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VOL. TMN-8 | NO. 21 | Saturday, May 16, 2015
Weekly Issue

Square Roots

THE PAST: Young ambitions drove Overton Square's original appeal

Lucy Woodson and George Saig went to lunch recently in Overton Square.

THE PRESENT: Overton Square Development Going Strong

As Overton Square prepares to blow out 45 candles as part of a milestone anniversary celebration May 23, development activity at the Midtown landmark is still going strong.

Editorial: Overton Square History Tells Story of Aspirations

It’s easy to forget when you see all of the smiling faces in the old photos. They don’t seem to have a care in the world.

THE MEMPHIS NEWS ALMANAC

This Week in Memphis History: May 15-21

2013: Memphis Mayor A C Wharton Jr. goes to the City Council with a state comptroller’s report critical of the city’s financial practices, including two bond restructurings in four years that pushed the city’s debt into future years. The report also faults the city for undocumented interfund loans among City Hall divisions and departments.

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EVENTS

Dixon Gallery and Gardens will host Art After Dark: Movie Night Thursday, May 21, at Dixon, 4339 Park Ave. Bring a blanket and lawn chairs for live music at 6 p.m. and a screening of “The Big Lebowski” at 8 p.m. Free popcorn; wine, beer and soda available for purchase. Admission is free for members and $5 for nonmembers. Visit dixon.org.

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With barrage of 3-pointers, Warriors close out Grizz in Game 6

Stephen Curry said the Golden State Warriors didn’t find themselves until the Memphis Grizzlies “hit us in the mouth two games in a row.”

'King of the Blues' B.B. King Dead at 89 at Home in Vegas

LAS VEGAS (AP) – B.B. King, whose scorching guitar licks and heartfelt vocals made him the idol of generations of musicians and fans while earning him the nickname King of the Blues, died late Thursday at home in Las Vegas. He was 89.

Notes From Near and Far on Death of Blues Legend B.B. King

Blues legend B.B. King died late Thursday at his Las Vegas home. Here are some comments from people who knew and admired him:

Kid Coders

CodeCrew bringing computer science to Memphis children

A new nonprofit has launched in Memphis formed around the notion that where children are born shouldn’t pre-determine the opportunity they have to get hands-on experience – and build careers – in tech and computer-related fields.

Men’s Salon Opening in Germantown

Germantown is getting an upscale styling salon and grooming service made just for men.

IBM Team on Non-Emergency 911 Calls Sounds Familiar Theme in Memphis

A team of outside experts will come to Memphis for a short period of time to analyze a specific problem and make recommendations to City Hall.

Summer of Acceleration Heats Up at Start Co.

Memphis this summer is ground zero for entrepreneurs from here and around the country working to build a fresh crop of innovative, lasting companies.

Foxx Hears Lamar Corridor as Priority in White House's Infrastructure Bill

A group of 23 local leaders told U.S. Transportation Secretary Anthony Foxx Tuesday, May 12, that improving the Lamar Avenue freight corridor is their first priority for federal infrastructure funding.

The Green Life

For TPC Southwind pro Michaelyn Bradford, the good walk is not spoiled

Green, as far as the eye can see. That’s the view out Michaelyn Bradford’s corner office in the golf shop at TPC Southwind.

Developers: Tennessee Brewery Work is Tough Job

The team behind the proposed redevelopment of the long-vacant Tennessee Brewery received a 20-year tax freeze and a long-term loan for a new parking garage to help usher the Downtown development along, but officials say much work remains before the $28.1 million project becomes a reality.

Creative Class Boosting Downtown Memphis Office Market

With the clock on its Downtown office sublease running, officials at Sullivan Branding began looking for a new home.

Council Vacancy Draws Eight Applicants

Eight citizens have applied for a vacancy on the Memphis City Council, some with no intention of serving beyond the end of 2015 and others with plans to seek a full, four-year term in the October elections.

Tennessee Appeals Court Reverses Another Shelby County Conviction

As two high profile Memphis murder cases moved toward retrial this week, the Tennessee Court of Criminal Appeals reversed another murder conviction in Shelby County Criminal Court earlier this month.

Beale Street Board to Tackle District Plans, Future

Jeff Sanford has spent much of the past five years consulting on redevelopment projects in other cities.

Boat Boom

River cruise industry tying up Downtown dock

The Mississippi River has been a vital channel for boats and barges for more than 250 years. These days, Memphis doesn’t do much in the way of cotton exporting and Mark Twain touring, but the $43 million Beale Street Landing is bringing a new wave of river-based commerce: cruise ships.

Harold Ford Sr. Returns to Memphis Funeral Business With New Concept

In his years as a political force in Memphis, Harold Ford Sr. was known for his attention to detail.

Larger Aircraft, More Flights for Memphis

More Memphis International Airport passengers can travel to Miami, Denver, Chicago and Houston starting this month, thanks to larger aircraft and an expected increase in flight frequency.

Polish Ambassador Says Broader Europe Concept Challenged

When Poland’s ambassador to the United States spoke to a Memphis in May International Festival luncheon last week, U.S. Rep. Steve Cohen came with an item from his collection of political pins.

Creative Works Conference to Return in October

As a result of last year’s quick sellout, a three-day conference for Memphis’ creative community is returning later this year, this time in a larger space.

On the Menu

Majestic Grille plans cosmetic tweaks, dinner series launch

When Golden State Warriors head coach Steve Kerr turned up for dinner at the Majestic Grille Friday night, it wasn’t as the guy in charge of the team trying to put a stop to the Memphis Grizzlies’ championship ambitions.

