Editorial Results (free)
1.
Crosstown Crossroads -
Saturday, May 26, 2018
When Octavia Young opened Midtown Crossing Grill in 2014, the area around what would eventually become the Crosstown Concourse was a lot different than it is now.
Though there were some agreements in place at the time, there were no guarantees that the wildly ambitious but risky project would a success, and even if it was, there was no telling how long it would take for that success to spill out into the surrounding neighborhood.
2.
Fall Creek Falls Project Leaves Destructive Trail -
Thursday, May 10, 2018
The Fall Creek Falls Inn and Conference Center will soon be in ruins like the livelihoods of the state employees who worked there.
Fewer than half the state employees who worked at the inn found new state jobs after it closed in early April. Some are working for nearly half the pay, and some had to move away from Van Buren County or drive long distances to keep a job with the state.
3.
Memphis Army Depot, CA Building Get New Owners -
Monday, April 30, 2018
2028 Memphis Depot Pkwy.
Memphis, TN 38114
Sale Amount: $50 million
4.
Opioid Litigation, FedExForum NonCompete Top Local Law Developments -
Saturday, April 21, 2018
Here are some of the legal issues making news in recent months.
NASHVILLE, Tenn. (AP) – Tennessee Attorney General Herbert Slatery says lawsuits by local prosecutors over the opioid epidemic are complicating his efforts to reach a multistate settlement with drug companies. In response, the prosecutors, who represent about half of Tennessee's counties, say local communities lose out when lawsuits like theirs are rolled into one settlement.
5.
Two New Distribution Facilities, Southaven ‘Town Square’ In the Works -
Monday, January 8, 2018
2481 Appling Road, Memphis, TN 38133: Salt Lake City, Utah-based aftermarket auto body parts distributer Certifit Inc. is planning to construct a 604,800-square-foot distribution facility at the southwest corner of Appling and Reese roads.
6.
Auto Body Parts Distributor Eyes Northeast Memphis Site -
Friday, January 5, 2018
Salt Lake City, Utah-based aftermarket auto body parts distributer Certifit Inc. is planning a 604,800-square-foot distribution facility on the southwest corner of Appling and Reese roads.
7.
Auto Parts Company Planning 600,000SF Distribution Facility in Memphis -
Thursday, January 4, 2018
Salt Lake City, Utah-based aftermarket auto body parts distributer Certifit Inc. is planning a 604,800-square-foot distribution facility on the southwest corner of Appling and Reese roads.
8.
EDGE Approves Master Plan for Port of Memphis -
Saturday, November 25, 2017
The Memphis & Shelby County Port Commission and Economic Development Growth Engine board have awarded a $327,500 contract to the Pickering Firm to develop a comprehensive master plan for the Port of Memphis.
9.
EDGE Board Approves Master Plan Study for Port of Memphis -
Monday, November 20, 2017
The Memphis & Shelby County Port Commission and Economic Development Growth Engine board have awarded a $327,500 contract to the Pickering Firm to develop a comprehensive mas-ter plan for the Port of Memphis.
10.
Designs for 3 Downtown Redevelopment Projects Approved -
Thursday, October 12, 2017
Plans for three prominent Downtown redevelopment projects received the architectural green light Wednesday afternoon, Oct. 11, from the Downtown Memphis Commission’s Design Review Board.
Developer 495 TN Partners, which includes partners William Orgel, Jay Lindy and Adam Slovis, will be able to begin construction on Phase II of the Tennessee Brewery development at the southeast corner of Tennessee Street and Butler Avenue in the South Main Historic Arts District.
11.
Tennessee Taco Opens in Former Los Compadres Space -
Monday, September 11, 2017
3295 Poplar Ave.
Memphis, TN 38111
12.
Memphis Music Initiative To Occupy Old Downtown Firehouse -
Thursday, July 27, 2017
198 Dr. Martin Luther King Jr. Ave., Memphis, TN 38103
Tenant: Memphis Music Initiative
13.
