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Editorial Results (free)

1. Lendermon Retires As Riverfront Plans Evolve -

Benny Lendermon was familiar with the controversy that comes with plans for the city’s riverfront before the Riverfront Development Corp. started in 2000 and he became its founding president.

2. Lendermon To Retire From Riverfront Development Corp. -

Benny Lendermon is retiring as the founding president of the Riverfront Development Corp. effective in April.

3. Fourth Bluff Effort Moves Toward More Permanent Plans -

You can still see the words on the surface of Riverside Drive from the RiverPlay area that took over the street between the Mississippi River and Memphis Parks during the summer.

“In Memphis We Ball” reads the chipped white lettering on the asphalt, with the word “ball” almost unrecognizable.

4. Last Word: HOT, Post Secondary Meets High School and Downtown Home Prices -

Even a power outage Downtown didn’t stop the Bruno Mars show at FedExForum Sunday that capped an eventful and HOT weekend around the city. The forum was not affected by the outage.

5. Downtown Home Sales Prices Improving -

Average home sales prices in downtown Memphis have seen significant improvements the past several years as we slowly crawled our way out of the worst housing crisis in recent history.

Through the first eight months of this year, average prices downtown have reached just over $275,000, up 6% from the same period of 2016. While downtown’s home sales only comprise 4% of the total home sales in the city of Memphis, average prices downtown are 129% higher than the city’s average of $120,298, which is up 3% from last year.

6. Summer Pop-Up Park Planned for Riverfront -

Following the popularity of this past winter’s Fourth Bluff Ice Rink, organizers announced they will launch a new temporary public gathering and recreation space at Mississippi River Park this summer.

7. Memphis Condo Sales Up 16 Percent in 2015 -

Memphis and Shelby County saw a 16 percent increase in condo sales last year, with 781 units sold compared to 671 sold in 2014.

Of these sales, 647 units were sold within the city limits, accounting for 89 percent of all condo sales.

8. Making the Connection -

Archie Willis III had just earned his master’s degree in business at the University of North Carolina at Chapel Hill when he returned to Memphis in 1981 to help his father, A.W. Willis Jr., redevelop the Adler Hotel Annex.

9. Density Key to Central Station Timing -

The redevelopment plan for Downtown’s Central Station is the expansion of the South Bluffs development of the 1990s. Or it is a bridge connecting the transformation of the old Cleaborn Homes public housing development to the east and maybe Foote Homes to come.

10. Events -

The Humane Society of Memphis and Shelby County will host Vaccination Station, a low-cost pet vaccination event, Saturday, Dec. 15, from 9 a.m. to 1 p.m. at the southwest corner of Linden Avenue and Lauderdale Street. Visit memphishumane.org for a list of vaccinations and costs.

11. Events -

NEXUS is accepting applications for its Memphis mentors awards through Tuesday, Jan. 1. Categories include outstanding male and female mentors, NEXUS alumni mentor, mentoring organization/nonprofit and mentoring industry/company. Winners will be announced Jan. 29. Visit nexusleaders.org.

12. Events -

Greater Memphis Chamber will hold its annual Chairman’s Luncheon Wednesday, Dec. 12, from 11:30 a.m. to 1 p.m. at The Peabody, 149 Union Ave. Cost is $150 for chamber members and $200 for nonmembers. R.S.V.P. to Tunga Lee at tlee@memphischamber.com or 543-3571.

13. Events -

LightWave Solar will host a lunch & learn titled “How Solar Can Work for Your Home or Business” Friday, Dec. 14, from noon to 1 p.m. in the River Tower at South Bluffs clubhouse, 655 Riverside Drive. R.S.V.P. to Grace Robertson at grobertson@lightwavesolar.com or 615-641-4050, ext. 104.

14. Events -

The Tennessee Society for Human Resource Management will hold its 2012 conference and exposition Wednesday, Sept. 12, through Friday, Sept. 14, at Memphis Cook Convention Center, 255 N. Main St. Visit tnshrmconf.com for a schedule.

15. Events -

Forest Hill Funeral Home and Cemeteries will hold a Sept. 11 memorial service Tuesday, Sept. 11, from 10:30 a.m. to 12:30 p.m. in its Bartlett chapel, 2440 Whitten Road. Visit foresthillfh.com.

