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Editorial Results (free)

1. More Americans are Expected to Remodel Their Homes This Year -

WASHINGTON (AP) – A rising number of Americans are preparing to renovate their homes this year, a potential boost for the economy, according to projections released Thursday by Harvard University's Joint Center for Housing Studies.

2. $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.

3. Lot Availability, Prices Putting Home Construction Behind Demand -

The recent uptick in the residential real estate market is devouring what’s left of lot development that lagged during the recession, and tight supply is raising home prices in the Memphis area.

4. Over $20M in Construction Headed to Brewery District -

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

5. Ikea Design Tells Unique Sales Story -

When Ikea opens its 271,000-square-foot store in Memphis later this year, it will bring a retail experience unlike any ever seen in the region.

The typical American retail setup is a big-box outlet with aisle after aisle of organized items displayed on neat shelves, usually with a row of check-out counters near the front.

6. Shelby County Mortgage Activity Solid in 2015 -

The Shelby County mortgage market had a strong 2015, and lenders expect the momentum to continue for the foreseeable future.

Among loans made at the time of purchase, banks and mortgage lenders made 9,368 mortgages in Shelby County during 2015, up 11 percent from the 8,470 mortgages during 2014, according to the latest data from real estate information company Chandler Reports, chandlerreports.com.

7. County Commission Approves Hacks Cross Contract, New Health Director -

Shelby County Commissioners approved Monday, Jan. 11, a $223,600 contract for engineering and environmental work on the Hacks Cross Road widening.

The contract with Powers Hill Design LLC is to make Hacks Cross a seven-lane road from Shelby Drive south to Stateline Road, a span of 1.8 miles.

8. Refugees, Regents, Privatization On Tap for New Session -

State Sen. Ken Yager isn’t quite ready for the state of Tennessee to reclaim the Refugee Resettlement Program from Catholic Charities.

9. Hedge Fund Manager Commits $20M to St. Jude -

The philanthropic foundation of hedge fund manager Steven Cohen and his wife Alexandra is committing $20 million to St. Jude Children’s Research Hospital.

10. Plans Forming for Memphis’ First Food Hall -

A norm on the East and West coasts – and an even older tradition in Europe and other international cities – indoor food markets are making their way to the Southeast in cities like Nashville, Atlanta, Little Rock and St. Louis.

11. US Home Values and Rents Defying Global Slowdown -

WASHINGTON (AP) — U.S. housing appears to be insulated so far from the cooling global economy.

Home values and rental prices are steadily rising, fueled by strong demand and a tight supply of available properties, a pair of reports Tuesday showed. The solid demand drove sales growth early this year and spurred additional construction.

12. Metro Nashville’s Local-Hire Rule Gets Battered On Many Fronts -

The ink wasn’t dry on standards for Metro Nashville’s local-hire charter amendment when new Mayor Megan Barry put the measure on hold – despite sizable support in the August election.

13. Memphis College Prep Renovating Former Dunn Avenue Elementary -

1500 Dunn Ave.
Memphis, TN 38106

Permit Amount: $1.4 million

Application Date: Sept. 30

14. Memphis College Prep Pulls $1.4M Permit for New School -

The building previously known as Dunn Avenue Elementary is getting ready for its first group of students since 2013, according to several permits and deeds recently filed by Memphis College Preparatory School Inc.

15. Memphis College Prep Pulls $1.4M Permit for New School -

The building previously known as Dunn Avenue Elementary is getting ready for its first group of students since 2013, according to several permits and deeds recently filed by Memphis College Preparatory School Inc.

16. Memphis Multifamily Action Gets Second-Quarter Boost -

Multifamily fundamentals were strong for the second quarter of 2015 as Downtown and Collierville continued to perform well in their new-construction booms.

New construction is ahead compared to second quarter 2014, with 567 units coming online in the Memphis metro area compared to 466 units last year, according to CBRE Memphis’ Multifamily MarketView. By year-end, construction will total 1,280 units.

17. CBRE Opening Appraisal Office in Memphis -

Commercial real estate services and investment firm CBRE Group Inc. is opening valuation and advisory services divisions in Memphis and Louisville, Ky.

