VOL. TMN-8 | NO. 7 | Saturday, February 7, 2015
Playing with an ‘edge,’ Memphis Grizzlies just might be a legit NBA title contender
The Grizzlies had just defeated the rival Oklahoma City Thunder before a loud sellout crowd in The Grindhouse and Jerry “The King” Lawler had defended his Memphis championship wrestling belt, albeit with an assist from the Grizzlies’ crack game operations staff.
We are too easy. Say the words “Cheesecake Factory” and we act like we’ve won the lottery.
EMPHASIS Financial Services
Iberiabank reworks its branch layout in new Memphis location
Go from one bank to the next, and the offerings aren’t always that different: banks not only generally present similar products to customers, but rates – being as low as they are –aren’t always all that dissimilar, either.
Matthew Patrick is a CPA and managing member of Patrick Accounting and Tax Services PLLC, the firm he founded in 2003, but to get a better sense of what he does from day to day, he reaches for analogy to describe his work.
Brean Capital LLC arrived in Memphis a few months ago and sees 2015 as a year of forward momentum for the company, with a planned move to a new office as well as interest in adding to the firm’s local ranks.
A version of the popular Tennessee Brewery “Untapped” event appears set to return to the Downtown landmark this spring.
THE MEMPHIS NEWS ALMANAC
1972: HUD Secretary George Romney visited Memphis for the dedication of Barry Homes, an Memphis Housing Authority high-rise at Lauderdale and Exchange built of precast concrete for $2.7 million. The tower is named for Edward Barry, chairman emeritus of the housing authority.
The owner of the Wolfchase Galleria appears to be preparing for the arrival of a Cheesecake Factory restaurant.
The new owner of The Horizon condominium tower on Riverside Drive Downtown is moving forward with renovating the tower.
Teen lab space at the Central Library gets a name, tentative opening date
Young visitors to the Benjamin L. Hooks Central Library will soon find themselves on cloud nine.
Open a trail or bike lane in the Memphis area and one of the first questions will be about how it links up to other trails or greenlines or bike lanes.
An anonymous ethics complaint against Shelby County Assessor Cheyenne Johnson in January included lots of documents and lots of allegations.
When Loeb Properties Inc. acquired the warehouse at 2542 Broad Ave. in 1995, Aaron Petree, the company’s current vice president of brokerage, was just starting high school.
Memphis Mayor A C Wharton Jr. is willing to explore a renovation of the Mid-South Coliseum, but he doesn’t want to delay getting state approval for a Tourism Development Zone to finance an amateur sports tournament complex at the Mid-South Fairgrounds.
The momentum that killed the Insure Tennessee proposal and ended the special session of the Tennessee legislature Wednesday, Feb. 4, was fueled by ideological opposition to the Affordable Care Act and President Barack Obama.
A social media analysis via Forbes found that McDonald’s Super Bowl ad was the most-liked spot during the big game.
The resurrected One Beale project at Riverside Drive and Beale Street has returned to a two-tower plan that will include 280 apartments, 40,000 square feet of retail and meeting space, 20,000 square feet of office space and a 300-room hotel.
Close isn’t enough when it comes to winning elections. But it works when it comes to financing the campaigns leading to the elections.
Two hours before the state Senate committee vote in Nashville that signaled the death of Gov. Bill Haslam’s Medicaid expansion proposal, Shelby County Mayor Mark Luttrell said failure to pass the expansion could mean a county property tax hike to fund Shelby County’s public safety net hospital.
Memphis-based Loeb Properties will help revitalize another core city neighborhood. Fresh off redeveloping Overton Square and currently involved in the Highland Strip, Loeb has set its sights on Broad Avenue.
Think there was only one big game on Super Bowl Sunday? A typical NFL game has only 11 minutes of actual “game action” compared to 63 minutes of commercials, according to The Wall Street Journal. With 30 seconds of commercial airtime going for $4.5 million this year, it is clear that Super Bowl advertising is serious business, making for an equally interesting off-the-field game unfolding when the clock stops.
