Memphis News

10/24/22

Starter Homes Are Only Affordable in Four Cities

Soaring mortgage rates are a big part of the problem, with the 30-year fixed rate mortgage at almost 7%. DAN WEILOCT 20, 2022 6:26 PM EDT With home prices elevated and mortgage rates soaring, homes have become unaffordable for many prospective buyers, especially starter homes. Point2, a real estate search web site, compiled a study…

10/18/22

A ‘win-win:’ U of M, BBA, and Community LIFT join forces to create venture fund for Black tech businesses

For more than a decade, Kurt Kraiger, Ph.D., had worked at Colorado State University in Fort Collins. But the professor desired a change; he wanted to live in a bigger city, and one where he could have more of an impact on the community. So, about four years ago, Kraiger took a position at the University…

10/12/22

Vic on Union gets 12-year PILOT for its $46.6 million apartments, pool, lazy river

The Medical District is getting a lazy river and a new apartment complex. On Tuesday, Oct. 11, the Center City Revenue Finance Corp. also approved a 12-year PILOT for the Vic on Union development in the Medical District. Center City Revenue Finance is an affiliate board of the Downtown Memphis Commission (DMC). Texas-based Hunington Properties…

10/12/22

UTHSC, Methodist tuition-free program offers fast track to nursing career

With the nation facing a widespread nursing shortage, the University of Tennessee Health Science Center and Methodist Le Bonheur Healthcare have teamed up to produce nursing students at a faster pace, at no cost to the student. With the population aging, the U.S. Bureau of Labor Statistics projects that more than 275,000 additional nurses will…

10/06/22

University Lofts project to add 105 apartments to Edge District

The Edge District is getting another apartment complex. On Wednesday, Oct. 5, the Design Review Board, an affiliate board of the Downtown Memphis Commission, approved plans for the 105-unit apartment complex at 440 Monroe Ave. in the former Holliday Event Flowers. “This is another development that adds urban density to the neighborhood,” Downtown Memphis Commission…

10/06/22

New food star to open on S. Highland

A California-based restaurant franchise, Celebrity’s Soul Food, is rolling out the red carpet Wednesday, Oct. 5, in Memphis to celebrate the grand opening of its first Tennessee location at the former Newk’s Eatery site on South Highland Street. Celebrity’s founders Taja and Fredrick Jacobs partnered with franchisees Jennifer Cochran-Welch and Court Welch to open the…

10/06/22

GloRilla takes home BET Hip Hop Award

After earning a Billboard-charting hit with “F.N.F.” and inking a deal with Yo Gotti’s CMG label — Memphis rapper Gloria “GloRilla” Woods continues to earn accolades. The latest: Being named “Breakthrough Hip Hop Artist” at the 2022 BET Hip Hop Awards. Although it aired on television Tuesday, Oct. 4, the ceremony was taped Friday, Sept. 30, at…

09/30/22

Research roundup: UTHSC professors score big national grants from National Cancer Institute, NIH

In FY 2022, the University of Tennessee Health Science Center (UTHSC) earned a record $132.9 million in grant and contract awards, marking the sixth straight year it had seen an increase. Whether the institution can extend the streak in FY 2023 remains to be seen; it’s less than three months into its new fiscal year. But so…

09/30/22

Memphis artist hopes new venue will ‘shed light’ on city’s art scene

To Kenneth Wayne Alexander, Memphis artists deserve a seat at the table — that table being recognition from the rest of the world. At Cafe Lit, Alexander is gearing up to build the table himself. In late 2019, Hulsey Britt and Frankey Anderson approached Alexander with a proposition: to curate a combined art space, restaurant, and…

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