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Editorial Results (free)

1. Methodist Le Bonheur Pulls $15.4M Building Permit -

As a part of its master plan, Methodist Le Bonheur Healthcare has filed a $15.4 million building permit application for the foundation of a 440,000-square-foot tower on the Methodist University campus at 1265 Union Ave.

2. Downtown Newcomers Seek Sign Exceptions -

The Downtown Memphis Commission’s Design Review Board will meet next week to discuss some potential changes to the Downtown Memphis skyline.

Both highly touted applicants, Old Dominick Distillery and ServiceMaster, are proposing changes that will alter the visual presence of Downtown. ServiceMaster is proposing a package of 14 signs while Old Dominick is requesting a four-sign package consisting of both permanent and temporary signage.

3. Trump Says He's Leaving Businesses to Avoid Conflicts -

NEW YORK (AP) – President-elect Donald Trump declared Wednesday he will leave his business empire behind to focus on his presidency. But the prospect that he could simply shift more control to three of his adult children looked too cozy to some business-ethics specialists who suggest the arrangement could bring unprecedented conflicts of interest into the Oval Office.

4. Last Word: Mike Conley, Corker at Trump Tower and School Moves -

Remember the Mike Conley face masks of 2015? I’m not sure back braces would have the same effect. The Grizz season took a big turn the day after Monday’s loss to the Hornets as the front office got a better look at Mike Conley’s injury from the game. Conley is out indefinitely for the Grizz with a fractured lower back in what is a turning point for the transformation of the team out of its Grit and Grind years.

5. Methodist Le Bonheur Pulls $15.4M Building Permit -

As a part of its master plan, Methodist Le Bonheur Healthcare has filed a $15.4 million building permit application for the foundation of a 440,000-square-foot tower on the Methodist University campus at 1265 Union Ave.

6. Last Word: Fires In the East, Corker at Trump Tower and The Toll of the Cure -

As our week here began very windy and very rainy with clouds all day Monday, there was a different kind of overcast day unfolding in East Tennessee. And by the time of this post the National Guard was patrolling parts of Gatlinburg and Pigeon Forge where wildfires had forced evacuations of both towns – all of Gatlinburg and Pigeon Forge, according to the city manager of Pigeon Forge.

7. Last Word: Chattanooga's Tragedy, Elvis Presley's Memphis and Chandler Parsons -

A grim Monday in Chattanooga where, as we post this, six school children were killed in a school bus crash and the driver of the bus was charged late Monday with reckless driving and vehicular homicide.

8. Lennox Cos. Raising Its Profile -

When Lennox Cos. was founded in 2014, the upstart apartment management company owned only three properties with 800 units, but a mere 2 ½ years later it manages 18 properties with more than 3,700 units.

9. Transcript: CBU to Transform Campus, Transition to Project-Based Learning -

Christian Brothers University is not only changing the look of its campus at Central Avenue and East Parkway. Leaders of the institution are embarking on the second phase of a $70 million capital campaign that includes plans to “blow up” the university’s department of education to include Crosstown High School and the neighboring Middle College High School, extend internships to all students and to create a new library that is more than “air conditioning for books.”

10. CBU Honors Salinas As Distinguished Young Alumna -

Gabriela “Gabby” Salinas has been named Christian Brothers University’s 2016 Distinguished Young Alumna. Salinas, who was among the honorees at the Bell Tower Gala on Saturday, Nov. 12, graduated from CBU’s biochemistry program in 2011 and went on to earn a microbiology degree from the University of Tennessee Health Science Center. She currently is a pursuing a Ph.D. in immunology and biochemistry at the University of Kentucky.
In addition to her studies and managing her job at St. Jude Children’s Research Hospital, Salinas travels the country advocating the work of St. Jude. She’s also a three-time bone cancer survivor who founded Danny’s Dream Team, a fundraising team of pediatric cancer survivors who now participate in the St. Jude Half Marathon.

