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VOL. 132 | NO. 76 | Monday, April 17, 2017

GMACW To Merge With EDGE

The Greater Memphis Alliance for a Competitive Workforce would become part of the Economic Development Growth Engine organization in a proposal the EDGE board is to vote on Wednesday, April 19.

Game 1 Suggests Grizzlies Don’t Have Enough to Compete for 48 Minutes

The Grizzlies can win a quarter. They won the first quarter in Game 1 of their playoff series at San Antonio. Even led by as many as 13 points before carrying a 30-25 lead into the second quarter.

Guest Column: Defining the Basics – Bike Lane Expansion

Editor’s note: Voice your opinion on Memphis’ proposed repaving and bike lane by taking the city’s online survey by 11:59 p.m. Monday, April 17.

The Week Ahead: April 17-23

Happy Monday, Memphis! You’ve got plenty of reasons to celebrate this week: The Grizzlies are in the NBA Playoffs, the Africa in April festival is back, and the area is getting greener with both a park and a greenway opening. Check out the rest of our top picks in The Week Ahead…

Methodist South Prepares for ICU Renovations

After embarking on a major expansion of its emergency department – one of the busiest in Memphis – Methodist South in Whitehaven is preparing to launch another significant renovation project.

Local Weather
Currently
Memphis, TN
88.0°F
Mostly Cloudy
Wind: South at 10.4 mph
Humidity: 70%

EVENTS

Shelby County Real Estate Road Show, co-sponsored by Shelby County Trustee David Lenoir and Chandler Reports, will be held Monday, April 17, from 5:30 p.m. to 6:30 p.m. at Memphis Botanic Garden, 750 Cherry Road. Learn about the county’s tax sale process and anti-blight initiative, as well as how to bid on commercial, industrial and residential properties through the Civic Source online system. Cost is free. Register at rersmemphis42017.eventbrite.com or email kwhitaker@shelbycountytrustee.com.

more events »

Voting Selfie Bill Sailed Through State Senate

NASHVILLE – Legislation stemming from the infamous voting-booth selfie by pop star Justin Timberlake sailed through the Senate on Thursday, April 13.

Memphis Looks to Detroit’s Riverfront for Inspiration

In a lot of ways Memphis and Detroit are kindred spirits. Both cities have similar populations, demographics, soul-laced musical legacies and are both looking to rebuild their economies after getting hammered by the recession.

Last Word: Gasol on Gasol, Detroit's Riverfront and Governor's Race Shifts

Gasol on Gasol in San Antonio this Easter weekend where the Spurs ran away with game one Saturday of the first round playoff matchup 111 – 82. Game 2 and vengeance is Monday in San Antonio with a Thursday evening game on Beale.

Commission Moves Closer to Budget Season

Shelby County commissioners aren’t at budget season just yet, but there are already indications that it is going to be about capital spending.

Racist Phone Tirade Prompts Reactions, Denials

A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.

THE MEMPHIS NEWS

Tax Man Cometh

Commercial property owners brace for valuation increases

After years of lagging behind other parts of the county, Memphis’ real estate market is finally coming into its own. But with a strong market comes an increase in property values, which in turn leads to higher taxes.

Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

Editorial: Property Reappraisals Soar After Recession

Shelby County’s most recent property reappraisals have caused a lot of sticker shock. Residential property values have risen an average of 10 to 13 percent countywide, and some homeowners have even seen increases of 25 or 30 percent in the taxable value of their homestead.

April 14-20, 2017: This week in Memphis history

1960: The Chicago White Sox and Cleveland Indians play an exhibition baseball game at Russwood Park. In the sixth inning, Cleveland star Rocky Colavito walked. Indians manager Joe Gordon calls Colavito, the most popular baseball player in Cleveland, to the dugout from first base and tells him he has been traded to Detroit. That night, the wooden ballpark that had been the home for decades of first the Memphis Turtles and then the Memphis Chicks baseball teams burns to the ground.

LAST WEEK'S MOST POPULAR

Tennessee Titans Have Rarely Found Success With Drafted SEC Players

The NFL Draft is fast approaching, which raises an interesting question: Is this the year the Titans finally shop locally and target Southeastern Conference talent?

Chase Carlisle Leaving One Beale Development Firm

Chase Carlisle is leaving his role as director of real estate and development for Carlisle Corp., the Memphis-based firm behind the Hotel Chisca redevelopment and proposed One Beale project.

Council Brokers New Zoo Parking Compromise, Abolishes Beale Authority

The Memphis City Council went back into the terms for an expanded Memphis Zoo parking lot Tuesday, April 11, just nine months after brokering and approving a compromise on the project between the zoo and the Overton Park Conservancy.

Lenoir Calls for Property Tax Cut Beyond New Certified Tax Rate From Reappraisal

Shelby County Trustee David Lenoir says there should be a cut in the county property tax rate beyond the new certified property tax rate to be set as a result of the 2017 countywide property reappraisal.

Summer Pop-Up Park Planned for Riverfront

Following the popularity of this past winter’s Fourth Bluff Ice Rink, organizers announced they will launch a new temporary public gathering and recreation space at Mississippi River Park this summer.

STATEWIDE

Federal Judge Signs Order Halting 2 Tennessee Abortion Laws

NASHVILLE, Tenn. (AP) – A federal judge has signed an order halting the enforcement of two abortion restrictions in Tennessee that are similar to Texas laws struck down by the U.S. Supreme Court.

Gas Tax, Health Care Complicate Tennessee Governor's Race

NASHVILLE, Tenn. (AP) – The repeal of former President Barack Obama's health care law was supposed to provide a springboard for U.S. Rep. Diane Black's entry into the Tennessee governor's race.

REGIONAL NEWS

Arkansas' Multiple Execution Plan Appearing to Unravel

LITTLE ROCK, Ark. (AP) – Arkansas' already compromised plan to execute eight men by the end of the month appeared to unravel Friday, with a judge blocking the use of a lethal injection drug and the state's highest court granting a stay to one of the first inmates who had been scheduled to die.

AIRLINES

Delta OKs Offers of Up to $9,950 to Flyers Who Give Up Seats

Delta is letting employees offer customers nearly $10,000 in compensation to give up seats on overbooked flights, hoping to avoid an uproar like the one that erupted at United after a passenger was dragged off a jet.

HEALTH CARE

How Trump Insurance Changes Could Affect Coverage Next Year

A much tighter sign-up deadline and coverage delays will be waiting for some health insurance customers now that President Donald Trump's administration has finished a plan designed to stabilize shaky insurance markets.

CONSUMER NEWS

Deadline for Filing Tax Returns is Tuesday This Year

WASHINGTON (AP) – Hey, procrastinators: Don't freak out if you haven't finished your taxes. The IRS is giving you a reprieve until Tuesday.

Viking Range to Pay $4.7M Fine Over Self-Starting Ovens

JACKSON, Miss. (AP) – A Mississippi appliance maker has agreed to pay a $4.7 million federal fine for not reporting that certain ovens in freestanding gas ranges could turn on by themselves, with customers then sometimes unable to turn them off.

TECHNOLOGY

The iPhone of Cars? Apple Enters Self-Driving Car Race

SAN FRANCISCO (AP) – Apple is joining the fiercely competitive race to design self-driving cars, raising the possibility that a company that has already re-shaped culture with its iPhone may try to transform transportation, too.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 342 10,184
MORTGAGES 73 374 11,888
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 139 755 21,724
BANKRUPTCIES 59 235 7,045
BUSINESS LICENSES 33 112 3,581
UTILITY CONNECTIONS 41 222 7,664
MARRIAGE LICENSES 14 89 2,552

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