Memphis City Council members vote Tuesday, Aug. 28, on a special-use permit to turn the land on the northeast corner of South Main Street and Beale Street into a surface parking lot with landscaping.

2. Bredesen Seeks Rural Broadband Access Through TVA - Wednesday, August 22, 2018

Former Tennessee Gov. Phil Bredesen is calling for congressional action enabling the Tennessee Valley Authority to deliver broadband internet access to rural parts of the state, a plan his opponent, U.S. Rep. Marsha Blackburn, says would be “anti-competitive.”

3. Why Local One Commerce Square Owners Are Selling to Out-of-State Investors - Wednesday, August 15, 2018

After successfully renovating the 29-story iBank Tower in Downtown Memphis, the work is done for a group of prominent Memphis investors as they prepare to sell the office building to a new owner with deeper pockets.

4. Commercial Appeal, Amazon Eying New Locations - Monday, August 6, 2018

262 Danny Thomas Place
Memphis, TN 38105

Permit Amount: $412 million

Project Cost: $330 million

5. Following Merger, First Tennessee Executive Encourages Memphians to Embrace Change - Friday, July 20, 2018

Sometimes, your career chooses you. For Darin Johnson, he always knew he wanted to combine his love of numbers and people. “Since I was a kid, I’ve loved numbers,” Johnson said. “In fact, we didn’t have voicemail when I was a kid, so I would memorize everyone who would call and all of their numbers."

6. Heat Wave - Saturday, July 14, 2018

After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat? 

7. Pathways to Growth - Saturday, July 7, 2018

A group of nonprofits and banks have created a program to increase lending to Memphis-area minority- and women-owned businesses. Last month, entrepreneurial hub Epicenter and Pathway Lending launched the $15 million Memphis Small Business Opportunity Loan Fund, which is aimed at helping small businesses improve their access to capital.

8. Triplett Returns to Ensafe as Director of Design Engineering - Wednesday, June 27, 2018

After beginning his career with EnSafe in 1990 and working his way up to project manager and lead engineer over the next 17-plus years, Chris Triplett has rejoined the company as its director of design engineering. He spent the past decade working with Barge Design Solutions, and in his new role Triplett will provide leadership to EnSafe’s corporate engineering design group for design execution and delivery. He will also work closely with clients across EnSafe’s landscape to understand their needs and to provide engineering solutions.

9. One Beale, St. Jude, Sedgwick Projects Move Forward - Monday, June 4, 2018

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

10. Gregory Realty Grows Industrial Portfolio - Saturday, June 2, 2018

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

11. Gregory Realty Grows Industrial Portfolio - Thursday, May 31, 2018

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

12. Gregory Realty Grows Industrial Portfolio - Wednesday, May 30, 2018

Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Rd. and 3900 Perkins Cut Off Rd. for just over $1.6 million.

13. Wells Fargo Reportedly Altered Customer Docs; Exec Retires - Friday, May 18, 2018

NEW YORK (AP) – Wells Fargo employees in its wholesale banking business allegedly improperly altered information on documents related to corporate customers, The Wall Street Journal reports.

14. Two Large Industrial Portfolios in Southeast Memphis Sold - Monday, May 7, 2018

4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio)

Sale Amount: $21.8 million

Buyer: Faropoint Ventures

Buyer Rep: Brian Califf, NAI Saig Co.

15. Memphis Army Depot, CA Building Get New Owners - Monday, April 30, 2018

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

16. Novel Approach - Saturday, March 10, 2018

The smallest of the city’s 17 public libraries is also one of its most used. The Frayser Branch library is a brick-and-glass rectangle on a half-acre at 3712 Argonne St. With some modest columns and shrubs, a few planters and cinderblock lattice work, it is shoe-horned into the side of a hill in a residential neighborhood a block from the commercial corridor of North Watkins Road still dominated by churches.

