Available Projects

Investment Opportunities

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Thumbnail Project Zone Address Type Description Contact info
Tillman Cove Binghampton & Poplar Corridor 2998 Tillman Cove
Memphis, Tennessee 38112
Mixed Use , New Construction, Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family

A major opportunity for accomplished and experienced housing developers to undertake mixed-use or residential development in the Binghampton neighborhood on an 8.11-acre site commonly known as Tillman Cove. More information can be found in the attached RFQ documents.

Verna Hawkins-Lambert
City of Memphis: Housing & Community Development
901.636.7356
verna.lambert@memphistn.gov
Historic Melrose Orange Mound & Fairgrounds 843 Dallas Street
Memphis, Tennessee 38114
Commercial, Residential Mixed

Unique opportunity to preserve a 46,000 square foot former school building, situated on a 6-acre site surrounded by other community buildings, located in the historic Orange Mound community. Several community meetings have been held to explore ideas to activate this landmark, and now the opportunity is available to qualified redevelopment groups to consider uses for the property. Additional information and study results from stakeholder engagement may be found in the 2019 RFQ attachments.

Felicia Harris
City of Memphis: Housing & Community Development
901.636.7403
felicia.harris@memphistn.gov
Fairgrounds Orange Mound & Fairgrounds 2499 Central Ave
Memphis, Tennessee 38104
Commercial, Mixed Use , Retail

The City is seeking qualified developers to transform the 18 acres of City-owned land in a manner consistent with the City’s vision for the Fairgrounds as a unique destination of family entertainment, sports, retail, and mixed-use development that evidence a thriving and creative community for tourists and residents alike. This mixed-use private development will be coordinated with the City’s plan to construct a new 22-acre Youth Sports and Events Complex, which is being designed to capitalize on the fastest- growing sector in the tourism market: youth and amateur sports.

Michael A. Comparato
Fairgrounds Partners
317.201.8341
mcomparato@fairgroundspartners.com
South City Cultural Hub Block Downtown & Medical District 327 E Pontotoc Ave.
Memphis, Tennessee 38126
Commercial, New Construction, Office , Residential Affordable, Residential Market Value, Residential Multi family, Retail

Prime 2.1 acre development site in the South City area of Downtown Memphis, adjacent to cultural landmarks Clayborn Temple and I AM A MAN Plaza. Seeking contextual mixed used development that bridges the vibrant, active Downtown community with the growing South City area. More information can be found in the attached RFQ document.

Mairi Anderson
City of Memphis: Housing & Community Development
901.636.7300
mairi.albertson@memphistn.gov
Pinch District Downtown & Medical District 111 Shadyac Ave
Memphis, Tennessee 38103
Commercial, Mixed Use , New Construction, Office , Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family, Retail

The American Lebanese Syrian Associated Charities (ALSAC), the fundraising and awareness organization for St. Jude Children’s Research Hospital, seeks proposals from qualified developers interested in collaborating with ALSAC to create a mixed-use development on a 2-acre site in downtown Memphis, located in the Pinch District, adjacent to St. Jude Children’s Research Hospital. ALSAC owns several properties in the Pinch District, and is interested in advancing the development and revitalization of the area, creating opportunities for the growing number of employees, patients and families, and visitors to live, work and play in and around the campus.

Nicole Buchholz
American Lebanese Syrian Associated Charities (ALSAC)
800-877-5833
nbuchholz@u3advisors.com
Crosstown Mound Downtown & Medical District 1234-1184 Overton Park Ave
Memphis, Tennessee 38104
Commercial, New Construction, Redevelopment, Residential Mixed, Tourism related

The City wishes to invigorate the Crosstown Mound through a mix of public and private investment. The City has designated approximately eight-acres mixed-use private development (Private Development Opportunity -PDO). City is seeking qualified developers to transform the PDO in a manner consistent with the City’s vision for growth: a walkable neighborhood consisting of mix of single-unit and multi-nit housing, including attached, semi-attached, and detached. The neighborhood may addiitonally consisy of mixed-use housing between 1-3 stories that encourages business to occupy the first floor on the corners of the development with access to intersections.

City of Memphis Real Estate Dept
City of Memphis Real Estate Dept
901.636.6673
realestate@memphistn.gov
Dermon Building Downtown & Medical District 46 N B.B. King Blvd
Memphis, Tennessee 38103
Commercial

A historic 10-story, 100,000 sq. ft. commercial building, built circa 1925. Located just a block away from both Court Square Park and Autozone Park, and located adjacent to the newly-completed Hotel Indigo, and the under-construction Aloft Hotel.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Sterick Building Downtown & Medical District 9 N. B.B. King Blvd.
Memphis, Tennessee 38103
Commercial

A prominent gothic-revival skyscraper, once known as the “Queen of the South.” Built in 1928, this 29-story building contains 350,000 sq. ft. of space, and was the tallest building in Tennessee until 1957. Located adjacent to Autozone Park, the First Horizon tower, and less than half a mile from Beale Street.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Pinch District Downtown & Medical District 380-396 N Main St
Memphis, Tennessee 38103
Commercial

