VOL. 10 | NO. 18 | Saturday, April 29, 2017
Live at the Garden Lineup Features New and Old
The 2017 Live at the Garden concert series at Memphis Botanic Garden is mixing in some current sounds with nostalgia in the summer lineup of five concerts announced Wednesday, April 26.
The concert series is sponsored by Duncan-Williams Inc. The acts slated to perform this season include:
• June 23 – Little Big Town
• July 1 – Boston
• Aug. 11 – Drew Holcomb & The Neighbors, with St. Paul and the Broken Bones
• Aug. 26 – Seal
• Sept. 15 – Steve Miller
Season subscriptions are on sale and tickets to individual shows in the series go on sale starting May 12.
– Bill Dries
UTHSC, Methodist Exec Headed to Arizona
A well-known cardiologist who holds leadership roles at the University of Tennessee Health Science Center and Methodist Le Bonheur Healthcare is headed west for a new job.
Dr. Guy Reed, who currently serves as chair of UTHSC’s Department of Medicine and interim executive vice president of Methodist Le Bonheur, has been named dean of the University of Arizona College of Medicine-Phoenix.
He is moving with his wife, Elizabeth, to Phoenix to assume his new position in July.
Reed is an internationally recognized cardiologist, known for his research into the mechanism of blood clots and vascular disease.
Prior to joining UTHSC, he worked as an associate physician at Massachusetts General Hospital. He’s also been part of the faculty at the Harvard Cardiovascular Biology Laboratory and was recruited as a Georgia Research Alliance Eminent Scholar and the Kupperman Professor and Chief of Cardiology.
Through grant support from the National Institutes of Health, he translated his laboratory research findings into a clot-dissolving therapy to treat patients with strokes and heart attacks, which is now in clinical trials.
In 2015, the company he founded to translate his science into therapy, Translational Sciences Inc., signed an exclusive licensing agreement with Tokyo-based Daiichi Sankyo Company Ltd. to develop and commercialize the clot-dissolving treatment for patients.
Reed will be the third dean of the UA College of Medicine-Phoenix. The medical college opened its doors in 2007.
– Andy Meek
Tigers Closer on List For Stopper of the Year
University of Memphis junior closer Colton Hathcock has been named to the Midseason Watch List for the 13th annual National Collegiate Baseball Writers Association Stopper of the Year Award.
Hathcock picked up his 11th save of the season this week in a win at Arkansas State, moving him into a tie for eighth nationally in the save category. The 11 saves are the third most by a Tigers pitcher in a single season in school history. The single-season program record for saves is 14, set by Nolan Blackwood in 2015.
The right-hander has made the transition to the backend of the bullpen this season after serving as the team’s Friday night starter in 2016.
In 19 appearances this season, Hathcock has a 2-2 record and a 3.08 ERA with 35 strikeouts in 26 1/3 innings pitched.
Throughout his three-year career at Memphis, he has a 3.80 ERA in 151 2/3 innings pitched.
The Atoka, Tennessee, product has 145 strikeouts to 69 walks in his career. Hathcock is among 40 players on the watch list and one of just two American Athletic Conference pitchers to be recognized, joining UConn’s Mike Russell.
Hathcock isn’t the first Tigers closer to receive national recognition. Blackwood, Memphis’ career saves leader, was named to the midseason watch list in 2015 and Jonathan Van Eaton received the same honor in 2013.
– Don Wade
TVA Adding Solar Panels At New Allen Plant
The Tennessee Valley Authority is adding more solar to its generation portfolio with the construction of a solar facility at the Allen combined cycle gas site in Memphis.
The one-megawatt facility will be the largest TVA-owned solar project in its service area.
Construction is underway and the plant should be producing power by September, TVA announced in a release.
More than 3,000 solar panels will be installed on about 3 acres along Riverport Road next to the new Allen gas plant, which is also under construction and will be powered by natural gas instead of coal. The $1.3 million solar installation will produce enough electricity to power about 120 average homes.
