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VOL. TMN-10 | NO. 9 | Saturday, February 25, 2017
Weekly Issue

Lessons Learned

Their first decade in business started in the Great Recession

Kat Gordon had made up her mind. She’d decided she was at a point in her life where it was time to carpe diem, suit up and take a leap of faith, and she gave herself two options for doing so – literal (go skydiving) or figurative (start her own business).

Local Democrats and Republicans Prepare for 2018 Governor's Race

At least five potential Republican candidates for Tennessee Governor in 2018 were among the crowd of 400 people at the Saturday, Feb. 25, Lincoln Day Gala of the Shelby County Republican Party.

DMC Seeks Longer Term Management of Beale

The Downtown Memphis Commission’s Board of Directors voted Friday, Feb. 24, to allow DMC president Terence Patterson to enter into negotiations with the City of Memphis to manage Beale Street on a longer-term basis.

EDITORIAL

Editorial: Look Beyond the List

The Memphis Police Department has been making a list. And it doesn’t want to talk about how your name might get on there, because that is the bigger issue.

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EMPHASIS Commercial Real Estate

Cities, Developers Reaping Rewards of Mixed-Use Shift

Commercial real estate is shifting to mixed-use developments designed to create a sense of place for homeowners longing for the community of days gone by, and the trend is profiting many parties as commercial developers see stronger returns and cities undergo revitalization in their core.

Hattie B’s ‘Excited’ About Midtown Location

For Nick Bishop Sr. and Nick Bishop Jr., owner-operators of Nashville-based Hattie B’s Hot Chicken, opening a Memphis outpost had been something they’d wanted to do for a while. Now it’s becoming a reality.

Within Memphis’ Massive Industrial Market Lies ‘Hidden Office Space’

It’s easy to dismiss the city’s abundance of large warehouses as just big boxes full of smaller boxes, but according to Cushman & Wakefield/Commercial Advisors president and CEO Larry Jensen, that would be a mistake.

THE MEMPHIS NEWS ALMANAC

Feb 24-March 2, 2017: This week in Memphis history

1997: The grand opening of Wolfchase Galleria, which at 1.1 million square feet is larger than the other five Memphis malls open at the time: the Mall of Memphis, Hickory Ridge Mall, Raleigh Springs Mall, Southland Mall and Southbrook Mall. Wolfchase opens with more than 130 tenants, including an eight-screen movie theater, plus 6,000 parking spaces. By comparison, the Mall of Memphis has 885,627 square feet.

CONSTRUCTION

TVA’s Nearly $1B Natural Gas Plant 70 Percent Complete

The view is breathtaking. The Memphis skyline glints and gleams in the midday sun. The Pyramid casts its own unique light across the distance, and the Hernando DeSoto Bridge superstructure is an elegant silver set of curves to the west, filtered through bare trees. It’s a view you need a hard hat to see from the top of the massive heat recovery steam generator at the Tennessee Valley Authority’s Allen Steam Plant, under construction in southwest Memphis.

ARTS & ENTERTAINMENT

‘Hamilton’ a Year Away as The Orpheum, Playhouse Announce 2017-18 Seasons

The Tony Award-winning Broadway musical “Hamilton” will be coming to The Orpheum Theatre, but not until the 2018-2019 Broadway season.

HEALTH CARE

Son’s Diagnosis Fuels Multifaceted Approach to Treating Diabetes

Dr. Kashif Latif dedicated his life to the research and treatment of diabetes after his son, who is now 20 years old, was diagnosed with juvenile diabetes when he was just 11 months old.

Living Well is Best Prescription for Dying Well, Morris Says

Dr. Scott Morris never shies away from tough topics. His keynote address at the Professional Network on Aging Conference, with its theme, “Aging: The Rhythm of Life,” was no exception.

Resurrection Residency Program Awarded 10-Year Accreditation

Resurrection Health is a faith-based health service organization working to address health disparities in Memphis partly through a residency program that trains residents in multiple disciplines along the family medicine and primary care spectrum. And in recent days, that residency program got a big stamp of approval.

ECONOMIC DEVELOPMENT

Sedgwick Announces $34M Expansion, Will Create 150 New Jobs

Sedgwick Claims Management has announced plans to expand its corporate headquarters in Memphis, which will result in the creation of 150 local jobs.