16. Back into the Fold -

Before there was South Bluffs, there was French Fort.

Before the Hernando DeSoto Bridge was built and city zoning regulations placed more distance between commercial, industrial and residential areas, this neighborhood by the trio of older Mississippi River bridges south of Downtown survived in one of the most historic and isolated parts of the city.

17. ‘Modified and Decreased’ -

The Memphis condominium market is hoping to gain some positive momentum through the rest of this year thanks to historically low interest rates and decreasing condo supply across the city.

Condo sales in the Memphis area in 2011 are down 27 percent compared to 2010, with 310 sales through July this year versus 422 sales in the same time during 2010, according to real estate information company Chandler Reports, www.chandlerreports.com.

18. Local Group, UP to Discuss Harahan Bridge -

A delegation from Memphis led by Memphis Mayor A C Wharton Jr. will be in Omaha, Neb., next week to talk with Union Pacific railroad executives about a bicycle and pedestrian path across the Mississippi River.

19. Condo Market Sees Strong Rebound in December -

The latest sales numbers show the Downtown condominium market is making a slow and steady recovery, but perhaps the most telling sign that things are improving can be gleaned from a recent deal brokered by real estate agent Jason Durston.

20. Goodwyn Condo Interest Builds Quickly After Foreclosure -

Momentum is building at the Goodwyn Condominiums, where Hobson Co. Realtors has inked contracts for nine of its unsold units just weeks after the property was reclaimed by the bank following a foreclosure.

21. Housing Divided -

A couple of years ago, when Clay Thompson of Memphis decided it was time to stop renting, he set his sights on the Downtown condominium market. He was especially interested in the old warehouses in the South Main Historic Arts District that had been converted to condos.

22. River Tower Owners to Attempt Second Condo Auction -

The owner of the River Tower at South Bluffs hopes the second time is the charm when it comes to auctioning the Downtown high rise’s unsold condominium units.

Houston-based McCord Development Inc. will hold another condo auction for the 152-unit River Tower, 655 S. Riverside Drive.

23. Barboro Flats Developer To Begin Second Phase -

100 S. Main St.
Memphis, TN 38103
Permit Amount: $8 Million
Project Cost: $18.2 million
Permit Date: Applied July 2009
Completion: Summer 2010
Owner: 100 South Main Partners
Tenant: TBA
Contractor: Montgomery Martin Contractors LLC
Architect: Looney Ricks Kiss Architects Inc.

24. $17.5M Trustee’s Sale Of Horizon Closes -

The sale of the Horizon apartment building at 717 Riverside Drive Downtown has closed and was recorded July 7 in a successor trustee’s deed, according to the Shelby County Register of Deeds. The 16-story building was foreclosed by the lender, Capital One NA, which subsequently bid on the building during the trustee’s sale on the Shelby County Courthouse steps.

25. Capital One Buys The Horizon for $17.5M -

Capital One NA reclaimed the 16-story The Horizon at 717 Riverside Drive in a foreclosure sale Tuesday afternoon on the steps of the Shelby County Courthouse.

The New Orleans-based bank foreclosed on the property last month after the building’s developer, The Bryan Co. of Ridgeland, Miss., defaulted on a $58.6 million loan dated Aug. 7, 2007. The Bryan Co. operated in that transaction as Riverside Bluffs LLC.

26. Horizon Buyers Sue to Get Out Of Contracts -

Two lawsuits have been filed seeking to allow buyers of a Downtown condominium project out of their contracts.

The Shelby County Chancery Court lawsuits were filed last week against Riverside Bluffs LLC, which is selling the condo units at The Horizon, a 16-story high rise at 717 Riverside Drive, according to The Daily News Online, www.memphisdailynews.com.

27. Another Downtown Building In Foreclosure -

The real estate slump has claimed another victim in the Memphis skyline, but this time it didn’t wait for the property to be completed.

Still under construction, the 16-story Horizon at 717 Riverside Drive Downtown is now in foreclosure, according to a first-run foreclosure notice that appears on Page 35 of today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

28. Edge Neighborhood Apts. On CCRFC Agenda -

Among the items that will be discussed today by the Center City Revenue Finance Corp. is a payment-in-lieu-of-taxes (PILOT) application at the request of Memphis Housing LLC for an apartment project at 607 Monroe Ave.

