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VOL. TMN-8 | NO. 30 | Saturday, July 18, 2015
Weekly Issue

Creatives of Memphis

Every time Brit McDaniel sits down at the potter’s wheel that's central to her Memphis-based ceramics business Paper & Clay, she's not just focused on infusing that next product with her signature Scandinavian-inspired minimalism.

Editorial: Creatives Prove Memphis’ Cool Factor is Heating Up

“If you have the vision, and the gumption, you can create something original in Memphis.”

Germantown Eyes Area South of Poplar for Elementary School

Germantown leaders are looking for land south of Poplar Avenue in Germantown for a new elementary school for the Germantown Municipal School District.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: July 17-23

1986: Stevie Wonder brings his In Square Circle Tour to the Mid-South Coliseum

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

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On Edge

Officials say Edge district poised for growth

In February Sam Carolan was planning to move from Austin, Texas, to Memphis to become a digital sales specialist for Nexstar Broadcasting Group Inc., which owns the ABC24 and CW30 television channels.

Memphis Campaigns Shift to Strategy

With more than a dozen contenders in the race for Memphis mayor, incumbent Mayor A C Wharton Jr. was asked Wednesday, July 15, his strategy for such a large field of challengers.

Biomedical Company Expanding in Southeast Memphis

Cognate Bioservices Inc. is launching a 32,500-square-foot expansion at its manufacturing facility at 4600 E. Shelby Drive in southeast Memphis near Lamar Avenue.

Resurrection Health Expands With Whitehaven Clinic

A faith-based, evangelical health service organization that’s only halfway through its first year of existence has opened a second clinic to help support its mission of addressing health care disparities in Memphis.

LRK Launches Expansion in Downtown Memphis

Looney Ricks Kiss is embarking on an expansion of its Downtown Memphis headquarters.

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.

Clark Tower to Get $6 Million in Capital Improvements

The venerable Clark Tower is getting an infusion of cash for capital improvements.

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.

Mayoral Contenders and a Campaign Cash Update

The four most visible candidates for Memphis mayor spent nearly $130,000 from April through June laying the groundwork for the heart of summer campaigns, where they take their message to voters across the city.

Carpenter: Police Internal Affairs Records Should Be Open

When advocates of a beefed-up Civilian Law Enforcement Review Board for Memphis called for police internal affairs to open its records of misconduct investigations to the review board, it wasn’t a new idea.

Snakes, Spiders and Reptiles Descend on Southaven

Thousands of reptiles, amphibians, invertebrates, spiders and small exotic animals crept and crawled into The Landers Center in Southaven over the weekend for the Repticon Memphis expo.

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.

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.

Someone Else’s Shoes

No More campaign calls attention to domestic violence

The group of men marching in late June from the Cannon Center for the Performing Arts to FedExForum moved slowly and with some missteps and awkwardness.

Televised Memphis Mayoral Forum Set for September

There could be a lot of candidates for Memphis Mayor in the Oct. 8 city elections. And much of the attention in the run up to active campaigning has focused on the field’s size.

Details Emerge on Planned Binghampton Retail Center

The Binghampton neighborhood is inching closer to landing a grocery store as plans for a neighborhood retail center there come into clearer focus.

Beale Authority Prepares to Negotiate Lease With Memphis Leaders

The Beale Street Tourism Development Authority is at what Downtown Memphis Commission president Paul Morris describes as an “awkward interim stage.”

Shelby County Home Sales Jump 13 Percent in June

Fueled by an apparent surge in consumer confidence, home sales in Memphis and Shelby County jumped significantly in June.

SPORTS

Grizzlies Believe Big Man Backup Brandan Wright A Seamless Choice

It won’t always be as easy for Mike Conley in the NBA as it was for Scott Reall in high school. But when Reall talks about being Brandan Wright’s teammate at Brentwood Academy in the mid-2000s, you do get the idea that Wright brings some much-needed athleticism to the Grizzlies’ front court.

SEC is Better With Steve Spurrier in It

HOOVER, Ala. – If you’re a Tennessee fan, you don’t like him. He was the one who said you can’t spell Citrus without “U-T.”

Is the SEC Still the Best?

Coaches, players take up for 'man’s league' at media days

HOOVER, Ala. – The first College Football Playoff was not supposed to be won by a Big Ten team. Nor was a player who began the season as a third-string quarterback supposed to lead the first College Football Playoff champion to victory.

Auburn Picked to Win SEC Championship

HOOVER, Ala. – Only once in the previous six years did the media correctly pick the Southeastern Conference champion in the annual voting that is part of SEC Media Days. That was last year, when media accurately projected Alabama as conference champion.

