VOL. TMN-9 | NO. 39 | Saturday, September 24, 2016
Smaller, open office spaces create challenges for tenants, developers
The office of the future hacks down cubicle walls in favor of modular furniture that encourages collaboration. As many business sectors, from banking to legal services, move to a tech-first approach, companies are turning away from traditional office configurations to attract the next generation of talent.
The Memphis Grizzlies are launching their own in-house media brand at grizzlies.com and have hired a long-time NBA writer from ESPN to head up the effort.
For Memphians of a certain age, the phrase “neighborhood schools” conjures images of yellow yard signs reading “Happiness is a neighborhood school.”
For Ellis Haguewood, headmaster at Memphis University School (MUS) for the past 22 years, the relationships he has forged with students and colleagues during his 48 years at the school are the things he holds most dear. Haguewood will retire at the end of the school year, marking the end of an era in which MUS has prospered both inside and out of the classroom.
Among the start-of-school-year emergencies Shelby County Schools leaders faced in August was a shift of the school system’s food services out of the 70-year-old Central Nutrition Center building.
It is not an exaggeration to say that the formation of Knowledge Tree in 1994 was a case of the Gattas family, well, branching out.
The Tennessee Board of Regents is helping pave the way for the University of Memphis to build a $44 million on-campus music center instead of an already approved biochemistry and biology building.
In the weeks before school began, every teacher and staff member at Martin Luther King Jr. College Preparatory High School went through a new training.
When Wade Bolton was shot and fatally wounded in Court Square in 1869 by a former partner in a slave trading firm, it continued a long-running feud across several years in which eight people altogether would die violently.
THE MEMPHIS NEWS ALMANAC
1995: George Strait and Faith Hill at the Mid-South Coliseum.
REAL ESTATE & DEVELOPMENT
Belz Enterprises has taken a major step in the renovation of the shuttered Peabody Place mall into ServiceMaster Global Holdings’ future headquarters.
The Beale Street Tourism Development Authority is sending its response to a term sheet from the principals of 21 Beale Street Inc., the only company in the running for a contract to manage the entertainment district for the authority. The authority isn’t ready to say it represents even a tentative agreement and the leader of the 21 Beale management group is expressing frustration over the process.
The University of Memphis will get a development incentive boost around its campus, a longstanding Memphis-based manufacturer has been granted tax incentives to expand on Presidents Island and a gift-wrap company has received an amendment to its tax incentive that will allow it to add staff.
The Nineteenth Century Club, one of the last great mansions of Union Avenue, was slated to become a strip mall. Next door to the 107-year-old building is a Taco Bell, which stands on the site of the Nineteenth Century Club’s former ballroom.
For 40 straight quarters now, Memphis-based auto parts retailer AutoZone has delivered double-digit earnings per share growth.
TRANSPORTATION & LOGISTICS
John Zimmer, co-founder and president of the on-demand ride-sharing company Lyft, thinks that in less than a decade private car ownership will essentially have ended in major U.S. cities. Also, that within five years most Lyft trips will take place in self-driving cars.
Children and families dealing with mental health and behavioral issues have a new option for in-home specialized care with Family Institute of Tennessee’s expansion into the Memphis market earlier this year.
The battle against opioid and other prescription pill addictions is gaining traction in parts of Tennessee thanks to efforts from groups like the Memphis Area Prevention Coalition and expanding programs like Count It! Lock It! Drop It!, which recently received a $1.3 million grant from the BlueCross BlueShield of Tennessee Health Foundation.
Baptist Memorial Hospital-Memphis has launched a new service at its flagship East Memphis campus – an adult inpatient epilepsy monitoring unit, where patients can get specialized care and treatment.
Baptist Memorial Health Care has added a trio of new specialists to its ranks, welcoming a new pediatric intensivist, a surgeon and a pediatric gastrointestinal specialist.
Dr. Shweta Patel has joined Adams Patterson Gynecology & Obstetrics as a board-certified obstetrician and gynecologist. Patel, who’s a lieutenant commander of the Medical Corps of the United States Navy, comes to Adams Patterson after serving as a naval medical officer and sexual assault response liaison at Walter Reed National Military Medical Center.
Sally Jones Heinz’s connection to MIFA goes all the way back to her uncle Dr. Paul Tudor Jones, who was pastor of Idlewild Presbyterian Church and one of the nonprofit’s founders 48 years ago.
One of the state’s two largest cities has decriminalized possession of less than a half ounce of marijuana. And the other city set the stage for a final vote on a similar measure next month.
