VOL. TMN-9 | NO. 11 | Saturday, March 12, 2016
Drones finding more uses, FAA trying to balance growth with safety
The modern-day drone is both a high-tech military tool and a safer way to play humanitarian and deliver medicine and supplies to the suffering people of war-torn Syria.
The smaller the drone, the higher the sound of its electric whine. If it is high enough you might not hear it at all. Drones represent many possibilities: weapons carrier, pizza delivery system a new wave of photography with a previously unattainable perspective for amateur photographers.
MEMPHIS, Tenn. (AP) – Lance Stephenson scored a career-high 33 points, Matt Barnes recorded a triple-double with 26 points, 11 rebounds and 10 assists, and the Memphis Grizzlies defeated the New Orleans Pelicans 121-114 in overtime Friday night.
The realty group that proposed a short-lived Hotel Overton for Overton Square in 2015 has offered the city of Memphis $1.1 million for the old Central Police Station building at 128 Adams Avenue.
Shelby County’s unemployment rate in January was down a full 2 percentage points from a year ago at 5.5 percent, according to the latest data from the Tennessee Department of Labor and Workforce Development.
Ulta Beauty will be a neighbor of Nordstrom Rack in the upcoming Poplar Commons shopping center, set to open in the fall of 2017.
Terry Hollahan, a veteran journalist with nearly 30 years in the newspaper industry, has joined The Daily News and The Memphis News as managing editor.
“I died in Paris,” said John Kilzer, who spoke from the pulpit of Calvary Episcopal Church as part of the church’s annual Lenten Preaching Series.
With multimillion-dollar investments growing up around it in the Crosstown and Uptown neighborhoods, the Klondike/Smokey City Community Development Corp. is working with the University of Memphis on a grassroots action plan to stave off gentrification.
THE MEMPHIS NEWS ALMANAC
2015: Formal groundbreaking for the Tanger Outlets development at I-55 and Church Road in Southaven, with an ambitious opening date of Nov. 19 for the start of the 2015 holiday shopping season.
If you’re on or around Madison Avenue later this month with at least $20 to spend, there will be specials and deals aplenty as part of a new event to boost business to the street.
In less than four months, Memphians will be able to purchase wine in grocery stores.
REAL ESTATE & DEVELOPMENT
It’s the place where about 16,000 employees go to work every day and where 8,000 students are taking courses at some of the city’s premier educational institutions.
Development momentum in the Memphis Medical Center has attracted an out-of-town investor looking to jump on the area’s revival.
As construction crews working on the 450-room Guest House at Graceland resort hotel marked the topping out of that Whitehaven project this week, work is about to begin on the other side of Elvis Presley Boulevard on the Graceland West project.
February home sales in Shelby County rose 18 percent over February 2015 while the average sales price fell 6 percent to $135,216.
Bankers and real estate professionals were insisting as 2016 got under way that a hot mortgage market was in the cards, and the just-in numbers for February appear to add some weight to that belief.
REAL ESTATE RECAP
1525 Three Place, 3365-3378 One Place, Memphis, TN 38116 -
A local investor has purchased four industrial buildings near Memphis International Airport. Gregory Realty bought 1525 Three Place and 3365-3378 One Place, totaling 85,631 square feet, from One Place Associates for $1.2 million.
THE TIPPING POINT
Brandye Lee is Memphis dance royalty. And like any true queen, she’s impossible to please.
ARTS & ENTERTAINMENT
Playhouse on the Square in a few weeks will host a gathering of creatives and young Memphis professionals who share a love of the arts in Memphis.
Allegiant has announced new summer service from Memphis International Airport to two sun-drenched locations.
Some big changes are in the works at Memphis International Airport to modernize and improve the passenger experience, with a slew of new amenities planned.
There’s more than one way to get a meal to a homebound senior: by car, by bicycle, or even on foot.
