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VOL. 130 | NO. 176 | Thursday, September 10, 2015

Daily Digest

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CBU Files $5 Million Permit for New School of the Arts

Christian Brothers University has filed a $5 million building permit application with the city-county Office of Construction Code Enforcement to go toward its $8 million Rosa Deal School of the Arts.

The 40,000-square-foot building is the one of the cornerstones of the private university’s $70 million capital campaign for its campus at 650 East Parkway S. Grinder, Taber & Grinder Inc. is listed in the permit as the general contractor. Construction is expected to begin within a couple weeks and last for 14 months. Classes will start in the building in spring 2017.

The three-story building will house offices and facilities for several departments including literature and languages, behavioral sciences, psychology, and visual and performing arts. Features are to include 14 classrooms with high-tech audio-visual capabilities; a large meeting room; theater-practice and small-performance space; visual arts studios; two computer labs; a student lounge; an honors program lounge and classroom; a psychology lab with video monitoring and isolated assessment rooms with two-way communication; a writing center and language center; and gallery space for artwork and display space for scholarly work.

– Madeline Faber

Memphis-Based Binswanger Acquires Houston Company

Binswanger Glass has acquired a Houston-based contract glazing business, Signature Glass Inc.

Memphis-based Binswanger, an affiliate of private equity firm Grey Mountain Partners, announced the acquisition Wednesday, Sept. 9.

Signature Glass, which was founded in 1999 by Mike and Sandy Skobla, will continue to serve its Houston-area customers under a newly formed Binswanger subsidiary, Signature Glass Holdings LLC.

Tim Curran, president and CEO of Binswanger, said the acquisition is “representative of the strategic growth plan for Binswanger Glass, which comprises bolstering our presence in growing markets such as Houston, expanding into new geographies outside of our current footprint, and partnering with strong operators that have built a dependable team of glaziers.”

Binswanger Glass is a full-service designer, retailer and installer of architectural glass and aluminum products within the construction, residential and automotive markets. Founded in 1872, it has 66 locations across 15 states.

– Daily News staff

Memphis Job Corps Center Gets $42.2 Million Federal Contract

The U.S. Department of Labor has awarded a five-year, $42.2 million contract to the Benjamin L. Hooks Job Corps Center.

The money will support 232 students who live at the Memphis center as well as 55 non-resident students.

Located at 1555 McAlister Drive in Whitehaven, the Job Corps Center opened in 1998 and serves students ages 16 to 24 with career, technical and academic training. It specifically targets students who have dropped out of school.

U.S. Rep. Steve Cohen announced the contract Tuesday, Sept. 8.

“The multimillion-dollar infusion of federal funds will help the Memphis Job Corps Center keep its doors open for hundreds more young people who have dropped out of school,” Cohen said in a written statement.

– Bill Dries

Multimillion-Dollar Memphis Home to be Auctioned

A 10,500-square-foot East Memphis home will hit the auction block next week.

Located at 6414 Blue Heron Cove, the four-bedroom, nine-bathroom house will be the site of the auction to be held Tuesday, Sept. 15.

The 2015 appraisal for the building and land totals $2.4 million, according to the Shelby County Assessor of Property.

It will be the first multimillion-dollar single-family residential property in the Memphis market to be offered auction, according to sale manager Morris Auction Group.

Pre-qualified bidders can contact Memphis-based Morris Auction for a private appointment to preview the property this week.

“We decided that with the auction method, Morris Auction Group will focus on the property, exclusively showcasing it throughout the marketplace to provide maximum visibility amongst the target market and the most likely interested buyers,” homeowner Steve Bell said in a statement. “In addition, the auction method creates a sense of urgency to promote buyer interest and action.”

– Madeline Faber

Southern Junkers Holding Fall Sale in Overton Square

Transformed trash will be on display in Overton Square this weekend.

Southern Junkers will host its annual fall market in the entertainment district’s Tower Courtyard Saturday, Sept. 12, from 9 a.m. to 7 p.m. and Sunday, Sept. 13, from 10 a.m. to 5 p.m.

The group of artisans will display its repurposed finds from estate sales, yard sales, markets, dumpsters, abandoned homes and curbs. The market will be a juried show featuring longtime Southern Junkers vendors and new, vetted makers.

Items for sale will include furniture, vintage gifts, art, handmade accessories and jewelry.

Live music to coincide with the market is planned for the courtyard stage. On Saturday, Minor Street Strings will play from 11 a.m. to 2 p.m. and Mason Jar Fireflies from 5 p.m. to 6:30 p.m. On Sunday, Grace Gordon will play from 12:30 p.m. to 1:30 p.m.

The event is free and open to the public. Visit southernjunkers.com for more information.

– Daily News staff

Memphis Zoo Preps for Largest Annual Fundraiser

It’s a busy week at the Memphis Zoo as the destination prepares for Zoo Rendezvous, its largest annual fundraiser.

The Saturday, Sept. 12, event – dubbed Viva la Zoo! this year – will be held at the zoo, 2000 Prentiss Place, from 7 p.m. to 10:30 p.m. The Memphis Zoo will close to the public at 3 p.m. Saturday with last admission at 2 p.m.

It will feature more than 80 restaurants and bars and entertainment on four stages. Almost Elton John, Tyrone Smith Review, The Kathryn Stallins Band, The Kick’s and 2Hipnotic are set to perform. A specialty sports bar also will show three football games throughout the night.

Tickets for the 21-and-up event are $200; visit memphiszoo.org for more information or to purchase tickets.

Iberiabank is Zoo Rendezvous’ platinum sponsor. Other premium sponsors include Advanced Dermatology & Skin Cancer Associates; AutoZone; Bors-Koefoed “BK” Family; Joseph C. DeWane, M.D.; and Mercedes-Benz of Memphis.

– Daily News staff

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 81 201 16,108
MORTGAGES 40 104 10,026
FORECLOSURE NOTICES 0 8 1,417
BUILDING PERMITS 130 336 38,272
BANKRUPTCIES 28 56 7,528
BUSINESS LICENSES 11 24 2,777
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0