Market Segments
in Downtown Memphis . . .
Hospitality
Office
Residential
Retail
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downtown market segments
Despite its current $2 billion building boom, the Central Business Improvement District is ripe for further development, thanks to dramatic growth in such market segments as hospitality, office, residential, and retail.
Consider these facts:
Downtown is home to Beale Street - the state's number one tourist
attraction.
Downtown is the region's most concentrated employment center, and boasts the region's top bank headquarters, advertising agencies, architectural firms, securities and brokerage firms, CPA firms, law firms, and publicly traded and privately held companies.
Downtown offers a wide variety of retail space, ranging from 500 square feet in historic buildings to more than 35,000 square feet in new developments. In recent years, retail businesses have gross receipts that exceed $685 million.
Downtown's rapidly expanding residential market has attracted more than 23,500 people of all income levels in all types of housing.
We invite you to take a closer look at Downtown's strong market segments in this section.
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