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VOL. 130 | NO. 130 | Tuesday, July 7, 2015

Daily Digest

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Portion of Future Collierville Retirement Community Sells

Retirement Cos. of America LLC has taken a new step in its plan to bring a retirement development called The Farms at Bailey Station to South Houston Levee Road in Collierville.

The company transferred 2.9 acres of property in the Ballard Property Outline Planned Development from one entity, PSALMS Inc., to another, Luke Inc., for $1.5 million, according to a June 30 special warranty deed.

Memphis-based Retirement Cos. of America owns 36 acres in the area and plans to develop a sprawling community that includes garden homes and luxury apartments for seniors. RCA, which has been working on the retirement community for more than 10 years, built the 2,800-square-foot model center located at 10013 Grand Central Circle East in 2012.

The Farms at Bailey Station will have multiple components, including a 259-unit apartment building, room for 63 single-family homes, a 60,000-square-foot commons area (within the apartment building) and a medical clinic.

The commons area will feature a food court, theater, performing arts center, library, health club and pool, bank, beauty shops, gift shop and financial center.

The retirement community will sit on the east side of South Houston Levee Road, north of the Life Time Fitness Inc. health club. Luke Inc. also owns 10 acres south of the development where the company plans to build a medical complex with a nursing home, assisted-living facility, Alzheimer’s center, medical office building and physical/occupational rehab area.

The first phase will be composed of roughly half of the apartments and half of the single-family houses.

The Farms at Bailey Station is a sister community to Kirby Pines Retirement Community, which is owned by PSALMS Inc. Both properties are managed by RCA.

Luke Inc. filed three loans at the time of the June 30 transfer, including an $8.1 million loan through Iberiabank, a $3.5 million loan through PSALMS Inc. to finance 9.3 acres of the development, and a $1.5 million loan through Retirement Cos. of America. All three are due June 30, 2018.

– Chandler Reports & Daily News Online

New Restaurant to Open at Carriage Crossing This Fall

A casual American restaurant brand is opening its first Tennessee location at Collierville’s Carriage Crossing this fall.

Hickory Tavern currently operates 20 restaurants in North Carolina, South Carolina and Alabama. In addition to traditional American fare, it offers a full bar, 40 wine selections and 100 beer selections. It also shows a variety of sporting events.

“With the exciting things that are happening in Carriage Crossing we felt that it represented a golden opportunity for us,” said Brad Smith, founder and CEO of Hickory Tavern. “We have nothing but respect for the existing operators in the center and we’re thrilled to become part of the business community. We’re hoping to add to the mix and contribute as much as we can to the center.”

Hickory Tavern’s Collierville location also will feature an indoor and outdoor patio with flat screen televisions.

– Daily News staff

Christ Community Health Gets $1.8 Million in Federal Funds

Christ Community Health Services in Memphis has won nearly $1.8 million in federal funds to help train more primary care doctors, with the goal of increasing access to health care services in the Memphis area.

This funding comes through the Health Resource and Services Administration’s $230 million nationwide Teaching Health Center Graduate Medical Education program, which was created as part of the Affordable Care Act.

To help achieve the program’s goal of increasing the number of primary care residents and improving access to health care services for the economic and medically vulnerable, the Teaching Health Center Graduate Medical Education initiative provides help and funding for medical education expenses for training residents in new or expanding community-based primary care residency programs.

Seventy-five percent of Teaching Health Centers are in underserved communities.

– Andy Meek

CTI Unveils Millington Professional Flight School

CTI Professional Flight Training is set to unveil its FAA-approved flight school at Millington Regional Jetport at a grand-opening ceremony and open house this week.

Festivities are scheduled to begin on Friday, July 10, at 2 p.m. with a formal ribbon-cutting ceremony at its facility, 8101 Hornet Ave., just south of the Millington Regional Jetport Terminal. CTIPFT’s chief flight instructor, Joseph MacDougall, will be on hand to answer questions about pilot training, which ranges from part-time private lessons to full-time FAA commercial training.

During an open house Saturday, July 11, starting at 1 p.m., the public can tour the facility and aircraft, enjoy refreshments and giveaways, and try out CTIPFT’s full-motion flight simulator.

CTIPFT has offered flight training at its Florida location since 1988, but has recently started training pilots at the Millington Regional Jetport.

“With our strong connection to the Memphis and Shelby County community, and the great facilities and local support available in Millington, creating our state-of-the-art campus here was the obvious choice,” says Alan Mullen, president and CEO of CTIPFT.

The company’s newly renovated 20,000-square-foot building and hangar includes classrooms, briefing rooms, and a dispatch tower with a 270-degree view of the airport’s ramp and runway.

– Daily News staff

University of Memphis Athletics Communications Staff Honored

The University of Memphis athletics communications staff received 12 national awards for its publications and posters for the 2014-15 academic year. That led the nation as the College Sports Information Directors of America announced its final results for its annual publications contests.

Also recently, the National Association of Collegiate Marketing Administrators recognized the Memphis marketing staff with two awards – a silver award in video board segment and a bronze award in radio commercial spots.

In the final standings for CoSIDA publications awards, Kansas and Oklahoma tied for second in total number of national honors, each earning eight.

Among Memphis’ 12 awards were six “Best Cover” designs for publications. Designed by assistant athletics communications director Brandon Kolditz, Memphis’ baseball, women’s basketball, cross country, rifle and men’s soccer guides were all singled out as having the nation’s best cover design in respective categories. Memphis’ Olympic sport game-day programs also were recognized as having the “Best Cover” design in the Single Sport Program category.

Kolditz collaborated with Memphis communications staff members Lamar Chance, Tammy DeGroff and Ron Mears along with former interns Will Edwards and Julie Nelson in the production of the publications recognized by CoSIDA. Imagery for the publications was provided by photographer Joe Murphy.

In addition to earning “Best Cover” recognition, Memphis’ 2014 Men’s Soccer Guide was distinguished as the “Best in Nation.” Five other publications were recognized with second-place recognition in a variety of categories.

Memphis’ 2014 Miami Beach Bowl guide was a national runner-up in the postseason guide category and the publication was the highest-rated bowl guide. Memphis’ volleyball poster ranked second in the Fall Poster category. The U of M’s 2014 Cross Country and Volleyball Guides each were national runner-ups.

– Don Wade

Tennessee Lawmaker Slows Effort to Remove Forrest Bust

A Tennessee lawmaker says he plans to slow the effort to remove a bust of a Confederate general and Ku Klux Klan leader from the halls of the Tennessee Capitol.

House Majority Leader Gerald McCormick told The Chattanooga Times Free Press that he thinks a calmer discussion is needed before a final decision is made. He said there has been a wave of “hysteria” over Confederate symbols since the recent massacre of nine people at a black church in South Carolina.

McCormick said he still favors removing the statue and intends to talk about the bust when Tennessee’s State Capitol Commission meets July 17, but says the issue needs “a calm, reasonable discussion.”

– The Associated Press

PROPERTY SALES 57 57 1,266
MORTGAGES 48 48 964