18. Tenn. GOP Senator Looks To Block Nashville's Local Hire Rule -

NASHVILLE, Tenn. (AP) — A Williamson County senator who endorsed the losing candidate in the Nashville mayor's race last week has filed a bill seeking to nullify a local hiring requirement approved by the city's voters.

19. CBRE Opening Appraisal Office in Memphis -

Commercial real estate services and investment firm CBRE Group Inc. is opening valuation and advisory services divisions in Memphis and Louisville, Ky.

20. Relax – Gould's is Opening New Downtown Spa, Salon -

Less than a month after vacating its long-held presence at The Peabody, Gould’s Salons and Spas announced plans to open a new Downtown store in a high-profile location.

The Memphis-based chain of salons and spas will open a 5,000-square-foot, two-story location at 77 S. Main St., at the southwest corner of Union Avenue and Main in the former Smooth Moves space.

21. Relax – Gould's is Opening New Downtown Spa, Salon -

Less than a month after vacating its long-held presence at The Peabody, Gould’s Salons and Spas announced plans to open a new Downtown store in a high-profile location.

The Memphis-based chain of salons and spas will open a 5,000-square-foot, two-story location at 77 S. Main St., at the southwest corner of Union Avenue and Main in the former Smooth Moves space.

22. Gould's to Open New Downtown Spa, Salon -

Less than a month after vacating its long-held presence at The Peabody, Gould’s Salons and Spas announced plans to open a new Downtown store in a high-profile location.

The Memphis-based chain of salons and spas will open a 5,000-square-foot, two-story location at 77 S. Main St., at the southwest corner of Union Avenue and Main in the former Smooth Moves space.

23. Affordable Homes in an Unaffordable Market -

The gold rush of residential development throughout Middle Tennessee conceals what some in the region say is a growing crisis in affordable housing.

New homes and condos come on to the market every day, and even more are under construction or still in the planning stage, but those homes are often on the higher end of the price scale.

24. Building Boom Strains Labor Pool, Supply Chain -

Middle Tennessee’s red-hot construction boom is becoming a victim of its own success. Architects, contractors and everyone in between, including Metro Codes, are up to their necks in work.

It’s a happy time of an industry that also can see long, slow periods of stagnation.

25. Simmons Joins Cushman & Wakefield/Commercial Advisors -

Mary Leesa Simmons has joined Cushman & Wakefield/Commercial Advisors as vice president – senior asset manager. In her new role, Simmons provides all aspects of property management duties for the firm’s clients.
This includes financial administration, budgeting, reporting, lease administration, contract administration, tenant, client and vendor administration, capital improvements and property inspections.

26. MDH Buys Belz’s Memphis Industrial Portfolio -

An Atlanta-based firm has acquired a large industrial portfolio from Belz Enterprises.

Atlanta-based MDH Partners LLC bought 22 industrial buildings in the Memphis area totaling more than 3.1 million square feet.

27. Building Green in a Red-Hot Market -

Counting cranes has become a Nashville pastime, and the perks of all that development are clear – a robust economy, vibrant real estate market and more jobs.

Naturally, there is concern among some residents that all of the construction and increased population could harm the area’s environment, water and air quality and green space.

28. MDH Partners Buys Belz's Memphis Industrial Portfolio -

An Atlanta-based firm has acquired a large industrial portfolio from Belz Enterprises.

Atlanta-based MDH Partners LLC bought 22 industrial buildings in the Memphis area totaling more than 3.1 million square feet.

29. Music Festival Security Details -

Metro Police, the Tennessee Highway Patrol and the Coffee County Sheriff’s Office will be plenty busy during the time of the dueling festivals.

The Nashville police’s Special Events Division will provide 920 officers working in an overtime capacity, according to the Metro Police media relations office.

30. Comcast Announces Super-Fast Internet in Nashville, Mum on Cost -

NASHVILLE, Tenn. (AP) – Comcast says it is bringing its super-fast Internet service to Nashville, but won't say how much it will cost to install or subscribe.

The company announced Wednesday it will offer residential customers fiber optic service of two gigabits per second – or twice the speed of what is currently offered by some municipal electric providers and by Google. The tech giant's high-speed Internet service, Google Fiber, earlier this year announced it will expand to four metro areas in the southeastern U.S., including Nashville.