Shelby County Commission Questions Grays Creek Payday Loan Error

Shelby County Commissioners want to know how a payday loan business got a certificate of occupancy from the county’s Office of Construction Code Enforcement and opened in the Cordova Ridge Shops development even though such a business violates the Unified Development Code.

Job Losses Reflect Risks of Economic Development

Tennessee officials say they are watching the fallout from Conduit Global’s sudden mass layoffs at its Memphis-area call center and that the state could eventually move to reclaim grant funds the company was awarded.

Daily News Seminar Brings Focus to Economy

As part of his keynote address during The Daily News’ latest seminar, this time focused on the economy, Century Wealth Management president and founder Jay Healy pointed to a photo depicting a crowd a decade ago assembled near St. Peter’s Basilica at the Vatican.

SPORTS

Last Stand: Only a Game 6 Victory Can Keep Grizzlies’ Season Alive

With Tony Allen on the bench because of a strained hamstring and thus not available to wander through the junior dance team’s routine or to harass Golden State guard Klay Thompson, the crowd at Oracle Arena for Game 5 needed another target.

Painful Lesson: Grizzlies Make Warriors Better

There was so much that the Golden State Warriors did not have to be taught. They did, after all, win 67 games in the regular season. They swept the New Orleans Pelicans out of the first round and coach Monty Williams out of his job.

SMALL BUSINESS

Total Concept Launching Fully Online Enterprise

If you’ve learned about an in-store sale while shopping for groceries, this Memphis-based printing company could have been the one to help you save those extra pennies.

NEWSMAKERS

Greenstein Touts Doug Carpenter & Associates' ‘Connection Factor’

Cara Greenstein serves as public relations coordinator of doug carpenter & associates, where she practices her passion for connection through the pen, on the screen and at the table. Equal parts researcher, writer, administrator and collaborator, Greenstein advances social media engagement and helps cultivate relationships between clients, media and the community.

LOCAL COLUMNISTS

Getting to the Bottom

A BIG BASS PROBLEM. We’ve done it. Just like a lure, the light reflects off a shiny object and draws a crowd.

The Power of Grit

This NBA basketball season has been an exciting one for the Memphis Grizzlies. If nothing else, Mike Conley’s recent injury and subsequent return to the game has demonstrated that the Grizzlies, and the city of Memphis, have some serious grit.

Financial Information in the Digital Age

Ray's take: As we spend more of our lives online – paying bills, collecting credit card rewards points, shopping, creating photo albums, emailing – it's increasingly important to consider how beneficiaries can access those accounts and any assets they hold, once we're gone.

Rosenfelt Literary Fest Speech Refreshing

“I was the least successful marketing person in the history of Hollywood.” With that line, novelist David Rosenfelt gets his first laugh. As part of the Arkansas Literary Festival, the author of 21 books addresses a packed house at the Clinton School of Public Service. And not about accessing inner muses or fusing justice with mercy. With mega-doses of self-deprecating humor, Rosenfelt tells it like it is. For him.

Six Easy Ways to Kick Referral Fears

For most businesses, especially those selling to other businesses (or B2B), there is no more efficient way to generate new business than through referrals from existing happy customers. “Pre-selling” has occurred, which means there is already built-in trust, which inevitably shortens the sales cycle. Plus, there is typically little, if any, hard cost in that new customer acquisition.

Do Not Fear Europe’s Recovery

Interest rates determine the cost of capital for corporations, directly influence the capitalized value of corporate earnings and establish relative value positions within the currency markets. Simply stated, meaningful shifts in interest rates create meaningful shifts in the investment marketplace.

Your Fantasy Celebrity Board

If you could have any five celebrities on your nonprofit board, who would you pick?

Successful Ideation: Mindset and Methods

Define what ideation means to your organization. Many companies practice some form of brainstorming or ideation. While it can be freeing to withhold restraints such as costs and technical matters and enter into the unchartered frontiers of “What If,” a lack of focus and too few creative restraints make it a fun but fruitless experience.

TENNESSEE LEDGER
Nashville Edition

Got A Dream? Launch It With Help From Crowdfunding

One friend helped Annie Klaver get into her corporate job, and 131 helped her get out. More specifically, 131 people pledged a total of $15,556 on Indiegogo, enabling Klaver to launch her new outdoor company, River Queen Voyages, this month.

Investors Pumping Hundreds of Millions Into Tennessee Startups

The assignment sounded simple enough: Find out whether more money is coming into Nashville for startups.

Nashville Emerging ‘As a Regional Tech Leader’

Two very different startups speak volumes about how much the Nashville venture capital scene has changed over the years and how things are still evolving.

Small Banks Find Ways to Compete With Giants

Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.

Nashville's Next Mayor Must Solve Traffic, Education Woes

“Traffic is getting worse by the day.” I must have heard that complaint six times last week. Those exact words.

Knoxville Edition

Preserving East Tennessee's Endangered Buildings

When preservation comes up in conversation, it brings to mind crumbling Victorian mansions or maybe an old Woolworth’s sitting idle downtown.

East Tennessee’s Endangered 8

The East Tennessee Preservation Alliance’s list of endangered heritage sites for the region:

Conquering Fear of Heights on Mt. LeConte

I was standing on the edge of a cliff during a hike to Mt. LeConte about two weeks ago.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 183 20,949
MORTGAGES 130 174 24,535
FORECLOSURE NOTICES 4 27 8,637
BUILDING PERMITS 163 359 42,696
BANKRUPTCIES 61 116 14,018
BUSINESS LICENSES 24 46 6,447
UTILITY CONNECTIONS 29 85 13,596
MARRIAGE LICENSES 24 47 5,116

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