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VOL. TMN-10 | NO. 39 | Saturday, September 23, 2017
Weekly Issue

Widening The Path

LITE Memphis growing minority entrepreneurs from the ground up

He asked to only be a small part of this story. But when you come up with an idea so good, so powerful, that it’s named as one of the top 20 ideas in the Forbes Change the World Competition, you are the story’s foundation.

Children's Foundation Donates $2M to Memphis Medical Institutions

The Children’s Foundation of Memphis is donating $2 million to endow a chair of excellence at Le Bonheur Children’s Hospital and establish the first cerebral palsy research center in the southeastern United States.

Adams Gets Life Without Parole For Bobo Murder in Sentencing Deal

UPDATE: After a jury in Savannah, Tennessee convicted Zachary Adams Friday of first degree murder, kidnapping and rape, prosecutors and the defense announced a sentencing agreement Saturday that means Adams will serve life in prison without parole plus 50 years for the 2011 murder of Holly Bobo.

EMPHASIS Education

Independent Schools’ Success Based On Rigorous Academics, Innovation

Independent schools in the Memphis area are recording strong enrollment numbers as parents seek rigorous academics, small class sizes and educational approaches that prepare their children for the highly competitive college entrance process.

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EVENTS

The Greater Memphis Chamber will hold the 2017 Move It Memphis 4-Mile Race Thursday, Sept. 28, at 6:30 p.m. starting and ending at Loflin Yard, 7 W. Carolina Ave. New this year is a Memphis Spirit Contest, a costume contest where runners can show their Memphis spirit and be judged for their creativity. Cost is $30 in advance or $35 on race day. Visit memphischamber.com.

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New Headmasters Take the Helm At Hutchison, Memphis University School

Kristen Ring, the new head of school at Hutchison School, dispels the notion that data on student achievement is only a function of state and federal requirements for public school systems.

Enhanced Athletic Facilities Significant Part of Independent School Draw

Over the last decade or so, Memphis-area independent schools have made major improvements in their athletic facilities – to the point it sometimes looks like an athletics arms race mimicking what is happening across college campuses.

Memphis Independent Schools Offer Varied Approaches to Early Childhood Learning

Research has shown show early childhood education sets the foundation for academic success in elementary school, and Memphis’ independent schools boast a number of high-quality preschool programs with expert educators, innovative approaches and state-of-the-art technology.

EDITORIAL

Editorial: Beale Street and The Line for City Leaders

When he was mayor, Willie Herenton had a saying that was his answer to speculation about whether he had crossed a legal line. Like the time when he bought an option on land fronting Union Avenue near AutoZone Park that was being considered as a possible site for a new convention center or hotel.

THE MEMPHIS NEWS ALMANAC

September 22-28, 2017: This week in Memphis history

1933: George Barnes, better known as “Machine Gun Kelly,” and three other people were arrested at a house on East Rayner Street for the kidnapping of oil millionaire Charles Urschel. Barnes was the first nationally known fugitive to be captured by the FBI. On the run from the FBI, Barnes returned to Memphis, the city where he had grown up and attended Central High School.

LAW ENFORCEMENT

Inside Voice

Face of ‘Fed Up’ gun violence ad uses head, prison experience

The advertisement moves fast, even for 30 seconds. It’s got hip-hop artist Marco Pave with Grammy Award-winning producer Carlos Broady. And the message is to the point as the camera comes in close on the face of a man who says emphatically, “Don’t lose your head, use your head.”

COMMERCIAL REAL ESTATE

Graceland Overhauls Venue Plans After Grizzlies Raise Concerns

Elvis Presley Enterprises has significantly altered the plans for its new entertainment venue in Whitehaven after the Memphis Grizzlies raised concerns surrounding a noncompete agreement with the city involving FedExForum.

Overton Square Hotel Awarded Tax Incentives

The developers of a $24 million Overton Square hotel and a Canadian elevator company looking to build its first U.S. facility in Memphis have been awarded tax incentives to move ahead with their projects.

100-Year-Old Question

CRE community weighs in on possible Brooks relocation

The Memphis Brooks Museum of Art was already more than 10 years old when Sears, Roebuck & Co. opened its nearby Crosstown store in 1927 and the rest of the neighborhood began to fill in, so it was shock for many Memphians to hear about the possibility of the iconic institution leaving the only home it’s ever known.

