VOL. 132 | NO. 62 | Tuesday, March 28, 2017
Last Word: Tri-State Inks Move to Midtown, Main and Gayoso and 'Wise Trek'
By Bill Dries
The open land across Union Avenue from AutoZone Park remains just that as some of it has changed hands again. Vision Hospitality buying the land that had been the location of the Greyhound bus station at Union and Hernando. Vision Memphis LLC sold to Vision Hospitality of Knoxville for $4 million, according to a warrant deed we reviewed Monday.
This is two plots of land between Union and Gayoso where a Hilton Garden Inn hotel had been planned, one of two hotels planned by Vision Memphis for the lot. The other hotel to be built on land Vision Memphis still owns at Union and Fourth where the Continental Trailways bus station had once been.
Shelby County Schools superintendent Dorsey Hopson pitched the "Critical Focus" plan for turning around 19 schools on the cusp of closing or improving to a group of 250 parents, students and teachers Monday night at the Fairgrounds. More on this in the Wednesday edition. Here are the basic points of what is a very big shift in thinking about failing schools given the SCS success with Innovation Zone schools. This isn't a bigger I-Zone. It's beyond the I-Zone.
Apparently going to a bike shop comes with an intimidation factor – maybe a version of the intimidating gym or fitness center where people are lifting and tossing truck tires around? At any rate, the founders of Victory Bicycle on Broad are about to open a companion bicycle business that caters to those who ride more occasionally or those just looking for a spin around the block every once in a while. You will still have to put your own baseball cards in the spokes. But if enough of you ask for clothes pins, I'm sure the folks at the new Pedaltown store will recognize the market.
Tri-State Bank has inked the deal to move to the office tower at 1407 Union Avenue that we reported on several weeks ago. Moving day from Tri-State’s current long-time location at Main and Beale is May 1 and with that let the speculation begin for what Belz has in store for the key Downtown street corner. Because it shares the block with Hard Rock Café, the speculation is already thick with rumors of a Hard Rock hotel.
So Tri-State moves to Midtown with better capitalization through the deal it made with First Tennessee last year in what is an ongoing story. So far, the office space at Union and Pine doesn’t include a bank branch there – only the HQ. So still to come is what Tri-State does for a full service branch at a time in banking when the concept of a full service branch is changing dramatically.
Speaking of change – some intersections in our city are like portals that frame significant change in the unlikeliest of settings. That is what brought a crowd to Main and Gayoso on an overcast turned sunny Saturday afternoon. The Lee sisters, five of the original seven present, were honored with a historical marker outside what is now Royal Furniture. When several of the Lee sisters were arrested there more than half a century ago it was the Black & White, or B&W, department store. And the arrest there was one of 17 the sisters logged in five years of sit-in protests here making them what Jet magazine billed as “the most arrested family in the country.”
University of Memphis president David Rudd talks about what's on campus and what is just off-campus plus a residence hall south of Park Avenue and where the new music building will go.
Yuletide expands its warehouse by 2,000 square feet as its janitorial division grows.
A close one on the road but the Grizz lose to the Sacramento Kings Monday night 91-90.
In the Tennessee Legislature, as Fall Creek Falls falls so do the state’s other parks. That appears to be what is shaping up with the return of Gov. Bill Haslam’s outsourcing plan for Fall Creek Falls State Park and a quick timeline for the process. Sam Stockard, our Nashville correspondent, with more on the new RFP the administration put out this week in Nashville to run the park for the state.
Elsewhere in Nashville, Attorney General Herbert Slatery says putting “In God We Trust” on license plates is constitutionally suspect.
In our Senior Care Emphasis:
A foster grandparents program from Porter-Leath.
A doctor shortage as baby boomers swell the numbers of senior citizens. What could go wrong?
With the aging of baby boomers comes a new range of activities to keep senior citizens active including a “Wise Trek” program at Shelby Farms Park.
Rolling Stone on Jeff Buckley’s journals which will be reproduced for a new book. The handwritten journals cover his time in Memphis.
As the seasons change, this seems to be a time to look back on sports memories starting with the weekend memories from John Calipari’s trip to town for the NCAA South semifinal. Then Monday comes word that the NFL’s Oakland Raiders will be moving to Las Vegas by a 13-1 vote of the owners. And all it cost Las Vegas is a $1.9-billion 65,000-seat domed stadium with the UNLV picking up part of the tab. This is the third time the Raiders have moved. And the move to Las Vegas is the third by an NFL team in two years. So glad we aren’t playing this game anymore.
Yet there is a certain nostalgia when I come across items in old issues of The Daily News about our 30 years of past quests for the NFL’s favor and a franchise. Those quests really did say a lot about where we were compared to where we are now in our self-image. And, I think, you have to say that those critics of these campaigns who argued that the pursuit of an NFL team -- and in every case a new stadium to go with it -- was a game we didn’t need to be playing had a point. The game was rigged. It still is.