17. AgLaunch Finds Traction In Intersection of Startups, Investors and Farmers - Wednesday, March 7, 2018

Jan Bouten, a partner in Innova, the local early stage investment capital group, has some basic standards when deciding on startup companies to invest in.

He looks for “a solid team with a lot of experience in business” and the founders of AgriSync, an Iowa ag tech startup, checked that box.

18. Trey Carter Honored Among Top 35 Millennial Influencers - Wednesday, March 7, 2018

Patrick “Trey” Carter III has been named one of the Top 35 Millennial Influencers in the Country by the Next Big Thing Movement, a global network of more than 20,000 young professionals and creatives. Carter, president of Olympic Career Training Institute and an active community volunteer, is the only Tennessean to be included on the list. He will be honored Saturday, March 10, at NBTM’s Forward Conference in New York City alongside other influencers, including “The Daily Show” host Trevor Noah, Teen Vogue editor Elaine Welteroth and YouTube vlogger Tyler Oakley.

19. New Construction North Of State Line Highlights Busy Q4 - Friday, March 2, 2018

A flurry of large-scale build-to-suit projects north of the Tennessee-Mississippi state line – the first of their kind in a decade – capped off a busy 2017 for the Memphis industrial market, which closed the fourth quarter with 665,896 square feet of net absorption, according to Cushman & Wakefield/Commercial Advisors’ latest Marketbeat report.

20. RBG Promotes Callicutt To Audit Partner - Wednesday, February 28, 2018

Accounting firm Reynolds, Bone & Griesbeck PLC recently promoted Joseph D. Callicutt Jr. to audit partner from the position of senior audit manager. Callicutt, a certified public accountant and 10-year RBG employee, works exclusively in the financial institutions industry niche and oversees audit, tax and consulting services, including outsourced internal audit, interest rate risk management, bank profitability and efficiency, and strategic planning facilitation for RBG’s financial institution clients. 

21. City Council Approves 2 Percent Gas and Electric Rate Hikes - Wednesday, February 7, 2018

Memphis City Council members approved gas and electric rate hikes Tuesday, Feb. 6, for Memphis Light Gas and Water Division effective in July.

The two percent rate hikes for each of the sectors came after a prolonged council debate and a council vote that initially voted down the 2 percent rate hike for gas.

22. Retail Workers Feel Disruption From Shifting Shopper Habits - Tuesday, January 9, 2018

NEW YORK (AP) – With new options and conveniences, there's never been a better time for shoppers. As for workers ... well, not always.

The retail industry is being radically reshaped by technology, and nobody feels that disruption more starkly than 16 million American shelf stockers, salespeople, cashiers and others. The shifts are driven, like much in retail, by the Amazon effect – the explosion of online shopping and the related changes in consumer behavior and preferences.

23. Gibson Guitar Factory Property Fetches $14.4M, New Midtown Tiki Bar Opening Soon - Monday, January 1, 2018

145 Lt. George W Lee Ave.

Memphis, TN 38103

Sale Amount: $14.4 million

Sale Date: Dec. 27, 2017

Buyer: Somera Road Inc., Tricera Capital

24. Summer Ave. Retail Building Gets New Owner - Thursday, December 28, 2017

A 10,000-square-foot retail building on Summer Avenue has sold for $500,000.

Commercial Capital Group LLC purchased the property at 4798 Summer Ave., which currently houses Plasma Biological Services, from Irvin D. Califf, the Sue Ballin Family Trust and M.N. Silverman. NAI Saig Co. executive vice president Brian Califf and executive sales associate Daniel McPhail represented the sellers in the deal.

25. Insurer Humana Pushes Deeper Into Delivery of Health Care - Wednesday, December 20, 2017

Humana will buy part of Kindred Healthcare's home health business, the latest example of a health insurer growing more involved in the delivery of care on top of handling the bills for it.

The insurer said Tuesday it will pay about $800 million in cash for a 40-percent stake in the business, which includes hospice care and serves about 130,000 patients daily. The remaining stake will be purchased by the private equity firms TPG Capital and Welsh, Carson, Anderson & Stowe.

