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VOL. 120 | NO. 249 | Wednesday, December 14, 2005

Consultants Complete PILOT Study

Report suggests overhaul of tax freeze program's image

Major marketing campaigns have been responsible for launching some of the most recognizable themes of Memphis: a booming Downtown, large-scale public arenas and high-profile music festivals.

Transport Business Remains Family Affair

Premier Transportation Services has been transporting Memphians and area visitors in one form or another for nearly 150 years.

St. Jude Researcher Earns National Recognition

Scientific American named Dr. Robert G. Webster, the Rose Marie Thomas chair at St. Jude Children's Research Hospital, as a research leader in the 2005 Scientific American 50 - a list compiled by the magazine that recognizes outstanding acts of leadership in science and technology from the past year.

Local Weather
Currently
Memphis, TN
60.0°F
Overcast
Wind: South at 11.5 mph
Humidity: 67%

EVENTS

The Memphis chapter of the Public Relations Society of America meets from 11:45 a.m. to 1 p.m. today in the ballroom at Holiday Inn-University of Memphis, 3700 Central Ave. Cost is $15 for student members; $25 for non-members. Call 409-0619.

more events »

Working for a Transformed Riverfront

The land bridge concept was but one part of an extensive, transformational plan for the Memphis riverfront that looks out over 50 years and anticipates the growth and future needs of this important area. The land bridge was to be an extension of Downtown across the Wolf River Harbor from about Court Street to roughly Poplar Avenue, depending on the amount of space needed. As one of the fastest-growing downtowns in America, there will come a time when our downtown will need room to grow, and the land bridge was one way to accommodate such growth.

Big Plans, Bigger Dreams

Somewhere between those who saw "transformative potential" for growth and development of the city in a land bridge that was proposed for a spot between Mud Island and Downtown Memphis and others who saw the idea as a "mosquito breeding, pollution generating, trash collecting" stabilized lake, the land bridge concept has died. Like the unfortunate soldier caught in no man's land between opposing armies, the idea ended up with wounds on both sides. Having once been described by the Riverfront Development Corp. as "the single most defining element" in its long-term development plan for Downtown, the concept of a lake between Mud Island and Downtown has drowned in the bureaucracy of a city economically strapped and politically divided. But big dreams often run against the wind, and big dreams often die hard in the face of reality.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 199 999
MORTGAGES 112 243 1,195
FORECLOSURE NOTICES 6 57 152
BUILDING PERMITS 129 448 1,653
BANKRUPTCIES 59 144 635
BUSINESS LICENSES 58 132 298
UTILITY CONNECTIONS 27 55 392
MARRIAGE LICENSES 0 0 82

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