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Editorial Results (free)

1. Collierville Board Grants FedEx Tax Break Extension -

The Collierville Board of Mayor and Aldermen ratified a 20-year tax break for the FedEx World Technology Center during its Monday, Jan. 25, meeting.

FedEx will pay nearly $25.2 million over the period and will save about $75.5 million. As part of the retention PILOT agreement, FedEx will invest $40 million in real property and personal property upgrades.

2. High Court Upholds Government's Energy Conservation Program -

WASHINGTON (AP) — In a win for the Obama administration and environmental groups, the Supreme Court on Monday upheld a 5-year-old federal program that pays large electric customers to save energy during times of peak demand.

3. Curry Named President of Evaporcool -

Chris Curry has been named president of Evaporcool Solutions LLC, a Memphis-based company whose proprietary Evaporcool System improves the energy efficiency of air conditioning and refrigeration units. In his new role, Curry will be responsible for leading all aspects of the company as it looks to aggressively expand its business.

4. Temple Puts the Clamps on Memphis Late in 31-12 Victory -

PHILADELPHIA (AP) — P.J. Walker threw for 261 yards and two scores and Temple pulled away from Memphis in the fourth quarter for a 31-12 win Saturday afternoon.

Kip Patton ran for a 13-yard to score to put Temple up 21-12 in the fourth.

5. Hotel Developer Moves On Scimitar Building Conversion -

179 Madison Ave.
Memphis, TN 38103

Permit Cost: $5.2 million

Permit Date: Applied August 2015

6. Redevelopment to Begin at Scimitar Building -

The developer of a boutique hotel in the 103-year-old Scimitar Building is preparing for the Downtown property’s conversion.

Suna Winchester has applied to the city-county Office of Construction Code Enforcement for a $5.2 million building permit to convert the former office building at 179 Madison Ave. into a 58-unit hotel.

7. Redevelopment to Begin at Scimitar Building -

The developer of a boutique hotel in the 103-year-old Scimitar Building is preparing for the Downtown property’s conversion.

Suna Winchester has applied to the city-county Office of Construction Code Enforcement for a $5.2 million building permit to convert the former office building at 179 Madison Ave. into a 58-unit hotel.

8. Collierville Commits -

Right after the Collierville Board of Mayor and Aldermen voted Monday, June 8, to raise the town’s property tax rate by 20 cents, a flash of lightning flared outside the town hall chamber’s windows.

9. One-Day TEDx Event Coming to Memphis -

Memphis is getting a local version of the global TED conference that’s known for talks given by engaging, often celebrity speakers.

The global TED banner – TED being an acronym for technology, entertainment, design – has an offshoot called TEDx that was created so independent organizers can set up their own “TED-like” events in communities around the world and deliver comparable experiences. That TEDx event is coming to Memphis Aug. 29 at the University of Memphis Rose Theater, 3795 Central Ave.

10. 'King of the Blues' B.B. King Dead at 89 at Home in Vegas -

LAS VEGAS (AP) – B.B. King, whose scorching guitar licks and heartfelt vocals made him the idol of generations of musicians and fans while earning him the nickname King of the Blues, died late Thursday at home in Las Vegas. He was 89.

11. Fieldstone Apartments Files $15M Construction Loan -

Fieldstone Apartments III LLC filed a $15 million construction loan with SunTrust Bank for the development of a new phase of Fieldstone Apartments in Southeast Memphis.

12. University of Memphis Foundation Applies for $1 Million Building Permit -

1115 E. Getwell Loop
Memphis, TN 38111
Permit Amount: $1 million

Applicant: The University of Memphis Foundation
Project Cost: $40 million
Permit Application Date: April, 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The University of Memphis Foundation has applied for a $1 million building permit for a new facility at the university’s Park Avenue campus.

13. Fieldstone Apartments Files $15M Construction Loan -

Fieldstone Apartments III LLC filed a $15 million construction loan with SunTrust Bank for the development of a new phase of Fieldstone Apartments in Southeast Memphis.

14. Women and Philanthropy -

“Women rock!” “Women rule!” “If you want something done, ask a woman.” “Women hold up half the sky.” It’s women’s history month and time to highlight women’s roles as philanthropists and fundraisers.

