VOL. 120 | NO. 113 | Wednesday, May 31, 2006
Downtown Condo Connection attempts to make condominium market more transparent to everyone
A local Realtor is looking to tap into the rising Downtown condominium market by providing an information center for potential buyers in the 38103 ZIP code.
Olympian Shaun White shreds on his snowboard and musician Eddie Van Halen shreds on his electric guitar, but the hottest form of shredding these days has nothing to do with snowy slopes or rockin' riffs.
Sandra Mays has been appointed the first vice chancellor for public relations for the University of Tennessee Health Science Center. This is the first time the statewide academic health institution has elevated the communications leadership position to the vice chancellor level with a direct report to the chancellor. Before joining UTHSC, Mays was the director of communications, marketing and public relations for the Memphis Housing Authority and its Division of Housing and Community Development.
The Pie Factory condominiums - the most exciting new housing development between New York and Philadelphia streets - currently are being built on Young Avenue in Memphis. These condominiums are being built on the former site of the Keathley Pie Factory, a factory started in the 1940s that produced fried pies and assorted snack foods. The factory flourished through the '50s, '60s and '70s, eventually being sold. Production facilities were then moved elsewhere. The building stayed vacant for several years, fell into disrepair and ultimately became a blight on the neighborhood and home for petty crimes, vagrants and drug dealers. Three years ago, BDJ Partners purchased the property with the objective of turning it into a residential and commercial development. Through use of programs offered by the Memphis and Shelby County Division of Housing and Community Development, the partnership was finally able to turn what had been viewed as a marginal project at best into a viable endeavor. Those programs assisted with the demolition of the old building and some of the infrastructure of the new construction, without which the project would not have proceeded.
For years, the former Keathley Pie Factory building at 2271 Young Ave. in the heart of the Cooper-Young neighborhood sat vacant, attracting vagrants, rodents, the occasional drug dealer - anything but investors and developers. The property was so far-gone, in fact, that the developers who've been working to breathe new life into the site spent years trying to get through the red tape required to put their plans into action. And their work has paid off for the surrounding Midtown community.