VOL. TMN-10 | NO. 40 | Saturday, September 30, 2017
With Crosstown Concourse open, it’s only a matter of time before the Cleveland corridor is rejuvenated
For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.
Shelby County Books from Birth has merged with Porter-Leath in a move that Porter-Leath vice president for development Rob Hughes said should be “seamless.”
A popular Midtown restaurant may soon have a second location in South Main.
The chairman of and legal advisor to the Tennessee Historical Commission said Wednesday, Sept. 27, the commission will not consider the city of Memphis’ petition to remove a statue of Nathan Bedford Forrest from a city park at the body’s Oct. 13 meeting.
THE MEMPHIS NEWS EDITORIAL
The mantra has been clear since Graceland dramatically changed the plans for its proposed Whitehaven concert venue: Almost nobody in officialdom wants to touch the Memphis Grizzlies’ noncompete clause for FedExForum.
Atlanta-based developer IDI Gazeley appears to be planning a large-scale commercial warehouse less than two miles from the Memphis International Airport.
Shelby County Trustee David Lenoir’s campaign for Shelby County mayor will talk about the economic resurgence in Memphis and Shelby County as a challenge to address longstanding problems.
Harding Academy of Memphis is consolidating its senior-kindergarten through 12th grade students into one campus moving its lower school students from campuses in Cordova on Macon Road and East Memphis on Colonial Road to what is currently its upper school campus at 1100 Cherry Road.
Seasonal Crosstown Markets will be hosting its quad-annual Pop-Up SHOP at Co-Motion Studio Saturday, Sept. 30 from 1 to 4 p.m.
THE MEMPHIS NEWS ALMANAC
1991: Willie Herenton is elected mayor – the first African-American elected mayor in Memphis history. Herenton upsets incumbent Dick Hackett by 142 votes, the closest margin in a mayor’s race under the mayor-council form of government, but not the closest in the much-longer history of Memphis mayoral elections under various forms of municipal government.
REAL ESTATE & DEVELOPMENT
Aaron Shafer saw the writing on the wall, so to speak, at the second public gathering toward a redevelopment plan for the Fairgrounds last week.
It wasn’t so much what Liberty Bowl Memorial Stadium’s football tenants saw in the most recent tentative ideas for the Fairgrounds redevelopment, it’s what they didn’t see – 3,000 parking spaces they estimated would be eliminated in the project.
Memphis making strides in increasing transit options, stakeholders say
Memphis’ desire to land Amazon’s multibillion-dollar second headquarters faces several headwinds. While many critics have pointed to the city’s insufficient labor pool and lack of direct flights to the West Coast as the most likely deal breakers, Memphis lags behind many of the consensus top contenders in another area: connectivity.
Shelby County Commission chairwoman Heidi Shafer says there may be some kind of compromise still to be made when it comes to a performance venue at Graceland in Whitehaven.
COMMERCIAL REAL ESTATE
International shipping giant DHL Supply Chain is planning a massive new development just north of the Tennessee-Mississippi state line.
You can still see the words on the surface of Riverside Drive from the RiverPlay area that took over the street between the Mississippi River and Memphis Parks during the summer.
New trolleys the Memphis Area Transit Authority hopes to have back on the Main Street tracks by the end of this year may sneak up on Main Street Mall pedestrians.
Leadership at The Commercial Appeal has told employees that the Gannett-owned paper hopes to have news by the end of the year on the sale of its building at 495 Union Ave., which was put on the market this year in tandem with a series of other cost-cutting moves.
ARTS & ENTERTAINMENT
The typical opera company busies itself with the normal things you might imagine – staging lavish productions, selling tickets and working to fill impressive venues with as many patrons as possible.
After helping host a preview party this week that served as the unveiling of the full lineup of this year’s Indie Memphis Film Festival, festival executive director Ryan Watt was confident enough about what’s coming to declare the organization has taken things to a new level this year.
GOVERNMENT & POLITICS
Campaign season for local, state and federal offices on the 2018 ballot has started.
With the Arlington vote count in and awaiting certification from the Shelby County Election Commission, it would seem a light election year in Shelby County is over.
Shelby County commissioners again delayed passage Monday, Sept. 25, of a resolution that would allow the city of Memphis to use surplus hotel-motel tax revenue for Memphis Cook Convention Center renovations.
With Washington’s attention on the vote count of the Republican Cassidy-Graham health care coverage bill, those on all sides of the immigration reform issue are watching the outcome of Cassidy-Graham closely.
The CEO of First Tennessee Bank’s parent company told attendees of a financial conference in New York City in recent days that the banking industry could benefit from more consolidation.