Three Local Developers Seeking DMC Grants to Attract New Tenants -
Friday, July 14, 2017
Three new redevelopment projects are seeking Exterior Improvement Grants from the Downtown Memphis Commission in the hopes of attracting new tenants.
The first applicant, Janice Holder, is a retired Tennessee Supreme Court Justice, seeking to restore the façade of her building, located 55 S. Main St., back to its Gilded Age roots.
14.
Last Word: Wahlburgers, CA For Sale and Council Day -
Tuesday, June 20, 2017
We really go for hot food brands around here – whether its restaurants or supermarkets. And it makes us suckers to some degree. I don’t mean that in a bad way. Memphis without being open to all possibilities and what others see as impossible is just not Memphis. But when it comes to the business of brands sometimes you start to wonder. We may be guilty of putting too much weight on a brand to solve problems that no brand anywhere can solve.
15.
Golden India Seeks New Location Near Square -
Friday, June 9, 2017
The owners of Golden India restaurant in Overton Square want to move from their Madison Avenue storefront of 20 years to the site of a circa-1912 duplex on North Cooper Street where they intend to build a new restaurant.
16.
Tennessee Brewery Developers Seek Incentives for Second Phase -
Friday, June 9, 2017
The developers of the Tennessee Brewery project are seeking a 20-year tax abatement to begin construction on phase two of their Downtown Memphis mixed-use development.
William Orgel, Jay Lindy and Adam Slovis, representing 495 TN Partners, have applied to the Center City Revenue Finance Corp. for a payment-in-lieu-of-taxes incentive to build an additional 130-unit, four-story building they estimate will cost around $12.3 million.
17.
Tennessee Brewery Developers Seeking Tax Incentives for Second Phase -
Thursday, June 8, 2017
The developers of the Tennessee Brewery Project have applied for a 20-year tax abatement with the Center City Revenue Finance Corporation to begin construction on phase two of their Downtown Memphis mixed-use development.
18.
Commission Chair: Not Enough Votes To Pass Tax Cut -
Wednesday, May 10, 2017
Shelby County Commission budget chairman Steve Basar doesn’t count seven votes on the commission at this point for a cut in the county property tax rate.
“I don’t think there’s seven votes right now to go lower than the certified tax rate,” Basar said Monday, May 8, following a weekend budget summit among commissioners at Shelby Farms Park.
19.
Oden to Rehab Building Downtown for New HQ -
Monday, April 10, 2017
Plans to breathe new life into a vacant 77-year-old warehouse two blocks from the FedExForum have been submitted by Oden & Associates Inc., a locally owned marketing firm looking to relocate its headquarters.
20.
Marketing Firm to Rehab Vacant Downtown Building for New HQ -
Friday, April 7, 2017
Plans to breathe new life into a vacant 77-year-old warehouse two blocks from the FedExForum have been submitted by Oden & Associates Inc., a locally owned marketing firm looking to relocate its headquarters.
21.
Another Country -
Saturday, March 4, 2017
On the road into the C.H. Nash Museum at Chucalissa in southwest Memphis, there is a sign you might not notice on your way to the museum and archaeological site.
An arrow pointing east is the way to Memphis. The western arrow reads Chucalissa.
22.
Luxury Apartments Begin $17 Million Expansion -
Thursday, February 16, 2017
3333 Hacks Cross Road, Memphis, TN 38125: Fieldstone Apartment Homes, a gated community in southeast Memphis, is in the process of another massive expansion.
Permit Amount: $9.7 million (combined)
23.
Dave & Buster’s to Open Cordova Location -
Thursday, January 19, 2017
7930 Germantown Parkway
Memphis, TN 38133
Landlord: Brixmor Property Group
Tenant: Dave & Buster’s
24.
Developer Buys Former Merle Norman Warehouse -
Thursday, December 22, 2016
3670 S. Perkins Road
Memphis, TN 38118
Sale Amount: $1.3 million
Sale Date: December 2016
Buyer: Farnsworth Investment Co.
25.
Trustmark Centre Building Sells for $14.5 Million -
Saturday, October 22, 2016
An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.
The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.
26.
