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Old January 3rd, 2010, 09:37 AM   #41
Johnny Ryall
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Medical corridor development projects air of viability in Memphis community

Memphis Business Journal - by Michael Sheffield



The recession may have crippled most new development across Memphis, but a drive through the city’s medical corridor tells a different story. There is currently $1.5 billion worth of development under way in the medical corridor ranging from a parking garage at the University of Tennessee Health Science Center to the $450 million UT/Baptist Research Park that will house the Memphis Bioworks Foundation’s offices. Also under construction is Le Bonheur Children’s Medical Center’s 650,000-square-foot hospital that includes a 12-story tower and a new emergency room. That project is budgeted around $327 million. Other projects in the area include the $8.5 million Harrah’s Hope Lodge, which will provide cancer patients and their families with a short-term stay facility. Le Bonheur is also building FedEx House, a short-term stay facility for its patients and their families, budgeted at around $8.5 million. The 30 known projects in the medical corridor are all in different stages of development, but what those projects show to Memphians and people visiting Memphis is a commitment to the growth of the second largest industry in the city, says Leigh Anne Downes, director of life science business development for the Greater Memphis Chamber. “Anytime a company comes to town and sees cranes in the air, they know the area is viable,” Downes says. “New development not only says the organization is investing in the community, but the community is investing in the organization.”

Beth Flanagan, director of Memphis Medical Center, says the city’s reputation precedes it in national circles, but the development going on in the medical corridor also serves as a conversation starter and an excitement generator at the same time. She says the challenges will be to create the work force to staff the hospitals and research center that are being developed. Memphis Bioworks Foundation, which also runs the Memphis Academy of Science Education and Education, is working to grow that talent from the ground up. “They can start with the charter school and go up to graduate degrees to create that work force,” Flanagan says. “Then you have organizations like Innova (Memphis, Inc.) to help with the patents and marketing plans. All of those pieces are in place.”

Le Bonheur’s expansion — which is on track to be completed by spring 2010 — will enhance the infrastructure of the area, says Cato Johnson, the hospital’s senior vice president of corporate relations. The bigger developments not only help attract other development and business to the area, but also enhance the quality of care for the existing population, Johnson says. “Those are major additions to the Memphis landscape as it relates to health care for this community,” Johnson says. “We also shouldn’t forget that Memphis itself will be a healthier community because of it. When we’re done, we’ll honestly be able to say the city has some of the best health care available.” When the UT/Baptist Research Park is completed, possibly by 2015, it will represent the latest transformation that has taken place over the last 60 years in the medical community in Memphis, says Bill Tuttle, vice president of planning for Baptist Memorial Healthcare Corp. Baptist donated its former Downtown hospital for the project, which Tuttle says represented an $80 million gift. Baptist also donated the land where the University of Tennessee is building its new pharmacy school. Tuttle, who has “been running around the medical center all my life,” says the development is definitely a great thing for the city, but what goes on in those buildings is more important than the mere presence of them. Tuttle says with the right staff in place when development is completed, no one can fathom how far the city can go. “You can’t put a limit on research talent and brain power,” Tuttle says. “When you look at Bioworks and the biomedical industry, it allows us to integrate well with other entities and parlay some of our existing strengths beyond just medical and science.”

One of those industries is FedEx Corp., which Downes says helps the existing companies meet federal medical shipping regulations. Companies that ship devices, vaccines or body tissue often have a federally mandated 72-hour window to get products to clients. Having FedEx in the city has made all of that possible. “If you have a product, it either came from Memphis or was shipped through Memphis in some capacity,” Downes says. More importantly, she says, is the fact that it will create high-skilled and high-paying jobs, keeping the talent the city is currently growing and attracting new people. “Biotech isn’t replacing what Memphis is known for, but it is enhancing the work force and opportunities for work in Memphis,” Downes says. “You can’t help but be excited about that.”
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Old January 5th, 2010, 01:08 AM   #42
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Transportation Infrastructure

Interstate System
Existing High Priority Corridor> Regional>
Soon to be comissioned
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Old January 5th, 2010, 01:10 AM   #43
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Memphis Aerotropolis: Cleared For Take Off


In August 2006, Memphis I'ntl Airport (MEM) jetted into a multiphase, $300,000,000+ construction program designed to not only upgrade & facilitate operations at the WORLD's BUSIEST CARGO AIRPORT, but also freshen it up a bit. MEM produces $28,600,000,000 for the local economy each year. It is home to the FedEx Express World Hub & UPS's 3rd largest facility. MEM Air Traffic Control directs over 1,000 aircraft operations per day.