31. Nashville Zoning Issue a Big Threat to Tiny Houses -

As the price per square foot for Nashville properties continues its climb, buyers are paying more for less.

Some find the price points for the small condominiums to be outrageous, yet many, especially millennials, are flocking to the spaces, and developers are making it easier for them to customize in ways that complement their lifestyles.

32. Sounds Like a Hit for Neighbors -

For months, sounds of construction surrounded the Nashville Sounds’ sparkling new First Tennessee Park in Germantown.

The constant thump-thump-thump of pounding jackhammers competed with the irritating, high-pitched beeps of vehicles backing up. Ka-ching! Cranes lifted steel beams into place, keeping time with a syncopated thrumming of never-ending drilling. Ka-ching!

33. 1 Million New Residents: Where Will They Live? -

At least 1 million people are expected to move to the Nashville region over the next 20 years. Already, the early arrivals have begun to dramatically change the landscape of the suburban counties surrounding the city.

34. Commercial Real Estate Bounces Back -

After slowing to a crawl in the years following the Great Recession, commercial real estate activity in Metropolitan Knoxville is showing signs of sustained growth.

Last year marked a solid increase in sales and leasing in the Knoxville region, and 2015 is off to a good start, according to several area real estate executives.

35. US Home Sales Rebound Slightly in February -

WASHINGTON (AP) – Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months.

36. Orgel Traces Path to School Board -

The first chairman of the consolidated Shelby County Schools board judges how well the school board is performing its duties by how mundane its monthly voting meeting is.

“It’s almost boring to come to a school board meeting,” said Billy Orgel, who was appointed to the 23-member board in 2011 and has been re-elected twice. “There’s not theatrics by anybody and we genuinely all like each other. There’s not a backstory. And there are not factions. I think it’s a good model for other bodies.”

37. Shular, Orgel to Receive Dunavant Awards -

The public affairs officer for Shelby County government with a reach beyond the media and a Shelby County Schools board member whose elected service began at a time of historic change in local public education are the recipients of the 2015 Bobby Dunavant Public Servant Awards.

38. Ryan: Be Flexible On Location For More Office Space Options -

After 22 years heading up the Metro Housing and Development Authority for Nashville, Phil Ryan certainly knows the Middle Tennessee housing market.

He left MDHA in 2013, and in his current role as an affiliate broker with Cherry & Associates, he’s taking a look at the local real-estate mix from the corporate side.

39. Space Race -

Businesses looking for office space in Nashville are learning a painful lesson that homebuyers already know – prices are high, and if you take time to shop around for a better deal, someone else is likely to snap up the property, leaving you out in the cold.

40. FedEx Supply Chain Seeks $5.2M Permit -

FedEx Supply Chain Services is preparing to make improvements to a large southeast Memphis warehouse.

FedEx Supply Chain Services has applied for a $5.2 million building permit through the city-county Office of Construction Code Enforcement to make improvements to an employee entrance at 6005 Freeport Road, a 547,216-square-foot industrial building. Metro Construction LLC is listed as the contractor on the application.

41. Real Estate Pros Upbeat -

After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.

42. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

43. Kuehne & Nagel Seeks $5.2 Million Permit -

Kuehne & Nagel is preparing to make improvements to its southeast Memphis warehouse.

Kuehne & Nagel has applied for a $5.2 million building permit through the city-county Office of Construction Code Enforcement to make improvements to an employee entrance at 6005 Freeport Road, a 547,216-square-foot industrial building built in 2000. Metro Construction LLC is listed as the contractor on the application.

44. Lasting Legacies -

A FedEx commercial that never made it past the storyboard stage portrayed company founder, chairman and CEO Fred Smith as a child filling out an order form in the back of a comic book for a batch of Sea-Monkeys, sending it off and waiting for the delivery.

45. Edison Park Finds Ally in Habitat for Humanity -

This Thanksgiving marks two years that Aisha Lbhalla, her husband and their two young sons have lived in Edison Park.

They have a single-family home that backs up to her older son’s school, Thomas A. Edison Elementary. The house has four bedrooms, brick facing, a garage and nearly 1,500 square feet, Lbhalla says.