A 12-block historic district on the North end of Downtown. Located between the St Jude campus, Bass Pro Shops at the Memphis Pyramid, and the Cook Convention Center, the pinch contains many vacant lots and historic buildings that are ripe with redevelopment potential.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Commercial Appeal building Downtown & Medical District 495 Union Ave.
Memphis, Tennessee 38103
Commercial

The former home of the Commercial Appeal newspaper, encompassing a 128,672 sq. ft. office building, and a 147,904 sq. ft. warehouse. The building is located on a 6.5 acre lot, and is right across the street from the Edge District, and the planned Ravine linear park. The property is also just a few blocks to the East of the planned Union Row development.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Memphis Cycle & Supply Co. building Downtown & Medical District 421 Monroe Ave.
Memphis, Tennessee 38103
Commercial

An ornate warehouse building built circa 1917, with 29,000 sq. ft. of space. Located next to the new Leo Events headquarters, and across the street from the redeveloped Wonderbread factory site, which includes the new Orion FCU headquarters, as well as 286 apartments, and a 480 space public garage.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Chelsea Ave. church North Memphis & Uptown 299 Chelsea Ave.
Memphis, Tennessee 38107
Commercial

A vacant church building located on Chelsea Ave, the primary commercial corridor of the Uptown neighborhood. Originally constructed in 1865, this building is among the oldest existing structures in Memphis.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Heartbreak Hotel Downtown & Medical District 633 Monroe Ave.
Memphis, Tennessee 38103
Commercial

A historic 12,000 sq. ft. commercial building, built circa 1903. The building is located in the heart of the Edge District, near Sun Studios, High Cotton Brewing, the Edge Motor Museum, and the planned Ravine linear park.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Union Row Downtown & Medical District 247-369 Gayoso Ave
Memphis, Tennessee 38103
Commercial

Phase 1 of this billion dollar project includes 11 acres and a $511 million budget. This transformative project will include approximately 800 apartments and over 100,000 square footage of retail, over 200,000 square footage of office, a hotel and parking. The project fills an undeveloped hole adjacent to the entertainment district and the medical district.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
downtown@downtownmemphis.com
Millington – Barret Oaks Multifamily Millington 7275 Raleigh Millington
Millington, Tennessee 38053
Residential Multi family

zoned and approved for 247 multi-family units on 22 acres of land. Seeking JV or partners to complete the development.

Bob Turner
Southern Properties Real Estate
901-302-8901
bturner@southernprop.net
MIXED USE BUILDING North Memphis & Uptown 413 Decatur Street
Memphis, Tennessee 38105
Commercial, Mixed Use , Office , Retail

This 1950s building was originally a booming convenience store back in the day. With the building being situated within a residential neighborhood and across the street from Carnes Elementary School, it could once again be used to provide services to the surrounding community. The building is a total 4,200 sf with three big open rooms. It is located within one mile of St. Jude, Le Bonheur & Crosstown.

Jaime Henson
Crye-Leike Commercial
901-691-1849
jaime.henson@crye-leike.com
Southbrook Anchor Whitehaven 4587-4675 Elvis Presley Boulevard
1190-1232 Shelby Drive
Memphis, Tennessee 38116
Commercial, Office , Redevelopment, Retail

This collection of small and large strip shopping centers consists of commercial buildings and stand-alone businesses in the parking lots. The two large strip shopping centers on Shelby Drive were built in 1968 and 1972. A national grocery retailer built a new store in the same plaza in 2004. In 2018, $3.6 million was invested in the center built in 1972, the Southbrook Town Center. Two of the three small strip centers on Elvis Presley were constructed in the mid to late nineties. The third strip was built in 2016. Collectively, all sites are roughly 27.12 acres and have a building square footage of 316,509.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
Melanie.batke@memphistn.gov
SW TN Community College Development Area – Whitehaven Whitehaven 4211 to 4359 Elvis Presley
Memphis, Tennessee 38116
Commercial, Mixed Use , Office , Redevelopment, Retail

This area contains a multitude of uses including retail, fast food restaurants, office medical, and small strip centers. It is anchored by two major institutions, Southwest TN Community College and Methodist South Hospital. The area consists of commercial buildings, large institutional buildings, and stand-alone businesses. The sites are home to several local and national retailers and are along and adjacent to the heavily traveled Elvis Presley Boulevard. Both Southwest TN and Methodist have received upgrades in 2019. Collectively all sites are roughly 45 acres and have a building square footage of 480,000. There are 3.7 acres of vacant land available for redevelopment and/or infill and three vacant buildings available for reuse.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
Melanie.batke@memphistn.gov
Chelsea & Ayers Development Area North Memphis & Uptown 868 – 910 Chelsea
Memphis, Tennessee 38107
Commercial, New Construction, Redevelopment, Retail

This anchor area contains two retail stores and is in the historic Klondike neighborhood. Collectively all sites are roughly 2 acres and have a building square footage of 7,718. There is 0.33 acre of vacant land available for redevelopment and/or infill and a 1,276-square foot vacant building available for redevelopment.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
Melanie.batke@memphistn.gov
Chelsea & Thomas Development Area North Memphis & Uptown 615,645,654,657 Chelsea
831, 840 Thomas
Memphis, Tennessee 38107
Commercial, Mixed Use , Redevelopment, Retail