Highwoods Sells Southwind Portfolio for $39M

Highwoods Properties Inc. has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

Germantown Medical Office Sells for $16M

1325 Wolf Park Drive, Germantown, TN 38138 -
A New York-based investment trust has paid $15.9 million for the Germantown medical office building that houses Wolf River Surgery Center.

PUBLIC COMPANIES

FedEx Takes Profit Hit From Cyberattack in Q1

FedEx’s earnings per share for the first quarter were down year over year, as the Memphis-based shipping company continues to feel the effects of a June 27 cyberattack on subsidiary TNT Express that ended up costing $300 million.

AutoZone Reports Mild Fiscal Fourth Quarter

Memphis-based auto parts retailer AutoZone Inc. continues to find itself in an environment that’s unusual for the company and one that it’s not accustomed to, with the company’s fiscal fourth quarter sales bearing that out.

GOVERNMENT & POLITICS

One Alderman Upset, Two Re-Elected In Arlington Elections

Two Arlington aldermen were re-elected in municipal elections Thursday, Sept. 21, that were the only scheduled elections of 2017 in Shelby County politics. And a third incumbent alderman was upset by his challenger as an outgoing interim alderman was elected to the Arlington school board.

City’s Ire Raised By Stadium Droughts

For most of the ongoing discussion about a reconfiguration of the Fairgrounds, the Liberty Bowl has been a part of the background. Much of the attention has been on what to do with the Mid-South Coliseum and what new uses or buildings will do to existing parking.

Boyd Drops Beale Contract, But Says It Wasn’t Conflict of Interest

Memphis City Council chairman Berlin Boyd ended his company’s fundraising contract with the Beale Street Merchants Association Tuesday, Sept. 19. But he again insisted the contract was not a conflict of interest in his duties as a council member voting on items involving the entertainment district.

Dean: Economic Development More Difficult in Memphis

It’s a story that former Nashville Mayor Karl Dean tells just about every place in the state he goes in his campaign to be the state’s next governor.

MEDIA

New Gannett Cuts Eliminate Two More Commercial Appeal Employees

The effects of another companywide restructuring at newspaper publisher Gannett Co. Inc. – which owns USA Today as well as The Commercial Appeal – have touched the newsroom in Memphis, following an even deeper round of local cuts earlier this year.

NONPROFIT SECTOR

Steps to a Survivor

Loved ones dream of Alzheimer’s prevention and a cure

Phyllis Roy lost her husband, John W. Roy, to Alzheimer’s disease on April 27. He was 75 years old and had been diagnosed seven years earlier.

OVERTON PARK

Overton Park Conservancy Embarks On Master Plan

As leaders of the Memphis Brooks Museum of Art announced this month they are considering a move to a newly built facility elsewhere in the city, the Overton Park Conservancy was beginning to develop a master plan for the Midtown park, including the museum, Memphis Zoo, Memphis College of Art and Levitt Shell.

EDUCATION

SCS Graduation Rate Inches Up, Arlington Tops 96 Percent

Shelby County Schools posted a graduation rate of 79.6 percent for the 2016-2017 academic year, up almost a full percentage point from the previous school year. And Arlington Community Schools was one of 43 public school districts in the state with a graduation rate at or above 95 percent.

BEALE STREET

Beale, Bourbon Street Protocols Examined

As the Beale Street Task Force moves toward making recommendations to the Memphis City Council on a Saturday night Beale Street cover charge, there isn’t a consensus on the $5 charge.

LAW & THE COURTS

Juvenile Court Outcomes Still Questioned

Rev. Keith Norman says just about every time federal monitors in the settlement agreement with Juvenile Court come to Memphis they meet with him and want to hear from a broad cross section of Memphians with no filtering of those they encounter.

Senate Confirms Dunavant As U.S. Attorney

The U.S. Senate has confirmed Tipton County prosecutor Mike Dunavant as the new U.S. attorney for the Western District of Tennessee, based in Memphis with offices in Jackson, Tennessee.