Along with five megawatts of biogas generation, the Allen combined cycle project will produce enough renewable energy to power approximately 2,900 average homes.
TVA said it expects to invest about $8 billion to support its renewables portfolio over the next 20 years. TVA currently has more than 400 megawatts of renewable solar power under contract from other entities.
TVA’s renewable energy programs reflect its commitment to a diversified, cleaner energy mix that best serves the power needs of businesses and residents of the Tennessee Valley, the public utility said, while continuing to provide reliable power at the lowest cost possible.
– Daily News staff
Bankers Association General Counsel to Depart
Tim Amos, the Tennessee Bankers Association general counsel who’s well-known among bankers, legislators and the legal community across the state, is leaving the group after nearly 33 years.
He’s starting his own legal and governmental affairs consultancy.
Among his accomplishments with the organization, Amos initiated and passed updates to the Uniform Commercial Code, the backbone of commercial practice, and helped pass revisions to Tennessee’s trust and fiduciary statutes, making Tennessee one of the preferred destinations for the location of trust operations.
– Andy Meek
Commercial Bank & Trust Taps Community President
Commercial Bank & Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.
Gladney served as a loan officer and manager for the bank’s Raymond James branch since 2009.
She has more than 25 years of banking experience, and she served as both a retail and commercial lender and as a community bank president prior to joining Commercial Bank & Trust.
– Andy Meek
Shelby Co. Unemployment Rate Dips Slightly in March
The unemployment rate in Shelby County dropped from 5.5 percent in February to 5.4 percent in March, according to the Tennessee Department of Labor and Workforce Development.
The department reports that compared to February, unemployment rates for March 2017 decreased in 91 counties across the state, increased in three and remained the same in one.
Davidson County had the state’s lowest major metropolitan rate in March at 3.4 percent, a decline from 3.6 percent in the prior month.
Knox County’s March rate was 3.9 percent, decreasing from February’s 4.1 percent. And Hamilton County saw its jobless rate decline from 4.8 percent in February to 4.5 percent in March.
The average unemployment rates for Tennessee and the U.S. fell by two-tenths of a percentage point in March to 5.1 percent and 4.5 percent, respectively.
– Daily News staff
Crosstown Concourse Holding Job Fair April 29
Crosstown Concourse is hosting a job fair Saturday, April 29, as tenants work to fill positions before the mixed-use vertical urban village opens Aug. 19.
More than 60 positions with 15 Concourse businesses will be available at the hiring event, which runs from 10 a.m. to 2 p.m. in the Central Atrium of the Concourse, 1350 Concourse Ave.
Tenants participating in the fair include: A Step Ahead Foundation, Area 51 Ice Cream, Church Health, Crosstown Arts & Theater, French Truck Coffee, G4S Secure Solutions, I Love Juice Bar, ISS Facility Services, Mama Gaia, Methodist Le Bonheur Healthcare, nexAir, So Nuts & Confections, Tech901, The Curb Market and The Kitchen Next Door.
The positions span a range of fields, including health care, arts, operations, retail and security. Experience requirements range from none to extensive.
“It is our desire to reach the surrounding neighborhoods and offer as many job opportunities as we can to our neighbors,” said Crosstown Concourse co-leader Todd Richardson in a written statement. “We hope that we will see a great community turnout for our first hiring event inside the walls of Concourse.”
Participating tenants will have a limited number of free bus passes available to help job seekers make it to the fair. Visit crosstownconcourse.com/jobfair to register for the event.
– Daily News staff
Millington Huey’s To Open May 8
Huey’s will open its Millington location – the ninth for the Memphis-based restaurant chain – on May 8 at 11 a.m.
The property is located at 8570 U.S. 51 N. in the Shoppes of Millington Farms, a 125,000-square-foot retail center being developed by Gil Ryan just north of Lowe’s.