Trustmark Centre Building Sells for $14.5 Million -
Friday, October 21, 2016
An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.
The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.
27.
Trustmark Centre Building Sells for $14.5 Million -
Thursday, October 20, 2016
An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.
The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.
28.
Morgan Tate Promoted At River City Land Co. -
Wednesday, August 24, 2016
Morgan Tate has been named principal property manager of River City Land Co.’s property management division. A fourth-generation real estate professional, Tate joined the team at River City Land Co. in 2008 and began working for the firm’s property management division in 2012.
29.
TAG Truck Center to Occupy Mall of Memphis Land -
Thursday, July 28, 2016
4430 American Way
Memphis, TN 38118
Permit Amount: $28 million
Application Date: July 2016
30.
3-Story Hotel Set to Rise In Southeast Shelby County -
Thursday, July 7, 2016
7967 Lowrance Road
Shelby County, TN 38125
Permit Amount: $2.6 million
Issued Date: July 2016
31.
Williams Hired for Memphis Blight-Fighting Fellowship -
Wednesday, July 6, 2016
The city of Memphis and University of Memphis Cecil C. Humphreys School of Law recently hired Brittany J. Williams as the city’s first Neighborhood Preservation Fellow. In that role, Williams will represent the city in Environmental Court lawsuits against property owners who have vacant, abandoned or dilapidated properties that violate city codes.
32.
EDGE Grants Incentives for TAG Truck Center, Turner Dairy -
Friday, June 17, 2016
Two longtime Memphis-area companies secured tax incentives at the June meeting of the Memphis-Shelby County Economic Development Growth Engine.
The payment-in-lieu-of-taxes will support TAG Truck Enterprises LLC’s plans for the former Mall of Memphis site as well as an expansion of Turner Dairy in the heart of Midtown.
33.
Dave Thomas Named CEO Of Kemmons Wilson Insurance -
Wednesday, May 11, 2016
Dave Thomas has joined Kemmons Wilson Insurance Group as chief executive officer. In this role, he’s responsible for overseeing day-to-day operations and also is tasked with growing the Memphis-based property and casualty insurance company. Thomas has 40 years of experience in the insurance industry, most recently serving as CEO of Louisiana Citizens Property Insurance Corp.
34.
Last Word: Budget-Mania, TNReady's Backstory and Slow Down Millenial Investors -
Tuesday, May 3, 2016
The Overton Park Greensward controversy moves back to City Hall Tuesday as the council talks over an ordinance that sets further in stone the council’s decision in March to give the Memphis Zoo control of two-thirds of the greensward.
35.
Middle Tennessee construction can’t meet demand -
Saturday, April 16, 2016
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.
36.
Over $20M in Construction Headed to Brewery District -
Thursday, March 24, 2016
495 Tennessee St.
Memphis, TN 38103
Permit Amount: $18.8 million
Owner: 495 Tennessee LLC
Tenant: Brewery Master Tenant
37.
Airport-Area Industrial Sells for $1.2 Million -
Thursday, March 10, 2016
1525 Three Place, 3365-3378 One Place
Memphis, TN 38116
Sale Amount: $1.2 million
Buyer: Gregory Realty
Seller: One Place Associates
38.
Save-A-Lot to Anchor New Sam Cooper Shopping Center -
Tuesday, February 2, 2016
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
39.
Mall of Memphis Property Bought by Trucking Company -
Tuesday, January 5, 2016
113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million
Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.
40.
Last Word: Out With the Old, In With The River -
Friday, January 1, 2016
We end 2015 with an eye on the Mississippi River as the city marks the New Year with three major New Year’s Eve outdoor celebrations – one on Beale Street, another in the newly-awakened Overton Square and yet another in the Broad Avenue Arts District.
Two come with lots of memories of past New Year’s eves – with soon-to-be memories.
Overton Square’s comeback as a theater district has been a big story of the last two years.
But Beale Street at the end of 2015 is an institution that has also seen a lot of change in the last year with the move to a Beale Street Tourism Development Authority at year’s end.