11. CBU Campus Expanding in Several Ways -

Christian Brothers University’s campus overhaul includes a new college of education that aims to make the university a major player in the training and development of teachers.

The impact goes beyond the bricks-and-mortar changes coming to the campus starting in 2020 in the second phase of a $70 million capital campaign.

12. The Week Ahead: November 14-20 -

Good morning, Memphis! It’s finally feeling like fall outside – just in time for Graceland to flip with switch on Elvis’ Christmas light display. Plus, we have details on a couple of autumn-themed parties, plenty of basketball, and more to keep you busy in The Week Ahead…

13. Christian Brothers University Rolls Out Second Phase of $70 Million Master Plan -

After raising $42 million of a $70 million capital campaign goal sooner than expected, leaders of Christian Brothers University are embarking on a more aggressive, $28 million second phase that will change the geography of the Fairgrounds-area campus.

14. Local Multifamily Market Continues To Log Higher Sales, Strong Demand -

Multifamily real estate sales have been strong in Memphis for a couple of years, and the 41 transactions posted in the third quarter mark the most recorded in a quarter in two years.

“The multifamily market continues to be very strong and has been the strongest real estate sector for the past several years,” said Mark Fogelman, president of Memphis-based Fogelman Management Group, a national multifamily property management company.

15. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

16. Olymbec Buys Midtown Office Building for $10.2M -

Canada-based Olymbec has purchased a Midtown office building for $10.2 million.

G&I Mid Memphis Tower LLC sold the property to Olymbec USA LLC in an Oct. 5 warranty deed.

17. With New Hire, Broad Avenue Arts Alliance Hits Milestone -

Broad Avenue has in recent years gone from a stretch of empty storefronts broken up by isolated businesses to a vibrant commercial district complete with abundant foot traffic and visitors making frequent trips to coffee shops, restaurants and galleries.

18. Olymbec Makes Midtown Office Purchase -

Canada-based Olymbec has purchased a Midtown office building for $10.2 million.

G&I Mid Memphis Tower LLC sold the property to Olymbec USA LLC in an Oct. 5 warranty deed.

19. Freed-Hardeman University President Retiring -

HENDERSON, Tenn. (AP) – Freed-Hardeman University says president Joe Wiley will retire at the end of this academic year.

20. Events -

2016 VESTA Home Show, hosted by the West Tennessee Home Builders Association, will be held Tuesdays through Sundays from Oct. 8 to Oct. 30, in Ainsley Manor, 50 Abbott Hall Court in Arlington. Tour five homes and see the latest in multigenerational floor plans, innovative interior designs and cutting-edge technology. Tickets are $12 for adults, $10 for seniors and $5 for youths. Visit vestashow.com.

21. Events -

Circuit Playhouse will present the regional premiere of “Sisters of Swing: The Story of the Andrews Sisters” Friday, Oct. 7, through Oct. 30 at 51 S. Cooper St. Visit playhouseonthesquare.org for times and tickets.

22. Events -

ANF Architects will host an opening reception for the 2016 RiverArtsFest Invitational Exhibit on Friday, Oct. 7, from 5:30 p.m. to 8:30 p.m. in ANF’s gallery, 1500 Union Ave. RiverArtsFest posters will be available for purchase for $35. Email elicloud@anfa.com for details.

23. Methodist University Hospital Breaks Ground on $280 Million Expansion -

With a row of hardhats and shovels arranged neatly in front of him, Dr. David Stern reflected Wednesday, Oct. 5, on the significance of the $280 million construction project underway nearby on the campus of Methodist University Hospital.

24. Methodist University Hospital Breaks Ground on Expansion -

Methodist University Hospital breaks ground Wednesday morning, Oct. 5, on its $280 million master campus plan at the corner of Eastmoreland Avenue and Bellevue Boulevard in the Memphis Medical District.

