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VOL. 130 | NO. 135 | Tuesday, July 14, 2015

Memphis Finalist for Federal Choice Neighborhoods Grant

The city of Memphis is among the finalists for a federal grant worth up to $30 million that would fund the demolition and redevelopment of Foote Homes, the city’s last large public housing development.

Boyd Becomes Sixth Memphis City Council Member to Pass on Re-Election Bid

Memphis City Council member Bill Boyd announced Tuesday, July 14, that he will not seek reelection on the Oct. 8 Memphis ballot.

One Beale Nabs 20-Year Tax Freeze

The developers behind One Beale have earned key pieces of the public-private partnership they say is necessary to pursue the twin tower project overlooking the Mississippi River.

Vertical Living in Crosstown

LEDIC prepares to lease, manage Crosstown Concourse apartments

The 1.1 million-square-foot Sears & Roebuck regional distribution center, which has laid abandoned in the Crosstown neighborhood for more than 10 years, is getting a new lease on life as the highly-anticipated Crosstown Concourse project.

Credit Unions See Fertile Ground in Memphis

In one sense, the newly opened credit union branch across the street from East High School reflects a company adjusting its Memphis footprint.

Memphis in May Faces Decisions in Offseason

The stages in Tom Lee Park are down. Any leftover picnic blankets are long gone. The barriers at each end of Riverside Drive have given way to the return of traffic.

Sankey Launches SEC Media Days With Steady Hand

HOOVER, Ala. – Not only is it a new season for each of the Southeastern Conference’s 14 football teams, but it’s also a new day in the commissioner’s office.

Historic Ashlar Hall in Limbo After ‘Renovation’

The owner of historic but troubled Ashlar Hall says he will move forward with plans to redevelop the property into a veterans center as questions continue to swirl around the state of the building, located at 1397 Central Ave.

Judge D’Army Bailey’s Legacy Spans Streets, Courtroom

Shelby County Circuit Court Judge D’Army Bailey was more than a robed courtroom figure. In the wake of his death Sunday, July 12, from cancer, Bailey is being remembered for a life of activism in which the judge had roots as a radical.

Forrest Birthday Observance Draws Large Crowd

Confederate groups’ observance of Nathan Bedford Forrest’s birthday Sunday, July 12, drew a larger-than-usual crowd of several hundred people to the city park once named in honor of the Confederate general, slave trader and Ku Klux Klan grand wizard.


Methodist Healthcare Buys Office Building From Belz

5865 Shelby Oaks Circle, Memphis, TN 38134, Sale Amount: $4 million -
Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.


6 Things to Know When Writing a Proposal

Summer reading is highlighted in Oprah and other magazines each year. A good read is great to enjoy on the beach or curled up on a lawn chair. But what about a good summer write?

Calculate Your Cash Flow

Ready? Write a short blurb in your favorite journal or on a nice card addressed to yourself. Slice an orange or grab a banana. Relax, and keep reading …


Tennessee Promise Students Head to 'Academic Boot Camp'

NASHVILLE, Tenn. (AP) – Hundreds of Tennessee Promise students across the state are beginning an inaugural three-week "academic boot camp" to help them overcome some of the challenges that officials say are typically faced by first-generation college students.

University Of Tennessee Adding Help for Transfer Students

KNOXVILLE, Tenn. (AP) – The University of Tennessee is ramping up its efforts to help a growing number of transfer students.


State Audit Uncovers Millions in Questionable Spending

NASHVILLE, Tenn. (AP) – An audit of the Tennessee Department of Human Services found a lack of oversight led to at least $1.8 million in questionable spending last year from contractors operating programs to feed the needy. In 2013, the questioned costs were $4.3 million. And that is just in the small sample of agencies auditors reviewed.


Wal-Mart Opens Counter Offensive Against Amazon This Week

NEW YORK (AP) – The online price fight as well as the bickering is heating up between Wal-Mart and Amazon.com, and it's not even the holiday shopping season.


Justice Department: Food Companies Risk Prosecution for Outbreaks

WASHINGTON (AP) – Following a deadly listeria outbreak in ice cream, the Justice Department is warning food companies that they could face criminal and civil penalties if they poison their customers.

Obama Says US Must Step Up Care for Aging Americans

WASHINGTON (AP) – President Barack Obama warned Monday of an increasing urgency for the U.S. to care for older Americans as millions of baby boomers head into their golden years.

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PROPERTY SALES 110 188 14,031
MORTGAGES 126 219 16,224
BUILDING PERMITS 170 411 29,164
BANKRUPTCIES 57 116 9,042

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