Ole Miss Coach Hugh Freeze Favors Changing Mississippi State Flag

HOOVER, Ala. – Ole Miss coach Hugh Freeze said during his appearance at SEC Football Media Days on Thursday, July 16, he is favor of removing the Confederate battle emblem from Mississippi’s state flag, but was less emphatic when asked about the team nickname “Rebels.”

Steve Spurrier Pokes Fun at Tennessee, Arkansas

HOOVER, ALA. – South Carolina coach Steve Spurrier wasted no time taking his first jabs at other SEC schools. As he made his opening remarks at SEC Media Days Tuesday, July 14, at The Wynfrey Hotel, he spoke of the joy he and his team felt by rallying at season’s end to get to a bowl game, then win the Independence Bowl against Miami and finish 7-6.

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.

MEMPHIS NEWSMAKERS

Madeline Patterson Joins Burson Campaigns

Madeline Patterson has joined the Memphis office of Burson Campaigns, the corporate issues management unit of Burson-Marsteller, as a vice president. In her new role, Patterson will work with Burson clients on issues and crisis management, communications strategy, and integrated marketing and communications campaigns.

REAL ESTATE RECAP

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.

SMALL BUSINESS

Sisters Carry On Father’s Legacy at Bancroft Leasing

For the Bancroft sisters, talking about best-fit leasing options for agricultural equipment comes as easily as navigating the Memphis streets they've known all their lives. Together, the pair make up the second generation of Bancroft Leasing, an equipment leasing brokerage company started by their father, Charlie Bancroft, in 1977.

LOCAL COLUMNISTS

A General Invitation, Revisited

COME ON BACK TO ELMWOOD, GENERAL FORREST. I first issued that invitation in 2013 and while we haven’t yet heard from the General, we’ve heard from just about everybody else. The invitation stands because – as it has been for some time – it’s past time.

Disruptive Innovation Helps Fill in the Gaps

Being out of work in today’s economy can be daunting. Even as things continue to improve, finding a job can be tough. In addition to the small number of new positions created each day, the entire hiring process takes longer – despite when you find the perfect job.

Tennessee’s ‘Fighting 26’ Democrats Work to Stay Relevant

Sometimes Tennessee Democrats must feel like a tree that falls in the forest: Does anyone hear them?

Life Events and Your Financial Plan

Ray’s take: The Greek philosopher Heraclitus said, “Nothing endures but change.”

Change – Ready or Not

Recently I wrote a song titled “Some Change.” Literally, the song is about a guy whose gal has not come home: “Thirty minutes past midnight. Where could you be?” Apparently, something like this has happened before: “On one of your road trips, from sea to shining sea?”

Six Best Practices to Boost Sales Efficiency

Thomas Watson, president of IBM in the 1950’s, insightfully declared, “Nothing happens until a sale is made.” A company’s sales effort is the ultimate driver of organizational growth. It is the most critical function within any company and requires advanced training and intestinal fortitude for success.

How the Tennessee Business Court Affects the Business Community

When business disputes cannot be resolved by negotiation or arbitration, the parties involved often turn to litigation. However, these business disputes frequently involve complex, time-consuming and costly proceedings that would be more appropriate in a specialized forum.

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 …

The Objective Leader’s Vision

“Once in a while you get shown the light/In the strangest of places/If you look at it right” – The Grateful Dead

TENNESSEE LEDGER
Nashville Edition

Vols, Titans Fight to Fill Empty Stadium Seats

Pro, college athletic programs search for solutions

When it comes to giving the consumer what it wants, few sports programs can match University of Tennessee football.

Colleges, Pro Franchises Seek Strategies to Keep Millennials Interested

UT and Vanderbilt are accustomed to tough competition from Tuscaloosa, Athens and Gainesville. Likewise, the Titans must deal with the Colts, Steelers and Ravens.

For Vanderbilt’s Williams, It’s Not All About Game-Day Attendance

Vanderbilt, the smallest and only private school in the SEC, has always lagged the league in attendance.

New Park, New Affiliation Deliver for Nashville Sounds

Engagement. Wedding. Honeymoon. That pretty much describes the past year for general manager Garry Arthur and the Class AAA Sounds, who are proudly flashing a sparkling new diamond just north of downtown Nashville.

Success Spurs Attendance for Nashville Predators

Declining attendance was an issue for the Nashville Predators several years ago, but the NHL franchise is no longer skating on thin ice. In fact, they are an excellent example of how an ownership change and recommitment to its core values can turn things around.

Beware of Potential Buyers at Your Door

It’s a little early for Halloween, but that’s not stopping adults dressed as real estate professionals from knocking on doors and looking for handouts.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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