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VOL. TMN-8 | NO. 16 | Saturday, April 11, 2015
Weekly Issue

Wharton's Way

Mayoral contenders Strickland, Collins challenge current leadership

City elections in Memphis begin unadorned.

Editorial: Memphis Elections About More Than Candidates

When A C Wharton Jr. was elected Memphis mayor in 2009 from a record-setting field of 25 candidates, it was – among other things – a reaction to 17 years of Willie Herenton.


This week in Memphis history: April 10-16

2010: Memphis Mayor A C Wharton Jr. tells City Council members that Bass Pro Shops at The Pyramid will open in November 2011. He also circulates a draft lease agreement between the city and the outdoors retailer, with more discussions to come on a possible redevelopment of the adjoining Pinch district. The city’s plan is to sign a deal with Bass Pro within a month, with work starting immediately.

First Horizon Reaches $212.5 Million Mortgage Settlement with Feds

First Tennessee Bank has reached a deal with the U.S. Department of Justice and the U.S. Department of Housing and Urban Development over claims related to the bank’s underwriting and origination of certain FHA-insured mortgage loans.

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Open Season

Mud Island River Park Ready for Busy 2015

Mud Island River Park opens for its 34th year Saturday, April 11, with high hopes for the effect a reopened Pyramid will have on its attendance and still moving plans for a tie in to the busier riverfront.

Shelby County Mortgage Market Grows 23 Percent in March

The last month of the first quarter showcased a Shelby County mortgage market with abundant vitality, including evidence that plenty of demand exists among buyers eager to sign on the dotted line.

Workforce Group Elects Downtown for Office

The Greater Memphis Alliance for a Competitive Workforce has found a headquarters location Downtown, leasing 2,967 square feet at the One Commerce Square office tower.

Sammons Gets Good Look at Mayor-Council Relationship

There was a moment Tuesday, April 7, at City Hall when outgoing chief administrative officer George Little paused in the middle of his grilling by the council to look over at incoming CAO Jack Sammons and smile.

Steady as She Goes: New Home Market Stays Stable

New home construction in Shelby County, as tracked by permits, jumped in February when compared to February 2014 while the number of new home sales remained flat.

Beer Revived

Tennessee Brewery: The Revival brings beer garden back Downtown

Revive the beer garden, and they will come. If the soft opening held on Tuesday night, April 7, was any indication, then Tennessee Brewery: The Revival will have a nice run this spring.

Goldcrest Makes a Comeback

The comeback of Goldcrest 51 beer, the beer made in Memphis for almost 50 years at the Tennessee Brewery, began as a book.

Musicians for Le Bonheur Assembling 2015 CD

Raising money for Le Bonheur Children’s Hospital pretty much runs in Justin Jaggers’ family.

Speedway Calls Off $6 Million Lamar Development

Speedway LLC called off plans for a $6 million truck stop with 20 gas pumps at Lamar Avenue and Winchester Road Tuesday, April 7, saying they were told just last week that city plans to acquire right of ways would overrule its development plans.

Shelby County Home Sales Surge In March

Shelby County home sales activity surged in March when compared to last year, with the number of sales and the average sales price showing gains.

FedEx Secures Deal to Buy TNT Express

FedEx Corp. has agreed to take over one of Europe's largest delivery companies, TNT Express, for $4.8 billion, the companies announced Tuesday, April 7.

A Range of His Own

Kindred’s security operations under one roof at Global Training

Derrick Kindred’s longtime activity in law enforcement and self-defense stems from a key belief.

School Competition Shows Promise, Threat

The competition among Shelby County Schools, the Achievement School District and charter schools has been a positive for public schools, say two Shelby County Schools board members.

Mid-South Food Truck Fest Coming to Tiger Lane

About 25 food trucks are set to descend on Tiger Lane next week, along with musicians to provide live entertainment, as part of the first Mid-South Food Truck Fest.

Experts Talk Health Care Reform at Seminar

One of the themes that quickly emerged from the speakers and subject matter experts participating in the latest installment of The Daily News’ seminar series, this time on health care, is that few things are more important when it comes to health care reform than bending the cost curve.

Foote Homes Targeted by Federal Jobs Training Grant

With a HUD official in town last week bearing word of a $3 million job training grant for public housing residents, city leaders remained focused on what Memphis Mayor A C Wharton Jr. calls “the big one.”

Midtown Mudbugs

Overton Square Crawfish Festival expecting big crowd

In the 20th year of a Midtown tradition, Overton Square is stronger than ever.

Burger King Ad Man Russ Klein Talks 'Tension in Advertising'

If rabid sports fans also were fanatical about advertising and marketing, they would know Russ Klein. For decades, Klein would have been a top pick in their fantasy advertising leagues.

Memphis Civil Rights Map Broadens History’s Reach

The civil rights history of the Memphis area is so rich and so deep that a new GIS map of historic sites by the Benjamin L. Hooks Institute for Social Change will probably be a work in progress for some time.

Shepherding Literacy Effort Aims to Tutor Without Burden

The image of volunteer literacy efforts in many schools is parents and others coming to read aloud to children.


The J-Hey Kid Starts Fresh With St. Louis Cardinals

Jason Heyward homered in his first big-league at-bat, which did not announce his arrival so much as confirmed it.

Grizzlies Find Themselves – At Least for 48 Glorious Minutes

That happy butt-slap Zach Randolph gave himself galloping down the court in the midst of the most jubilant night at The Grindhouse in months?

