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Home, Sweet Home Harder to Attain

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Home, Sweet Home Harder to Attain March 17-23, 2012, Vol. 5, Issue 12 SPECIAL EMPHASIS: RESIDENTIAL REAL ESTATE HOME, SWEET HOME HARDER TO ATTAIN Special coverage on residential real estate, which, despite some green shoots, still struggles with foreclosures and sagging values Page 14 Immigrants from Ireland find success – and similarities to their homeland – in Memphis Irish Stories PaGE 22 Photo: Lance Murphey Students practice soft-shoe at the Inis Acla School of Irish Dance in Cordova. Founder Mary McGinty named the school after Achill Island of County Mayo in Ireland. 26 Sports The Memphis Grizzlies’ recent loss to the Los Angeles Lakers proved that some local fans remain star-struck when Kobe Bryant & Co. come to town. Despite playing without two top players, however, Memphis almost knocked off the visitors. WEEKLY DIGEST: PAGE 2 EMPloYMENT: PAGE 10 HealtH CARE & BioteCH: PAGE 12 laW talK: PAGE 32 EDITORIAL: PAGE 38 A Publication of The Daily News Publishing Co. | www.thememphisnews.com 2 March 17-23, 2012 www.thememphisnews.com weekly digest Get news daily from The Daily News, www.memphisdailynews.com. Passenger Traffic Down, is owned by The TJX Cos. Inc., the parent 14, that eight C-17 aircraft will replace the military bases as part of a new Air Force company of T.J. Maxx and Marshalls. C-5A fleet at the Tennessee Air National strategy. Cargo Up at Airport The home décor chain currently has five Guard base in Memphis in fiscal year 2013, February passenger counts for Memphis stores in Tennessee: in Brentwood, Chat- which begins July 1. International Airport showed a 16.7 percent tanooga, Hendersonville, Knoxville and U.S. Sen. Lamar Alexander of Tennessee drop from February 2011. The passenger Mt. Juliet, according to TJX Cos.’ website. on Wednesday asked for a specific timeline Rhodes Named Finalist count of 533,474 compared to 640,806 a The Daily News reported in November a for the transition as Schwartz testified For Service Honor Roll year ago – before Delta cut a large number HomeGoods store might be in the works before the Senate Appropriations Subcom- of regional flights into and out of Memphis for Gallina Centro shopping center in Col- mittee on Defense in Washington. Rhodes College has been named a International starting in August. lierville. “I would like to give you the exact time- Presidential Award Finalist in the 2012 The 177 scheduled flights for February line,” Schwartz said. President’s Higher Education Community was 28 percent less than the 246 flights in “But I think that is a reflection of a larger Service Honor Roll. February 2011. effort that’s under way to reshape airlift Fourteen higher education institutions For the calendar year, the number of Nat’l Guard Base to Get capabilities by retiring the big aircraft, the were selected as finalists. Honorees were passengers is down 18.6 percent from 2011 C-17 Aircraft in 2013 27 remaining C-5As and repopulating with announced at the American Council on with just more than 1 million. C-17s.” Education’s annual meeting this week. The 701.3 million pounds of cargo U.S. Air Force Chief of Staff Gen. Norton The new cargo planes due at the guard Since 2006, the Honor Roll has been handled at Memphis International Airport A. Schwartz confirmed Wednesday, March base will deliver both troops and cargo to administered by the Corp. for National and in February was a 5.3 percent increase from a year ago. The 1.3 billion pounds of cargo for the calendar year so far is up 4 percent from a year ago. Meanwhile, airport executives are plan- ning to mark the one-year anniversary of the flooding of DeWitt Spain Airport in Frayser. The airport was heavily damaged May 5 when a levee near the airfield broke as the Mississippi River and its tributaries reached their highest levels since 1937. The airfield reopened in August and is still operating with a temporary office building that the Memphis-Shelby County Airport Authority plans to replace with a permanent structure. Planned Riverfront Grille Would Open in July The Riverfront Development Corp. is in the final stages of negotiations with Beale and Second Inc. to operate the restaurant at the Beale Street Landing project. The boat landing, dock and park at the foot of Beale Street would open in April with the Riverfront Grille & Dockside Bar to open in July. Beale and Second Inc. was the only company to respond to the city’s request for proposals to run the restaurant. HomeGoods Preps For Memphis Store Plans are under way for home décor retailer HomeGoods to enter the Memphis market in Cordova. Metro Construction Inc. has filed a $950,000 building permit application with the city-county Office of Construction Code Enforcement for interior renovation of a former Samuels Furniture and Interiors at The Commons at Dexter Lake, 1615 N. Germantown Parkway, according to The Daily News Online, www.memphisdaily- news.com. Samuels closed that location in fall 2010, citing economic reasons. The Commons at Dexter Lake is a 166,958-square-foot center owned by Houston-based Weingarten Realty Inves- tors. Situated 1.5 miles south of Wolfchase Galleria mall on Germantown Parkway, the 6525 Quail Hollow, Memphis, TN 38120 C/901-277-5839 center is anchored by Kroger, Stein Mart, Marshall’s and Dress Barn. Framingham, Mass.