15. Jury Begins Deliberations in Tennessee Armory Shooting Trial -

MEMPHIS, Tenn. (AP) – A jury started deliberating Thursday in the federal trial of a Tennessee National Guard recruiter charged with trying to kill four superiors in an armory shooting.

16. Spillyards Leads Community Advisors Launch -

Greg Spillyards has joined the brokerage team at Cushman & Wakefield/Commercial Advisors to launch the firm’s Community Advisors service line.

Community Advisors is focused on the Memphis city core, with a goal to provide real estate advisory services to assist in the revitalization of the city’s underserved areas with passion, creativity and entrepreneurship, and with service to those already living and leading in their neighborhoods.

17. Voters Approve Wine, Amendments -

Shelby County citizens voted 2-to-1 Tuesday, Nov. 4, against a proposed amendment to the Tennessee Constitution that gives the Tennessee Legislature the power to regulate abortion, including in cases of rape or incest.

18. Voters Approve Wine, Constitutional Amendments -

Shelby County citizens voted 2-to-1 Tuesday, Nov. 4, against a proposed amendment to the Tennessee Constitution that gives the Tennessee Legislature the power to regulate abortion, including in cases of rape or incest.

19. Lightman Realty Begins Fieldstone Expansion -

Michael Lightman Realty Co. is moving forward with an expansion of the Fieldstone Apartments.

20. Acura of Memphis Owner Buys Dealership, Land -

2611 Ridgeway Road, 6055-6085 Acura Cove
Memphis, TN 38119
Sale Amount: $12.4 million

21. Lightman Realty Begins Fieldstone Apartments Expansion -

Michael Lightman Realty Co. is moving forward with an expansion of the Fieldstone Apartments.

22. Authors, Readers Converge for Book Festival -

Earlier this year, interest in the first Mid-South Book Festival, scheduled to take place later this month, began to reach what seemed like a fever pitch, according to Literacy Mid-South executive director Kevin Dean.

23. McDonald Re-Elected at Filing Deadline -

Bartlett Mayor Keith McDonald was re-elected to another four-year term of office at the noon Thursday, Aug. 21, filing deadline for candidates in four sets of suburban municipal elections on the Nov. 4 ballot.

24. Bartlett Mayor McDonald Re-Elected at Filing Deadline -

Bartlett Mayor Keith McDonald was re-elected to another four-year term of office at the noon Thursday, Aug. 21, filing deadline for candidates in four sets of suburban municipal elections on the Nov. 4 ballot.

25. Wine Referendums Down to Final Day -

The deadline for signatures to be gathered on the still-forming proposed referendums to allow wine in grocery stores is Thursday, Aug. 21.

The deadline for candidates to file in the set of Bartlett, Germantown, Collierville and Millington municipal elections on the November ballot is at noon the same day.

26. No Crying in Vanderbilt Football, Not Anymore -

HOOVER, Ala. – Before James Franklin, Vanderbilt never had been to consecutive bowl games. He took them to three in three years.

27. Millington School Board Candidates Surface -

Incumbent Millington school board members C.J. Hailey and Cody Childress have pulled petitions for re-election on the Nov. 4 ballot.

They are the first Millington candidates to move toward spots on the November ballot in advance of the Aug. 21 filing deadline.

28. Building Community -

The Carrington at Schilling Farms looks like an apartment community you might find in Downtown Memphis or a town square, but the development – Boyle Investment Co.’s first apartment project in more than 30 years – is in the heart of Collierville.

29. Fed: Memphis Banks Improved in 2013 -

Memphis banks ended 2013 in somewhat better shape collectively than they stood at the end of 2012, based on new numbers from the Federal Reserve Bank of St. Louis.

30. Ellis Joins State Systems As Sales Executive -

Alisa Ellis has joined State Systems Inc. as a low voltage sales executive. She brings 16 years of telecommunications experience to the company, which offers protection products and services, including fire protection equipment, training and cleaning services, as well as technology services such as network integration, cabling systems and wireless support.

31. FedExForum Area Targeted for Apartments -

Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.

An Elmington-affiliated company plans on building a 64-unit apartment complex at 362 S. Second St., south of FedExForum.

32. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

33. Meadows Appointed to State Dentistry Board -

Dr. Dan T. Meadows has been appointed to the Tennessee Board of Dentistry by Gov. Bill Haslam. Meadows, who has a private practice on Walnut Grove Road, will serve as the Rotating Dentist member through June 2016.

34. Program Addresses Neonatologist Shortage -

Memphis hospitals face a shortage of physicians that care for critically ill and premature newborn infants.

While the rate is falling, premature births in Shelby County remain well above the national average, says Ramasubbareddy Dhanireddy, who is medical director of the Sheldon Korones Newborn Center at The Regional Medical Center at Memphis and the neonatal intensive care unit at Le Bonheur Children’s Hospital.

35. Golfing Options -

Al Patton doesn’t expect the real golfers until the weather gets warmer, more consistent and past the spring showers.

Since the Links at Whitehaven, the city operated golf course at 750 E. Holmes Road, reopened March 1, Patton has seen the start of a normal cycle in golfers.

36. Dunavant Grows Logistics, Transportation Divisions -

Dunavant Enterprises Inc. continues its transformation into a purely third-party logistics and asset-based transportation firm.

37. LeMoyne-Owen Gets $1 Million Gift -

The estate of a 1940 graduate of LeMoyne-Owen College is donating $1 million to the college’s annual fund, college officials announced Friday, Oct. 19.

It is the largest single donation in the 150-year-history of the city’s only historically black college.

38. LeMoyne-Owen Announces 'Unprecedented' Gift -

Officials of LeMoyne-Owen College will announce Friday, Oct. 18, a new gift to the city’s only historically black college from a revocable trust fund of a 1940 alumni of the school.

Wylodine Taylor Patton of San Francisco established the trust fund in 2001 and granted LeMoyne-Owen College 75 percent of her estate. She died in 2009 and the college received a $500,000 gift from the trust. Since then the estate has sold several properties Patton owned in the San Francisco area.

39. Hilton Developer Granted Closing Extension -

Developers of the Downtown Memphis Hilton Hotel project were granted a one-year closing extension from the Memphis Center City Revenue Finance Corp. board Tuesday, Oct. 9.

40. Hilton Developer Granted Closing Extension -

Developers of the Downtown Memphis Hilton Hotel project were granted a one-year closing extension from the Memphis Center City Revenue Finance Corp. board Tuesday, Oct. 9.

41. Fieldstone Apartments Files $9 Million Loan -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has filed a nearly $9 million loan through SunTrust Banks Inc. for land that will become a new apartment phase.

42. McDonald’s Buys Lamar Retail Center for $850,000 -

2342 Lamar Ave.
Memphis, TN 38114

Sale Amount: $850,000

Sale Date: Aug. 17, 2012

43. Fieldstone Apts. Buys Land for Third Phase -

Fieldstone Apartments III Co. has paid $1 million for almost 17 acres of vacant land on Tournament Drive in Southeast Memphis for a new apartment phase.

44. Playhouse Performance to Benefit Child Advocacy Center -

A special performance of “Legally Blonde the Musical” to benefit the Memphis Child Advocacy Center, will take place Saturday, Aug. 18, at 6 p.m. at Playhouse on the Square, 66 S. Cooper St.

45. Baldwin Joins Trumbull Labs as Pathologist -

Dr. Heather Sehnert Baldwin has joined Trumbull Laboratories LLC as a pathologist. In her new role, Baldwin will practice a full range of pathology with a focus in hematopathology.

46. As Election Nears, New Rules are Facing Delays -

WASHINGTON (AP) – When the Obama administration agreed to set the first-ever federal limits on runoff in Florida, environmental groups were pleased. They thought the state's waters would finally get a break from a nutrient overdose that spawns algae, suffocates rivers, lakes and streams and forms byproducts in drinking water that could make people sick.

47. Magna Bank Taps Stewart To Lead SBA Division -

Tom Stewart has been named senior vice president and manager of the small business administration division at Magna Bank. Since joining Magna in March, Stewart has led the bank in obtaining national preferred lending provider status. In his new role, Stewart will oversee all business development activities for the Mid-South along with portfolio management and loan servicing.

