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? 

2. Last Word: Monuments Ruling, The Open Council Seat and Not So Great Streets - Thursday, May 17, 2018

It is likely just the first round. But the city of Memphis prevailed on every major point in the Wednesday ruling out of Nashville by Chancellor Ellen Hobbs Lyle upholding the removal of Confederate monuments this past December from two city parks.

3. Three Companies Seeking Tax Abatements for Expansion Projects - Saturday, May 12, 2018

Three companies will be seeking tax incentive packages from the Economic Development Growth Engine for Memphis and Shelby County during its Wednesday, May 16 meeting.

The largest of the three, online managed content distribution and printing company Mimeo.com, is seeking a 15-year Expansion PILOT (payment in lieu of taxes) for a $13.4 million project at 3350 Miac Cove.

4. Week Ahead: May 14-20 - Monday, May 14, 2018

Go hog wild, Memphis! One of the most anticipated community events of the year kicks off this week when Tom Lee Park again becomes ground zero for the Memphis in May World Championship Barbecue Cooking Contest. Teams from around the world will try to win over judges with their savory renditions of all things pig. It will be a lip-smackin’ good time win or lose, though. 

5. EDGE PILOTs Outperform Minority Spending Requirements, Report Says - Saturday, April 28, 2018

The Economic Growth Development Engine for Memphis and Shelby County released a PILOT Recipient Spending report that details its certified local, minority and women-owned business spending.

EDGE president and CEO Reid Dulberger presented the report, which tracks PILOT spending from the organization’s first full calendar year in 2012 until the end of 2016, to the EDGE board Thursday, April 27.

6. EDGE PILOTs Outperform Minority Spending Requirements, Report Says - Saturday, April 28, 2018

The Economic Growth Development Engine for Memphis and Shelby County released a PILOT Recipient Spending report that details its certified local, minority and women-owned business spending.

EDGE president and CEO Reid Dulberger presented the report, which tracks PILOT spending from the organization’s first full calendar year in 2012 until the end of 2016, to the EDGE board Thursday, April 27.

7. EDGE Approves Trio of Tax Abatements - Thursday, April 19, 2018

The Economic Development Growth Engine for Memphis and Shelby County approved a trio of tax abatement packages during its Wednesday April 18 meeting.

Massachusetts-based Franklin Sports Inc. was awarded a six-year Jobs PILOT to build a 250,000- to 300,000-square-foot warehouse adjacent to its Memphis distribution center at 5510 Getwell Road, adding 27 new jobs with an average salary of $39,722, excluding benefits.

8. 3 Companies Seek Abatements for Memphis Projects - Saturday, April 14, 2018

Sports equipment manufacturer Franklin Sports Inc., pharmacy services provider Enclara Pharmacia Inc. and petroleum distributor OMO Energy & Technology Inc. will all make their cases for tax incentives when the Economic Development Growth Engine meets Wednesday, April 18.

9. New Details on Downtown Hotel, Clark Tower Lands Another Tenant - Monday, April 9, 2018

477 S. Main St.
Memphis, TN 38103

Application Date: April 10

Owner: South Main Hotel LLC

10. EPE Expansion in Limbo, Overton Square Restaurant Sets Opening Date - Monday, March 26, 2018

3734 Elvis Presley Blvd.
Memphis, TN 38116

Project Cost: $22 million

Owner: Elvis Presley Enterprises

Details: Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out if any implications will stem from approving bond financing for the Whitehaven project.

11. EPE Expansion Plans Placed on Hold Again - Thursday, March 22, 2018

Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out what, if any, implications will stem from approving bond financing for the Whitehaven project.

12. Onyx, Barrett Distribution Seek Tax Breaks - Wednesday, March 21, 2018

A medical device manufacturer and a third-party distribution center operator will be seeking tax abatements from the Economic Development Growth Engine for Memphis and Shelby County to expand their respective footprints in the area.

13. Medical Device Maker, Distribution Company Seeking Tax Abatements - Tuesday, March 20, 2018

A medical device manufacturer and a third-party distribution center operator will be seeking tax abatements from the Economic Development Growth Engine for Memphis and Shelby County to expand their respective footprints in the area.