26. 2017 a Year of Expansion for Memphis Banks - Wednesday, December 20, 2017

The biggest banks in Memphis made aggressive pushes this year to raise their profiles and expand footprints, as competition in the sector heats up and the industry continues winning back the strength it enjoyed before the bust of 2008.

27. Cooper-Young Historic District, Shelby Farms Mixed-Use Project Approved by LUCB - Friday, December 15, 2017

During its last meeting of 2017, The Shelby County Land Use Control Board tackled a particularity large slate of notable projects, including a massive $142 million mixed-use development on the outskirts of Shelby Farms and the fate of Cooper-Young’s Landmarks status.

28. Gibson Guitar Factory Sale Clears First Hurdle - Tuesday, December 12, 2017

The Center City Revenue Finance Corp. approved a lease transfer request by the new owners of the Gibson Guitar Factory in Downtown Memphis on Tuesday Dec. 12, effectively clearing the way for the lengthy redevelopment process to begin.

29. Shelby Farms Draws $142 Million, 71-Acre Development - Monday, November 13, 2017

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

30. Shelby Farms Draws New 71-Acre, $142M Development - Friday, November 10, 2017

In a joint venture with Charles Crews of Crews Investment Holdings, Nashville-based Elmington Capital Group has submitted plans to the Office of Planning and Development for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park.

31. Nashville Developers Planning Massive 71-Acre Project Near Shelby Farms - Wednesday, November 8, 2017

Nashville-based Elmington Capital Group has submitted plans to the Office of Planning and Development for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park.

32. Real Estate Market In Focus At Seminar - Tuesday, October 31, 2017

The Daily News will host its annual Commercial Real Estate Review & Forecast Seminar on Thursday, Nov. 2, at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

33. Clicking on All Cylinders - Saturday, October 28, 2017

Memphis is a city on the precipice of change as projects that were once deemed impossible – like ServiceMaster’s Downtown headquarters or Crosstown Concourse – have emboldened developers and city officials to shoot for the moon.

34. Effects Of E-commerce, Amazon Among Seminar Topics - Wednesday, October 25, 2017

The growth of e-commerce has been one of the most transformative trends in real estate over the past few years and Memphis’ unique geography has it poised to reap the benefits.

While the more traditional industrial projects like Amazon’s proposed 615,440-square-foot receiving center at 3292 Holmes Road or DHL’s planned 580,000-square-foot distribution facility less than a mile to the south come to mind, the ripple effects of this can be felt in other areas as well, such as in typical brick-and-mortar retail operations.

35. Seminar To Feature ULI Emerging Trends Report - Thursday, October 19, 2017

For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art.

The report will immediately precede TDN’s Commercial Real Estate Review & Forecast Seminar, where a panel of local real estate experts will discuss how these trends will affect the Memphis area.

36. Shelby County to Overhaul Criminal Justice Center - Monday, October 16, 2017

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

37. Germantown Medical Office Sells for $16M - Monday, September 18, 2017

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

38. Memphis Industrial Center Sells for $3.7 Million - Saturday, September 16, 2017

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

39. Last Word: The Monument Letter, Soulsville Gateway and Gas Tax Hike Regrets - Thursday, September 14, 2017

The Redbirds take Game 1 of the Pacific Coast League Championship series Wednesday evening with a 6-4 win over El Paso at AutoZone Park. Game 2 is noon Thursday at B.B. King and Union.

40. SE Memphis Industrial Center Sells for $3.7 Million - Thursday, September 14, 2017

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

41. Plymouth REIT Expands Memphis Portfolio - Wednesday, September 13, 2017

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

42. Tennessee Taco Opens in Former Los Compadres Space - Monday, September 11, 2017

3295 Poplar Ave.
Memphis, TN 38111

43. Financial Services Firm Takes Floor in Clark Tower - Monday, September 4, 2017

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

44. Financial Services Firm Takes Floor in Clark Tower - Tuesday, September 5, 2017

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

45. Council OKs $6M Loan for Wonder Bread Garage - Thursday, August 24, 2017

The Memphis City Council approved a $6 million loan on Tuesday, Aug. 22, to help finance the development of a 481-space parking garage that’s a key part of the $73 million Wonder Bread redevelopment.