48. Literacy Mid-South’s Dean Appointed to State Coalition -

Kevin Dean, executive director of Literacy Mid-South, has been appointed to the Tennessee Literacy Coalition’s board of directors. The board unanimously approved Dean’s nomination, and he will serve as a representative from West Tennessee for three years.

49. $7.5 Million Permit App Filed for Fieldstone Apts. -

7986 Tournament Drive
Memphis, TN 38125

Permit Cost: $7.5 million

Permit Date: Applied May 2012

Owner: Fieldstone Apartments III Co.

Contractor: Patton & Taylor Construction Co.

50. Permit App Filed for Fieldstone Apts. -

Fieldstone Apartments III Co. is preparing to begin work on a 102-unit apartment complex at 7986 Tournament Drive in Southeast Memphis, according to a $7.5 million building permit application filed with the city-county Office of Construction Code Enforcement.

51. Jones Has Memphis Homecoming At GPAC -

Rising star Caroline Jones’ performance Saturday, April 28, at Germantown Performing Arts Centre’s 2012 Gala will be a homecoming of sorts for the New York-based singer-songwriter.

52. Cook Named Director At Memphis Farmers Mkt. -

Allison Cook has been named market director at Memphis Farmers Market. Cook brings her marketing and business management experience to the position, and also has volunteered at the market and its Harvest Celebration fundraisers for three years.

53. Tenn.'s 'Don't Say Gay' Bill Advances in House -

NASHVILLE (AP) – A proposal that seeks to ban Tennessee public schools from teaching about gay issues advanced in the House on Wednesday despite opponents who say the measure could be harmful to gays.

54. Events -

The Memphis alumnae association of Kappa Kappa Gamma will hold a luncheon titled “Literacy is Key: A Book and Author Affair” Thursday, Jan. 26, at 11 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Authors Kim Edwards and Lisa Patton will speak, and book-signings will follow. Tickets are $45 per person, which benefits Literacy Mid-South. For more information, visit www.memphiskkg.org.

55. Events -

Cannon Wright Blount certified public accounting firm will continue its series of seminars about Quickbooks accounting software Wednesday, Jan. 25, from 9 a.m. to 11 a.m. at the firm, 756 Ridge Lake Blvd. Each two-hour class costs $75. Seating is limited. To reserve a place, visit www.cannonwrightblount.com/resources, and for more information, call Debbie Bossé or Cathy Russell at 685-7500.

56. Events -

The University of Memphis will kick off the health lifestyle initiative “Memphis Health U” Tuesday, Jan. 24, at 11:30 a.m. with a pledge signing and health fair in the University Center. The event is open to the public.

57. Events -

The Ladies of Armor Society will launch the networking program Jumpstart Your Business Monday, Jan. 23, at 6 p.m. at Stop Alarms Inc., 6095 Apple Tree Drive. Open membership is available at an introductory rate for eight weeks of $175. For more information, visit www.ladiesofarmor.com or www.jumpstartyourbusinessmemphis.com.

58. Bldg. Permit Application Filed for Virginia Avenue Apts. -

A building permit application has been filed with the city-county Office of Construction Code Enforcement for apartments at 25 E. Virginia Ave.

59. Housing Group Brings Mission To West Tenn. -

The Tennessee Affordable Housing Coalition, an advocacy group that’s goal is to promote and improve the availability of affordable housing, has been meeting quarterly in Nashville for the past two years.

60. New Chances -

Sean Summerall was late. He had a sick child to take to a doctor. There was little time to worry about the day’s schedule or getting dressed up. Recovering somewhat, he almost made the bus transfer to get Downtown but not quite.

61. Leadership Memphis Announces Board Members -

Leadership Memphis has announced new board members and officers for its new fiscal year.

The officers and executive committee include Eric Robertson, chair; Beverly Jordan, vice chair; Bryan Ford, treasurer; Veronica Coleman Davis, secretary; Chris McLean, immediate past chair; Jeff Gaudino, alumni chair; Christine Munson, development chair; Lemoyne Robinson, program chair; and Jeane Chapman, marketing chair.

62. Humphreys Joins Keller Williams Realty -

Herbo Humphreys has joined the Crump Realty Group of Keller Williams Realty. Humphreys previously worked as a project supervisor for Bryan-Turley Properties.

