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VOL. TMN-10 | NO. 23 | Saturday, June 3, 2017
Weekly Issue

Winds of Change

How massive energy project would fit into the local power structure

Humans have been harnessing the power of the wind since the first Egyptians began to use sails to move their boats along the Nile. More than 7,000 years later, wind power capacity in the U.S. alone has surpassed 82 gigawatts, or enough energy to power 20 million homes, making it the largest renewable generation capacity in the country.

EDITORIAL

Editorial: Memphis Storm Shows Power Encompasses More Than Lights

For about half of us the lights never went out and the air conditioning kept us constantly cool during the Memorial Day weekend. The food in the refrigerator didn’t go bad. We may not have even known there was more than a really strong thunderstorm until we saw the downed trees the next day.

EMPHASIS Banking

Gladney’s Career Path Leads Her To New Role at Commercial Bank & Trust

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

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Memphis Banks Build Brand Awareness Via Marketing, Community Investments

As a complement to traditional advertising, one way banks like Regions Bank, First Tennessee Bank and Pinnacle Financial Partners promote their brands in the local community is by spreading money around to everything from charitable causes to putting their name and logos on buildings and events.

First Tennessee Explores What’s Next As Customers, Technology Converge

As executive vice president of consumer banking for First Tennessee Bank, Tammy LoCascio’s job means that she spends part of every day thinking about the future.

POLITICS

Green Drops Gubernatorial Bid After Failed Trump Nomination

NASHVILLE, Tenn. (AP) – Republican state Sen. Mark Green announced Friday that he will not resume his bid for Tennessee governor after withdrawing from consideration as President Donald Trump's pick for Army secretary.

THE MEMPHIS NEWS ALMANAC

June 2-8, 2017: This week in Memphis history

2016: Memphis Police officer Verdell Smith is killed in the line of duty when the suspect in three Downtown shootings runs over him at Beale Street and B.B. King Boulevard. The incident begins when Justin Welch allegedly shoots two people sitting at a picnic table outside Westy’s near The Pyramid, then walks across the street and shoots a Bass Pro Shops employee in the Pyramid parking lot.

COMMUNITY

Southern Heritage Classic Founder Touts Value of Annual, One-Off Events

When he came up with the idea of an annual football game in Memphis between the teams of two historically black universities with large alumni bases locally, Fred Jones had two primary goals for what he called the Southern Heritage Classic.

HEALTH CARE

Couple’s Business About More Than Just Weight Loss

Dr. Allison White and Dr. John White Jr., owners of The Transformation Doctor in Collierville, are on a mission to help people lose weight and keep it off. They just celebrated the one-year anniversary of their Collierville location and are looking at expanding to several more Memphis-area locations over the next few years.

OrthoMemphis Calls Its First NUsurface Implant a Success

Dr. Tim Goldsmith, chief clinical officer at Youth Villages, had never been a guinea pig before, but now he is glad he was. Last year, Goldsmith became the first person in Tennessee to receive meniscus replacement surgery through his involvement with an ongoing clinical trial in Memphis for Active Implants’ NUsurface meniscus implant device.

St. Jude Scientists Find New Way to Fight Flu

A team of scientists at St. Jude Children’s Research Hospital has been exploring a new approach to fighting the influenza virus using an investigational cancer drug that’s in clinical trials to treat solid tumors.

TRANSPORTATION & LOGISTICS

International Medical Corps’ Portable Hospital Finds Home At FedEx

Valued at more than $2 million, International Medical Corps’ massive field hospital has yet to save even a single life since it was constructed five years ago.

REAL ESTATE & DEVELOPMENT

Long-Awaited Demolition at Foote Homes Begins

Foote Homes, the last large public housing project in Memphis, began coming down Tuesday, May 30, with a formal ceremony marking the start of demolition toward the broader South City redevelopment.

Flintco Files $25 Million Permit for ServiceMaster HQ

150 Peabody Place, Memphis, TN 38103 -
Contractor Flintco LLC has filed a $25 million building permit application for tenant infill at ServiceMaster’s new headquarters Downtown.

North Mississippi Developers Gear Up to Land Large Clients

With almost 3.5 million square feet of speculative space floating around in North Mississippi just between Crossroads Distribution Center and Gateway Global Logistics Center alone, it appears that there is no shortage of interest in the region from prospective clients.

Demand for Smaller Industrial Facilities Growing

Even though massive deals like Niagara Bottling’s 554,000-square-foot facility and McCormick & Co.’s 615,000-square-foot operation next door in Gateway Global Logistics Center often steal the spotlight, they only paint part of the picture of North Mississippi’s industrial market.

NONPROFIT SECTOR

Reading With Purpose

Memphis Reads looks to 'build community and break down walls'

Books inspire movies all the time. And sometimes, one reading program emerges from another. So it was that Memphis Reads grew out of Fresh Reads, an initiative at Christian Brothers University.

10 Nonprofits to Receive GiVE 365 Grants

GiVE 365, The Community Foundation of Greater Memphis’ dollar-a-day philanthropy program, has announced grants totaling $60,000 to 10 nonprofit organizations. This year’s grant cycle is themed “Foundations for the Future: programs that help youth meet their potential.”

FINANCIAL SERVICES

Financial Federal Hits $500M in Assets

Financial Federal has hit a milestone in recent weeks – reaching $500 million in assets – that bank president William Tayloe said confirms the plan the bank is following to achieve organic growth is working.