29. Slow Market Leads to Condo Auction -

The Houston-based redeveloper of a Downtown high rise has become frustrated with the soft real estate market and will place 44 unsold condominiums on the auction block.

On June 21 at 11 a.m., McCord Development Inc. will try to sell its remaining condominiums in the 152-unit River Tower at South Bluffs at a public auction. The first 10 will be sold absolute, which means they will be sold to the highest bidder regardless of price. Starting bids on the rest of the units will be based on the prices of those first 10.

30. 44 River Tower Condos To be Auctioned -

River Tower at South Bluffs condominiums is set for an inventory closeout auction on June 21 at 11 a.m.

The auction will include 44 condominiums with 10 selling to the highest bidders. A penthouse also will be included.

31. Bryan Co. Files $58M LoanFor Horizon Condominiums -      The Bryan Co. has filed a $58.6 million loan for construction of The Horizon condominiums at 717 Riverside Drive, and last week began work on the first of two 16-story towers on the Downtown skyline.

32. Downtown Condos Aren't Being Converted Back to Apartments - Yet -

As construction of Downtown condominiums continues to surge - and availability of Downtown apartments remains scarce - the idea that unsold condos could be converted into apartments has crossed a few minds.

33. Top of the Heap -

When it opened with a bang in 1935, the parade of dignitaries, airplanes overhead and boats drifting along the Mississippi River no doubt made for quite a spectacle.

Today, something similar is occurring along Riverside Drive, which remains an upscale, well-maintained "front door" of the city some 70 years after its unveiling. Several real estate projects are bringing new townhomes, condominiums and streetscape improvements to the area.

34. Archived Article -

25 lots in
Carlyle Place II
Loan Amount: $4 million

Loan Date: Oct. 16, 2006

Maturity Date: Oct. 16, 2007

35. Old Union Planters Building Gets Major Facelift -

With the Center City Commission (CCC) listing 1,065 condominiums in the Downtown market and with more on the way, a Dallas-based residential development company has decided to go in a different direction.

36. Latest Chandler Figures Show 12 Percent Increase in Home Sales -

The Memphis residential market showed solid sales for the first quarter of 2006, with areas such as the Downtown condominium market and eastern Shelby County undergoing significant gains, according to the most recent data from Chandler Reports, www.chandlerreports.com.

37. Working for a Transformed Riverfront -

The land bridge concept was but one part of an extensive, transformational plan for the Memphis riverfront that looks out over 50 years and anticipates the growth and future needs of this important area. The land bridge was to be an extension of Downtown across the Wolf River Harbor from about Court Street to roughly Poplar Avenue, depending on the amount of space needed. As one of the fastest-growing downtowns in America, there will come a time when our downtown will need room to grow, and the land bridge was one way to accommodate such growth.

38. Archived Article: Lead - New Residential Helps Downtowns South End Grow

South Downtown Gets More New Homes

New construction blends with old in growing district


The Daily News

Downtowns South Central Business Improvement District, which has already...

39. Archived Article: Multifam (lead) - The Living is Easy Downtown

In Downtown Memphis, the Living is Easy

Myriad housing options bring more residents Downtown


The Daily News

It wasnt all that long ago that when someone asked, Whats available in Downtown livin...

40. Archived Article: Gov Focus - Gov

Downtown Officials Set Sights on Infrastructure


The Daily News

A $250 million NBA arena, a top-notch minor league ballpark, new restaurants, Peabody Place the list of new Downtown amenities seems endless. But as developer...

41. Archived Article: South (lead) - Industrial gives way to South End homes

Homes Replace Industry in Downtowns South End

Developers predict population will exceed Mud Island


The Daily News

Almost a century ago, in an area of Downtown south of The Orpheum an...

42. Archived Article: Standout St - By SUZANNE THOMPSON Laying the foundation Architect Granville Taylor used mortar to begin building a career By SUZANNE THOMPSON The Daily News As a child growing up in Russellville, Ky., Granville Taylor never imagined hed end up becoming an archite...

43. Archived Article: Restaurants Lj - lj 10/5 cates Downtown restaurant market strong By LAURIE JOHNSON The Daily News The Downtown restaurant market in Memphis is growing in 1996, with eight new restaurants opening since January, according to business licenses filed in Shelby County. &...