Broad is a different story with a different context. The context is a diversified Memphis whose crowd is likely to be at least slightly more local than the mix in Overton Square and on Beale Street.
It's example could very well show us the path to a New Year's eve with public celebrations from Whitehaven to Frayser.
41.
Mall of Memphis Land Sold to Trucking Company -
Thursday, December 31, 2015
The development company that wanted to build a speculative industrial park on the former Mall of Memphis site has sold the property instead.
Johnson Development Associates, Inc., acting as Memphis Industrial Properties, LLC, has unloaded the Mall of Memphis land in a Dec. 29 warranty deed.
42.
Ikea Hires Memphis Contractor, Reaffirms Opening Date -
Saturday, November 28, 2015
Ikea has made it official, again, and has hired a Memphis contractor to handle the heavy lifting.
Linkous Construction Co. will serve as construction manager for Ikea’s Memphis project, which is set for a groundbreaking next month and a fall 2016 opening.
43.
Ikea Hires Memphis Contractor, Reaffirms Opening Date -
Tuesday, November 24, 2015
Ikea has made it official, again, and has hired a Memphis contractor to handle the heavy lifting.
Linkous Construction Co. will serve as construction manager for Ikea’s Memphis project, which is set for a groundbreaking next month and a fall 2016 opening.
44.
Stacks Named CEO of Signature HealthCARE -
Wednesday, November 11, 2015
Michael Stacks has joined Signature HealthCARE at St. Francis as its CEO, where he’s responsible for day-to-day operations. Stacks, a U.S. Army veteran, most recently served as executive director of Allenbrooke Nursing & Rehabilitation Center in Memphis and Scenic Nursing & Rehabilitation Center in Herculaneum, Mo.
45.
New Owner to Revive Long-Vacant Downtown Block -
Tuesday, November 3, 2015
A group of private investors – led by Memphis businessman Michael Cook – is looking to turn a blighted Downtown block into a mixed-use development with covered parking.
Walk-Off Properties LLC bought the nine-story Hickman Building and its accompanying two-story parking garage on Sept. 30 for $1 million. The building, at 240 Madison Ave., sits across from the Fogelman Downtown YMCA.
46.
International Paper CEO: 'Find a Way to Be Relevant' -
Friday, October 23, 2015
International Paper chairman and CEO Mark Sutton, who’s been the top executive at the Memphis-based paper and packaging products giant for almost a year now, has some pretty basic guideposts for being a good leader.
47.
Events -
Saturday, October 17, 2015
Flocktoberfest Fireworks, featuring the Memphis Symphony Orchestra, will take place Friday, Oct. 23, at dusk outside Bass Pro Shops at The Pyramid, 1 Bass Pro Drive. The free concert and fireworks spectacular is part of the World’s Hunting & Waterfowl Expo, Oct. 16-25 at Bass Pro. Visit basspro.com/waterfowlexpo for a list of events and activities.
48.
Highland Row Developer Seeks Permit for Parking Garage -
Tuesday, September 22, 2015
Highland Row
Parking Garage
Permit Amount: $5 million
Application Date: September 2015
Completion: Late summer 2016
Owner: Poag Shopping Centers LLC
Architect: Looney Ricks Kiss
Contractor: Milhaus Development LLC
Details: Indianapolis-based developer Milhaus Development LLC and Memphis-based Poag Shopping Centers LLC have pulled a $5 million building permit as they continue developing the new Highland Row urban infill development.
49.
Baker Donelson Adds Carletos-Drayton -
Wednesday, September 2, 2015
Carmalita “CC” Carletos-Drayton has joined the Memphis office of Baker, Donelson, Bearman, Caldwell & Berkowitz PC as a shareholder. Carletos-Drayton’s legal practice primarily focuses on environmental law, economic development, and government contracts.
50.
Cloverleaf Shopping Center Sells in $4.8 Million Deal -
Tuesday, August 25, 2015
5071, 5079 and 5150 Summer Ave.
761 N. White Station Road
Memphis, TN 38122
51.
