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Downtown is home to the government buildings and court systems. Harbor Town is a new area for upscale homes in the Downtown area.Home prices on Harbor Town start around $200k and reach over $1 million with most in the $200-$400k range. The University of Tennessee medical campus and medical district is adjacent to the Downtown area of the Memphis real estate market.
Memphis Real Estate Area Map Showing Downtown from Mississippi river and I-240,
Downtown Memphis grew from the warehouses that stored cotton and other goods shipped up and down the Mississippi River. For much of Memphis' history, this meant that the river front was just a place for commerce. Now, when you take a ride on the paddlewheel boats that run regular tours from the Memphis harbor, you can spot joggers on the River front Walk, visitors on Mud Island and elegant homes along the bluffs (including Cybill Shepard's look for the round window). Visitors can take a beautifully restored trolley car up Main Street parallel to the River and stop at the Pyramid arena, grab a bite and a brew in one of the Pinch Historic District pubs, loop back to the south to see the Orpheum Theatre and continue on down to the Civil Rights Museum, located in the old Lorraine Motel, site of Martin Luther King Jr.'s assassination. A ride up to Union Avenue and a walk two blocks east brings you to the Peabody Hotel, where the downtown comeback started. After a visit with the ducks in the lobby fountain, walk to the new Peabody Place entertainment center to see a movie, or visit the Center for Southern Folklore and learn more about local culture and history. Cross Union for some popcorn and crackerjacks while the Memphis Redbirds play baseball in Autozone Park.
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