25. Tribune Media Completes Sale of Tribune Tower, Other Assets -

NEW YORK (AP) – Tribune Media has completed the sale of several real estate assets, including the Tribune Tower in Chicago.

The Chicago-based company announced last month that it was selling the 1925 neo-Gothic tower to CIM Group. The sale is part of Tribune Media Co.'s ongoing efforts to sell its entire $1 billion real estate portfolio.

26. U of M Receives State Grant For Clean Energy Project -

The University of Memphis has received a $242,500 Clean Tennessee Energy grant to support a major energy conservation project on campus.

The funding from the Tennessee Department of Environment and Conservation will be used to replace a 330-ton water cooled chiller in the Ned R. McWherter Library with a new high-efficiency chiller and convert the existing cooling tower to variable speed, optimizing the usage patterns of the chiller.

27. Events -

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

28. Belz Preparing Peabody Place for ServiceMaster HQ -

150 Peabody Place

Memphis, TN 38103

Permit Amount: $9.5 million

Project Cost: $27 million overall

29. Belz Pulls $9M Permit to Prepare Peabody Place for ServiceMaster -

Belz Enterprises has taken a major step in the renovation of the shuttered Peabody Place mall into ServiceMaster Global Holdings’ future headquarters.

Contractor Belz Construction Services LLC is seeking a $9.5 million building permit from the city-county Office of Construction Code Enforcement for “core & shell improvement” to the 360,000-square-foot former mall, which has stood empty since it closed to the public in 2012.

30. Events -

Memphis Reads and its partners will host “Salvage the Bones” author Jesmyn Ward for events Wednesday and Thursday, Sept. 28-29. On Wednesday, Ward will give the Memphis Reads public lecture and sign books at 7 p.m. in the Christian Brothers University theater, 650 East Parkway S. On Thursday, she will participate in an open Q&A  at 6 p.m. in Rhodes College’s McCallum Ballroom, 2000 North Parkway. Visit facebook.com/MemphisReads for details.

31. Open and Shut -

The office of the future hacks down cubicle walls in favor of modular furniture that encourages collaboration. As many business sectors, from banking to legal services, move to a tech-first approach, companies are turning away from traditional office configurations to attract the next generation of talent.

32. Events -

160th annual Mid-South Fair & Rodeo will be held Friday, Sept. 23, through Oct. 2 at the Landers Center, 4560 Venture Drive in Southaven. Enjoy midway rides and games, fair food, demonstrations, concerts on two stages, and special fair days with discounted admission and other deals. Visit midsouthfair.com for ticket packets and event schedule.

33. Events -

Talk Shoppe will meet Wednesday, Sept. 21, from 9 a.m. to 10 a.m. at the University of Phoenix’s Memphis campus, 65 Germantown Court, first floor. Juanita Hamilton of the city of Memphis will discuss the city’s down payment assistance programs. Cost is free. Visit talkshoppe.biz or call Jo Garner at 901-482-0354.

34. Events -

Remington College will hold the 3 Lives blood drive for Lifeblood on Tuesday, Sept. 20, from 8 a.m. to 12:30 p.m. at its Memphis campus, 2710 Nonconnah Blvd. The drive is part of a national effort to recruit minority blood donors and help supply local hospitals. Visit 3lives.com.

35. All Monuments Are Grand in Arizona -

By rule it doesn’t rain in the desert. It can’t rain in the desert, right?

Wrong, and when it rains it pours, especially when driving through Arizona’s Painted Desert on our way to the South Rim of the Grand Canyon.

36. Opera Memphis Brings Back 30 Days of Opera -

For Opera Memphis’ fifth anniversary of its “30 Days of Opera” event during September, the organization wanted to borrow a page from people’s Netflix habits and help Memphians literally binge watch the art form.

37. Curb Market to Open in Crosstown Concourse -

Locally owned grocery The Curb Market is returning to its midcentury roots with its plan to locate a new, larger store in Crosstown Concourse.