63. Split Vote Takes Down Metro Charter Proposal -

The metro consolidation charter won a narrow victory with Memphis voters Tuesday but was crushed by Shelby County voters outside Memphis.

The first consolidation charter to go to voters in 39 years had to win both in Memphis and outside Memphis in order to consolidate the city of Memphis and Shelby County governments.

64. Whalum and Webb Draw Challengers In School Board Races -

Memphis school board members Betty Mallott and Martavius Jones were unopposed at Thursday’s filing deadline for the four Memphis school board races on the Nov. 2 ballot. Noon was the deadline for candidates to file their qualifying petitions in the school board races as well as three sets of municipal elections in Bartlett, Collierville and Germantown.

65. The Persistence of Memory -

The Gardens of Germantown, built at a cost of more than $8 million and slated to open Oct. 1, offers unique care concepts for people with Alzheimer’s and other forms of dementia.

The assisted care center at 3179 Professional Plaza Drive has three wings, or neighborhoods, allowing residents to live among others with the same degree of memory loss. Each neighborhood offers posh and secure surroundings with gated gardens outside and saltwater aquariums inside.

66. Former TBA Prez Funeral Thursday -

Attorney Emanuel Peter “Manny” Scarmoutsos died April 4.

Scarmoutsos practiced law in Memphis for 49 years until he retired in 2009.

He was a former president of the Memphis Trial Lawyers Association and Tennessee Bar Association. Scarmoutsos served as an adjunct professor at then-Memphis State University, where he taught business law classes.

67. Mercer Grows Staff After Relocation -

The bread and butter of Mercer Capital, a nearly 30-year-old firm headquartered in Clark Tower, is business valuation.

And lately, the company has been making the same kinds of moves – growth and investment in the future – that tend to stand out when analyzing a client’s operation.

68. In-Rel Buys Former Comcast Building, Renames it “Quince Centre” -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $5 million
Sale Date: Dec. 7, 2009

Buyer: 6555 Quince Building Owner LLC
Seller: BACM 2000-2 Quince Road LLC
Loan Amount: $3.1 million
Loan Date: Dec 7, 2009
Maturity Date: N/A
Lender: Insbank

69. Patton & Taylor Files Permits for 2 Projects -

Memphis-based general contractor Patton & Taylor Enterprises LLC has filed a pair of building permits – totaling close to $16 million – with the city-county Office of Construction Code Enforcement to begin construction on two projects in Westwood.

70. Sale of Lamar Crossing Could Be Closer to Reality -

Lamar Crossing’s long and winding road might finally be coming to an end, parties close to the beleaguered property said last week. But some legal wranglings still need to be worked out before the unfinished multifamily complex sees its first resident.

71. Building Permit Brings Wally Joe Restaurant Closer to Reality -

690 S. Perkins Road
Memphis, TN 38117
Permit Amount: $800,000

Project Cost: $800,000
Permit Date: Applied October 2009
Completion: Summer 2010
Owner: Wally Joe Realty LLC
Tenant: TBA
Contractor: Day Construction LLC
Architect: Doug Enoch

72. Goodwyn Condos Sold Back to Bank for $4.5M -

The Goodwyn Condominiums at 127 Madison Ave. Downtown has sold back to the lender, First Tennessee Bank NA, following a foreclosure of 21 of the 18-story building’s 24 condo units. First Tennessee paid $4.5 million for the unsold units and neighboring commercial space during an Oct. 21 substitute trustee’s sale on the steps of the Shelby County Courthouse.

73. Goodwyn Condos In Foreclosure -

Chalk up another victim to the continuing real estate crisis, this time the Goodwyn Condominiums at 127 Madison Ave.

74. Gardens of Germantown Secures Funding to Build Alzheimer’s Facility -

3179 Professional Plaza
Germantown, TN 38138
Loan Amount: $8 Million
Loan Date: July 16, 2009


Maturity Date: Aug. 1, 2050
Borrower: Gardens of Germantown LLC
Lender: Deutsche Bank Berkshire Mortgage Inc.
Details: The developer of an Alzheimer’s facility called the Gardens of Germantown has filed an $8 million construction loan through Deutsche Bank Berkshire Mortgage Inc.

