Lakeland
The Lake District developer files motion on bankruptcy
Yehuda Netanel, the developer of The Lake District, is still trying to pull together enough funds to keep his project alive despite a ruling against his bankruptcy-reorganization plan.
Freelance Reporter
Michael Waddell is a native Memphian with more than 20 years of professional writing and editorial experience, working most recently with The Daily News and High Ground News.
There are 1083 articles by Michael Waddell :
Yehuda Netanel, the developer of The Lake District, is still trying to pull together enough funds to keep his project alive despite a ruling against his bankruptcy-reorganization plan.
A new member has been appointed to replace Mandy Young, who has served on the suburb’s Planning Commission for the past eight years.
The Lake District gets another breath of possible salvation as developer Yehuda Netanel presents his latest plan to take care of bills.
“We are delighted that Buc-ee’s has chosen Fayette County as their West Tennessee site,” Senator Page Walley, R-Bolivar, said in statement released Wednesday.
With help from state funds, Bartlett’s school district will give teachers an increase in pay for the coming fiscal year.
The Lake District financing again appears to be in limbo as deadline passes, but foreclosure delayed.
The Heathfield project received its latest approval during a Lakeland Board of Commissioners meeting this week as development along U.S. 70 steadily continues.
While increased interest rates and rising cost of materials have slowed the housing market, things could improve by the end of this year or the first of 2025.
Mayor Mike Wissman — alongside 6-year-old “Mayor For a Day” Molly Grace Caldwell — ran a tight ship at Arlington’s annual budget review, keeping the suburb’s property-tax rate at $1.28 for the fourth consecutive year.
Bartlett officials have begun reviewing the Memphis suburb’s annual budget. And while there is no property-tax increase anticipated, there are some fee adjustments under consideration.
Future businesses like BlueOval and accompanying industry will provide opportunities for the local workforce, according to an executive with the Greater Memphis Chamber.
Stryker Corp. gathered some of its ankle-replacement patients at its Arlington campus to get feedback from those who have benefitted from the procedure.
Based on an idea borne from the pandemic years, Arlington Middle School has opened an outdoor classroom, providing a different learning environment for students.
After a two-year tenure as principal at Arlington High, Shannon Abraham is returning to Bartlett City Schools as head of the district’s high school.
Developer Yehuda Netanel has fallen short in his attempt to obtain the necessary financing to save his The Lake District project in Lakeland.
The Bartlett Board of Mayor and Aldermen approved the annual fiscal year budget on the first of three readings this week, maintaining the suburb’s $1.73 property-tax rate.
Leaders of the Memphis suburb intend to avoid a property tax increase for the coming fiscal year that begins in July.
“Taxes stink, but they are necessary to accomplish our goals as a city,” Lakeland Mayor Josh Roman said after the meeting.
Bands by the Square, blues by the lake and orchestras in at a winery: Two different concert series kick off in Shelby County suburbs, and a “Night of Enchantment” will unfold in Lakeland.
The Arlington Community Schools budget includes a substantial raise in salaries for the coming fiscal year, an increase official say will make the starting salary for teachers the highest of the suburban districts.
The budget includes nearly an 8% hike in annual starting teacher salaries to $52,000.In fact, all Arlington Community Schools employees will receive a significant increase in salary next year.
Michael Walker, Lakeland city manager, said development in the suburb has not only helped enhance the city but also provided a successful revenue stream.
With The Lake District no longer in the hands of developer Yehuda Netanel, Lakeland officials are waiting for the next move by the lender that bought the property.
The summer concert series features eight dates from mid-June to late-September at the A. Keith McDonald Pavilion at W.J. Freeman Park.
“Most of the citizens are looking for more outdoor opportunities,” said Bartlett Parks and Recreation Director Paul Wright.