Curb Market founder Peter Schutt said he named the current store at 596 S. Cooper St. after the original location on Cleveland that he visited as a child.

38. Towers Apartments Sell for $13.5 Million -

An apartment high-rise in the Memphis Medical District has sold for $13.5 million.

Memphis 2192 TN LLC, a company of Millennia Housing Development, purchased the eight-story, 306-unit Memphis Towers apartments from Memphis II LP in an Aug. 19 warranty deed.

39. Memphis Towers Apartments Sell for $13.5 Million -

An apartment high-rise in the Memphis Medical District has sold for $13.5 million.

Memphis 2192 TN LLC, a company of Millennia Housing Development, purchased the eight-story, 306-unit Memphis Towers apartments from Memphis II LP in an Aug. 19 warranty deed.

40. Methodist Signs $12.9M Technology Contract -

Methodist Healthcare has signed a $12.9 million technology contract with Johnson Controls, the North American headquarters of which is in Milwaukee, to help modernize Methodist University Hospital, the system’s flagship.

41. Cossitt Series Kicks Off With 1980s Games, Films -

The city’s first public library is not closed. It’s something Memphis Public Library director Keenon McCloy has to keep telling people. And she’s taking steps to do more than just show the Cossitt Library is open, including fielding and testing out ideas for the second floor of the library.

42. Methodist Signs $12.9M Technology Contract -

Methodist Healthcare has signed a $12.9 million technology contract with Johnson Controls, the North American headquarters of which is in Milwaukee, to help modernize Methodist University Hospital, the system’s flagship.

43. Events -

Sales & Marketing Society of the Mid-South will host a networking happy hour Thursday, Aug. 25, from 4 p.m. to 6 p.m. at the DoubleTree hotel, 5069 Sanderlin Ave. Cost is free; cash bar provided. Visit sms-midsouth.org.

44. U of M Receives $242,500 Clean Energy Grant -

The University of Memphis has been selected to receive a Clean Tennessee Energy Grant of $242,500 for enhancements at the Ned R. McWherter Library.

The project will consist of replacing a 330-ton, water-cooled chiller with a new variable-speed, high-efficiency chiller and a conversion of the existing cooling tower to variable speed at the library. The current chiller operates 24 hours a day, seven days a week; the new system will provide significant energy and cost savings.

45. Downtown Office Market Picking Up, Industrial Market Could Get Hotter -

Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.

The quarter was dominated by ServiceMaster Global Holdings’ announcement that it was moving its headquarters from East Memphis to the shuttered Peabody Place mall. The home services and tech company will transform the former mall into a $27 million, Class A office building.

46. U of M Receives $242,500 Clean Tennessee Energy Grant -

The University of Memphis has been selected to receive a Clean Tennessee Energy Grant of $242,500 for enhancements at the Ned R. McWherter Library.

The project will consist of replacing a 330-ton, water-cooled chiller with a new variable-speed, high-efficiency chiller and a conversion of the existing cooling tower to variable speed at the library. The current chiller operates 24 hours a day, seven days a week; the new system will provide significant energy and cost savings.

47. Largest Multifamily Sale Takes Place for $39.1M -

8285 Irene Blvd.
Memphis 38125

Sale Amount: $39.1 million

Sale Date: Aug. 5, 2016

Buyer: WDC Greens Investment LLC and MEM Greens at Irene LLC

48. ‘Difficult Year’ Leads To One Beale Delay -

The pair of skyscrapers meant for the corner of Beale Street and Riverside Drive have hit a few roadblocks, but Chase Carlisle hopes that construction will begin on the One Beale project within a year.

49. Hyde Capital Pays $15.4M For 3 Midtown Properties -

New York-based Hyde Capital has purchased three Midtown properties for a combined $15.4 million.

Rosecrest LLC, a company of Hyde Capital, purchased the Rosecrest Apartments from Northland Rosecrest LLC for $8.5 million in an Aug. 5 warranty deed.