75. $8M Loan Filed For Alzheimer’s Facility -

The developer of an Alzheimer’s facility called the Gardens of Germantown has filed an $8 million construction loan through Deutsche Bank Berkshire Mortgage Inc.

76. Events -

The Memphis Investors Group will meet today at 7 p.m. at Appling Manor, 1755 Appling Road. Wendy Patton will discuss leasing real estate with an option to buy. Admission is free for first-time visitors and members. Repeat visitors pay $20.

77. Events -

The Shelby County Board of Commissioners will hold committee meetings today beginning at 8:30 a.m. in the fourth floor committee room of the Shelby County Administration Building, 160 N. Main St. For more information, call Steve Summerall at 545-4301.

78. U of M Law School Appoints Kritchevsky to Director of Advocacy -

Barbara Kritchevsky has been appointed to the newly created position of director of advocacy at the University of Memphis Cecil C. Humphrey’s School of Law.

Kritchevsky has been a law professor at the university since 1983, and for the past 20 years has served as a faculty adviser to the school’s Moot Court Board and also served as the school’s associate dean for academic affairs.

79. Events -

MPACT Memphis will hold a Community Service Committee meeting today at 6 p.m. at Café Eclectic, 603 N. McLean Blvd. To R.S.V.P., contact Audra Bares or Chad Lopes at memberconnections@mpactmemphis.org or 528-8340.

80. Events -

The Alzheimer’s Awareness Tour will stop in Memphis for a breakfast event today from 8 a.m. to 10 a.m. at the Embassy Suites Hotel, 1022 S. Shady Grove Road. The breakfast is free and will include information about the latest research and clinical studies. Space is limited. For reservations, call 877-307-8839 or e-mail info@newleafevents.com.

81. Lamar Crossing Development Faces Foreclosure -

Once a promising development in a blighted area, the $11.7 million Lamar Crossing Apartments has gone the way of so many other commercial properties in town – fenced in and foreclosed.

A chain-link fence surrounds the perimeter of the 7.13-acre property on Lamar Avenue just north of Interstate 240. Overgrown grass proves the property hasn’t been cared for and a phone number posted on a sign outside the apartments for leasing information has been disconnected.

82. More Cash Available for First-Time Buyers -

The Memphis Area Home Builders Association is launching a program that will allow first-time homebuyers to borrow their down payments from the organization’s nonprofit division and repay it from their $8,000 federal tax credits.

83. Work to Begin Soon On U of M’s ‘Penny’ Hall of Fame -

570 Normal St.
Memphis, TN 38152
Permit Amount: $2.9 Million

Project Cost: $2.9 million
Permit Date: Applied April 2009
Completion: Summer 2010
Owner: University of Memphis Foundation
Tenant: University of Memphis
Contractor: Patton & Taylor Enterprises LLC
Architect: Evans Taylor Foster Childress Architects

84. Permit Filed for U of M’s ‘Penny’ Hall of Fame -

Anfernee “Penny” Hardaway was an electrifying, playmaking guard for the University of Memphis in the early 1990s. In his two seasons at the school, he became a fan favorite and one of the best players to ever don a Tiger basketball uniform.

85. Events -

The Alliance for Nonprofit Excellence will present a workshop titled “Ethical Leadership” today from 8:30 a.m. to noon at the Alliance office, 5100 Poplar Ave., Suite 502. Kristi Tarbell will lead the workshop. Cost is $65 for members, $125 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

86. Events -

The Global Green Initiative will be today through Wednesday at the FedEx Institute of Technology on the University of Memphis campus. FedEx founder Fred Smith will be the keynote speaker and he will address “Transportation is in a State of Transformation.” Cost is $249 for all three days. For an itinerary or to register, visit www.gmfoundation.org.

87. Events -

The Memphis Rotary Club will meet today at noon at the University Club of Memphis, 1346 Central Ave. State Sen. Mark Norris, R-Collierville, will speak. Lunch is $18 per person and reservations are required. For reservations, e-mail Taylor Hughes at taylor@memphisrotary.org.