46. Blight of the Living Dead -

When the Smiths moved into a brand new home right before Christmas 2007, they had no idea that construction in their Antioch area subdivision would soon stop cold – and stay stopped for four years.

47. Green Hills in Full Boom Despite Traffic Woes -

Stephen Graw first moved to Green Hills in 2004 right after college, renting a house with a bunch of buddies from school. Like his neighborhood, he’s done a lot of growing in the last decade and is now a senior advisor at Sperry Van Ness Nashville and on the Chamber West Leadership Council.

48. Hillsboro High Land Sale: New School, Big Profit -

Merritt Rowe knows her children will never personally benefit from any changes to Hillsboro High School in Green Hills, but as the parent of two current students and another starting next year, it is something she is willing to fight for and encourages other parents – especially those of future students – to do the same.

49. VESTA Home Show Kicks Off Oct. 4 -

The 2014 VESTA Home Show, presented by West Tennessee Home Builders Association, will be held at Shaw’s Creek Reserve in Piperton and will run from Saturday, Oct. 4, through Oct. 26.

Five local home builders – Kevin Yoon Construction, Taylor Brothers Construction, John Duke, Bryce Homes and Price Hays Construction – have spent the past seven months building houses in the subdivision near Tenn. 196 and Raleigh LaGrange Road.

50. VESTA Home Show Kicks Off Oct. 4 -

The 2014 VESTA Home Show, presented by West Tennessee Home Builders Association, will be held at Shaw’s Creek Reserve in Piperton and will run from Saturday, Oct. 4, through Oct. 26.

Five local home builders – Kevin Yoon Construction, Taylor Brothers Construction, John Duke, Bryce Homes and Price Hays Construction – have spent the past seven months building houses in the subdivision near Tenn. 196 and Raleigh LaGrange Road.

51. Williams-Sonoma Growth Highlights DeSoto Push -

In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.

52. HipD: Donelson Finds Its Cool Side -

The tag “Hip Donelson” evoked plenty of snickers, eye rolls and snarky comments when it first appeared. After all, the local joke goes, Donelson’s known for hip replacements – not hipsters.

53. Road to Better Mass Transit -

Picking a new transit chief is critical for a city in transition.

Next year, Nashville residents will elect a new mayor and turn over its large Metro Council.

Davidson County also expects some 200,000 new residents over the next 20 years, and much of the success of future development will depend on the ease of navigating around Nashville – already the nation’s second-worst area for sprawl, according to Smart Growth America.

54. Harold Ford Funeral Home Files Construction Loan -

1670 Sycamore View Road
Memphis, TN 38134
Loan Amount: $2.6 million

Loan Date: Sept. 4, 2014
Maturity Date: N/A
Borrower: Harold Ford Sycamore View LLC and Serenity Columbarium and Memorial Gardens LLC
Lender: Regions Bank
Details: The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

55. Belmont Welcomes Largest-Ever Freshman Class -

If you graduated from Belmont 20 years ago, you might not recognize the campus today.

Near ceaseless on-campus construction and a huge spike in enrollment has changed the once-sleepy little school into a major player in Nashville and in national collegiate circles.

56. Reshaping a City, One Lot at a Time -

John G. Brittle Jr. doesn’t have an office. He has a war room. The space, crowded with maps, charts, books, piles of paper and marked-up spreadsheets, is ground zero for InfillNashville, the 10-person team of site selection specialists that Brittle leads at Village Real Estate Services.

57. Many Seek New Homes Near Cities But are Priced Out -

WASHINGTON (AP) – City living has been a blessing for Tim Nelson.

The Phoenix lawyer moved downtown a few months ago into a new $389,000 home with a warehouse-style floor plan, a Jacuzzi tub and kitchen counters made of Caesarstone quartz. His favorite coffee spot is three blocks away. When the Arizona Diamondbacks play on Friday nights, he can watch postgame fireworks from his deck.

58. Why Retailers Need Tenant Representatives -

National and regional retailers have embraced tenant representation for many years as a way to bring local market knowledge to their real estate site selection equation. The local retailer is apt to say, “I know my market well and what locations will work for me, so why do I need a tenant representative to increase my cost?”

