Subscribe

Daily Briefs

By Updated: May 02, 2019 5:13 PM CT | Published: May 01, 2019 4:42 PM CT
  • Union Row touches Beale St.
  • Tesla service center opens in Memphis
  • Beale Street Music Festival three-day passes sold out, single-day tickets still available 
  • Building permit filed for Shelby County Juvenile Court facility upgrades
  • Botantic Garden installs Bicentennial Blues Bed in celebration of Memphis' 200th birthday 
  • FedEx CEO Fred Smith honored with business leadership award 
  • Lyft Memphis and Bud Light partnership offering discount rides for Beale Street Music Festival
  • ServiceMaster appoints new board chairman
  • Breast Cancer Eradication Initiative to host 26th annual Pink Ribbon Open May 20
  • Memphis in May Olympic Triathlon to unveil annual poster May 6

Union Row touches Beale St.

The accumulation of property for the planned Union Row mixed-use development extended to Beale Street on Thursday.

Union Row LB LLC purchased for $2.5 million a piece of L-shaped property that fronts both Beale Street to the south and and Gayoso to the north, property records show.

That’s the same 1.44 acres where the sellers, KNM Development Group, got approval two years ago to build a five-story, 101-room Best Western Vib hotel. That hotel plan was dropped.

Union Row is the name for the planned, 29-acre development of apartments, hotels, retail, offices and green spaces.

Generally, the development will be bordered by Union on the north, Beale on the south, Fourth on the west and Lauderdale on the east.

With Thursday’s purchase, Union Row developer Kevin Adams has now closed on at least six properties totaling 9.34 acres. That is more than 32 percent of the 29 acres that Union Row is to comprise.

Phase 1 alone calls for 673 apartments, a hotel of 200 rooms,  85,000 square feet of commercial space, 344,000 square feet of office space and 1,327 parking spaces in two parking structures.

Tesla service center opens in Memphis

Tesla Inc. opened a new service center in Memphis on Monday at 5851 Advantage Cove.

The center, which is part of Tesla’s increased investment in service in 2019, will conduct all repair procedures for Tesla vehicles including software diagnostics and resolutions, hardware adjustments and parts replacements, Tesla spokesman, Rich Otto, said in an emailed statement Wednesday.

“As we continue to see more new Tesla owners in your region, it’s important to us that local residents can conveniently get their car serviced by our expert technicians, either by visiting a brick-and-mortar location or scheduling mobile service for at-home inspections and repairs,” Otto said.

Customers can make appointments at the new service center by logging into their online Tesla account, calling the Tesla service hotline or by using the Tesla Mobile App.

-Natalie Martin


Beale Street Music Festival three-day passes sold out, single-day tickets still available 

Memphis in May International Festival announced Thursday that all three-day passes for the Beale Street Music Festival have officially sold out.

Single-day tickets for the three-day, four-stage event can still be purchased for $60. The annual music fest begins Friday evening and runs through Sunday, May 5.

-Natalie Martin


Building permit filed for Shelby County Juvenile Court facility upgrades

A building permit has been filed for the Shelby County Juvenile Court facility at 616 Adams Ave.

The permit, valued at $1.5 million, calls for “replacement of central plant, demolition and extension of existing mechanical courtyard.” Barnes and Brower Inc. is listed as the contractor.

-Natalie Martin


Botantic Garden installs Bicentennial Blues Bed in celebration of Memphis' 200th birthday 

The Memphis Botanic Garden announced Thursday the installation of a new celebratory planting, the Bicentennial Blues Bed, in celebration of the city’s 200th birthday.

The bed, a year-long planting, features blue hydrangeas, blue point junipers, blue dianthus, blue Hawaii ageratum, and African plumbago, according to a release.

The Bicentennial Blues Bed opened to the public this week, and is located just outside the Four Seasons Garden.

