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Editorial Results (free)

1. Novel Evokes Memories of Davis-Kidd, With a Few Updates -

If you turn your head and squint your eyes just right, you can almost believe that Davis-Kidd Booksellers is back.

That beloved Memphis institution closed in 2011 after more than 25 years in operation. The store was soon renamed the Booksellers at Laurelwood, but while it had the same location and the same employees, it wasn’t quite the same as its predecessor. Then, after barely six years in business, that store also closed down in February, leaving a gaping hole in the city for readers who still liked to visit bookstores.

2. Last Word: The Orange Mound Way, Midtown Apartments and 'I Am A Man' Plaza -

First day of school redux on Tuesday for students in Memphis Catholic Schools and it is a half-day. The first day of classes in most of the county’s other schools Monday went smoothly. Shelby County Schools reports more than 6,000 students registered on the first day of school despite another concerted effort at numerous events to register students in advance. That’s in a school system of approximately 96,000 students.

3. Tax Breaks Broaden For Residential, Retail Deals -

Some changes are coming in the rules surrounding incentives that the Economic Development Growth Engine for Memphis and Shelby County – or EDGE – can use for different kinds of development and for broader use of tax increment financing – or TIF – zones to sustain redevelopment.

4. Last Word: Primary Care, Weirich On Twitter and Tigers Offense -

Shelby County District Attorney General Amy Weirich has been responding by Twitter for the last two days to the New York Times Magazine article about the Noura Jackson case that went up online earlier this week. Using the hashtag “ProCrimeNYTimes,” Weirich @ShelbyCountyDA -- tweeted Wednesday that the long read is “a blatant effort to create sympathy for the defendant while demonizing prosecutors.”

5. HealthChoice Promotes Henning To Director of Population Health -

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.

6. Fully Loaded -

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.

7. Binghampton, Frayser Retail Projects Look To Lift Communities -

They say retail is a numbers game, and for some communities, when those numbers don’t add up they can get left behind by developers.

That’s why the Binghampton Gateway and Frayser Gateway – a pair of retail projects in different areas and stages of development – hope to send a message that overlooked communities have more to offer than just numbers.

8. Last Word: ICE Raids, Who's Buying Afton Grove and Malco Powerhouse Plans -

A protest Sunday evening at the Prescott Place Apartments after federal ICE agents – Immigration and Customs Enforcement – took people into custody there and at Emerald Ridge and Corner Park apartments Sunday morning. The group of organizations protesting the federal action – Memphis Coalition of Concerned Citizens, Cosecha and SURJ Memphis -- say Memphis Police assisted in the immigration operation. Memphis Police deny they were involved in any way. No estimate from ICE on how many people were detained.

9. Binghampton, Frayser Retail Projects Could Lift Respective Neighborhoods -

They say retail is a numbers game, and for some communities, when those numbers don’t add up they can get left behind by developers.

That’s why the Binghampton Gateway and Frayser Gateway – a pair of retail projects in different areas and stages of development – hope to send a message that overlooked communities have more to offer than just numbers.

10. Atlanta Retail Investor Makes $29M Purchase -

In this week’s Real Estate Recap, an 18-acre shopping center in the heart of Bartlett sells for $28.8 million, Ulta Beauty prepares to build out its space in Poplar Commons, and Dave & Buster’s continues work on its first Memphis location...

11. Bartlett Shopping Center Sells for Nearly $30M -

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.

12. Saturday Night Scenes on Beale Street -

Some observations from three consecutive Saturday nights on Beale Street at and after 10 p.m.

Beale Street just before 10 p.m. is about bubbles. Street vendors selling bubble guns – toy guns that shoot bubbles – do a brisk business before 10. A girl in a stroller watches with wide eyes as her finger is locked on the trigger and bubbles spew forth. By the time she reaches the middle of the block between B.B. King Boulevard and Second Street, the stream of bubbles begins to slow.

13. $18.5 Million Permit Filed for Central Station Project -

In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...

14. EDGE Gives Frayser Gateway Project Nod -

With all of the new development buzzing around Downtown, Midtown and East Memphis, it could be easy to overlook the addition of a new grocery store, but for some Frayser residents, it could mean everything.

15. Walmart Touts Investment in People, Technology as Advantages -

FAYETTEVILLE, Ark. (AP) – Walmart CEO Doug McMillon touted the company's investments in people and technology, but also said the company may have reached an employment peak and urged employees not to be afraid of automation.

16. Medical District Apartments Sell for $5.2 Million -

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...

