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VOL. 120 | NO. 113 | Wednesday, May 31, 2006

Connecting Buyers and Sellers

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.

Shred Shop Promotes Security by Destroying Sensitive Documents

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.

Mays Rises to Public Relations Vice Chancellor Post at UT Health Science Center

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.

Local Weather
Currently
Memphis, TN
46.0°F
A Few Clouds
Wind: South at 5.8 mph
Humidity: 56%

EVENTS

The Memphis Bioworks Development Council meets today from 11:30 a.m. to 2 p.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Cost is $20. Call 543-3570 for more information.

more events »

Our Piece of the Pie

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.

From Blight To Bright

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.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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The Memphis News: Business, politics, and the public interest.