» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 132 | NO. 143 | Thursday, July 20, 2017

County Pulls Permit for New Rape Crisis-Crime Victims Center

Shelby County government is about to begin a renovation of the former Shelby County Forensic Center building at 1060 Madison Avenue to convert it into the new offices of the Rape Crisis Center and the Crime Victims Center.

Madison @ McLean Project Awarded 14-Year Tax Abatement

Local multifamily development group Makowsky Ringel Greenberg has been awarded a 14-year tax abatement to construct a 132,477-square-foot, 108-unit apartment complex in Midtown Memphis.

T&B Granted 15-Year PILOT to Relocated Corporate HQ

Memphis-based Thomas & Betts has been awarded a 15-year PILOT (payment-in-lieu-of-taxes) to relocate its corporate headquarters from Southwind to the Ridgeway Center in East Memphis and consolidate its regional research and development functions.

AutoZone’s Engine Starting to Stall

AutoZone’s stock price is pointed in the opposite direction it’s been accustomed to for years now. Shares of the Memphis-based auto parts retailer are down more than 30 percent since the end of January. Needless to say, that’s an unusual place for the company, which continues to open new stores at a steady clip.

Riverfront Concept Plan Intersects With Many Others About Key City Asset

The Memphis riverfront is hardly a blank canvas. But you would never know that from the number of plans there have been over several decades to make it more of a “front door” for the city – to borrow a phrase from more than a few of those reports.

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: East at 9.2 mph
Humidity: 42%

EVENTS

The Metal Museum will host the “Cu in Summer: Inspirations” opening reception and sale Thursday, July 20, from 5 p.m. to 7 p.m. at 374 Metal Museum Drive. The exhibition features works created by students ages 14-17 who participated in the museum’s six-week summer program. All proceeds go directly to the students. Visit metalmuseum.org.

more events »

Last Word: Closing the Door, Midtown Rents and Red West's Many Roles

It didn’t take the Shelby County Commission very long Wednesday to close the door on its budget season – about 20 minutes in the day’s special meeting to approve a county property tax rate of $4.11 on third and final reading. That’s not a quick up or down vote. And it took just a bit longer because there is still some discussion about whether this was a reduction in the tax rate or a tax cut in the sense that a homeowner in Shelby County would understand the term.

Fred’s Appoints New Chief Financial Officer

Memphis-based Fred’s Inc. has appointed Jason Jenne as executive vice president and chief financial officer, effective immediately.

Memphis Music Initiative to Occupy Old Downtown Firehouse

The old firehouse at the corner of B.B. King Boulevard and Martin Luther King Jr. Avenue has gone through many incarnations since the 1800s, including stints as a recording studio, nightclub and pop-up beer garden.

Mock Election In ‘19 Could Test Ranked Choice Voting

The Shelby County Election Commission could hold a public mock election of what is called Ranked Choice Voting in 2019, ahead of city of Memphis elections that year.

GUEST OP-ED

Memphis 3.0? Let’s Make Memphis 10.0

Lately I’ve been asking myself a question, “What would it take for Memphis to reduce poverty by 50 percent in the next 15 years?” Furthermore, “What would it take for Memphis to be the size of New York in 50 years?”

REAL ESTATE RECAP

Atlanta Retail Investor Makes $29M Purchase

In this week’s Real Estate Recap, an 18-acre shopping center in the heart of Bartlett sells for $28.8 million, Ulta Beauty prepares to build out its space in Poplar Commons, and Dave & Buster’s continues work on its first Memphis location...

VIEW FROM THE HILL

Legislature’s End Game on Guns: No Rules at All?

If you think the state Legislature is full of gun nuts, Rep. Micah Van Huss begs to differ.

LOCAL COLUMNISTS

Costa Brava Brings Spanish Coast to Life

Calella de Palafrugell is an instance of pictures not doing a place justice, particularly the views from our Hotel Sant Roc perched on the rocks above the sea.

SNAPSHOT

Snapshot: Downtown’s Latest Boutique

The framework of a 140-room Hilton Garden Inn across Union Avenue from AutoZone Park is taking shape. Formerly a Greyhound bus station, plans for the 1.3-acre property were originally announced in March 2014 when Nitinkumar “Nick” Patel with Knoxville-based Turkey Creek Hospitality purchased the site. Turkey Creek also acquired an adjacent parking lot and plans to develop a Holiday Inn Express there.

SPORTS

Former Auburn Coach Tuberville Joins ESPN as Game Analyst

Former Auburn and Cincinnati coach Tommy Tuberville is joining ESPN for the upcoming season as a game analyst.

STATEWIDE

Tennessee Education Coalition Focuses on Teacher Diversity

NASHVILLE, Tenn. (AP) – A new report released by a group of Tennessee educator preparation programs focuses on eliminating the barriers preventing diverse candidates from choosing teaching as a career.

REGIONAL NEWS

Riverfest Suspending Event After 40 Years in Little Rock

LITTLE ROCK, Ark. (AP) – Little Rock's annual music festival, Riverfest, is suspending operations after four decades.

LEGAL AFFAIRS

Justices Uphold Refugee Ban But Say Grandparents Still OK

WASHINGTON (AP) – The Supreme Court says the Trump administration can strictly enforce its ban on refugees, but is leaving in place a weakened travel ban that includes grandparents among relatives who can help visitors from six mostly Muslim countries get into the U.S.

CONSUMER NEWS

Will a Sugar Deal With Mexico Affect US Treat Prices?

NEW YORK (AP) – Are Americans getting a raw deal on sugar prices?

Made-In-USA Goods Can Be Pricey and Elusive. Just Ask Trump

WASHINGTON (AP) – President Donald Trump's push this week to get Americans to buy goods "made in America" is harder than it might seem.

MEDICAL NEWS

Brain Scans May Change Care for Some People With Memory Loss

WASHINGTON (AP) – Does it really take an expensive brain scan to diagnose Alzheimer's? Not everybody needs one but new research suggests that for a surprising number of patients whose memory problems are hard to pin down, PET scans may lead to changes in treatment.

T&B Granted 15-Year PILOT to Relocated Corporate HQ

Low voltage electrical and commutations products manufacturer, Thomas and Betts has been awarded a 15-year PILOT (payment-in-lieu-of-taxes) to relocated its corporate headquarters and consolidate its regional research and development functions.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

Weekly Edition

Issues | About

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