59. House GOP Unveils Bill Slashing Highway Grants -

WASHINGTON (AP) – Republicans controlling the House unveiled legislation on Tuesday that proposes a huge cut to a transportation grant program championed by President Barack Obama that funds road and bridge projects, light rail networks, port construction and bike paths.

60. US Home Market: Few Buyers and Not Enough Sellers -

WASHINGTON (AP) – Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.

61. Central Animal Hospital Hosting Open House -

Central Animal Hospital is inviting the public to tour its new and improved facility.

Central Animal Hospital is hosting its first annual community open house Sunday, March 23, from 2 p.m. to 4 p.m.

62. Central Animal Hospital Hosting Open House -

Central Animal Hospital is inviting the public to tour its new and improved facility.

Central Animal Hospital is hosting its first annual community open house Sunday, March 23, from 2 p.m. to 4 p.m.

63. MalmoMemphis Completes Three Law Firm Leases -

Three Memphis law firms represented by MalmoMemphis Real Estate Inc. have renewed their office leases or leased new spaces.

64. Memphis Area Loses Construction Jobs in Dec. -

The Memphis area lost construction jobs in December, according to the Associated General Contractors of America.

Local construction jobs dropped by 1,200 to 20,100 for the month, a 6 percent decline from the 21,300 jobs during the same month a year ago.

65. Memphis Area Loses Construction Jobs in Dec. -

The Memphis area lost construction jobs in December, according to the Associated General Contractors of America.

Local construction jobs dropped by 1,200 to 20,100 for the month, a 6 percent decline from the 21,300 jobs during the same month a year ago.

66. Building Capacities -

Major road and highway projects like the Interstate 269 loop, I-40/240 and the Mallory Road interchange near Frank Pigeon Industrial Park made substantial progress during 2013, with several phases of important transportation corridors wrapping up and new projects planned for 2014 and beyond.

67. Baptist Begins Work on Germantown Rehabilitation Facility -

Baptist Memorial Health Care Corp. is moving ahead with a new rehabilitation facility on South Germantown Road, aimed at helping meet increased demand from an aging population seeking to continue their independence after a devastating injury or illness.

68. 100 Candles -

An appreciation of the past is practically a requirement for visitors of the Majestic Grille, 145 S. Main St., a storied Downtown eatery housed in a space with a terra cotta facade, beaux arts decor and even an old movie screen inside.

69. Coffee, Beer Bar Coming Downtown -

Downtown residents and visitors will soon be able to grab a cup of joe, locally brewed beer and a fresh sandwich or salad in one convenient spot.

Taylor Berger, partner in YoLo Frozen Yogurt & Gelato, and partners Mitch Buckner (of Bella Café in Pink Palace) and Daniel Flanagan (of Chiwawa, the newly opened Southern-inspired eatery near Overton Square) have signed a lease for 2,755 square feet of retail space in the ground floor of Van Vleet Flats, 122 Gayoso Ave.

70. Koury’s Success Defined by Partnerships, Programming -

Heather Baugus Koury has been executive director of the American Institute of Architects Memphis chapter for more than a decade, and although she was just named to the distinguished status of Honorary AIA, she’s never considered becoming a practitioner.

71. Mortgages Jump 38 Percent in January -

Mortgage banking isn’t looking as dreary right now as it has in recent years. In Shelby County, mortgage activity began the year bouncing strongly off totals from the first month of 2012.

72. Madewell Coming to Saddle Creek -

The Shops of Saddle Creek in Germantown will soon gain another national retailer with no other presence in Tennessee.

Madewell, a subsidiary of J. Crew Group Inc., has signed a 3,061-square-foot lease in The Shops of Saddle Creek North, 7509 Poplar Ave., in part of the space that was previously The Gap in between James Avery Jewelry and Brighton Collectables.

73. Atlantic Track Grows Local Operations -

Bloomfield, N.J.-based Atlantic Track & Turnout Co. is expanding its Memphis operations with a 12,900-square-foot pre-engineered metal building addition with a bridge crane at 363 E. Bodley Ave.

74. ‘Banner Year’ for Logistics Industry -

Positive momentum far outweighed the negative in the local logistics and distribution industry during 2012, as city officials and business leaders continued elevating Memphis’s status as world logistics hub.

