VOL. TMN-10 | NO. 43 | Saturday, October 21, 2017
Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.
Big River Crossing, where the railroads still run, links the rural riverfront of West Memphis with the bright lights of Downtown Memphis
When Big River Crossing was about to open a year ago, Doug Carpenter was asked often where the Tennessee-Arkansas state line is over the Mississippi River.
SPECIAL TO MEMPHISDAILYNEWS.COM
You can’t really do the reporting on Big River Crossing and the connections to it without going at it on bike. And so here are a few observations and opinions:
In our long civic discussion about tax incentives to boost economic development, an often-repeated refrain is that these incentives – specifically payment-in-lieu-of-taxes, aka PILOTs – should be strategic in nature.
THE MEMPHIS NEWS ALMANAC
2016: Early voting opens in advance of the November presidential elections in Tennessee.
The Memphis-based parent company of First Tennessee Bank is starting to wind down 2017 optimistic about its business and the direction of the economy, which helped the company grow its net income 7 percent during the quarter.
For the average person, the end of the year means schedules get busier as the holidays approach. That’s less true, though, for mortgage lenders – it can be more of the opposite scenario, in fact.
Benny Lendermon was familiar with the controversy that comes with plans for the city’s riverfront before the Riverfront Development Corp. started in 2000 and he became its founding president.
Three months after yet another riverfront redevelopment concept plan was unveiled with some skepticism, Memphis Mayor Jim Strickland has the catalyst his administration needs to get parts of the plan moving.
REAL ESTATE & DEVELOPMENT
As the temperatures cool, the Memphis-area housing market typically does too, but September home sales figures in Shelby County continued to outperform those of previous years.
Members of the Center City Development Corp. have approved an option contract to purchase a 29,000-square-foot building at 18 S. Main St. with the hopes issuing an RFP (request for proposal) to prospective developers interested in buying and renovating the property.
For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art.
Despite a growing trend of major businesses relocating Downtown, the East submarket still led the way by a large margin in office leasing volume in the third quarter.
The theme that keeps emerging when stakeholders and key officials talk about redevelopment of Downtown’s Pinch neighborhood is that of connecting pieces. The pieces are areas and landmarks around it that have been the focus of investment and attention and traffic while the Pinch has somewhat stalled.
When the city decided in August to end all new connections to the sewer system by developments outside of the Memphis city limits effective immediately, it was about much more than the sewer system.
201 Poplar Ave., Memphis, TN 38103 -
As Memphis Mayor Jim Strickland’s administration considers final details for a Fairgrounds redevelopment plan, he and his staff are waiting on a complete analysis of the condition of the Mid-South Coliseum.
Amazon was awarded a 15-year payment-in-lieu-of-taxes incentive by the Economic Development Growth Engine for Memphis and Shelby County at its Wednesday, Oct. 18, meeting, despite the online retailer’s proposed distribution center spurring a larger debate about the types of jobs the city should incentivize in the future.
GOVERNMENT & POLITICS
Former Tennessee Congressman Stephen Fincher said Tuesday, Oct. 17, he is probably going to run for the U.S. Senate seat Bob Corker is giving up.
City officials laid out numerous paths forward in the Confederate monuments controversy Tuesday, Oct. 17, that include closing Health Sciences Park entirely or building a memorial to lynching victims in the park plaza where a statue of Nathan Bedford Forrest is now the centerpiece.
Shelby County Commissioners advanced pay raises Monday, Oct. 16, for 19 elected offices including their own, but vote totals on the three separate pay ordinances varied.
Christ Community Health Services CEO Shantelle Leatherwood has checked off one of the major items on her immediate to-do list that confronted her upon taking the top job earlier this year.
Enduring for five generations to celebrate its 115th birthday this year was no lucky turn of events for Dinstuhl’s Fine Candy Co. Inc.