-Natalie Martin


FedEx CEO Fred Smith honored with business leadership award 

FedEx CEO and Chairman Fred Smith was honored with the Atlantic Council’s Distinguished Business Leadership Award April 30 at the Atlantic Council’s Distinguished Leadership Awards event in Washington, D.C.

The annual event honors several distinguished leaders for their “versatile contributions to the strengthening of the transatlantic relationship.”

-Natalie Martin


Lyft Memphis and Bud Light partnership offering discount rides for Beale Street Music Festival

Beale Street Music Festival attendees now have the chance to receive up to $10 off rides to and from the festival thanks to a partnership between Lyft Memphis with Bud Light.

The partnership, which will provide $10,000 toward Lyft rides during the festival this weekend, will allow those attending the festival to receive a discount by using the code BUDLIGHTBSMF.

“Beale Street Music Festival is such a huge event in Memphis each year, so we’re teaming up with Bud Light to offer discounted rides to help minimize parking and congestion stress,” Lyft general manager Sam Nadler said in a release. “We are also working around road closures and providing designated pickup and drop-off zones to make getting to and from the festival grounds as convenient as possible for festival-goers.”

Lyft’s designated pickup and drop-off zones for the festival will be at Union Avenue, West Butler Avenue and Kansas Street.  

-Natalie Martin


ServiceMaster appoints new board chairman

ServiceMaster Global Holdings Inc. has appointed Naren Gursahaney, the former president and CEO of security systems provider The ADT Corp., as its new board chairman.

Gursahaney succeeds Mark Tomkins, who had served as chairman since May 2016 and will remain on the board as chair of the audit committee.

ServiceMaster, which announced the appointment Wednesday, said Gursahaney’s experience leading ADT’s growth strategy following its spinoff from Tyco International Ltd. in 2012 “will be instrumental in helping ServiceMaster leadership pursue its growth strategy following the spin-off of frontdoor inc., the parent company of American Home Shield.”

The company also cited his experience as an independent director of NextEra Energy, saying it will be invaluable as ServiceMaster continues to accelerates growth.

Before ADT’s separation from Tyco, Gursahaney served as president of Tyco’s ADT North American Residential business segment and was president of Tyco Security Solutions, which provided electronic security to residential, commercial, industrial and governmental customers and was the largest operating segment of Tyco.

ServiceMaster – whose brand portfolio includes Terminix, ServiceMaster Clean, ServiceMaster Restore and Merry Maids, among others – said Tomkins’ tenure as chairman “left an indelible mark on the company.”

“His stewardship during the company’s executive leadership transition, the Terminix business transformation, and the restructuring of the company through the successful spinoff of the American Home Shield business has positioned the company for a strong future,” it wrote in a release.

ServiceMaster also reaffirmed its 2019 earnings outlook Wednesday, saying it expects full-year revenue between $2.02 billion and $2.05 billion and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) between $435 million and $445 million. The company also is expecting 2 percent to 3 percent organic revenue growth at Terminix for the year.

-Daily Memphian staff


Breast Cancer Eradication Initiative to host 26th annual Pink Ribbon Open May 20

The Breast Cancer Eradication Initiative will host its 26th LPGA tournament – The Pink Ribbon Open – Monday, May 20 at TPC Southwind.

Nearly 100% of all funds raised at the tournament will be returned as grants to healthcare organizations in the Greater Memphis Area, according to a release.

"My passion for this cause comes from seeing the difference we make in so many lives,” said Pink Ribbon Open founder, Joan Matthews. “When we began in 1994, there were very few resources for the uninsured or underinsured in our community facing the diagnosis of breast cancer. Now, with the funds generated from the PRO, we can provide grants for research, screenings, and treatment for those in need."

The tournament will feature professionals from across the world including Christina Kim, Tiffany Joh, Sarah Jane Smith, and Jane Park.

-Natalie Martin


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

Topics

Daily Briefs

Comment On This Story

Section Emails

Sign up to get the latest articles from the Metro section.