14. Last Word: Welders & Machinists, MLGW & Trust and Blockchain - Thursday, February 8, 2018

A new report shows jobs in demand in the Memphis area at a time when we are again talking about which expansions and new businesses should be getting incentives and how to get better paying jobs. The annual report by CERT – Center for Economic Research in Tennessee – shows high employer demand for information technology, health care, engineering, business and financial operations and welding.

15. Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers - Thursday, February 1, 2018

A Target fulfillment center in southeast Memphis is closing in April, resulting in 486 layoffs.

Radial, a third-party logistics firm that manages the distribution center for Target Corp., has filed notice with the Tennessee Department of Labor and Workforce Development that the permanent layoffs at its 5461 Davidson Road facility will start April 7 and continue through April 30.

16. Last Word: Wiretaps in the Wright Case, Target Layoffs and SCS Looks To Move - Wednesday, January 31, 2018

Democratic Congressman Steve Cohen of Memphis among those boycotting the State of the Union address Tuesday evening by President Donald Trump. “The president is unworthy of the podium, the position and the power.” Republican Congressman David Kustoff of Germantown among those not boycotting SOTU. “Just one year after president Trump took the oath of office, our economy is the strongest it has been in decades. … We passed historic tax reform and we bolstered our military and support our veterans. Last year, the president kept his promises and tonight, he told the American people that he is not done.”

17. Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers - Tuesday, January 30, 2018

A Target fulfillment center in southeast Memphis is closing in April, resulting in 486 layoffs.

Radial, a third-party logistics firm that manages the distribution center for Target Corp., has filed notice with the Tennessee Department of Labor and Workforce Development that the permanent layoffs at its 5461 Davidson Road facility will start April 7 and continue through April 30. 

18. The Week Ahead: Jan. 15-21 - Monday, January 15, 2018

Good morning, Memphis! We hope you’re thawing out today on the last federal holiday for a while. Check out what you need to know in The Week Ahead, from the National Civil Rights Museum’s Martin Luther King Jr. Day observances to the mayor’s state of the city address and plenty of entertaining events...

19. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week - Monday, January 15, 2018

939 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $31 million

Sale Date: Jan. 3, 2018

Buyer: Linchris Hotel Corp.

Seller: Davidson Hotels and Resorts

20. Democrats Look to Cooperate on Key Issues - Thursday, December 28, 2017

With the state’s budget projected to be tight and lawmakers lining up to run for re-election in 2018, the coming legislative session isn’t expected to yield many surprises.

But the 110th General Assembly still has a long row to hoe as the session starts Jan. 9 with new legislative offices and committee rooms in the renovated Cordell Hull Building in downtown Nashville.

21. Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis - Monday, December 25, 2017

5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

22. Technicolor, Agilent Approved for Tax Incentives - Friday, December 22, 2017

The Economic Development Growth Engine for Memphis and Shelby County approved a pair of tax abatements Wednesday, Dec. 20, that have the potential to affect more than 1,000 jobs in the county.

The payment-in-lieu-of-taxes agreement for California-based life sciences, diagnostics and applied chemical company Agilent Technologies would create 117 new jobs, while one for a division of multimedia production and distribution giant Technicolor would retain anywhere from 158 to 916 jobs.

23. California Chemical Company to Expand in Memphis, Create 100 Jobs - Friday, December 15, 2017

Agilent Technologies, a life sciences, diagnostics and applied chemicals company, has announced it will be expanding its operations in Memphis, which will result in 100 new jobs.

Headquartered in Santa Clara, California, Agilent’s expansion will make the Memphis logistics facility the company’s primary American distribution center.

24. Amazon Offers Both Sides Of Recurring Incentives Debate - Wednesday, October 25, 2017

Memphis City Council member Martavius Jones calls it “ironic” that Memphis is competing with cities nationwide for Amazon’s $5 billion headquarters project even as Amazon executives have already picked Memphis for the site of a distribution center.

