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VOL. 132 | NO. 166 | Tuesday, August 22, 2017

Crosstown Concourse Opens With High Hopes

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 & Co. store and distribution center.

Confederate Monuments Controversy Comes to City Hall

The question of timing in removing two Confederate monuments from city parks arrives at City Hall Tuesday, Aug. 22.

Fairgrounds Plan Will Consider Familiar Items

The Fairgrounds redevelopment plan forming on a fast track will probably look familiar as far as the elements proposed for it.

SNAPSHOT

Eyes on the Sky for Solar Eclipse

Hundreds of Memphians and travelers across the South gathered at the Pink Palace, Shelby Farms and watch parties across the city Monday, August 21, 2017, to observe the partial solar eclipse.

Local Weather
Currently
Memphis, TN
69.0°F
Partly Cloudy
Wind: West at 10.4 mph
Humidity: 39%

EVENTS

The Downtown Neighborhood Association will meet Tuesday, Aug. 22, at 6 p.m. on Pembroke Square’s rooftop deck, 125 S. Main St. Riverfront Development Corp. president Benny Lendermon and vice president Dorchelle Spence will present the “State of our Riverfront.” Cost is free for DNA members and $10 for visitors. Visit memphisdna.org for details.

more events »

Leaders: Memphis Startup Ecosystem Needs More Funding to Grow

In the days following Memphis’ latest startup Demo Day event, after new startup funding announcements, after former U.S. chief technology officer Megan Smith even gave Memphis’ startup community a shoutout on Bloomberg TV, it might seem like the startup scene here is having a moment.

THE PRESS BOX

A Season for Rethinking Options Makes Sense at This Point

After another first-round playoff exit this spring, a very direct question was put to All-Star center Marc Gasol:

EDUCATION

Memphis College of Art Offers New Program for Fashion Studies

Memphis College of Art and the Memphis Fashion Design Network have teamed up to launch a Fashion Design Certificate Program that starts this fall.

LOCAL COLUMNISTS

Know the Strata

Both innovation and strategy work include methods of problem solving. When organizations make mistakes, it is often because they suffer some form of myopia and have too narrow a perspective.

If You Can’t Raise It, Save It

We recently heard the phrase “small up.” It means to look wisely at your resources and find ways to live with less while retaining your focus on what’s important. While the phrase is being used within the context of personal finance, it is one that can have value to a nonprofit.

EMPHASIS Commercial Real Estate

Amid Retail and Industrial Successes, DeSoto Office Market Lags

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

South City Redevelopment Activity Heating Up

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.

Avison Young’s Memphis Office Uses Diversified Approach

Eighteen months ago, real estate brokers Shane Soefker and Jacob Biddle 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.

STATEWIDE

State's Coal Ash Case Against TVA Sent to Federal Court

NASHVILLE, Tenn. (AP) — The state of Tennessee's lawsuit over claims of coal ash pollution at a power plant run by the nation's largest public utility is now in federal court.

REGIONAL NEWS

Greenville Leaders Debate How to Spend Local Casino Revenue

GREENVILLE, Miss. (AP) — Leaders in one Mississippi city want to put all the local casino revenue into the city budget instead of giving some to the schools.

US NEWS

Historic Eclipse Turns Day into Night Across the US

Millions of Americans gazed in wonder through telescopes, cameras and disposable protective glasses Monday as the moon blotted out the sun in the first full-blown solar eclipse to sweep the U.S. from coast to coast in nearly a century.

Eclipse Watchers Flock to Tennessee Sites

NASHVILLE, Tenn. (AP) — Eclipse watchers in Tennessee donned protective eyewear and trained their eyes on the sky as they gathered at parks, wineries, rooftops, baseball games and a zoo to watch the rare celestial event.

University of Texas in Austin Removes Confederate Statues

AUSTIN, Texas (AP) — The University of Texas quickly removed statues of Robert E. Lee and other prominent Confederate figures overnight from the main area of the Austin campus, a spokesman said Monday morning, just hours after the school's president ordered they be taken down.

West Virginia Governor Has No Plans to Remove Jackson Statue

CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice is denouncing violence by white supremacists and neo-Nazis in neighboring Virginia but indicates he has no immediate plans to act on requests to remove a statue of Confederate Gen. Thomas "Stonewall" Jackson from the Capitol grounds in Charleston.

NATIONAL GOVERNMENT

Ryan to Face Voters Following Trump Nationwide Address

MADISON, Wis. (AP) — House Speaker Paul Ryan will be taking questions from Wisconsin voters during a nationally televised town hall meeting Monday night immediately following President Donald Trump's address on Afghanistan.

INTERNATIONAL NEWS

Navy Chief Orders Probe into Pacific Fleet After Collisions

SINGAPORE (AP) — The U.S. Navy ordered a broad investigation Monday into the performance and readiness of the Pacific-based 7th Fleet after an early morning collision between the USS John S. McCain and an oil tanker in Southeast Asian waters left 10 U.S. sailors missing and others injured.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 128 17,998
MORTGAGES 155 155 20,990
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 149 149 36,765
BANKRUPTCIES 60 60 11,985
BUSINESS LICENSES 19 19 5,696
UTILITY CONNECTIONS 49 49 12,297
MARRIAGE LICENSES 40 40 4,518

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