46. South City Redevelopment Activity Heating Up - Tuesday, August 22, 2017

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.

47. South City Redevelopment Heats Up With Renovations, New Construction - Saturday, August 19, 2017

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.

48. Cordova Apartment Community Sells for $27.9M - Friday, August 4, 2017

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

49. Last Word: St. Jude School, More Gannett Moves and Maida Pearson Smith - Thursday, August 3, 2017

For most, the school year starts next week. But classes are already underway at St. Jude’s new Graduate School of Biomedical Sciences, an idea 15 years in the making, according to the physician who had that idea. The school is a big step in higher education in Memphis and its road to research center status.

50. HealthChoice Promotes Henning To Director of Population Health - Wednesday, August 2, 2017

Sarah Henning has been promoted to director of population health programs at HealthChoice. Henning previously served as manager of the department. In her new role, Henning is responsible for designing, implementing and managing population health and wellness initiatives and programs for the HealthChoice network.
She also collaborates with stakeholders to promote and support these programs and to ensure they meet the needs of the affected populations and adapt with the changing health care environment.

51. Fully Loaded - Saturday, July 29, 2017

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

52. Gillette Out, ServiceMaster to Spin Off Unit - Thursday, July 27, 2017

To Memphians, Rob Gillette is the ServiceMaster Global Holdings Inc. leader who moved the company’s headquarters from East Memphis to Downtown and put the old Peabody Place Mall back in use.

53. Tennessee Brewery Developers Seek Incentives for Second Phase - Friday, June 9, 2017

The developers of the Tennessee Brewery project are seeking a 20-year tax abatement to begin construction on phase two of their Downtown Memphis mixed-use development.

William Orgel, Jay Lindy and Adam Slovis, representing 495 TN Partners, have applied to the Center City Revenue Finance Corp. for a payment-in-lieu-of-taxes incentive to build an additional 130-unit, four-story building they estimate will cost around $12.3 million.

54. Tennessee Brewery Developers Seeking Tax Incentives for Second Phase - Thursday, June 8, 2017

The developers of the Tennessee Brewery Project have applied for a 20-year tax abatement with the Center City Revenue Finance Corporation to begin construction on phase two of their Downtown Memphis mixed-use development.

55. US Durable Goods Orders Fell for First Time in 5 Months - Tuesday, May 30, 2017

WASHINGTON (AP) – U.S. orders for long-lasting manufactured goods dropped in April for the first time in five months, and a key category that tracks business investment went nowhere for the second straight month.

56. Medical District Apartments Sell for $5.2 Million - Thursday, May 25, 2017

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

57. Faropoint Acquires Massive Industrial Portfolio for $33.1M - Thursday, May 18, 2017

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

58. Last Word: Railgarten Redux, Raleigh Springs Mall and Forrest Author Speaks - Tuesday, May 9, 2017

Railgarten II, Son of Railgarten, Railgarten, Beyond the Board of Adjustment, Railgarten, Enter The City Council … Take your pick of sequel titles. Railgarten goes back to the City Council Tuesday for at least a committee discussion in which the council considers whether it should take back the special use permit it granted the bar-restaurant. This is a follow up to the Board of Adjustment decision last month to delay any action on approving the other annexes of the business for 30 days.

59. Last Word: Three Gs React, More CA Changes and the Forrest Controversy Defined - Thursday, May 4, 2017

The day after Germantown leaders offered his school system $25 million for Germantown Elementary, Middle and High Schools, SCS superintendent Dorsey Hopson was fielding calls from parents of students at the schools – the “three Gs” as they are known.

