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VOL. 131 | NO. 205 | Thursday, October 13, 2016

Mud Island Proposals to Reset If Tourism Funding Approved

Even if the city of Memphis gets state approval to use Downtown tourism development zone (TDZ) funds for Mud Island, Andy Cates says his outdoors company will not be part of any redevelopment plans for the river park.

Green Spaces Valuable Assets for Memphis, Citizens

Shelby Farms Park’s biggest project – Heart of the Park – is open. The Wolf River Greenway is on track for completion no later than 2020. Overton Park has come through the greensward controversy and is moving ahead with park enhancements.

Haslam Appoints 8 to New University of Memphis Board

Tennessee Gov. Bill Haslam has appointed eight business leaders, including a former University of Memphis interim president and the CEO of J.C. Penney Co., to the newly formed governing board of the University of Memphis.

City Market Owners Opening New Midtown Restaurant This Month

Every morning, Sunny Mandani is having to turn away a dozen or more customers from his and his wife Hamida’s new restaurant at the corner of East Parkway and Central Avenue, across from Christian Brothers University.

Last Word: Mud Island Round 3, Newsmakers Notes and North Midtown

Cue the organ. You know, the one from those old soap operas or radio dramas. And prepare for the latest episode of Island of Mud. When last we looked in on Mud Island River Park, the city had two finalists to redevelop all or a part of the southern half of the island that is really a peninsula.

Local Weather
Currently
Memphis, TN
76.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 88%

EVENTS

The Booksellers at Laurelwood and Crosstown Arts story booth will host Pulitzer Prize-winning author Robert Olen Butler for a discussion and signing of “Perfume River” Thursday, Oct. 13, at 6 p.m. at the story booth, 438 N. Cleveland St. Visit crosstownarts.org.

more events »

Early Results Show Graduation Rate Gains In Shelby County, With Exceptions

From 96.4 percent in Arlington Community Schools to 78.7 percent in Shelby County Schools, the high school graduation rate in five of the public school systems in Shelby County increased in the 2015-2016 school year compared to the previous year.

REAL ESTATE RECAP

Southeast Memphis Portfolio Sells for $23.6 Million

Multiple Properties -
Six warehouses and a parcel of vacant land in southeast Memphis have sold for a combined $20 million. The seller, Gateway McKinley Inc., purchased the seven properties in 2000 for $23.6 million.

LOCAL COLUMNISTS

How to Make Your New Business Fail

Congratulations, you are an entrepreneur! You have a great idea and are ready to launch your new business. You’re not alone. This year, according to the Small Business Administration, you are among the other 399,999 folks with a great idea poised to open their doors for business. But don’t worry, there is room for success.

‘Mail Room Guy’ Busted

Twelve states have cities named Greenville: Alabama, Georgia, Illinois, Iowa, Kentucky, Michigan, Mississippi, Missouri, North Carolina, Ohio, South Carolina, Texas. I tied this down in 1975, breaking an unwritten rule along the way. This, when I wrote a byline article about cities named Green Something.

State Rep. Feels Heat From Staffer’s Firing

Like sands through the hour glass, these are the days of our Legislature’s lives.

MEMPHIS AREA

Man Charged With Kidnapping Florida Girl Waives Extradition

MEMPHIS, Tenn. (AP) – A man charged with kidnapping a 4-year-old girl from her Florida home and driving her to Tennessee has waived extradition and will return to Florida without putting up a legal fight.

STATEWIDE

Freed-Hardeman University President Retiring

HENDERSON, Tenn. (AP) – Freed-Hardeman University says president Joe Wiley will retire at the end of this academic year.

NATIONAL BUSINESS

Tesla, SolarCity Shareholders to Vote on Merger Next Month

PALO ALTO, Calif. (AP) – Tesla Motors CEO Elon Musk faces a referendum next month, as shareholders decide whether to support his vision and combine Tesla with solar panel company SolarCity Corp.

Amazon Launches For-Pay Streaming Music Service

NEW YORK (AP) – Amazon is launching a paid streaming music service, the latest entry in an increasingly crowded field.

TECHNOLOGY

Samsung Woes Show How Dependent We've Become on Smartphones

NEW YORK (AP) – Tethered as we are to our smartphones, Samsung asking users of its fire-prone Galaxy Note 7 to "power down and stop using the device" is not just an inconvenience. It's crazy.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 52 374 8,123
MORTGAGES 52 433 9,632
FORECLOSURE NOTICES 22 103 1,461
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658
BUSINESS LICENSES 0 143 3,091
UTILITY CONNECTIONS 24 152 3,402
MARRIAGE LICENSES 38 158 1,846

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