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VOL. TMN-11 | NO. 27 | Saturday, July 7, 2018
Weekly Issue

Pathways to Growth

Small-business loan program targets women and minorities

A group of nonprofits and banks have created a program to increase lending to Memphis-area minority- and women-owned businesses. Last month, entrepreneurial hub Epicenter and Pathway Lending launched the $15 million Memphis Small Business Opportunity Loan Fund, which is aimed at helping small businesses improve their access to capital.

EDITORIAL

Editorial: Early Voting Review Should Be Bipartisan

From the outset of early voting in Shelby County 24 years ago, there was never an expectation that going to the polls for two weeks before Election Day would increase the overall turnout.

Bartlett Victim Shot Multiple Times as He Lay on the Ground in Slaying During Fireworks Show

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.

Democrats, NAACP Go To Court Over Early Voting Sites, Hours

The Shelby County Democratic Party and several other organizations including the Memphis Branch NAACP have filed two lawsuits against the Shelby County Election Commission in Shelby County Chancery Court over early voting locations and hours in advance of the Aug. 2 election day.

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EVENTS

Hands of Mothers hosts its annual benefit concert, featuring Amy LaVere and Will Sexton, Sunday, July 8, from 11 a.m. to 1 p.m. in the High Cotton Brewing Co. taproom, 598 Monroe Ave. Guests will enjoy live music, beer, bloody marys and food, and their contribution ($35 in advance or $40 at the door) will be used to educate and empower mothers and daughters living with HIV in Rwanda. Visit handsofmothers.org/concert for details.

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District 99 State Rep. Ron Lollar Dead at 69

State Rep. Ron Lollar, R-Bartlett, who had served Northeast Shelby County in the state Legislature since 2006, died Friday morning in his sleep. He was 69 years old.

EMPHASIS Green

One Phase at a Time: Epping Way Leg Of Wolf River Greenway Now Open

The Wolf River Greenway’s Epping Way leg just opened. Perhaps to those not directly involved in the project it feels like it just sort of popped up overnight. And Bob Wenner, the Wolf River Greenway coordinator and project manager, understands – sort of.

Already Exceeding Expectations: Explore Bike Share on a Roll

As an afternoon sun slides toward the horizon, Rajah Brown and Jon Pegg pull up in a 17-foot U-Haul truck, jump out and head for the row of 14 shiny bicycles along South Main Street.

Clean Memphis Celebrates 10 Years Of Fighting Litter, Blight in Community

Clean Memphis founder and executive director Janet Boscarino considers her nonprofit’s work to make Memphis greener, cleaner and environmentally sustainable over the past 10 years a gift because of the many neighborhood connections she’s made.

THE MEMPHIS NEWS ALMANAC

July 6-12, 2018: This week in Memphis history

2008: WSG Memphis LLC takes a revised application for a mixed-use development to the Land Use Control Board for approval. The company has assembled more than 90 lots and parcels covering 26 acres on Poplar Avenue east of Cleveland where apartment buildings and some homes once stood. The plan is for a mix of retail shops, larger retail stores, medical offices and restaurants, along with apartments and condos.

DOWNTOWN

Review of Mud Island Museum Begins as River Museum Closes Early for Season

The former director of Governors Island in New York and the head of a Colorado company that helps develop outdoor adventure businesses are coming to Memphis this month as part of the process of rethinking the 36-year-old Mud Island Mississippi River Museum.

SMALL BUSINESS

22-Year-Old Going After Piece of $29B Mattress Industry

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.

ECONOMIC DEVELOPMENT

Helping Hands

Most mornings it’s not uncommon to see dozens of homeless Memphians lined up outside Hospitality Hub’s Downtown location, hoping to get selected for the nonprofit’s Work Local program, which offers $50 and a meal in exchange for five hours of work cleaning up around the city.

BEALE STREET

Hotel Planned For Fourth and Beale Vacant Nightspot

Plans for a five-story 120-room hotel on the northeast corner of Fourth and Beale Street go to the Center City Revenue Finance Corporation Tuesday, July 10, seeking a 15-year tax break for the $16 million project.

POLITICS

Democrats Organize for Early Voter Turnout at Germantown Site

Shelby County Democrats plan to bring out Democratic voters on the July 13 opening of the early-voting period at two polling sites – one each in Whitehaven and Germantown.

Diane Black Proud of Unfavorable Ratings With ‘Far Left’

Republican contender for Tennessee governor U.S. Rep. Diane Black drew the endorsement of the American Conservative Union as she spoke at the national group’s Memphis forum Monday, July 2, on jobs and the economy.

Early Voting Becomes Issue, Cause in Run-Up To Aug. 2 Election Day

Since early voting began in Tennessee in July 1994, it hasn’t increased voter turnout in Shelby County – at least not on its own in a sustained way. That still depends on what and who is on the ballot.

ARTS & ENTERTAINMENT

If They Can Make It There …

Riley Young and Amelia Beckham knew they were going to New York City and Broadway. After all, they were the lead actor and actress winners from the Orpheum High School Musical Theatre Awards.

RESTAURANT NEWS

Pitmaster Pride

Rendezvous founder being inducted into Barbecue Hall of Fame

Rendezvous founder Charlie Vergos is among three new members being inducted into the Barbecue Hall of Fame. The American Royal Association announced the 2018 class of inductees in May. The induction ceremony will take place on Sept. 13, during the American Royal World Series of Barbecue in Kansas City, Missouri.