60. Portfolio Featuring Highland Row for Sale - Saturday, March 18, 2017

A 13-property portfolio that includes the Highland Row mixed-use development near the University of Memphis has been put on the market for sale or recapitalization by CBRE Group Inc. on behalf of Indianapolis-based Milhaus.

61. Hickory Hill Home Depot Site Sells for $15 Million - Thursday, March 16, 2017

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

62. Portfolio Featuring Highland Row Development Up for Sale - Tuesday, March 14, 2017

A 13-property portfolio that includes the Highland Row mixed-use development near the University of Memphis has been put on the market for sale or recapitalization by CBRE Group Inc. on behalf of Indianapolis-based Milhaus.

63. Attorney Harkavy Named To Wyatt’s Executive Committee - Wednesday, February 22, 2017

Lee A. Harkavy is one of two attorneys from the Memphis office of Wyatt, Tarrant & Combs LLP to be named to the regional law firm’s executive committee. Harkavy is a commercial transactional attorney focused primarily on representing businesses in their external growth endeavors or exit strategies. In that capacity, he advises clients on mergers, acquisitions and dispositions, and capital-raising transactions.

64. Trump Moves to Scale Back Financial Regulations - Monday, February 6, 2017

WASHINGTON (AP) – President Donald Trump is taking his first steps aimed at scaling back financial services regulations, and the Republican-run Congress cast a vote early Friday signaling that it's eager to help.

65. Tennessee Lawmakers Could Raise, Lower Taxes This Session - Thursday, January 5, 2017

The 110th General Assembly is set to convene on Jan. 10 with unfinished business from previous sessions likely to dominate debate.

Here’s a look at some of the hottest topics expected to arise.

66. Riding Momentum - Saturday, December 31, 2016

Around this time each year, everyone tends to start fetishizing the blank slate a bit, with its attendant allure of reinvention and that sweeping away of the old order to make way for what comes next.

67. HopeWorks Busy Helping People While Staying Grounded in Faith - Thursday, December 8, 2016

As executive director of nonprofit HopeWorks, Ron Wade has to be practical. And helping people get their education and find employment is about as practical as it gets.

68. Gill Seeks $25 Million Permit For New MAA Headquarters - Thursday, November 24, 2016

6815 U.S. 72

Germantown, TN 38138

Permit Amount: $25 million

Future Tenant: MAA

69. Last Word: The Long Count, Bigger Than Boutiques and God's View of the NBA - Friday, November 11, 2016

It's Veterans Day with the annual Downtown parade starting at 10 a.m. Friday and a wreath-laying ceremony an hour later at the Doughboy Statue in Overton Park.

The long local vote count since Tuesday is still underway as Thursday becomes Friday. It should wrap up Friday with the provisional ballot count completed.

70. Real Estate Awakening - Saturday, October 29, 2016

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

71. Skilled Nursing Facility In Bartlett Sells for $13 Million - Thursday, October 6, 2016

1150 Dovecrest Road

Bartlett, TN 38134

Sale Amount: $13 million

Sale Date: Sept. 30, 2016

72. East Memphis Office Changes Hands for $2.4M - Wednesday, October 5, 2016

An East Memphis office building has sold for $2.4 million to a local investment group.

BC Commercial Properties LLC, which is managed by Bridge Capital Asset Management LLC, purchased the office building at 1669 Kirby Parkway from Kirby Parkway Building Partnership in a Sept. 30 warranty deed.

73. Nonconnah Center Sale Could Boost Market - Friday, September 2, 2016

In what is sure to be one of the top commercial real estate transactions of the year, the majority of the 1.2 million-square-foot Nonconnah Corporate Center has sold. ReMark Trust, an out-of-town investment group, purchased the property for $57 million.

74. Artspace Begins $17M Affordable Housing Project - Thursday, August 25, 2016

138 & 120 St. Paul Ave.

