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VOL. 131 | NO. 26 | Friday, February 5, 2016

Cates Wants Detail on Downtown Agreements

From Mud Island River Park across the Memphis harbor to The Pyramid and further east to St. Jude Children’s Research Hospital – there are a lot of connections as the areas head toward a new incarnation.

Midtown Memphis Ready for Apartment Building Boom

It’s been more than a decade since new apartments were built in Midtown, and that’s poised to change in a big way with a wave of new multifamily construction stretching from Binghampton to Crosstown.

Councilman Boyd Calls For PILOT Moratorium

Memphis City Council member Berlin Boyd is calling for a three-month moratorium on any new tax breaks through the Economic Development Growth Engine to come up with a local business participation program.

FedEx Targets $200M in Giving By Decade’s End

Memphis-based FedEx has decided to approach its corporate giving in a new way, one focused on figuring out how to use its assets to make the biggest possible impact in communities.

Last Word: EW&F, Midtown Rent Rise and A Closer Look At The Pyramid Deal

One seemingly ordinary winter’s night in Downtown Memphis, I was going from event to event focused on work – specifically trying to stay on a schedule in which several things I wanted to cover were happening at the same time.

Local Weather
Currently
Memphis, TN
50.0°F
Fair
Wind: North at 12.7 mph
Humidity: 36%

EVENTS

Memphis Botanic Garden will hold the Green Your Home Winter Plant Sale on Friday and Saturday, Feb. 5-6, from 9 a.m. to 5 p.m. at MBG, 750 Cherry Road. Garden staff and master gardeners will assist with plant care tips and purchases. Admission is free. Visit memphisbotanicgarden.com.

more events »

EDGE Grants Development Loans to 4 Inner-City Businesses

Memphis’ inner-city neighborhoods garnered $79,000 in business development loans at the Feb. 3 meeting of the Memphis-Shelby County Economic Development Growth Engine’s finance committee.

SPORTS

Mike Norvell Era Starts with Optimism And a Raise-the-Bar Recruiting Class

In a few minutes, first-year coach Mike Norvell would be standing behind a lectern providing assembled media a summary of his first recruiting class at the University of Memphis.

Ariel Hearn Goes Where No Tiger Has Gone Before

Keith Lee owns the University of Memphis records for career points and rebounds. Yet he didn’t do this.

LOCAL COLUMNISTS

A Bit More Super

CARE ABOUT THE GAME. I’m a homer. I can’t watch a sporting event for the beauty of the game, the spirit of the competition, the skill displayed on both sides. I want somebody’s butt kicked and for good reason.

Financial Steps for Executors

Ray’s Take The death of a spouse is high on the list of the most stressful events in life. But, as bad as the emotional trauma can be, the financial fallout can be equally traumatic – and can last much longer. Most spouses name each other as their executor, which makes sense. But the job is not an easy one, and few are fully prepared for the responsibility.

Letter to the Editor: Memphis Zoo Is in Favor of Parking Solution at Overton Park

In his column last week, “History Lesson,” Dan Conaway made an absurd comparison related to the Memphis Zoo’s current parking challenges and the fight to prevent I-40 from cutting through Overton Park in the 1970s.

STATE GOVERNMENT

Tennessee Lawmakers Approve 'Atomic Bomb of Politics'

NASHVILLE, Tenn. (AP) — Tennessee lawmakers on Thursday joined four other states in calling for a national convention on amending the U.S. Constitution to bring about limits to federal power — what one supporter touted as the "atomic bomb of politics."

Bill Seeks Private Transportation Partnerships in Tennessee

NASHVILLE, Tenn. (AP) — A bipartisan legislative proposal would clear the way for public-private partnerships on transportation projects in Tennessee.

STATEWIDE

Nonprofit: Water Quality Enforcement Orders Down 93 Pct.

NASHVILLE, Tenn. (AP) — The Tennessee Clean Water Network has released a report showing the state issued 93 percent fewer enforcement orders against water polluters in 2015 than it did in 2007.

Lawsuit by Soldier's Widow Tests Tennessee's Malpractice Law

KNOXVILLE, Tenn. (AP) — A federal court case brought by a military widow whose husband committed suicide is testing Tennessee's medical malpractice statute after a judge said the state's laws led to "seemingly unfair results" for the soldier's family.

US ECONOMY

Orders to US Factories Fell Sharply in December

WASHINGTON (AP) — Orders to U.S. factories fell sharply in December, closing out a year in which demand for American manufactured goods retreated for the first time in six years.

Applications for US Jobless Aid Rise, but Levels Still Low

WASHINGTON (AP) — More Americans sought unemployment benefits last week, but applications stayed near historically low levels in a positive sign for the job market.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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