The general contractor, Traditional Construction Co. Inc., started the project in mid-December. The restaurant measures a little more than 4,100 square feet and includes a 900-square-foot patio, and the restaurant will seat about 200.
About 70 employees are already on board and applications are still being accepted.
– Andy Meek
‘Family Pack’ Offered For April 28 Redbirds Game
The Memphis Redbirds have announced the “Papa John’s Friday Family Pack,” a promotion that includes four Field Box tickets to the Friday, April 28, game at AutoZone Park and a wide range of ballpark food and Papa John’s favorites.
With the purchase of four Field Box tickets, fans will also receive four free hot dogs, four free sodas, one free bottomless popcorn, and coupons for two free large Papa John’s pizzas with up to three toppings. The package costs $64.
Additional tickets may be purchased beyond the four, and each extra ticket includes a free hot dog and soda. For every four additional tickets purchased, fans receive one free bottomless popcorn and coupons for two free large pizzas.
The “Papa John’s Friday Family Pack” may be purchased online at memphisredbirds.com/papajohnsfamilypack, via phone at 901-721-6000, or at the AutoZone Park Box Office, and it must be purchased at least 24 hours in advance.
The upcoming homestand also includes fireworks after Saturday night’s game.
– Don Wade
Pinch Concept Plan Passes Council’s First Reading
The concept plan that would guide development of the nine-block area between Bass Pro Shops at the Pyramid and St. Jude Children’s Research Hospital was approved by the Memphis City Council Tuesday, April 25, on the first of three required readings.
The Pinch concept plan is a key part of the Memphis Bicentennial Gateway Project that Mayor Jim Strickland unveiled in January. The project includes renovating the Memphis Cook Convention Center and fielding proposals for a second convention center hotel.
In other action Tuesday: the council approved a special use permit for the conversion of Central Station to a Curio By Hilton branded hotel.
The council also approved a rehabilitation facility on Austin Peay Highway north of Singleton Parkway that includes other retail uses as well.
A vote on a convenience store/gas station on South Parkway East at Interstate 240 was delayed by the developers after the project drew opposition from the Land Use Control Board before reaching the council.
The council gave the greenlight to $788,500 in funding for installation of the Martin Luther King-I Am A Man Plaza south of Clayborn Temple. The church served as a center of the civil rights movement in the 1960s and 1970s.
Many of the marches during the 1968 sanitation workers strike that brought King to Memphis started outside Clayborn Temple.
The city of Memphis and the UrbanArt Commission partnered to build the plaza, which will serve as a focal point of next year’s citywide commemoration of the 50th anniversary of the strike and King’s assassination. The plaza is on land currently used for parking and the city will spend another $1 million for landscaping and other improvements.
Council members also approved Tuesday the $170,000 purchase of an old railroad right of way near Central Avenue and East Parkway that will become part of Spanish-American War Park on the southwest corner of the intersection.
And the council approved $475,811 in funding for a Mud Island dog park.
– Bill Dries
Lawyers: Proposed Rule Could Hide Public Records
Lawyers for several media organizations are raising concerns that that a proposed court rule could bar both citizens and the press from getting court records.
Some against proposed Supreme Court Rule 34 have written letters saying they worry that the language in it gives new powers to lower courts to block the public from seeing records.
The Tennessee Bar Association raises concerns that the current language of the draft would allow lower courts to create a patchwork of exemptions to the public records act around the state.
There is criticism that the language is overly broad and records that should be public could be closed as a result of the wording.
One of the attorney’s letters said the proposal doesn’t say what citizens should do when they’re denied records.
– The Associated Press
Tenn. School Bus Seat Belt Bill Placed in Budget Limbo
A Tennessee bill to require seat belts in new school buses bought after July 2019 is in budget limbo while lawmakers examine the cost and whether the state will cover it.
The House Finance, Ways & Means Subcommittee put the legislation on hold Wednesday because it’s currently unfunded in the governor’s budget plans.
