Thursday, February 7, 2013

Downtown Memphis Part 2


Downtown Memphis Part 2
By: Andrew Ewing

The results for Memphis so far have been positive. "Over $5 billion in new investment in downtown over the past decade, including $2.5 billion in current projects underway or nearly complete. The residents of the downtown increase an average of 7.3% annually, and almost 10% of the Memphis working population is located downtown. (Kitsinger)

Tourism could be the biggest factor  of the success of downtown. Its estimated over 4 million people visit every year.  A few of the attractions include:
-Beale Street
-Cannon Center
-Orpheum
-Ballet Memphis
-Opera Memphis
-Fed-Ex Forum
-AutoZone Park
-The River
-300 Acres of Green space and parkland
-16 museums
-3,000+ hotel rooms                                                                                     

Memphis like St. Louis is a river town that in the last decade has seen its downtown improve dramatically. Both downtown communities have developed around their Professional Teams new Stadium/Arena, and struggled with how to do this. Looking at how Memphis has accomplished this will provide insight on how to successfully do this in St. Louis.

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