17. Last Word: Centennial, Hackett Retires -- Sort Of and Baseball Dreams -

Monday marks 100 years since a mob took Ell Persons off a train and to the Macon Road Bridge across the Wolf River and burned him alive. It was the lynching that gave birth to the Memphis Branch NAACP one month later. The national NAACP field office investigator who came to Memphis at great personal peril to investigate Person’s death was none other than James Weldon Johnson, the man who also composed “Lift Every Voice and Sing.”

18. Memphis Retail Brokers Preparing for Largest Event of the Year in Vegas -

This week more than 37,000 retail real estate professionals from 58 countries will gather in Las Vegas for the International Council of Shopping Centers’ annual RECon convention.

At the event, which will run May 21-24, there will be no shortage of representatives from the Bluff City who run the gamut from brokers, developers and landlords looking to attract the next big restaurant, hotel or store, to Memphis-based companies like AutoZone and FedEx Office looking to grow their global footprint.

19. Clark Tower Wraps Up $8 Million Renovation -

Commercial real estate firm Colliers International has announced the owner of Clark Tower, In-Rel Properties, has finished an $8 million renovation of the iconic East Memphis office building. Details on that and other top deals in this week's Real Estate Recap...

20. New Bookstore Called Novel to Open in Laurelwood -

A bookstore is set to return to Laurelwood Shopping Center. An investor group that's picking up where the February closure of The Booksellers at Laurelwood left off has signed a five-year lease for their bookstore, which will be called Novel and is planned to open around Aug. 1.

21. Management Firm Buys Midtown Retail Center -

Absolute Storage Management has purchased a Midtown retail center for a little more than $1 million.

The Memphis-based firm, working under the name ASM Storage Partnership, purchased the building at 376 N. Cleveland St. from Overton Park Commons LLC, according to an April 24 warranty deed filed with the Shelby County Register of Deeds.

22. Memphis Management Firm Buys Midtown Retail Center -

Absolute Storage Management has purchased a Midtown retail center for a little more than $1 million.

The Memphis-based firm, working under the name ASM Storage Partnership, purchased the building at 376 N. Cleveland St. from Overton Park Commons LLC, according to an April 24 warranty deed filed with the Shelby County Register of Deeds.

23. Independent Bookstore Day Celebrates Reading, Small Businesses -

It probably won’t escape many local participants and supporters of Independent Bookstore Day this weekend that the day is as much about the survival of the medium as it is a celebration of it.

24. Shaffer Named Executive Director Of Rebranded BLDG Memphis -

John Paul Shaffer recently was named executive director of BLDG Memphis, the rebranded entity that brings the Community Development Council of Greater Memphis and Livable Mem-phis under a single organizational identity.
In his new role, Shaffer’s job is to guide the organization in its mission of supporting neighborhood revitalization through a network of organizations and individuals working in the community development space – which BLDG Memphis does primarily through organizational capacity building, community education and engagement, and public policy and advocacy – as well as to promote the new brand. 

25. Shops of Wolflake Near Wolfchase Sells for $4.8M -

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

26. Shops of Wolflake Sells for $4.8 Million -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

27. Last Word: Lawsons Exit, LaRose Lessons and No Medicaid Expansion This Year -

The Lawson Brothers exit Tigers basketball seeking a release from the University of Memphis. The statement from Dedric and K.J. Lawson was all sweetness and light and apparently about as sincere as one of those interviews where players and coaches declare that if they will just play hard and put more points on the board than the other team then they should win.

28. Shops of Wolflake Near Wolfchase Sold for $4.8M -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

29. Uncovering Beautiful Miami Beach -

When LeBron James joined the Miami Heat in 2010, he made it fashionable for us all to take our talents to South Beach.

All the cool kids go to South Beach. I visited once before when I was 7, just before “Miami Vice” made the city cool while exploring the dark side of what it had become under the stranglehold of the drug trade. 

30. Last Word: Calipari Madness, Wolfchase 20 Years On and The Path Beyond Chemo -

John Calipari returns to Memphis at week’s end after Kentucky advanced Sunday to the NCAA South semifinals at FedExForum Friday. But based on the way his team played Sunday after a close game with Northwestern Saturday he might not be here long.

31. Wolfchase At 20 -

For the shopping mall – that quintessential staple of American retail, the biggest of big boxes, a sprawling, multilevel marvel of commercial magnificence – these are most certainly interesting times.

32. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

33. The Week Ahead: March 7-13 -

Happy Monday, Memphis! Get your taste buds ready: Both Memphis Black Restaurant Week and the inaugural Vintage901 festival are taking place in the coming days. We’ve got details on those, plus plenty of other fun activities and entertainment to check out in The Week Ahead… 

34. CRE Brokers Speculate on Future of Commercial Appeal Headquarters -

When USA Today Network executive and president of The Tennessean newspaper Laura Hollingsworth came into town the day after The Commercial Appeal announced printing operations will be moving to Jackson, Tennessee, she told the staff that while no immediate plans were in place, selling the daily paper’s iconic building was certainly a possibility down the road.

35. Binghampton Gateway Comes to Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

36. Binghampton Gateway Center Spells End for Inner City Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

37. Belz Pulls $1.1M Permit For Plasma Biological Services -

Belz Construction Services LLC has pulled a $1.1 million building permit on behalf of Plasma Biological Services LLC.

The application filed with the city-county Office of Construction Code Enforcement calls for tenant improvements on 19,088 square feet at 3570 S. Mendenhall Road.

38. Belz Pulls $1.1M Permit For Plasma Biological Services -

Belz Construction Services LLC has pulled a $1.1 million building permit on behalf of Plasma Biological Services LLC.

39. Parkside Developers Finish Acquiring Land for Shelby Farms Urban Village -

Developers of Parkside at Shelby Farms, a proposed mixed-use project, took another step forward with the purchase nearly 40 acres of vacant property adjacent to Shelby Farms.

40. Scenarios Emerge to Keep Booksellers at Laurelwood Going -

For sale: One beloved, 32-year-old independent bookstore. Asking price? $800,000. That’s what Booksellers at Laurelwood owner Neil Van Uum says he’d accept to unload the store, days after announcing its impending closure and a liquidation sale that begins on Friday, Jan. 6.

41. Herenton's First New Year's Remarks In A Decade Stir Pot -

It’s been 10 years since Willie Herenton delivered his last New Year’s Prayer Breakfast message – a political homily Herenton made an institution while serving as mayor of Memphis.

42. Midtown Retail Property Sells for $5 Million -

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

43. Trader Joe’s Developer Seeks $2.5M Permit -

2130 Exeter Road, Germantown, TN 38138 • Permit Amount: $2.5 million 

Future Tenant: Trader Joe’s 

Developer: CAP Germantown LLC

44. Last Word: Football Comes Back, Snuff on Front Street and Pot Is Short of Seven -

I have a question that some of you may not care for? Is football making a comeback in this basketball town for a more prominent place in the conflicted and diverse hothouse that is Memphis culture?

45. Last Word: Fire Recovery, Justice Department Work Begins and Rocky Top Angst -

The death toll in the East Tennessee wildfires goes to 10 Thursday as the recovery effort moves beyond a search for those missing. The count of buildings burned in Sevier County is estimated at more than 700 – 300 just in Gatlinburg. And 47 people are injured by the latest count. The count of those who died in the fires includes confirmation that Jon and Janet Summer of Memphis are among the dead recovered so far.

46. Three CRE Firms Join to Improve Connectivity at Busy Poplar Corridor -

Three Memphis real estate companies with significant assets in the Poplar Avenue/Ridgeway Road area are making plans to improve connectivity and walkability there.

Boyle Investment Co., Highwoods Properties Inc. and Loeb Properties Inc. are forming the Shady Grove/Ridgeway Business Owners Association (BOA), an advocacy organization focused on pedestrian/streetscape enhancements for the East Memphis business district, particularly at Poplar and South Shady Grove Road.

47. Memphis 3.0 Begins With Talk About Frayser Plan -

The city of Memphis hasn’t had a comprehensive long-term plan since 1981. But it has been just 2 1/2 years since a coalition of neighborhood groups in Frayser put together a “Frayser 2020” plan and took it to City Hall where it didn’t have the political support to get city funding.

48. Demand for Long-Term Care Insurance Expected to Rise -

With the youngest of the country’s 70 million baby boomers now in their 50s and the average life expectancy for Americans having increased to nearly 80 years, the need for long-term illness care either at home or in assisted living facilities is on the rise. Rates for long-term care insurance have spiked in the past several years, making the decision tougher for many considering the coverage.

49. Holiday Decision -

In recent years the holiday shopping season has been inching back further and further, with some retailers choosing to give up the tradition of being closed on Thanksgiving. But this year public backlash has reached the top of the retail chain, and some big malls and shopping centers are deciding it’s not worth opening on the national holiday.

