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Editorial Results (free)

1. Memphis Depot Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

2. Last Word: Graceland's New Map, Weighted Caseloads and Rallings on Duran -

I’ve been thinking a lot about the term budget season and what that means in our political culture. My thought is we need to make this more season than process in the same way that we have made May more than just the last full month of spring. We should celebrate reprogramming and enterprise funds. Why hasn't someone written an ode to OPEB or at least done an OPEB mural? -- unless that was one of the ones on Willet that got painted over by mistake.

3. Mayor Strickland Takes Third Budget Proposal to City Council -

Memphis Mayor Jim Strickland takes his third budget proposal to the Memphis City Council Tuesday, April 24, opening City Hall’s budget season with what is expected to be a budget that keeps the city property tax rate stable.

4. Local Legislators Continue Efforts to Reform EDGE -

The push to reform the way the Economic Development Growth Engine for Memphis and Shelby County operates continued Friday, April 20 at a joint subcommittee meeting held by the Shelby County Commission and Memphis City Council.

5. Archer Malmo Wins Best of NAMA Awards -

Brand communications agency Archer Malmo was honored by the National Agri-Marketing Association at both the national and regional levels of the Best of NAMA awards.

The agency received a national first-place and national merit award, as well as a total of 25 regional awards.

6. Excavator Blamed for Island-Wide Blackout in Puerto Rico -

SAN JUAN, Puerto Rico (AP) — An island-wide blackout hit Puerto Rico on Wednesday as the U.S. territory struggles to repair an increasingly unstable power grid nearly seven months after Hurricane Maria. Officials said an excavator accidentally downed a transmission line.

7. The Latest: Judge Defends Right to Oppose Death Penalty -

LITTLE ROCK, Ark. (AP) — The Latest on an Arkansas judge participating in an anti-death penalty demonstration outside the governor's mansion (all times local):

12:35 p.m.

An Arkansas judge prohibited from hearing execution cases said he remains as committed to the law and his First Amendment right to express his "moral and religious" opposition to the death penalty as he was a year ago when he was disqualified for participating in an anti-capital punishment demonstration.

8. Archer Malmo Wins National, Regional Ag Industry Awards -

Brand communications agency Archer Malmo was honored by the National Agri-Marketing Association at both the national and regional levels of the Best of NAMA awards.

The agency received a national first-place and national merit award, as well as a total of 25 regional awards.

9. Luttrell Vetoes One Resolution, Refuses to Sign Another -

Shelby County Mayor Mark Luttrell has vetoed a resolution for attorney and former County Commissioner Julian Bolton to continue in his role as legislative policy adviser to the commission.

10. Luttrell Vetoes One Resolution, Refuses to Sign Another -

Shelby County Mayor Mark Luttrell has vetoed a resolution for attorney and former county commissioner Julian Bolton to continue in his role as legislative policy advisor to the commission.

11. Last Word: Parking Distrust, Early Voting Numbers and Missile Strike Reaction -

There is probably no better symbol of the distrust that has been a factor in reaching a compromise in Overton Park to end greensward parking by the Memphis Zoo. It is what happened to the idea of a walkway from the zoo plaza to the greensward with the critical juncture being where the gravel driveway is now that is used by cars to park on the greensward. We examine that and other larger points from last week’s decision by City Hall to change the design and make the amended plan the final plan.

12. First Tennessee to Put $4B In Community Investment -

Memphis-based First Tennessee Bank, along with its newly acquired Capital Bank, are launching a five-year, nearly $4 billion effort to expand the availability of financial resources in low- to moderate-income communities across an eight-state footprint.

13. Green Dot Gets $3M Loan For Bluff City High School -

Green Dot Public Schools is preparing for renovations of its Bluff City High School in Hickory Hill with a $3 million loan from Nonprofit Finance Fund and Boston Community Capital.

The loan is for further renovations, including modular buildings for classrooms and staff offices, at the charter school’s campus in what was Solid Rock Christian Church, 4100 Ross Road.

14. First Horizon Starts Off 2018 With Strong Q1 Results -

The first full quarter with Capital Bank integrated into the operations of Memphis-based First Horizon National Corp. saw a pickup year-over-year in several key areas like loans, deposits and growth in net income.

15. A Memphis Parable -

HOWARD AND BILL. One of my first columns was this very Memphis story. It’s time to tell it again. 