Cummins Continues Memphis Expansion -
Saturday, August 22, 2015
Cummins Inc. continues to expand its new distribution center in Memphis.
Dan Walker Associates Inc. applied for a $2.7 million building permit to renovate the existing 400,000-square-foot building at 5800 Challenge Drive in Southeast Memphis just across the street from the existing Cummins distribution facility on Quest Way.
52.
Cummins Continues Memphis Distribution Center Expansion -
Wednesday, August 19, 2015
Cummins Inc. continues to expand its new distribution center in Memphis.
Dan Walker Associates Inc. applied for a $2.7 million building permit to renovate the existing 400,000-square-foot building at 5800 Challenge Drive in Southeast Memphis just across the street from the existing Cummins distribution facility on Quest Way.
53.
Proposal Prompts Closer Look at Tax Breaks -
Wednesday, August 19, 2015
In recent years, the tax incentives used to bring economic development and jobs to Memphis have been a lightning rod.
The debate’s volume grew as it became apparent that Memphis was emerging from the national recession at a slower pace than other major cities as well as some parts of rural west Tennessee and north Mississippi.
54.
Methodist Healthcare Buys Office Building From Belz -
Tuesday, July 14, 2015
5865 Shelby Oaks Circle
Memphis, TN 38134
Sale Amount: $4 million
Sale Date: June 30, 2015
Buyer: Methodist Le Bonheur Healthcare
Seller: Belz Investco GP and Bico Associates GP
Details: Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.
55.
Buying a House? Here’s 12 Things You Must Do -
Saturday, July 4, 2015
Anyone buying any home anywhere should have a checklist of things to do. In this area, there are several.
• Get a home inspection. Old or new, things may not be what they seem. As attorney Jean Harrison says of new homes, “Passing codes means they got at least a D-.” A home that has been pre-inspected could have serious flaws undiscovered by the seller’s inspector.
56.
Uncomfortable Truths in Real Estate Contracts -
Saturday, June 27, 2015
Bill Decker of Decker Wealth Management was recently discussing a contract issue he had with one of his vendors, the issue being whether Decker should be allowed to purchase additional product at a certain price.
57.
Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -
Tuesday, June 23, 2015
5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million
Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.
58.
Ramsey Uses ‘System’ to Reshape State’s Political Landscape -
Thursday, May 28, 2015
Senate Speaker and Lieutenant Gov. Ron Ramsey laughs at the notion he’s changed since being elected to the Legislature 23 years ago, that he’s lost touch with the common man or become “arrogant” as lieutenant governor of Tennessee.
59.
Nashville's Next Mayor Must Solve Traffic, Education Woes -
Saturday, May 16, 2015
“Traffic is getting worse by the day.” I must have heard that complaint six times last week. Those exact words.
Perhaps some road construction coupled with Vanderbilt’s graduation complicated the situation, but that seems to be the feeling here.
60.
Small Banks Find Ways to Compete With Giants -
Saturday, May 16, 2015
Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.
61.
Do We Have a Deal? Yes, Until We Don’t -
Saturday, May 9, 2015
People are angry now. Angrier than ever. In the past, there may have been a slight skirmish or two, but now there are battles that often escalate into full-scale wars.
Buyers feel they have paid too much, and sellers feel they are being waterboarded during the inspection process.
62.
Disaster Drought Might Net Insurance Savings -
Saturday, April 18, 2015
I should probably knock on a rather large piece of wood as I write this, perhaps a California Redwood, but here goes:
In 2011, following the Great Flood of 2010, there was lesser flooding that affected a much smaller area. Then there was the hailstorm in 2012 that resulted in new roofs for thousands – if not tens of thousands – of homes in the area.
63.
Ryan: Be Flexible On Location For More Office Space Options -
Saturday, March 7, 2015
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.
64.
MRG Enjoys Flurry of Leasing Activity -
Friday, March 6, 2015
Memphis-based Makowsky Ringel Greenberg LLC is reporting leasing activity at its retail, office and industrial properties.
65.
Brewery Developers Buy Site for New Apartment Building -
Tuesday, March 3, 2015
11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million
Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.
66.
