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Living in downtown Memphis Tennessee
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People who live Downtown, LOVE Downtown! Within a decade, Downtown Memphis has blossomed into one of the largest urban neighborhoods in the south! With a growing list of convenient amenities, fantastic shopping, day cares and schools,unbeatable entertainment just a trolley ride away, and, of course, the most unique variety of housing options in the city, it's no wonder nearly 12,000 people are living in Downtown's market-rate housing.

With a creative community spirit, gorgeous views of the river, amenities that cater to every type of lifestyle, families, empty-nesters and singles have embraced urban living!

Downtown contains one of the fastest-growing residentialareas in the Memphis MSA.
From 2000 to 2005, Harbor Town, the Downtown Core, the South Main District, and the Uptown area, which comprise the CBID’s
High Growth Area, have seen an average annual growth of 8.5%, versus the Memphis MSA which gained a nominal
1.1 % in annual population growth.The current Downtown residential population is 28,000 and growing.Current population in the High Growth Area, which includes Harbor Town, the Downtown Core, the South Main District, and the Uptown area, are estimated to be 5015, 5639 and 1772 and 5549 respectively with a total population of approaching 18,000 in the HGA.
The population of the CBID is projected to grow to 33,167 by 2011 and 38,638 by 2016.Downtown residents are well-educated.
The 2004 CBID’s High Growth Area Adult Resident Survey shows 72.3 percent of residents have at least a bachelor’s degree (35.3 percent of them have a graduate or professional degree), versus 22.7% for the Memphis MSA and 24.4% nationally. One third of Downtown residents have moved from other states or countries.Downtown residents are diverse. Contrary to popular belief, over 44% of residents are 45 or older. Furthermore, it is estimated that 44% of families in the High Growth Area have children under 18. The CBID is estimated to be 58.6% African American, 30% White, 8% Asian, and 3.4% other. Income levels of Downtown residents are high.Over 60% of homeowners in the High Growth Area have a household income over $76,000 and 47% are over $100,000.50% of HGA residents are professionals or managers. An additional 14% are students or post graduate researchers.

1,600 businesses in Downtown!

Boutiques, gift shops, hotels, restaurants, offices, attractions, health care facilities ...

  * Auto Zone Park
  * Beale Street
  * Central Station
  * Gibson Guitar Factory
  * Main Street Trolley
  * Memphis Cook Convention Center
  * Memphis Rock and Soul Museum
  * Mississippi River
  * Harbor Town
  * Orpheum Theatre
  * The Peabody Hotel
  * Peabody Place
   Entertainment/Retail Center
  * The Pinch District
  * The Pyramid
  * Riverfront Parks

Peabody Place — the cornerstone of renaissance for downtown Memphis — is the largest mixed-use urban development in the South. The project covers 8 city blocks, with restored historic buildings, a 15-story modern office tower, classy apartments, prestigious offices, and popular restaurants and gathering places. In all, more than 2 million square feet connected by skywalks, corridors and trolley stations.