25. Last Word: T.A. Talks Memphis, EDGE Debate and Politics, Lots of Politics - Thursday, October 19, 2017

Grizz season opener at the Forum Wednesday is a win over NOLA 103 – 91. And Tony Allen’s Grizz jersey is retired. The day before, Allen wrote a piece for The Players’ Tribune on the Memphis experience and it is just about the best thing that will happen to you all day. He just walks right off the court and into the soul of this place.

26. Amazon, Pfizer Approved for Tax Incentives - Thursday, October 19, 2017

Amazon was awarded a 15-year payment-in-lieu-of-taxes incentive by the Economic Development Growth Engine for Memphis and Shelby County at its Wednesday, Oct. 18, meeting, despite the online retailer’s proposed distribution center spurring a larger debate about the types of jobs the city should incentivize in the future.

27. Amazon, Pfizer Seek Incentives for Projects - Tuesday, October 17, 2017

While Memphis has been working to win the nod from Amazon in the company’s highly publicized decision on where it will put its second headquarters, the city is poised to get a major unrelated investment from the e-commerce giant.

28. Last Word: Tigers Make Top 25, Pfizer's Next Tax Break and Shepherds Creek - Monday, October 16, 2017

The Tigers make the top 25 ESPN Power Rankings for college football with the Liberty Bowl victory Saturday over Navy 30 – 27. And Tigers coach Mike Norvell responds to the pre-game arrest of a player on a rape charge.

29. Amazon Confirms Plans for $72M Memphis Distribution Center - Saturday, October 14, 2017

While Memphis has been working to win the nod from Amazon in the company’s highly publicized decision on where it will put its second headquarters, the city is poised to get a major unrelated investment from the e-commerce giant.

30. Pfizer Seeks Incentives to Retain Financial Services Operations in Memphis - Saturday, October 14, 2017

Admitting that its workforce in Memphis has been declining due to technology and business changes, pharmaceutical company Pfizer Inc. is seeking a 14-year payment-in-lieu-of-taxes incentive from the city and county to retain its finance and accounting operations in Memphis with a “stabilized” workforce of about 250 workers.

31. Amazon Planning Memphis Distribution Center, Sources Say - Thursday, October 5, 2017

Memphis is poised to land a massive Amazon distribution facility just north of the state line in Southeast Shelby County, according to multiple sources familiar with the project.

The Daily News first reported last week that Atlanta-based developer IDI Gazeley is launching a new large-scale commercial warehouse less than two miles from the Memphis International Airport, which appears to be the site that Amazon has targeted for its new fulfillment center.

32. Execution Anxiety: Facing the Back End - Tuesday, October 3, 2017

After the thrill of a successful front end of innovation project, a company gains valuable insights and perspective. They also receive a portfolio of market-tested concepts that range from easy-to-launch to some that are totally new, a breakthrough for them as a company and their market.

33. 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. 

34. 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. 

35. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower - Thursday, August 3, 2017

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.

5100 Poplar Ave.
Memphis, TN 38137

36. Expeditors Signs Lease In Pilot Distribution Center - Wednesday, August 2, 2017

Seattle-based logistics company Expeditors has signed 100,000-square-foot lease in the Pilot Distribution Center, located at 4221 Pilot Drive.

37. 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.

38. UWT Logistics Renews Lease in Pilot Center - Saturday, July 8, 2017

UWT Logistics will renew its 100,000-square-foot lease in the Pilot Distribution Center located at 4221 Pilot Drive in Southeast Memphis.

39. Cooper-Young Getting New Coffee House - Thursday, July 6, 2017

945 Cooper St.
Memphis, TN 38104

Permit Amount: $85,750

Application Date: July 2017

40. UWT Logistics Renews Lease in Pilot Center - Tuesday, July 4, 2017

UWT Logistics will renew its 100,000-square-foot lease in the Pilot Distribution Center located at 4221 Pilot Drive. Hank Martin and Elliot Embry with NAI Saig Co. represented the landlord, Sealy Co., in the deal.