Fiscal estimates say the bill would add $12.9 million in annual costs to school districts and $2.2 million in yearly state costs. The bill was changed to make the state pay the whole cost.
Rep. JoAnne Favors, the Chattanooga Democratic bill sponsor, believes the costs were overstated because the seating capacity would likely drop by at most two seats per bus, not 12.
The bill responds to a November crash that killed six Chattanooga elementary school children.
– The Associated Press
Memphis Airport Files $4.2 Million in Permits
Memphis International Airport has filed two building permit applications totaling $4.2 million with the city-county Office of Construction Code Enforcement.
The first permit, valued at $1.5 million, calls for the demolition and expansion of an existing building at 4150 Louis Carruthers Drive.
The application lists F & F Construction Co. as the contractor and The Pickering Firm as the engineer.
The second permit application, valued at $2.8 million, calls for the renovation of existing space at 2491 Winchester Road. F & F Construction Co. is again listed as the contractor; however, this application lists The Pickering Firm as the architect and Aero Systems Engineering as the engineer.
The permits fall under a larger umbrella of infrastructure improvements that recently began at Memphis International Airport, including an updated $214 million plan to completely overhaul Concourse B, where almost all of the airport’s operations will be consolidated upon completion.
– Patrick Lantrip
Average Airfare at MEM Continues to go Down
Average airfares at Memphis International Airport have fallen for the 17th consecutive quarter, according to data recently released by the U.S. Department of Transportation.
The average airfare at MEM during fourth quarter 2016 was $374.42, a $19 decrease from the same period in 2015 when adjusted for inflation.
“We are thrilled to see our continued trend of falling average airfares at MEM,” said Pace Cooper, chairman of the Memphis-Shelby County Airport Authority board of commissioners. “This trend, coupled with our added destinations and seats, has led to steady passenger growth numbers. We continue to pursue additional frequent and affordable air service.”
The average airfare has dropped by more than $176 since peaking in 2012 when Memphis was a Delta Air Lines hub.
– Patrick Lantrip
Neighborhood Preservation Awards $10K to MLK Prep
Neighborhood Preservation Inc. has awarded Frayser Community Schools, the charter school company that operates Martin Luther King Jr. College Preparatory High School in Frayser, a $10,000 grant to improve the baseball field and other athletic and recreational facilities on the high school’s campus, 1530 Dellwood Ave.
The grant from NPI, a nonprofit focused on anti-blight efforts, follows an in-kind donation of lawn care services by TruGreen, part of the Memphis-based ServiceMaster Co. TruGreen provided seven applications throughout the year to control weeds and fertilize the school’s lawn as well as aerate the grass and add lime soil.
“Any improvements to our school’s facilities provides tangible benefits to everyone in our neighborhood,” said Bobby White, executive director of Frayser Community Schools, which is part of the state-run Achievement School District.
NPI is also working with Community Capital in the area around the school.
Community Capital project manager Quincy Jones said the work in the neighborhood is “jeopardized by several nuisance properties” close to the school.
“We are working to transform these properties so that the kids in this neighborhood can enjoy a safer and more beautiful built environment,” Jones said in a written statement.
– Bill Dries
U of M Women’s Soccer Ranked 2nd for Service
The University of Memphis women’s soccer team ranked No. 2 among all NCAA Division I institutions in community service in 2016-17, according to NCAA Team Works and volunteer management platform Helper Helper.
The Tigers were recognized for their work with St. Jude Children’s Research Hospital, the Foundation Fighting Blindness and Youth Villages, among others.
“We always talk about how fortunate our kids are to be doing what they are,” said Memphis head coach Brooks Monaghan. “This world needs people to give back and I’m so proud of this group for giving up their time and giving back to the world.”
NCAA Team Works, which coordinates community service efforts at NCAA championships, and Helper Helper, a volunteer management and tracking platform, launched the community service competition to recognize student-athletes who give back to their communities. The schools’ rankings are based on the amount of service hours completed and the participation of student-athletes.
