VOL. TMN-9 | NO. 7 | Saturday, February 13, 2016
Shelby Farms Park expansion enhances natural beauty
They were at the 2007 National Recreation and Park Association conference in Indianapolis and they had been dutifully attending the seminars and taking notes. But one day this two-woman contingent from Memphis and the newly formed Shelby Farms Park Conservancy skipped out of the afternoon workshops.
THE MEMPHIS NEWS EDITORIAL
When you look at the physical changes currently underway at Shelby Farms Park, it can be easy to miss the rise of conservancies as forces that are changing the landscape of our city.
An East Memphis bakery is preparing to add a second location in Collierville. Frost Bake Shop co-owner Bill Kloos Jr. says his sweet treat shop has picked out a spot at 1016 W. Poplar Ave. for store number two.
Former President Bill Clinton rallied the Democratic base in Whitehaven Thursday, Feb. 11, with a standing room only speech of nearly an hour in the gymnasium of Whitehaven High School.
OneJet has announced its second focus city, and Memphis didn’t make the cut.
Vice President Joe Biden will be in Memphis next week as one of several stops in three states to mark the seventh anniversary of the American Recovery and Reinvestment Act.
THE MEMPHIS NEWS ALMANAC
2015: Business, government offices and schools that aren’t already out for Presidents Day close when temperatures fall well below freezing and rain moves in, creating about an inch of freezing rain, according to the National Weather Service.
GOVERNMENT & POLITICS
Memphis Mayor Jim Strickland wants to offer the next Memphis Police Department director a multi-year contract for more than the $150,000 the city is currently paying interim police director Michael Rallings.
Tennesseans can begin casting their ballots in the presidential primaries on Wednesday, Feb. 10, the day after the votes were counted in New Hampshire on the political road to the summer conventions.
Bruce McMullen remembers his hometown of Sparta, Georgia, as small, about 3,000 people.
Shelby County Commission chairman Terry Roland will not be running in the Republican primary for the 8th Congressional District in August.
Women in the business world touch all of Memphis’ key sectors, but even in leadership roles they still run up against doubt and discrediting from their peers.
REAL ESTATE & DEVELOPMENT
The Land Use Control Board has approved initial outlines for a 57-acre planned development north of Shelby Farms Park.
The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.
After closing out 2015 on a high note, Shelby County home sales are off to a slow start this year.
Shelby County’s mortgage market kicked off 2016 reflecting a bit of the backwards step other sectors of the economy, such as the stock market, have taken in recent weeks.
REAL ESTATE RECAP
810 Washington Ave., Memphis, TN 38105 -
An apartment complex in the Memphis Medical Center has sold for $9.7 million.
HEALTH CARE & BIOTECH
Baptist Memorial Hospital-Collierville has begun seeing a stream of patients often desperately in need of a new kind of treatment, and the hospital teamed up with another company to launch that treatment in recent days.
The first clue as to the purpose of Dr. Stephen Landy’s clinic, housed in space at the Baptist Memorial Hospital-Memphis campus at 6029 Walnut Grove Road, is the sight.
Before Olympus Corp. announced last month its plan to locate a service and distribution center in Bartlett, a bigger medical device manufacturing company was on the hook for the town.
TRANSPORTATION & LOGISTICS
The public’s first chance to comment Tuesday, Feb. 9, on a set of 35 interim changes to Memphis’ bus schedule sounded like an auction.
The end of federal rent subsidies at two Memphis apartment complexes with a recent history of code violations will create some larger issues for the surrounding communities.
When school systems across the state began logging onto the state of Tennessee’s site for the first wave of TNReady math and language arts achievement tests Monday, Feb. 8, the network that connected all of those local servers was “saturated” doing other things, according to state education officials.
ARTS & ENTERTAINMENT
As a child Memphis filmmaker Rachel M. Taylor imagined that she’d grow up and direct a Star Wars-caliber movie. She didn’t realize back then that her ambition would carry her into an industry where the DNA still skews predominantly pale and male.
Hattiloo Theatre is expanding with a $750,000 addition 18 months after the black repertory theater company opened in Overton Square.
