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By Updated: April 30, 2019 6:21 PM CT | Published: April 29, 2019 8:34 PM CT
  • Memphis in May Olympic Triathlon to unveil annual poster May 6
  • Building permit filed for Cossitt Library renovation
  • Lender drops one suit in Clark Tower case
  • Colbert retiring, Junior Achievement seeks new leader
  • FedEx announces winners of annual Small Business Grant Contest
  • Comcast and Memphis to host volunteer project to paint murals at Humes Prep

Memphis in May Olympic Triathlon to unveil annual poster May 6

The Memphis in May Olympic Triathlon will celebrate its 37th year will the unveiling of its 2019 limited-edition art poster Monday, May 6, from 5 p.m. to 7 p.m. at The Peddler Bike Shop on 3548 Walker Ave.

The public is invited to attend the unveiling of the poster, designed by artist Richard Williams, and to celebrate Memphis’ bicentennial anniversary with refreshments including Flat Hat Ale, wine and snacks. 

-Natalie Martin


Building permit filed for Cossitt Library renovation

The city of Memphis has filed a building permit for the renovation of Cossitt Library on 33 S. Front St.

The renovation is valued at $3.5 million, and includes new bathrooms, new meeting rooms, new performance spaces, a break room and a new café. Tom Moisan of Memphis-based Pickering Firm is the designer of this project.

Other renovations to come to the library include a listening area for vinyl records on the second floor, an installation toward the river side of the ground floor commemorating the 1960 sit-in protests staged at the Cossitt and other locations, and updates to the library’s courtyard.

The library is closed for renovations, and is expected to re-open by the end of the year or early 2020.

-Natalie Martin


Lender drops one suit in Clark Tower case

The lender seeking to foreclose on 34-story Clark Tower has dropped a related lawsuit that asked the federal court in Memphis to appoint a receiver for the property.

The motion on Monday is the second legal development in the past week that has gone in favor of building owner Clark Tower LLC, which is affiliated with Florida-based In-Rel Properties.

Last week, a New York state court temporarily blocked the foreclosure sale that had been scheduled for Friday, April 26, on the steps of the Shelby County Courthouse.

A primary issue before the New York court is whether Clark Tower LLC followed the terms of an agreement that would have allowed it to refinance a $60 million loan. Loan special servicer C-III Asset Management claims Clark Tower broke the agreement, meaning the loan matured and was due to be repaid in September. Clark Tower claims it followed the terms and should be able to refinance.

A hearing on the lender’s suit asking the court to appoint a receiver was to have been held in U.S. District Court in Memphis on Wednesday, May 1.                   

- Tom Bailey


Colbert retiring, Junior Achievement seeks new leader

Larry Colbert, president and CEO of Junior Achievement of Memphis and the Mid-South for the past nine years, is stepping down this summer and the organization is searching for a new leader.

Colbert has been a JA executive for more than 20 years. Junior Achievement teaches financial literacy, entrepreneurship, economics and work readiness to elementary, middle and high school students in the region. 

The nonprofit with a staff of five depends on contributions and hundreds of volunteers to provide services to more than 10,000 students a year through in-classroom programs and the JA BizTown educational experience.  JA is seeking support to ensure every fifth-grade student has the opportunity to experience JA BizTown, a five-week curriculum that culminates in a simulation at the JA office in Downtown Memphis where students run their own city for a day. 

“Junior Achievement focuses on things that are vital to a bright future for Memphis – entrepreneurship, financial literacy and preparation for the work world,” Colbert said in a release. “I’ve been honored to make this my life’s work for the past two decades.”  

Morgan Bohannon, chair of the JA board, said Colbert “has made so many significant contributions to JA for the past 20 years, and we thank him for all he’s done. Now we are looking for the right person to lead this work that is so important to the future of our community.”    

Anyone interested in applying for the leadership role at JA can email a resume and letter of interest by June 1 to CSOHiring@ja.org

For more information, visit www.jamemphis.org.

-Daily Memphian staff


FedEx announces winners of annual Small Business Grant Contest

FedEx announced Monday the winners of its seventh annual Small Business Grant Contest.

The winners include grand-prize winner LUX Blox, silver-prize winner Qore Performance, and 10 bronze-prize winners, according to a release. 

LUX Blox will receive a $50,000 grant, plus $7,500 in FedEx Office Services; Qore Performance will receive $30,000, plus a $5,000 credit in FedEx Office Services; and the 10 bronze-prize winners will receive $15,000 grants and $1,000 in FedEx Office services.

Two additional bronze-level winners were added to the contest this year for the first time due to the high volume of “outstanding” entries, the release noted.

LUX Blox, based in Illinois, manufactures construction blocks to teach children and adults about nature’s design principles through play.

The contest this year garnered more than 13,000 entries from candidates across the United States and more than 1.3 million votes.

The 10 bronze-level winners are: 

  • Caputo Brothers Creamery (Pennsylvania)
  • DetraPel (Massachusetts)
  • Enbois Originals (Florida)
  • Moka Origins (Pennsylvania)
  • Neu Inc. (Seattle)
  • Purpose The Therapeutic Box (Pennsylvania)
  • Sand Cloud (San Diego)
  • Something Borrowed Blooms (Louisiana)
  • Tall Order (New York)
  • Wear Your Music (Rhode Island)

-Natalie Martin


Comcast and Memphis to host volunteer project to paint murals at Humes Prep

Comcast and the city of Memphis will host a volunteer project at Humes Preparatory Middle School on Saturday, May 4, from 8 a.m. to 1 p.m. as part of Comcast’s annual Comcast Cares Day, the nation’s largest single-day corporate volunteer effort.

The Memphis event will bring more than 200 volunteers, elected officials, and community partners to Humes Preparatory at 659 North Manassas for the project. 

Volunteers will help paint murals in the middle school's hallways to create a “colorful” and “inspirational” environment for the school’s children and staff.

Memphis Mayor Jim Strickland will make opening remarks at the event and present a proclamation of “Comcast Cares Day” in Memphis.

- Natalie Martin

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