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VOL. 130 | NO. 146 | Wednesday, July 29, 2015

Daily Digest

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West-Ward Pharm To Expand Memphis Distribution Center

West-Ward Pharmaceuticals Corp. is expanding its Memphis distribution center.

Keystone Bank NA of Chicago filed a $6.1 million construction loan Friday, July 24 for the New Jersey-based company’s expansion at South Point distribution center.

The drug company currently leases a 100,000-square-foot building located at 4750 Pleasant Hill Road. The new 50,000-square-foot facility will be constructed on vacant land just east of the current facility.

HSA Commercial Real Estate will develop and manage the site.

The four-month loan, signed on July 16, matures on Nov. 16.

West-Ward Pharmaceuticals, a subsidiary of Hikma Pharmaceuticals PLC, is one of the top generic prescription medication providers in the U.S., offering both oral solid and injectable pharmaceuticals to a growing number of chain stores, wholesalers, distributors, health systems and government agencies.

– Wendy Greenlaw, Chandler Reports

Commission OKs Renaming Courthouse for D’Army Bailey

Shelby County Commissioners approved Monday, July 27, renaming the Shelby County Courthouse at 140 Adams Ave. in honor of the late civil rights activist and Circuit Court Judge D’Army Bailey.

The 11-0 vote, with commissioner David Reaves abstaining, will include new signs at the southeast and southwest entrances to the courthouse.

On a short agenda, the commission spent most of its time debating and ultimately defeating a second consideration to allow a payday loan business at the southeast corner of Macon and Houston Levee roads in Cordova.

Cash Now got the necessary permits to open two years ago even though county zone regulations has forbidden for six years payday loan shops within 1,000 feet of homes or apartments.

The commission had turned down the attempt to “grandfather in” the business earlier this year when no commissioner would second the item. It returned with more debate about whether owner Terri Mansker should have to move the business because county code enforcement officials didn’t do their jobs.

It was defeated on a 5-6 vote.

– Bill Dries

Owner of Blighted Downtown Building Will Appear in Court

The owner of a blighted Downtown building that partially collapsed last week following heavy rain will be in Shelby County Environmental Court Wednesday, July 29.

During the Thursday afternoon rain that flooded streets and briefly knocked out electricity across Downtown Memphis, the roof of the four-story building at 107 S. Main St. partially collapsed and a water pipe burst, allowing water to creep into adjoining buildings.

That was enough for the Downtown Memphis Commission to ask Environmental Court Judge Larry Potter to order an engineer’s inspection of the long-vacant building.

In March, the city and the DMC filed suit against Long Development LLC, the owner of the vacant, 115-year-old property. The suit alleged the building was in such poor shape that water was seeping through the walls and damaging the buildings on either side.

The lawsuit had an August trial date, but after DMC officials notified inspectors and the court about the roof collapse, a hearing was scheduled for Wednesday.

– Amos Maki

Colonial Country Club To Reopen South Course July 31

As part of an overall strategic plan to reinvigorate and sustain Colonial Country Club, the South Course is scheduled to reopen for play Friday, July 31, after undergoing a number of quality and playability improvements.

Improvements to the South Course include tournament collars added to all of the greens, which will improve the aesthetic look with more definition and provide tighter lies for shots just off the putting surface.

In addition, there is a new short-game practice area.

Earlier this year, CC Club Holdings retained Atlanta-based Redwood Six Golf to oversee all aspects of day-to-day operations. Together the parties have developed a multifaceted plan to elevate the club’s stature and position it for ongoing success.

A unique element of Colonial’s strategy is the proposed repurposing of Colonial’s North Course property. CC Club Holdings has filed an application with the Land Use Control Board to turn the 18-hole North Course into a 162-acre residential development. The plan is to use the funds generated to retire the club’s debt and apply the net proceeds to fund improvements to the South Course and club amenities.

The top priorities for improvements beyond the South Course are substantial upgrades to the clubhouse, renovation of the pool complex and enhancements to the fitness and tennis facilities.

– Don Wade

Nonprofit Just City Looks For Executive Director

A new nonprofit group working on criminal justice issues is seeking an executive director and forming its board of directors.

Just City was founded earlier this year specifically to advocate for due process issues in the local criminal justice system and to promote solutions to the issues of mass incarceration outside the criminal justice system.

The group announced five new board members: Reggie Davis, executive director, Streets Ministries; Elena Delavega, social work professor, University of Memphis; Jeanne Jemison, retired physician; Patrick Hendricks, mayor’s office, City of Memphis; and Elle Perry, journalist.

The new board members join existing board members Daniel Kiel, Darrell Cobbins and Nishta Mehra.

– Bill Dries

Haslam’s Infrastructure Tour To Start in Memphis

Tennessee Gov. Bill Haslam and Tennessee Transportation Commissioner John Schroer will tour the state for six weeks to talk about infrastructure and transportation needs.

The tour, which comes as Haslam considers raising the state’s gas tax for the first time in 25 years, will kick off in Memphis Aug. 5 at the Greater Memphis Chamber.

It also comes as Schroer announced July 24 that the state would delay for another year putting the Interstate 55 roundabout project out to bid. The yearlong delay is to review alternatives to closing the Memphis-Arkansas Bridge to all traffic for nine months as part of the construction process.

Tennessee currently uses a pay-as-you-go model for such projects and doesn’t incur debt.

“We know that we can’t depend on the federal government to be the funding partner that it once was,” Haslam said.

Schroer said in a written statement he is looking for comments during the meeting that will help the administration prioritize road projects.ß

– Bill Dries

Feds Grant $1.7M to St. Jude Pediatric Cancer Survivors

A St. Jude Children’s Research Hospital program aimed at tracking health outcomes of pediatric cancer survivors has received a $1.7 million federal grant.

The St. Jude Lifetime Cohort Study, started in 2007 and led by Dr. Melissa Hudson, seeks to gain insight into long-term effects of the illness and the treatments used on kids. The research will allow doctors to make better decisions on treatment options for childhood cancer.

The St. Jude Life study currently is made up of patients 18 and older who received their diagnosis at least 10 years ago. The new funding will expand the scope, bringing in patients diagnosed between five and 10 years ago.

It also will pay for meals, housing and transportation for the patients.

– Daily News staff

Electrolux Cools Off 300 Memphis Residents

As the dog days of summer wear on, Electrolux has provided some relief in the form of cool air to 300 Memphis residents.

The donation of energy-efficient Frigidaire room air conditioners, worth a total of $72,000, is part of the Keeping Memphis Cool initiative. Priority was given to households with seniors, disabled residents and those who have lost their jobs or are on medical leave.

This is the third year Electrolux has partnered with Neighborhood Christian Centers to donate the air conditioners. Since July 2013, the company has donated air conditioners and cooking appliances worth more than $290,000 to disadvantaged Memphians.

Electrolux makes cooking products at its Memphis manufacturing facility, where it employs about 700.

– Daily News staff

PROPERTY SALES 207 263 9,865
MORTGAGES 197 246 10,862
BUILDING PERMITS 138 686 21,643
BANKRUPTCIES 0 256 6,219