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VOL. TMN-9 | NO. 1 | Saturday, January 2, 2016
Weekly Issue

Under Pressure

Facing criticism, Urban Child Institute poised for change

The Urban Child Institute’s research produces data. That data provides guidance for making decisions about how to best help Memphis children age 3 and younger. And The Urban Child Institute’s assets, around $150 million in 2013, offer a means to that end.

Strickland Takes Office, Doubles Down on Change Theme

Memphis Mayor Jim Strickland took office New Year’s Day with a pledge to immediately begin to “target and remove” street gang leaders and equip police with the ability to immediately issue domestic violence orders of protection.

Mississippi River at Memphis Approaches Flood Stage

As the Mississippi River was nearing flood stage at Memphis Saturday, Jan. 2, Memphis firefighters were preparing to go door-to-door in Harbor Town on Mud Island.

Memorable Events of 2015 will Spill Into 2016

When you really get down to it, history is a collection of moments, moments that, when they fall one after the other over the long arc of time, eventually form the tapestry representing who we are.

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EVENTS

The Yard will recycle Christmas trees free of charge Monday, Jan. 4, through Jan. 29 at its recycling and composting facility, 1735 Thomas Road. If you mention Memphis Botanic Garden when dropping off a tree, The Yard will donate $5 to the garden. Visit memphisbotanicgarden.com for details.

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THE MEMPHIS NEWS EDITORIAL

Editorial: New Challenges, Goals Come with New Year

It’s always the stuff at the start of the year that gets short-changed 12 months or so later.

Tri-State Bank Sells Downtown Memphis Headquarters

A prime piece of Downtown real estate linking Beale Street and the South Main district has been sold.

REAL ESTATE

iBank Tower Sells for $19.2 Million

The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.

Highland Row Set to Land Steakhouse

The restaurateurs behind long-standing Italian restaurant Amerigo are bringing a new concept to a high-profile project.

Mall of Memphis Land Sold to Trucking Company

The development company that wanted to build a speculative industrial park on the former Mall of Memphis site has sold the property instead.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: January 1-7

1993: Production of the motion picture "The Firm" is underway in Memphis with Tom Cruise, Gene Hackman and Jeanne Tripplehorn in the city to film the adaptation of the John Grisham novel. Producers of the movie decide to shoot exterior scenes in the city as well and use the old International Harvester plant in Frayser, which includes a law library for the fictional law firm.

BUSINESS

OSI Creative Initiative Brings Single Moms to Workforce

OSI Creative has chosen Memphis to pioneer its Mothers and Jobs initiative, a program designed to provide employment for local single mothers.

The Good and Bad of Memphis’ Fortune 500

During a breakfast meet-and-greet with young professionals earlier this fall at International Paper’s newly opened building on its Poplar Avenue campus, IP chairman and CEO Mark Sutton recalled attending an investor day event during his first month on the job.

TECHNOLOGY

Corefire App Could Bring Real Change to Memphis

The numbers are startling: Only 43 percent of African-American males in Memphis graduate from high school, and the city’s poverty rate for families with children younger than 18 is 44.3 percent, double the national average.

University of Memphis to Focus on Drone Research in 2016

The FedEx Institute of Technology in 2016 will roll out heavy programming, research and community engagement in drones and other unmanned vehicles as these emerging technologies continue to mature.

FINANCIAL

Memphis Banking Officials Brace for Changes In New Year

As he chatted about the Memphis banking market with a few guests in a conference room at his bank’s headquarters on Quail Hollow Road back in 2010, Magna Bank chairman, president and CEO Kirk Bailey looked into the future and imagined how local mergers must surely be on the way.

ENTREPRENEURSHIP

Entrepreneurs Offer Ideas for 2016

New Year’s resolutions tend to run from the mundane – like exercise and eating better – to more profound life goals, professional ambitions and the like. The same is true when it comes to a city like Memphis, which stands on the precipice of what looks to be a new year of consequence on a number of fronts: political, civic, entrepreneurial and more.

HEALTH CARE

Sudden Cardiac Arrest Prevention Act Set for Jan. 1

With the arrival of the new year this week, a new law goes into effect in Tennessee that requires coaches and parents of athletes 18 years and younger to be informed about the signs and symptoms of sudden cardiac arrest.

GOVERNMENT & POLITICS

After a Year of Triumphs and Defeats, Haslam Looks Ahead

Eight days into 2015, Tennessee Gov. Bill Haslam formally set a special session of the Tennessee legislature for February on his Insure Tennessee plan, a Medicaid expansion Haslam negotiated with the Obama administration.

Immigration Policies to Have Local Impact

Not that it wasn’t already complicated, but U.S. immigration policy and its enforcement is about to get more complicated.