New Air Traffic Control Tower (U/C) $61,000,000
Due to significant air traffic growth over the past 30 years, combined with traffic density and complexity continuing to increase at Memphis International, the existing control tower must be replaced to meet the activity demands and working-space needs. The current tower was commissioned in 1977.The new tower will stand 336 feet tall which is approximately 150 feet taller than the current tower.


Memphis International Airport - Y Modification


Roadway Entrance & Landscaping Project
$24,000,000

Reconstruction of Runway 9/27
$48,000,000

Seven-story Parking Garage & Rental Car Facility
$130,000,000

Built on the North -or "front"- side of the airport, the lower 2 levels will house car rental companies, and the remaining floors will contain 4,500 long-term parking spaces. The garage will connect to the terminal by canopy-covered, moving sidewalks on the lowest level.

Also in progress:
Main Terminal Aircraft Parking Apron Replacement Study.

Previously (2006):
Memphis International Airport Flying High: Named a Gateway Hub to Ronald Reagan Washington National Airport and Best Northwest Hub in 2005.
Memphis International Airport is now a gateway airport. This means certain pre-cleared general aviation operations, including corporate aircraft, charter flights and on-demand operations can fly directly to Ronald Reagan Washington National Airport (DCA) from Memphis.

The Transportation Security Administration (TSA) only allows general aviation flights in accordance with the DCA Access Standard Security Program into DCA. The program was developed last year. It allows up to 48 general aviation flights into DCA per day and addresses the special aviation security needs in the National Capitol Region by maintaining strict security measures. Each flight requires advance notification, including background checks for all passengers and criminal history checks for crew members. Memphis International Airport is one of just 15 airports nationwide with gateway clearance.

Memphis International Airport also has been named “best Northwest hub in 2005” by Northwest Airlines ground operations as part of the annual recognition the department gives to stations for outstanding performance each year. The assessment of station performance is based on critical measures of safety, operational reliability, customer service and budget.
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Old January 5th, 2010, 01:11 AM   #44
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Rail
All six Class I rail systems serve Memphis, Tennessee, and all have intermodal yards in Memphis or West Memphis, Arkansas.

BNSF Intermodal Terminal
100 acres - 225,000 lifts per year - BNSF offers 48-hour COFC service and 36-hour TOFC service to California.


UP Intermodal Terminal
600 acres with four tracks totaling 29,000 ft. -with a capacity of 375,000 conatainers per year.
[IMG][/IMG]

Memphis Intermodal SuperTerminal
Will be located on 1000 acres in Southwest Memphis near DeSoto County and will consolidate five Class I rail yards.
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Old January 5th, 2010, 01:12 AM   #45
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TRANSPORTATION UPDATES

BNSF railroad's new intermodal yard will give big lift to cargo, local economy
By Wayne Risher (Contact), Memphis Commercial Appeal
Friday, September 4, 2009

If a seaport were built on dry land, it would look a lot like Burlington Northern Santa Fe Railroad's new Memphis intermodal facility.

Giant cranes loom over vast expanses of tracks, roads and parking, soon to be piled high with oceangoing shipping containers.


Mike Maple/The Commercial Appeal

Scott Jenkins, operations manager at Burlington Northern Santa Fe's new $200 million intermodal hub on Lamar Avenue, eagerly awaits the facility's anticipated startup next month. "There's no other facility like this in the United States," he says.

Mike Maple/The Commercial Appeal

BNSF officials say the expansion provides potential for 1 million lifts a year. The current yard did 318,000 lifts, nearly full capacity, in 2006.

Virtually completed and tentatively set for an October startup, it's also a $200 million vote of confidence in the city's strategic importance in moving consumer goods across the nation.

Officials at BNSF, the nation's No. 2 railroad, say they have redefined state-of-the-art, combining environmentally friendly container-handling equipment with high-tech operations and security.

Global-positioning-system technology will direct movement of trucks, trains, freight and people around the 185-acre site. Truck drivers will gain entry by putting thumbprints in a biometric reader.

Production cranes -- 90 feet high and 270 feet across -- straddle six, 8,000-foot-long sets of track, two truck lanes and space for containers stacked four wide by four high.