In the ’60s, Howard Robertson was a black postal carrier moonlighting as a waiter at the capital of white money dining in Memphis, Justine’s, housed in an antebellum mansion. Bill Loeb was a successful white businessman, owner of ubiquitous laundry branches about town, and the brother of Henry Loeb, mayor during the 1968 sanitation strike. Loeb lived in a home literally bordering the Memphis Country Club. Robertson lived in the other Memphis those of us who grew up white then never really acknowledged.

16. Green Dot Gets $3M Loan For Bluff City High School -

Green Dot Public Schools is preparing for renovations of its Bluff City High School in Hickory Hill with a $3 million loan from Nonprofit Finance Fund and Boston Community Capital.

The loan is for further renovations, including modular buildings for classrooms and staff offices, at the charter school’s campus in what was Solid Rock Christian Church, 4100 Ross Road.

17. First Tennessee Bank Launching $4 Billion Community Investment Effort -

Memphis-based First Tennessee Bank, along with its newly acquired Capital Bank, are launching a five-year, nearly $4 billion effort to expand the availability of financial resources in low- to moderate-income communities across an 8-state footprint.

18. Poo as Good Business -

Talk about nothing wasted. Behold the founding story, which reads more like a creation myth, of Poo-Pourri.

Suzy Batiz, a 40-year-old woman from Jonesboro, Arkansas, declares her second bankruptcy conventional “rules” of success did not work for her life. To heal, she renounces the world of commerce and takes a two-year spiritual quest, experimenting with alternative healing methods that included the lost art of tapping and shamanic training in Peru.

19. Workers Benefit as US Businesses Struggle to Fill Jobs -

WASHINGTON (AP) – U.S. workers are increasingly benefiting as employers struggle to fill millions of open jobs.

More people who had given up looking for work are renewing their job hunts, more employees are confident enough to quit to look for other jobs and pay is gradually picking up.

20. Airport Overhaul Hits Milestone With B Concourse Closure -

Roughly a year after Memphis International Airport first unveiled its $214 million modernization plan, the project is taking its next significant step.

On Wednesday, April 4, Memphis International officially closed the B Concourse and relocated all airline operations, restaurants and retail businesses to the A and C concourses until the project wraps up in 2021.

21. Tesla Raises Production but Falls Short of Model 3 Goals -

DETROIT (AP) – Electric car maker Tesla Inc. increased production of its Model 3 mass-market car in the first quarter but still fell far short of the numbers it promised last summer.

22. Former FHN Communications Chief Launches New Venture -

Back in the summer, Memphis-based First Tennessee Bank was listed as the fifth most reputable bank in the nation in a report from the industry-focused news publication “American Banker.”

23. Last Word: Holder in Memphis for MLK 50, EDGE Sets a Date and South City Moves -

The week of MLK50 commemorations began Monday with a speech by former U.S. Attorney General Eric Holder and the arrival Monday afternoon of Rev. Bernice King, the youngest child of Dr. Martin Luther King Jr. Meanwhile, Monday's day of free admission to the museum, underwritten by FedEx drew a long line. It also drew some remote trepidation that tends to make the situation seem worse than it is once you actually go there for yourself.

24. Analysis: Blacks Largely Left Out of High-Paying Jobs -

BOSTON (AP) – Jonathan Garland's fascination with architecture started early: He spent much of his childhood designing Lego houses and gazing at Boston buildings on rides with his father away from their largely minority neighborhood.

25. New Apartments Coming to Broad, Clark Tower Inks Another Tenant -

A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.


2542 Broad Ave.
Memphis, TN 38112

26. Community LIFT Looking to Build $5 Million Loan Pool Amid Growth -

An organization that pursues sources of financial, human and intellectual capital to strategically revitalize neighborhoods wants to build a $5 million loan pool for investing in Memphis communities and leaders.

27. McCann Launches Nonprofit Eating Disorders Association -

Teri Hardister McCann, founder and executive director of Fairhaven Treatment Center for Eating Disorders, has launched the Mid-South Eating Disorders Association, a nonprofit organization for treatment providers seeking to build community, access educational opportunities, and build awareness of treatment options for eating disorders. McCann serves as the founding president of MSEDA.

28. Frontier Gun Maker Remington Seeks Bankruptcy Protection -

Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization amid years of slumping sales and legal and financial pressure over the Sandy Hook school massacre.

29. No Death Penalty Option In Lorenzen Wright Murder -

The ex-wife of former University of Memphis standout and NBA player Lorenzen Wright won’t face the death penalty if convicted of killing him more than seven years ago in Tennessee.