41. Last Word: No Deal, Ivan Rabb and Intermodals in Overton Park - Friday, June 30, 2017

And the winner is … not Fred’s. After months of speculation about the Memphis-based discount retail store’s transformation into a pharmacy-based enterprise with the purchase of hundreds of Rite Aid stores in a third-party divestment move, Fred’s was nowhere to be found when Walgreens announced a deal Thursday to buy the Rite Aid stores. The corporation told investors it will still pursue its strategy but acknowledged its trajectory is “stunted” – that as Fred’s got hammered on Wall Street.

42. Last Word: Health Care Plan React, Treasury Footprint and Tom Bowen - Take Two - Friday, June 23, 2017

It’s like they aren’t even looking at the same legislation. That’s one explanation of the very different reviews the Senate health care bill got Thursday as it was unveiled in Washington. Illustrating the contrast, the reactions of Republican U.S. Senator Lamar Alexander of Tennessee and Democratic U.S. Rep. Steve Cohen of Memphis.

43. MLGW Awarded TVA Solar Capacity - Wednesday, May 10, 2017

Memphis Light, Gas and Water Division is one of seven power companies awarded a total of 10 megawatts of solar capacity by the Tennessee Valley Authority.

MLGW applied for the capacity as part of the TVA’s Distributed Solar Solutions pilot program.

44. Award-Winner McCloy Brings Modern Applications to Library System - Thursday, April 6, 2017

Keenon McCloy got around to doing the math on her time at City Hall. “I just crossed over 25 years,” said McCloy, director of the Memphis Public Libraries system, a position she has held for 10 years. Before that she was director of the city’s Division of Public Service, head of the Memphis Sexual Assault Resource Center and started as director of the transition office for Memphis Mayor-elect Willie Herenton in 1991, one of four mayors whose administrations she has worked in.

45. Last Word: The CA Marks A Year, Bike Lanes and Nicole Miller for Fashion Week - Wednesday, March 29, 2017

The city of Memphis is in a two-front legal fight in federal court over alleged surveillance of protesters that landed several dozen of them on the City Hall list – according to each of the two lawsuits filed this past month.

46. Last Word: Wessman Trouble, Selling 495 Union and An Underground Film Icon - Friday, February 17, 2017

When Wessman Development came to town last year with the idea of a boutique hotel, the Palm Springs, California company was part of the flood of smaller hotel projects Memphis was seeing and is still seeing. Then the company added another hotel and just this month the redevelopment of a building on Madison west of Second Street as apartments with retail on the ground floor. In a very short period of time, Wessman has had a lot of plans for Memphis.

47. NuVasive Receives 11-Year PILOT, Will Invest $116 Million - Friday, February 17, 2017

Medical device company NuVasive Inc. has been approved for an 11-year tax incentive that will allow them to invest $116 million into their southeast Memphis facility and create 15 net new jobs.

48. Last Word: Council Day, Strickland on Immigration and Super Bowl Ad Review - Tuesday, February 7, 2017

Just when the Shelby County Commission seems to settle into a rhythm of short, concise meetings, along comes a relatively smallish grant for a free condom distribution program locally. And the commission chambers are packed.

49. Olive Branch Operation Eyes Relocation to Memphis - Thursday, November 17, 2016

International Distributors USA Inc., which distributes automotive filters under the brand Premium Guard, has applied for a 10-year Fast Track PILOT to move its national distribution center out of Olive Branch and into Hickory Hill.

50. Crime Commission Leaders Talk About Focused Five-Year Plan - Friday, October 28, 2016

The new Operation: Safe Community five-year anti-crime plan should be released in November and it will likely be a more focused set of goals and objectives. That’s what we heard as The Daily News Editorial Board talked with Memphis-Shelby Crime Commission president Bill Gibbons and crime commission vice president for Social Engagement Harold Collins.

51. Wal-Mart Buying Online Retail Newcomer Jet.com - Tuesday, August 9, 2016

NEW YORK (AP) — Wal-Mart is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of challenging online leader Amazon.

