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Johnny Ryall Jun 4, 2010 11:20 PM

St. Jude named best children's cancer hospital in U.S.
Memphis Business Journal

St. Jude Children's Research Hospital has been named the nation's top children’s cancer hospital in the 2010-11 Best Children's Hospital rankings published in U.S. News & World Report. Memphis-based St. Jude received the best overall score in quality of care. It is the first and only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children and serves as an international resource to physicians and researchers.

"This recognition is an outstanding external acknowledgment for our institution, but more importantly for the dedicated St. Jude faculty and staff who devote their time, talent and lives to the young patients we see every day," said William E. Evans, St. Jude director and CEO, in a statement. This year's rankings were based on a hospital’s reputation; medical outcomes such as cancer survival; and care-related indicators of quality such as the number of patients, nursing staff and other factors. You can view the full rankings of the magazine’s Best Children’s Hospitals at www.usnews.com/childrenshospitals. The list will be published in the August issue of U.S. News & World Report.

Johnny Ryall Jun 6, 2010 6:22 PM

Heart of the aerotropolis
Airport at center of development drive
Memphis Business Journal - by Andy Ashby

http://assets.bizjournals.com/story_...01-300-0-1.jpg Photo Credit : ALAN HOWELL | MBJ

Memphis International Airport has come a long way from its birth as a 200-acre sod field used for airmail deliveries. Now, the 6,000-acre site on Winchester Road is home to FedEx Corp.’s main operations and a hub for Delta Air Lines Inc. It’s also the heart of the city’s effort to sell itself as “America’s Aerotropolis,” a key element in the area’s current economic development drive, dubbed “Memphis Fast Forward.” Arnold Perl, chairman of the Memphis-Shelby County Airport Authority board and a partner at Ford & Harrison LLP, likes to quote U.S. Secretary of Transportation Rodney Slater, who was in Memphis on April 17, 1998, for the dedication of the $110 million World Runway. “Aviation in the first half of the 21st century will be as important to the country as the interstate highway system has been in the second half of the 20th century,” Slater said. “There is no place in America that understands that more at its core than Memphis.”

Perl says the aerotropolis offers a blueprint for economic development in the city. “The aerotropolis strategy ties together the four modes of transportation with the airport as its anchor,” he says. “What aerotropolis achieves is bringing the community, both private and public sectors, together with spirit to achieve a bold vision of Memphis being one of the world’s great transportation centers, fueling further economic development and ensuring its place as one of the key access points in the global economy.”

Memphis is home to the nation’s fourth largest inland port with 16.3 million tons of goods transported annually and served by five Class I railroads. These are connected to the airport via a road system that is the third-busiest trucking corridor in the country and the trucking industry, which is represented by more than 300 truck lines locally. All of this activity has helped make Memphis International the largest cargo airport in the world for 18 straight years, with 3.69 million tons of cargo shipped in 2009. FedEx’s hub presence at Memphis International gives the city the latest drop-off times in the nation, a fact that has helped lure many companies in different business sectors, including biomedical companies like Smith & Nephew PLC and Medtronic Inc.

The airport opened in 1929 as a result of then-Memphis Mayor Watkins Overton’s Airport Planning Commission. In the late 1930s, the Works Progress Administration built the first modern terminal buildings. It eventually grew to 22 gates and became known as the Memphis Metropolitan Airport. According to Larry Cox, Memphis-Shelby County Airport Authority president and chief executive officer, the city owned the airport until 1969, when business leaders, especially future Airport Authority chairman Ned Cook, were able to get state legislation passed that allowed municipalities with more than 100,000 residents to create regional airport authorities. “There was insight then that aviation, from the 1970s and beyond, was going to be the stimulus to economic development that the interstate highways were in the 1950s,” Cox says. The goal was to take politics out of running an airport. “The Airport Authority allows us to operate as a business,” Perl says. Perl has been chairman of the Airport Authority for 14 years; the organization has only had three chairmen in its history. Cox has been with the Airport Authority for 25 years; it has only had three presidents since it was formed.