Shelby County prosecutor Paul Hagerman said before a hearing Monday, March 19, that Sherra Wright won’t face death if found guilty of first degree murder in her ex-husband’s shooting death. She has pleaded not guilty and is being held without bond.

30. What Do Statewide Candidates Say About Infrastructure Investment? -

Is investment in public infrastructure important? And should Tennessee have more dedicated revenue sources to pay for construction and maintenance of infrastructure across the state, or is the existing tax structure – primarily the state tax on fuel, and wheel taxes – sufficient to pay for what Tennessee needs to sustain and grow its economy?

31. CSE’s Martin Helping Students Find Their Voice -

Katie Martin’s required coursework in her dual degree master’s program at the University of Texas in Austin had the Texas native walking the length of a specific dichotomy every day.

32. Citigroup Puts Restrictions on Gun Sales -

NEW YORK (AP) – Citigroup is putting new restrictions on firearm sales by its business customers, making it the first bank to announce changes to its policies in the wake of the school shooting in Florida.

33. Scandal-Hit Weinstein Co. Files for Bankruptcy Protection -

NEW YORK (AP) – The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual misconduct scandal that brought down co-founder Harvey Weinstein, shook Hollywood and triggered a movement that spread out to convulse other industries.

34. Lorenzen Wright’s Ex-Wife Won't Face Death If Convicted -

MEMPHIS, Tenn. (AP) – The ex-wife of former NBA player Lorenzen Wright won't face the death penalty if convicted of killing him more than seven years ago in Tennessee, a prosecutor said Monday.

35. NFIB: Optimism Soaring Among Small Businesses -

Small-business owners are showing unprecedented confidence in the economy as the optimism index continues at record high numbers, rising to 107.6 in February, according to the NFIB Small Business Economic Trends Survey released Tuesday, March 13.

36. Capital Financial Group Completes Move to Tower -

Capital Financial Group has moved into the 23rd floor at Clark Tower, where it is now operating from its Memphis headquarters in 14,486 square feet.

Jerry Corless, president of Capital Financial Group, said recent improvements to the high-rise were critical factors in making the move, first reported by The Daily News last year.

37. Without Toys R Us, 30,000 Jobs, A Black Hole for Toy Makers -

NEW YORK (AP) – The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords.

The 70-year-old retailer is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.

38. Capital Financial Group Completes Move to Tower -

Capital Financial Group has moved into the 23rd floor at Clark Tower, where it is now operating from its Memphis headquarters in 14,486 square feet.

Jerry Corless, president of Capital Financial Group, said recent improvements to the high-rise were critical factors in making the move, first reported by The Daily News last year.

39. NFIB: Optimism Soaring Among Small Businesses -

Small-business owners are showing unprecedented confidence in the economy as the optimism index continues at record high numbers, rising to 107.6 in February, according to the NFIB Small Business Economic Trends Survey released Tuesday, March 13.

40. Sewer Problems, Policies Test City’s ‘Brilliant at the Basics’ Resolve -

When Jim Strickland ran for Memphis mayor in 2015 on a campaign that would be “brilliant at the basics,” he probably didn’t have in mind the recent attention that sewers – the most basic of city services – have gotten in recent months.

41. Triumph Adds Bankers, Expands Into Nashville -

As its annual meeting approaches, Triumph Bank finds itself in a protracted growth spurt, with activity encompassing everything from a pickup in mortgage activity to the addition of new bankers and an expansion into Nashville.

42. Novel Approach -

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

43. City Now Considering New Sewer Connections on Case-by-Case Basis -

It’s the kind of wording about a basic local government service that gets that attention of those who make sure the water runs when taxpayers turn on the faucet and the toilet flushes when taxpayers want it to.

44. AgLaunch Finds Traction In Intersection of Startups, Investors and Farmers -

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

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

45. Fed Numbers Show Local Lending Increase -

Robert Shaw is among the Memphis banking executives looking forward to what the rest of 2018 will bring. He is CEO of Memphis-based Paragon Bank, which at the end of February announced record-breaking revenue and pre-tax income for the fourth quarter of 2017. The numbers were driven by solid loan growth, a healthy net interest margin and continued attention to controlling expenses.

46. Jernigan Capital CEO Çalls 2017 ‘Outstanding Year’ -

Memphis-based Jernigan Capital Inc., a capital partner for self-storage entrepreneurs, has closed the books on what chairman and CEO Dean Jernigan described as “an outstanding year for the company.”