The North Carolina minister leading the national “Moral Mondays” movement came to Memphis Monday, Oct. 16, with a call to join a “poor people’s campaign” movement and sign pledge cards that include being “willing to take direct action including civil disobedience.”
THE TIPPING POINT
Sometimes, talking about the weather isn’t boring at all. Sometimes what a person says about the weather helps explain his life story.
THE PRESS BOX
What is your definition of “tasteless?” Is it Grizzlies fans booing $94 million man Chandler Parsons on opening night, frustrated when he wouldn’t shoot open jumpers and when he could only make 1-of-5 free throws? All, by the way, when they were wildly cheering and giving standing ovations to former Grizzly and still adored Grindfather Tony Allen, the guy the organization let walk and sign for the veteran’s minimum with New Orleans?
The rookie admitted there was at least a moment of concern. Dillon Brooks would score 19 points with five rebounds, four steals, mostly look like he had been playing in the NBA for about 10 years, and his team would win on opening night.
When he was hired as Tennessee’s football coach in December 2012, Butch Jones used the term “infallible” to describe the system he was bringing to Knoxville.
The art of kicking a football is often taken for granted.
Tennessee’s football team will make history Saturday against No. 1-ranked Alabama (7-0, 4-0 SEC), no matter what happens with the game.
From the time training camp opened this year, forward Jarell Martin was considered likely to be left on the outside looking in when the Grizzlies made their final roster cuts. Martin was a first-round selection in the 2015 NBA Draft, but speculation was he would be competing with young Deyonta Davis, a second-round pick in 2016, for the last roster slot on the front line. And because Davis was just 20 and considered raw but with much potential, Martin would lose out.
Attorney Peter Pettit has joined Mid-South Food Bank as chief development officer following his recent retirement as a partner in the Memphis office of Bass, Berry & Sims PLC. In his new role, Pettit works closely with food bank leaders to develop strategies and relationships with major gift donors, and specifically is working to complete the $12.5 million “Hunger to Hope” capital campaign.
VIEW FROM THE HILL
Southern nationalists planning to lead rallies in Murfreesboro and Shelbyville are banking on Republican ideas and protection to spread their views, a burr under the saddle for state lawmakers in the controlling party.
HARD MADE HARDER, THAT’S THE TICKET. Growing up, I felt deprived because I occasionally had to ride the bus. In college, I felt deprived because I didn’t have a car. When I got married, I felt deprived because we had only one.
Ray’s Take: Planning for your financial independence can seem overwhelming with a minefield of moving parts. Achieving the dream of a secure, comfortable retirement is much easier when you know the significant numbers involved.
I napped. I never nap. But off and on for a few hours a nap seemed like a perfectly reasonable activity as I laid in the shade of our poolside Bali bed cabana at Villa Premiere Boutique Hotel & Romantic Getaway in Puerto Vallarta, Mexico.
Your words are an incredibly powerful business tool that you use each and every day. This is especially true during your job search. Not surprisingly, the punctuation around those words can be just as important as the words themselves.
Sales greats have the ability to adapt based on their audience, are able to embrace rejection as an express pass to their next “yes” and generally have a high degree of emotional intelligence. But even veteran sales pros can fall into the trappings of excuse making as a way to cope with sales hurdles.
If you are a Medicare enrollee, you should know that open enrollment takes place from Oct. 15 through Dec. 7, 2017. Any changes you make to your coverage will take effect on Jan. 1, 2018. Since your health care priorities are likely to change over time, you might find it beneficial to review and make alterations to how you structure your Medicare solution.
A look beyond tragedy: how to support University of the Virgin Islands students, faculty and staff suffering from hurricanes Irma and Maria. Many of us think of the Virgin Islands as a favorite vacation paradise. In addition to the beautiful beaches and lush vegetation, the U.S. Virgin Islands are also home to a hidden gem: the only historically black university located off the mainland.
A Day of Innovation session led by Monica Kang, founder & CEO, InnovatorsBox. How can you face your fear and use it as a strength?