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VOL. 118 | NO. 83 | Wednesday, May 12, 2004

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Four Local Builders

Humphreys Property

Purchased for $20 Million

G&I IV Wolf River has purchased property on North Humphreys Boulevard from WR Apartments for $20 million, according to The Daily News Public Records Database, www.memphisdailynews.com. The purchase was financed for $14 million through Prudential Insurance Co. of America.

 

Four Local Builders

to Participate in Vesta

The Memphis Area Home Builders Association has announced that four builders will participate in this years Vesta Home Show, set for Oct. 2-17 in Germantowns Devonshire Gardens neighborhood. The builders are David Streeter Construction LLC, Nesta Custom Homes Inc., McWaters Construction Co. and Fischer Construction Co. LLC.

 

CCDC Subcommittee

to Discuss Main Street

The Center City Development Corp.s Main Street subcommittee will discuss a development proposal for 94 S. Main St. at a special meeting set for 11 a.m. today at 114 N. Main St. Other Main Street projects, including the Perez Building development, also will be discussed.

 

UHI Partnership Completes

Phase in Revitalization Project

United Housing Inc., which has completed 40 new homes in the revitalized College Park community, formerly LeMoyne Gardens, now is preparing to offer homebuyer education counseling to prospective buyers. The courses are part of a UHI partnership with the city and Hyman Builders Supply Inc., which built the homes.

 

Labor Department Reports

Rise in Job Openings, Hires

The U.S. Department of Labor reported Tuesday that job openings rose 5.7 percent in March to 3.072 million. The hire rate, or number of hires in the month divided by employment, rose to 3.5 percent in March from 3.2 percent in February.

 

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 133 1,342
MORTGAGES 0 131 1,047
FORECLOSURE NOTICES 20 39 190
BUILDING PERMITS 0 305 3,056
BANKRUPTCIES 17 135 753
BUSINESS LICENSES 0 53 329
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0