The latest Memphis Economic Indicator, a quarterly survey measuring general business sentiment, presented something of an upbeat trend in sentiment to kick off 2015.
For a third consecutive session, Memphis City Council members are scheduled to vote Tuesday, Feb. 3, on establishing a Beale Street Tourism Development Authority.
The city’s food truck scene has exploded over the past year or so, and new entrants have steadily continued to join the mix.
Nobody running for election on the Oct. 8 ballot can even pull a qualifying petition to get on the ballot until April, yet February is shaping up as the month when it is determined what kind of challenge and how many challengers incumbent Mayor A C Wharton Jr. will face.
The Shelby County Clerk’s Office was busier in 2014, with 5,847 business licenses issued – a 9.1 percent increase from 2013 when there were 5,361 licenses issued.
The Shelby County Clerk’s Office issued 1,083 business licenses in the fourth quarter of 2014, according to The Daily News Online, www.memphisdailynews.com.
Memphis Mayor A C Wharton Jr. will probably continue to include the comeback of Overton Square in an election year roll call of economic development accomplishments even after being called out for his opposition to the city-funded Overton Square parking garage.
Reflecting a national trend, Shelby County recorded a 7 percent drop in bankruptcies in 2014 compared to the previous year.
Bankruptcies in Shelby County dropped below the 3,000 mark in the last quarter of 2014 after being just above it in the third quarter.
Foreclosures took an even sharper dive in 2014 than they did in 2013. Compared to a 15 percent slide from 2012 to 2013, over the past year residential foreclosures in the county slipped 22 percent, from 3,555 in 2013 to 2,787 in 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.
Rebranded tennis tournament aims to serve up good time
First-year Memphis Open tennis director Erin Mazurek no doubt could tell you more than you ever wanted to know about the Detroit Red Wings.
Foreclosures and foreclosure notices were both down in 2014, but their percentage declines were smaller in the fourth quarter than for the full year.
Shelby County homebuilding activity slowed in 2014 as builders filed fewer permits and sold fewer homes than in 2013.
Shelby County recorded a 12.5 percent drop in new home permits during the fourth quarter, compared to the same three-month period in 2013.
New home construction in Shelby County, as tracked by permits, was flat in December when compared to December 2013, but new home sales increased.
The mortgage market in Shelby County ended 2014 in a slighter better position than where it stood in 2013.
All things considered, the fourth quarter of 2014 was a better month for the mortgage market than the final quarter of 2013.
It has become a nightly ritual at University of Memphis home games. When a member of the stats crew walks down press row holding a sheet of paper displaying the “announced attendance,” members of the Fourth Estate roll their eyes and shake their heads.
Recruiting is selling. Yeah, sometimes it’s buying, too, but that’s another, more cynical, column for another day.
Now owned by their parent St. Louis Cardinals, the Memphis Redbirds will look the part in 2015 with a new primary logo that more closely resembles the “birds on the bat” logo worn by the major-league club.
Even now if a University of Memphis fan goes to www.gotigersgo.com and the schedule page for the men’s basketball team, the first thing the fan sees is the 74-70 overtime loss to Division 2 Christian Brothers University.
Before Super Bowl 49, all the talk was about New England Patriots coach Bill Belichick and quarterback Tom Brady and what they did or didn’t know in regards to “Deflategate.”
Grizzlies forward Zach Randolph has been selected as the Western Conference Player of the Week for games played from Monday, Jan. 26, through Sunday, Feb. 1. His week included a 21-point, 18-rebound effort in a Jan. 31 home win over the rival Oklahoma City Thunder.
KNOXVILLE – National signing day is in the books, and Tennessee football coach Butch Jones and his staff can relax and savor another top-tier recruiting class.
Paul B. Berryhill has been promoted to tax partner at Reynolds, Bone & Griesbeck PLC. In his new role at the certified public accounting and advisory firm, his primary responsibilities are developing and managing client relationships, developing and training staff members, being a technical tax resource for the firm and assisting in the management of the firm.
