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Business

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  • Premium Financial Services

    First Horizon remains on top, Pinnacle leads in deposit growth

    Total deposits in Memphis grew from $39.23 billion to $40.83 billion, according to the FDIC. 

    By Christin Yates September 21, 2021
  • Real Estate

    114 N. Main set for commercial renovation

    The tower at 114 N. Main sits at the corner of Adams Avenue and North Main Street. It shares the block with the Fire Museum of Memphis.

    By Rob Moore September 20, 2021
  • Premium Real Estate

    Market driving Raymond James Tower shift to residential, owner says

    The goal is for the granite skyscraper to eventually become mixed-use, with restaurants and some commercial real estate, but primarily residential, said Jacob Sofer of N.Y.-based Madison Realties.

    By Rob Moore September 20, 2021
  • Spirit of Memphis

    Snkrr Bar wants to save soles

    Dominique Worthen owns the shop in The Gilmore building in Midtown. Customers, who include Grizzlies legend Tony Allen, are a mix of hard-core sneakers enthusiasts and folks who just want their shoes restored.

    By Rob Moore September 20, 2021
  • Premium Financial Services

    MMBC awarded grant to help minority-owned businesses

    The Mid-South Minority Business Council Continuum also received a one-year Coronavirus Response and Relief Program grant to provide information and best practices to support minority firms affected by the COVID-19 pandemic.

    By Christin Yates September 18, 2021
  • Business

    Thanks to you, Daily Memphian defies odds, reaches third birthday

    The Daily Memphian has become the largest digital-only, local news site in the country. Being the biggest was never our goal. We just wanted to do all we could to provide quality local news to the Memphis area on a daily, if not hourly, basis.

    By Eric Barnes September 23, 2021
  • Premium Spirit of Memphis

    Restored marquee lights up Summer Avenue

    Broadway-like lights of the Luciann Theater building’s newly restored marquee were turned on Thursday night.

    By Tom Bailey September 17, 2021
  • Premium Spirit of Memphis

    In business, Dunavant presided over big bang of his own

    “He always wanted the best people to take care of his business. You know what? If you get the best people, you don’t have to worry about execution. He knew that if we executed, we would get another opportunity,” son Bill Dunavant said.

    By Jane Roberts September 17, 2021
  • Premium Spirit of Memphis

    Billy Dunavant: In a league of his own

    Landing an NFL team for Memphis proved to be the dream that got away in Billy Dunavant’s professional life. But when the scores are added up, he won much more than he lost. And so did those who were fortunate enough to know him well. 

    By Don Wade September 19, 2021
  • Premium Real Estate

    Another bright sign appears for Summer Avenue’s future

    The Luciann theater building just took a big step in returning to its glory days, long before its more recent history as an adult entertainment business.

    By Tom Bailey September 16, 2021
  • Real Estate

    Olive Branch’s first mixed-use development breaks ground

    Focal Point Investments also developed the mixed-use building at 999 S. Cooper St. in Midtown Memphis.

    By Rob Moore September 16, 2021
  • Transportation & Logistics

    EDGE board grants 2 new PILOTs for business expansions

    The PILOTs were granted to RedDot, a Washington-based HVAC manufacturer and distributor, and DHL Supply Chain, a third-party logistics provider.

    By Omer Yusuf September 15, 2021
  • Business

    EDGE grants exemption for anchor grocery store requirement

    Binghampton Development Corp. Executive Director Noah Gray and Shawn Massey with The Shopping Center Group shared more with the EDGE board about their unsuccessful attempt to lure a new grocer. 

    By Omer Yusuf September 15, 2021
  • Health Care

    Baptist breaks ground on new emergency department in Arlington

    On Wednesday, September 15, Baptist hosted a groundbreaking ceremony for the freestanding ER, the first of its kind in Shelby County. The hospital bought 80 acres at the site in 2003.

    By Michael Waddell September 15, 2021
  • Business

    Former Raymond James Tower to get residential makeover

    The Downtown Memphis building once known as Raymond James Tower will become the Memphis Waterfront Tower, with more than 300 apartments.

    By Rob Moore September 18, 2021
  • Premium Real Estate

    Construction crew makes discovery at landing: bonus cobblestones

    The extra, 5,300 square feet of buried stones would expand the area of the cobblestone-landing project by nearly 2% if state and local officials agree to enlarge the restoration site.

    By Tom Bailey September 15, 2021
  • Business

    First phase of Water Tower District at Schilling Farms receives final approval

    Collierville’s Board of Mayor and Aldermen approved a development contract and final plan for a proposal at Schilling Farms including apartments, amenities and retail.

    By Abigail Warren September 15, 2021
  • Real Estate

    Proposed nutrition store seeks loan to renovate Downtown property

    Downtown Nutrition + Energy will be based on the business model of The Nutrition Hub, which is located in Germantown. 

    By Rob Moore September 15, 2021
  • Business

    Students say Rhodes slow to respond to racist incidents

    An email to the campus community from interim president Carroll Stevens last week acknowledged incidents “that have contributed to our campus community feeling unsafe, particularly for Black and Jewish students.”

    By Jane Roberts September 14, 2021
  • Business

    U of M makes gains on U.S. News & World Report ranking

    The University of Memphis moved from No. 126 in 2021 to No. 123 in the Top Public Schools list. The college rose 20 spots in the Social Mobility category for efforts that have improved graduation rates for Pell-eligible students.

    By The Daily Memphian Staff September 13, 2021
  • Business

    Binghampton Development Corp. finds new tenant to replace Save A Lot

    The BDC could not find another grocer to replace Save A Lot in the Binghampton Gateway Center and changed its approach to find a new tenant. 

    By Omer Yusuf September 14, 2021
  • Business

    Expert in cycling takes a liking to Memphis’ flat terrain, bike lanes

    Lynn Greer, who has more than 30 years of experience in the cycling industry, started working for Victory Bicycle Studio in Binghampton. 

    By Julia Baker September 12, 2021
  • Update Business

    Cotton executive Dunavant was ‘a great Memphian’

    The fifth-generation Memphian who transformed Dunavant Enterprises into a global presence was also named to the Memphis Sports Hall of Fame.

    By Julia Baker September 18, 2021
  • Business

    Large employers can use Biden’s order to implement private vaccine plans

    The Department of Labor will carry out the order through OSHA.

    By Jane Roberts September 11, 2021
  • Health Care

    Hospitals to receive more federal funds for pandemic relief

    Portal for applying will open Sept. 29; no date yet on when funds will arrive.

    By Jane Roberts September 10, 2021

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