– Don Wade
UTHSC Hires On-Campus Counseling Psychologist
Dr. Kimberly Williams Collins has been hired by the University of Tennessee Health Science Center to serve as counseling psychologist with University Health Services to help with student and employee mental and behavioral health.
Williams Collins will also support various programs to enhance the overall campus experience.
Most recently assistant director and director of training at the Counseling Center at the University of Memphis, Williams Collins brings experience in counseling as well as in supervision of postdoctoral fellows, and in providing crisis support and intervention.
Recruited by Dr. Ken Brown, executive vice chancellor and chief operations officer at UTHSC, Williams Collins will also work with Student Academic Support Services and Inclusion and with the behavioral intervention team on campus.
Williams Collins was employed at the U of M Counseling Center since May 2009.
– Andy Meek
Eye Specialty Group Seeks Implant Study Candidates
Eye Specialty Group in Memphis is participating in a nationwide clinical trial of the Implantable Miniature Telescope, a medical device for patients with end-stage, age-related macular degeneration.
The telescope implant treatment program, which is marketed under the brand name CentraSight, has already received FDA approval for use in patients who haven’t had surgery to remove a cataract. The new trial will evaluate the safety and effectiveness for patients with end-stage AMD who have had a cataract removed from the eye that will be implanted.
Smaller than a pea, the telescope implant uses micro-optical technology to magnify images, which are then projected onto the healthy portion of the retina not affected by the disease.
Eye Specialty Group has been offering the implant since 2014, and Dr. Subba Gollamudi said he’s been impressed with patients’ progress.
“Patients report they can resume hobbies, live more independently and most importantly, see the faces of their family and friends again,” he said.
Patients 65 and older interested in the trial will be evaluated to determine if they have irreversible, end-stage AMD; are no longer a candidate for drug treatment; have had cataract surgery in the eye to be implanted and adequate peripheral vision in the other eye; and meet other vision/cornea health requirements.
Patients and physicians can find out more by calling study coordinator Michael Stanford at 901-685-2200, ext. 683, or by visiting centrasight.com or calling 877-99-SIGHT.
– Daily News staff
Planned Parenthood Opening 2nd Location
Planned Parenthood Greater Memphis Region is preparing to open a second location.
The organization has finished construction on a $2.7 million health center at 835 Virginia Run Cove, near Summer Avenue and Interstate 240 in the Berclair area, and will begin seeing patients there May 1.
The location of the 7,500-square-foot clinic was chosen to provide enhanced access from as many parts of PPGMR’s service area as possible and to better serve Memphis’ growing Spanish-speaking population, according to PPGMR, which also operates a center at 2430 Poplar Ave.
The Virginia Run location will offer sexual and reproductive health care for women, men and teens.
Services include birth control, well woman care, HIV testing and prevention services, sexually transmitted infection testing and treatment, abortion services, emergency contraception and pregnancy testing, among others.
The center was designed and built with funds from PPGMR’s ongoing “Planned Parenthood Now” strategic growth campaign, which has raised a little more than $11 million of its $12 million goal. The campaign will also be used to establish an endowment for PPGMR and strengthen its outreach, education and advocacy efforts.
“In the face of relentless political attacks, Planned Parenthood is more committed than ever to this community. Our new health center is a testament to our commitment,” said PPGMR president and CEO Ashley Coffield in a written statement. “We know that our services will be more and more vital to women and families across the Mid-South in the years ahead, and we are so grateful to be able to accommodate them here.”
The clinic, which is located in a newly renovated facility, was designed by architect Options Design.
The developer was Los Loups, and the contractor for the project was Lubin Enterprises.
The building features an exterior mural by Siphne Sylve and an interior mural by Kong Wee Pang, both through the UrbanArt Commission.
– Daily News staff
State House District 95 Early Vote Breaks 2,500
Fewer than half of 1 percent of the 51,000 voters in state House District 95 had cast a ballot through Saturday, April 22, the end of the early voting period.