COMMUNITY

Family Safety Center Awarded Grant for Shelter Services

For women escaping domestic violence, overcrowded shelters only aggravate a fragile transition. To ensure safety, the Family Safety Center of Memphis and Shelby County is adding temporary hotel and apartment housing to its list of domestic violence services.

Grant Program Proving Beneficial To Neighborhood Watch Groups

With backing from the City of Memphis, local neighborhood associations can receive up to $2,500 to make their neighborhoods safer.

Opera Memphis General Director Reflects on Challenges, Storytelling

Even though he’ll have reached the five-year mark as general director at Opera Memphis in January, Ned Canty says there are some days when it feels like he’s still just getting started.

EDUCATION

ASD, I-Zone Competition Becoming Heated Debate

Before winter break, Vanderbilt University released a study on achievement test results for students in the state-run Achievement Schools District and locally operated Innovation Zone schools, and the study has created a tipping point in an increasingly heated education debate.

LAW & THE COURTS

Stewart Incident Triggers Systemic Shift

For six months this year the Black Lives Matter movement in Memphis grew in an ebb and a flow governed largely by the growing list of fatal police encounters in other cities.

City Code Enforcement Inspectors File Complaint

A week and a half after the October Memphis elections, a group of 16 employees in the city Public Works division filed a formal complaint of discrimination against their supervisor with the city’s office of Equal Employment Opportunity Office.

SPORTS

For Grizzlies, Defense and Mental Toughness Trump Style of Play

In their last game of the 2015 calendar year, the Memphis Grizzlies had survived an epic fourth-quarter scoring drought, climbed above Marc Gasol’s broad shoulders in overtime, and emerged with a 99-90 victory over the Miami Heat at a happy FedExForum.

It’s Official: Memphis QB Paxton Lynch Declares for NFL Draft

The surprise had been gone for a long time. Everyone expected University of Memphis redshirt junior quarterback Paxton Lynch to declare for next spring’s NFL Draft.

One Tigers Football Era Ends, Another Begins

As handoffs go, this one was a fumble.

Razorbacks Hope Roller-Coaster Season Ends On High Note

They lost to Toledo. That in itself created a good-sized emotional earthquake among Arkansas Razorback fans.

Almost Gone: Kobe, Carter and an Era

There were moments. For the great ones, for the future Hall-of-Famers, there are always moments.

Titans Face Number of Questions As Season Ends

The Tennessee Titans are on the clock. If they lose to the Indianapolis Colts in Sunday’s season finale, the Titans franchise will have the first pick in the 2016 NFL Draft for the first time since the Houston Oilers took Earl Campbell first overall in 1978.

SMALL BUSINESS

Halford Loudspeakers Specializes in Music Quality

At Halford Loudspeakers, customers aren’t getting the latest brand of headphones or earbuds. Sure, those products serve a purpose for listening to music.

NEWSMAKERS

Earthman Promoted at Geotechnology

Doug Earthman Jr. has been promoted to business development associate at Geotechnology Inc., a geotechnical engineering and environmental services firm. In his new role, he’ll develop and maintain relationships with clients throughout Tennessee, Mississippi and Arkansas in markets that include transportation, manufacturing, energy, institutional and commercial developments.

REAL ESTATE RECAP

Crestview Collection Makes New HQ in Oakhaven

4300 Concorde Road, Memphis, TN 38118 -
The Williams-Sonoma distribution center in Oakhaven has sold for $6.9 million.

LOCAL COLUMNISTS

Diverse Learning

The black kid across the hall came from Pearl in Nashville and had a full-ride scholarship.

Resolutions Not to Make in 2016

Ray’s Take New Year’s Eve is traditionally a time to make resolutions about what we will do in the coming year. But, since investing is one of those topics that don’t come easy to a lot of people, let’s do something different. Make resolutions of what you will not do.

Thrive in The Expectation Economy

Maxwell Luthy’s keynote begins with a warm-up. Luthy, director of Trends and Insight, showed two innovations and asked if they were good or bad. The first has a real-time countdown of your life expectancy. The second innovation is an emoji-based room service.

Refugees, Regents, Privatization On Tap for New Session

State Sen. Ken Yager isn’t quite ready for the state of Tennessee to reclaim the Refugee Resettlement Program from Catholic Charities.

Ghosts of Programs Past

Once again it’s here. Time for the last column. Of the year, at least. And, though I didn’t do so last year, typically I in essence reprint a column I first wrote many, many years ago. One about winter holiday programs. Once called Christmas pageants.

New Year, New You

Happy New Year! With the holiday season coming to a close, 2016 is upon us. It’s such an exciting time, full of hopes and dreams for the future. One of the first things we often do is create resolutions for the upcoming year.

Video to Dominate in 2016

This column is the seventh in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

Nonprofit Mission Creep: Good or Bad?

This is the first in a series focused on the prerequisites for fundraising success. Happy New Year! We hope you are energized and ready to embrace a new year and new fundraising success.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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