IMG_7670.jpg

Real Estate

The Memphis Medical District Collaborative helps real estate projects go from idea to reality.

The Medical District is home to over 30,000 employees and students, more than 10,000 residents, and planned capital investments of over $3B from eight anchor institutions. New retail and residential projects are being announced and planned with more and more frequency, making the District a destination for development and investment.

MMDC works with developers at every stage and every scale. From those just starting out to well-established firms, those working on incremental infill to multifamily, mixed-use, MMDC offers tools and assistance to plug into the increasing interest in and opportunity for real estate development and investment in the Medical District.

If you have a real estate project in the Medical District, please complete the inquiry form below:


Program Icons_-08.png
 
 

MARKET STUDIES + DATA

MMDC provides data-rich market studies that help real estate developers and businesses interested in investing and building in the District understand the area’s underlying market conditions and dynamics.

Though real estate development and investment activity in the District is increasing, market gaps for both residential and retail still exist. With institutional expansions planning for expected growth of up to 6,000 new jobs by 2021, the opportunity for development and investment is growing.

Retail Study

The retail market study provides projected supportable retail development by industry type within the Medical District.*

Residential STUDY

The residential analysis study provides quantitative market information for the housing market inclusive of housing type (single, multi family, rental/ownership) and projected supportable development.


 
 

DEVELOPMENT SUPPORT

MMDC works with developers at every stage and every scale. From those just starting out to well-established firms, those working on incremental infill to multifamily, mixed-use, MMDC offers tools and assistance to plug into the increasing interest in and opportunity for real estate development and investment in the Medical District.

MMDC evaluates RE projects within the context of its Impact Assessment Tool, found here.

Here are just a few ways to plug your project into MMDC’s suite of real estate development support services:

Technical Assistance

MMDC offers in-house guidance and support to help developers work through the ideas of their project - from project assessments to providing market study data to pro forma assistance. Additionally, in concert with our Quality Public Realm team, MMDC can connect developers to resources that can enliven and enhance the public realm and streetscape around your project.

Partner Coordination and Connection to Capital

MMDC can connect developers to a network of potential capital, contracting, and development partners.

Access to MMDC Financing Tools

MMDC offers distinct financing vehicles that provide different potential degrees of support for real estate development. Click here to learn more about MMDC’s pre-development grant program and capital funds. Learn more here.

 
 

REAL ESTATE INVESTMENT FUNDS

Pre-Development Grants

MMDC offers a pre-development grant program to attract new development to the Medical District and support the growth of existing businesses in the District.

Small developers and small businesses interested in investing in existing space or new construction in the Medical District may apply for up to $5,000 to offset pre-development costs. 


Capital Funds

The MDD (Medical District Development) Investment Fund can provide needed capital – via equity, junior/senior debt and/or other forms of capital partnership - to catalyze critical projects that meet the latent demand in the District for commercial space and housing. To discuss your project, please contact info@mdcollaborative.org.

Learn more about MMDC’s suite of financing tools: