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VOL. TMN-9 | NO. 34 | Saturday, August 20, 2016
Weekly Issue

Defining Transparency

Strickland’s administration streamlines communication, with restrictions

When Memphis Mayor Jim Strickland was finally ready to tell the public who he was appointing as Memphis’ next police director – the culmination of one of the most consequential decisions he’s faced so far during his more than seven months in office – the first word of that choice didn't come via a news outlet. Nor did the mayor call a press conference, at least not immediately.

Shelby County Democratic Party Decertified

The Shelby County Democratic Party no longer exists.

EDITORIAL

Editorial: The Vigil, the Protest and MPD’s Show of Force

Another show of force by Memphis Police at another protest.

Snapshot: Back into Orbit

Workers from Balton Sign Co. reassemble the newly restored "Sputnik" sign. The 54-year-old Roto-Sphere at Joe's Wines & Liquor on Poplar Avenue at North Belvedere Boulevard is a Midtown landmark.

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‘Difficult Year’ Leads To One Beale Delay

The pair of skyscrapers meant for the corner of Beale Street and Riverside Drive have hit a few roadblocks, but Chase Carlisle hopes that construction will begin on the One Beale project within a year.

EMPHASIS Commercial Real Estate

Downtown Office Market Picking Up, Industrial Market Could Get Hotter

Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.

Boyle Investment's New CFO Brings Investment Banking Background to Post

Memphis-based Boyle Investment Co. has shaken up its executive staff in promoting Matt Hayden as CFO and treasurer. Hayden joined the real estate company in 2014 as part of a succession plan for Charles Claiborne, who held the position since 1983.

A1 Electrical Sparks Successful Move To Predominantly Commercial Work

A1 Electrical Contractors president Willie Frazier knows how to adapt his company’s business model to achieve success. Over the company’s history, A1 has shifted from doing only residential work in its early years to today handling 95 percent commercial work.

THE MEMPHIS NEWS ALMANAC

August 19-25, 2016: This week in Memphis history

2013: First varsity football game for Lausanne Collegiate School. Lausanne beat Fayette Ware High School 47-28.

REAL ESTATE & DEVELOPMENT

City, Wiseacre Set to Discuss Brewery’s Proposal for Coliseum

The first order of business is to figure out what the city and the owners of Wiseacre Brewing Co. are negotiating about when it comes to Wiseacre’s proposal to convert the Mid-South Coliseum into a brewery.

Malco Theatres Project Lands $125K Grant

Malco Theatres hopes to start construction next month on its boutique movie theater Downtown thanks to a hefty grant from the CCDC.

REAL ESTATE RECAP

Largest Multifamily Sale Takes Place for $39.1M

8285 Irene Blvd., Memphis 38125 -
The Greens at Irene apartment community in southeast Memphis has sold for $39.1 million.

ARTS & ENTERTAINMENT

Son of ‘Famous Amos’ Cookie Maker Mixing His Own Batch of Blues and Soul

If you were to cherry-pick parts of his story, it makes all the sense in the world that Shawn Amos – and today he goes by the Rev. Shawn Amos – is a blues singer and a harmonica player. It even makes sense that he speaks of having to “reconcile” who he has been and who he is.

ECONOMIC DEVELOPMENT

Owens Corning Faces PILOT Reduction for Lack of Diversity Spending

EDGE is showing its teeth. For the first time in the history of the Memphis-Shelby County Economic Development Growth Engine and its predecessor, the Industrial Development Board, the entity is considering punitive measures for a company that failed to meet requirements about diversity contracting.

EDUCATION

ASD Financial Control Shifts to Nashville

A performance audit report on the Achievement School District by Tennessee Comptroller Justin Wilson released this week is critical of the financial controls in place at the state-run school system for the lowest-performing schools in the state.

School Leaders, Teachers Not On Same Page

A survey of 30,000 educators across Tennessee shows significantly more school administrators than teachers tend to believe disciplinary policies are effective.

MEMPHIS NEWSMAKERS

Westminster Names Sparks Head of Upper School

Amanda Sparks has joined Westminster Academy as the head of upper school for the 2016-17 school year. Sparks, who previously was principal of Haw River Christian Academy in Pittsboro, N.C., will lead the upper school faculty and staff in providing classical academics and a Christian culture for grades 7-12.

HEALTH CARE

UTHSC Professor Awarded $100K for Breast Cancer Research

A $100,000 grant from the National Cancer Institute to a University of Tennessee Health Science Center professor to study a certain type of breast cancer is the latest example of a groundswell of efforts in Memphis to fight the disease.

GOVERNMENT & POLITICS

Collierville, Millington Mayoral Races Top Suburban Ballots in November

The mayors of Collierville and Millington are running for re-election on the November ballot and as the noon Thursday, Aug. 18, filing deadline approaches for the Bartlett, Germantown, Collierville and Millington municipal ballots the two mayors have challengers.

Animal Shelter Moves Toward Three-Year Action Plan

The Memphis Animal Shelter should have a three-year action plan by the end of October to end the killing of pets at the shelter for time and space considerations.

FINANCIAL

Fed Numbers Show Memphis-Based Banks Getting Bigger, More Profitable

A lingering story among banks based in Memphis is that the biggest banks keep getting bigger. And new figures from the Federal Reserve Bank of St. Louis show that trend continued uninterrupted in the second quarter.

ENTREPRENEURSHIP

Memphis College of Art and EPIcenter Lay Groundwork for More Collaboration

Piece by piece, organizations in Memphis keep building up and adding fresh elements to the city’s startup, creative and entrepreneurship culture here.

Collaboration Among Accelerators Hailed as Ultimate Startup Move

Last year’s Demo Day marked the first time that the city’s primary entrepreneurship partners, Start Co. and Memphis Bioworks, combined their separate efforts into one event. This year soared past previous collaborative efforts, with seven different accelerators and three partners participating in Demo Day, the culminating pitch event for Memphis-based companies seeking the next stage of investment.

STARTUP CONFIDENTIAL

Murphy: Allow Yourself to Be Guided

When you open the website of Playback Memphis, the 8-year-old nonprofit founded by Virginia Murphy, the first thing you see is a banner memorializing Verdell Smith, the Memphis Police officer who was killed on June 4 by a criminal in a speeding car fleeing a Downtown shooting. In the picture, Smith is in uniform, smiling broadly, holding a sign that says, “I matter.”

THE TIPPING POINT

Woods Trains Memphians for 21st-Century Jobs

Memphis stands at the threshold of incredible possibility. In this series, we introduce innovative Memphians who are driving our city forward and forging its future success.

NONPROFIT SECTOR

DeafConnect Gets New Director, Website

A local nonprofit dedicated to deaf, deaf-blind and hard of hearing resources, is welcoming some big changes this month with a new executive director and a fresh website platform.

DOWNTOWN

Hotel Napoleon Joins Growing List of Unique Downtown Lodging

A Downtown property’s ample windows, turn-of-the century architecture and an interesting backstory attracted hotel developer Suna Investments to the historic Winchester Building at 179 Madison Ave.

TECHNOLOGY

Rhodes Junior Builds High-Ranking iOS App

Rhodes College junior Will Cobb, a computer science major, still can’t believe it.

SPORTS

Arkansas All-American Walk-On Burlsworth Now the Subject of Film

Black horn-rimmed glasses. Those were offensive lineman Brandon Burlsworth’s trademark, and they were prominent even behind the facemask of his Arkansas Razorbacks helmet.

Aggies DE Garrett: Talented And ‘Low Maintenance’

He’s a first-team All-American, possibly could be the first pick in the 2017 NFL Draft, and his head coach has called him “low maintenance.”

Can Alan Zucker Do for Titans’ Marcus Mariota What He’s Done for Mannings & Taylor Swift?

As an NFL quarterback, Sunday is show time for Marcus Mariota. That’s when he suits up and does everything in his power to help the Tennessee Titans win football games.