50. Last Word: The Long Count, Bigger Than Boutiques and God's View of the NBA -

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.

51. Laurelwood to Renovate, Add Two Retail Tenants -

Laurelwood Shopping Center will undergo a $1 million renovation and is bringing in two new tenants, a local fine gifts retailer and a New York-based clothier.

The renovation will come in early 2017 and provide a “cleaner, more contemporary scheme” that will include new, angular awnings and European stone on the columns for texture, according to the center.

52. Laurelwood Getting $1M Renovation, New Retailers -

Laurelwood Shopping Center will undergo a $1 million renovation and is bringing in two new tenants, a local fine gifts retailer and a New York-based clothier.

The renovation will come in early 2017 and provide a “cleaner, more contemporary scheme” that will include new, angular awnings and European stone on the columns for texture, according to the center.

53. Real Estate Awakening -

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.

54. Crosstown Concourse Gets New Restaurant Concept -

A new start-up organic vegetarian restaurant concept is launching in Memphis, debuting at Crosstown Concourse in early 2017.

The concept is Mama Gaia, from restaurateurs Philipp and Cru Peri von Holtzendorff-Fehling. It’s a fast-casual dining experience offering an exclusively organic vegetarian menu. The restaurant signed a lease for its debut location at 1350 Concourse Ave., Suite 137, with plans to open early next year.

55. New Restaurant Concept Lands at Crosstown Concourse -

A new startup organic vegetarian restaurant concept is launching in Memphis, debuting at Crosstown Concourse in early 2017.

The concept is Mama Gaia, from restaurateurs Philipp and Cru Peri von Holtzendorff-Fehling. It’s a fast-casual dining experience offering an exclusively organic vegetarian menu. The restaurant signed a lease for its debut location at 1350 Concourse Ave., Suite 137, with plans to open early next year.

56. Events -

Talbots Saddle Creek will hold a shopping event to benefit Junior League of Memphis on Thursday, Sept. 29, from 5 p.m. to 8 p.m. at the store, 2055 West St. Ten percent of pre-tax sales will be donated to JLM. RSVP to Talbots at 901-753-5925. 

57. Eden Square Debuts School, Arts Center -

Derwin Sisnett remembered a Christmas from his childhood this weekend. He wanted a Nintendo gaming system and remembers he and his brother searching their home while their parents where elsewhere.

On Christmas Day they discovered their parents had hidden the most cherished present in plain sight.

58. Three Industrial Properties Sell for $9.6 Million -

Malone Distribution Park 

Memphis, TN 38118

Sale Amount: $9.6 million

Sale Date: Sept. 8

59. Memphis Drawing More Out-of-Town Retailers -

Second- and third-tier retail markets are seeing a resurgence nationally, and Memphis’ own economic recovery is garnering attention from out-of-town retailers.

Among the higher-end retailers preparing for their first local store are Ikea, which is set to open in the next few months, and Trader Joe’s and Nordstrom Rack, both of which are in their early stages and are expected to open by the end of 2017.

60. The Week Ahead: September 5-11 -

Happy Labor Day, Memphis! We hope you’re wrapping up this three-day weekend on a relaxing note – and, if you buy into arbitrary fashion etiquette, that you’re enjoying wearing your white clothing and seersucker suits one last time. There’s plenty going on this week, from Mid-South Book Fest to the Southern Heritage Classic, so let’s get right to it…

61. Last Word: Heart of the Park, Tigers Opener Preview and Memphis In May Numbers -

“Try to remember the kind of September when life was slow and oh, so mellow. Try to remember the kind of September when grass was green and grain was yellow.”

It would appear this is that kind of September you would otherwise be remembering.

62. Cordova’s Parkway Place Sells in Foreclosure -

1250 N. Germantown Parkway

Cordova, TN 38016

Sale Amount: $19.6 million

Sale Date: Aug. 24, 2016

63. Last Word: Mike McLean's Campaign, Jimmy Carter and Beyond Disparity Studies -

Mike McLean is running one heckuva campaign for Clerk of the Courts. Some of you are thinking, “Why haven’t I heard of that position before?” “Who is the incumbent?”

64. Bursting the Bubble -

Graceland is in Memphis. But the two have tended to coexist, rather than being part of each other, since Elvis Presley’s home opened as a commercial enterprise in 1982.