88. Events -

The Memphis Rotary Club will meet today at noon at the University Club of Memphis, 1346 Central Ave. Bruce Watts, president and CEO of Fred’s Inc., will speak. Lunch is $18 per person and reservations are required. For reservations, e-mail Taylor Hughes at taylor@memphisrotary.org.

89. Events -

The Engineers’ Club of Memphis Inc. will hold its weekly meeting and lunch today from 11:30 a.m. to 1:30 p.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Arnold Perl, chairman of the board for the Memphis-Shelby County Airport Authority, will speak. Cost is $25 each or $235 for a table of 10. Reservations are required. For reservations, contact David Sparkes at david.sparkes@kimley-horn.com or 374-9109.

90. Events -

Memphis Invest will host a Valentine’s Day Special Seminar Saturday from 9 a.m. to 5 p.m. at its in-house training center, 130 Timber Creek Drive. The seminar will include a one-day bus tour and buying seminar. For more information, call 751-7191.

91. Loan Filed for Phase Two Of Centennial Gardens Apartments -

7751 Centennial Drive
Memphis, TN 38125
Loan Amount: $11.5 Million

Loan Date: Jan. 15, 2009
Maturity Date: Jan. 15, 2013
Borrower: Lightman Centennial Gardens Co.
Lender: SunTrust Bank

92. Centennial Gardens Files $11.5M Loan for Phase II -

Lightman Centennial Gardens Co., a division of Michael Lightman Realty Co., on Jan. 15 closed an $11.5 million construction loan with SunTrust Bank for the second phase of the Centennial Gardens apartment complex in Southeast Memphis. The address is 7751 Centennial Drive, west of Hacks Cross Road and south of Winchester Road.

93. Events -

The International Business Council will hold its fall meeting today from 4:30 p.m. to 7 p.m. at the Dixon Gallery and Gardens, 4339 Park Ave. Aaron S. Brickman, director of Invest in America, U.S. Department of Commerce, will speak. To register, contact Brenda Montgomery at bmontgomery@memphischamber.com or 543-3541.

94. Events -

The Memphis Bar Association, IPSCO and TRT Inc. will present two three-hour dual credit continuing legal education seminars today and Dec. 15 at The Crescent Club, 6075 Poplar Ave. The morning session will be from 8:45 a.m. to noon and the afternoon session will be from 1 p.m. to 4:15 p.m. The presenter for both sessions is Dr. William D. Brown, an ethicist and clinical psychologist in private practice in Washington. Cost is $199 for each seminar. Cost for those attending both the morning and afternoon sessions on the same day will be $380. To register, visit www.trtcle.com or call 800-672-6253.

95. 62-Bed Alzheimer’s Facility Coming to Germantown - 3179 Professional Plaza
Germantown, TN 38138
Permit Amount: $5.6 Million

Project Cost: $5.6 million
Permit Date: Applied October 2008
Completion: October or November of 2009
Owner: Alexander Enterprises
Tenant: Alexander Enterprises
Contractor: Patton and Taylor Enterprises
Architect: O.T. Marshall Architects

Details: An Alzheimer’s facility called the Gardens of Germantown soon will rise at 3179 Professional Plaza, which runs between Poplar Avenue and Poplar Pike near the Germantown/Collierville border.

Developer Alexander Enterprises has filed a permit application with the city-county Department of Construction Code Enforcement to build the 30,500-square-foot, single-story facility. The Gardens of Germantown will be a 48-unit, 62-bed facility that sits on roughly half of a 4.36 acre-parcel backing up to the Village Shops of Forest Hill retail center. Beacon Communities Inc. of Cumming, Ga., will manage the facility.

Construction on the building, set to begin in December, should take 10 months, said Michael Alexander of Alexander Enterprises, with an opening projected for October or November 2009. The property has been divided into two lots, with the Gardens of Germantown slated for the northwest corner of the property.


