Memphis Medical District Collaborative was launched in 2016 to enhance public spaces and help strengthen the neighborhoods in and around the Medical District, home to world-class hospitals and institutions of higher learning. It’s comprised of eight of the district’s anchor institutions, who share economic and community development goals.
The District has more than 24,000 employees and students and more than 10,000 residents, and there’s a growing demand for new office, retail and residential options. People are attracted to the District’s diverse neighborhoods, such as The Edge, Victorian Village, Uptown, and Peabody-Vance.
There are a number of new retail and residential projects in the pipeline, particularly in The Edge District, home to restaurants, recording studios, furniture makers, art galleries, coffee shops, and a craft brewery. Most notable is the renovation of the former Wonder Bread facility on Monroe Avenue, which will be transformed into a $73 million, 10-acre mixed-use development with 286 market-rate apartments and a 480-space garage. Architect Looney Ricks Kiss will partner with Montgomery Martin Contractors is the general contractor for the project, which also sees Orion Federal Credit Union relocating its headquarters to anchor the development.