50. Hyde Capital Pays $15.4M For 3 Midtown Properties -

New York-based Hyde Capital has purchased three Midtown properties for a combined $15.4 million.

Rosecrest LLC, a company of Hyde Capital, purchased the Rosecrest Apartments from Northland Rosecrest LLC for $8.5 million in an Aug. 5 warranty deed.

51. Church Health YMCA Planned for Crosstown -

The YMCA will open its 11th Memphis-area branch in Crosstown Concourse in partnership with the Church Health Center.

“(The Church Health YMCA) is maybe one of the most exciting things we have done, said Keith Johnson, president and CEO of the YMCA of Memphis & the Mid-South.

52. Last Word: Curry Todd, Crosstown Brewing and Cursive Comeback -

A word at the top of Last Word about campaign signs and what happens to some of them during a campaign.

There are a couple of sayings – bits of political wisdom by the judgment of some – that are uttered numerous times during every election season.

53. First Tennessee Consolidating Real Estate -

First Tennessee Bank is renovating and restructuring three of its Memphis properties in a project totaling upwards of $62 million.

54. Last Word: Spec In East Memphis, Bike Share Test and Gannett Earnings -

Pinnacle Financial is the anchor for the first Class A spec office space in Memphis in just about a decade.

Madeline Faber breaking the Boyle lease news for the $20-million office tower at 949 S. Shady Grove Road. This is what office-space developers have been talking about for quite some time and as more time passed there was apprehension about the window for spec office space running out.

55. Pinnacle Financial to Anchor Boyle’s Building -

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

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

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

57. Events -

Southwest Tennessee Community College will hold an open house for those interested in pursuing a technology career path Thursday, July 28, from 10 a.m. to noon in the Fulton Building Auditorium, room 400, on the Macon Cove campus, 5983 Macon Cove. Tours will be given of state-of-the-art technology labs and new tech equipment, and attendees can explore associate degrees and technical certificates. Contact Susan Wilson at scwilson@southwest.tn.edu or 901-333-4031 for details.

58. New Center to Capitalize on Strong Retail Demand -

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

59. Last Word: Corker Out, The Madison Changes Hands and Blockchain -

Corker out… at least as a Vice Presidential nominee. It sounds like U.S. Senator Bob Corker of Tennessee broke the news to Trump during the Tuesday meeting at Trump Tower but before appearing with Trump at a campaign stop in North Carolina.

60. Bridge Builders Creating Leaders One Cohort at a Time -

In the High Adventure Hall in the Bridges Center on North Fifth Street, more than 150 seventh- and eighth-graders, organized in groups designated by team-colored T-shirts, are collectively and enthusiastically practicing the Bridge Builders pledge:

61. Events -

Shelby County Juvenile Court’s Juvenile Detention Alternative Initiative, in partnership with the Annie E. Casey Foundation, will hold a juvenile justice summit Thursday, June 30, from 9 a.m. to 2 p.m. at The Gathering Place in Hickory Ridge Mall, 6075 Winchester Road. The summit aims to bring awareness to Shelby County juvenile reform efforts and encourage citizens to participate in them. James Bell, founder and executive director of the W. Haywood Burns Institute for Juvenile Justice Fairness and Equality, will present the keynote. Cost is free. For details, email kimbrell.owens@shelbycountytn.gov or call 901-222-0902.

62. Memphis International Raceway Readies for World Series of Drag Racing -

No one is suggesting that Memphis International Raceway will duplicate the economic impact numbers generated by the Bristol Motor Speedway. For those numbers – more than $417 million in direct economic impact from 2012 to 2014 – are otherworldly.

63. Events -

Talk Shoppe will meet Wednesday, June 29, from 9 a.m. to 10 a.m. at the University of Phoenix–Memphis Campus, 65 Germantown Court, first floor. The topic is The MasterMind Principle, based on the book “Think and Grow Rich” by Napoleon Hill. Cost is free. Visit talkshoppe.biz.