Election Day in the special primary elections was Thursday, April 27.
Shelby County Election Commission numbers show 2,535 early votes were cast, and all but 222 voted in the seven-candidate Republican primary.
Democrat Julie Byrd Ashworth is running unopposed in the Democratic primary and advances automatically to the June 15 special general election along with independent candidates Robert Schutt and Jim Tomasik.
The election in House District 95 – which includes Collierville, Germantown and Eads – is being held to fill the vacancy created by the February resignation of state Rep. Mark Lovell just weeks into his two-year term.
– Bill Dries
Cooper-Young Pup Crawl Scheduled for May 11
The annual Cooper-Young Pup Crawl benefiting the Humane Society of Memphis & Shelby County is set for May 11.
The event, hosted by the Cooper-Young Business Association, is presented by sponsors Memphis Animal Clinic and Memphis Veterinary Specialists.
Twelve Cooper-Young restaurants and bars will offer special canine-themed drinks for the event and will donate 10 percent of sales from Pup Crawlers to the Humane Society. The organization also will sell Pup Crawl T-shirts to raise additional funds toward its mission of rescuing injured and abused animals.
– Andy Meek
West Memphis to Refurbish Water Tower as Attraction
West Memphis wants to draw attention to a 94-year-old water tower in an attempt to boost tourism.
The Arkansas Democrat-Gazette reports the $240,000 project will illuminate the water tower in West Memphis with hanging glistening cables, to give the effect of cascading water.
The cost includes lights, a small park and garden, cables with shiny discs that will hang from the structure, a plaque denoting the tower’s history and a sitting area.
The project could begin in June and be completed by the end of the year.
The plan comes on the heels of plans to build a 5-mile trail along the Mississippi River that connects to Big River Crossing, the bicycle/pedestrian walkway on the Harahan Bridge that opened in October and connects West Memphis and Memphis.
– The Associated Press
Sediver Opens $15 Million Facility in West Memphis
Sediver USA has cut the ribbon on its $15 million facility in West Memphis, where the company will manufacture toughened glass insulators for high-voltage transmission lines.
Peter Baumgartner, chairman of Sediver USA and CEO of its Luxembourg-based parent company, the Seves Group, was joined by Arkansas Gov. Asa Hutchinson, Clean Line Energy Partners president Michael Skelly and Seves Group chairman Joakim Olsson at the Friday, April 21, event.
“We see clear signs that America’s transmission and distribution utilities are ready to invest in high-quality components to ensure reliable power to their customers,” Baumgartner said. “Sediver is committed to providing best-in-class products to our customers, and having a state-of-the-art manufacturing facility located in the U.S. gives us the ability to do that.”
Initial plans call for Sediver to hire up to 75 employees for the West Memphis plant, but it has the potential to expand beyond that.
The West Memphis facility is Paris, France-based Sediver’s first production investment in the U.S. in nearly two decades, and it is expected to have a $3.5 million annual impact on the local economy in payroll.
“I am pleased Sediver has made the decision to invest in Arkansas,” Hutchinson said. “Our talented workforce combined with our low cost of doing business and logistical advantages make Arkansas the perfect place to build a high-tech manufacturing facility.”
Sediver is a global manufacturer of overhead line insulation technology for transmission and distribution lines with more than 900 employees in factories, laboratories and sales offices in North and South America, Europe and China.
The demand for its insulators could grow as the proposed Clean Line direct-current high-voltage transmission lines shift from development to construction. The $2.5 billion Plains & Eastern Clean Line will ship renewable wind power to Arkansas and Tennessee from western Oklahoma.
– Patrick Lantrip
Renasant Gets Approval To Merge With Metropolitan
Renasant Bank’s parent company has received all the necessary federal bank regulatory approvals needed to complete its merger with the parent company of Metropolitan Bank, Renasant has announced.
That includes approval from the Federal Deposit Insurance Corp.
