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:
-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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