47. Jernigan Capital CEO Çalls 2017 ‘Outstanding Year’ -

Memphis-based Jernigan Capital Inc., a capital partner for self-storage entrepreneurs, has closed the books on what chairman and CEO Dean Jernigan described as “an outstanding year for the company.”

48. New Construction North Of State Line Highlights Busy Q4 -

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

49. Year of Milestones, Major News for First Horizon -

Ahead of its annual meeting of shareholders next month, First Tennessee Bank announced this week customers had given it top grades in the Phoenix-Hecht 2018 Quality Index for Middle Market Banking, an index that includes businesses with revenue between $20 million and $500 million.

50. First Horizon Announces Employee Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

51. CRE Owners Look To Reap Rewards Of New Tax Cuts -

The start of the year enjoyed a flurry of commercial real estate sales and building permits, on the heels of federal tax cuts passed late last year that are expected to benefit CRE owners and possibly impact the number of new projects and sales announced this year.

52. Not Your Father’s Office Building -

2017 was a big year for Clark Tower, with more than $9 million in physical improvements. But perhaps one of the biggest changes to the 34-story East Memphis office tower, located at 5100 Poplar Ave., is a change in perception.

53. Sweet Spot -

They nearly gave up, almost put away their pastry bags, their icing pens, their cake molds and shut down operations at home. Short of funds, the family’s prospects looked grim. “It started out really slow,” said Bill Kloos, who was a chef at the time, helping his parents rustle up clients. “There was no capital. No money. They came close to giving up a lot of times.”

54. Sen. Lamar Alexander Talks Tax Reform, Trump, Guns -

The day before the U.S. Senate voted in December to pass a massive federal tax overhaul, FedEx founder, chairman and CEO Fred Smith called up U.S. Sen. Lamar Alexander and urged him to “pass that bill.”

55. Sen. Alexander Talks Tax Reform, Trump, Gun Control in Memphis -

The day before the U.S. Senate voted in December to pass a massive federal tax overhaul, FedEx founder, chairman and CEO Fred Smith called up U.S. Sen. Lamar Alexander, R-Tenn., and urged him to “pass that bill.”

56. First Horizon National Corp. Announces Employee Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

57. First Horizon National Corp. Announces Employee Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

58. After Company-Wide Bonuses, First Tennessee Parent Co. Announces Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

Memphis-based First Horizon National Corp. is bumping up the minimum pay level of employees to $15 an hour, part of the company’s continued re-investment of savings stemming from the recent federal tax legislation.

59. Beleaguered Gun Maker Remington Points to Bankruptcy Court -

MADISON, N.C. (AP) – Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection.

60. The Week Ahead: Feb. 12-18, 2018 -

Good morning, Memphis! The 50th anniversary of the historic sanitation workers’ strike is remembered this week, a Pulitzer Prize winning author visits to speak about innovation and we get to hear the first declaration of “Play Ball” this year by an umpire at FedExPark. Oh, and don’t forget the waffles.

61. Hotel Indigo, Trader Joe’s Move Ahead -

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

62. Tennessee Officials Announce $400K in Agriculture Grants -

NASHVILLE, Tenn. (AP) – Tennessee officials have announced more than $400,000 in grants to help new and expanding agriculture and food businesses, particularly in rural counties.

Tennessee Agriculture Commissioner Jai Templeton and Economic and Community Development Commissioner Bob Rolfe released award information Monday for the first round of grants through the $1 million Agriculture Enterprise Fund.

63. Trader Joe’s Seeking First Official Approval from Germantown -

The saga of Trader Joe’s in Germantown has had more than its fair share of ups and downs over the last several years, but those all appear to be in the rear view mirror, as the first tangible plans listing the highly sought-after grocer have surfaced.

64. Trader Joe’s Seeking First Official Approval from Germantown -

The saga of Trader Joe’s in Germantown has had more than its fair share of ups and downs over the last several years, but those all appear to be in the rear view mirror, as the first tangible plans listing the highly-sought after grocer have surfaced.

65. Ford Outlines Budget Process As Memphis’ New CFO -

Shirley Ford has been named chief financial officer for the city of Memphis. Ford, who was selected to be CFO by Memphis Mayor Jim Strickland and confirmed by the City Council, has served as the city’s comptroller since 2014. She has more than 30 years of financial, accounting and managerial experience. In addition, she is a certified public accountant and a certified municipal finance officer as designated by the state comptroller.

