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Old September 15th, 2012, 05:49 AM   #321
Johnny Ryall
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St. Jude moves forward with tower addition
Memphis Business Journal


Quote:
St. Jude Children’s Research Hospital filed a $92.6 million building permit on Sept. 5 to add to the hospital’s on-site Chili’s Care Center, according to filings from Shelby County Code Enforcement. The filing is part of the hospital’s $190 million, nine-story medical tower project that was announced in May 2011.
http://www.bizjournals.com/memphis/n...ith-tower.html

COURTESY ST. JUDE CHILDREN'S RESEARCH HOSPITAL
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Old September 15th, 2012, 05:50 AM   #322
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Downtown redevelopment surges south with Crescent Bluff
The Commercial Appeal


Quote:
The extension of Downtown redevelopment has just leapfrogged to the core district's southern edge, skipping over several blighted, overgrown blocks and greasing the way for others to fill in the gap. The $7 million Crescent Bluff Apartments rise like an urban oasis on 3.5 acres at the northeast corner of Crump and Florida, surrounded on three sides by the vacant buildings and weedy lots typical of the inner-city's distressed districts.
http://www.commercialappeal.com/news...th-with-bluff/

Photo by Nikki Boertman, The Commercial Appeal
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Old September 15th, 2012, 05:50 AM   #323
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Germantown targets economic development efforts in 300-acre parcel near 385 corridor
Memphis Business Journal


Quote:
Class A space is hard enough to come by, especially along the sought-after Poplar and 385 corridors. Thanks to a $51,000 allocation of economic development funding from the Memphis Fast Forward Steering Committee, however, the newly formed Germantown Chamber Economic Development Partnership has an ace in the hole. It’s marketing prime commercial space at the core of its new development initiative.
http://www.bizjournals.com/memphis/p...-economic.html

LEE SWETS | MBJ
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Old September 15th, 2012, 05:51 AM   #324
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I've checked the USFL's new website and it says that play is on for spring/ summer 2013. Now, let's get this college football program rebuilt and I'd hope for better recruits as all University Of Memphis sports goes Big East Conference next year.

Liberty Bowl puts best foot forward
Improvements could affect future of annual bowl game
Memphis Business Journal


Quote:
The 2012 football season marks the beginning of a transition for Liberty Bowl Memorial Stadium and its tenants. Earlier this year, the stadium received $6.5 million in improvements including lighting upgrades, a new sound system, improved playing surface and a $2.5 million jumbotron.
http://www.bizjournals.com/memphis/p...t-forward.html

JOE MURPHY | UNIVERSITY OF MEMPHIS
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Old September 15th, 2012, 05:52 AM   #325
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Memphis competing with Austin for manufacturing facility, 276 jobs
Memphis Business Journal


Quote:
The City of Austin, Texas, has presented a package of incentives to lure tech company HID Global Corp. to the area, but a newspaper report claims Memphis to also be in the running for the new facility. Irvine, Calif.-based HID would invest $36 million to build a 200,000-square-foot manufacturing and distribution facility.
http://www.bizjournals.com/memphis/b...ustin-for.html
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Old September 15th, 2012, 05:53 AM   #326
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Jabil Circuit now much larger employer in Memphis, Caesars public again at No. 4
Memphis Business Journal


Quote:
Rapid expansion and new contracts with several brands caused Jabil to nearly triple its Memphis employees from 1,000 to 2,790. That makes Jabil a larger local employer than higher-profile companies such as International Paper Co. and AutoZone Inc.
http://www.bizjournals.com/memphis/p...-employer.html

MBJ | FILE PHOTO

Quote:
Caesars Entertainment, which changed its name from Harrah’s and went public again, operates three Tunica casinos, including Harrah’s Tunica, shown.
-MBJ
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Old September 15th, 2012, 05:54 AM   #327
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A look inside construction of Mitsubishi's Memphis plant
Memphis Business Journal


Quote:
The numbers behind the construction at the Mitsubishi Electric Power Products Inc. plant are as staggering as the products it will soon be manufacturing: So far, 250,000 hours of contract labor have been expended at the site of the $200 million plant, which will be producing industrial-size transformers that weigh up to 500 tons. About 55 miles of iron piling have been driven into the foundation underneath the 350,000-square-foot facility, according to Ken Badaracco, general manager of Mitsubishi’s Power Transformer Division.
http://www.bizjournals.com/memphis/n...itsubishi.html

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Old September 15th, 2012, 05:55 AM   #328
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Annesdale mansion gets approval from land use board to host events
The Commercial Appeal


