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VOL. 130 | NO. 87 | Tuesday, May 5, 2015

Daily Digest

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Investors Buy Poplar Avenue Starbucks for $1.6 Million

Tennessee investors have acquired a Starbucks location at 3388 Poplar Ave. in the University of Memphis area for $1.6 million.

Brentwood, Tenn.-based JAK PEN LLC bought the Starbucks building from Georgia-based Poplar 3388 GP, according to an April 24 warranty deed. In 1999, Poplar 3388 GP bought the property from Taco Bell of AM Inc. for $420,000.

The 1,896-square-foot building sits on less than half an acre at the northwest corner of Poplar and Prescott Street.

The Shelby County Assessor of Property’s 2014 appraisal is $427,400.

– Amos Maki

Source: The Daily News Online & Chandler Reports

Juvenile Justice Forum Set for May 16 in Frayser

The Juvenile Justice Consortium of Memphis and Shelby County is holding a public forum May 16 in Frayser to hear from parents and juveniles about their experiences with Memphis-Shelby County Juvenile Court.

The session at the Ed Rice Community Center, 2907 N. Watkins St., is from 11 a.m. to 1 p.m.

The establishment of a 14-member consortium is one of the requirements of the settlement agreement Shelby County government and the court entered into with the U.S. Justice Department.

The settlement followed a scathing Justice Department report that was critical of the court for failures in due process standards as well as disproportionately harsher punishments for African-American juveniles as well as their transfer for trial as adults.

– Bill Dries

Martin Tapped As American Athletic Conference CFO

Stacy Martin is leaving her executive position in the University of Memphis athletics department to become chief financial officer of the American Athletic Conference, AAC commissioner Mike Aresco announced.

Most recently Martin was executive senior associate athletic director for finance and administration at the U of M, one of The American’s 11 member schools. Martin joined Memphis in 2012 and worked closely with the conference office through its rebranding process prior to the 2013-14 academic year.

Before joining the staff at Memphis, Martin served as assistant athletic director for business at Kansas State.

– Don Wade

Tigers’ McCain, Ifedi Taken in NFL Draft

Two seniors on the 2014 University of Memphis football team were selected in the 2015 NFL Draft.

Bobby McCain and Martin Ifedi were picked last Saturday by the Miami Dolphins and St. Louis Rams, respectively, during the draft.

The Dolphins chose McCain with the ninth selection of the fifth round, the 145th pick overall. The Rams took Ifedi with the 10th selection of the seventh round, the overall 227th pick.

As a four-year mainstay at cornerback, McCain had 12 career interceptions for 246 yards and through last season led all active FBS players with four interceptions returned for touchdowns. During his career, McCain notched 136 total tackles including 108 solo stops. He broke up 15 passes, recovered three fumbles and forced another.

At the conclusion of the 2014 season, league coaches named McCain to the American Athletic Conference’s all-league first team.

Memphis’ all-time leader in quarterback sacks with 22.5 (-125 yards), Ifedi also finished his career ranked tied for fourth in tackles for lost yardage with 36 (-159 yards). He wrapped up his playing career ranked sixth among active NCAA FBS players in total quarterback sacks. Despite missing four games this season due to an injury the first half of his senior season, Ifedi had 140 total tackles, four pass breakups, four fumbles forced and two fumbles recovered during his career.

Ifedi was named to The American’s postseason all-conference team for a second straight year in 2014.

Memphis now has had 123 players drafted by the NFL.

– Don Wade

New Project Promotes Music ‘Triangle,’ Including Memphis

Blues. Jazz. Country. Rock ‘n’ roll. Gospel. Southern Gospel. Cajun-zydeco. Soul/ R&B. Bluegrass.

Nine of America’s most well-known music genres now have their own road map.

Led by Nashville preservationist Aubrey Preston, a group of historians and music lovers have come up with the “Americana Music Triangle.”

Stretching from Nashville to Memphis to New Orleans — and encompassing points in between — the triangle includes locations in the South that contributed to the birth of the musical genres, from Clarksdale, Miss., the home of blues masters Muddy Waters and John Lee Hooker, to Muscle Shoals, Ala., site of the famed music studio where Aretha Franklin, the Rolling Stones and others recorded songs.

Destinations are connected by the so-called “Gold Record Road,” a 1,500-mile stretch of highway made up of Interstate 40 from Nashville to Memphis, Highway 61 —the Blues Trail — from Memphis to New Orleans, and the Natchez Trace Parkway from Nashville to Natchez, Mississippi. Travelers planning road trips can use a flashy website, or web “guide,” pinpointing destinations in the triangle and describing points of interest in more than 30 communities in Tennessee, Alabama, Mississippi, Louisiana and Arkansas.

– The Associated Press

Teens Still Critical 6 Weeks After Resort Poisoning

Two Delaware teenagers are still in critical condition more than six weeks after a banned pesticide was sprayed at the Caribbean resort where they were staying, their family said Monday.

Sean and Ryan Esmond and their parents fell ill after an applicator working for Terminix used the pesticide methyl bromide at the resort in the U.S. Virgin Islands.

The teens are hospitalized in Philadelphia. Their father and mother, Stephen Esmond and Theresa Devine, continue to undergo therapy, said the statement, which provided the first update on the family’s medical condition in a month.

“The Esmond Family thanks the nation for its outpouring of support and concern for the family’s recovery from this unthinkable tragedy of pesticide poisoning during their family vacation,” the statement said.

The Environmental Protection Agency, Department of Justice and authorities in the Virgin Islands are investigating.

The EPA said in April that its probe had found the toxic pesticide was used at the Sirenusa Condominium Resort in St. John several times in the past, and may have improperly been used in Puerto Rico. The agency banned the chemical for residential use in 1984.

Stephen Esmond is head of a private middle school in Wilmington, Delaware, and Devine is a dentist in the Philadelphia suburbs.

Terminix is owned by ServiceMaster Global Holdings Inc., which is based in Memphis.

ServiceMaster CEO Rob Gillette said in an April 28 earnings conference call with analysts that the company is coopering in the U.S. Justice Department’s criminal investigation of the incident. It also is conducting an internal investigation.

Gillette said ServiceMaster has already set aside $3 million in the current quarter due to the incident. The amount is the equivalent of the liability insurance involved for such an occurrence.

– The Associated Press

PROPERTY SALES 85 205 21,165
MORTGAGES 76 206 24,338
BUILDING PERMITS 183 321 43,755
BANKRUPTCIES 48 92 13,560