At a time when it might seem that the usefulness of public libraries is waning, they are reemerging as 21st century community hubs — democratic spaces where people from every walk of life can encounter humanity, the elusive element technology cannot conquer.
HEALTH CARE & BIOTECH
With the number of overdose deaths from opioids such as OxyContin, Vicodin and Percocet at all-time highs, a new nasal spray is now available to counteract overdoses, and it can be acquired at local pharmacies without a prescription.
Dr. Mark Hatley, a pediatric oncologist at St. Jude Children’s Research Hospital, is on the front lines of trying to change the fact that almost 2,000 children die of cancer each year in the U.S.
The University of Tennessee Health Science Center has formed a partnership with a Birmingham, Alabama-based nonprofit that has almost 500 scientists and engineers working under its banner, a union meant to help advance research that could lead to new drug discovery and commercialization.
TRANSPORTATION & LOGISTICS
A group of FedEx Freight executives and distinguished drivers gathered in the aubergine-accented Peabody Hotel Skyroom Tuesday evening, Sept. 26, to honor some of the company’s most outstanding individuals.
On the way to a comprehensive city development and land use plan by 2019, those putting together the plan have heard one priority from citizens over and over: better public transportation.
THE PRESS BOX
This conversation? No, they didn’t imagine it. Grizzlies coach David Fizdale and point guard Mike Conley did not enter the NBA thinking they would someday be talking about national protests, a president that shoots from the lip, or Confederate statues in Memphis.
A much younger Chandler Parsons would not have liked last year’s $94 million chronically hurt, and painfully ineffective, Chandler Parsons. Not one bit.
Head coach Mike Norvell was pleased that the goal of going undefeated in non-conference play was achieved. It meant having a signature win over then-No. 25 UCLA and, most recently, turning back a plucky South Illinois team 44-31.
The Memphis Grizzlies recently held a small reception at FedExForum to show off improvements, and the biggest one – literally – was a new video board hanging over the court that offers four times the amount of display space as the previous scoreboard.
Tennessee football coach Butch Jones had more than Georgia on his mind this week. Rumors on message boards and reports on sports talk radio flamed the fires around Jones and the Vols after last Saturday’s 17-13 victory over Massachusetts at Neyland Stadium.
What does John Currie’s decision to reinstitute the name “Lady Vols” for all women’s sports at the University of Tennessee have to do with Butch Jones?
Want to add some fun to your NFL experience? I give you Titans rookie cornerback and punt returner Adoree’ Jackson, who quite honestly is just a kid having fun playing football.
Latoria Taylor has been named vice president of development for Junior Achievement of Memphis and the Mid-South. She oversees all fundraising and marketing efforts for the nonprofit, which is dedicated to teaching children “how business works” and inspiring them to own their economic success.
REAL ESTATE RECAP
1801 Exeter Road, Germantown, TN 38138 -
The Germantown Performing Arts Center has announced plans to develop a new 1.5-acre open-air performance center that will be located due north of its current location at 1801 Exeter Road.
VIEW FROM THE HILL
Gov. Bill Haslam usually gives an answer to every question, even if his subjects and verbs don’t agree. But when it comes to a potential run for the U.S. Senate, he stumbles.
COME ON BACK TO ELMWOOD, GEN. FORREST. I first issued that invitation in 2013, and again in 2015. As it has been for some time – it’s past time.
Ray’s Take: It’s common among investors to fall into the “short-term mindset” with investments. The financial media tends to make things worse. If you do not see the returns you want on cue, you decide to move your funds around to the ones that are showing higher short-term returns.
Shall I stay or shall I go? It’s a simple question with complex answers, especially when you are contemplating a career change. However, the fact that you’re asking it is a good indication of restlessness. That feeling can be a good thing when it gives you the nudge you need to point your career in a better direction. But when the feeling of ambivalence that one has when trying to make a major decision takes root in that process, confusion takes over.
Have you ever received a call from a headhunter or recruiter out of the blue? Sometimes, they’ll call your work phone and leave a voicemail you weren’t expecting. They’re recruiting for a new position. It’s one you haven’t heard about, but they want to speak to you. You don’t know how they got your name or phone number. The recruiter says, “I have a new position I’m trying to fill. I wanted to reach out to see if you know anyone who might be interested.”
By 2019, mobile ad spending will likely represent 72 percent of total U.S. digital spending (source: eMarketer). In 2016, mobile became the primary type of device used to access websites. That’s a huge milestone and the reason properly optimizing your website for mobile users is a critical brand priority. It can create a highly coveted competitive advantage.
“That was a great awareness event.” “We really reached a lot of people.” “We broke even on expenses.” Are these the outcomes of your most recent special event? What about, “We exceeded our fundraising goal!”