VOL. 133 | NO. 140 | Monday, July 16, 2018
A new seven-days-a-week news outlet called The Daily Memphian will make its debut this fall, with many of the biggest names in Memphis journalism and a unique not-for-profit funding model. The ambitious effort’s goal is to become the city’s definitive news source with reporting of, by and for Memphis.
Lake District developer Gilad Development Inc. has hired real estate brokerage firm Colliers International to handle the leasing for the office portion of the 160-plus-acre mixed-use development.
ATLANTA – Southeastern Conference Commissioner Greg Sankey addressed the expansion of legalized sports betting and the league’s football scheduling format in his opening address Monday, July 16, at the annual SEC Media Days at the College Football Hall of Fame and Omni Hotel.
The St. Louis Cardinals’ firing of manager Mike Matheny late Saturday, July 14, cued an opportunity for former Memphis Redbirds manager Mike Shildt as he was promoted from his bench coach position to interim manager. He wasted no time getting his first victory as the Cardinals beat the Cincinnati Reds 6-4 on Sunday before the start of the MLB All-Star Break.
Good morning, Memphis! The popular Roundhouse Revival at the Mid-South Coliseum returns this weekend, along with a retro skate night against the scenic backdrop of the Mississippi River at sunset. Check out those events and more happenings you need to know about in The Week Ahead...
It may sound like science fiction, but doctors at Baptist Memorial Health Care Corp. recently saved a patient from becoming paralyzed by essentially Skyping with an infectious diseases specialist.
A lot has changed since 1984 when James “Jimmy” D. Lackie first became involved with the forerunner to Youth Villages. Spence Wilson, CEO of Kemmons Wilson, Inc., had asked Lackie to assist on a capital campaign at Dogwood Villages. This was two years before Dogwood merged with Memphis Boys Town to create Youth Villages.
That was loud and wet. After the storms moved through the city Sunday evening, about 20,000 MLGW customers were without power. That was down to 5,000 by midnight. With that let’s begin with early voting turnout, shall we. Monday being the last day of early-early voting with five of the 27 sites across the county. The others open Tuesday with early voting running through July 28 and election day Aug. 2. Here is the list of early voting sites and their hours from the Shelby County Election Commission.
ALSAC, the fundraising and awareness organization for St. Jude Children’s Research Hospital, has awarded its annual Spirit of ALSAC award to Dr. James LaVirt Netters Sr., pastor emeritus at Mt. Vernon Baptist Church-Westwood.
The Daily News offers a weekly roundup of Memphis-related headlines from around the web, adding context and new perspectives to the original content we produce on a daily basis. Here are some recent stories worth checking out…
The investor developer of a Bauhaus-style home from the late 1940s in Frayser says the area is the “next frontier” in Memphis real estate.
The Memphis News and The Daily News won a combined 17 awards in the 2018 Tennessee Press Association State Press Contest. The competition is co-sponsored by the University of Tennessee.
REAL ESTATE RECAP
5155 Citation Dr. -
The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germanton location near Trader Joe’s.
THE MEMPHIS NEWS
Inside Memphis’ hot commercial real estate market
After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat?
The ruling by Chancellor JoeDae Jenkins in the early voting lawsuit shows a need for those doing the public’s business to rededicate themselves to being open and transparent.
2017: Rachel Heck, a 15-year-old rising sophomore at St. Agnes Academy, makes the cut at the U.S. Women’s Golf Open, finishing the tournament at 2-over when she shot even par 72 for a second consecutive day.
LAST WEEK'S MOST POPULAR
A 17-year-old fatally wounded on a restaurant parking lot during Bartlett’s fireworks display fell to the ground after the first shot, then the assailant “stood directly over him and unloaded multiple shots,” a witness told Bartlett police.
Memphis Mayor Jim Strickland plans to take a more specific $95 million to $100 million plan for Fairgrounds redevelopment to the City Council and Shelby County Commission in two weeks and the state building commission in Nashville in the fall.
Memphis Mayor Jim Strickland says his administration is set to begin the process of de-annexing the Southwind/Windyke area and the Rocky Point area, both in eastern Memphis.
Starting a mattress company isn’t on the to-do list of most teenagers, but Kayla Duerstock did just that. Duerstock, 22, in May relaunched Revived 365, the company that she started in her teens in hopes of grabbing a piece of the $29 billion mattress industry that has been disrupted by online mattress sales in recent years.
It’s a busy week for the city of Memphis when it comes to economic development. The Downtown Memphis Commission has two of its affiliate boards, the Center City Revenue Finance Corp. and the Design Review Board, in action this week, while the Economic Development Growth Engine for Memphis and Shelby County is holding a meeting for its Economic Development Finance Committee.
ST. LOUIS (AP) — As the St. Louis Cardinals took stock of their situation a day after the firing of manager Mike Matheny, some players said they bear some responsibility for Matheny's sudden dismissal.
NASHVILLE, Tenn. (AP) – State officials and Oshkosh Corp. say the manufacturer of firetrucks, defense vehicles and concrete mixers plans to create a new facility in East Tennessee.
CHATTANOOGA, Tenn. (AP) – Tennessee's biggest health insurers are cutting the premiums for individual plans under the Affordable Care Act's health care exchange market for the first time.
JACKSON, Miss. (AP) – U.S. Sen. Doug Jones introduced a bill this month that would clear the way to open records from civil rights cold cases – a bill written by high school students.
LITTLE ROCK, Ark. (AP) – More than 7,000 people on Arkansas' Medicaid expansion didn't meet a requirement that they report at least 80 hours of work in June and face the threat of losing their coverage if they fail to comply sometime before the end of this year, state officials said Friday.
NEW YORK (AP) – Papa John's, which has featured founder John Schnatter as a spokesman in logos and TV ads, has begun pulling his image from its marketing and pledged to assess its diversity practices in response to his use of a racial slur.
NEW YORK (AP) – JPMorgan Chase's second-quarter profits rose by 18 percent from a year ago, as the nation's largest bank by assets and revenue continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law.
The U.S. has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world's biggest oil producer for the first time in more than four decades.
WASHINGTON (AP) – The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth.
U.S. regulators Friday approved the first treatment for smallpox – a deadly disease that was wiped out four decades ago – in case the virus is used in a terror attack.
WASHINGTON (AP) – U.S. health authorities are alerting consumers to a new scam involving fake government warning letters sent to people who tried to buy medicines online or over the phone.
REDMOND, Wash. (AP) – Microsoft is calling on Congress to regulate the use of facial recognition technology to protect people's privacy and freedom of expression.