Memphis, TN 38103

Permit Amount: $10.5 million

Project Cost: $17 million

75. TAG Truck Center to Occupy Mall of Memphis Land - Thursday, July 28, 2016

4430 American Way

Memphis, TN 38118

Permit Amount: $28 million

Application Date: July 2016

76. Grove Park Building Sells for $8.6 Million - Tuesday, July 26, 2016

A Nashville-based investment group has made its first purchase in Memphis. Priam Capital has purchased the Grove Park Building at 4515 Poplar Ave. in East Memphis from GPCTN Investment Co. LLC for $8.6 million.

77. ‘Why Don’t We Start Our Own?’ - Saturday, July 23, 2016

The diner-style restaurant planned for 2657 Broad Ave. is a bit unique as far as commercial real estate projects go.

Yes, it’s of a piece with the rest of the groundswell of redevelopment and commercial activity that’s transformed Broad into a people-packed arts, retail and restaurant scene. One of those hotspots along the street is the combination coffee shop and retailer City & State, the owners of which have signed a lease at 2657 Broad for their next venture.

78. Women-Led Angel Investment Network Launches - Saturday, June 25, 2016

The husband-and-wife team behind the Broad Avenue retailer City & State – Lisa and Luis Toro – are preparing to open another business in the neighborhood, a diner-style restaurant at 2657 Broad.

79. Nordstrom Rack-Anchored Center Gets $15.5M Construction - Thursday, June 2, 2016

4572 Poplar Ave.
Memphis, TN 38117

Permit Amount: $10.5 million

Project Cost: $15.5 million

Completion: Fall 2017

80. Clark Tower Undergoing $1.2M Lobby Renovation - Wednesday, June 1, 2016

Clark Tower’s lobby is getting a facelift.

Dan Walker Associates Inc. recently filed a $1.2 million building permit for “existing first floor lobby renovation” at the East Memphis tower.

81. Snapshot: How Memphis-Based Public Companies are Faring - Saturday, May 28, 2016

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

82. One Family - Saturday, May 21, 2016

An unprecedented private investment aims to restore a commercial heart to the Soulsville USA neighborhood, where a pair of sprawling buildings take up nearly a full block across from the Stax Museum of American Soul Music. It isn’t an eyesore, but inactivity within those walls has been a drag on the community.

83. EDGE OKs Fast Track PILOT Program - Friday, May 20, 2016

The board of the Memphis-Shelby County Economic Development Growth Engine has approved a new tax incentive package designed to give Memphis a more competitive edge against North Mississippi.

The EDGE board green-lighted the Fast Track PILOT program at its Wednesday, May 18, meeting, making it EDGE’s fifth payment-in-lieu-of-taxes program.

84. Poplar Place Apartments Sell for $15.3 Million - Thursday, May 19, 2016

1669 Randolph Place
Memphis, TN 38120

Sale Amount: $15.3 million

Sale Date: May 6

Buyer: Poplar Place TN Townhomes LLC

85. Last Word: The Airport and Hotels, Loans and Musicians and Underground in Town - Tuesday, May 10, 2016

That didn’t take long. Fired one day, hired the next for Dave Joerger now formerly of the Grizz.

86. Memphis Consultant Says Airport Area ‘Gone’ for Hotel Development - Saturday, May 7, 2016

One of the last remaining hotels near Memphis International Airport has sold in foreclosure for the second time in less than five years.

Chuck Pinkowski, a local hotel consultant with Pinkowski & Co., said that a multimillion-dollar renovation couldn’t save the Holiday Inn from a declining hotel market.

87. EDGE Considering Fast-Track Incentive Program, Diversity Spend Changes - Friday, April 22, 2016

The Memphis-Shelby County Economic Development Growth Engine has started work on a new tax incentive program that would help Memphis compete with North Mississippi for industrial projects.

At its April 20 meeting, EDGE board chairman Al Bright appointed a committee to evaluate a proposed Fast Track PILOT and hammer out its policies and procedures.