64. ServiceMaster Plans Different Second Street Look -

Memphis-based ServiceMaster Global Holdings Inc. and its landlord, Belz Enterprises, plan to remove the pedestrian skybridge into the Peabody Place development that crosses over Second Street. And the plans call for adding more than 50 new windows to the second and third level surfaces on the Second Street side of the mall.

65. Events -

Rochelle Stevens, Olympic gold medalist and author of “Travel the World by Foot,” will visit two Memphis library branches this week. Adult library customers can meet Stevens on Monday, June 27, from 10:30 a.m. to 11:30 a.m. at the Hollywood library, 1530 N. Hollywood St. Children can meet her Tuesday, June 28, from 10:30 a.m. to 11:30 a.m. at the East Shelby library, 7200 E. Shelby Drive. Visit memphislibrary.org.

66. Events -

Rochelle Stevens, Olympic gold medalist and author of “Travel the World by Foot,” will visit two Memphis library branches this week. Adult library customers can meet Stevens on Monday, June 27, from 10:30 a.m. to 11:30 a.m. at the Hollywood library, 1530 N. Hollywood St. Children can meet her Tuesday, June 28, from 10:30 a.m. to 11:30 a.m. at the East Shelby library, 7200 E. Shelby Drive. Visit memphislibrary.org.

67. Events -

The Booksellers at Laurelwood will host “100 Things to Do in Memphis Before You Die” author Samantha Crespo for a discussion and signing, along with the kickoff of Booksellers’ 100 Things in the 901 Contest, on Saturday, June 25, at 2 p.m. at 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com for details.

68. Events -

David Lusk Gallery will host an opening reception for Tim Crowder’s “Accumulator” and Kelly S. Williams’ “The Playbook” on Friday, June 24, from 6 p.m. to 8 p.m. at the gallery, 97 Tillman St. Visit davidluskgallery.com.

69. Overton Square Atrium Has New Operator -

On a Friday morning, the Atrium in Overton Square may host a corporate meeting, with a wedding planned for that same night.

As the event venue’s new operator, CFY Catering will manage event bookings, planning, preparation and of course, the food.

70. NexAir Signs Lease for New HQ at Crosstown Concourse -

495 N. Watkins St.
Memphis, TN 38104
Details: Crosstown Concourse has signed another tenant. Memphis-based nexAir, one of the largest distributors of atmospheric gases and welding supplies in the U.S., will lease 33,000 square feet at the mixed-use tower.

71. Last Word: Budget No Go, Largest Home Sale of 2016 and Crosstown Moves -

The Shelby County Commission probably has enough votes to approve the funding in the county budget the Shelby County Schools system wants, which includes $24.7 million on new funding.

Yet after about four hours of discussion, the commission didn’t take votes on any budget resolutions or the county property tax rate resolution Monday.

72. NexAir to Move to Crosstown Concourse -

Crosstown Concourse has signed another tenant. Memphis-based nexAir, one of the largest distributors of atmospheric gases and welding supplies in the U.S., will lease 33,000 square feet at the mixed-use tower.

73. NexAir to Move to Crosstown Concourse -

Crosstown Concourse has signed another tenant. nexAir, one of the largest distributors of atmospheric gases and welding supplies in the U.S., will lease 33,000 square feet at the mixed-use tower.

NexAir will leave its headquarters on Corporate Avenue to become the largest for-profit tenant at the Crosstown Concourse building. Construction on nexAir’s tenant space is already underway, and the company plans to move its 65 corporate employees into the new headquarters in spring 2017. NexAir’s fill plants, distribution centers and retail stores will not be affected by the move.

74. U of M Music Building to Get Mechanical Update -

The University of Memphis is preparing some mechanical upgrades to its 50-year-old music building.

