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VOL. 130 | NO. 53 | Wednesday, March 18, 2015

Daily Digest

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Nike Applies for $2.2 Million in Building Permits

Nike Inc. has applied for two building permits totaling $2.2 million for alterations to its distribution center at 3100 New Frayser Blvd.

Elk Grove, Ill.-based Wynright Corp. filed the applications with the city-county Office of Construction Code Enforcement for the $1.8 million and $450,000 permits, which are part of Nike’s massive expansion in Frayser.

In 2012, the board of the Memphis and Shelby County Economic Development Growth Engine approved a 15-year payment-in-lieu-of-taxes agreement with Nike for the expansion. According to the approved PILOT, the expansion would retain 1,600 jobs and add 250 more once the larger facility opens.

Nike says the $276 million, 1.7 million-square-foot addition should be complete later this year.

Source: The Daily News Online & Chandler Reports

– Amos Maki

Dunavant Names Prosecution Team for Jackson Retrial

Preliminary hearings in the case of a Memphis woman who received a new trial in the stabbing death of her mother continue in Shelby County Criminal Court.

Mike Dunavant, the special prosecutor in the second-degree murder case against Noura Jackson, announced in a Monday, March 17, hearing before Judge Chris Craft that he has assigned assistant district attorneys Walt Freeland of Tipton County and Mark Davidson of Fayette County to the case.

Dunavant is the district attorney general for the 25th Judicial District, which covers parts of West Tennessee outside Shelby County. He was sworn in as special prosecutor last week after Shelby County District Attorney General Amy Weirich recused her office from Jackson’s retrial.

Jackson was found guilty of stabbing her mother, Jennifer Jackson, more than 50 times in their home in 2005. She was convicted of second-degree murder and sentenced to 20 years and months in prison.

The Tennessee Supreme Court ordered a retrial last year, ruling that prosecutors didn’t turn over evidence to the defense they should have and that Weirich, then an assistant district attorney, made improper statements to the jury in her closing arguments.

Jackson’s attorney is seeking her release from prison pending the retrial. So far, Craft has not set a hearing on the request.

– Bill Dries

Boyle-Affiliated Company Buys Schilling Farms Land

A company affiliated with Boyle Investment Co. has sold vacant land inside the Memphis-based company’s Schilling Farms development in Collierville to another Boyle-related entity.

Schilling Apartment Investors LLC, which is affiliated with Boyle, bought the vacant land from Schilling Farms LLC, another Boyle-related entity, for $1.1 million, according to a March 2 warranty deed. Charles Claiborne, the treasurer of Schilling Farms LLC and chief financial officer for Boyle, signed the warranty deed.

Schilling Farms is Boyle’s 443-acre mixed-use development in Collierville.

The Daily News Online & Chandler Reports

- Amos Maki

BankTennessee Makes New Hires, Announces Promotions

BankTennessee has announced several new hires and promotions.

Traci Stewart has been promoted to assistant branch manager for the bank’s East Memphis office, at 5540 Poplar Ave. She started as a teller in 2007 and was later promoted to customer service representative in 2013.

The bank also promoted William Norris to assistant branch manager of the bank’s Downtown Memphis office. Norris has about six years of banking experience and has worked with the bank for two years as teller supervisor and in customer service support.

Meanwhile, Coleen Sumner recently joined BankTennessee in the loan operations department, and Charlene Looney joined the bank as loan processor.

Prior to joining BankTennessee, Looney was in the loan administration department at First Tennessee Bank for 15 years.

Jessica Campbell also recently joined BankTennessee as mortgage specialist. Prior to joining the bank, she was mortgage loan manager at First South Credit Union for almost nine years.

– Andy Meek

More Than 13,000 Memphis Potholes Lead to 300 Claims

Officials say a fund has been established to help pay more than 300 claims from motorists who ran over potholes created by icy roads in Memphis.

Tennessee experienced winter storms in February and March that dropped freezing rain, sleet and snow on city roads. Potholes were caused when roads froze, then thawed, causing cracks in the asphalt that broke apart as vehicles drove over them.

Officials said Monday that work crews have fixed more than 13,700 potholes on Memphis roadways in the past two weeks.

The city has received more than 300 claims for damages caused by potholes. A $20,000 Pothole Relief Fund has been established to settle claims.

– The Associated Press

PROPERTY SALES 57 57 1,266
MORTGAGES 48 48 964