This area contains one small strip center, one retail store, two convenience stores, and a church. The sites are along or adjacent to Danny Thomas, a major thoroughfare. Collectively all sites are roughly 6.6 acres and have a building square footage of 50,384. There is 0.52 acre of vacant land available for redevelopment and/or infill and a 13,452-square foot Tax Sale property available for redevelopment.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
Melanie.batke@memphistn.gov
Cooper Area Development Area Orange Mound & Fairgrounds 792 to 1010 S Cooper
2142 to 2215 Central Avenue
Memphis, Tennessee 38104
Commercial, Mixed Use , Office , Redevelopment, Residential Mixed, Retail

This area contains a multitude of uses including light industrial, office, retail, restaurants, small strip centers, and single family residential. It is a dense and walkable center of activity in Midtown Memphis.
The area consists of commercial buildings, small warehouses, single-family homes, four small strip centers and one neighborhood shopping center. The neighborhood shopping center had extensive improvements between 2012 to 2019. Overall, most of the retail stores have had improvements in the past ten years and a restaurant was constructed on an infill lot in 2016. Collectively all sites are roughly 20 acres and have a building square footage of 359,670.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
Melanie.batke@memphistn.gov
Summer & National Development Area Binghampton & Poplar Corridor 3393 to 3487 Summer Ave
Memphis, Tennessee 38122
Commercial, Mixed Use , Redevelopment, Retail

This area contains a multitude of uses including commercial, retail, and office. The anchor area consists of one large strip center and stand-alone businesses. The sites are home to several local businesses and are along Summer Avenue. Collectively all sites are roughly 6 acres and have a building square footage of 140,414. NOTE – Only the parcels south of Summer Avenue are included in the Opportunity Zone.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
90-636-6601
Melanie.batke@memphistn.gov
The CMPLX Orange Mound & Fairgrounds 2234 Lamar Ave
Memphis, Tennessee 38114
Commercial, Mixed Use , Redevelopment, Retail

Completed in January 2020, the first phase of The CMPLX includes two large galleries, offices, a conference room, open studio workspaces and event rental space. The Collective, curators of the The CMPLX, are starting on Phase 2 of the project that will convert some of the used space into art studios and other private suites to be utilized by under-served Memphis creatives. Please visit http://www.thecltv.org/ for more information.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
info@opportunitymem.com
JUICE Orange Mound Business Incubator Orange Mound & Fairgrounds 2363 Park Ave
Memphis, Tennessee 38114
Commercial, Mixed Use , Office , Redevelopment

JUICE Orange Mound is rehabilitating the historic Evensky’s building, a former clothing store that stood for 70 years in the heart of the Orange Mound neighborhood. The incubator will be a space that will give access to office space, meeting rooms and product preparation to budding Orange Mound entrepreneurs, startups and existing businesses. For more information, please visit https://www.juiceorangemound.org/.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
info@opportunitymem.com
Klondike-Smokey City Residential Redevelopment North Memphis & Uptown Watkins Street on the east and Bellevue on the west
Vollintine on the north and Jackson Avenue on the south
Memphis, Tennessee 38107
Commercial, Mixed Use , New Construction, Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family

Part of a blight remediation and neighborhood improvement plan, the Klondike-Smokey Community Development Corporation recently acquired 150 vacant lots from the Shelby County Land Bank. The parcels are dispersed throughout the neighborhood and are slated for residential as well as commercial redevelopment (where appropriate). The CDC is currently in the planning phase of the development. For more information, please visit http://www.ksccdc.org/.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
info@opportunitymem.com
Former First Horizon Office Building Downtown & Medical District 300 Court Ave
Memphis, Tennessee 38103
Office , Redevelopment

This former bank operations headquarter space in the Memphis downtown core is available for lease or sale. It includes a 1,000 SF vault and all furniture. The closest 4-lane street is Thomas St (US Highway 51). The Class B office building is 186,525 SF and 7 floors. There are 255 parking spaces on the property.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
info@opportunitymem.com
1188 Minna Place Downtown & Medical District 1188 Minna Place
Memphis, Tennessee 38104
Commercial, Office , Redevelopment

The Home Health Agency office building is a 13,500 square foot, 4-story building located in the Annesdale Historical district. The building is located near the intersection of Lamar Avenue and Bellevue Boulevard. The property was last renovated in 2007 and allows for users to access an entire floor and strong visibility from Lamar Ave.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
info@opportunitymem.com
The Clipper Downtown & Medical District 163 Linden Ave
Memphis, Tennessee 38103
Commercial, Mixed Use , New Construction, Office , Retail

The Clipper is a new-construction office building with 200,000 SF of spec Class A office space, 50,000 SF of ground floor retail and an attached parking structure, just south of the former Gibson Factory building and the FedExForum. The development will be the first large scale office construction project in downtown Memphis since 1997.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
info@opportunitymem.com