A $3.4 million building permit application filed with the city-county Office of Construction Code Enforcement calls for a “mechanical modernization” of the music building at 3775 Central Ave., which houses the Rudi E. Scheidt School of Music, Harris Concert Hall and other related offices and classrooms.

75. Designers Transform Old Sears Tower, Maintain Its Character -

When it opens in January 2017, the Crosstown Concourse building will place users in the medical, educational and arts professions side-by-side in a 1.5-million-square-foot building.

The developers’ vision for the project is that through cohabitation, different sectors will inspire collaboration and creativity across seemingly disparate operations. That vision translates into the building’s design, which emphasizes community spaces with tenants sharing entrances and even rented space.

76. Collierville FedEx Center Getting $12.7 Million Renovation -

3860 S. Forest Hill-Irene Road
Collierville, TN 38125
Permit Amount: $12.7 million

Owner: FedEx Corp.
Tenant: FedEx Corp.
Contractor: Grinder & Haizlip Construction
Details: Contractor Grinder & Haizlip Construction has filed a $12.7 million building permit for renovations at the FedEx World Technology Center in Collierville.
In January, the Collierville Board of Mayor and Aldermen ratified a 20-year payment-in-lieu-of-taxes incentive package for the FedEx center at 3860 S. Forest Hill-Irene Road.
A term of the PILOT agreement is that FedEx has to invest $40 million in real property and personal property upgrades.
The FedEx World Technology Center has been an economic driver for the city since its 16-acre campus opened in 1998. Currently, the tech hub is the largest employer in Collierville, with 2,500 total workers and a capacity for 3,200.

77. U of M Music Building to Get Mechanical Update -

The University of Memphis is preparing some mechanical upgrades to its 50-year-old music building.

A $3.4 million building permit application filed with the city-county Office of Construction Code Enforcement calls for a “mechanical modernization” of the music building at 3775 Central Ave., which houses the Rudi E. Scheidt School of Music, Harris Concert Hall and other related offices and classrooms.

78. Crosstown High Organizers Prepare Charter Application as One Option -

The organizers of a Crosstown High School expect to take their application for a charter school to the Shelby County Schools board at the end of June.

Christian Brothers University president John Smarrelli said the still evolving purpose and structure of the school is as a “contract school” in the Shelby County Schools system.

79. Show Time -

For the first time in years, the Peabody Place mall was packed. On June 3, hundreds of ServiceMaster employees and a handful of business and government leaders ushered in One ServiceMaster Center, a multimillion-dollar headquarters for Memphis’ fourth-largest public company.

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

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

81. Events -

West Tennessee Home Builders Association will bring back the Mid-South Parade of Homes on select days from Friday, June 10, through June 26. Twenty-two homes across the Mid-South will be showcased. Tickets are free at Siano Appliance Distributors and Regions Bank locations, Visit midsouthparade.com.

82. Oyler Brings German Efficiency to Memphis Transportation -

Urban planners are born, not made. At least, that’s how it was with Nicholas Oyler. From the time he was in middle school, he couldn’t stop thinking about how cities work.

“I was always doodling skyscrapers,” Oyler recalls. “I remember thinking, ‘Why doesn’t Memphis have more of them? And what can we do to get more?’”

83. Last Word: A Different Aftermath and Trolleys Aren't Just for Tourists -

A week that will likely end with the funeral of a Memphis Police officer began with a discussion about violent crime that is even at this early point proving to be different from the past discussions we’ve had at times like these.

84. ServiceMaster Disrupting Its Culture With Move Downtown -

ServiceMaster is converting Peabody Place into a corporate headquarters that would rival a Silicon Valley tech outfit.

On Friday, June 3, ServiceMaster laid to rest months of speculation about whether the company would relocate to a larger city like Atlanta or Dallas. Memphis’ available Class A office space can’t currently accommodate ServiceMaster’s needs, so it looked to the retail sector for its new home.