-based HomeGoods www.thememphisnews.com March 17-23, 2012 3 Get news daily from The Daily News, www.memphisdailynews.com. weekly digest Community Service. The Honor Roll rec- to humans, but the basis for why is un- Additionally, CBU won Bronze for its and commanded a medical squadron. ognizes higher education institutions that known. “Distinguish Yourself” billboards in the At UTHSC she will be responsible for reflect the values of exemplary community The findings from Courtney’s study lay category of Outdoor Transit/Billboard and education, research, clinical care and service and achieve meaningful outcomes the foundation for developing therapies or earned a Merit for its radio advertisement public service at the College of Nursing, in their communities. vaccines to block this bacteria. featuring a voiceover by a CBU student in the leading producer of nursing faculty and More than 80 percent of Rhodes stu- the master’s of business administration graduate nurses in the region. dents participate in service. Twice, the col- degree program. lege has been ranked No. 1 on Newsweek’s Winners are selected for programs and “Most Service-Oriented” list of schools. St. Jude Researchers Aid materials that display exceptional quality, In Gene Discovery creativity and message effectiveness. Theatre Memphis Announces 2012-13 Season St. Jude Children’s Research Hospital, Evolve Designated Washington University Pediatric Cancer Theatre Memphis has announced its Preferred Lender Genome Project and Memorial Sloan-Ket- Mayor Wharton Appoints 2012-2013 season, which will include mu- tering Cancer Center say they’ve discovered Education Task Force sicals, comedy, drama, classics and new Evolve Bank & Trust has been desig- the first gene alteration associated with work. nated a preferred lender within the U.S. patient age and neuroblastoma outcome. Memphis Mayor A C Wharton Jr. has The 411-seat Lohrey Stage will begin the Small Business Administration Preferred Researchers identified the first gene named a 21-member task force to recom- season Aug. 24 with “Fiddler on the Roof.” Lender Program. mutation associated with a chronic and mend the role of city government once the The Lohrey Stage season will continue with That means Evolve Bank & Trust will often fatal form of neuroblastoma that typi- county’s two public school systems are “Dangerous Liaisons,” “Six Degrees of Sepa- have the authority to issue the loan guar- cally strikes adolescents and young adults. consolidated. ration,” “A Chorus Line,” “Brighton Beach anty agreement and other necessary loan The findings provide the first clue about Wharton anticipates that with schools Memoirs” and “Singin’ in the Rain.” approval forms to allow qualified small the genetic basis of the long-recognized but consolidation, the city of Memphis will no “A Christmas Carol” will be performed businesses to receive an SBA-backed loan. poorly understood link between treatment longer be required to fund local schools at as a special holiday offering in December Evolve’s SBA division, which was added outcome and age at diagnosis. a certain level. for the 35th consecutive year. in 2011, is located in Denver, Colo. Evolve The study appears in the March 14 edi- But Wharton has said that doesn’t mean The Next Stage season will begin Sept. Bank & Trust is based in West Memphis tion of the Journal of the American Medical the city wouldn’t have any role in local 21 with “Talley’s Folly,” followed by “Altar and currently operates five full-service Association. education. Boyz,” “A Steady Rain” and “Sylvia.” branches in Arkansas and Tennessee and He has talked specifically of the city more than 25 mortgage production offices funding some effort apart from the merged nationwide. school system to promote early childhood A2H Honored by Three development and education. Grant Funds STEM Professional Organizations Methodist Le Bonheur Healthcare Summer Sessions Systems Vice President Cato Johnson and Doug Carpenter & Assoc. Askew Hargraves Harcourt & Associ- former Booker T. Washington High School Funded by a special grant from the Ten- Hires Art Director, Intern ates Inc., also known as A2H, recently principal Elsie Bailey are the co-chairs of nessee Board of Regents, the University of won three awards from two professional the committee. Memphis will offer a residential summer John David Dowdle has joined the ad- organizations. session July 8-21 for high school students to vertising firm doug carpenter & associates The Tennessee Society of Professional explore the STEM fields – sciences, technol- as art director.
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