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VOL. TMN-11 | NO. 20 | Saturday, May 19, 2018
Weekly Issue

Penny Mania

University of Memphis, fans and city all-in on Anfernee Hardaway coaching the Tigers

Derek Jett was coming home from a business trip on the West Coast and making a connection at the airport in Dallas. It was football season, and because it was football season (and not basketball season), he was wearing his University of Memphis cap.

EDITORIAL

Editorial: Hardaway Takes Game Off The Court, Into the City

While we have pondered and called meetings and probably hired consultants to help us get our arms around young Memphians who leave the city to seek their future and never return, something has been happening. And it has been happening around the city’s dominant sport – basketball.

EMPHASIS Health Care

Medical Device Maker Investing $10.5M in Bartlett Expansion

A Bartlett-based medical device manufacturer is expanding with a $10.5 million investment that will create 40 jobs.

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Wind: South at 5.8 mph
Humidity: 74%

EVENTS

The Memphis in May World Championship Barbecue Cooking Contest continues through Saturday, May 19, in Tom Lee Park Downtown. Among the highlights are the Kingsford Tour of Champions, which gives the public a chance to taste and judge barbecue from competing teams; the Cooker Caravan, a free guided tour of some of the best competition teams; live music; and more. Visit memphisinmay.org for tickets and a schedule.

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Westberg Institute’s Faith Community Nursing a Natural Fit With Church Health

Recently, more than 200 hundred international parish nurses came to Memphis for the Westberg Symposium and three days of workshops, collaboration and training. Also here was Rev. Dr. Helen Wadsworth, international faith community nurse specialist based in the United Kingdom and overseeing Church Health’s faith community nursing outreach program.

UT/West Institute’s Hayes Plays Critical Role in The Cancer Genome Atlas

The Cancer Genome Atlas, a comprehensive map of the key genomic changes in 33 types of cancer, wrapped up a decade-long, $300 million national science project in April, with Dr. D. Neil Hayes, scientific director of the University of Tennessee/West Institute for Cancer Research, playing one of only a handful of leadership roles. 

UTHSC, LeMoyne-Owen Partner To Help Students Earn Nursing Degrees

With an expected nursing shortage of more than 1 million registered nurses by 2022, local colleges like the University of Tennessee Health Science Center and LeMoyne-Owen College are partnering to help students along the career pathway.

THE MEMPHIS NEWS ALMANAC

May 18-24, 2018: This week in Memphis history

1993: On the front page of The Daily News, The Memphis-Shelby County Sports Authority is readying its public relations campaign for an NFL team in Memphis. Memphis is competing with St. Louis; Baltimore; Charlotte, North Carolina; and Jacksonville, Florida. All of the cities except Memphis would eventually get an NFL franchise and the bid would be the city’s last effort at landing an NFL team.

LAW & THE COURTS

Chancery Court Rules Sale and Removal of Confederate Monuments Legal

A Davidson County chancellor says a 2016 state law protecting Confederate monuments in public parks doesn’t apply to the Confederate monuments removed from two Memphis parks this past December.

GREEN

A Better Ride

Hampline proving good for bikers, businesses

The final phase of construction on the innovative Hampline will begin this summer, with a goal of completion by the end of the year. The protected bike path completes the missing link in the Greenline between Overton Park and Tillman Street, and has been an ongoing project since 2010.

ECONOMIC DEVELOPMENT

Three Projects Get Green Light from EDGE Board

The Economic Development Growth Engine for Memphis and Shelby County approved a trio of projects that could create as many as 255 new jobs and retain nearly 300 more during a busy Wednesday, May 16, agenda. 

American Queen Steamboat Co. Moves HQ Out of Memphis

American Queen Steamboat Co. has moved its Memphis headquarter to New Albany, Indiana, in what the riverboat cruise company describes as “an effort to synergize shoreside operations with parent company HMS Global Maritime.”

TRANSPORTATION & LOGISTICS

Dot Transportation To Open Terminal In West Memphis

With a new distribution terminal opening in West Memphis this month, Dot Transportation, an affiliate of Dot Foods Inc., is looking to hire new truck drivers to add to its fleet.

NONPROFIT SECTOR

Big Heart

In 27 years, Yolanda Dillard has been a foster parent to 70 boys

When Yolanda Dillard decided she wanted to be a foster parent 27 years ago, she figured she would be better suited to have girls in her home. “I thought I’d be able to nurture girls better than boys,” said Dillard, who was 34 when she became a foster parent and is now 61. “I was the only girl in my family.”

GOVERNMENT & POLITICS

Memphis to Rebid Cook Convention Center Project

The city will be rebidding the $175 million renovation of the Memphis Cook Convention Center, Memphis Mayor Jim Strickland said Tuesday, May 15.

Commission Reappoints Bolton As Adviser, Questions His Role

Shelby County commissioners reappointed former commissioner Julian Bolton as their legislative policy adviser Monday, May 14, sending his reappointment, effective to the end of September, to Mayor Mark Luttrell, who vetoed an earlier version of the appointment in April.

County About $1M Short on Pre-K Funding

Advocates of expanding prekindergarten services countywide to 8,500 students over several years got a surprise last week when Shelby County Mayor Mark Luttrell outlined the administration’s funding for its share of the funding.

REAL ESTATE & DEVELOPMENT

Grant Awarded For Auto Museum

A facade improvement grant for a new automotive museum near Sun Studio was approved by the Downtown Memphis Commission’s Center City Development Corp. on Wednesday, May 16, clearing the way for Richard Vining’s $1.4 million renovation project at 645 Marshall Ave. to begin.