REAL ESTATE RECAP
6093 N Patriot Lake Blvd., 415 E. Patriot Lake Blvd., Memphis, TN 38118, Permit Amount: $7.2 million -
The Shelby Farms Park Conservancy has applied for two building permits totaling $7.2 million for the creation of a visitors center and restaurant and retreat center.
In an age of online printing and paperless workplaces when commercial printers are struggling and transforming their businesses, you would think a company that makes rubber stamps would have a tough way to go.
YOU GOTTA LOVE ‘EM. When some fall in love, falling headlong and defenseless, even despite subsequent events and the weight of time and change, never mind the disappointment and the heartbreak – never mind life – the love remains because that fall and the feel of it last a lifetime.
It goes without saying. Applying online can be a long, difficult process. You’re often left wondering if anyone has read your resume, or if they even know you exist at all.
Ray’s Take There are two main ways to increase funds for retirement purposes. Save more of what you currently earn (by spending less) or earn more than you currently do. It’s all about having funds available to invest for your future.
“[I]f you’re not living on the edge, you’re probably taking up too much room.” This lyric, from a 1998 folk song bearing David Roth’s byline, appears earlier in H. Jackson Brown Jr.’s 1993 book, “Live and Learn and Pass It On.”
When approaching economic development in Memphis, it’s important to consider the impact that high-growth entrepreneurial companies have made locally and nationwide.
Building the customer base of a small business is not the same challenge it was 10 years ago. As digital content grows and it becomes more affordable to access, business owners are competing with more voices to be heard by potential customers.
It stands to reason that there is one group of vulnerable Tennesseans we all must band together to protect: our family, friends and neighbors with intellectual and developmental disabilities.
As a nurse serving Tennesseans for over 32 years, I know intimately what sickness looks like, and what it takes to build a healthy life. One of the most important things to ensuring the health and wholeness of our communities is access to affordable health insurance.
We were recently caught off guard when Dr. Todd Robinson, a reader of FUNdraising Good Times, shared with us that he raises over $75,000 using information from this column.
Human resource departments are oftentimes consumed with managing multiple benefit programs, unable to dedicate the time necessary to developing a truly strategic benefits package that attracts a strong workforce.
The American Master of Music, Duke Ellington, also stands as an ideal role model of leadership for the emerging business and nonprofit world. As the global workplace moves toward open workspaces and sees the value of multidimensional team filled with hard-to-traditionally-manage creative professionals, a look into Ellington’s leadership style can inspire outstanding results.
Tom Brokaw called Mary Margret Foley one of the greatest. No, not by name, but as one of that critical mass of individuals in this country born between 1900 and 1925 whom he dubbed “The Greatest Generation” in his book by the same name.
Can landmark restaurants survive Nashville's ‘foodie’ revolution?
A few years ago, Tandy Wilson, chef and owner of City House, offered this tip about earning his respect as a diner: Don’t tell me you’re a foodie, he said, tell me you’re a “regular.”
When a restaurant’s been around for a decade or eight, that’s usually a pretty good indication that the food is palatable. We’ve rounded up some of the best dishes to try at Nashville’s longest standing dining establishments, and, of course, it’s impossible to pick just one thing. Feel free to recommend your own favorites in the online comments.
Romance means something different for everyone, but most people can agree that if there is low lighting, soft music, a charming companion and something delicious to eat, you’ve already got the makings of one outstanding evening.
For the past two years, developers, property owners and Realtors alike have been treated to what some call the best real estate market in the country. Sellers are realizing astronomical returns on their investments as they shed properties that they have been strapped with for years.
Burchett shares his less-is-more approach to governing Knox County
Knox County Mayor Tim Burchett is an enigma of the modern civil servant, a career politician who doesn’t seem to take himself too seriously. He thinks he’s paid too much (his salary is state mandated) and brings it up often in interviews with the media.
Homegrown Knox County Mayor Tim Burchett espouses the values of many East Tennessee residents: strong family connections, honoring military service and remembering where he comes from.