Memphis Mobilizes To Deliver On Missing Middle Housing
While most people know Memphis for blues and barbecue, it also happens to be the third-busiest trucking corridor in the U.S. and it has one of the world’s busiest cargo airports. Major corporations like FedEx, AutoZone and International Paper call Memphis home, even while its missing middle housing supply is lacking.
With more than 108,490 workers in the transportation and materials moving sector, with an average annual salary of $43,000, and many more in the hospitality sector serving the entertainment and tourism industries, Memphis needs to stay on top of a variety of housing options at all price points.
Seeing the market come up short, city leaders started modernizing permitting, aligning zoning and financing tools, and developing a bold housing plan to support community-driven development and deliver more workforce housing options.