Faropoint Converting ‘Diamond In The Rough’

So far this year Faropoint Ventures has already acquired $37 million in property in the Memphis area and has its sights set on another $38 million by year’s end.

AutoZone Expanding Downtown, One Commerce Square Hits Market

40 S. Main St. -
One Commerce Square, the fourth-largest building in Memphis, has hit the market.

ARTS & ENTERTAINMENT

Chicago Gets Tribute Before Orpheum Date

The newest star on The Orpheum Theatre’s “Walk of Fame” sidewalk is for a horn band that built its sound on Memphis soul and rhythm and blues.

EDUCATION

Opening the Book

LLI Memphis Touts Teacher Innovation Grant, Conference

A new Learning and Innovation Fund for Educators grant from Lausanne Learning Institutes (LLI) is now available to a team of teachers looking for funding to do creative things in their classrooms.

DOWNTOWN

Second Convention Center Hotel Has Footprint Beyond City’s Tallest Building

After four years as an emptied out eyesore and lots of promises with very little follow up, the city’s tallest building is at the center of a tentative deal to make it the second convention center hotel.

THE TIPPING POINT

Former Cheerleader Turns Hobby Into Career

Growing up in southern Florida, Nicole Lauchaire had a passion for school spirit early on and loved being a part of her school cheerleading team. Her summers were spent at cheer camp, and while the energy was palpable there, she never imagined she’d be able to turn it into a full-time career – especially since she admits with a laugh that her high school team wasn’t one of the top competing teams.

SPORTS

Drafting at No. 4, the Grizzlies will look at Michael Porter Jr. with reservations about his health

If the Grizzlies had landed in the top three of the NBA Draft Lottery, it’s pretty clear they would have been choosing from among DeAndre Ayton, Luka Doncic and Marvin Bagley. But even with the second-worst record last season, the Grizzlies fell to No. 4. And that could change the conversation in a major way.

Legal Sports Betting a Gamble for All

The most impactful sports score of the week was this one: a 6-3 U.S. Supreme Court decision striking down the federal law prohibiting sports gambling everywhere but in Nevada.

Redbirds Snap Four-Game Losing Streak

As the Memphis Redbirds rolled up 91 wins in the 2017 regular season and won their division by an overwhelming 22 games, they had their hot streaks. But they also never really had a cold spell.

Former Bears Legend Mike Singletary to Lead Memphis Football Franchise

If Memphis is going to have another pro football league that won’t be confused with the NFL – and it is – it can’t hurt for the first head coach to be a pro football Hall-of-Famer, a feared former linebacker who made the Chicago Bears proud.

MEMPHIS NEWSMAKERS

Pegg Named Fleet Manager For Explore Bike Share

Jon Pegg recently joined Explore Bike Share as bike fleet manager as the local nonprofit prepares for the May 23 launch of its 600-bicycle, 60-station bike-share system. Pegg comes to Explore Bike Share from Revolutions Bicycle Co-Op, where he served as shop manager.

Snapshots: Hog Heaven Homes Going Up

The Swine & Dine barbecue team tent is set up and ready for the kickoff of the 2018 World Championship Barbecue Cooking Contest at Tom Lee Park. The largest barbecue event in the world opens Wednesday, May 16, and runs through Saturday.

VIEW FROM THE HILL

Two Shots Didn’t Phase Lawmakers in Jack Daniel’s Case

When Van Halen front man David Lee Roth opened a bottle of Jack Daniel’s on stage back in the ’80s, the last thing he thought about was taxes and court appeals when he took a big swig of whiskey.

LOCAL COLUMNISTS

It’s Hard, But You Can Do It

TO FLY, YOU’VE GOT TO TRY. This morning, I was feeling kind of sorry for myself. My leg hurt. Hell, both legs hurt. A couple of my deadlines hurt. I was out of coffee, and out of patience with a couple of projects. Just can’t get going. And suddenly somebody I haven’t thought about in a long time from a long time ago came to mind.

Teaching Your Kids About Money

Ray’s Take: Did you know that only 17 states require high school students to take a course in personal finance? Unfortunately, financial literacy is often left out of the American education system and it’s up to parents and guardians to teach kids everything they need to know about finances.

How a Travel Budget Determines Destination

Budget is an ugly word. In a perfect world, budgets wouldn’t be necessary.

Signs It’s Time For a Midlife Career Change

If you’re like most people, you think you’re the only one. Everything was fine for the first 20 years of your career. You were focused. You were happy. You were going up the ladder. Then you hit an age. Maybe it was 30 or 40 or 50. But suddenly, everything changed.

Five Metrics for Website Success

Engaging videos, impactful testimonials and beautiful graphics can all be parts of an efficient website. Although it may look and function seamlessly, you cannot judge the success of your website simply on the aesthetics or mechanics. You’ll have to consult the hard numbers to judge the success of a website and, if necessary, determine how to alter that success.

Corporate Leaders Are True Partners

“What can we do to help?” That was the question asked by a corporate representative at a conference we attended last week.

Conscious Capitalism: Conversation with Raj Sisodia, Part Three

Raj Sisodia is the professor of global business at Babson College and co-founder and co-chairman of Conscious Capitalism Inc. Raj has written 10 books and more than 100 academic articles. 

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 188 9,757
MORTGAGES 100 182 11,496
FORECLOSURE NOTICES 11 28 1,662
BUILDING PERMITS 194 328 20,638
BANKRUPTCIES 61 119 6,556
BUSINESS LICENSES 25 52 3,497
UTILITY CONNECTIONS 31 79 4,062
MARRIAGE LICENSES 31 63 2,242

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