“Trying to do this with a leadership which changes every year would not work,” says Tom Schmitt, president and chief executive officer of FedEx Global Supply Chain and two-term chairman of the Greater Memphis Chamber. “What happens is that you have a couple of formal events and then hand it over after a year. You have to have that consistency.” In April 1973, FedEx started operations at Memphis International Airport with 33 planes. Company founder Fred Smith had approached Little Rock with his idea for a cargo airline company, but his requests for improved facilities were turned down. When he talked to Cook, then chairman of the Airport Authority board, he met with better results. “That spark became a multibillion-dollar company,” Cox says.

In its first few years of existence, FedEx almost went under a few times because it was forced into flying smaller airplanes due to the regulation of airlines, according to Cox. However, in the mid-1970s, the federal government deregulated the cargo airline business, allowing FedEx to use 727s and larger planes. “When he got those larger planes, he went from losing money to making money and growing,” Cox says. “It was constant growth and construction at the airport and there hasn’t been a day since where there hasn’t been construction at FedEx.” In 1978, the federal government deregulated passenger airlines and that industry took off. Memphis International Airport grew with it, expanding to 80 gates. In 1986, Memphis became a passenger hub for Northwest Airlines Corp. It became a Delta hub when the two airlines merged. “In 2008, when Delta announced its intention to merge with Northwest, most pundits predicted the closure of the Memphis hub, because it was the smallest in the United States,” Perl says. “Not only did Memphis retain this hub, but when the economy turns around, it’s our expectation that it’s going to grow.” Delta employs 1,500 people in Memphis and a similar number of Delta-connection partners at Pinnacle Airlines Inc., which is headquartered in Memphis. It has 230 flights a day to 87 non-stop destinations in 2010.

“I know there was a lot of concern and skepticism how Memphis and Atlanta could survive under the merger,” says Bob Cortelyou, senior vice president at Delta. Memphis fits into Delta’s plans by being a good gateway for the regions too far west of Atlanta, according to Cortelyou. Since the merger, Delta has mostly added flights from Memphis to cities in Texas, Arkansas and Louisiana. “We’re going to continue to expand on that,” Cortelyou says.

Cortelyou describes Memphis International Airport as an “economic powerhouse for the region.” He also says its favorable cost structure gives it a competitive advantage over many other airports. “We run the daytime and FedEx runs the nighttime,” Cortelyou says. “It’s a great 24-hour airport. All that activity helps to keep the costs low, which encourages us to add more service out of there and to increase the services we have.”

http://assets.bizjournals.com/story_...11-300-0-1.jpg Photo Credit : PARADIGM PRODUCTIONS | COURTESY MEMPHIS/SHELBY COUNTY AIRPORT AUTHORITY

Flintco Inc. is currently building a $61 million air control tower and $121 million ground transportation center. The 336-foot-tall tower will be the third largest in the country and fifth largest in the world. A 24,000-square-foot building will house training rooms, administrative offices and terminal radar approach controls. It is slated to open in 2011. The seven-level ground transportation center is being built between the new tower and an existing three-level parking deck. It will have 4,500 parking spaces, two floors of rental car services, valet parking and additional services such as auto detailing and oil changes. The center will also have 840-foot-long moving sidewalks into the main terminal. “Memphis International Airport is not resting on its past success, but is planning for its future,” Perl says.

