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VOL. 132 | NO. 100 | Friday, May 19, 2017


Bill Dries

Last Word: Carousel Preview, New Crime Stats and EDGE Does Multi-Family

By Bill Dries

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The group Friends of the Fairgrounds got together Thursday evening at the Children’s Museum of Memphis and got the first group tour of the Grand Carousel center under construction at CMOM. This is as the museum focuses more on fundraising for the $6 million project that has already raised the money for the restoration of the carousel itself and now sets about the task of paying for the building around it including a banquet hall. Here’s a look from our Facebook page with more to come on CMOM and the Fairgrounds for the Monday edition that will probably go up on line Friday.

Traffic Jam In the Bike Lanes: Bicycle and pedestrian coordinators from across the state are in the city as the weekend begins and start a two-day Tennessee Bike Summit Friday with Harbor Landing at Mud Island as headquarters with several rides planned around town.

Memphis-based Wunderlich Securities is being bought by B. Riley Financial of Los Angeles in a $67 million deal with an anticipated June closing date.

New crime figures for the city and countywide from the Crime Commission and they are not good either way – major violent crime or major property crime.

Notes from the city’s second annual Blight Elimination Summit this week at Clayborn Temple and word from Mayor Jim Strickland that the city’s goal is to acquire all of the land immediately adjacent to the historic church in time for next April’s 50th anniversary of the sanitation workers strike that brought Dr. Martin Luther King Jr. to Memphis in 1968. That includes the two-story apartment building that has drawn the ire of several city officials for its rundown condition.

More on Innova’s new $31 million ag innovation fund announced this week.

At a busy EDGE meeting this week, the development board decided to give a trial run to the idea of tax breaks for developers of multifamily residential. The move into residential is new territory for EDGE and it has the endorsement of the administrations on both sides of the Main Street Mall. Like other undertakings that EDGE give tax incentives for, there is a matrix for achieving benefits for the community that EDGE wants to see. For commercial properties the matrix includes the number of jobs and the pay as well as benefits that come with those jobs. The multi family incentives will come with conditions about units for low to moderate income families or affordable rental housing.

The Eden Square mixed-use development in Hickory Hill, where the Marina Cove apartments once stood, is getting a rugby field to go with a rugby program at Power Center Academy that has grown in ability very quickly. The charter school settled on a rugby program after the school’s students indicated six years ago they wanted a football program. But the school campus, then a bit further east on Winchester, didn’t have room for a football field – thus rugby.

The owners of Central BBQ and Sweet Grass are opening a new breakfast and lunch place on Jefferson just over the viaduct east of our offices here at The Daily News. Sunrise Memphis will open in a couple of months in a space many of you know as Neely’s Barbecue. And how many of you remember it as Ireland’s?

In our Friday Sports Section:

Don Wade’s Press Box column laments that Mike Conley’s playoff run is long over and too brief, but you can’t help but wonder what he could have done at this point in the finals as Cleveland and Lebron James look more and more inevitable.

The Memphis Redbirds are setting a franchise record for wins in what is a pretty spectacular season and an unusual season in AAA minor league baseball.

David Climer has questions about that CBSSports ranking of top college football coaches in the Power Five conferences – specifically about Nick Saban’s influence.

As we reported here when last we met, UT’s baseball coach leaves at the end of the current season. Dave Link in Knoxville reports the UT softball team may get to the Women’s College World Series.

When you hear about a local player being recruited for professional sports in Memphis, what is your first thought? I bet it is basketball – not that I bet on basketball. Or maybe you think of football. In Don Wade’s cover story in our weekly, The Memphis News, he talks about the strong prospects locally in baseball where the recruiting scene is just as competitive and there are lots of Memphis names in the big show.

The PDF of the new issue is up now on this very website. The hard copies go in the racks Friday morning and the cover story goes up online here Friday afternoon.

Associated Press on former Tennessee Economic and Community Development Commissioner Bill Hagerty who is about to become the U.S. Ambassador to Japan.

An east Tennessee legislator is citing legislative and medical privilege after being called to testify in a bitter divorce case back in the district. Joey Hensley isn’t the one getting divorced but there are depositions about Hensley prescribing opioids for his nurse, who is one of the two parties in the divorce proceedings. Nashville Scene with the story.

“Behind The Headlines” is a discussion about minority business growth in Memphis – the government contracts side and the business-to-business private side with an excellent panel that includes Rodney Strong, the Atlanta consultant-Memphis native (Northside grad) who conducted City Hall’s recent disparity study, Joann Massey, the city’s director of business diversity and compliance and Carolyn Hardy, chair of the Greater Memphis Chamber. To set the stage for the conversation, here is our coverage of a meeting of black elected and business leaders this past August where Strong went beyond what is a very specific study to talk about the history of African-American business in Memphis, the present and the future.

The show airs Friday at 7 p.m. on WKNO TV.

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