VOL. TMN-10 | NO. 34 | Saturday, August 19, 2017
Memphis Police arrested several people Saturday, Aug. 19, as they attempted to climb the Nathan Bedford Forrest statue in Health Sciences Park and cover the image of the Confederate general, slave trader and Ku Klux Klan Grand Wizard with a white sheet.
With the First Baptist Church – Broad choir singing “Amazing Grace,” the $200-million mixed-use Crosstown Concourse development opened Saturday, Aug. 19, 90 years to the month that the building opened as a Sears-Roebuck store and distribution center.
The story of the Sears tower and Crosstown Concourse
As he was leading tours through Crosstown Concourse this month, Todd Richardson took a small group to a set of windows for a balcony view of an addition being constructed on the north side of the property.
Instead of changing the names of its Confederate-themed parks, Memphis should have been going directly after its Confederate monuments in 2013, before the Tennessee Legislature enacted procedures that seem designed to draw out the process for as long as possible.
Memphis City Council members will discuss and possibly vote Tuesday, Aug. 22, on a resolution that directs the city to act on the “immediate removal and/or sale of Nathan Bedford Forrest statue from Health Sciences Park and statue of Jefferson Davis and related artifacts from Memphis Park.”
Despite unveiling a new look and layout for the proposed Lake District development at a special meeting late Thursday, developer Yehuda Netanel’s plans were put on ice by Lakeland’s Industrial Development Board. That is at least until the matter of a “surprise” foreclosure notice could be sorted out.
Orion Federal Credit Union is in talks to move its corporate headquarters to the former Wonder Bread bakery building.
Nearly 2 million square feet of industrial space near Memphis International Airport has switched hands for a combined $25.9 million in a pair of recently closed deals.
EMPHASIS Commercial Real Estate
In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.
Eighteen months ago, real estate brokers Jacob Biddle and Shane Soefker decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.
The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.
THE MEMPHIS NEWS ALMANAC
1968: James Brown at the Mid-South Coliseum. Brown is touring the nation against a backdrop of two political assassinations – Martin Luther King Jr. in April and Robert Kennedy in June – racial and generational turmoil, and a heightened police response to gatherings like concerts where authorities believe the chance of violence is greater as a result.
A team of scientists that includes researchers from St. Jude Children’s Research Hospital and the Mayo Clinic has made a breakthrough discovery about the causes of Lou Gehrig’s disease, paving the way for the development of treatments.
Ten years removed from the worst financial crisis since the Great Depression, the banking industry has transformed itself and wealth managers say investors remain leery.
If you turn your head and squint your eyes just right, you can almost believe that Davis-Kidd Booksellers is back.
REAL ESTATE & DEVELOPMENT
The Downtown Parking Authority has given its approval to the 481-space parking garage connected to the $73 million Wonder Bread redevelopment, paving the way for developers PGK Properties to seek final approval from the Memphis City Council and Shelby County Commission.
The area surrounding developer Vince Smith's project 266 Lofts, located at the corner of Front Street and Martin Luther King Jr. Avenue, has already seen its share of changes since it broke ground last year, and it’s about to change even more.
The shorter, more compressed drive to a Fairgrounds redevelopment plan feels, at the outset, more certain and much less tentative than versions that surfaced during the administrations of previous mayors Willie Herenton and A C Wharton.
A relatively recent urban legend, as urban legends go, is that the large elevated tract of land along Bellevue Boulevard by the interstate wall is some kind of Indian mound.
A year from opening, organizers of Crosstown High School have secured a $2.5 million, five-year grant from a national education reform group focused specifically on high schools.
During the construction phase, Shelby Farms Park executive director Jen Andrews would often look out her office window and imagine what the new Heart of the Park project would look like when it was done.
Elvis Week was already going to be different this year with Graceland’s recent $137 million expansion and a new landscape across the boulevard from the Whitehaven mansion.
At the end of her year-long tenure as chairwoman of the board of the Memphis In May International Festival, Bobbi Gillis summed up the 2017 festival as “a fast moving roller coaster ride.” Rain wasn’t a problem for the month-long set of events. But lightning and straight-line winds were. MIM president and CEO Jim Holt could joke Thursday, Aug. 10, at the organization’s annual meeting that the festival was “electrifying.”