75. Metro Connection -

The Interstate 269 bypass loop is moving closer to completion as work continues on sections running through Collierville, Fayette County and into Mississippi.

Preliminary dirt work is under way to connect Tenn. 385 near the Collierville/Fayette County border to the Mississippi state line, and an eight-mile portion spanning from Poplar Avenue north to Macon Road will be complete by the end of next year.

76. Measure of US Home Prices Rises Most in 6 Years -

WASHINGTON (AP) – A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery.

77. Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow -

WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

78. Vintage Homes Wins Bronze in National Housing Awards -

Vintage Homes has received a Bronze in the 2013 National Housing Quality Awards.

The 33-year-old homebuilder was recognized for facing challenges to its business model and revamping itself successfully. Vintage Homes also received credit for its marketing strategy, Opportunity for Improvement program and implementation of business technology tools.

79. Improved Flight Path -

Air medical transport service Hospital Wing has consolidated its operations under one roof with a $1.2 million renovation and expansion of its headquarters near Downtown Memphis.

“The Wing” – as the company is usually called – celebrated the completion of renovations at its Memphis base with an open house event, Tuesday, Oct. 2.

80. Red Deluxe Subleases Sullivan Space -

Two well-known Memphis advertising agencies have inked a unique Downtown office deal.

Red Deluxe Brand Development has subleased 10,400 square feet of office space from Sullivan Branding in the old Smooth Moves building at 85 Union Ave.

81. Red Deluxe Subleases Sullivan Space -

Two well-known Memphis advertising agencies have inked a unique Downtown office deal.

Red Deluxe Brand Development has subleased 10,400 square feet of office space from Sullivan Branding in the old Smooth Moves building at 85 Union Ave.

82. Construction Honors Industry’s Best -

Among the holding pattern of construction nationwide, local contractors appear to be holding their own.

The West Tennessee Chapter of Associated Builders & Contractors Inc. held its 24th annual Excellence in Construction Awards Thursday, Sept. 20, at the Pink Palace Museum, 3050 Central Ave., recognizing the top merit shop construction projects by local ABC members. The awards honored all members of the team responsible for the projects, from contractors to subcontractors, suppliers to owners, and engineers to architects.

83. Census Data Another Sign Economy has Bottomed Out -

WASHINGTON (AP) – Five years after the housing bust, the U.S. economy is showing signs of finally bottoming out.

Americans are on the move again after putting their lives on hold and staying put. More young adults are leaving their parents' homes to take a chance with college or the job market, while once-sharp declines in births are leveling off and poverty is slowing.

84. Retail Transformation -

Two of Loeb Properties Inc.’s larger retail centers in East Memphis are in the midst of major transformations.

85. Response to Heat Wave Still Building -

Memphis drivers may have passed by Clear Channel Outdoor’s digital billboards in recent days and noticed the warnings.

The advertising giant, because of excessive heat around the country, began issuing heat advisory warnings on its billboards in Memphis; Cleveland, Akron, and Columbus, Ohio; Chicago; Milwaukee; and Indianapolis. The warnings in those areas, with cities like Memphis occasionally seeing temperatures rise into the triple digits, remind people to stay hydrated, keep pets indoors and to be mindful of elderly neighbors.

86. Homebuilding Permits Rise During May -

May’s new home permit totals saw a significant upswing year over year, and homebuilders attribute the improvement to low inventory levels and low interest rates.

Shelby County homebuilders filed 91 permits in May – a 78 percent increase from the 51 filed during May 2011 – according to real estate information company Chandler Reports, www.chandlerreports.com.

87. MIFA Unites Volunteers In Service -

Last week we reflected on Herschel Walker’s recent visit to Memphis, sharing examples of how giving back has opened doors and led to opportunities that have yielded great success in his business and personal life. This week let us spotlight an organization engaging our community to sustain the independence of seniors, transform the lives of families in crisis, and equip teens for success: Metropolitan Inter-Faith Association (MIFA).

88. Orgel’s Experience Helps Him Lead School Board -

Billy Orgel was no stranger to the ways of an elected legislative body by last year when he was appointed to become a member of the countywide school board.

For years, getting the approval of the Memphis City Council or the Shelby County Commission to locate a cell tower has been part of his business, Tower Ventures.

