MBJ: ALSAC’s Shadyac hints at St. Jude’s Pinch plans

MBJ: ALSAC’s Shadyac hints at St. Jude’s Pinch plans

In advance of Tennessee Gov. Bill Haslam’s visit to Memphis tomorrow for an announcement at St. Jude Children’s Research Hospital, ALSAC president and CEO Rick Shadyac spoke about his vision for the Pinch District.

At the Greater Memphis Chamber’s Annual Chairman’s Luncheon, Wednesday, Dec. 6, Shadyac said, “To those who have attended the Pinch District meetings, know you have a partner in ALSAC and St. Jude.”

Shadyac said he envisions the Pinch District as a place for St. Jude employees and patients’ families, as well as a place where Memphians want to live, work and play.

During the luncheon, Doug Browne, president of Peabody Hotels & Resorts, presented Shadyac with a $12,000 check. ALSAC is the fundraising arm of St. Jude, and the money was raised over the last six months from proceeds of a special St. Jude cocktail and dessert served at the Peabody and its affliate restaurants. The hotel has a goal of raising $1 million for cancer research.

Shadyac thanked the Peabody and the Belz family personally.

Shadyac also thanked other stakeholders involved in the revitalization of the Pinch District including Tennessee Gov. Bill Haslam, of which “you’ll be hearing more about in the coming days,” he said.

In April, the Tennessee General Assembly passed an annual budget for fiscal 2016 that included a non-recurring sum of $12 million to be earmarked for the Department of Economic and Community Development (TNECD), FastTrack Infrastructure and Job Training Assistance, to be “paid for the benefit of St. Jude Hospital in Memphis.”

In an interview with the Memphis Business Journal in December of 2015, the TNECD’s Boyd said his department may be able to assist St. Jude with a grant to develop public infrastructure or provide job training.

Shadyac concluded his remarks at the Chairman’s Luncheon with a reminder.

“A mile and a half down the road, there are moms and dads who are being told their child has cancer,” Shadyac said. “And, that’s what our expansion is all about — making true on Danny Thomas’ dream that ‘no child should die in the dawn of life.”

MBJ: ALSAC’s Shadyac hints at St. Jude’s Pinch plans


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