Established film festival Louisiana Film Prize is launching its first offshoot in Memphis. Filmmakers who shoot a five- to 15-minute movie within Shelby County can be entered to win $10,000 locally and go on to win $50,000 at the larger competition in Shreveport, Louisiana.
MARKETING & ADVERTISING
The Super Bowl is the biggest advertising competition of the year. Brands that win big can reap the viral benefits for months to come. And those that fail do so publicly, oftentimes with mounting consumer criticism that can take just as long to overcome.
Ronald Murphy has joined Paragon Bank as vice president, aircraft lending. Murphy – who worked at Paragon from 2005 to 2008 as senior vice president, aircraft lending – will originate and service aircraft loans for the bank by developing relationships with dealers, brokers and end users of business aircraft.
SMALL BUSINESS SPOTLIGHT
Ryan Anderson sums up the homebuilding profession as taking one of two approaches.
In their first game after learning their franchise player had fractured his right foot and would be lost to the team indefinitely – and yes, perhaps for the rest of the season – the Grizzlies reacted just the way that was needed: They went out to Brooklyn and demolished the hapless Nets before starting their All-Star break.
You can’t tell the players – or the owners – without a scorecard.
When Gov. Bill Haslam gave his annual State of the State address on February 1, he proposed a $34.8 billion plan providing new spending on colleges and universities, road projects and a large deposit into Tennessee’s emergency budget reserves.
Aging in place, being able to live at home in more or less independent circumstances, is what most seniors say they long for, and what advocates for the elderly recommend when possible.
LETTER TO THE EDITOR
“A Trend Emerges.” Just more than a year ago, a local journalist wrote those words in a report detailing the most recent Brady violations by the Shelby County District Attorney General’s office. Last month, that trend continued when the Tennessee Board of Professional Responsibility charged two more attorneys from that office with ethics violations.
Gabriel Fotsing Helps Low-Income Kids Find Path to College
Going to Harvard is a big deal no matter who you are. But going to Harvard when you’re a poor kid from Cameroon? That’s a home run. That’s what Gabriel Fotsing did. He grew up in Douala, moved to Houston and taught himself how to apply to college.
THE SPORTS QUOTES YOU HAVEN’T HEARD. While the Super Bowl, Iowa and New Hampshire are behind us, the rest of the primaries, the general election, and a million tired sports analogies and metaphors are regrettably still in front of us … as in, we’re still in the early innings.
Ray’s Take If we’re honest, we should admit that debt is only incurred when we want something that we haven’t saved for. That said, there are two types of debt – good debt and bad debt. And it’s important that you know not only the difference between them, but how they affect your lifestyle and financial plans. This gives you confidence to know when it’s prudent to go ahead and borrow money.
If you know what you’re searching for, then look where you’re most likely to find it. That sounds too simple to be good advice, but it is.
“Dictionaries are mazes in which judges are soon lost.” Thus said Judge Richard Posner (7th Circuit Court of Appeals) in a review of “Reading Law: The Interpretation of Legal Texts” by Justice Antonin Scalia and legal lexicographer Bryan Garner.
Pushing a budget with more than $100 million for K-12 teacher pay raises, Gov. Bill Haslam says Tennessee is taking education to new levels by raising standards, linking teacher evaluations to student performance and expanding education options.
I must confess: Valentine’s Day is very possibly my favorite holiday. Despite being overly commercialized, it’s what you make it, and that’s what I like. There are few expectations from family and friends. You can choose to ignore it, go all out, or find a comfortable space in between. And the best part is it’s about love and gratitude.
You likely haven’t gotten to where you are today with a “head in the sand” approach to managing your business. When it comes to crisis communications, busy executives sometimes neglect to plan against all that could go wrong.
Innovation gets defined so many ways that it can be confusing. While there is a repeatable framework for creating new value, the iterative nature of front end discovery work can perplex those who believe that work should be linear.
Here’s a stereotype to bust: Philanthropy is about large gifts from the rich and the powerful who give to organizations and institutions that serve those in need. Here’s an expanded definition: Philanthropy includes everyday African-Americans who give freely of their treasure.