1.46 Acres in Commons at Dexter Lake
Cordova, TN 38018
Loan Amount: $1.2 Million

Loan Date: Oct. 2, 2008
Maturity Date: April 22, 2009
Borrower: Commons at Dexter Lake LLC
Lender: First Citizens National Bank

Details: A $1.6 million retail center with a French Quarter motif is being built in Cordova. The Commons at Dexter Lake LLC has filed a $1.2 million construction loan to build a 10,400-square-foot retail center, dubbed Vieux Carré, south of Dexter Road and west of Chickering Lane. Construction started last week. The development team bought the land from John B. Maxwell Jr., trustee for the sellers, for $334,541 and filed the construction loan through First Citizens National Bank. Commons at Dexter Lake LLC principal Nancy Waddell signed the trust deed. The center will sit on a 1.46-acre parcel near the Commons at Dexter Lake retail center and the Reserve at Dexter Lake apartments. A spokesman for the developer said the seven-bay center already has five leases signed. Tenants include a Belle Meade salon, financial planner Martin Hearn, a Crown Trophy store and a florist/gift shop. Jeff Blackledge is architect for Vieux Carré. KT Construction LLC, whose partners are Scott Turnage and Riley Kail, will be the general contractor. Turnage said the company is “stripping the lot off right now and pushing hard for the first of the year” to complete the center. “We’re going to go for kind of a hybrid French Quarter style – we’re going to be doing more of a Bourbon Street look,” Turnage said. “It’s going to be a strip center, but we’re going to try to give each space individuality, using depth and height offsets to try to give each space somewhat of a unique appearance.” More retail space will be coming to the site soon.


6075 Winchester Road
Memphis, TN 38115
Sale Amount: $1.4 Million

Sale Date: Oct. 23, 2008
Buyer: World Overcomers Outreach Ministries Church Inc.
Seller: Carlyle Rock Ridge LLC
Loan Amount: $1.2 million
Loan Date: Oct. 24, 2008
Maturity Date: N/A
Lender: Tri-State Bank of Memphis

Details: World Overcomers Outreach Ministries Church Inc. has bought the Hickory Ridge Mall for $1.4 million from Carlyle Rock Ridge LLC. The roughly 500,000-square-foot Hickory Ridge Mall sits on 44 acres at 6075 Winchester Road in Hickory Hill. It was damaged by a tornado during the Feb. 5 storms that ripped through the southern and southeastern areas of town. World Overcomers will retain its congregational home at the former Central Church at 6655 Winchester Road, down the road from the mall. The church bought that property in 2001 for $10 million. Church pastor Alton Williams has announced plans to turn the mall into a Christian community center, replete with a restaurant, banquet hall, theater and other services for the neighborhood. The Hickory Ridge Mall opened in 1981 to much fanfare, but it steadily declined over the years as newer malls opened in other parts of town and tenants departed. The February storm proved to be a death knell for the mall. Although the city of Memphis considered buying it and turning it into a satellite office for city services, the renovation proved too costly.


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96. Alzheimer’s Facility Slated for Germantown -

A $5.6 million Alzheimer’s facility called the Gardens of Germantown soon will rise at 3179 Professional Plaza, which runs between Poplar Avenue and Poplar Pike near the Germantown/Collierville border. Developer Alexander Enterprises has filed a permit application with the city-county Department of Construction Code Enforcement to build the 30,500-square-foot, single-story facility.

97. Avery Joins Southwest As Information Systems Director -

Jim Avery has joined Southwest Tennessee Community College as executive director of information systems.

98. Lightman Realty to Begin Phase II of Centennial Gardens -

7751 Centennial Drive
Memphis, TN 38125
Permit Amount: $10.6 Million

Project Cost: $14 million
Permit Date: Applied October 2008
Completion: 2010
Owner: Michael Lightman Realty Co.
Tenant: Michael Lightman Realty Co.
Contractor: Patton & Taylor Construction Co.
Architect: MMH Hall Architects and Planners Inc

99. Lightman Files $10.6M Permit For Centennial Gardens -

Michael Lightman Realty Co. has filed a $10.6 million permit application with the city-county Department of Construction Code Enforcement to build the second phase of the Centennial Gardens apartments at 7751 Centennial Drive in Southeast Memphis. The property is off Hacks Cross Road south of Winchester Road.

100. Financial Executives Chapter Names Board Members -

The Memphis Chapter of Financial Executives International has named the new members of its board of directors for the 2008-2009 year.

Beverly Robertson, controller at National Safety Associates LLC, was named president of the organization, which serves as a professional networking avenue for CFOs and other senior finance executives.