LAW & THE COURTS

Graceland Again Files Suit Over Whitehaven Arena Plans

Graceland’s third Chancery Court action in less than a year was its most anticipated. Elvis Presley Enterprises filed a complaint in Shelby County Chancery Court June 29 seeking a declaratory judgment on whether its plans for an arena in Whitehaven violate the noncompete agreement city and county governments have with the part of the Memphis Grizzlies that runs FedExForum for both local governments.

Size of Memphis Police Force Study Weighs Numbers in Ranks and How to Use Them

The Memphis Police Department is zeroing in on an exact number of officers it should have with a “zero-based” study to be completed in the fall.

Hickory Hill Strip Club Ordered Closed as Public Nuisance Following Two Deaths

The main event of Memphis rapper Yo Gotti’s birthday was a Thursday, June 28, show at FedExForum featuring numerous special guests. But an after party scheduled for a strip club in Hickory Hill was cancelled.

EDUCATION

‘Moved to Teach’

TFA corps members embark on careers in education

They come from New York City and from places smaller than some high schools. They come from college, and from careers. Their stories diverge, but they all are devoted to one cause. Teach For America recruits more than 100 people to Memphis each year. For six intensive weeks, they learn the TFA way to teach and to change the educational system.

GOVERNMENT

Inland Waste Parent Company Says City Throwing It 'Under The Bus'

The president of the Sarasota, Florida, company that owns Inland Waste says the company is being “thrown under the bus” by Memphis Mayor Jim Strickland over its contract with the city to pick up yard waste and other trash in Cordova.

SPORTS

Memphis Basketball's New Players, Holdovers Pledge Unity and Common Goal: Winning

They are a blended family, this collection of players left over from Tubby Smith’s two-year tenure and the new guys – some dripping with hype – who have arrived with Penny Hardaway.

If Warriors Are A Lock For 2019 NBA Title, What Would You Bet On It?

Michael Jordan’s Chicago Bulls ruled the NBA in the 1990s with six championships, twice winning three in a row. The Kobe/Shaq Los Angeles Lakers won three straight titles in the early 2000s and then the Lakers won back-to-back championships in 2009 and 2010 without Shaquille O’Neal.

Predators prospect skates around illness mystery that ended BU season

On Jan. 5, Predators prospect Patrick Harper helped guide the U.S. national team to a bronze-medal victory at the World Junior Championship, scoring a goal and adding an assist in a lopsided American win.

Sports Notebook: Casspi a Potential Help to Grizzlies With Outside Shooting

After the NBA Draft, Grizzlies general manager Chris Wallace was asked what the team still needed. He didn’t hesitate with his answer: more shooting.

In Grizzlies Mini-Camp, Players Vying for Spots on NBA Summer League Roster

One week after the Memphis Grizzlies used the No. 4 overall pick in the 2018 NBA Draft on Michigan State freshman Jaren Jackson Jr., he was on the practice court at FedExForum with 16 other members of the team’s Summer League Mini-Camp roster.

REAL ESTATE RECAP

Lake District’s Newest Tenant, New Medical District Apartments

3536 Canada Road,, Lakeland, TN 38002 -
Gould’s Salon and Spa has signed a deal to become The Lake District’s newest tenant.

MEMPHIS NEWSMAKERS

Paradigm Promotes Hand to Creative Director & Associate

Becca Hand, Paradigm Marketing & Creative’s new creative director and associate, began working for the company five years ago, starting out as a graphic designer before being promoted to art director. Now, as she works her way toward a partnership at Paradigm, Hand is looking forward to contributing to the company vision in her new role.

VIEW FROM THE HILL

Collecting Online Sales Taxes No Cure-All For State

Tennessee’s political officials are lauding the U.S. Supreme Court’s decision enabling states to effectively collect sales taxes from out-of-state online retailers.

LOCAL COLUMNISTS

Lessons From Ronald McDonald

CIRCLES AND ARCHES. Our son, Gaines, called the other night and we talked a bit about business, his now and mine once.

When You Need Money Fast

Ray’s Take: It’s something we hope never happens to us, but at least once in your life, you will find yourself needing money fast. More than you ever dreamed of when you set up your six months’ worth of expenses emergency fund. So what do you do if you find yourself in this situation?

Creating Career Independence

I hope you have a wonderful holiday week! I know I’m looking forward to spending time with friends, grilling out and watching fireworks to celebrate this Independence Day. This holiday is also a great time to reflect on your career.

Which E-Commerce Platform Is Right For You?

Market research hub eMarketer estimates e-commerce sales will represent 10 percent of total retail sales in the U.S. this year. That equates to a whopping $526 billion.

Hospitality Rules in St. Maarten

Eighty percent of the island’s hotels still closed. That’s all I could think about as our cruise ship pulled away from Philipsburg, St. Maarten.

A Fresh Approach To Meetings

“What, another meeting? Are you sure I have to attend?” Does this sound like you? Or maybe this is something you hear when you’re trying to schedule meetings. Let these words be a thing of the past. Learn how to increase the value of your meetings.

Going Green Without Spending the Green

“Going green” is a phrase that has grown in popularity, making its way into conversations surrounding just about everything. From how we use energy, grow our food and clean our homes, sustainability, I am proud to say, has wiggled its way into many arenas, including the one United Housing performs in – homeownership.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 79 396 11,921
MORTGAGES 90 443 13,870
FORECLOSURE NOTICES 10 70 1,928
BUILDING PERMITS 191 975 25,139
BANKRUPTCIES 56 289 7,762
BUSINESS LICENSES 23 184 4,083
UTILITY CONNECTIONS 22 166 4,847
MARRIAGE LICENSES 16 81 2,625

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