52. TAG Expects Truck Facility to be Operational by Mid-2017 - Saturday, July 23, 2016

TAG Truck Center is moving forward with a $28 million trucking facility at the former site of the Mall of Memphis. Contractor Linkous Construction Co. recently filed two building permits for TAG’s new headquarters.

53. Moving Dirt - Saturday, April 9, 2016

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

54. Collierville Assisted Living Facility Sells for $17 Million - Tuesday, January 12, 2016

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

55. Pilot Distribution Center Sells for $11.9 Million - Saturday, January 9, 2016

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

56. Pilot Distribution Center Sells for $11.9 Million - Wednesday, January 6, 2016

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

57. Memphis, North Mississippi Competition Raises Questions - Saturday, December 5, 2015

When leaders of the city-county Economic Development Growth Engine didn’t grant developers a $24 million tax abatement to build an industrial park on the site of the former Mall of Memphis, some saw it as more kindling for competition between the industrial markets of North Mississippi and Southeast Shelby County.

58. New Tax Incentive Aims to Boost Declining Memphis Neighborhoods - Wednesday, September 16, 2015

Just north of Interstate 40, the commercially empty gateways to the Frayser neighborhood between North Hollywood Street and North Watkins Street are hardly fit to accommodate the thousands of vehicles that pass by every day.

59. Cloverleaf Shopping Center Sells in $4.8 Million Deal - Tuesday, August 25, 2015

5071, 5079 and 5150 Summer Ave.
761 N. White Station Road
Memphis, TN 38122

60. Cummins Continues Memphis Expansion - Saturday, August 22, 2015

Cummins Inc. continues to expand its new distribution center in Memphis.

Dan Walker Associates Inc. applied for a $2.7 million building permit to renovate the existing 400,000-square-foot building at 5800 Challenge Drive in Southeast Memphis just across the street from the existing Cummins distribution facility on Quest Way.

61. Cummins Continues Memphis Distribution Center Expansion - Wednesday, August 19, 2015

Cummins Inc. continues to expand its new distribution center in Memphis.

Dan Walker Associates Inc. applied for a $2.7 million building permit to renovate the existing 400,000-square-foot building at 5800 Challenge Drive in Southeast Memphis just across the street from the existing Cummins distribution facility on Quest Way.

62. Proposal Prompts Closer Look at Tax Breaks - Wednesday, August 19, 2015

In recent years, the tax incentives used to bring economic development and jobs to Memphis have been a lightning rod.

The debate’s volume grew as it became apparent that Memphis was emerging from the national recession at a slower pace than other major cities as well as some parts of rural west Tennessee and north Mississippi.

63. Developers Seek $24.4 Million Tax Break for Mall Site - Tuesday, August 18, 2015

The owners of the former Mall of Memphis property are seeking a 15-year tax break for a $112.7 million “Aerotropolis development.”

Huntington Industrial Partners of Atlanta and Johnson Development Associates Inc. of Spartanburg, S.C., have applied for the payment-in-lieu-of-taxes, or PILOT, agreement for a speculative industrial building on the 113-acre site at American Way and Perkins Road.

64. $113 Million Development Planned for Mall of Memphis Site - Saturday, August 15, 2015

The owners of the former Mall of Memphis property are seeking a 15-year tax break for a $112.7 million “Aerotropolis development.”

Huntington Industrial Partners of Atlanta and Johnson Development Associates Inc. of Spartanburg, S.C., have applied for the payment-in-lieu-of-taxes, or PILOT, agreement for a speculative industrial building on the 113-acre site at American Way and Perkins Road.

65. Memphis Sole - Saturday, July 25, 2015

The football field measurements are perhaps inevitable in describing just how big Nike’s Northridge distribution center in Frayser is after its $301 million expansion.

The 2.8 million-square-foot facility – the equivalent of 49 football fields – is Nike Inc.’s largest distribution center in the world.

66. Ikea Buys Cordova Acreage For Planned Memphis Store - Tuesday, July 21, 2015

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

67. Cummins Begins Memphis Distribution Expansion - Saturday, July 18, 2015

Cummins Inc. is retooling its current distribution center in Memphis as it prepares for a planned expansion.