66. Two-Step Authentication Adds Layer Of Security -

Cloud-based email and collaboration systems are gaining popularity because they offer so many benefits to businesses of any size, but they also can present new challenges.

One of the challenges is that shared cloud environments are targets for hackers. Thankfully there is an easy way you can protect your shared space login with a method known as two-factor authentication, also known as two-step authentication.

67. FHN Raises Dividend, Approves Purchase Program -

First Tennessee Bank’s parent company is getting the new year started in part by increasing its common stock dividend by 33 percent.

68. Trader Joe’s, H&M, Mempops Announce New Locations -

2130 Exeter Road, Germantown, TN 38138: It looks like the Memphis area is finally getting a Trader Joe's. A $750,000 building permit application that lists Trader Joe’s as a tenant has been filed with the Office of Construction Code Enforcement.

69. FedEx to Invest $3.2B in Wages, Pension Fund, Hub Investments -

FedEx Corp. has announced it will invest $3.2 billion to enact three new programs in the wake of the U.S. Tax Cuts and Jobs Act, the first being to increase employee compensation by more than $200 million, about two-thirds of which will go to hourly employees.

70. FHN Raises Dividend 33 Pct., Approves Purchase Program -

First Tennessee Bank’s parent company is getting the new year started in part by increasing its common stock dividend by 33 percent.

71. First Tennessee Parent Company Raises Dividend 33 Percent -

First Tennessee Bank’s parent company is getting the new year started in part by increasing its common stock dividend by 33 percent.

72. Council Reopens MLGW Rate Hike Consideration, Approves Term Limit Referendum -

Memphis City Council members decided Tuesday, Jan. 23, to take a second look at the gas and electric rate hike proposals they rejected two weeks ago. But they put off any new votes on the matter until the first council meeting in February after what is expected to be a lengthy discussion in committee earlier that same day at City Hall.

73. Council Talks With Head of TVA, Votes on Two More Ballot Questions -

Memphis City Council members talk with Tennessee Valley Authority president Bill Johnson Tuesday, Jan. 23, meet Mayor Jim Strickland’s nominee to replace retiring Memphis Light, Gas and Water Division president Jerry Collins and may renew discussions of electric and gas rate hikes proposed by MLGW that it voted down two weeks ago.

74. First Tennessee Parent Company Caps Busy Fourth Quarter and 2017 -

Investors and analysts who cover the Memphis-based publicly traded parent company of First Tennessee Bank had a lot of news to digest during the bank’s fourth quarter.

75. Midlife Look at Insurance Needs -

Ray’s Take: Life insurance is an important part of most overall financial plans. Replacing the capital value of the significant providers is critical should they not be able to provide. Owning the right insurance for the right price at the right time in your life is a crucial element to your financial well-being.

76. New Small Cars Unveiled at Auto Show, But Will Anyone Buy? -

DETROIT (AP) – Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte.

But cars – particularly small ones – are having a tough time getting buyers to look their way as SUVs grow in popularity.

77. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week -

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

78. Priam Purchases Primacy Parkway Property for $14M -

Nashville-based- Priam Capital has secured another East Memphis office property in a multimillion dollar deal.

In the deal, Priam Capital, doing business as Primacy III LLC bought the 130,000 square foot office building from Lone Star Funds doing business as LSREF2 Newtown for $14.1 million, according to a Jan. 9 warranty deed filed with the Shelby County Register.

79. City Council Rejects MLGW Gas, Electric Rate Hikes -

Memphis City Council members voted down proposed electric and gas rate hikes Tuesday, Jan. 9, but left the door open to reconsider that.

Approval of Memphis Light, Gas and Water Division’s annual budget, which is based in part on such rate revenue, was delayed for two weeks.

80. The Lane Ahead -

His first vision, Trey Moore says, was to become a “film and video type guy.” He had graduated Southaven High School, earned a communications degree at Memphis State, but didn’t have designs on going all-Hollywood.

81. Council Rejects MLGW Gas, Electric Rate Hikes, Dumps Frayser Landfill -

Memphis City Council members voted down proposed electric and gas rate hikes Tuesday, Jan. 9. But they left the door open to either reconsidering that or some shorter term rate hikes by delaying for two weeks approval of Memphis Light Gas and Water Division’s annual budget.

82. Companies Boost Wages and More Post-Tax Reform -

Dozens of companies, many with ties to Memphis, have pledged a series of actions that include one-time employee bonuses, charitable spending and 401(k) contribution increases, among other steps, in response to savings they expect to see from recently enacted Republican tax cuts.