That is starting to change as a $137 million expansion of Graceland – a $92 million hotel resort opening in October and a $45 million, 200,000-square-foot entertainment complex west of the mansion to open in the spring of 2017 – begins to overlap with a renewed emphasis on Whitehaven as the home of many of the city’s middle class.

65. The Week Ahead: Aug. 15-21 -

Happy Monday, Memphis! If you’re looking for something to do this week, look no further. Here’s our weekly roundup of local events and other happenings you need to know about, from the Elvis Week candlelight vigil to a fun evening of craft beer and DIY art…

66. Wal-Mart Buying Online Retail Newcomer Jet.com -

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.

67. Pinnacle Financial to Anchor Boyle’s Building -

Pinnacle Financial Partners will be an anchor tenant in Boyle Investment Co.’s long-awaited office building in Ridgeway Center.

68. Pinnacle Financial Anchor Tenant in Boyle's New Office Building -

Pinnacle Financial Partners will be an anchor tenant in Boyle Investment Co.’s long-awaited office building in Ridgeway Center.

69. Bank Building Set To Become Boutique Hotel -

158 Madison Ave.
Memphis, TN 38103

Sale Amount: $1.1 million

Sale Date: June 13, 2016

Buyer: Wessman Holdings

70. New Center to Capitalize on Strong Retail Demand -

The shopping center at 6450 Poplar Ave. is fully constructed with tenants opening as soon as next month.

71. How safe is our food? -

It’s not easy being a food inspector in Tennessee, dealing with an updated statewide food code to protect the public from foodborne illnesses and educating restaurateurs, many with their own ideas about their cuisine, on following the rules.

72. South End Gets a $15 Million Apartment Complex -

250 E. G.E. Patterson Ave.
Memphis, TN 38126

Permit Amount: $14.6 million

Owner: Elmington Capital Group

73. 10 Years After Housing Peaked, US is More of a Renter Nation -

MOUNT PLEASANT, South Carolina (AP) – It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling.

74. Last Word: Back On, EDGE and Diversity and Jungle Room Sessions -

Are your lights on yet? How is your air conditioning? First came the rain Wednesday night and then came the power outages that stretched into Thursday.

So the last Twitter update from Memphis Light Gas and Water at 8 p.m. Thursday shows 248 outages in the MLGW service area with 2,746 customers still in the dark and the worst heat of the year so far. Those numbers translate to 95 percent of the customers impacted having their power restored Thursday evening.

75. Last Word: ServiceMaster Incentives, Muvico Memories and the Beale Street Cover -

It looks like the conversion of Peabody Place mall to the new headquarters of ServiceMaster is a $33.3 million job. That could be a running total depending on a PILOT amendment to come.

76. Nordstrom Rack-Anchored Center Gets $15.5M Construction -

4572 Poplar Ave.
Memphis, TN 38117

Permit Amount: $10.5 million

Project Cost: $15.5 million

Completion: Fall 2017

77. Laser Quest Closing In Poplar Plaza -

Laser Quest, a longtime tenant in the Poplar Plaza shopping center, is set to close on Sunday, May 29.

“We have been a proud part of the Memphis community for the last 20 years and as a company continue to grow,” said Phillips Aldis, director of sales and marketing for the laser-tag chain headquartered in Canada.

78. $21.6 Million in Construction Headed to Graceland -

1064 Craft Road

Memphis, TN 38116

Permit Amount: $18.1 million

Project Cost: $21.6 million

79. Tenants Named for New Germantown Parkway Strip -

A $10 million Germantown Parkway development will bring six new tenants to the area.

Dunkin’ Donuts signed a 2,000-square-foot lease for the five-acre shopping center between Fischer Steel and Moriarty roads. Pizza Rev will take a 2,400-square-foot space and Aspen Dental will take 3,500 square feet.

80. Tenants Named for New Germantown Parkway Strip -

A $10 million Germantown Parkway development will bring six new tenants to the area. Dunkin’ Donuts signed a 2,000-square-foot lease for the five-acre shopping center between Fischer Steel and Moriarty roads. Pizza Rev will take a 2,400-square-foot space and Aspen Dental will take 3,500 square feet.

81. Poplar Place Apartments Sell for $15.3 Million -

1669 Randolph Place
Memphis, TN 38120

Sale Amount: $15.3 million

Sale Date: May 6

Buyer: Poplar Place TN Townhomes LLC

82. Retail, Amenities Embellish Highland Row Development -

Highland Row, a mixed-use development sprawling across an entire block in the University of Memphis area, will see its first residents this summer.