FedEx Corp.
Transportation company
HQ: Memphis
President: Frederick W. Smith
Employees: 244,000
2009 revenue: $35.4 billion
Address: 942 S. Shady Grove
NYSE: FDX

Johnny Ryall Jun 11, 2010 2:25 AM

FedExForum Area Closer to Transformation
BILL DRIES | The Daily News


http://memphisdailynews.com/editoria....aspx?id=50559

Johnny Ryall Jun 11, 2010 2:26 AM

15 Years Later: Amsterdam Flight Opens Doors for City
ERIC SMITH | The Daily News


http://memphisdailynews.com/editoria....aspx?id=50558

Johnny Ryall Jun 11, 2010 2:26 AM

Le Bonheur’s Big Celebration Set for Tuesday
TOM WILEMON | The Daily News


http://memphisdailynews.com/Editoria...3&maxWidth=250
Le Bonheur Children's Hospital will celebrate the opening of its new $340 million building on June 15. The new facility will be the largest children's hospital in Tennessee and three surrounding states. Photo: Lance Murphey

http://memphisdailynews.com/editoria....aspx?id=50638

Johnny Ryall Jun 11, 2010 2:49 AM

Looks like Downtown Memphis' next 4-star hotel may be moving forward. For those who may not have caught it in the previous article about HopeVI jump starting the "Triangle Noir" project, a 10-year-$1 Billion master plan for southern Downtown, etc.

This week, the Shelby County Commission approved an application for $6.9 million in federal stimulus recovery facility bonds for another part of Triangle Noir. The bonds are for the Royal Phoenix Hotel, an 11-story hotel to be built on the southeast corner of Linden Avenue and Fourth Street.

Johnny Ryall Jun 12, 2010 9:09 PM

Bass Pro and Beyond
Hope for civic transformation with Big Three city projects
BILL DRIES | The Daily News

http://memphisdailynews.com/editoria....aspx?id=50663

http://memphisdailynews.com/Editoria...9&maxWidth=490
Bass Pro and the City of Memphis continue to try and hammer out a lease agreement for The Pyramid, which would include a costly seismic retrofitting to be paid for by the city. Photo: Lance Murphey

http://memphisdailynews.com/Editoria...0&maxWidth=490
One version from a 2008 city report of what The Pyramid might look like with a Bass Pro Shops store and other attractions. Note the location of a hotel inside the structure and an elevator to the top that is in the center with a restaurant on the top level. An alternate hotel site is the lodge building separate from The Pyramid but attached to it which would be on Front Street. The terms of a seismic retrofitting now being negotiated between the city and the retailer will be crucial to where these key features are.

http://memphisdailynews.com/Editoria...1&maxWidth=490
The view of the Liberty Bowl from East Parkway has been dramatically altered since the demolition of most Mid-South Fair buildings. Photo: Lance Murphey

http://memphisdailynews.com/Editoria...2&maxWidth=490
The $15.5 million plan for Tiger Lane began as a seven-acre greenspace at the Mid-South Fairgrounds. It now includes two new access roads as well as other modifications to the property. The project is on a tight timeline, scheduled for completion by mid-September when football and tailgating season begins at Liberty Bowl Memorial Stadium.

http://memphisdailynews.com/Editoria...3&maxWidth=490
A recent appropriation by the Memphis City Council will breathe new life into the Beale Street Landing project, which stalled when millions in federal stimulus money went up in smoke. Photo: Lance Murphey

http://memphisdailynews.com/Editoria...4&maxWidth=490
An artist’s rendering of what Beale Street Landing will look like when completed. The riverside project supervised by the Riverfront Development Corp. has one more phase to completion that would create a park atop the gift shop and restaurant and landing itself. Federal funding for the project vanished as the city transitioned through three mayors. In the confusion, RDC officials acknowledge they pushed ahead with the project instead of looking for design alternatives.

http://memphisdailynews.com/editoria....aspx?id=50663

Johnny Ryall Jun 12, 2010 9:20 PM

Memphis Zoo nears 1 million visitors in fiscal year
Memphis Business Journal


http://memphis.bizjournals.com/memph...7/daily23.html

Johnny Ryall Jun 16, 2010 1:43 PM

Twin Creeks breaks ground on $175M Senatobia plant
Memphis Business Journal


http://memphis.bizjournals.com/memph...14/daily7.html

Johnny Ryall Jun 16, 2010 1:43 PM

Community Gift
Le Bonheur celebrates 58 years with new hospital
TOM WILEMON | The Daily News

http://memphisdailynews.com/editoria....aspx?id=50721

http://memphisdailynews.com/Editoria...79.jpg?id=9679
Le Bonheur volunteers march down the parade route for the opening of the new $340 million children’s hospital on Tuesday. Photo: Lance Murphey

