VOL. 127 | NO. 227 | Tuesday, November 20, 2012
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.

Collierville mall gets new name thanks to new ownership
Collierville has lost an avenue. The town’s 60-acre “lifestyle center” – the largest in the Memphis metropolitan area – has changed its name as part of a transition started this spring, when Memphis-based Poag Lifestyle Centers bought what then was known as The Avenue Collierville.
American Esoteric Laboratories, the largest independent provider of esoteric and clinical laboratory services in the region, is poised for strategic growth as Dr. David L. Smalley takes the helm as the new president at its Memphis headquarters.
As early afternoon truck traffic on Brooks Road mixed with after-school traffic Friday, Nov. 16, on Elvis Presley Boulevard, a few tourists from the Graceland area mixed with several dozen local government and business leaders at the visitors center at the intersection.
Commercial real estate developer Belz Enterprises is installing vapor tight fluorescent fixtures with Green Ballast Inc.’s light ballasts in a structured parking garage facility in Memphis.
1023 Riverside Drive Memphis, TN 38106
LOCAL COLUMNISTS
Last week we shared four volunteer opportunities with the McKellar Lake Cleanup, Starry Nights at Shelby Farms Park, Memphis Athletic Ministries and their after-school program, and the Memphis Crisis Center. This week let us discuss an organization that is focused on breaking the cycle of child abuse and neglect by replacing abusive and violent behavior with effective parenting skills: The Exchange Club Family Center.
Status Quo After billions of dollars in campaign costs, thousands of TV and radio advertisements, hundreds of campaign rallies, fundraisers and speeches, the voters spoke on Tuesday. What was the result? We are essentially right back to where we started.
GOVERNMENT AGENDA
The Memphis City Council will meet Tuesday, Nov. 20, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.
NATIONAL BUSINESS
LOS ANGELES (AP) – Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows.
WASHINGTON (AP) – When Maggie Hassan won the New Hampshire governor's race last week, it wasn't just a victory for her fellow Democrats.
NATIONAL GOVERNMENT
NEW YORK (AP) – Federal labor officials vowed Monday they will decide quickly whether to support a request by Wal-Mart Stores Inc. to stop a union-backed group from pushing worker walk-outs at hundreds of stores on Friday, the traditional start of the holiday shopping season.
REAL ESTATE
LOS ANGELES (AP) – Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief provided under a landmark settlement over foreclosure abuses.
WASHINGTON (AP) – U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates.
TECHNOLOGY
Retailers expecting a tepid holiday shopping season are pulling out all the stops to attract customers to their stores this year – including embracing the enemy.