Construction began in February on the three-building project located along Highland Street between Midland and Eastland avenues.

83. Frayser Truck Stop, Hotel Developers Change Plans -

Developers of a truck stop with a hotel on Hollywood at Interstate 40 in Frayser have dropped plans for the truck stop.

Representatives of the developers, Hospitality Builders of America, announced the change Tuesday, May 3, as the city council delayed a vote on the planned development on the site of the old Treasury department store.

84. Frayser Truck Stop, Hotel Developers Change Plans -

Developers of a truck stop with a hotel on Hollywood at Interstate 40 in Frayser have dropped plans for the truck stop.

Representatives of the developers, Hospitality Builders of America, announced the change Tuesday, May 3, as the city council delayed a vote on the planned development on the site of the old Treasury department store.

85. Last Word: Council Return on Overton, No Frayser Truck Stop and Historian-apolooza -

June 30 is fast approaching. It’s coming up so fast that the City Council is moving to seal in any agreement that might come from the Overton Park Greensward mediation process before the ink dries.

86. Council Approves Overton Boundary Ordinance on First Reading -

Memphis City Council members approved an ordinance Tuesday, May 3, on the first of three readings to set boundaries in Overton Park including the use of the park Greensward.

But some council members who supported a March 1 resolution that gave the Memphis Zoo control of the greensward were much more hesitant about the ordinance two months later.

87. Essential Tactics For Innovation Intrepreneurs -

For authentic innovation to occur at an organization, you have to craft the culture of a place to accept and embrace new ways of working together and being in the market.

More often than not, teams or outsourced agencies follow an innovation method, create many concepts that are new to the market and certain to create new value, but are crushed by the cultural antibodies of a place while still an embryonic idea.

88. Last Word: The Bible Veto Override Vote, Grizz Nostalgia and Kroger Goes Online -

The Tennessee Legislature hoped to end its 2016 session Wednesday at the end of an eventful day that included a failed attempt to override Gov. Bill Haslam’s veto of the bill that would have made the Bible the official state book.
But into Wednesday evening, the state House was still debating the Hall tax on dividends – specifically further roll backs of it. And the Senate had gone home for the night.
So Thursday looks like a good bet for the adjournment for the year and the formal start of the election season for incumbents.

89. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

90. Middle Tennessee construction can’t meet demand -

When it comes to residential real estate around Middle Tennessee, there are plenty of buyers but not nearly enough sellers, says Heather Benjamin with Reliant Realty’s Benjamin McConnell Group. And new construction just can’t keep up with the demand.

91. Moving Dirt -

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.

92. Last Word: Policing The Greensward, A Rural Oasis and Gene Chips -

The city of Memphis had 88 police staff and other city employees working an Overton Park detail Saturday and another 33 working Sunday on the same detail, according to the Strickland administration’s accounting on Monday.

93. Anne Dixon Joins BRIDGES as CFO -

Anne Dixon has joined BRIDGES as vice president of finance and chief financial officer. Dixon, who is a Bridge Builders alumna, is responsible in her new role for financial reporting and analysis to help BRIDGES leadership in performing their responsibilities. 

94. Nordstrom Will Lure More Class A Retailers to Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly-built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

95. Best-in-Class Retailers to Join Nordstrom Rack in East Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

96. Poplar Opens Up -

The prized retail stretch of Poplar Avenue between Perkins Road and Interstate 240 is shaking up in a way the area hasn’t seen in several decades. Within the next two years, more than 230,000 square feet will be made available in what has historically been a tight trade area.

97. Democratic Presidential Campaigns Battle for Memphis Voters -

Former local Democratic Party chairman and Shelby County Commissioner Matt Kuhn got right to the point Saturday, Feb. 13, as the Bernie Sanders presidential campaign opened its Memphis headquarters in the Chickasaw Crossing shopping center.

98. Medical Center Apartments Sell for $9.7 Million -

810 Washington Ave.
Memphis, TN 38105

Sale Amount: $9.7 million

Sale Date: Jan. 29, 2016

99. Last Word: Post Caucus, Fincher's Exit, 1919 Handwriting and Your Rolodex -

That close (very little light between index finger and thumb) between Clinton and Sanders in Iowa Monday evening.
Both live to fight another day in another state—New Hampshire.
And because it is Iowa – they each get to declare victory as long as they don’t go into a lot of detail about the totals.
This is one of those cases where it is like horsehoes and hand grenades – close does count.

100. Save-A-Lot to Anchor New Sam Cooper Shopping Center -

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group