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VOL. 130 | NO. 214 | Tuesday, November 3, 2015

New Owner to Revive Long-Vacant Downtown Block

A group of private investors – led by Memphis businessman Michael Cook – is looking to turn a blighted Downtown block into a mixed-use development with covered parking.

Achievement School District Names New Leader

Malika Anderson, a deputy superintendent of the state-run Achievement School District, is the district's new leader.

Minglewood Plaza Sells for $2.7 Million

The plaza that houses the popular Minglewood Hall, as well as six other businesses including 1884 Lounge and Inked, has sold.

Mayor's Innovation Delivery Team Charts New Course

Now that Memphis has a new mayor-elect, a team that’s worked for years within the mayor’s office and with city hall on innovative solutions to local challenges is thinking about its future.

Artspace Lands Grant, Seeks Design Approval

Developers of the South Main Artspace Lofts are clearing major hurdles this week with final approval for the building design, a crucial tax incentive decision and a grant from a new-to-Memphis donor.

Local Weather
Currently
Memphis, TN
57.0°F
Fair
Wind: Calm mph
Humidity: 72%

EVENTS

Crosstown Arts and The Booksellers at Laurelwood will celebrate the national release of “Memphis Noir” Tuesday, Nov. 3, at 6 p.m. at Crosstown Arts’ Story Booth, 438 N. Cleveland St. The anthology’s editors and several contributors will be in attendance. Visit thebooksellersatlaurelwood.com.

more events »

Memphis Literacy Leaders Tout Efforts

The leaders of three Memphis literacy efforts are working to encourage those with newfound reading skills to write their own stories and build a local literary culture.

Jimmy Carter Swings Habitat for Humanity Hammers in Memphis

Former President Jimmy Carter had planned on being in Nepal Monday, Nov. 2, to build homes for the poor.

Armstrong Ponders Mayoral Transition

When outgoing Memphis Mayor A C Wharton said last week that Memphis Police Department director Toney Armstrong plans to retire at year’s end, what followed was the best representation of the off-kilter relationship between the mayor’s office and police brass.

College Football Notebook: As Usual, LSU And Alabama Control SEC West

So here we are back at a familiar place: LSU vs. Alabama in a game that goes a long way toward determining the SEC West champion. And by extension, in all probability, the SEC champion. (Sorry Florida, but in this corner, we’re not true believers yet.)

Former Senator Fred Thompson Dies

Former U.S. Sen. and one-time presidential contender Fred Thompson was in many ways a reluctant politician. But he was also a lobbyist with an envious arsenal of political skills honed both by his calling as an attorney and by his service as a lawyer during unprecedented political crises.

REAL ESTATE RECAP

Summit Distribution Center Sells for $21.6 Million

5155 U.S. 78, Memphis, TN 38118 -
Hillwood Investment Properties, acting as Summit I Distribution Center LLC, bought a 706,802-square-foot warehouse off of Lamar Avenue for $21.6 million.

GOVERNMENT AGENDA

November 3 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Nov. 3, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

LOCAL COLUMNISTS

Are You Ready For Year-End Fundraising?

We believe a nonprofit’s year-end fundraising should engage current and past supporters as well as new ones. We understand the excitement of designing a new campaign, using new technology, to engage new donors. Go for it! But don’t forget those who already know and support your organization.

STATEWIDE

Tennessee Education Board Seeks Input on Revised Standards

CLARKSVILLE, Tenn. (AP) — The Tennessee State Board of Education is seeking feedback on newly revised K-12 math and English language arts standards.

Justin Timberlake to Perform on CMA Awards

NASHVILLE, Tenn. (AP) — Justin Timberlake will perform with country singer Chris Stapleton on the Country Music Association Awards.

The Tennessean Names New Executive Editor

NASHVILLE, Tenn. (AP) — The Tennessean has named a new vice president of news and executive editor.

NATIONAL BUSINESS

US Factories Grow at Slowest Pace in 2½ Years; Hiring Falls

WASHINGTON (AP) — U.S. factory activity grew last month at its slowest pace since May 2013 as manufacturers pared their stockpiles and cut jobs.

Visa to Buy Visa Europe in Deal That Could Exceed $23B

NEW YORK (AP) — Payment processing giant Visa announced plans Monday to buy its sister company, Visa Europe, in a deal that could be worth more than $23 billion and would consolidate all of Visa's operations worldwide.

EPA says Volkswagen Cheated a 2nd Time on Pollution Tests

WASHINGTON (AP) — The U.S. government says Volkswagen cheated a second time on emissions tests, programming about 10,000 cars with larger diesel engines to emit fewer pollutants during testing than in real-world driving.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 122 17,665
MORTGAGES 82 150 20,576
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 151 334 36,150
BANKRUPTCIES 54 92 11,774
BUSINESS LICENSES 31 59 5,619
UTILITY CONNECTIONS 28 120 12,154
MARRIAGE LICENSES 24 49 4,406

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