Johnny Ryall Jun 17, 2010 1:15 PM

IDB approves projects for federal funding, including two new hotels
Memphis Business Journal - by Michael Sheffield


http://memphis.bizjournals.com/memph...4/daily14.html

Johnny Ryall Jun 17, 2010 4:19 PM

Good news for Beale Street Landing.

Cruise line makes city a prime stop
Seattle-based company is scheduling trips to N.O., Nashville for 2011
The Commercial Appeal | By Wayne Risher


http://www.commercialappeal.com/news...-a-prime-stop/

Johnny Ryall Jun 17, 2010 4:20 PM

With Tiger Lane, Liberty Bowl gets a 'new front porch'
By Amos Maki
Memphis Commercial Appeal


http://www.commercialappeal.com/news...w-front-porch/

Johnny Ryall Jun 17, 2010 4:21 PM

Pedestrians first in new Memphis, Shelby County zoning
Backers say proposed code would help older areas and suburban development
By Daniel Connolly
Memphis Commercial Appeal


http://www.commercialappeal.com/news...in-new-zoning/

Johnny Ryall Jun 17, 2010 4:22 PM

Congratulations to Blue Springs & Tupelo. Their citizens have waited tirelessly for this economic development in the midst of the Great Recession. I look forward to more integration between Memphis & the up and coming metro of Tupelo with projects such as this and Interstate 22. A good day for the Memphis Region.

Toyota will produce Corollas at its Blue Springs, Miss., plant and hire 2,000
By Phil West
Memphis Commercial Appeal


http://www.commercialappeal.com/news...-springs-miss/

http://www.velocityjournal.com/images/logos/toyota.jpg

Johnny Ryall Jun 17, 2010 4:43 PM

More coverage of this huge economic development for Tupelo

Toyota to resume construction on Mississippi plant, will hire 2,000
Memphis Business Journal


Toyota Motor Corp. will resume construction on its $1.3 billion manufacturing facility in Blue Springs, Miss., effective immediately.

http://memphis.bizjournals.com/memph...4/daily15.html

http://assets.bizjournals.com/story_...5951-0-0-1.jpg COURTESY TOYOTA MOTOR CORP.
Toyota's 2009-10 Corolla

Johnny Ryall Jun 17, 2010 5:51 PM

Memphis airport awards Inman/EMJ $7M contract to expand concourse
By Wayne Risher
Memphis Commercial Appeal


http://www.commercialappeal.com/news...ntract-expand/

Johnny Ryall Jun 19, 2010 6:40 PM

Tunica-to-Natchez road trip earns atlas nod
Cited as one of best by Rand McNally
By Ron Maxey
Memphis Commercial Appeal


http://www.commercialappeal.com/news...rns-atlas-nod/

Austinlee Jun 19, 2010 7:39 PM

Quote:

Originally Posted by Johnny Ryall (Post 4879500)
Community Gift
Le Bonheur celebrates 58 years with new hospital
TOM WILEMON | The Daily News

http://memphisdailynews.com/editoria....aspx?id=50721

http://memphisdailynews.com/Editoria...79.jpg?id=9679
Le Bonheur volunteers march down the parade route for the opening of the new $340 million children’s hospital on Tuesday. Photo: Lance Murphey

Was just gonna request pics of this from the previous thumbnail... Thanks.

Johnny Ryall Jun 21, 2010 5:15 PM

Quote:

Originally Posted by PA Pride (Post 4883622)
Was just gonna request pics of this from the previous thumbnail... Thanks.

More than happy to show it off a little :) Our community is very proud of this development :cheers:


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