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VOL. 129 | NO. 244 | Tuesday, December 16, 2014

Ikea Memphis Will Seek PILOT Incentives

The new Ikea Memphis store to open in the fall of 2016 will seek tax incentives from the board of the Economic Development Growth Engine, according to Memphis Mayor A C Wharton Jr.

Recipe for Success

Ticer, Hudman continue their vision at Brookhaven Circle

Michael Hudman is overseeing some last-minute preparations at Porcellino’s, walking through the space that will not only be home to a butcher shop but also represents fresh progress toward the master plan that chefs Hudman and Andy Ticer came up with years ago for their piece of Brookhaven Circle.

City Council to Consider Pension Alternative

Memphis City Council members again have final votes pending Tuesday, Dec. 16, on several possible sets of changes to the city’s pension plan.

Tanger Outlets Involved in Southaven Project

A major player in the development of outlet malls has jumped on board the long-planned effort to build a massive outlet mall in Southaven.

Target, Cummins Seek 15-Year Tax Breaks

Memphis and Shelby County are offering generous tax incentives to attract and retain hundreds of jobs.

Local Weather
Currently
Memphis, TN
66.0°F
A Few Clouds
Wind: East at 3.5 mph
Humidity: 45%

EVENTS

Madonna Learning Center will present its 2014 Christmas play, “Home for the Holidays,” Tuesday, Dec. 16, at 10 a.m. and 7 p.m. and Wednesday, Dec. 17, at 7 p.m. at the Germantown Performing Arts Center Duncan-Williams Performance Hall, 1801 Exeter Road. Tickets are $5. Visit gpacweb.com.

more events »

Liberty Bowl Promises Lots of Offense

The Dec. 29 AutoZone Liberty Bowl matches a pair of offenses that play at two speeds: fast and blurry.

Collins, Harris Discuss Tax Incentive Concerns

Memphis City Council members Harold Collins and Lee Harris agree for the most part on the value of the Graceland expansion plan the council approved two weeks ago.

Achievement School District Transition Details Emerge

Shelby County Schools superintendent Dorsey Hopson and Achievement Schools District superintendent Chris Barbic will meet Thursday, Dec. 18, to talk about the coming transition of five schools out of the county district and into the state-run ASD.

Delta Cutting Routes to Three More Cities

Delta Airlines is slashing more routes at Memphis International Airport, including its nonstop flights to Chicago O’Hare International Airport.

Ikea to Open First Tennessee Store in Memphis

Swedish furniture retailer Ikea will open its first Tennessee store in Memphis next year, according to several people familiar with the effort and confirmed by Ikea representatives Monday.

GOVERNMENT AGENDA

December 16 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Dec. 16, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Elvis Presley Enterprises Applies for Hotel Building Permit

3066 Elvis Presley Blvd., Memphis, TN 38116, Permit Amount: $57 million -
Elvis Presley Enterprises has applied for a $57 million building permit for its planned 450-room hotel near Graceland.

LOCAL COLUMNISTS

Social Change and Nonprofits

Ferguson, Mo., and Staten Island, N.Y. Cleveland, Ohio. Michael Brown. Eric Garner. Tamir Rice. These cities and the deaths of these African-American males – men and boys – are in the headlines. So are people’s responses.

Southwest Could Offer International Hope

It’s hard enough getting a direct flight to a domestic destination out of Memphis International Airport these days. And if looking at an international city, just getting a convenient connecting flight can be a headache.

STATE GOVERNMENT

Haslam Reaches Agreement to Expand Medicaid in Tennessee

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam announced Monday that he has reached a deal to expand Medicaid in Tennessee after more than a year of discussions with federal officials.

NATIONAL BUSINESS

UAW Head: Companies Can Raise Pay, Be Competitive

DETROIT (AP) – United Auto Workers President Dennis Williams says he's not buying the Detroit Three automakers' argument against wage increases for longtime workers.

Google Researching Use of Color in Business

NEW ORLEANS (AP) – Google is one of the major U.S. corporations researching the power of color in the working world, in everything from workspaces to marketing and branding.

Clinton, Bloomberg: Data Will Help Women's Issues

NEW YORK (AP) – Former Secretary of State Hillary Rodham Clinton and former New York City Mayor Michael Bloomberg teamed up Monday to highlight the power of information in helping women worldwide and to promote a joint effort to gather more data on their health, workplace roles, childbirth and other facets of their lives.

NATIONAL GOVERNMENT

Fed Likely to Note Gains But Signal No Rate Hike

WASHINGTON (AP) – A resurgent U.S. economy has emerged from a long struggle with high unemployment and weak growth. And the Federal Reserve seems poised to recognize the sustained improvement.

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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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