Sedgwick to Occupy Thomas & Betts HQ, TNB Shopping Memphis for New Home

New details are continuing to emerge after Sedgwick Claims Management Services' blockbuster announcement Monday to consolidate and expand its corporate headquarters.

Binghampton Gateway Comes to Food Desert

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

Mid-South Mayors’ Council Announces Lineup for RegionSmart Summit

The Mid-South Mayors’ Council, an initiative of Urban Land Institute Memphis, has release the lineup for its second annual RegionSmart summit, which will be held at the Halloran Centre for Performing Arts & Education on Thursday, April 27.

LAW & THE COURTS

Escort List Lawsuit Revives Old Court Order

Nearly 40 years after U.S. District Judge Robert McRae signed a federal consent decree barring the Memphis Police Department from ever gathering and keeping information from “political intelligence” surveillance of Memphis citizens, the court order has come back to life.

GOVERNMENT & POLITICS

Rallings: Escort List Has Mistakes But Name Selection Isn’t Political

Mistakes were made in putting together the list of 81 citizens who require a police escort at City Hall, Memphis Police Director Michael Rallings said this week.

City Council Wades Deeper Into Beale Street Controversy

The lead partners of the Chicago-Memphis group that wants to manage Beale Street acknowledge they made mistakes earlier in their careers.

County Commission Backs Medical Marijuana, Opposes School Vouchers

Shelby County Commissioners endorsed state legislation Monday, Feb. 20, that would legalize marijuana for medical purposes, came out against a school voucher bill by state Senator Brian Kelsey of Germantown and turned away a social media use policy for county employees.

TENNESSEE LEGISLATURE

View From the Hill: ‘Moral Mondays’ Draw Crowds, But Are Lawmakers Listening?

Johnny and Julie Erwin don’t look like typical protesters, but the senior couple joined the “moral Mondays” ruckus recently at the State Capitol, Johnny wearing his Air Force cap and Julie holding a list of social legislation they oppose.

Harwell: Lovell Investigation Handled Correctly

NASHVILLE – An investigation into now-former Rep. Mark Lovell started a day after he allegedly had inappropriate contact with a woman and lasted two to three days, House Speaker Beth Harwell says.

House Subcommittee Adjourns to Assess Road Bills

NASHVILLE – An effort to take money from the sales tax to fund transportation projects statewide – in contrast to the governor’s plan – ran off the rails Wednesday, Feb. 22.

Akbari Expungement Bill Passes in Subcommittee

NASHVILLE – State Rep. Raumesh Akbari’s effort to cut felony conviction expungement fees in half received a strong endorsement today in the form of bipartisan support.

Beavers Shuts Down Office As Protesters Gather Outside

NASHVILLE – The sponsor of two bills aimed at the LGBT community left the Legislative Plaza in a huff Tuesday, Feb. 21, as protesters gathered around her office to object to her “retaliation” in the wake of a short-circuited press conference.

Harris: House Leaders Took Right Action With Lovell Probe

NASHVILLE – A Memphis legislator critical of the initial reaction to former Rep. Mark Lovell’s resignation is “somewhat satisfied” with the conclusion of a House investigation into allegations of sexual misconduct.

Daniel’s ‘Milo Bill’ Evolves In Freedom of Speech Debate

NASHVILLE – A Knoxville lawmaker pushing free speech on college campuses stopped calling his legislation the “Milo bill” after a video resurfaced of now-former Breitbart News columnist Milo Yiannopoulos approving of pedophilia.

SPORTS

As Rookie NBA Head Coach, Grizzlies’ David Fizdale Earns Acclaim

He has been forthright – with his players and when speaking with the media. First-year Grizzlies head coach David Fizdale doesn’t go in for verbal gymnastics or political double-talk.

The Press Box: Against NCAA, Ole Miss and Hugh Freeze Overmatched

Hugh Freeze lifted the Ole Miss football program into the Top 10, New Year’s Day bowl games and defeated mighty Alabama two years in a row. He did it with a 2013 recruiting class that included three future first-round NFL draft picks and a high-flying offense that showed opponents no mercy.