Nashville Mayor’s Race Exposes Unpleasant Problems -
Saturday, February 28, 2015
In six weeks or so, the Greater Nashville area will learn what a snowmegeddon can do to area home sales.
With a quarter of the month frozen, it was hard for buyers to let it go and embark upon a house hunt. March closings, reflecting February sales, will be released in early April and might slow the freight train that the residential real estate has been riding for almost three years.
67.
Stonebridge Crossing Sells for $34.7 Million -
Monday, January 19, 2015
9300 U.S. 64
Lakeland, TN 38002
Sale Amount: $34.7 million
Sale Date: Jan. 5, 2015
Buyer: Lakeland Apartments TN Associates LLC
Seller: MRB Stonebridge LP
Loan Amount: $27.7 million
Loan Date: Dec. 15, 2014
Maturity Date: Feb. 1, 2025
Lender: Walker & Dunlop LLC
Details: An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.
68.
Making a Statement -
Saturday, December 13, 2014
One of the regional banking players in Memphis is Jackson, Miss.-based Trustmark Bank, which took a big step that made a statement in Memphis this year.
69.
Insurance Costs Might Leave Your Deal All Wet -
Saturday, November 8, 2014
If a tree falls in the woods and no one hears it, is there sound? That’s a question for the ages.
If a tree falls onto a neighbor’s house, whose insurance pays? That one is not debatable. It’s the insurer of the damaged home.
70.
Take a Right at Candyland, Cruise Down Memory Lane -
Saturday, September 27, 2014
Bill Decker has confessed to committing an “old Nashville” act. The founder of Decker Wealth Management admits he recently gave a friend directions to a certain destination that included a turn at a now-demolished Nashville landmark.
71.
Knoxville-Area Real Estate Bouncing Back -
Saturday, September 6, 2014
Knoxville’s housing market seems to be making steady gains after the setbacks of the Great Recession.
Doyle Webb, president of the Knoxville Area Association of Realtors and a Realtor with Realty Executives Associates, says the area’s housing market will continue to improve over the next five to 10 years and surpass its 2007 sales’ levels.
72.
Is It Really Time to Relax Lending Standards? -
Saturday, August 30, 2014
Just when you thought it was safe to believe in the wisdom of the system, they pull this.
Back in 2008, when the Great Recession made its way into Middle Tennessee and the area began to feel the pain that other regions had endured for several years, the financial world collapsed.
73.
New Office Building Park in Works -
Wednesday, August 27, 2014
A Memphis contractor is planning a new office building park in the city, according to a news report.
Memphis-based construction contractor Dan Walker Associates Inc. plans to develop up to 240,000 square feet in seven buildings on nearly eight acres at 3923 Forest Hill Irene Road, according to the report in the Memphis Business Journal.
74.
Orgel Has Brewery Under Contract -
Monday, August 25, 2014
Memphis businessman Billy Orgel has the Tennessee Brewery under contract to buy.
He told The Commercial Appeal he wants to preserve the structure and is open to any idea that helps accomplish that. But Orgel, a founder of Tower Ventures, is not answering any more questions for now.
75.
Westin Memphis Honored for Community Service -
Wednesday, August 20, 2014
When an F-5 tornado tore through Angela Copeland’s hometown of Moore, Okla., last year, she initially felt helpless.
76.
Doug Carpenter & Associates Still Growing Four Years On -
Monday, August 18, 2014
Even before her recent graduation from the University of Texas at Austin, Cara Greenstein had been keeping an eye on her hometown of Memphis, paying attention to job opportunities, looking for the right place to land.
77.
Economic Development Growth Engine Looks to Make PILOTs More Effective -
Tuesday, July 8, 2014
For years, the payment-in-lieu-of-taxes incentive used to recruit or retain jobs in Memphis and Shelby County has been a lightning rod for criticism, particularly from municipal labor unions who view the incentives as corporate welfare that erodes the tax base.
78.
Park Progress -
Saturday, June 28, 2014
Shelby Farms Park has always seemed, in a way, like Memphis’ 4,500-acre backyard.
