» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 133 | NO. 95 | Friday, May 11, 2018

Convention Center Hotel Footprint Bigger Than 100 North Main

Details of a tentative plan for a second convention center hotel at the 100 North Main Building show the conversion of the 53-year old skyscraper is just part of a plan that would have a larger footprint, taking in more Downtown real estate.

100 North Main To Become Convention Center Hotel Via Letter of Intent

The city of Memphis has signed a letter of intent for the redevelopment of the city’s tallest building as a convention center hotel.

Snapshot: Chicago Football Great Singletary Memphis AAF Coach

Mike Singletary, a Pro Football Hall of Fame linebacker, was introduced as the first coach of the Memphis Alliance of American Football franchise on Thursday at a press conference at Liberty Bowl Memorial Stadium.

Memphis To Be One of 10 Drone Test Sites

The Memphis-Shelby County Airport Authority is leading a Memphis group that is part of a national pilot program to integrate drones into air traffic.

Not Taking Sides

Commission, council hesitant to schedule vote on Graceland plan

Elvis Presley Enterprises’ push to get city and county officials to back its plans for a Whitehaven arena hasn’t made very much progress, judging from discussions this month by the Memphis City Council and the Shelby County Commission.

Local Weather
Currently
Memphis, TN
84.0°F
Partly Cloudy
Wind: Calm mph
Humidity: 67%

EVENTS

The Memphis Greek Festival returns Friday and Saturday, May 11-12, from 11 a.m. to 8 p.m. at Annunciation Greek Orthodox Church, 573 N. Highland St. Greek food, music, dancing, marketplace, kids’ activities, a food drive-thru and church tours are all part of the festivities. Call 901-327-8177 or visit memphisgreekfestival.com for details.

more events »

Last Word: Singletary to Memphis, County Budget Notes and Buying NIN Tickets

It’s not a done deal yet. But there is at least the framework of a plan for the city’s tallest building. The city has signed a letter of intent with the current owners to convert the 100 North Main Building to a convention center hotel with retail, meeting space and a parking garage with a timeline to have this built and open for business by the end of 2022 – two years after the $175 million renovation of the Memphis Cook Convention Center is to be completed.

Pera’s Ubiquiti Networks Posts Strong Third Quarter

Three months ago, law firms were soliciting investors in Ubiquiti Networks’ stock to sign up for a class-action lawsuit against the company for misleading those investors about actual profits the company was earning.

New County Leaders Face Big Funding Decisions

The new Shelby County mayor and County Commission elected in August will have some major budget decisions to make once they take office Sept. 1, including a new Regional One Health Center building that could cost more to build than the $250 million FedExForum and a permanent source of county funding for the universal prekindergarten effort.

Local Entrepreneur Bringing Old Properties Back To Life One Building at a Time

Being a developer is something that local entrepreneur Eduardo Sanchez Borja has always been interested in, but has never really had the time to do.

County Veto Override Vote Called Off

Shelby County commissioners put off a vote Wednesday, May 9, on overriding Mayor Mark Luttrell’s veto of a resolution to renew the appointment of Julian Bolton as the county’s legislative policy adviser.

SPORTS

Fizdale: Lessons Learned in Memphis Will Help in New Job With Knicks

It seems like a long time ago now — or maybe it doesn’t — but back in the middle of David Fizdale’s rookie season as an NBA head coach he had the Grizzlies 11 games over .500 (36-25). Back then, it seemed logical and likely that he would put down roots here.

Grizzlies’ Poor Draft History In Focus With Lottery Pick

When the NBA Draft Lottery is held on Tuesday, May 15, in Chicago, Grizzlies point guard Mike Conley will be watching on TV. The lottery show will air at 6:30 p.m. on ESPN, should you be inclined to join Conley and root along.

Ensor: Vol Baseball Has Hurdles to Overcome

Knoxville’s Rusty Ensor still hasn’t gotten baseball out of his system.

THE TIPPING POINT

Graffam’s Simple Focus: A Better Workplace, Community

At some point after J.D. Graffam, owner and founder of digital design agency Simple Focus, had self-published a book and hosted several workshops teaching coding to graphic designers, an industry colleague asked Graffam why he gave away his trade secrets for free.

SNAPSHOT

Snapshot: Downtown’s Newest Digs Almost Ready

Construction crews are putting the finishing touches on Patterson Flats just east of the South Main Historic Arts District Downtown. The 175-unit residential project, which is being developed by Nashville-based Elmington Capital Group, fills 3.7 acres between G.E. Patterson and Butler avenues.

LOCAL COLUMNISTS

Irony, Thy Name Is Tennessee

NEW STATUE PROPOSED. Last week in advance of the primary, I read with interest multiple accounts of the Shelby County Republican Party’s outrage with the candidacy of one of their own, Keith Alexander, for property assessor.

Renting vs. Buying

Ray’s Take: Buying a home used to be the pinnacle of living the American Dream and the trophy of your financial success. Conventional wisdom held that you either paid your own mortgage or someone else’s. 

STATEWIDE

Alma Mater Honors Waffle House Hero With Scholarship Fund

NASHVILLE, Tenn. (AP) – The alma mater of the man who took an AR-15 rifle from a gunman at a Tennessee Waffle House has established a scholarship fund in his name.

Board Votes Support of University of Tennessee President

NASHVILLE, Tenn. (AP) – The outgoing University of Tennessee board of trustees has passed a resolution giving a vote of confidence to UT President Joe DiPietro following his stunning ouster of the school's first female chancellor.

Tennessee Lawmakers Appeal Refugee Resettlement Decision

NASHVILLE, Tenn. (AP) – Tennessee lawmakers are appealing a judge's dismissal of their lawsuit against the federal government over the refugee resettlement program.

NATIONAL BUSINESS

Equifax Now Says Some Passport Info Was Stolen In Breach

NEW YORK (AP) – Equifax acknowledged a relatively small number of passport images and information were stolen as part of last year's security breach, despite previously denying such a thing occurred.

Parts Shortage That Hit Ford Spreads to More Companies

DETROIT (AP) – A fire that damaged a Michigan auto parts supply factory is causing production problems at Ford, Fiat Chrysler, BMW and General Motors, but it's too soon to tell yet whether dealers will run short of vehicles.

Report: Goldman Looks to Partner With Apple on Credit Card

NEW YORK (AP) – Goldman Sachs and Apple are looking to partner together to create a new credit card, the first foray by Goldman Sachs into the $1 trillion credit card market, The Wall Street Journal reported Thursday, citing unnamed sources.

Teamsters Leaders Facing Probe for Accepting Gifts

ORLANDO, Fla. (AP) – An independent investigator has ratcheted up his probe into whether top Teamsters leaders accepted undisclosed gifts from a business that brokered health benefits for the union.

NATIONAL GOVERNMENT

US Watchdog Will Review FAA Safety Oversight of Airlines

WASHINGTON (AP) – The Transportation Department is reviewing federal oversight of maintenance at Allegiant Air and American Airlines.

Tech Leaders Seek More Focus on AI at White House Summit

Top U.S. tech executives and researchers want the Trump administration to invest more in artificial intelligence and craft policies they hope will strengthen the economy without displacing jobs.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 322 8,071
MORTGAGES 93 381 9,580
FORECLOSURE NOTICES 0 50 1,408
BUILDING PERMITS 236 688 17,295
BANKRUPTCIES 52 207 5,613
BUSINESS LICENSES 35 143 3,091
UTILITY CONNECTIONS 28 128 3,378
MARRIAGE LICENSES 27 120 1,808

Weekly Edition

Issues | About

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