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VOL. TMN-10 | NO. 44 | Saturday, October 28, 2017
Weekly Issue

Justice Department Drops Some But Not All Juvenile Court Oversight

The U.S. Justice Department has dropped more but not all of the measures it put in place five years ago at Memphis-Shelby County Juvenile Court.

CEO of First Tennessee Parent Co. Gets $5.5M Bonus

The board of directors of First Tennessee Bank’s parent company has approved a $5.5 million bonus for CEO Bryan Jordan.

Clicking on All Cylinders

Daily News seminar to focus on the bid for Amazon, commercial real estate

Memphis is a city on the precipice of change as projects that were once deemed impossible – like ServiceMaster’s Downtown headquarters or Crosstown Concourse – have emboldened developers and city officials to shoot for the moon.

EDITORIAL

Editorial: Finding Memphis In An Era of Big Changes

Day by day it seems we see new evidence of change in a city that many of us believe doesn’t change much and even then changes very slowly and gradually.

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SPECIAL EDITION Commercial Real Estate

Commercial Developers See Bright Future With Collierville's Growth

The town of Collierville has been enjoying strong development activity in all sectors over the past several years, fueled by the area’s strong schools, low crime rate, plentiful amenities and an abundance of developable land.

I Love Juice Bar Owners Seek Out Venues With History, Community

Not only do I Love Juice Bar owners Scott and Rebekah Tashie want to lead the way when it comes to providing healthy food on the go, the two local restaurateurs also like leading the way when it comes to transformative real estate developments.

Chain Reaction: Memphis Builds on National Restaurant Trend

Morgan Hughes is a 22-year-old college student who regularly spends more than $100 a week going out to eat. Sometimes it’s a trip to Sonic, other times it’s a meal at Next Door in Crosstown Concourse, still other times it’s food from the restaurant where she works, Hog & Hominy.

THE MEMPHIS NEWS ALMANAC

Oct 27-Nov 2, 2017: This week in Memphis history

2010: Election day in Memphis and Shelby County with a referendum on the first metro government charter to reach the ballot in 39 years. The proposed charter for a consolidated Memphis-Shelby County government narrowly passes in the city with 51 percent of the votes -- a margin of 2,337 over those voting against the consolidation charter. It is crushed in the county outside the city in the dual referendum with 85 percent or 76,988 voting against it compared to 13,633 votes for it.

NONPROFIT SECTOR

Men Rock Pink to Raise Awareness For Breast Cancer

Men don’t typically have a big voice in the fight against breast cancer, but the American Cancer Society is changing that by partnering with prominent local businessmen, health care professionals, and public servants.

COMMUNITY

Making the List

Temple’s ‘Treasures’ status paves way for new purpose

With black-and-white images from Memphis in conflict circa 1968 projected larger than life on a video screen behind him, Kirk Whalum stood in the sanctuary of Clayborn Temple earlier this week talking about growing up in Memphis in that era.

No-Sweat Market

If the whole concept of “fair trade” seems a bit too remote in time and space, then Jackie Nerren has a recommendation that might allow you to better understand: one sip at a time. “Black Gold” is a 2006 Indie film about coffee growers in Ethiopia, where coffee accounts for 67 percent of the country’s foreign exports. In the U.S. and many other fully industrialized nations, coffee is big business. But the film details the struggle faced by some 70,000 famers receiving minimal payments for producing coffee beans – along the lines of 12 to 25 cents for every kilo picked.

Publisher of New Tri-State Defender Dies

Bernal E. Smith II, president and publisher of The New Tri-State Defender newspaper, died Sunday, Oct. 22, at his home, according to Smith’s family.

MANUFACTURING

Whitmor, Neat Method Merger Could Create Industry Giant

While the home organization product industry is booming internationally, Whitmor Inc., a fourth-generation family owned company in Southaven, Mississippi, that has led in the industry for decades is getting ahead in the game again with the strategic purchase of a service provider.

SMALL BUSINESS

Memphis Tea Business Infused With Education and Fellowship

One of Memphis’ greatest natural resources is its water, and an Orange Mound cottage industry is infusing it with uniquely Bluff City flavors, while providing neighborhood jobs.

REAL ESTATE & DEVELOPMENT

Demolition Begins at Mall to Make Way for Lake District Development

With so much uncertainty surrounding the Lake District development recently, there was a noticeable sense of relief in the air Wednesday, Oct. 25, developers, curious onlookers and Lakeland officials were on hand to witness the project take its first visible steps forward.

Gibson Confirms Plans for New Memphis Facility

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.

REAL ESTATE RECAP

U of M Files $33.5M Permit for Land Bridge

570 Houston St.  -
The University of Memphis has filed a $33.5 million building permit application with the Office of Construction Code Enforcement to move forward with a parking garage and a long-awaited land bridge over the Southern Avenue railroad track.

EDUCATION

Memphis College of Art Closing Doors

Memphis College of Art, the 81-year-old Overton Park institution, will close by May of 2020 after years of financial struggles.

RESTAURANT NEWS

Serving Up Smiles

Downtown Dining Week celebrates neighborhood’s culinary scene

Having moved Downtown a few years ago, Jeff Zepatos and his wife have familiarized themselves with the neighborhood’s restaurant scene by taking advantage of a crash course of sorts that comes around once a year.

GOVERNMENT

Mayor Stands By Decision On Sewer Connections

Memphis Mayor Jim Strickland says if he had it to do over again, he would probably give more advance notice that the city was ending city sewer connections for developments outside the limits of Memphis.

