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VOL. 130 | NO. 63 | Wednesday, April 1, 2015

Daily Digest

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South Front Street Property Sells for $840,000

A Downtown property has traded hands for $840,000.

Stars & Stripes 1B LLC acquired 316 S. Front St. and 324 S. Front St. from Front & Vance LLC, according to a March 27 warranty deed.

The 324 S. Front parcel includes a 21,078-square-foot Class E warehouse built in 1900 at the eastern corner of South Front Street and Vance Avenue. The Shelby County Assessor of Property’s 2014 appraisal was $167,100.

The 316 S. Front parcel includes a half-acre of vacant land with a 2014 appraisal of $108,000.

The seller, Front & Vance LLC, acquired both parcels in 2005 for $837,500.

Source: The Daily News Online & Chandler Reports

– Amos Maki

Daily News Captures Seven Associated Press Awards

The Memphis Daily News won three first-place awards, and seven total, in the Tennessee Associated Press Managing Editors annual contest.

Amos Maki won first place in business news for “PILOT Reform.” Maki swept the business news category, getting second place for “FedEx drug-shipping portfolio” and third place for “Crossroads: Looming driver shortage threatens trucking industry.” Maki also received an honorable mention in the category.

The other first-place awards were for the paper’s 2014 editorials portfolio and Don Wade’s sports portfolio.

Andy Meek took second place in features for “Survival of the Fittest.” Andrew Breig finished third in feature photography for “Primary Choices.”

– Daily News staff

Orion Federal Credit Union Adds to Corporate Team

Orion Federal Credit Union has made some additions to its corporate team.

The organization has tapped Trevia Chatman as business development officer, and Verity Goodell has been named human resources generalist.

Chatman will be responsible for deepening the credit union’s existing relationships with select employee groups while also fostering new business opportunities to expand Orion’s portfolio of regional accounts. Goodell will work closely with general counsel Stuart Harrington to help Orion achieve objectives in HR strategies and compliance, talent acquisition and management, employee relations and development as well as HR technologies.

– Andy Meek

'The Wizard of Oz' Coming to Collierville’s Harrell Theatre

From April 17-27, The Harrell Theatre in Collierville will be home to a stage production of “The Wizard of Oz.”

Join Scarecrow, Cowardly Lion and Tin Man as they travel to the Land of Oz and meet the munchkins, witches and the Wizard himself.

Ticket prices are $20 for adults and $15 for seniors, children and students. Tickets may be purchased at www.harrelltheatre.org or at the theater’s box office from 10 a.m. to 1 p.m. up to a week before the show opens. The Harrell Theatre is located at 440 W. Powell Road in Collierville.

The Harrell’s “Oz” production is directed by Cecilia Wingate; music direction is by Joshua Quinn with choreography by Christi Hall.

Productions of the nonprofit Collierville Arts Council are made possible through sponsorships by Banyan Tree Realtors, Carrier, Dave & Donna Nelson Family Foundation, Green & Sons Storage, International Paper, Patriot Bank and Patriot Bank Mortgage, The Silver Caboose and Webz Advertising.

The next CAC production at the Harrell, “Hairspray,” will run from July 9-19.

– Don Wade

Grant Workshop on April 8 for Nonprofit Organizations

A free grant workshop for organizations seeking funding for artistic and cultural projects that benefit the community will be held from 10 a.m. to 11 a.m., Wednesday, April 8, at Hattiloo Theater, 37 South Cooper St.

The annual Arts Build Communities grants will range from $500 to $2,000 and are available to state-recognized nonprofit organizations or government entities that must provide a dollar-for-dollar match toward the proposed project seeking funding.

The application is available online at www.tn.gov and the deadline for submission is July 1. ABC grants are available to eligible organizations in Shelby, Fayette, Lauderdale and Tipton counties.

Arts Build Communities is funded by the Tennessee General Assembly and administered by ArtsMemphis in cooperation with the Tennessee Arts Commission. ABC grants offer financial support for arts projects in all arts disciplines as recognized by the TAC, including dance, music, opera/musical theater, theater, visual arts, design arts, crafts, photography, media arts, literature, interdisciplinary and folk arts.

“These grants are particularly vital to smaller and younger arts organizations,” said Parke Kennedy, ArtsMemphis donor relations and grants manager.

– Don Wade

Greater Memphis Chamber Announces Board of Directors

The Greater Memphis Chamber recently unveiled its 2015 board of directors, which includes six individuals in leadership positions and 45 additional members.

The chamber’s 2015 board chair is Leigh Shockey, chairman and CEO of Drexel Chemical Co. Calvin Anderson, senior vice president of corporate affairs and chief of staff with BlueCross BlueShield of Tennessee, and Duncan F. Williams, president of Duncan-Williams Inc., both serve as vice chairmen.

Lodie V. Biggs, shareholder with Baker Donelson, is secretary and general counsel while Carolyn Hardy, president and CEO of Hardy Logistics Solutions LLC, is vice chair of finance and treasurer.

“The chamber is blessed to have this group of men and women leading us in the right direction as we take a more aggressive stance on reducing poverty and ensuring economic growth for all in the greater Memphis area,” said Phil Trenary, Greater Memphis Chamber president and CEO, in a statement. “Our board genuinely cares about the future of our community, and they have put strong objectives in place to develop Memphis into a world-class city to do business and raise a family.”

– Daily News staff

Memphis Company Awarded $1 Million Health Grant

Memphis-based Translational Sciences Inc. has been awarded a $1 million federal grant via the National Institutes of Health’s Small Business Innovation Research awards.

The grant is intended to be used for the company to study “Novel Methods for Dissolving Blood Clots.” Translational Sciences will attempt to treat dangerous blood clots while still in the body by dissolving them through molecular engineering.

The project’s goals include reducing death, disability and cost of service.

– Andy Meek

Shelby County Disparity Meeting Set For April 7

Shelby County government moves toward an updated disparity study with a public meeting Tuesday, April 7, at the Vasco Smith Administration Building, 160 N. Main St., from 11:30 a.m. to 1:30 p.m.

The business community session is a first step toward the evaluation of whether minority and women-owned businesses in Memphis and Shelby County have had equal access to county government contracts.

The commission authorized the study last year as part of a new move to increase minority and locally owned business participation in government as well as in private sector contracting.

The April 7 session is specifically an opportunity for business owners to talk about their experiences competing for county government contracts.

– Bill Dries

Lakeland Early Voting Count Tops 800

More than 800 citizens have voted early in the Lakeland referendum on a $50 million school bond issue.

The 822 early voters cast ballots over the first three days of the early voting period that began March 27.

The early voting period ends April 11 and election day on the Lakeland referendum is April 16, the first Shelby County election of 2015.

The bond issue would finance construction of the new Lakeland Prep school for grades 6 through 12.

Middle and high school students in the Lakeland School System currently attend schools in the Arlington and Bartlett school systems.

If financing is approved, the new Lakeland Prep would open with several grades per year starting in 2018.

– Bill Dries

PROPERTY SALES 0 133 1,342
MORTGAGES 0 131 1,047