The electric cranes will replace diesel hydraulic cranes that are significant polluters; their expansive reach will eliminate a major amount of interior truck movement of containers, known as hostling.

"There's no other facility like this in the United States," said Scott Jenkins, Memphis intermodal facility manager for BNSF.

The hub has taken shape over the past couple of years along the north side of Lamar Avenue between Perkins and Shelby Drive.

The site was sparsely populated last week, except for an occasional truck on its way to the smaller, existing intermodal yard. Jenkins said federal inspectors were certifying cranes for operation, and training sessions for crane operators were scheduled for this week.

The expansion nearly doubles BNSF's intermodal capacity in Memphis and provides on-site potential for 1 million lifts a year. A lift is an intermodal container loaded to or unloaded from a rail car.

The current 50-acre yard did 318,000 lifts, nearly full capacity, in 2006, but volume has declined as the world economy has contracted.

The new hub positions BNSF to benefit from a rebound in shipping, when it comes.

"That's the big deal. If you built a regular intermodal facility on this footprint, you'd probably get 500,000 (lifts). There's nowhere else to go," Jenkins said.

"Obviously, it puts us in a real good position. We know (volume) is going to come back. It's a matter of having capacity when it does."

Industry analysts aren't sure how quickly volume will grow. In research notes on BNSF in July, Morgan Keegan analysts wrote that "the common theme of the rails seems to be that the timing of a potential pickup in volumes from these levels is highly uncertain. Furthermore, the growth in volumes, when it does occur, is expected to be rather muted for at least a period of time."

BNSF is taking advantage of Memphis's geography and infrastructure to bolster intermodal business, viewed as a greener alternative to long-haul trucking. Union Pacific, Canadian Northern and CSX also are using newer intermodal hubs here, and Norfolk Southern will build the next one, in Fayette County.

Jim Covington, Greater Memphis Chamber vice president of logistics and Aerotropolis, called BNSF's hub "a very impressive investment in this economic period."

He added, "The idea that all five of these railroads have picked Memphis as a coordinated location for these yards is a confirmation of our logistics geography. It means there are a lot of smart people out there who think that Memphis is a rail center."

Marty Lipinski, director of the Center for Intermodal Freight Transportation Studies at the University of Memphis, said, "That the railroads are willing to invest that kind of capital is a feather in our cap."

Down the road, BNSF will bring jobs and economic growth to its immediate vicinity and the Memphis area, Covington said.

"The yard supports all kinds of different industries in the surrounding area," he said. "You've got warehouse and distribution jobs. You've got drayage jobs where trucks move goods from one facility to another. All of that's going to pick up."

Lipinski said, "It's important to have the added capacity because there's such a strong linkage between the West Coast ports and Memphis, both Seattle-Tacoma and Los Angeles-Long Beach. So many of our local warehouse distribution companies depend on those connections to move goods."

BNSF Memphis Intermodal Facility

Location: 4814 Lamar

Container movement capacity: 600,000 a year, up from 325,000

Container storage capacity: 4,000, up from 300

Strip tracks: six 8,000-foot-long tracks, up from two 1,300-foot-long tracks

Employees: Remains at 75 to 100
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Old January 5th, 2010, 01:16 AM   #46
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Rolling to the future at Canadian National rail yard

$100 million revamp lauds retiring CEO, boosts hub's gateway role
By Wayne Risher (Contact), Memphis Commercial Appeal
Friday, September 25, 2009


The Canadian National Railway Co. marked a $100 million upgrade of its second-largest U.S. rail yard Thursday by naming it for retiring president and CEO E. Hunter Harrison.Harrison, 64, began his railroad career as a laborer at the old Frisco Railroad Capleville yard in 1963.

The Canadian National Railway Co. noted its $100 million yard renovation by naming the 433-acre site in Southwest Memphis for E. Hunter Harrison, a Memphis native who is retiring as president and CEO of the company.

With horn blaring, locomotive No. 2297 smashed through a banner stretched across the tracks to celebrate the switch to Harrison Yard. The 433-acre site, formerly known as Johnston Yard, had gone 60 years since its last major renovation.

Harrison said a 1948 redesign corrected serious safety problems but left the former Illinois Central yard badly configured for a growing CN network.

During the dedication ceremony, Harrison said his great-grandfather, whom he never knew, lost a leg in an accident at the IC yard in an earlier, more dangerous era.