UT Freshman Arnold Scorching Batters With 0.00 ERA This Season

Caylan Arnold never met a challenge she didn’t like, and she’s taking on a new one almost every day this spring. The 2016 Maryville High School graduate has emerged as one of the top pitchers for Tennessee’s softball team, ranked No. 15 in both major preseason polls.

Tigers Struggling on Court, Baseball Sets Records

Tubby Smith and his Tigers are clinging to fifth-place in the American Athletic Conference, but if their recent play is a forecast of their future performance they will be slipping lower in the standings.

Dobbs Makes His Stand to Join NFL Roster

Josh Dobbs has spent the last four years preparing for a future in aerospace engineering. For now, though, that career is still on the runway. First, he’s hoping to take flight in the NFL. After establishing himself as one of the most productive quarterbacks in University of Tennessee history, Dobbs isn’t ready to give up on football. It remains to be seen if football is ready to give up on him.

MEMPHIS NEWSMAKERS

Attorney Harkavy Named To Wyatt’s Executive Committee

Lee A. Harkavy is one of two attorneys from the Memphis office of Wyatt, Tarrant & Combs LLP to be named to the regional law firm’s executive committee. Harkavy is a commercial transactional attorney focused primarily on representing businesses in their external growth endeavors or exit strategies. In that capacity, he advises clients on mergers, acquisitions and dispositions, and capital-raising transactions.

COMMERCIAL REAL ESTATE

Sector-by-Sector Highlights of the Commercial Property Forecast Summit

Many of the area’s best and brightest commercial real estate minds were on hand for the Memphis Area Association of Realtor’s Annual Commercial Property Forecast Summit at the Halloran Centre for Performance Thursday afternoon. 

REAL ESTATE RECAP

Brewery District Developer Pulls $1.1M Building Permit

495 Tennessee St., Memphis, TN 38103: Montgomery Martin Contractors LLC has filed a $1.1 million building permit application with the city-county Office of Construction Code Enforcement for tenant buildout in the former Tennessee Brewery, located at 495 Tennessee St.

LOCAL COLUMNISTS

Overestimate Health Care Costs for a Healthier Retirement Budget

Ray’s Take It’s not news that health care costs are increasing. Whether you’re just in the planning stages or you’ve already left the workforce, estimating your health care needs is a major cost to consider during retirement.

The Right Thing to Wear

INTO CONDOMS. About 25 years ago, we went to the Cooper-Young Festival with another couple. Our sons were about 9 or 10 at the time. As we lingered at this or that booth, the boys got antsy, so a later meeting place was agreed upon and they took off.

Idea To Action: How Long Should It Take?

Idea generation is one of my favorite elements of the PR profession. I am always energized by the challenge of developing creative ideas that clients can use to either solve a problem or capitalize on an opportunity.

Unreasonable Interview Expectations

Sometimes, interviews can be the worst. I mean, truly. Doesn’t the hiring manager realize that you have a job, life, spouse, children and existing commitments? 

Why ‘No Comment’ is No Good

How can two words speak volumes? Think of the words “I do.” Say those two words, and you enter a lifelong contract. Say “no comment” during a media interview, and you catapult your company into crisis mode.

Keurig’s Journey into Connected Appliances

A talk by Rachael Schwartz, general manager and senior director innovation, Keurig Green Mountain, given at the Back End of Innovation conference. 

What are Capacity and Infrastructure?

Knowing your mission, vision and proposed impact is critical to your success as an organization. Equally important is the process of building your capacity and infrastructure. But what exactly are these things?

Federal Appeals Court Rules Due Process Violations in Memphis Death Row Case

A federal appeals court ruled Friday, Feb. 24, that Shelby County prosecutors violated the due process rights of a Memphis death row inmate by suppressing evidence that a key witness in the murder trial had been paid $750 by the FBI.

SouthernSun Converting Historic Downtown Building to New HQ

SouthernSun Asset Management is preparing to convert part of a historic but long-vacant Downtown building into its new headquarters.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 268 2,718
MORTGAGES 91 335 3,433
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 268 959 6,422
BANKRUPTCIES 55 236 2,182
BUSINESS LICENSES 34 132 1,049
UTILITY CONNECTIONS 50 268 2,308
MARRIAGE LICENSES 23 90 554

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The Memphis News: Business, politics, and the public interest.