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VOL. 132 | NO. 170 | Monday, August 28, 2017

Daily Digest

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Redbirds’ Playoff Tickets on Sale

Single-game tickets for the Memphis Redbirds’ playoff games at AutoZone Park are now on sale starting at $9, and fans can also purchase specialty tickets that include a favorite promotional item or an all-you-can-eat buffet.

The first round of the playoffs will be played at AutoZone Park on Wednesday, Sept. 6, and Thursday, Sept. 7. If the Redbirds win, they would host championship round games on Tuesday, Sept. 12, and Wednesday, Sept. 13. The first 5,000 fans at the first-round games will receive a new-logo Redbirds hat, and there will be $2 beers throughout the playoffs. All games start at 7:05 p.m., with gates opening at 6 p.m.

For the first round games on the 6th and 7th, fans can purchase a $20 Dugout specialty ticket that includes one of eight fan-favorite promotional items (chosen at the time of purchase and picked up on the day of the game):

  • - Retro Stubby Clapp Bobblehead
  • - St. Louis Cardinals Final Out Dual Bobblehead
  • - Stephen Piscotty Bobblehead
  • - 2006 Cardinals World Series Trophy
  • - 1946 Cardinals World Series Ring
  • - Stubby Clapp Half-and-Half Replica Jersey
  • - Redbirds New-Logo Performance T-Shirt
  • - Redbirds Record Sleeve

For all four potential home playoff games, fans can purchase a $17 Field Box, $20 Dugout, or $24 Club Level specialty ticket that includes access to an all-you-can-eat buffet running from when gates open at 6 p.m. until 8 p.m. (The price of the all-you-can-eat buffet rises by $4 on the day of the game.)

Playoff tickets can be purchased at memphisredbirds.com/playoffs, over the phone at 901-721-6000, and at the AutoZone Park Box Office.

For games that may not be played (Sept. 12 and Sept. 13), fans will be able to use their ticket as a voucher for any 2018 regular-season game, excluding fireworks nights. Refunds for unplayed games will be given upon request. All refund requests must be made in-person at the AutoZone Park Box Office by 6 p.m. on Sept. 29. Fans must provide their original ticket at the time of refund.

– Don Wade

First Tennessee Releases 2017 Restaurant Review

First Tennessee Bank now has a unit within its franchise finance division focused exclusively on restaurant financing. That gives it a window into the restaurant business, which informs the Franchise Finance 2017 Restaurant Review, which the bank published in recent days.

Among its findings: The nation’s top 100 restaurant chains accounted for nearly half of total restaurant sales last year, and quick-service restaurants continued to steal market share from full-service restaurants. Consumer spending also increased for the seventh consecutive year.

Of those top 100 chains, nearly 80 percent were franchised, and seven chains were completely franchised systems. Sandwiches represents one of the largest segments, with 30 of those chains representing more than $110 billion.

According to Todd Jones, managing director and group head of franchise finance at First Tennessee, fast-casual restaurants have led market share growth since 2007. And leading the way in system-wide sales and average unit volume, he continued, were chicken and snack chains, “which have exploded in popularity and in 2016 outpaced all other segments.”

– Andy Meek

Developer Pulls Permit for Former Sports Authority Site

A $1.2 million building permit application has been filed for the former Sports Authority located at 5895 Poplar Ave. in East Memphis’ Ridgeway Commons shopping center.

The permit for façade and interior renovations does not list a tenant, but Weingarten Realty is listed as the owner, while Metro Construction is listed as the contractor.

Calls to Weingarten for more information were not returned by press time.

Last month, Houston-based Weingarten sold the Bartlett Towne Centre, located at 6005 Stage Road, to Branch Properties LLC for $28.8 million.

Sports Authority filed for bankruptcy in March 2016 and announced it would close all of its locations by that August.

The 16-acre shopping center, which is anchored by a Target, was appraised for $24.6 million by the Shelby County Assessor this year.

– Patrick Lantrip

Cooper-Young Festival Set for Sept. 16

The annual Evolve Bank & Trust Cooper Young Festival is less than three weeks away, set for Saturday, Sept. 16, from 9 a.m. to 7 p.m.

The festival, now in its 30th year, is the largest single-day event held in the city. It’s a fundraiser for the Cooper Young Business Association, and proceeds from the festival are pumped back into the infrastructure of the neighborhood, business websites and community non-profit organizations.

Seventeen music acts are performing this year. Each year the festival is also preceded by pre-festival events. They include the Art Invitational on Sept. 14 at CoWork Memphis, at 902 S. Cooper St., which will feature more than 25 artists.

The Festival 4-Miler also happens Sept. 15, starting at Midtown Autowerks at 795 S. Cooper at 7 p.m.

– Andy Meek

PROPERTY SALES 57 280 1,209
MORTGAGES 55 244 916
BUILDING PERMITS 158 699 2,751