Archive for the ‘Economic Development’ Category

by (RSS) Economic Development | November 26th, 2018 8:30am CDT | 4 Comments

                      It seems that Memphis has no simple challenges. They include poverty, crime, education, economic growth, and mass incarceration, all of which require intense, concerted, and sustained campaigns.  While the goal of increasing the Memphis population may seem on the surface the most straightforward, both […]

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                  Maybe our cynicism is showing, but the controversy about keeping secret the names of businesses that apply for EDGE tax freezes feels like a red herring. More than anything, it seems a distraction that takes our attention off the need for serious reform of the economic […]

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Reposted from CNU’s Public Square, https://www.cnu.org/publicsquare/2018/06/06/congestion-can-be-good-study-reports: By Robert Steuteville Yogi Berra, Hall of Fame baseball player and manager and renowned wordsmith, famously said, “Nobody goes there anymore, it’s too crowded.” Transportation planners and elected officials have spent trillions of dollars under the assumption that Yogi was right—or to put it in more sophisticated terms, that […]

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                It’s early yet to tell clearly what definitive improvements to the economic development process there will be as a result of months and months of concerns, angst, and controversy about how to turn around our community’s poor economic performance. There are indications that the final “answer” after […]

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              Economic Development in Memphis 2007-2016 By David Ciscel, Professor Emeritus, University of Memphis Economic development has been a bust in our region. And the past can become the path into the future if we do not change the incentives and leadership for the process of developing more high-quality […]

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by (RSS) Economic Development | November 7th, 2018 8:00am CDT | 5 Comments

                Published in the current issue of Inside Memphis Business. Innovation in Memphis is often viewed the same way we see our music: in the rearview mirror. Just as we know the names of the Sun Records’ Million Dollar Quartet and the legends of Memphis’ unique brand of […]

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                        Each of us has a favorite symbol for the momentum which we hear so much about in Memphis these days, but for us, the latest is the new, reimagined Mississippi River Park. The completely transformed 2.4-acre riverfront park will be unveiled this weekend. […]

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by (RSS) Economic Development | November 2nd, 2018 8:30am CDT | 5 Comments

                  The Memphis region was in the last group of cities to recover from the impact of the Great Recession – returning to the 2007 levels in key economic indicators in the last quarter of last year. In other words, it took almost a decade for our […]

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by (RSS) Economic Development, Uncategorized | October 31st, 2018 10:20am CDT | 9 Comments

              A version of this post was published in the August/September issue of Inside Memphis Business. It is often the case that important discussions on critical issues break down around personalities rather than policies, and we’ve seen it again with the recent debate about economic development in Memphis and […]

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by (RSS) Economic Development, Poverty | October 25th, 2018 8:00am CDT | 5 Comments

              A central part of Memphis’ bicentennial celebration should be about celebrating its heritage as an African American city. We don’t just mean that in the sense that African Americans are 62% of today’s population.  Rather, we mean it in a historically accurate way: Memphis at its core has […]

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                  Memphis is moving inexorably toward its bicentennial next year, and here’s hoping that despite the impulse to brag about new construction and future projects that we can instead focus on people and place. A few months later, Shelby County, not to be outdone, will also commemorate […]

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DeSoto County’s last segment of I-269 opens in nine days and the predictions are now fulfilled:  it is a more than $1 billion gift for sprawl and developers that does nothing so much for Memphis except hardening economic segregation. Although Memphis Mayor Willie W. Herenton and Shelby County Mayor Jim Rout opposed the outer loop, […]

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              Bellefonte Nuclear Plant   So, what could Memphis do with $487 million a year for 30 years? It could reduce the city property tax to zero and have tens of millions left over.  Or maybe the property tax rate could be cut by more than half and eliminate […]

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by (RSS) Economic Development, Leadership | October 8th, 2018 8:00am CDT | 10 Comments

                  It’s impossible for us to think of a local organization that experienced what the Greater Memphis Chamber has gone through in the past 10 days. Back then, pressure points for the Chamber centered on roles and relationships compared to  EDGE, on lack of confidence by many […]

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                With a deep sense of loss, I extend my sympathy to the many friends and family members of Phil Trenary, president and CEO of the Greater Memphis Chamber, who was fatally shot on a downtown street last night. It is not possible to think of anyone who […]

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                  Approximately $800 million in city and county taxes has been waived in the past 10 years, but when the conversation turns to the out-of-control PILOTs here, attention generally turns to EDGE as the culprit. That said, EDGE is only one of 10 other public agencies that […]

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by (RSS) Economic Development, Poverty | September 25th, 2018 8:30am CDT | 3 Comments

                “Our advantage is the Negro…and there is no race problem at all.” That comment was made in 1900 when The Commercial Appeal was assessing the state of a new century’s economy in Memphis, and the Business Men’s Club — an all-white group that would become the Chamber of Commerce — boasted how low […]

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by (RSS) Data Points, Economic Development, Talent | September 21st, 2018 8:00am CDT | 13 Comments

                              We were writing in our last post about the risks of being hypnotized by our own hyperbole, and living in a world characterized by the constant spin that we get from all sides, it becomes even a bigger risk. After […]

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