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VOL. 132 | NO. 198 | Thursday, October 5, 2017

Amazon Planning Memphis Distribution Center, Sources Say

Memphis is poised to land a massive Amazon distribution facility just north of the state line in Southeast Shelby County, according to multiple sources familiar with the project.

Outdoors Retailer REI Planning First Memphis Store

Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

Chamber Weighs In On Confederate Monuments Effort

The Greater Memphis Chamber is mobilizing support for Memphis Mayor Jim Strickland’s request for a state waiver to allow the city to remove the statue of Nathan Bedford Forrest in Health Sciences Park.

Brooks Museum Eyes Downtown Fire Station Site

The city fire station at Union Avenue and Front Street and the adjacent parking garage appears to be under consideration as the new site for the Memphis Brooks Museum of Art, according to a source close to the situation who did not want to be identified by The Daily News.

Memphis Readies Red Carpet to Land Amazon

With 50,000 jobs and $5 billion in capital expenditures at stake, it stands to reason that cities hoping to land Amazon.com’s second U.S. headquarters will do whatever it takes to close the “once-in-a-lifetime” deal.

Local Weather
Currently
Memphis, TN
52.0°F
Fair and Breezy
Wind: from the Southwest at 21.9 gusting to 26.5 mph
Humidity: 32%

EVENTS

The fourth annual Taste of Cooper-Young will be held Thursday, Oct. 5, at 5:30 p.m. on the street in front of First Congregational Church, 1000 S. Cooper St. The event will feature tastings at a dozen popular Cooper-Young restaurants, a silent auction and live entertainment. Tickets are $50. Visit tasteofcooperyoung.org.

more events »

Profound Effect

High school idea to support literacy takes on life of its own

The life of a college basketball walk-on tends to be an uneven equation. All those hours of practice, day after day after day. In return, precious minutes on game nights. Well, every few weeks.

Harris In Race For County Mayor, Exiting State Senate

State Senator Lee Harris is running for Shelby County Mayor starting with the May Democratic primary and he will not seek re-election to the Senate.

Last Word: Bonus For the Head Tiger, Brooks Downtown? and Harris Runs

A $100,000 bonus from the University of Memphis board of trustees for U of M president David Rudd at Wednesday’s trustees meeting. The bonus is from private funds raised by the university foundation. The board also approved a paid parental leave policy – specifically the funding for that policy. And it reviewed scaled-back plans for the $30 million new rec center for students that will incorporate some of the existing rec center.

Two Midtown Projects Apply for Tax Incentives

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

Harris Talks ‘Radical’ Action on Confederate Monuments to Build Pressure

City Council attorney Allan Wade says Memphis Mayor Jim Strickland’s administration and the council are not “in different places” when it comes to removing Confederate monuments from city parks.

CBRE to Handle Leasing for Southwind Office Center

Group RMC Corp., the new owners of Southwind Office Center, have tapped CBRE’s Ron Kastner and Patrick Reilly to handle leasing services for the recently acquired asset.

FDIC Report Shows Top Memphis Banks

With a few exceptions, the Top 10 banks in the Memphis metro area as ranked by deposits by the Federal Deposit Insurance Corp. in its latest annual report hasn’t changed much this time around.

BEALE STREET

Beale Street Cover Charge Issue Returns to Life

In two weeks, a move to scrap any Beale Street cover charge is going to collide with a recommendation from a Beale Street Task Force to keep it in some form.

VIEW FROM THE HILL

State Politicians in No Hurry to Fix Health Insurance

We don’t need no stinkin’ special session on Medicaid expansion.

LOCAL COLUMNISTS

Jump Around With The Fans In Madison

Weather makes all the difference in making a destination a memorable or miserable experience. Chalk fall up as a fantastic time to visit Wisconsin.

STATEWIDE

Tennessee Chemical Plant Explosion Spurs Shelter Advisory

KINGSPORT, Tenn. (AP) – A chemical plant explosion in Tennessee has spurred a shelter-in-place advisory, though no injuries were reported.

Haslam Headed on Asia Trade Mission as Senate Decision Looms

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam is headed on trade mission to Asia next week to pitch companies in Japan and South Korea about investment opportunities in Tennessee.

National Park Trail in Deadly 2016 Tennessee Fire to Reopen

GATLINBURG, Tenn. (AP) – A national park trail where a remote fire started and skipped miles to contribute to a deadly blaze in Tennessee last year is largely reopening.

Tennessee Company Buys Mississippi Boat Maker for $80M

AMORY, Miss. (AP) – A Tennessee company has bought a fellow boat maker in Mississippi to broaden its product line.

NATIONAL BUSINESS

Amazon to Expand in Seattle With Big Downtown Tower

SEATTLE (AP) – Amazon has agreed to a big expansion in Seattle, less than a month after the e-commerce giant announced it was looking for a second headquarters in North America.

Amazon Must Pay $295 Million in Back Taxes, EU Says

BRUSSELS (AP) – Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states.

NATIONAL GOVERNMENT

Senate Panel OKs Bipartisan Children's Health Bill

WASHINGTON (AP) – A bipartisan bill financing health insurance for millions of low-income children won easy approval Wednesday from the Senate Finance Committee as pressure grew on Congress to act, four days after federal funding for the program expired.

LEGAL AFFAIRS

Vegas Shooting Renews Debate on High-Capacity Ammo Magazines

IOWA CITY, Iowa (AP) – The rapid-fire shooting that killed or injured hundreds of concertgoers in Las Vegas has highlighted the easy availability of ammunition magazines that allow shooters to fire dozens of shots without having to reload.

TECHNOLOGY

Google Unveils New Phones, Speakers to Counter Amazon, Apple

SAN FRANCISCO (AP) – Google on Wednesday unveiled new phones, smart speakers and other devices infused with artificial intelligence in its bid to claim the high ground against rivals Amazon and Apple.

Brooks Museum Eyes Downtown Fire Station Site

The city fire station at Union Avenue and Front Street and the adjacent parking garage appears to be under consideration as the new site for the Memphis Brooks Museum of Art, according to a source close to the situation who did not want to be identified by The Daily News.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 282 641 42,978
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

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