Anne Dixon has joined BRIDGES as vice president of finance and chief financial officer. Dixon, who is a Bridge Builders alumna, is responsible in her new role for financial reporting and analysis to help BRIDGES leadership in performing their responsibilities.
SMALL BUSINESS SPOTLIGHT
When it comes to computers, Luster Williams is an old pro. He started in computers 42 years ago while in the U.S. Air Force. He spent six years as a trouble shooter for NATO and another three years tracking satellites for NASA.
GOVERNMENT & POLITICS
Memphis Mayor Jim Strickland says court-ordered zones that forbid alleged gang members from gathering or associating in public within the zone are working as a crime-fighting tactic.
The presidential contenders have moved on to other states and closed up their Memphis storefronts.
Memphis Mayor Jim Strickland is downplaying but not ruling out a move toward local government consolidation as a response to a deannexation proposal in the Tennessee legislature.
There probably won’t be a special election for Shelby County mayor if current mayor Mark Luttrell gets elected to Congress later this year.
The state of Tennessee did $400 million in business with minority- and women-owned businesses in 2015. It’s a share local minority business and civic leaders judge as a good number, considering the state spends $2.5 billion in contracts a year.
Shelby County commissioners voted down a referendum ordinance Monday, March 7, to eliminate term limits in county government.
For more than two decades it’s been a ritual of the Memphis City Council. A developer proposes a new motel or there is an ownership change at an existing motel. Either way the proposal makes its way to the council because the city requires a special use permit.
It was, of course, the closing of Peyton Manning’s recent retirement speech that provided the sound bite and made the headlines.
Starting point guard Mike Conley remains out with a sore foot. His backup, Mario Chalmers, may have ruptured his Achilles. Chalmers left the locker room in Boston on Wednesday night, March 9, in a wheelchair. In context, perhaps so did the rest of the Grizzlies’ season.
Democratic state Rep. Mike Stewart lives on the front lines of the Tennessee General Assembly. As chairman of the House Democratic Caucus with 26 members, Stewart could employ a bunker mentality, but instead has chosen to take the fight to the other side of the aisle.
Anthony Joshua, who moved to Nashville from Madison, Wis., to attend Tennessee State University, says he’s worried his historically black institution could be in for serious change – for the worse.
WE NEED THE SHARPEST PENCILS IN THE DRAWER. I don’t do my own taxes. In fact, my taxes send TurboTax into default mode, crash laptops and fry transformers. H&R Block blocks my phone number.
I grew up in Memphis, but like so many young people, moved away for college and lived in a few other cities before returning in 2012. I always missed my hometown and when I had the opportunity to choose where I wanted to build my career, Memphis was the only choice in my heart.
Ray’s Take You know yourself better than anyone else. You know what motivates you. You know what frightens you. But it is probably something very different for your friends.
There is a place where the struggles of Memphis in overcoming crime, blight, poverty, hunger and a myriad of societal ills meets those who are driven by a purpose in life that goes beyond oneself, a need to do the right thing, and who use their talents, skills and wisdom to change Memphis for the better.
“I’m uphauled!” read the note. “Anyone with a social conscious would be ashamed. People are always ready to blame things on an escape goat, but for all intensive purposes, it’s a doggy-dog world out there. The underline meaning is clear, but don’t take a fence; this is just my too cents worth. Anyway it’s a mute point.”
With the unusual job market we’ve been experiencing for years now, keeping an exit strategy in mind is a must. Do you have yours nailed down? If your exit strategy is dependent on hope and crossed fingers, it’s time to rethink things.
Public relations is a great way for a small business to raise awareness. But when business owners put together marketing plans, they usually think advertising, not public relations.
Editor’s note: Part four in a four-part series. “After you have a solid business plan and actual market feedback on your product concepts, including revenue,” I continued, “you’ll want to think about raising capital.”
Discussions of branding can quickly turn to logos, colors or your online presence. Are those your brand, or are they expressions of your brand?