VOL. 132 | NO. 143 | Thursday, July 20, 2017
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.
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.
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 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.
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.
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.
Memphis-based Fred’s Inc. has appointed Jason Jenne as executive vice president and chief financial officer, effective immediately.
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.
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.
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
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
If you think the state Legislature is full of gun nuts, Rep. Micah Van Huss begs to differ.
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.
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.
Former Auburn and Cincinnati coach Tommy Tuberville is joining ESPN for the upcoming season as a game analyst.
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.
LITTLE ROCK, Ark. (AP) – Little Rock's annual music festival, Riverfest, is suspending operations after four decades.
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.
NEW YORK (AP) – Are Americans getting a raw deal on sugar prices?
WASHINGTON (AP) – President Donald Trump's push this week to get Americans to buy goods "made in America" is harder than it might seem.
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.
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.