Venture to the park on any given day, and what’s liable to greet you is a cross section of Memphis that presents itself amid the park’s rolling hills, pastures, trails and lakes.
79.
Aren Investments Buys Winchester Haverty’s -
Tuesday, June 17, 2014
6870 Winchester Road
Memphis, TN 38115
Sale Amount: $1.1 million
Sale Date: June 2, 2014
Buyer: Aren Investments LLC
Seller: Kirsch Associates LP
Loan Amount: $850,000
Loan Date: June 2, 2014
Maturity Date: Nov. 15, 2015
Lender: BancorpSouth Bank
Details: Local real estate investment firm Aren Investments LLC has paid $1.1 million for the Haverty’s furniture store at 6870 Winchester Road in Hickory Hill.
80.
Questions Raised About 100 N. Main Developer -
Friday, June 13, 2014
.
Clarification: The article in the June 16 issue of The Memphis Daily News about 100 N. Main developer Isaac Thomas contains facts from a judge’s opinion rendered after a civil judgment – not a criminal case – in Connecticut that held Thomas liable for an investor's $80,000 loss in a real estate venture. After a civil trial, Thomas was found liable under the Connecticut Unfair Trade Practices Act and was ordered to pay $160,000 plus attorney fees and costs. While he was also found liable for conversion, unjust enrichment and breach of fiduciary duty, no additional damages were awarded for those claims. Thomas was not criminally charged.
81.
Untapped Proved Passion for History -
Friday, June 6, 2014
Once the last of the food trucks departed, the tables and chairs were packed away, the beer garden cleared out and supporters exited through the courtyard archway a final time, the Tennessee Brewery returned to what it’s been for decades.
82.
Enjoy the Brewery While It's Still Here -
Tuesday, April 15, 2014
I’ve been looking at the Tennessee Brewery for years. I used to have an office next door, and now from my agency’s current location, I can see its majestic, Romanesque arched windows towering over the South Main Arts District.
83.
New Partners Sign On to Tennessee Brewery Effort -
Friday, April 4, 2014
This weekend, volunteers will return to the Tennessee Brewery property to continue getting it ready for Tennessee Brewery Untapped, a six-week series of community events that will run April 24 through June 1.
84.
PILOT Reform -
Saturday, February 8, 2014
Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.
85.
Belz Sells Shelby Oaks EnSafe Center for $910,000 -
Monday, January 20, 2014
5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000
Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.
86.
Gold Strike Promotes Slade to PR Manager -
Wednesday, January 8, 2014
Elizabeth Slade has been promoted to public relations manager at Gold Strike Casino Resort. In her new role at the MGM Resorts International property, Slade will lead in developing and executing integrated marketing communication plans with components such as media relations, social media strategy, community partnerships and brand management.
87.
Southeastern Freight Lines Gives Back -
Tuesday, December 24, 2013
Despite a busy year greatly expanding its facilities in Memphis, Southeastern Freight Lines has found time to give back to the local community through its Southeastern Serves program, donating 39 hours locally and 1,323 total hours nationally to a variety of worthy causes.
88.
Events -
Wednesday, November 20, 2013
Tennessee Shakespeare Co. will present “It’s a Wonderful Life: A Life Radio Play” Wednesday, Nov. 20, through Dec. 8 in the Dixon Gallery and Gardens Winegardner Auditorium, 4339 Park Ave. Visit tnshakespeare.org.
89.
Events -
Tuesday, November 19, 2013
Memphis Rotary Club will host a debate between Shea Flinn and Kenneth Whalum Jr. Tuesday, Nov. 19, at noon at the University Club of Memphis, 1346 Central Ave. The topic is “Memphis Sales Tax Increase: Yea or Nay?” Cost for nonmembers is $18. RSVP to Taylor Hughes at taylor@memphisrotary.org.
90.
Wenco Files Construction Loan for Volvo of Memphis -
Tuesday, November 19, 2013
7910 Trinity Road
Cordova, TN 38018
Loan Amount: $4.2 million
Loan Date: Nov. 7, 2013
Maturity Date: n/a
Borrower: Wenco Properties LLC
Lender: Wells Fargo Bank NA
Details: Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.