Grichuk Makes Cardinals’ Roster as Reserve Outfielder

When outfielder Randal Grichuk arrived at spring training this year, he could look down the schedule to the April 3 St. Louis Cardinals’ exhibition game with the Memphis Redbirds at AutoZone Park and wonder if he would be staying behind while the big club left for Chicago and the start of the major-league season.

Injuries Slow Development of Vols Defensive Players

Tennessee football fans might want to look past the defensive lineup for the Orange & White Spring Game. It will bear little resemblance to the unit that will start the 2015 season opener against Bowling Green on Sept. 5 at Nashville’s LP Field.


Scarboro Takes Reins at Regional Fed

Douglas Scarboro has been named regional executive of the Memphis Branch of the Federal Reserve Bank of St. Louis. In that role, Scarboro is responsible for working with business leaders and local communities in western Tennessee, northern Mississippi and eastern Arkansas to inform the setting of monetary policies.


Woods at Ridgeway Apartments Sell for $18.5 Million

6277 Lake Arbor Drive and 6206 Knight Arnold Road, Memphis, TN 38115, Sale Amount: $18.5 million -
The Woods at Ridgeway, an apartment community near the northeast corner of Ridgeway and Knight Arnold roads, has sold for $18.5 million to an affiliate of Michigan-based ROCO Real Estate.


Calade Partners Adjusting to Small-Business Style

Before these three FedEx Express marketing executives retired, they knew that they wanted to walk a different path.


Let’s Face It

THE FACE OF UNINSURED TENNESSEE. I washed down my eggs with a big swig of cold reality, decidedly unsweet.

Updating Your Strategy

When it comes to job searching, one thing’s for sure. Times have changed. Over the past 20 years, the process for getting a job has been transformed. Most companies require you to apply online, and some even interview you via video chat.

Enjoy Now While You Build Your Future

Ray’s Take Invariably, one boring little word seems to be the answer to virtually every personal finance question you’ll face: save. Save, save and save some more. Frugality is the new black.

Fowl Affair

“What kind of a thing is that to say about a chicken? Why would you challenge or impugn her motive? All she wants to do is cross the darn road.”

Legislators Not Moved by Hymns, Reason

The words of “We Shall Overcome” and “Wade in the Water” resonate through the halls as Insure Tennessee supporters descend on the Legislative Plaza for a key vote on the plan to provide coverage to 280,000 working Tennesseans.

Google: Go Mobile Or Go Home

If your business is at all dependent upon Google search results for generating leads, then mark your calendars for April 21, 2015. On this day, Google plans to dramatically shake up the way it delivers search results to its users by shifting emphasis toward mobile-friendly websites. If your site isn’t mobile optimized, your ranking could decline radically, and your business could suffer.

STARs Align for Sustainability In Memphis and Shelby County

Editor’s Note: This column will appear weekly throughout April in honor of Memphis and Shelby County’s Sustainability Month.

Be A Butterfly Agent

This is what we’ve heard: When a butterfly flaps its wings, it can start a hurricane on the other side of the world. The idea being that a tiny movement can initiate unanticipated activities. We hope you will join us in a burgeoning butterfly movement of unintended positive consequences.

Exploring an Arizona Oasis

Waking at 4 a.m. for an early morning flight to Phoenix isn’t how I’d typically want to start a day that sees me hiking a difficult trail up Camelback Mountain at lunchtime.

Bike Fest Leaders Rally for Positive Change

It is rewarding when people who seemingly have nothing in common, of being worlds apart, find common ground. And it is nothing short of inspirational when what they build on that common ground makes life better for all of us.

High, Stable Standards Will Help Students Succeed

Successful business leaders always have their eye on the bottom line. And when it comes to how we are preparing our students for the 21st century workforce, the bottom line is this: Americans are falling behind.

Nashville Edition

Vanderbilt's Tim Corbin: Developing Champions ‘The Right Way’

For a baseball coach – one of the best in the business – Tim Corbin owes much of his career to influences from a different athletic endeavor.

Success No Accident for Corbin: It’s All in the Details

Talk to anyone for any period of time about Tim Corbin, and eventually his attention to detail becomes part of the conversation.

Program’s Success Makes Vanderbilt an Easier Sell

Tim Corbin has adjusted his recruiting philosophy – both the ‘who’ and the ‘how’ – over the course of his Vanderbilt tenure, and the success that the Commodores have enjoyed on his watch has allowed that to take place.

Big Leap From Hollywood Hustle to Nolensville ‘Barn’

The step-grandmother of Clark Gable’s granddaughter leans back in her chair inside the Mennonite furniture store and holds up a foot.

Bypass the Taxman via Property Exchange

Most of us are ankle, knee, elbow, perhaps even chin deep in the process of filing tax returns. A recent publication noted that even those due refunds wait until the last minute to submit their bills to Uncle Sam.

Knoxville Edition

Sea You in Three Months

Roane State Faculty Members Set Record for Undersea Living

If someone approached you and suggested you try living in an underwater habitat the size of a college dorm for three months, would you do it?

Conservation Efforts at Work in Tennessee’s Waterways

They haven’t spent 73 days in an underwater habitat, but researchers and volunteers with several organizations in Tennessee have spent hundreds of hours snorkeling their way through Tennessee waterways in order to help preserve aquatic biodiversity.

Science Struggles to Save Dying Coral

Some of the oldest and most diverse ecosystems on the planet are the coral reefs in the earth’s oceans.

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PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926

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The Memphis News: Business, politics, and the public interest.