The Memphis native and Kingsbury High School product said that between Harrison Yard, 297 Rivergate in Southwest Memphis, and the nearby Intermodal Gateway Memphis, CN has invested nearly $150 million in Memphis in four years. "This gateway is critical to us. It has tremendous strategic value," Harrison said. As CN's second-largest classification yard behind Chicago, it's key to serving the Gulf Coast region. "We think Memphis going forward is going to play a vital and larger role than it has even in the past," Harrison said.

Added executive vice president Claude Mongeau, who will succeed Harrison on Jan.1: "This project transformed an aged, inefficient rail yard into a state-of-the-art, effectively designed major terminal capable of handling existing and future traffic quickly and efficiently. Today's yard can handle nearly double the traffic the old facility could in a 24-hour period."

Harrison said business and political leaders and members of the public can help grow the city's logistical strengths by continuing to support improvements in the area's transportation infrastructure.

Shelby County Mayor A C Wharton said, "This railroad has played a key role in our economic progress. We are facing the new age of railroads and the CN has positioned us to share the new opportunities. Today, the CN helps position Memphis at the center of the green transportation movement as well."

Harrison said he'd worked for a bakery and a gas station and as a paperboy before he heard about the Frisco Railroad paying good money. A student at then-Memphis State College, he got a job as a carman-oiler at Capleville.

Harrison has led CN since 2003.

He was president of the Illinois Central when it was bought by CN in 1998 in the first of $10 billion in acquisitions of smaller railroads.

He said he's proud of the worst-to-first turnaround at CN since it went public in 1995. It has gone from losing millions to as much as $1.3 billion a year in free cash flow, and he expects it to generate $700 million in free cash flow this year despite the recession.

"I am extremely, extremely bullish on railroads going forward," Harrison said. "The country is begging for a more efficient rail system. We're more environmentally friendly. We're more energy-efficient."

He said problems including highway congestion, budget constraints and labor shortages "all point to big railroads."

"I was very touched and I was very appreciative of that, and I think my wish would be that people would say, 'You know, there was a guy that was a driver of efficiency and productivity and because of that influence, this yard is going to be even better. We're not going to walk on his reputation and let this yard be an underachiever.'"

Harrison Yard by the numbers: 2 underpasses, 5 new bridges, 12 receiving and departure tracks, 45 classification yard tracks, 57 miles of track, 203 turnouts/switches, 459 employees, 3,100 freight car capacity, 8,706 retarders (rail brakes), 171,000 railroad ties, 240,000 tons of ballast, 342,000 tie plates and anchors & 500,000 railroad spikes.
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Old January 5th, 2010, 01:18 AM   #47
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Port of Memphis
The Port of Memphis is the fourth-largest inland port in the United States, and ranks number one in the nation in foreign import tonnage. More than 30 international freight forwarders operate in Memphis.
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Old January 5th, 2010, 01:21 AM   #48
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Memphis Parks & Recreation

Mirimichi Golf Course
The worlds first ‘Eco-Friendly Golf Course’ has opened in Memphis, Tennessee. A brainchild of singer and green celeb Justin Timberlake, the Mirimichi Golf Course is the first golf course in the US to receive the Audubon International’s Classic Sanctuary certification and hopes to gain Platinum LEED certification by opening day.

Moreover, Mirimichi features a 9-hole, Par 35 executive course called Little Mirimichi, which will open in September; an 18-hole putting course; and a practice facility that includes a driving range and a chipping area.
Mirimichi staff hope to educate the community about the course’s eco-friendly measures, the most obvious of which won’t be seen until 2011. That’s when a 43,000-square-foot clubhouse will open. It will be the first Platinum LEED-certified golf clubhouse in the world, a facility that uses recycled materials to construct it and solar energy to power it. Rich Peterson couldn’t yet put a price tag on the building, but he said it should reach “eight figures.”
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Old January 5th, 2010, 01:22 AM   #49
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Greater Memphis Greenline, Inc. wants to see Memphis and the Mid-South be covered in a network of greenways. The CSX Greenline is the first step toward that goal. It is a 7-mile long, 10-foot wide, paved trail from Tillman St. and Walnut Grove to the Shelby Farms Park Conservancy building on Farm Road. The Greenline is an example of what is called a "rails-to-trails" project.
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Old January 5th, 2010, 01:23 AM   #50
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SHELBY FARMS is the largest urban park in the United States. At a size of 4,500 acres (18 km2), it covers more than five times the area of Central Park in New York City with 843 acres (3.41 km2).