83. Memphis Experts See Economic Growth Building Off 2017 Into 2018 -

With resolutions made and the new year now, another annual exercise rises to the forefront – predictions on what Memphis and its economy can expect in 2018.

If 2017 taught us anything, it’s that there’s so much we won’t be able to even remotely see coming, from Memphis bidding to become the potential home for Amazon’s second headquarters to action finally being taken on the Confederate monuments in city parks and so much more.

84. Gibson Guitar Factory Property Fetches $14.4M, New Midtown Tiki Bar Opening Soon -

145 Lt. George W Lee Ave.

Memphis, TN 38103

Sale Amount: $14.4 million

Sale Date: Dec. 27, 2017

Buyer: Somera Road Inc., Tricera Capital

85. Citing US Tax Reform Bill, First Horizon Pays Bonuses -

First Tennessee Bank’s parent company has joined other major U.S. employers like AT&T and Comcast in pledging bonuses for employees in the wake of the recent tax reform legislation passed by Congress.

86. Gibson Guitar Factory Sold for $14.1 Million -

A warranty deed filed Dec. 27 with the Shelby County Register of Deeds shows that buyers paid $14.4 million for the Gibson Guitar Factory property in Downtown Memphis.

The Daily News first reported that investment firms Somera Road Inc. of New York and Tricera Capital of Miami, Florida, bought the property on Dec. 5.

87. Gibson Guitar Factory Sold for $14.1 Million -

A warranty deed filed Dec. 27 with the Shelby County Register of Deeds shows that buyers paid $14.1 million for the Gibson Guitar Factory property in Downtown Memphis.

The Daily News first reported that investment firms Somera Road Inc. of New York and Tricera Capital of Miami, Florida, bought the property on Dec. 5.

88. Citing US Tax Reform Bill, First Horizon Pledges Bonuses -

First Tennessee Bank’s parent company has joined other major U.S. employers like AT&T and Comcast in pledging bonuses for employees in the wake of the recent tax reform legislation passed by Congress.

89. Citing Tax Reform Bill, First Tennessee Parent Co. Announces $1,000 Bonuses -

First Tennessee Bank’s parent company has joined other major U.S. employers like AT&T and Comcast in pledging bonuses for employees in the wake of the recent tax reform legislation passed by Congress.

90. Tenn. Unemployment Rate Below National Average -

The unemployment rate in the state of Tennessee was “significantly” lower throughout the month of November, according to the latest data released by the U.S. Department of Labor and Workforce Development.

91. Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis -

5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

92. Technicolor, Agilent Approved for Tax Incentives -

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.

93. 2017 a Year of Expansion for Memphis Banks -

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

94. To Be or Not to Be: Tennessee Shakespeare Company Expanding With New Facility -

Dan McCleary is the founder of the Tennessee Shakespeare Company. But that hasn’t obscured his view of reality, of the fact that many people were first introduced to Shakespeare in a high school classroom in a less than engaging way.

95. City Council May Vote To Phase In MLGW Rate Hikes -

Memphis City Council members vote Tuesday, Dec. 19, on a set of water, gas and electric rate hikes recommended by Memphis Light, Gas and Water Division to take effect next month.

A council committee is recommending the electric and gas-rate increases be phased in over several years.

96. Possible Trader Joe’s Update, New $35M Airport Facility -

In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...

97. Cooper-Young Historic District, Shelby Farms Mixed-Use Project Approved by LUCB -

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

98. Robertson Reignites United Way’s Iconic Brand -

“All the women in my family are natural-born leaders,” Lori Spicer Robertson says as she leans forward in her desk chair. “To me, that was the norm – just what you did.”

99. Last Word: Grizz Speculation, SCS Grade Floors and Cedar Heights -

Grizz lose to the Wizards 93-87 in Washington. And ESPN columnist Zach Lowe says the team has lost its identity as well as a lot of games. CBSSports reports Marc Gasol is open to a trade but will not request one. And if you are looking to go far afield with the theories, here’s one from a Dallas Mavericks fansight, mavsmoneyball, that includes a really good graphic on the salaries of Grizz players.

100. First Horizon Foresees Bigger Savings from Capital Bank Deal -

The parent company of First Tennessee Bank thinks it will save even more money than originally thought after its acquisition of North Carolina-based Capital Bank Financial Corp.