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VOL. 132 | NO. 71 | Monday, April 10, 2017

Chase Carlisle Leaving One Beale Development Firm

Chase Carlisle is leaving his role as director of real estate and development for Carlisle Corp., the Memphis-based firm behind the Hotel Chisca redevelopment and proposed One Beale project.

The Week Ahead: April 11-17

Happy Monday, Memphis! For those so inclined, get out your John Calipari hate towels because he will be featured in an ESPN 30 for 30 documentary this week. It’s also time for some Memphians to vote again and the Grizzlies wrap up the regular season on the way to a first-round playoff series against the San Antonio Spurs, a rival that will not be getting a key to the city.  

Memphis Open Tennis Tournament Reportedly Leaving for New York

The headline at memphisopen.com is now ominous: “2017 Memphis Open Concludes” originally meant that this year’s tournament was done, that Ryan Harrison had won the title in February at The Racquet Club. But on Friday, April 7, news broke that the tournament was leaving for Long Island, N.Y.

Memphis Industrial Market Continues Positive Trend in 2017

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

“Gateway’ Puzzle Begins To Come Together

Starting last summer, a new ownership group for the city’s largest hotel by room count was undertaking its due diligence largely out of the public eye.

Local Weather
Currently
Memphis, TN
60.0°F
A Few Clouds
Wind: South at 12.7 mph
Humidity: 56%

EVENTS

A strategic management seminar presented by Fisher Phillips, Judy Bell Consulting and HR Professionals magazine will be held Tuesday, April 11, from 7:30 a.m. to 5 p.m. at the Crescent Club, 6075 Poplar Ave., Suite 909. Supervisors, managers and HR professionals will learn about how to prevent sexual harassment lawsuits, hire A-players, handle LGBT issues, be an effective leader, and more. Visit hrprofessionalsmagazine.com to register.

more events »

IMPROVE Act Proponents Stand Firm as Alternative Bills Are Devised

Senate Majority Leader Mark Norris gets revved up when he talks about the IMPROVE Act as a tax-cutting and bridge-safety measure. It’s a message he’s been sending for weeks, yet other lawmakers aren’t catching on.

Last Word: Restless Off Season, Memphis Open Closes and Single-Family Rentals

This is proving to be a restless off-season for Tigers basketball and it is not even summer yet. Add freshman guard Keon Clergeot to the Tigers players exiting the program with word still to come from Markel Crawford. Meanwhile, the Tigers have signed their second junior college recruit – Kyvon Davenport -- at forward.

Task Force Backs 3 De-Annexations, 3 Referendums

A task force on de-annexation is recommending referendums in three recently annexed areas of Memphis, an automatic de-annexation of three other sparsely populated areas on the city’s borders and keeping a part of Raleigh proposed by Memphis Mayor Jim Strickland for de-annexation.

PRIZM Music Camp and Festival Expands

Memphis’ PRIZM music camp and international chamber music festival is adding a new location as well as an extra week of programming.

Rental Homes Encroaching on Housing Market

Based on an analysis of all home sales recorded in Memphis and Shelby County last year, 25 percent of purchases were made by investors. Of these sales, 42 percent were purchased by out-of-town owners, where the tax bill is mailed to an address outside of Shelby County.

LAST WEEK'S MOST POPULAR

DCA Founder Buys Historic Nabisco Building Downtown

Doug Carpenter, founder and principal of the creative communications consulting firm DCA, has bought a historic Downtown building he will convert into his company’s new office.

Wiseacre Tables Plans to Build Brewery in Coliseum

Wiseacre Brewing Co.'s plans to expand into the Mid-South Coliseum are off but could re-emerge somewhere down the road as the city administration renews discussions about a fuller renovation of the Mid-South Fairgrounds.

Last Word: Mike Rose, Bartlett High Options and Memphis-Nashville Talk

Mike Rose transformed Memphis-made Holiday Inn from a single brand to multiple brands and a corporation that transformed the hospitality industry as casino gaming spread beyond Las Vegas and Atlantic City in the 1990s. During his time at the helm of Holiday Inns and Promus Companies, Rose was also one of the city's most influential corporate leaders with the money and ability to raise money and set terms that made possible the transformation of St. Jude into a research institution and pointed the University of Memphis in that direction as well. Rose died Sunday in Nashville of cancer.

2 Midtown Restaurants Seek to Incorporate Shipping Containers

The Broad Avenue Arts District has long been innovative when it comes to the creative reuse of formerly blighted properties, and its newest addition seeks to continue this trend.

Dedric and K.J. Lawson Seeking to Transfer from U of M

Brothers Dedric and K.J. Lawson on Wednesday announced their intention to transfer from the University of Memphis basketball program.

NATIONAL GOVERNMENT

Senate Confirms Trump Pick Neil Gorsuch to Supreme Court

WASHINGTON (AP) — The Senate confirmed Neil Gorsuch to become the newest associate justice on the Supreme Court Friday, elevating Donald Trump's nominee following a corrosive partisan confrontation that could have lasting impacts for the Senate and the court.

US Probes Freightliner Trucks for Windshield Wiper Failures

DETROIT (AP) — U.S. safety regulators are investigating why windshield wipers can fail on almost 194,000 Freightliner big trucks.

LAW & THE COURTS

Celebrity Chef, Trump Organization Settle Lawsuit

WASHINGTON (AP) — Celebrity chef Jose Andres has settled his dispute with The Trump Organization after backing out of a plan to open a restaurant in Washington's Trump hotel.

ECONOMY

Pace of US Hiring Tumbles, Yet Jobless Rate Hits 10-year Low

WASHINGTON (AP) — The U.S. jobs report for March report delivered a mixed message Friday as hiring fell to its slowest pace in nearly a year. Yet at the same time, the unemployment rate fell to its lowest level in nearly a decade.

REGIONAL NEWS

Titans Fire Concessionaire Aramark Over Food, Service Issues

NASHVILLE, Tenn. (AP) — The Tennessee Titans have fired concessionaire Aramark three years into a 10-year deal over complaints about food quality and long lines.

Arkansas Governor Vetoes Mass Picketing Bill

LITTLE ROCK, Ark. (AP) — Gov. Asa Hutchinson has vetoed a bill that would have criminalized mass picketing in Arkansas.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 0 8,303 8,303
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 0 117 12,966
MARRIAGE LICENSES 15 65 4,842

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