MBJ: WalletHub ranks 2015’s Best Cities to Start a Business and Memphis cracked the top 10.

“The Bluff City’s entrepreneurial spirit has earned some national recognition. A study released by WalletHub ranked “2015’s Best Cities to Start a Business,” and Memphis earned the No. 7 overall spot out of a list of the 150 most populated U.S. cities. … Memphis received a No. 14 rank in the “Access to Resources category” and was No. 39 in “Business Environment.” Topping the list in the No. 1 position was Shreveport, Louisiana, followed by Tulsa, Springfield, Missouri, and Chattanooga. Nashville was No. 20, and Knoxville was No. 32. Rounding things out at No. 150 was Newark, New Jersey. For … Continue reading MBJ: WalletHub ranks 2015’s Best Cities to Start a Business and Memphis cracked the top 10.

MBJ: Australian Drapac Group acquires first Memphis property

“Drapac Group, an Australian property investment and development company, has acquired its first property in the Memphis market and is looking for more. … The property consists of an historic, three-story building and a vacant lot at the northeast corner of Vance and Front, adjacent to Gus’s World Famous Fried Chicken and across the street form the Old Dominick distillery in development. … Drapac Group USA was established in 2010 to invest in the rebounding U.S. property market and to capitalize on the unprecedented real estate opportunities created by the global financial crisis, the website says. Drapac is currently working … Continue reading MBJ: Australian Drapac Group acquires first Memphis property

MBJ: MATA board moves on $55 million Central Station Redevelopment

“The Memphis Area Transit Authority board has moved forward on the plan to redevelop Central Station into a mixed-use residential and retail center. At its meeting Monday, the board gave permission to staff to negotiate with private developers on the project. The Central Station project is slated to include a hotel, a movie theater and more than 200 apartments. MATA is partnering with Henry Turley and Archie Willis III on the redevelopment. The hotel is to be developed by Memphis-based Kemmons Wilson Companies while the new theater will be in the Powerhouse building on G. E Patterson and operated by Malco. The plan calls … Continue reading MBJ: MATA board moves on $55 million Central Station Redevelopment

MBJ: Elvis’ planes to stay at Graceland after all

“Despite several plans for a new home for Elvis’ jets, it appears as though they will stay at Graceland. Sunday evening, Graceland released a statement saying the Lisa Marie and the Hound Dog II will remain on the property. This despite plans to move the jets off site to a new location adjacent to Graceland. “Graceland is pleased that an agreement has been reached for Elvis’ two airplanes, the Lisa Marie and Hound Dog II to remain at Elvis Presley’s Graceland in Memphis permanently,” the statement said. OKC Partnership, which owned the airplanes, had planned to move the two planes to a property adjacent … Continue reading MBJ: Elvis’ planes to stay at Graceland after all

MBJ: The GREENPRINT 2015/2040 was selected for the Excellence in Sustainability Award for a Plan at a conference in Seattle on April 19.

“The Mid-South received national recognition this past weekend. April 19, the Greenprint 2015/2040 was selected for the Excellence in Sustainability Award for a Plan. The Greenprint is the final portion of the Mid-South Regional Greenprint and Sustainability Plan initiative. A consortium held from 2012 to 2014 and led by the Memphis-Shelby County Office of Sustainability, comprised of more than 300 people from 82 organizations in Tennessee, Arkansas and Mississippi, developed the new, award-winning plan. The accolade was given by the American Planning Association’s Sustainable Communities Division in Seattle as part of the National Planning Conference that honor “projects, plans, policies, individuals and … Continue reading MBJ: The GREENPRINT 2015/2040 was selected for the Excellence in Sustainability Award for a Plan at a conference in Seattle on April 19.

MBJ: Adventia LLC has expanded into Middle Tennessee

“Memphis-based Adventia LLC has expanded into Middle Tennessee. The company works to develop disease prevention programs ranging from the creation of wellness campaigns to biological testing and is looking to help employers in the Nashville area put together plans to confront chronic disease among employees. … The company has expanded its staff and is currently looking for office and lab space in Brentwood, a suburb of Nashville. To aid in the expansion, Adventia has brought in Kent Cooper, who will become the company’s executive vice president of sales. Cooper has worked in corporate sales for IBM, Siebel Systems and Burson-Marsteller.” Adventia LLC has expanded into … Continue reading MBJ: Adventia LLC has expanded into Middle Tennessee

MBJ: Pugh’s Flowers to host grand opening celebration for Southaven store.

“Business continues to blossom for one Mid-South florist. Pugh’s Flowers bought out Petal Pushers Florist in Southaven and opened its doors to the public about a month ago. A grand opening celebration is set for April 30 that will include a visit from Pughy the mascot, refreshments, giveaways, a Mother’s Day preview and a ribbon cutting hosted by the Southaven Chamber of Commerce. The new store is located at 9210 Millbranch Road. … The other Pugh’s locations are on Whitten Road, Poplar Avenue and Union Avenue. Pugh’s is also currently scouting sites on Goodman Road, Crawford said. Pugh’s relocated it’s Union … Continue reading MBJ: Pugh’s Flowers to host grand opening celebration for Southaven store.

MBJ: FedEx No. 39 most reputable companies

“FedEx Corp. has been named one of the most reputable companies in the world, on the annual RepTrak 100 list by the Reputation Institute, published in Forbes. FedEx ranked No. 39 on the 2015 list, a 15-point jump from last year. In 2011, FedEx ranked among the top 10 in a list that ranked the most reputable companies in the U.S. A company gets on the Global RepTrak list based on the public’s perception of seven categories: innovation, leadership, governance, citizenship, workplace, performance and products/services. ….” FedEx No. 39 most reputable companies – Memphis Business Journal. Continue reading MBJ: FedEx No. 39 most reputable companies

MBJ: Ariste Medical has received $4.6 million in funding

Congratulations to Bioworks and AristeMedical for this latest round of funding! “A Memphis-based device company has received a $4.6 million investment for its latest product. Ariste Medical has received the funding to continue development of a drug-eluting hernia mesh intended to reduce the risk of intra-abdominal infection. After hernia surgery, the risk of infection ranges from 8 percent to 40 percent, depending on complexity of the case. Ariste Medical was founded in 2007 by Timothy Fabian and Lisa Jennings, head of the Department of Surgery and the University of Tennessee Health Science Center and professor in the school’s Department of Medicine, respectively. Jennings also founded … Continue reading MBJ: Ariste Medical has received $4.6 million in funding