68. Cummins Begins Memphis Distribution Expansion - Tuesday, July 14, 2015

Cummins Inc. is retooling its current distribution center in Memphis as it prepares for a planned expansion.

Dan Walker Associates Inc. has applied for a nearly $2.2 million building permit to renovate the existing Cummins distribution center at 4155 Quest Way in southeast Memphis.

69. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments - Tuesday, June 23, 2015

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

70. Dayco Wins Tax Break For Distribution Operations - Friday, June 19, 2015

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

71. Dayco Awarded Tax Incentive for Memphis Warehouse - Thursday, June 18, 2015

A Michigan-based manufacturer of belts and other items for the automotive, industrial and aftermarket sectors has been awarded a tax break to open a national distribution center in Memphis.

The city-county Economic Development Growth Engine awarded Dayco Products Ltd. a five-year tax incentive for the distribution center, which will employ 174 workers. The average annual pay for employees would be $26,753, plus benefits.

72. Dayco Seeks Tax Break for Memphis Distribution Center - Tuesday, June 16, 2015

A Michigan-based manufacturer of belts and hoses is seeking local tax incentives for a Memphis distribution center.

Dayco Products Ltd., which has filed a payment-in-lieu-of-taxes application with the city-county Economic Development Growth Engine, says the center would employ 174 workers.

73. Machinery Parts Maker Seeks Tax Incentives for Memphis Distribution Center - Saturday, June 13, 2015

A Michigan-based manufacturer of belts and hoses is seeking local tax incentives for a Memphis distribution center.

Dayco Products Ltd., which has filed a payment-in-lieu-of-taxes application with the city-county Economic Development Growth Engine, says the center would employ 174 workers.

74. Stein World Finds New Home - Friday, May 22, 2015

Stein World has found a new home. The furniture distributor, which played a pivotal role in Cummins Inc.’s decision to expand locally, has inked a lease for 330,870 square feet at 5321 Shelby Drive.

75. Cummins Will Stay, Expand in Memphis - Tuesday, May 19, 2015

Ending months of speculation, Cummins Inc. will remain – and expand – in Memphis, according to state and company officials.

Cummins and the Tennessee Department of Economic and Community Development said the company would invest $6.7 million to expand its current parts and distribution center in Memphis, creating 70 new jobs in the process.

76. New Tigers Indoor Football Facility Nears Kick-Off - Tuesday, March 24, 2015

1115 E. Getwell Loop
Memphis, TN 38152
Permit Amount: $15 million

Permit Application Date: March 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

77. Nike Applies for $2.2 Million In Building Permits - Saturday, March 21, 2015

Nike Inc. has applied for two building permits totaling $2.2 million for alterations to its distribution center at 3100 New Frayser Blvd.

78. EDGE Developing Guidelines for Destination Retail Incentives - Saturday, March 21, 2015

When Swedish furniture retail giant Ikea announced it wanted to build one of its destination retail centers in Memphis, the company was greeted with open arms.

Mayor A C Wharton Jr. even held a City Hall press conference to announce the news in December.

79. Nike Applies for $2.2 Million in Building Permits - Wednesday, March 18, 2015

Nike Inc. has applied for two building permits totaling $2.2 million for alterations to its distribution center at 3100 New Frayser Blvd.

80. High Flyer - Saturday, February 21, 2015

She does not want to tell this first story, the one that could have meant there would be no more stories. There is fear in sharing the story about how two airplanes nearly collided because she never wants to say anything that might dissuade people from flying.

81. Coca-Cola Awarded Incentives to Stay, Expand in Memphis - Wednesday, February 18, 2015

Coca-Cola appears poised to grow its Memphis presence.

The city-county Economic Development Growth Engine awarded Coca-Cola Refreshments USA Inc. a 15-year tax break Wednesday, Feb. 18 to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis.