THE TIPPING POINT

Bandele Crafts Cultural Hub for Black Artists

Early one clear September morning, Overton Square is still half-asleep, the parking lot next to Hattiloo Theatre empty save a few cars. In 12 hours, Hattiloo’s lobby will pulse with a throng of guests at the opening night of “Fetch Clay, Make Man,” the theater’s current production. But for now, Ekundayo Bandele, Hattiloo’s founder and CEO, is leaning back in a desk chair, dreaming aloud about the year 2022.

SPORTS

Dugout Future for Redbirds’ Stubby Clapp is Bright

The Memphis Redbirds had just won an extra-inning playoff game at AutoZone Park. First-year manager Stubby Clapp was in his office. Next to him, changing clothes, was the guy who had managed Clapp on the team’s Pacific Coast League championship team 17 years earlier.

The Stars – Ferguson, Miller, Norvell – Lead Memphis into the Spotlight

The team has not yet cracked this season’s Top 25, but at the University of Memphis everyone gets how this works. You beat No. 25 UCLA 48-45 on national television and the Bruins fall out of the rankings.

Vandy-Bama Finds Relevance Under Mason

Who would’ve thought the center of the Southeastern Conference football universe would be Nashville in late September?

Deadspin Likes Memphis More Than AP, Coaches Polls Do

As great as the 48-45 victory over then-No. 25 UCLA was, as nice as it has been to hear the University of Memphis getting national mentions, the Tigers have work to do. Maybe more than you’d imagine.

Redbirds Capture PCL Title

Memphis plays Durham in Triple-A Championship Game on Sept. 19

Patrick Wisdom, one of the few constants on the Memphis Redbirds this season, hit a two-run homer and made a critical defensive play in Sunday’s 3-1 victory at El Paso to win the Pacific Coast League championship.

MEMPHIS NEWSMAKERS

Flee Joins Youth Villages To Lead Digital, Creative Strategy

Travis Flee has been named a director of Youth Villages’ marketing and communications department, where he serves as director of digital strategy and creative services. Flee comes to Youth Villages with nearly 20 years of marketing experience, serving most recently as the director of digital brand marketing for Hilton Worldwide.

SNAPSHOT

Snapshot: Sparks of Creativity

Blacksmiths Tim Schaeffer, left, and Jeff Funk work on repairing a vintage andiron at the Metal Museum during Repair Days 2017. Repair Days is an annual fundraiser hosted by the Metal Museum where metalsmiths from across the country travel to the museum to make repairs on various objects. Repair Days 2017, being held through Sept. 24, is free with admission when you bring in something to be repaired. All proceeds from repairs benefit the museum.

VIEW FROM THE HILL

Are Achievement Schools a Problem or the Solution?

Forgiveness or farewell: What should be the fate of the Achievement School District?

LOCAL COLUMNISTS

Raised From the Dead

GHOST AND SPIRIT. I walked through the town at mid-morning. Like any town you spend a lifetime in, you know people.

Keeping Up With The Joneses Can Be a Financial Catastrophe

Ray’s Take: There’s nothing quite like the feeling of seeing your neighbor drive up in their beautiful new car or hearing about their fabulous planned vacation. It can make you forget about every other plan or goal you’ve made for yourself. Keeping up with the Joneses can eat away at your financial dreams.

Travel in Times Of High Alert

I use the alarm clock on my iPhone, which means as I turn it off I sometimes also see whatever breaking news alerts popped up overnight.

Should Your Resume Include A Photograph?

Recently, I started receiving a question I haven’t heard much before: “Should I put my photo on my resume?”

Corporate Disaster Aid: How and When

Disasters are chaotic and complex. Just a few minutes of howling wind or shaking earth can leave years of cleaning up, rebuilding and coping with a new reality.

Don’t Give Me That Data-tude

Humans are a limited species. We cannot with any certainty, given the dynamic nature of life, predict the future.

Creating A Successful Special Event

What if you could step back in time and experience a Night at the Lorraine, the motel that has been redeveloped and transformed into the National Civil Rights Museum? That’s the opportunity that Jeanette O’Bryant, development officer with the museum, provides for guests. Together with her committee chair, Terrence Reed, NATL committee members, employees and volunteers, she created a new, fun revenue stream.

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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.