SFPC Master Plan In Progress
Construction Management of the Shelby Farms Park Conservancy Master Plan. The project, designed to enhance the park's 4,500 acres, will include improved and expanded trails, eight new entrances, a park restaurant and cafe, performance spaces, activity areas, other facilities and a significant amount of landscaping. The centerpiece of the project will be the expansion of Patriot Lake to nearly three times its current size to accommodate activities such as sailing, rowing and windsurfing.

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Old January 5th, 2010, 01:25 AM   #51
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The MEMPHIS ZOO is home to more than 3,500 animals representing over 500 different species. This includes Giant Pandas, being 1 of only 4 zoos in the nation to have them. Created in April 1906, the zoo has been a major tenant of Overton Park for more than 100 years. In 2008, the Memphis Zoo was ranked "#1 Zoo in the U.S." by TripAdvisor.com. Since the early 1990s, the Memphis Zoo has invested over $80 million for renovation and expansion, making it one of the finest zoological parks in the nation.



Future Exhibits:
Teton Trek- Four acre exhibit featuring grizzlies, timber wolves, elk and trumpeter swans. Scheduled to open in fall of 2009.
Zambezi River Hippo Camp- A new home for the Zoo's hippos. Also featuring Nile crocs, okapi and flamingos.
Chickasaw Bluffs- Concept exhibit that weaves a boardwalk trail through 17 acres of forest land.
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Old January 5th, 2010, 02:10 AM   #52
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Great city! Thanks for posting all this amazing project info. Best wishes from Toronto.
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Old January 5th, 2010, 04:12 AM   #53
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i never thought in my life that memphis would be represented on this forum haha.

however, many of these projects have been completed way before this thread's conception.
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Old January 5th, 2010, 05:32 AM   #54
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Quote:
Originally Posted by philvia View Post
i never thought in my life that memphis would be represented on this forum haha.

however, many of these projects have been completed way before this thread's conception.
Most are current or in various stages of development. A sizable portion may reach back up to a few years, but only a handful are from the earlier part of the decade and maybe even a couple from the late 1990's. Some places may have been featured because of major renovations/ expansion, etc. Also, I think it is wise to showcase prior & relative development for the World Forum. For more day to day development news please view "Memphis Development News" in North America > Southeast Forum. It contains much more current development as Memphis economically out performs most northeastern U.S. cities.
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Old January 5th, 2010, 06:19 AM   #55
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Goodlett Farms/ Shelby Oaks (NE I-40 Corridor)
The Northeast Memphis office submarket has 2 million square feet of space. Its overall vacancy is 9%
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Old January 5th, 2010, 06:21 AM   #56
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7130 Goodlett Farms Parkway
225,000-square-foot Class A office building contains offices & a call center for Regions Bank. The 7100 building (not pictured) contains offices for AT&T and the new corporate headquarters for Hunter (ceiling fans, etc.).
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Old January 5th, 2010, 06:22 AM   #57
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Smith & Nephew Headquarters
New 286,000 S.F. Corporate Headquarters
Architect: Hnedak Bobo Group

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Old January 5th, 2010, 06:23 AM   #58
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New WKNO digital media center, $10,000,000
The 39,000-square-foot building will feature two television studios -- including one with HD production equipment -- an edit suite and digitally equipped FM studios. The site will also house WKNO's offices
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Old January 5th, 2010, 06:24 AM   #59
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Summer Trees Place
The Master Plan for this 42 acre parcel of land was designed to take advantage of the wetlands as an amenity. The building contains approximately 500,000 square feet of office space, clustered around a canal with pedestrian walkways and plazas. This unifying open space theme will act as the precedent for future development of the entire 300 acre site.
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Old January 5th, 2010, 06:28 AM   #60
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Pyramid deal with Bass Pro 'moving forward,' City Council told

By Amos Maki


Bass Pro officials have been determining what needs to be done with the old arena before it can be transformed into a $100 million regional attraction that would include a retail shop devoted to outdoors goods and a conservation exhibit focusing on the Mississippi River.
Lipscomb said Tuesday that the city will have to make a “significant investment” of up to $19.7 million to bring the structure up to code and meet state seismic updates, but that those improvements would be funded with a mix of federal grants.
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