Wharton Defends, Touts Record at State of the City – Memphis Daily News

Memphis Mayor A C Wharton Jr. defended and touted Thursday, Jan. 29, his administration’s pursuit of the economic development projects that his challengers in the October city elections will likely use to make their case. Wharton touted, among other projects, Bass Pro Shops at The Pyramid as well as the city’s purchase of AutoZone Park, the Sears Crosstown redevelopment and the comeback of Overton Square during his annual State of the City speech at Hattiloo Theatre. And Wharton vowed to pursue the same formula in planned redevelopment of the Pinch District, east of the Pyramid and a redevelopment of the … Continue reading Wharton Defends, Touts Record at State of the City – Memphis Daily News

MDN: Wharton Administration No Show At Fairgrounds Forum

“No one from the administration of Memphis Mayor A C Wharton Jr. showed up Wednesday, Jan. 28, for a public forum on Wharton’s still-developing plan for the redevelopment of the Mid-South Fairgrounds. But that didn’t stop other elected leaders and many in the crowd of 150 at Circuit Playhouse from calling on Wharton to put the pursuit of a Tourism Development Zone to fund the redevelopment on hold. Shelby County Commissioner Reginald Milton, whose district includes the Fairgrounds, said he was “disappointed” no one from the Wharton administration was present to make their case for the project. He was one of … Continue reading MDN: Wharton Administration No Show At Fairgrounds Forum

MDN: Fourth-Quarter Bankruptcies Reflect Continued Drop

“Bankruptcies in Shelby County dropped below the 3,000 mark in the last quarter of 2014 after being just above it in the third quarter. The 2,634 bankruptcies filed from Oct. 1 to Dec. 31 compare to 3,135 filings from July 10 to Sept. 30. The fourth quarter 2014 filings are down from the 3,185 filed in the fourth quarter of 2013 and the 3,144 in fourth quarter 2012, according to The Daily News Online, memphisdailynews.com. ….” Fourth-Quarter Bankruptcies Reflect Continued Drop – Memphis Daily News. Continue reading MDN: Fourth-Quarter Bankruptcies Reflect Continued Drop

MDN: Cheesecake Factory Eyeing Wolfchase

“The Cheesecake Factory, a wildly popular restaurant chain, is eyeing the Wolfchase Galleria in Cordova for its first Memphis-area location, according to sources with knowledge of the plans. A representative from Simon Property Group, Wolfchase’s owner, could not confirm the talks, saying an announcement would only be made once a lease is fully executed. But during his State of the City address Thursday, Jan. 29, Memphis Mayor A C Wharton Jr. said the restaurant chain was eyeing Memphis. Sources said The Cheesecake Factory would likely open a restaurant inside the Wolfchase Galleria, on the Germantown Parkway side of the mall. … Continue reading MDN: Cheesecake Factory Eyeing Wolfchase

MBJ: Memphis unemployment rate flatlines in December

“The Memphis area unemployment rate didn’t move in December, according to figures released by the Tennessee Department of Labor and Workforce development. It’s the second straight month in which the seasonally adjusted rate unemployment rate in the Memphis area, including sections of North Mississippi, Eastern Arkansas and Shelby County, was mostly unchanged. The current unemployment rate is at 7.6 percent, unchanged from November and up just .01 percent from October’s revised rate of 7.5 percent. Shelby County’s rate remains at 8.1 percent while Tipton County’s rate increased to 8.8 percent from 8.5 percent in November. But, by far, the most … Continue reading MBJ: Memphis unemployment rate flatlines in December

MBJ: Houston’s restaurant pulled a $90,000 building permit for upgrades to its outdoor dining area.

“… “We are just renovating the patio and installing a fountain,” Goode said. The American steakhouse is located at 5000 Poplar Ave. near the White Station Tower and is one of 11 Houston’s across the U.S.” Houston’s restaurant pulled a $90,000 building permit for upgrades to its outdoor dining area. – Memphis Business Journal. Continue reading MBJ: Houston’s restaurant pulled a $90,000 building permit for upgrades to its outdoor dining area.

MBJ: Medtronic Spinal employees increase local volunteer hours

“Employees of Memphis-based Medtronic Spinal contributed more than 4,789 charitable hours to local nonprofits in 2014, compared to 4,221 in 2013. Of the 1,500 employees Medtronic has in the Memphis area, 1,089 of them volunteered last year through the company’s Mission in Motion Program. Medtronic allows employees to volunteer during their workday. The company also provided grants to area organizations where its employees volunteered. Medtronic donated $10,000 to Le Bonheur Children’s Hospital and $30,000 to Christ Community Health Services that will go towards spinal health initiatives from both organizations. “The sixth tenet of the Medtronic Mission is about maintaining good citizenship as … Continue reading MBJ: Medtronic Spinal employees increase local volunteer hours

MDN: Jobless Rates for Memphis, Shelby County Drop

“The unemployment rates for Shelby County and the city of Memphis both fell by about a percentage point in December, according to new figures out today from the Tennessee Department of Labor and Workforce Development. Preliminary employment totals for Shelby County for last month show an 8.1 percent jobless rate for the county, with a labor force of 412,270 and an unemployed population of 33,230. That jobless rate is down 1 percent from the 9.1 percent rate in December 2013. In Memphis, meanwhile, the jobless rate in December stood at 9 percent, preliminary figures show. That’s down 1.2 percent from … Continue reading MDN: Jobless Rates for Memphis, Shelby County Drop

MBJ: EDGE, Memphis City Council and Shelby County Commission looking at changes to PILOT program

“Lost in the hubbub of last week’s approval of an 11-year PILOT for Ikea during the January meeting of the Economic Growth Engine for Memphis & Shelby County was a proposal by EDGE to simplify the payment-in-lieu-of-taxes incentive program. … EDGE has proposed a variety of changes that include reducing the tax abatement percentage for the city of Memphis to 75 percent from the current rate of 80 percent. The maximum for Shelby County is already 75 percent. Other changes would include simplifying the PILOT application from a 12-page document to a four-page document, and making it available online. Current applications can sometimes stretch … Continue reading MBJ: EDGE, Memphis City Council and Shelby County Commission looking at changes to PILOT program

High Ground News: New things coming for Miss Cordelia’s in Harbor Town

A new general manager at Miss Cordelia’s Grocery is fixing what isn’t broken.Russell Smith recently joined the Harbor Town store’s team with a goal of refining the product offering without taking away the familiarity. … Increasing the number of organic food options is on his to-do list, as well as adding prepared foods that appeal to those with dietary restrictions. Think paleo, gluten free, sugar free and low sodium options.Some changes already are afoot. Smith added a bomber selection of beers and changed the store’s coffee-by-the-cup selection to Relevant Roasters, a Memphis roasting company launched last year by Jimmy Lewis.He hired Jake … Continue reading High Ground News: New things coming for Miss Cordelia’s in Harbor Town