RESTAURANT NEWS

Barbecue Restaurant Scene Heats Up in Memphis

Memphis has enjoyed a bumper crop of barbecue restaurant news in recent weeks, from tweaks to some business’ existing locations and plans by others to expand. And that trend isn’t letting up anytime soon.

EDUCATION

Shelby County Schools Debates Funding Strategy for Budget

Shelby County Schools board members approved a two-year contract extension through the 2019-2020 school year for superintendent Dorsey Hopson Tuesday, May 30, with no debate or discussion and sent a combined $1.3 billion operating and capital budget proposal to the Shelby County Commission for approval.

MEMPHIS NEWSMAKERS

Rhea Joins SWTCC As First Mental Health Counselor

Julia Rhea has joined Southwest Tennessee Community College as the institution’s first mental health counselor. The newly created position is part of Southwest’s new Social and Emotional Support Process, one of numerous changes developed over the past six months under the guidance of the Maryland-based education reform group Achieving the Dream, all geared toward redesigning and improving the student experience.

HISTORY

Hanover Students Follow King’s Pilgrimage

Even before it was the National Civil Rights Museum, the Lorraine Motel had pilgrims – visitors coming to the place where Dr. Martin Luther King Jr. was assassinated to stand where he fell, even stay a night on the same floor of his room when the Lorraine was still a working hotel.

GOVERNMENT & POLITICS

City Council Members: Beale Bucks Evolving

Beale Street’s new $5 weekend night cover charge still has a few details to work out, says Memphis City Council chairman Berlin Boyd.

Local Democratic Reorganization Starts to Come Into Focus

Shelby County Democrats should have a framework for a reorganized local party soon.

City Council Weighs $7.3M Cut in Police Budget

Memphis City Council members will likely be discussing possible amendments to the city budget right up to the final June 6 votes on the budget and tax rate resolutions and ordinances.

Wright Claims Lakeland Commission Seat

Wesley Wright, the owner of Wright Landscapings, claimed the vacant seat on the Lakeland City Commission on Thursday, May 25, in unofficial election results.

SPORTS

Baseball Brawl: It’s in the DNA Of Players, Part of Unwritten Rules

Memphis Redbirds manager Stubby Clapp and his family were out to dinner the other night when the replay of the San Francisco Giants-Washington Nationals brawl flashed across the television screen.

Tale of a Lost Tiger: Woods Can’t Go Much Lower

Sometimes context can be found in the most obvious of places. Right now, at pgatour.com, Tiger Woods shows up as the 876th-ranked golfer in the world.

Titans Poised to Break Free of Weak AFC South

When Marcus Mariota participated on the first day of the Titans’ recent organized team activities – OTAs for you hardcore NFL fans – it sent two messages to the rest of the AFC South:

Former Vol Gault Sprints Into State Sports Hall of Fame

It was way back in 1980 that John Ward, the University of Tennessee’s legendary former play-by-play man, delivered one of his more memorable lines.

Grizz Rookie Wade Baldwin Learned He Had Much to Learn

In his first NBA preseason game, 2016 first-round draft pick Wade Baldwin wowed his Grizzlies teammates. Everything he shot went in the basket (15 points on 5-for-5 shooting) and he played with force and athleticism that, in retrospect, led to some true hoops hyperbole.

MARTHA KELLY'S MEMPHIS

Snapshot: East Memphis Anchor

As graduation season wraps up, Memphis artist Martha Kelly paints this iconic image of Christian Brothers High School on Walnut Grove Road. Martha’s illustrations of Bluff City life and culture appear monthly in The Daily News and The Memphis News. To see more of her work, visit marthakellyart.com.

LOCAL COLUMNISTS

View From the Hill: GOP Points True North on State’s Moral Compass

It was billed as the start of the 2018 governor’s race, but the GOP’s Reagan Day Dinner in Murfreesboro last week often sounded more like a tent revival.

Tiresome Behavior

ENOUGH ALREADY. Even after months of mediation, after an agreed-upon compromise, after the appointment of a committee and the committee’s selection of a master planner, after the Overton Park Conservancy put up $250,000 toward the plan, after the council voted to take the Conservancy’s money … even after all of that … the Memphis Zoo stiffed the conservancy, the city, and you and me. 

529 Plans – What You Should Know

Ray’s Take This August, I will be the proud parent of college freshman. With that pride comes the bills for tuition, room and board, books, etc. 

When Child Travelers Become Cynics

I remember it like it was yesterday, even though it actually was five years ago.

It’s OK To Say No

OK, this is going to sound strange, but bear with me. After coaching hundreds of folks on their job searches, I’ve noticed a pattern. And it’s not one I would have expected.

Winning at Google

The coveted first-place ranking in Google’s search-engine results is every business owner’s dream.

Patience and Time – Everything Won’t Happen by Friday

Patience and time are two resources required for success within the nonprofit sector. At the same time, these are perceived as being in short supply. We encourage you to take a moment to reflect on the goals you set for yourself and your organization. Examine whether or not these are realistic and achievable. 

Emotional Innovation

A Front End of Innovation Conference talk by Craig Dubitsky, founder, Hello Products. Hello Products is disrupting a $30 billion daily use global category by asking the right questions and delivering delight.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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