Shelby County Jury Commission officials have points they always make with citizens on jury duty in Downtown Memphis. And it includes an apology for the parking situation around the Criminal Justice Center and the Judge D’Army Bailey Courthouse, where those called to be on juries will work for a week at a time.
ARTS & ENTERTAINMENT
The founder of Hattiloo Theatre says the black theater company is ready to become more regional and professional in its approach and influence. “Now it’s time for Hattiloo to become a major regional theater,” said Ekundayo Bandele before an opening-night performance of “Ruined.”
There is a distinction to be made between the Republican majorities in the U.S. House and Senate and President Donald Trump, says U.S. Rep. Steve Cohen, one of Trump’s most vocal and virulent critics.
THE TIPPING POINT
There’s a lot Jami Lazarov can’t tell you about her work. The young attorney – three years into her position as a senior associate attorney at Wyatt, Tarrant & Combs LLP – practices the kind of law carried out in high-pressure offices and boardrooms, not high-drama courtrooms. And the specifics stay between Lazarov and her many influential Memphis clients.
L'Ecole Culinaire-Memphis has added Ken Hause its campus director. In his new role, Hause is responsible for overseeing operations of the Memphis campus, including ensuring a rich student experience that leads to employment in the culinary field, while enhancing the school’s reputation for educational excellence, compliance and operational performance.
All those points, all those plays. Riley Ferguson’s record-setting passing. Anthony Miller’s record-setting receiving.
It’s championship or bust for Tennessee senior tight end Ethan Wolf.
Butch Jones let us in on a little secret recently when he said his freshman running backs will play for Tennessee this season.
Seven years ago, the Titans had a young, productive linebacker who was in the final year of his contract and wondering whether his future would be in Tennessee or elsewhere.
The Grizzlies’ 2017-2018 schedule is highlighted by the return of the MLK Game on MLK Day (imagine that) and the one and only visit from the defending NBA champion Golden State Warriors before Halloween.
Change the location. Change the month and the year, too.
THE PRESS BOX
A few weeks ago I was at the Atlanta Braves’ new home, SunTrust Park. Predictably, the Braves were not up to the task of competing with baseball’s best team, the Los Angeles Dodgers.
Rebekah Tashie, co-owner of I Love Juice Bar Crosstown, welcomed customers on the store’s first day of business Monday, Aug. 14. The second I Love Juice Bar in Memphis is open Monday through Saturday from 7 a.m. to 7 p.m. in the West Atrium of Crosstown Concourse.
Peggy Bodine, center, reminisced with classmates at the Trezevant retirement center on Wednesday, Aug. 16. It just so happens that more than 40 residents at Trezevant are Central High School graduates, so the facility held a reunion celebration for them complete with a performance by the current Central High School band.
VIEW FROM THE HILL
Rep. Bryan Terry deals with patients from every demographic caught up in the web of opiates.
“GRANT US WISDOM, GRANT US COURAGE.” Episcopalians sing every week, as I’m sure many of you do, but most of us aren’t listening to the words. Their familiarity has bred if not contempt at least complacence.
Ray’s Take: When it comes to building a portfolio for retirement, your goal shouldn’t be to load up with as many different types of investments as you can in the hopes that you’ll outsmart any fluctuations in the market. Diversification, like all things, has its limits.
The French Riviera is an intoxicating mix of sun, glistening blue water, romance, fast cars and beautiful people wearing oversized sunglasses and stylish clothing straight from the world’s greatest designers.
One of the number one questions I hear from job seekers is, “How long should my job search really take?” It’s a good question. Knowing what’s “normal” can help you to know whether you’re winning or losing at this game we call the job search.
Editor’s Note: Part one in a two-part series. The B2C (business-to-consumer) customer lifecycle is used to describe the phases a customer progresses through when making a purchasing decision and is generally broken down into these five phases: awareness, consideration, purchase, service and advocacy.
Successful innovators may seem cavalier, but really they are vast and complex beings. As the great American poet Walt Whitman said of the prophetic role of a poet, “They contain multitudes.”
“How many of your current board members are actually worth paying? If you had to pay your members what board positions would you fund?” These questions caught our eye as we read a promotional piece for a book about philanthropy.