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VOL. 131 | NO. 30 | Thursday, February 11, 2016

Mixed-Use Development at Shelby Farms Moves Forward

The Land Use Control Board has approved initial outlines for a 57-acre planned development north of Shelby Farms Park.

OneJet Chooses Pittsburgh Over Memphis

OneJet has announced its second focus city, and Memphis didn’t make the cut.

McMullen Takes on Public Sector Challenges as City’s Legal Chief

Bruce McMullen remembers his hometown of Sparta, Georgia, as small, about 3,000 people.

Shelby County Home Sales Slow in January

After closing out 2015 on a high note, Shelby County home sales are off to a slow start this year.

Mortgage Market Sees Small January Dip

Shelby County’s mortgage market kicked off 2016 reflecting a bit of the backwards step other sectors of the economy, such as the stock market, have taken in recent weeks.

Local Weather
Currently
Memphis, TN
82.0°F
Partly Cloudy
Wind: South at 4.6 mph
Humidity: 79%

EVENTS

Crosstown Arts and The Booksellers at Laurelwood will host a discussion and signing with Ed Tarkington, author of “Only Love Can Break Your Heart,” Thursday, Feb. 11, at 6 p.m. at Crosstown Arts’ Story Booth, 438 N. Cleveland St. Visit thebooksellersatlaurelwood.com.

more events »

Last Word: The First Surrogate, Parkside at Shelby Farms and Manilow Memories

Here they come, fresh from Iowa and New Hampshire – first the surrogates and in the next two weeks the Presidential contenders themselves.

MATA Changes Target Frayser and Southeast Memphis

The public’s first chance to comment Tuesday, Feb. 9, on a set of 35 interim changes to Memphis’ bus schedule sounded like an auction.

Former President Clinton to Campaign in Whitehaven

Former President Bill Clinton will be in Memphis Thursday, Feb. 11, to campaign for his wife, Democratic presidential contender and former Secretary of State Hillary Clinton.

Gasol Just Did What We Really Wanted – Played

We want our pro athletes tough and, if possible, indestructible. Makes us feel like they’re actually entitled to their millions. It works out well for everyone. Player wins. Team wins. Fans win.

Parkside at Shelby Farms Proposal Goes to LUCB

A plan to build three mixed-use apartment towers and garden apartments on the northern border of Shelby Farms Park goes to the Land Use Control Board Thursday, Feb. 11.

REAL ESTATE RECAP

Medical Center Apartments Sell for $9.7 Million

810 Washington Ave., Memphis, TN 38105 -
An apartment complex in the Memphis Medical Center has sold for $9.7 million.

LOCAL COLUMNISTS

Focus On Qualities When Hiring Leaders

If you know what you’re searching for, then look where you’re most likely to find it. That sounds too simple to be good advice, but it is.

Show Me the Bread – Two Slices, Please

“Dictionaries are mazes in which judges are soon lost.” Thus said Judge Richard Posner (7th Circuit Court of Appeals) in a review of “Reading Law: The Interpretation of Legal Texts” by Justice Antonin Scalia and legal lexicographer Bryan Garner.

Teachers Wary of Haslam’s Push For Increased Pay

Pushing a budget with more than $100 million for K-12 teacher pay raises, Gov. Bill Haslam says Tennessee is taking education to new levels by raising standards, linking teacher evaluations to student performance and expanding education options.

STATEWIDE

Jack Daniel Distillery Announces $140 Million Expansion

NASHVILLE, Tenn. (AP) — Gov. Bill Haslam has announced that the historic Jack Daniel Distillery is planning a $140 million expansion project to help meet global demand for prized Tennessee Whiskey.

US ECONOMY

Yellen: Persistent Economic Weakness Could Slow Rate Hikes

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy's growth and slow the pace of Fed interest rate hikes.

NATIONAL BUSINESS

Burger King's Next Conquest: Hot Dog King

NEW YORK (AP) — Burger King is looking for a new crown: Hot Dog King.

NATIONAL GOVERNMENT

Federal Budget in Black for January

WASHINGTON (AP) — The federal government recorded a budget surplus in January of $55.2 billion, helped by a timing quirk that shifted benefit payments to December.

TECHNOLOGY

Computer As Driver? 'Yes' From Feds Boosts Self-Driving Cars

DETROIT (AP) — Computers that control cars of the future can be considered drivers just like humans, the federal government's highway safety agency has decided.

Twitter Tweaks its Timeline in Pursuit of More Users

SAN FRANCISCO (AP) — Twitter is tweaking the way that tweets appear in its users' timelines in its latest attempt to broaden the appeal of its messaging service.

Parkside at Shelby Farms Proposal Goes to LUCB

A plan to build three mixed-use apartment towers and garden apartments on the northern border of Shelby Farms Park goes to the Land Use Control Board Thursday, Feb. 11.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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