91.
Events -
Monday, November 18, 2013
The Shelby County Trustee’s Office will host a “Home Sweet Home” workshop for seniors Monday, Nov. 18, from 10 a.m. to noon at the Goodwill Senior Center, 163 W. Raines Road. Trustee staff will provide information on senior property taxes and how to effectively pass property to heirs. Cost is free. Visit shelbycountytrustee.com.
92.
Events -
Saturday, November 16, 2013
Ignite Memphis, Vol. 6, will be held Tuesday, Nov. 19, from 7 p.m. to 10 p.m. at Crosstown Arts, 430 N. Cleveland St. Twelve Memphians will enlighten attendees on a variety of topics via five-minute, 20-slide presentations. Cost is $15. Visit ignitememphis.com.
93.
New in Rural Tennessee: Discovery Park of America -
Friday, November 1, 2013
UNION CITY, Tenn. (AP) – The gleaming white building with curved exteriors and a spaceship-like tower emerges from the flat landscape of West Tennessee like something out of science fiction, but it's not a villain's lair or superhero's headquarters.
94.
New Jersey Firm Buys Pendleton Place Apartments -
Tuesday, October 1, 2013
1780 Pendleton St.
Memphis, TN 38114
Sale Amount: $3.1 million
Sale Date: Sept. 11, 2013
Buyer: Pendleton Apartments LLC
Seller: Pendleton Investors LLC
Details: An affiliate of Teaneck, N.J.-based The Aspen Cos. has paid $3.1 million for the Pendleton Place Apartments at 1780 Pendleton St. in the Defense Depot area.
95.
Tax Zone Would Fund Fairgrounds Remake -
Friday, September 20, 2013
A 3-square-mile Tourism Development Zone would finance a $233 million renovation of the Mid-South Fairgrounds sought by the administration of Memphis Mayor A C Wharton Jr.
The city sent its 88-page application Sept. 13 to Tennessee Finance Commissioner Larry B. Martin. The application seeks state permission to use incremental sales tax revenue estimated at close to $12 million a year starting in 2016 to pay off the bonds to finance a project whose price tag is just below the $250 million FedExForum.
96.
Visible Music College Files $3.2 Million Loan -
Tuesday, September 10, 2013
200 Madison Ave.
Memphis, TN 38103
Loan Amount: $3.2 million
Loan Date: Aug. 30, 2013
Maturity Date:
Borrower: Visible Music College
Lender: Renasant Bank
Details: Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.
97.
Building Permit Filed for Volvo of Memphis -
Tuesday, August 6, 2013
7910 Trinity Road
Cordova, TN 38018
Permit Cost: $2.3 million
Project Cost: $3.5 million
Permit Date: Applied August 2013
Completion: Summer 2014
Owner: Wenco Properties LLC
Tenant: Volvo of Memphis
Architect: Fleming Associates Architects PC
Contractor: Grinder, Taber & Grinder
Details: The ownership group of Volvo of Memphis has filed a $2.3 million building permit for the company’s new dealership at 7910 Trinity Road in Cordova.
98.
Barnhart Buys Industrial Property for Expansion -
Tuesday, July 9, 2013
2085 W. E. Freeman Drive
Memphis, TN 38114
Sale Amount: $2.6 million
Sale Date: June 27, 2013
Buyer: Barnhart Crane and Rigging Co.
99.
Schools Payroll Changed Back As Commission Okays Schools Budget -
Tuesday, June 18, 2013
A week after announcing a change in when Shelby County Schools teachers get paid in the schools merger that begins July 1, interim schools superintendent Dorsey Hopson changed course. The change keeps teachers from the two systems on different pay schedules for the first year of the merger.
100.
James Lee House Owner Files Construction Loan -
Tuesday, June 18, 2013
690 Adams Ave.
Memphis, TN 38105
Loan Amount: $1 million
Loan Date: June 4, 2013
Maturity Date: June 4, 2019