89. Iberiabank Relocates Cordova Bank Branch -

Iberiabank is moving its Cordova branch out from behind the shadow of a rival – literally.

The Iberiabank branch at 1605 Germantown Parkway is being relocated a little more than a mile south of that location into a vacant space formerly occupied by Trust One Bank, which closed several of its locations recently.

90. Finard Wraps First Phase of Poplar Plaza Renovation -

Finard Properties LLC has completed the first of many phases in redeveloping Poplar Plaza at Poplar Avenue and South Highland Street – a multimillion-dollar project undertaken to ultimately prepare the center for a new Kroger.

91. Horne Still Growing at 50 Years -

Already this year, the Horne LLP accounting and business advisory firm has hired a few tax managers for its Memphis office, and the firm also has brought its tax leadership here.

92. HomeGoods Preps for Memphis Store -

Plans are under way for home décor retailer HomeGoods to enter the Memphis market in Cordova.

Metro Construction Inc. has filed a $950,000 building permit application with the city-county Office of Construction Code Enforcement for interior renovation of a former Samuels Furniture and Interiors at The Commons at Dexter Lake, 1615 N. Germantown Parkway, according to The Daily News Online, www.memphisdailynews.com.

93. Housing Market Slowly Improving -

Memphis last month was named as one of 29 metropolitan areas to be included on the National Association of Home Builders/First American Improving Markets Index, which is now nearing 100 cities.

The index identifies metro areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. Other notable new entrants to the list in February were Miami; Boston; Detroit; Kansas City, Mo.; Portland, Ore.; and Salt Lake City.

94. Transportation Boosted to Top of Political Agenda -

WASHINGTON (AP) – After years of procrastination, the White House and Congress have suddenly boosted a long-term plan to improve the nation's roads, bridges and transit systems to the top of the political agenda.

95. French Quarter’s New Owners Meet With Residents -

Two new local owners are under contract to buy and convert the former French Quarter Suites Hotel in Midtown’s Overton Square district to a Comfort Suites in a $6 million project.

At a public meeting Wednesday, Feb. 1, at Memphis Heritage Inc.’s office, 2282 Madison Ave., partners Jay Kumar and Rishi Chopra revealed plans to purchase the vacant 103-room hotel at 2144 Madison Ave., at the northeast corner of Cooper Street and Madison from FQI LLC for $2.3 million and pump about $3.7 million into renovations.

96. Former French Quarter Hotel to Become Comfort Suites -

Two new local owners are under contract to convert the former French Quarter Suites Hotel in Midtown’s Overton Square district to a Comfort Suites in a $6 million project.

At a public meeting Wednesday, Feb. 1, at Memphis Heritage, 2282 Madison Ave., partners Jay Kumar and Rishi Chopra revealed their plans to purchase the vacant 103-room hotel at the northeast corner of Cooper Street and Madison Avenue from FQI LLC for $2.3 million and pump about $3.7 million into renovations.

97. Fallen Police Memorial to be ‘Lasting Tribute’ -

Men and women in blue were joined by friends, family and supporters at the Oak Court Mall, 4465 Poplar Ave., Friday, Dec. 16, for the unveiling of the mockup of a Fallen Officer Memorial that will honor the Memphis Police Department officers who have given their lives in the line of duty.

98. Poorest Poor in US Hits New Record: 1 in 15 People -

WASHINGTON (AP) – The ranks of America's poorest poor have climbed to a record high – 1 in 15 people – spread widely across metropolitan areas as the housing bust pushed many inner-city poor into suburbs and other outlying places and shriveled jobs and income.

99. $3.1 Million Loan Filed for 60 Madison Garage -

Memphis Center City Revenue Finance Corp. and Madison Garage Partners LP have filed a $3.1 million trust deed through JEK Lending LLC for a parking garage at 60 Madison Ave. The refinancing loan, dated Sept. 30, matures on Sept. 29, 2012.

100. US Homebuilders Less Pessimistic in October -

WASHINGTON (AP) – U.S. homebuilders are less pessimistic about the struggling housing market, but not enough to signal a recovery any time soon.

The National Association of Home Builders said Tuesday that its index of builder sentiment this month rose from 14 to 18.