On the western end of Hickory Ridge Mall in the corner of a space that was once a video game arcade, there is a super hero’s outfit – a stylized W in the center of the brick-red armored top.
Derwin Sisnett remembered a Christmas from his childhood this weekend. He wanted a Nintendo gaming system and remembers he and his brother searching their home while their parents where elsewhere.
Robbie Johnson Weinberg has a great appreciation for FedEx, AutoZone, International Paper and other large corporations based in Memphis. But when she’s traveling, the co-founder of Eclectic Eye always likes to check out the small businesses in other cities – everything from a neighborhood pub to the “funky comic book store.”
Tennessee Agriculture Commissioner Jai Templeton joked with a Memphis group last week during a visit to the city that pigweed gets called hogweed when it becomes a real problem for farmers.
When she was a little girl from Texas visiting her family’s Arkansas farm, Octavia Young remembers going to the Sears Crosstown building in Memphis with her grandmother. Now all she needs to do is stand on the front porch of her restaurant, Midtown Crossing Grill, to watch the progress of the renovation of the huge former distribution center.
THE TIPPING POINT
Managing information technology for a hospital system might not seem like a natural extension of a career in the U.S. Navy. But as vice president and chief technology officer of Methodist Le Bonheur Healthcare, Gene Fernandez finds himself at the heart of the cybersecurity battle that health care providers are fighting.
He has belonged to the NFL for a long time now, if you want to think of DeAngelo Williams that way, and truth is you’re probably divided on that. For he’ll always belong to the University of Memphis first, on that much we can agree.
Most of the time, Nick Saban is this wound-tight, micromanage-every-minute hybrid of a corporate CEO and the most successful college football coach in the land.
Was Sunday’s stunning victory in Detroit the start of a turning point for the Tennessee Titans?
Since his arrival at Tennessee in December 2012, Butch Jones often has spoken about the importance of getting the Vols back up and running in their biggest rivalry games.
If you’re a Tennessee fan hurting from the 11-game losing streak against Florida, put yourself in Corey Vereen’s shoes.
The University of Memphis football team has won the first two games under new head coach Mike Norvell and the cumulative tally in those wins over Southeast Missouri and Kansas is 78-24.
No one, including Marc Gasol himself, will know that he has really recovered from his broken foot suffered last February until he’s playing games that count and then able to stack games on top of one another.
REAL ESTATE RECAP
950 Cherry Road -
A Chicago-based private equity fund has purchased the 176-unit Town Village Audubon Park retirement community in East Memphis for $13 million, or $73,864 per unit.
GETTING A BIG IDEA ACROSS. A few years ago, I heard about a big idea and wrote about it. Next month, that idea becomes Big River Crossing, an inspirational bridge between imagination and reality.
Ray’s Take When talking about money and how it works in our lives, we often refer to the difference between wants and needs. The challenge being that when someone really wants something it can start to feel like a need.
The drive to the meeting was inspirational. The weather was perfect, the lights were green, and someone even let me in the line of traffic right before it merged to the left. I had a newness of thought as I weighed possible solutions to the problem to be discussed at the meeting. I wondered what insights others would offer to the situation.
State Rep. Kevin Brooks set the tone for Jeremy Durham’s ouster in prayer, of all places. Quoting from Luke, the Cleveland Republican opened the recent extraordinary session of the General Assembly saying, “Heavenly Father, you’re very clear in your word when you say that every valley will be filled, every mountain and hill brought low and the crooked places made straight and the rough places made smooth.
I saw in the sports section of my local paper an item that said three golfers named Yip, Hack and Schenk were a threesome on the final day of some tournament. And I thought it was a joke.
Very often in school, we’re taught to understand both sides of an issue. If you can argue for or against a point, you’re often more likely to truly understand all dimensions of the problem at hand.
Since Facebook Live launched in April of this year, live-streaming events have become very popular. While competitor Periscope has been around since early 2015, Facebook has integrated live-streaming directly into the timelines of 1.71 billion users, making these live videos more visible than ever.
Many companies and people confuse what they mean when discussing value propositions, benefits and features. Be clear with your product marketing.
We are entering the giving season. Many reader will focus on Thanksgiving, Christmas, Hanukkah, Kwanzaa and the New Year. Here at FUNdraising Good Times, we are focused on giving to nonprofits. Like children who dream of a pile of gifts under the tree, many nonprofits are praying – or hoping and crossing their fingers – that the money they need will come their way.