THE TIPPING POINT

Montgomery Martin Builds an Urban Renaissance

Montgomery Martin has Memphis grit on his feet. He’s spent the afternoon walking through the Tennessee Brewery building, a 125-year-old South Bluff structure being reimagined and renovated with the help of Montgomery Martin Contractors. In other cities, an aging giant like the Brewery might be seen as condemned – too daunting to be granted new life. But Martin says, “We’re not afraid of old buildings – we figure out how to get it done.” And, he adds, “all this is coming together to draw people back into the city.”

FINANCIAL SERVICES

Pinnacle Sees Major Growth in 2017

There’s not usually much in the way of big change reflected in the bank deposit market share report that comes out once a year from the Federal Deposit Insurance Corp. This year for the Memphis metropolitan statistical area, though, there was.

SPORTS

Changing the Dream

Former Tigers Austin Nichols and Trahson Burrell Set to Begin Memphis Hustle Careers

In driveways and on playgrounds all across America, kids limited only by what their imaginations can conjure launch basketballs toward hoops. Hanging in the balance are the fate of fictitious NCAA Tournament title games and NBA Finals Game 7s.

‘Trey’s Company’ Captures Spirit of the Summer of ‘82

For years I’ve sat next to Frank Murtaugh in the press box at University of Memphis football games at the Liberty Bowl. For a long time, there was a lot of head shaking and muttering during those games because, well, it’s actually hard to watch bad football and write about it.

The Good (Youth), Bad (Injuries) & Ugly (12-9 Win at Cleveland)

As the Tennessee Titans head into their bye week, they use this time to self-evaluate the first seven games of the season.

UT Motivation? Bowl Game, Saving Jones’ Job

Butch Jones will be Tennessee’s football coach Saturday night against Kentucky in Lexington.

Germantown High Grad Mickey Callaway New N.Y. Mets Manager

When Germantown High School graduate Mickey Callaway manages his first professional baseball game, it will be from the dugout of the New York Mets.

MEMPHIS NEWSMAKERS

Fogelman Properties Adds Day As Senior VP of Investments

Matthew Day has joined Fogelman Properties as senior vice president of investments. Day comes to the Memphis-based multifamily real estate services company with 15 years of investment experience and will spearhead its investment platform across the Southeast, Southwest and Midwest regions.

VIEW FROM THE HILL

Democrats Hope Bredesen Run Will Reinvigorate Party

Tennessee Democrats are canvassing the state to find candidates at every political level, but their next star is a well-known veteran who has people of all political stripes holding their breath.

LOCAL COLUMNISTS

Health: Our Local - and Global - Concern

The United Nations Foundation’s theme this year is “Global Goals, Local Leaders” as it aims to engage our local elected officials in global health issues, especially health care.

Maximize Your Retirement

Ray’s Take: One day you’ll be able to take a deep breath and say you’ve made it.

Sweetness of a Moment

A slice of time. In the spring, young men’s fancy turns to … well … whatever it turns to looks a lot more like an Ole Miss coed than Coach Collins, a lot more like a beach at Sardis Lake than the lunch counter at White Station High School, and the lemon meringue pie was a lot sweeter than fifth period.

Help Someone Else Fly Solo

Legendary aviator Amelia Earhart once acknowledged, “Mostly, my flying has been solo, but the preparation for it wasn’t.” She was speaking about her husband, and their mutual help and encouragement, their consistent working together toward shared goals. In a real sense, he was the wind beneath her wings. Like Amelia Earhart, when you are the leader, the innovator, the entrepreneur, you often fly solo, but you didn’t get to that place alone.

Will My Job Be Replaced By a Robot?

In the age of computers, the way we do business is changing at a record pace. Some change is good. But, inevitably, some is also quite painful. One concern many professionals have is whether or not their job may be replaced by a robot.

Focus on EQ Vs. IQ with Sales Hires

Hiring sales talent is tricky, as it can be difficult to distinguish between those who are merely strong at interviewing and those who will actually be strong on the job. Why? Salespeople are particularly good at reading people and delivering the desired response. The trick is to peel back the onion during an interview to ensure you’re getting an unfiltered view of each candidate.

Whistleblowing and Retaliation

Karen Silkwood, Marie Ragghianti, Mark Felt, Frank Serpico and Coleen Rowley are just some of the well-known names of employees who “blew the whistle” on their employers’ alleged wrongdoings. Both Tennessee and federal law protect individuals who report or complain about alleged illegal activity by their employer. Since wrongdoers seldom publicize their criminal activity, it is vitally important that our society encourages, protects, and rewards those who come forward to expose such criminal activity.

Three Musts To Ask for A Nonprofit Gift

From October to December nonprofits dedicate time and energy to fundraising. They reach out to supporters and ask them to give. They share their impact – what they have done this year and what they will do next year. They share stories from those whose lives have been changed as a result of donations from people just like you. Many use direct mail, social media, and/or online giving campaigns. Many also encourage their board members, donors, and volunteers to personally talk with potential donors and ask them to make a gift. 

Witnessing Real Change

We host several Innovation Bootcamps each month. After doing this work for years, you expect a predictable pattern at each session. Surprisingly, it’s not in the transformational new thinking about the enterprise and the potential value that is created.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 183 20,949
MORTGAGES 130 174 24,535
FORECLOSURE NOTICES 4 27 8,637
BUILDING PERMITS 163 359 42,696
BANKRUPTCIES 61 116 14,018
BUSINESS LICENSES 24 46 6,447
UTILITY CONNECTIONS 29 85 13,596
MARRIAGE LICENSES 24 47 5,116

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