85. ServiceMaster Picks Peabody Place For New HQ -

It's Peabody Place for the new ServiceMaster headquarters. According to multiple sources, Memphis-based ServiceMaster will consolidate its operations and move into Peabody Place Downtown.

The formal announcement is expected Friday, June 3, at noon.

86. Accounting Firm Marks Centennial With 100 Days of Giving -

Accounting firm Reynolds Bone & Griesbeck is turning 100 years old. Knowing it owes that longevity to support from local organizations, it is giving back to local charities for 100 consecutive days.

87. Wal-Mart Testing Drones in Warehouses to Manage Inventory -

BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. is testing drones that it says will help it manage its warehouse inventory more efficiently, and which it said Thursday could be rolled out in the next six to nine months across its distribution centers.

88. Last Word: South Main and Main, More Wheel Tax Mileage and City Hall Shark Tank -

When we talk about South Main these days and all that is happening in that area, we aren’t talking about Main Street Memphis further south of that, even though it’s the same road.

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

4572 Poplar Ave.
Memphis, TN 38117

Permit Amount: $10.5 million

Project Cost: $15.5 million

Completion: Fall 2017

90. DMC Wants to Connect Successful South End to South City -

For the past 15 years, the Downtown Memphis Commission has concentrated its development efforts in the South Main area. The fruits of that labor, which turned an abandoned stretch of Main Street into a blossoming haven for retail and restaurants, is spilling over onto South Front Street.

91. Clark Tower Undergoing $1.2M Lobby Renovation -

Clark Tower’s lobby is getting a facelift.

Dan Walker Associates Inc. recently filed a $1.2 million building permit for “existing first floor lobby renovation” at the East Memphis tower.

92. Methodist Gets Approval For Hospital Modernization -

The Tennessee Health Services and Development Agency has approved the certificate of need filed by Methodist Healthcare for the $280 million modernization of Methodist University Hospital, the Methodist system’s flagship.

93. Available Class-A Office Space Scarce in Memphis -

ServiceMaster is looking to relocate its headquarters into a Class A office building, and Memphis just doesn’t have room.

“For the past two years, we’ve been using those phrases,” said Ron Kastner, senior vice president with CBRE.

94. Methodist Gets Approval For Hospital Modernization -

The Tennessee Health Services and Development Agency has approved the certificate of need filed by Methodist Healthcare for the $280 million modernization of Methodist University Hospital, the Methodist system’s flagship.

95. Events -

Goodwill Austin Peay Job Center will hold a job fair Thursday, May 26, from 9 a.m. to 1 p.m. at 3830 Austin Peay Highway. Local companies that are actively seeking workers in a variety of employment options will be on hand. Visit goodwillmemphis.org/jobcenter for details. 

96. Events -

Goodwill Austin Peay Job Center will hold a job fair Thursday, May 26, from 9 a.m. to 1 p.m. at 3830 Austin Peay Highway. Local companies that are actively seeking workers in a variety of employment options will be on hand. Visit goodwillmemphis.org/jobcenter for details. 

97. Trump Meets With Sen. Bob Corker in New York -

NEW YORK (AP) – Presumptive Republican presidential nominee Donald Trump met with Bob Corker in New York on Monday, intensifying speculation that the U.S. senator from Tennessee may be on Trump's vice presidential shortlist.

98. Events -

Start Co. will offer small-business mentoring sessions Tuesday, May 24, from 2 p.m. to 6 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. This free program offers one-on-one counseling about starting or managing a small business. Visit memphislibrary.org for details.

99. Last Word: Graduation Day, St. Jude's New Office Tower and Another Bike Map -

The chances are pretty good that you encountered someone in a cap and gown this weekend.

It is graduation season and Shelby County Schools kicked it off Saturday with 14 high school graduations – that’s in one day.

100. Events -

Memphis Public Library will hold its mobile vet center, which provides weekly readjustment counseling services to combat veterans, on Monday, May 23, from 10 a.m. to 3 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. Visit memphislibrary.org.