82. Coca-Cola Considers Relocation, Consolidation - Saturday, February 14, 2015

Coca-Cola Refreshments USA Inc. is considering a $4.8 million project to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis, according to application for a tax freeze.

83. Shelby Farms Conservancy Seeks $7.2 Million in Permits - Tuesday, February 3, 2015

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

84. Nike Seeks $1.6 Million Permit for Frayser Expansion - Friday, January 30, 2015

Nike Inc. has applied for a $1.6 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

85. EDGE Approves Ikea Incentives - Friday, January 23, 2015

Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.

The board of the city-county Economic Development Growth Engine on Wednesday, Jan. 21, approved the controversial payment-in-lieu-of-taxes incentive on an 8-1 vote. Larry Jackson voted against the measure.

86. City, County Catch Late-Year Economic Development Surge - Wednesday, December 24, 2014

Through September, things were looking somewhat bleak for Memphis and Shelby County on the economic development front.

At that point in the year the city and county were on pace to tie a record low for the number of payments-in-lieu-of-taxes, or PILOT, agreements granted to companies in a year. While granting fewer tax incentives could be viewed as good news because companies were more fiscally sound or confident about operating in Memphis and Shelby County, the lower level of activity represented a dip in the level of economic investment in the area.

87. Target, Cummins Awarded Tax Breaks - Friday, December 19, 2014

Two companies won approval Wednesday, Dec. 17, for tax incentives for projects that will create around 1,400 jobs.

The board of the city-county Economic Development Growth Engine approved 15-year payment-in-lieu-of-taxes, or PILOT, incentives for Target and Cummins Inc.

88. Target, Cummins Awarded 15-Year Tax Breaks - Thursday, December 18, 2014

Two companies won approval Wednesday, Dec. 17, for tax incentives for projects that will create around 1,200 jobs.

The board of the city-county Economic Development Growth Engine approved 15-year payment-in-lieu-of-taxes, or PILOT, incentives for both Target and Cummins Inc.

89. Collins, Harris Discuss Tax Incentive Concerns - Tuesday, December 16, 2014

Memphis City Council members Harold Collins and Lee Harris agree for the most part on the value of the Graceland expansion plan the council approved two weeks ago.

90. Target, Cummins Seek 15-Year Tax Breaks - Saturday, December 13, 2014

Memphis and Shelby County are offering generous tax incentives to attract and retain hundreds of jobs.

Discount retailer Target and Cummins Inc. are seeking tax breaks for projects that total 1,429 jobs.

91. Lynnfield Place Apartments Sell for $22.4 Million - Tuesday, November 25, 2014

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

92. Nike Inc. Applies For $2M Building Permit - Saturday, November 22, 2014

Nike Inc. has applied for a $2 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

93. Nike Applies for $2 Million Building Permit - Thursday, November 20, 2014

Nike Inc. has applied for a $2 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

94. Highland Row Developer Applies for $6.7 Million Permit - Tuesday, November 11, 2014

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

95. Nike Applies for Building Permits - Saturday, November 8, 2014

Nike Inc. has applied for two building permits totaling $691,600 through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

96. Nike Applies for Building Permits - Friday, November 7, 2014

Nike Inc. has applied for two building permits totaling $691,600 through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

97. CCRFC Considers Conservation Bonds for Crosstown - Wednesday, November 5, 2014

The Sears Crosstown redevelopment project could get an infusion of funds for energy conservation efforts.

The Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission, is considering issuing $14.5 million in Qualified Energy Conservation Bonds for the $180 million Crosstown project for energy conservation efforts.

98. CWCapital Sheds Willow Lake Buildings - Tuesday, October 28, 2014

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

99. Let’s Make Sure It Fits - Friday, October 24, 2014

A couple of guys I know have been renting tuxes around here for 50 years. The first guy, Guy Miller, was a photographer with a studio on Cleveland where Saigon Le is today. He started renting tuxes there as a sideline in 1965 and then hung up his camera and went formal full-time.

100. Nike Inc. Applies For $1.9 million Building Permit - Wednesday, October 22, 2014

Nike Inc. has applied for a $1.9 million building permit with the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.