop -

2175 Whitten Road
Memphis, TN 38133
Loan Amount: $2 Million

Loan Date: Oct. 31, 2008
Maturity Date: Nov. 1, 2009
Borrower: FRS Industries Inc.
Lender: BancorpSouth Bank

25. Barboro Alley Flats Construction to Begin Oct. 1 -

100 S. Main St.
Memphis, TN 38103
Permit Amount: $5.5 Million

Project Cost: $18.2 million
Permit Date: Applied August 2008
Completion: 2010
Owner: 100 South Main Partners
Tenant: TBA
Contractor: Montgomery Martin Contractors LLC
Architect: Looney Ricks Kiss Architects Inc.

26. 'Big Hole on Main'Topic at DPA Meeting -      An update for the 100 S. Main project, often referred to as "the big hole on Main," will be presented at today's Downtown Parking Authority board of directors meeting.
     The project invol

27. Slots Aren't Paying -

Editor's Note: This is the first in The Daily News' three-part series "Housing Hurdles," an examination of the slumping real estate market and what it means for Realtors, builders and homeowners.

Like many Realtors, Jay Fletcher experiences highs and lows of the real estate business through his wireless handheld device - that ubiquitous tool of the new millennium.

28. Downtown Parking AuthorityTo Consider 'Hole in Ground' Property -      The Downtown Parking Authority (DPA) appears poised to select one of four development proposals for the "hole in the ground" at the corner of Main Street and Gayoso Avenue.
     The DPA board

29. Neighbor vs. Neighbor -

When homebuilders Gil and Rebecca Callaway bought their 96-year-old Neoclassical home on Stonewall Street in the picturesque Evergreen Historic District, they quickly set to work.

The two-story, three-bedroom home nestled among rows of trees had historic charm but needed scores of repairs. It had two sets of sliding doors, for instance, that stuck instead of opening. A tub on the second floor was poking through the kitchen ceiling. And besides the touch-ups, the Callaways wanted to add new features such as a kitchen space carved out of three rooms in the back of the house.

30. Urban Art: Vital Element or Frivolous Decoration? -

Although Memphis might lag behind many large cities in the realm of public art, progress is being made one rooftop at a time. The latest example was "Inside/Out," an outdoor interactive piece exhibited at the South Main Trolley Tour last Friday night.

31. Archived Article -

49 lots in
Evergreen Hills
Cost: $6 million

Borrower: Creekside Homes LLC

Lender: First Tennessee Bank NA

32. 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

33. 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...

34. 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...

35. Archived Article: Daily Digest - SCB to acquire Colo. IT firm

SCB to acquire

Colo. IT firm

Memphis-based SCB Computer Technology Inc. has entered into a definitive agreement to acquire National Systems & Research Co. of Colorado Springs, Colo.

National Systems &...

36. 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...

37. Archived Article: Power Lead - Real Review 11-2-99 Duke applies to build Southaven power plant By LAURIE JOHNSON The Daily News Charlotte, N.C.-based Duke Energy has filed a petition with the Mississippi Public Service Commission for a certificate to build an electric generating ...

38. Archived Article: 3rd Qtr Retail Lj - Retail construction surges in third quarter Retail construction surges in third quarter Big box retailers, Peabody Place drive boom in building for year By LAURIE JOHNSON The Daily News Big-box retailers and Peabody Place were just two of the factor...

39. 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...

40. Archived Article: Comm Focus - By STACEY PETSCHAUER Regional rewards The expansion of the University of Arkansas' geriatrics program in Little Rock could have advantages for the local area By STACEY PETSCHAUER The Daily News One advantage of being part of the Mid-South is that wh...

41. Archived Article: Graphic (bizlic) - Business is booming Business is booming The number of business licenses containing a complete Memphis or Shelby County ZIP code shows a slight increase in businesses making their home in the area. Here's a comparison of the figures for 1998 and 1997...

42. Archived Article: Graphic2 - Crime in Memphis Crime in Memphis Whitehaven was the hot spot in the number of reports made to police during September. Here's a look at the numbers by ZIP code for all crimes reported from Sept. 1 - 30, according to police department reports. 38002...

43. Archived Article: Quart Const Chg - Shelby County construction County construction up in first quarter By CAMILLE H. GAMBLE The Daily News Residential and commercial construction increased 17 percent in the first quarter with 2,204 building permits issued valued at $323.8 million, com...

44. 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,...

45. Archived Article: Fred's Chg - Freds plans to upgrade computer system in warehouse Fredís plans to upgrade computer system in warehouse By CAMILLE H. GAMBLE The Daily News Memphis-based Fredís Inc. executives told shareholders Wednesday the company plans to open 20 ...

46. Archived Article: Lenox Courtyard Lj - lj 10/5 cates Land purchased for hotel in Lenox Park By LAURIE JOHNSON The Daily News A local hotel developer has purchased land in Lenox Park and plans to build a hotel that will cater to corporate travelers visiting businesses along the Nonconnah ...

47. Archived Article: Home Additions Chg - By CAMILLE H Single-family additions down slightly from 95 By CAMILLE H. GAMBLE The Daily News The cost of labor and building materials are two of the reasons some area contractors are giving for the decline in residential home additions in 1996 com...

48. Archived Article: Home Additions Chg - By CAMILLE H Single-family additions down slightly from '95 JAN. 9, 1997 -- The cost of labor and building materials are two of the reasons some area contractors are giving for the decline in residential home additions in 1996 compared to the previo...

49. Archived Article: Amro Chg - Amro Music on Poplar builds $1.1 million addition Amro Music on Poplar builds $1.1 million addition Local family-owned music store celebrates 75th anniversary in 96 By CAMILLE H. GAMBLE The Daily News Amro Music on Poplar Avenue has begun constructi...

50. Archived Article: Schools Chg - By CAMILLE H. GAMBLE Bids open for projects at Shelby County Schools Shelby County Schools looking to buy 34 more portable classrooms By CAMILLE H. GAMBLE The Daily News Shelby County Schools is advertising for bids for several projects, including t...

51. Archived Article: Apartments Chg - 1/31 CHG apartments If you build them, they will come Interest in Downtown living spurs apartment development   The renewed interest in Downtown living and steady increase in apartment occupancy rates since the 80s prompted the development of t...