Quote:
Ken Robison bought the historic home, built in 1850, last year. Property transfer records show he paid $550,000. The owner of Robison-Finch Estate Sales and Appraisals, Robison says he has spent more than $500,000 in restoration of the house and expects to spend at least $2 million. Holding events on the seven-acre grounds and smaller events in the house will help to cover some of those costs.
http://www.commercialappeal.com/news...oval-from-use/

Photo by Brandon Dill
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Old September 15th, 2012, 06:57 AM   #329
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International Paper weighs expansion options
Temple-Inland sparks potential for new structure
Memphis Business Journal


Quote:
International Paper Co. is poised to expand its towering office presence in Shelby County to handle potential relocation from Austin, Texas, of employees from recent acquisition Temple-Inland Inc. IP already occupies more than 450,000 square feet of class A office space at its International Place headquarters in East Memphis.
http://www.bizjournals.com/memphis/p...expansion.html

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Old September 16th, 2012, 06:50 PM   #330
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Feds give initial nod to company's plans to bring wind power to Mid-South
The Commercial Appeal


Quote:
The Federal Energy Regulatory Commission has granted an early but crucial approval needed for a $2 billion proposal to transmit wind power from the Great Plains to Memphis and the Southeast... The project would yield major economic benefits for the area, including hundreds of construction jobs in West Tennessee alone, said Mario Hurtado, executive vice president for Clean Line Energy. Most of the work would occur in Shelby County, where an approximately $250 million station would be built to convert the direct-current wind power for use on the alternating-current of the electrical grid. The 3,500-megawatt capacity of the line represents enough power to serve 1 million homes.
http://www.commercialappeal.com/news...lans-to-bring/
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Old October 23rd, 2012, 09:53 PM   #331
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Hattiloo Theatre designed to play big role in Overton Square
The Commercial Appeal


Quote:
The theater intends to make a cultural statement with its $2.8 million new home, and on Sunday will preview the message with the release of design renderings. Construction is to start in March, and the new theater on Cooper at Monroe is expected to open in March 2014.
http://www.commercialappeal.com/news...y-big-role-in/

Artwork courtesy of archimania
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Old October 23rd, 2012, 09:55 PM   #332
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More major federal funding for capital projects at Memphis Int'l Airport. Also, MEM has received service announcements that Southwest Airlines should enter the market by Fall 2013, American Airlines will expand their service and it looks as if JetBlue Airlines maybe bringing service to MEM in the near future.

Airport Wins $32 Million in Federal Funding
Memphis Daily News


Quote:
As Southwest Airlines executives were in the city last week to talk with local leaders, Memphis International Airport secured $31.8 million in federal grant funding for what is a constant in the life of any major airport – construction.
http://www.memphisdailynews.com/news...deral-funding/
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Old October 23rd, 2012, 09:55 PM   #333
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Kroc Center tours start Saturday for new $31 million facility at Fairgrounds
The Commercial Appeal


Quote:
Stephen Carpenter, director of operations for the Kroc Center, loves showing off the 104,000-square foot building's environmentally-friendly attributes — the center earned a silver LEED (Leadership in Energy and Environmental Design) certificate. "On the roof of the building rain water will be collected and sent to underground cisterns that will irrigate the NCAA regulation soccer field," he said. He added: "We also recycled the concrete from the old Memphis City pool that was here to build our indoor pool." Other features available at the center include: NBA-quality basketball courts, a fitness facility, a recording studio with green-screen video booth, classrooms, an art gallery and party rooms. Carpenter said a three-story challenge center will allow groups of people to solve challenges together and see entertainment on the nine performance stages with retractable garage doors.
http://www.commercialappeal.com/news...for-new-31-at/

Photo by Mark Weber
[IMG]https://encrypted-tbn3.************/images?q=tbn:ANd9GcQNEL4csQrp6Qwq7g3g8PmjOYmC35mB4FduhHNuMRocVO1oe-ubng[/IMG]
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Old October 23rd, 2012, 09:56 PM   #334
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New section of Greenway connects Germantown, Memphis
The Commercial Appeal


Quote:
After a ribbon-cutting near the relatively new Wolf River Bridge, a trail officially opened connecting about 2.6 miles of Wolf River Greenway to 2.5 miles of Germantown Greenway, enabling pedestrian and cyclical travel along the bank of the Wolf River from Walnut Grove Road to Kimbrough Road... Goldsworthy said Germantown is searching for funding that would allow for two more miles of eastern expansion of the 10-foot-wide pathway to the new Wolf River Boulevard Connector between Kimbrough and Farmington that is under construction.
http://www.commercialappeal.com/news...ts-germantown/

Photo by Brandon Dill
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Old October 23rd, 2012, 09:56 PM   #335
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Recognition for a great Midtown Memphis neighborhood which saw its' 1-day arts & music festival swell to an estimated attendance of 120,000 this year.