88. Sale of Former Memphis Police Headquarters Set for May - Tuesday, April 19, 2016

The tours and inspections are done for now. And City Hall’s timeline for selling the circa-1910 Memphis Police headquarters at 128 Adams Ave. is a bit behind schedule.

89. City Council Debates Idea of De-Annexation Compromises - Thursday, April 7, 2016

A proposal to form a joint city-county group to explore voluntary de-annexation and the city’s footprint goes to the Memphis City Council for a vote in two weeks.

But there is vocal sentiment on the council against the city giving up any of its turf, including the most recently annexed areas of south Cordova and Southwind-Windyke.

90. Politics of Deannexation Proposal Grows More Complex - Monday, March 14, 2016

Memphis Mayor Jim Strickland is heading to Nashville Wednesday, March 16, to talk with legislators about what he considers City Hall’s highest priority in the 2016 session of the Tennessee Legislature – defeating a deannexation proposal.

91. Engineer Jonnye McElyea Joins Allen & Hoshall - Wednesday, March 2, 2016

Jonnye McElyea has joined Allen & Hoshall as a structural engineer. McElyea, who designs structures such as buildings, bridges and retaining walls, is among the 19 percent of engineers who are women. Her previous experience includes time at Parsons Corporation and AFRAM Corp.

92. Fenced Out - Saturday, January 30, 2016

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

93. Four Beale Street Proposals Feature Different Backgrounds - Monday, January 18, 2016

Jeff Sanford fielded inquiries from 17 or 18 companies, local and out of town, expressing some level of interest in the contract to manage the Beale Street entertainment district.

94. Tennessee Startups Chasing Greater Opportunities - Saturday, January 16, 2016

When it comes to launching startup companies, Tennessee is best described as “early stage.”

The less than $200 million in venture capital invested in Tennessee businesses in 2014 is a rounding error compared to the $30 billion invested in California. And when the final tally for 2015 comes out later this month, the disparity won’t be much smaller.

95. 4 Applicants Up for Beale Street Gig - Friday, January 15, 2016

A Fortune 500 corporation, the Memphis-based company behind the Delta Fair, a Memphis real estate management firm with office experience, and a newly formed group of Memphians with experience in real estate, entertainment and restaurants as well as commercial development and financing. Those are the four companies that have applied to manage the Beale Street entertainment district.

96. Former Highwoods COO Retires, Then Promptly Starts New Career in Memphis - Friday, October 2, 2015

Mike Harris’ idea of retirement doesn’t involve the golf course, free time or carefree travel.

97. Business Lending in Recovery Mode - Saturday, September 5, 2015

The U.S. Small Business Administration estimates that small businesses provide more than half of all American jobs.

But since the Great Recession changed the economic landscape in 2008, how those small businesses go about gaining funding to operate or upgrade has changed. In fact, while the economic downturn hit big business, it also had a major hand in reshaping the nation’s small businesses.

98. Ballet Memphis Closes On French Quarter Suites Purchase - Tuesday, August 18, 2015

2144 Madison Ave.
Memphis, TN 38104

Sale Amount: $4.2 million

Sale Date: Aug. 6, 2015

99. Problem Properties - Tuesday, August 18, 2015

Memphis has a crippling issue with blight, and one nonprofit is front and center with changing the culture that led to the city’s inundation of abandoned properties and lots.

Neighborhood Preservation Inc. was founded in 2012 as a court-appointed receiver of properties taken away from neglectful owners. Over the years, it has evolved to become a robust advocate for stronger legislation and development tools to deal with problem properties.

100. Demo Day Brings Together Start Co., ZeroTo510 Entrepreneurs - Friday, August 14, 2015

The entrepreneurial ecosystem was more abundant than ever at Demo Day 2015, where Start Co. and ZeroTo510 worked in conjunction for the first time to present graduates of their business accelerator programs to investors and community leaders.