Credit Mariota’s Maturity for Murray Touchdown Run

One of the most electrifying plays of the Tennessee Titans preseason opening win should make fans feeling much better about the team for the coming season.

Vols Offensive Line Rushing Into Much-Anticipated Season

Jalen Hurd knows right where he stands among Tennessee’s running backs of the past and wants to be No. 1 in career rushing yards at the end of the 2016 season.

Sports Notebook: Norvell and Tigers Making Mark in Recruiting

One spot behind Wisconsin and just ahead of Kentucky, 44th nationally. That’s where scout.com has the University of Memphis in its recruiting rankings for the class of 2017. Maybe even more telling is that first-year Tigers coach Mike Norvell and his staff aren’t that far behind Texas (40th) or Oregon (35th) or Ole Miss (31st).

LAW ENFORCEMENT

Police Separate Elvis Fans From Protesters

The latest Black Lives Matter movement protest included a show of force by Memphis Police that included plenty of questions about how police functioned as gatekeepers for Graceland’s annual candlelight vigil.

LETTER TO THE EDITOR

What Would Elvis Think of Black Lives Matter?

The Black Lives Matter movement gathered at Graceland during Elvis Week to have their voices heard. One question I wonder about is, what would Elvis had thought of this? It may seem like a trivial question, but there are relevant lessons.

LOCAL COLUMNISTS

Cool Shades

SHADES OF THE FUTURE. We were talking about sunglasses and how you see things through them.

Money Lessons They Don’t Teach in School

Ray’s Take Less than half of states in the U.S. require the students at public high schools to take a personal finance class before they graduate. So, many young people learn through the “school of hard knocks” once they get out in the real world.

Getting Mile High in Denver

Get out of Dodge. That was the only thing on my mind as we pulled out of downtown Dodge City, Kansas, and pointed the rental car north through the amber waves of grain that stretched for miles on both sides of the two-lane highway in rural Kansas.

Deutschland Debacle: But Did She Get the Theme?

The bus arrived at Nuremberg’s Neues Museum. That would be in Germany. A group disembarked. Among them was a 91-year-old woman, whose name has not been released at this time. For purposes of this column, we shall call her Frau K.

Matlock the ‘Truth,’ ‘Justice’ Candidate For Tennessee House Speaker

Republican state Rep. Jimmy Matlock insists his quest for the House Speaker’s post is not a challenge of Beth Harwell’s leadership.

Olympics Lesson: Age Is Just a Number

Our age can be a big concern, especially if we’re looking for a job. Of the job seekers I speak to, approximately 25 percent of them have real concerns about their growing age. Questions include: Is it too late to change career paths? Is it too risky to look for another job? Will a hiring manager take me seriously? What about all of the younger job seekers out there?

4 Proven Plays to Win Referrals

It’s not news that creating an active referral pipeline is a game-changer for B2B sales teams. A recent Nielsen consumer insights survey revealed that up to 92 percent of people trust word-of-mouth recommendations from friends over any other form of advertising.

Brand Essence: The Rock ‘n’ Roll of Business, Part 1

Editor’s note: Part one of a three-part series. Like famous musicians, effective brands maintain a certain sway over those who come into contact with them, a sense of awe and authority that translates talent, focus and hard work into an essence that communicates instantly.

You’ve Raised the Money, Now How Do You Keep It?

Editor’s note: Part one of a two-part interview with Leland FaustFinancial management and investing is critical to the sustainability of nonprofits. As a board member or trustee you have a fiduciary responsibility. But how do you fulfill that responsibility? What do you need to know as it relates to financial management and investment?

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 82 82 19,655
MORTGAGES 75 75 22,989
FORECLOSURE NOTICES 7 7 8,311
BUILDING PERMITS 138 138 40,167
BANKRUPTCIES 72 72 13,176
BUSINESS LICENSES 9 9 6,146
UTILITY CONNECTIONS 52 52 13,048
MARRIAGE LICENSES 30 30 4,872

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