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VOL. 129 | NO. 190 | Tuesday, September 30, 2014

Smart Growth Plan Sets Stage in Germantown

In 2007, the city of Germantown adopted its Smart Growth plan and accompanying zoning regulations, which promoted more walkable, accessible mixed-use development in its central business district and surrounding neighborhoods.

Neighborhood Art

South Main to unveil new public art project

Downtown’s South Main neighborhood may have been part of the first official arts district in the city of Memphis, but that’s not been exactly obvious while looking around on a drive or walk through the area.

African-American Icons Highlight Freedom Awards

The National Civil Rights Museum will honor journalist Charlayne Hunter-Gault, Freedom Summer icon Bob Moses and baseball Hall of Famer Frank Robinson at the 2014 Freedom Awards.

Baptist Memorial Health Care Cutting 112 Jobs

Baptist Memorial Health Care Corp. is eliminating 112 jobs across its three-state service area as a cost-cutting measure.

Last Day for Shelby County Emergency Chief

MEMPHIS, Tenn. (AP) – Shelby County emergency management chief Bob Nations says he is not being re-appointed by Mayor Mark Luttrell to the position.

Local Weather
Currently
Memphis, TN
75.0°F
Mostly Cloudy
Wind: Southeast at 5.8 mph
Humidity: 48%

EVENTS

American Marketing Association, Memphis Chapter will meet Tuesday, Sept. 30, from 11:30 a.m. to 1 p.m. in the Lipscomb & Pitts Building, 2670 Union Ave. Jeremy Park, president of the Lipscomb Pitts Breakfast Club, will present “Giving Back With a Purpose: The Shift in Corporate Engagement and Cause Marketing.” Cost is $15 for members and $25 for nonmembers. Visit memphisama.org.

more events »

Real Estate Experts Look at Impact of North Mississippi

Six years after the real estate bubble burst nationally, the recovery of the commercial and residential sectors in Memphis is slower than in other parts of the country. But they are recovering on their own new terms, say the incoming president of the Memphis Area Association of Realtors, the president of the West Tennessee Home Builders Association and a mortgage lender.

Accredo Adding 50 Jobs in Memphis

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Ole Miss, Memphis Move on to Next Hurdles

Before they played the game, Ole Miss coach Hugh Freeze suggested it amounted to the “Super Bowl” for the University of Memphis. But in many respects it was more of a Blooper Bowl for both teams.

Trolley Report First Challenge for MATA Leader

For the new president and general manager of the Memphis Area Transit Authority, last week’s report on the authority’s grounded trolley system was an introduction to one part of the long-term challenges facing the agency that is public transportation in Memphis.

REAL ESTATE RECAP

Stonebridge Crossing Sells for $29.8 Million

9135 Morning Ridge Road, Memphis, TN 38016, Sale Amount: $29.8 million -
The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

LOCAL COLUMNISTS

Leadership and Fundraising

“... The true leader can be recognized because somehow or other his people consistently turn in superior performances. ... A leader is great, not because of his or her power, but because of his or her ability to empower others. Success without a successor is failure.”

STATEWIDE

Lane College in Jackson Plans Layoffs

JACKSON, Tenn. (AP) – Lane College President Logan Hampton says he must cut staff to align expenses with current revenues.

NATIONAL BUSINESS

ATM Fees Keep Climbing, Survey Says

LOS ANGELES (AP) – The penalty for using an ATM that is not affiliated with your bank rose 5 percent over the past year.

US Consumer Spending Up 0.5 Percent in August

WASHINGTON (AP) – Americans boosted spending by a healthy amount in August, offering welcome evidence that the economy is on solid footing heading into the final quarter of the year.

Macy's Joins Others in Big Holiday Hiring Spree

NEW YORK (AP) – Macy's plans to hire about 86,000 seasonal holiday workers nationwide to bolster its stores, call centers and distribution hubs, a 3.6 percent increase from last year.

REAL ESTATE

Contracts to Buy US Homes Slide in August

WASHINGTON (AP) – Fewer Americans signed contracts to buy homes in August, suggesting that real estate sales will remain sluggish over the next few months.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 0 175 12,208
MARRIAGE LICENSES 29 121 4,478

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