Both companies announced their plan to merge in January.
The deal is still subject to approval by Metropolitan’s stockholders and the satisfaction of other customary closing conditions, with the whole thing expected to be completed in the third quarter.
–Andy Meek
Redbirds Turning Back the Clock to the 1990s
Put on your Starter jacket and a slap bracelet, grab your Discman, and head over to AutoZone Park on Saturday, April 29, for ’90s Night, highlighted by an appearance by Mr. Belding of “Saved by the Bell” fame.
The Redbirds will be celebrating everything that made the ’90s so memorable, and the day also includes postgame fireworks that will be set to ’90s music. Game time is 6:35 p.m., and tickets start at $9.
Dennis Haskins, who played principal Richard Belding on “Saved by the Bell,” will be signing autographs on the concourse from the second through fourth innings. Mr. Belding will also announce the starting lineups, his “morning announcements,” and he will throw a ceremonial first pitch.
Fans can purchase a ticket for “Detention with Mr. Belding at The Max,” which includes a game ticket in a suite, a diner-style menu inspired by “The Max” near Bayside High featuring burgers, fries, onion rings, tots, soda (including Orange Fanta), and an ice cream sundae bar, and a private meet-and-greet and photo op with Mr. Belding.
In homage to the ’90s Nickelodeon show “All That,” the Redbirds will have a… good burger… deal at the concession stand behind Section 101, featuring a burger, fries and a 12-ounce canned orange soda for $9.
The upcoming homestand also includes All-You-Can-Eat Thursday featuring wings on April 27, Silky O’Sullivan’s Irish Heritage Night on April 28, and Bark In The Ballpark, with Prairie Farms Ice Cream Sunday and kids run the bases, on April 30.
Visit memphisredbirds.com for information on upcoming promotions as well as single-game tickets and ticket mini-memberships.
– Don Wade
Start Co. Teams Hit Key Business Milestones
Six of Start Co.’s alumni teams hit major business milestones recently.
The teams participated in the summer accelerator programs in 2013, 2014 and 2015 as well as participating in post-acceleration activities to continue to build their businesses.
• Graph Story, which provides graph databases, applications and solutions as a service, has raised more than $1 million to date and reached break-even. It’s currently working toward its next major round of investment capital.
• Cabsolutely, which connects taxi fleets with passengers via a mobile app and digital dispatching, has raised $600,000 to date.
• Preteckt, a diagnostic tool for the trucking industry, has raised $750,000 to date and is deployed in 127 trucks and eight pilot fleets. It’s using the funding to solidify major collaborations in 2017 and recently received funding from the 500 Startups Seed Fund.
• Front Door, an interface to the full-service real estate industry for home sellers, has raised $415,000 and has reached break-even. Front Door says it’s saved homeowners nearly $2 million in commissions to date and is expanding nationally.
• Boosterville, a card-linked marketing and fundraising platform that connects merchants to cause-driven buyers, has raised $830,000 as of January to scale up its business and revenue.
• Code Crew, an organization that develops courses, workshops, outreach programs and open source curriculum to make computer science education affordable and accessible, has raised $350,000 in grant money and earned more than $100,000 in revenue since its founding in 2015.
Programming for the 2017 Summer of Acceleration will begin at Start Co. on May 1.
– Andy Meek
Galloway Home Extends Lease With Trezevant
The Mary Galloway Home has signed a five-year lease extension with Trezevant, located at 177 N. Highland St.
For more than 120 years, the Mary Galloway Home has provided a residence, comfort and support for retirement-aged women with financial needs.
It occupies the second floor of Trezevant Terrace, the assisted living facility on Trezevant's campus. As part of the continued partnership, Trezevant will remain responsible for the home's health care management.
"We are very pleased to extend our relationship with Trezevant," said Beverly Williams, Mary Galloway Home board president. "Trezevant has been home for our ladies for the past 10 years and we hope to remain here for a long time."
– Daily News staff