APA picks Cooper-Young as one of the nation’s 10 Great Neighborhoods
Memphis Business Journal


Quote:
The American Planning Association designated Cooper-Young as one of 10 Great Neighborhoods for 2012 under the organization’s Great Places in America program. The not-for-profit educational organization singled out Cooper-Young for its historic architecture, vibrant business and entertainment district, and active and engaged residents who’ve spent decades redeveloping the neighborhood. Still up and coming, the popular neighborhood is offbeat, artsy, diverse and close to downtown.
http://www.bizjournals.com/memphis/b...ne-of-the.html

MBJ
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Old October 23rd, 2012, 10:01 PM   #336
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The Butcher Shop to close in Downtown, making way for new residential development
The Commercial Appeal


Quote:
Hughes and Day said this day had been coming since the building changed owners in 2007. The developers, identified as Hunter Haynes of Rogers, Ark., and Jerry Sachs of New York City, bought the buildings at 99-105 S. Front for $2.2 million. The tenants went on a month-to-month lease at that time and knew they'd be gone when the developers came up with plans and financing to redevelop the six-story structure with more than 150,000 square feet of floor space. A chain-link fence and a receptacle for construction debris are positioned outside The Pier's former entrance at 100 Wagner.
http://www.commercialappeal.com/news...artner=popular

Photo by Nikki Boertman, The Commercial Appeal
[IMG]https://encrypted-tbn1.************/images?q=tbn:ANd9GcRqrA49jyx_e1xDKbs7farS8CNVRRoKwi6DXXrUcVylrF0Eg91V[/IMG]
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Old October 23rd, 2012, 10:02 PM   #337
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EarthLink enhancing fiber capability in Memphis
Memphis Business Journal


Quote:
EarthLink Inc. is adding a Memphis to Chicago, long-haul fiber route by the end of 2012. Earthlink (NASDAQ: ELNK) is also planning a metro fiber ring in Memphis in early 2013, Atlanta Business Chronicle reports. Fiber rings are circular groups of optic cables that are designed to transmit data over a short distance in a region at very high speeds. The new route extends Atlanta-based EarthLink’s network reach with up to 10 Gigabit service between the cities and provides additional network diversity and redundancy.
http://www.bizjournals.com/memphis/n...apability.html
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Old October 23rd, 2012, 10:04 PM   #338
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$550,000 grant kick-starts Baptist Pediatric Eye Center
Memphis Business Journal


Quote:
Instead of traveling as far away as Little Rock or St. Louis for specialty pediatric eye care, Mid-South families seeking such services need look no further than Baptist Memorial Hospital for Women. The hospital is home to the newly established Baptist Children’s Eye Centre, an $800,000 endeavor funded largely by a $550,000 grant from the Baptist Memorial Health Care Foundation. Jorge Calzada, a vitreoretinal surgeon and president at Memphis-based Charles Retina Institute, has been active in getting the program off the ground and said he sees much opportunity to provide services to a largely under-served portion of the population.
http://www.bizjournals.com/memphis/n....html?page=all

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Old October 23rd, 2012, 10:04 PM   #339
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Ten West Tennessee sites get foreign trade zone designation
The Commercial Appeal


Quote:
They include the Memphis Regional Megasite in Haywood County, the Port of Cates Landing in Lake County, and other industrial parks in Dyer, Gibson, Haywood, Lauderdale, Madison, Obion and Tipton counties. These sites can use the designation to reduce the cost and speed the delivery of products to their facility and to customers globally and domestically. Foreign trade zones allow companies in them to delay or reduce duty payments on foreign merchandise and get other savings, according to the Import Administration website.
http://www.commercialappeal.com/news...gn-trade-zone/
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Old October 23rd, 2012, 10:06 PM   #340
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This will bring Nike's LEED-certified "Northridge" facility to nearly 3 million square feet.

Nike to invest $301 million in Memphis, add 250 jobs
Memphis Business Journal


Quote:
Nike Inc. is seeking a 15-year PILOT to expand its North Memphis operations in a move that would mean 250 new jobs, retaining 1,662 jobs and investing $301 million... The Beaverton, Ore.-based sporting goods manufacturer is looking to expand its Northridge facility by 1.8 million feet. The building at 3100 New Frayser Blvd. is currently 1.1 million square feet... Nike (NYSE: NKE) will also upgrade its 1.3 million-square-foot facility at 5151 Shelby Drive.
http://www.bizjournals.com/memphis/n...illion-in.html

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