Memphis prepares to demolish the dilapidated Somerset Apartments as part of Mayor Young's Blight Zero initiative, with plans to replace them with affordable housing.

Mayor Young will initiate the demolition of Somerset Apartments in Memphis, promoting affordable housing development through the Blight Zero initiative.

Groundbreaking occurs at the former Southwest Twin Drive-In in Memphis, where a new library and police precinct are planned to kickstart area revitalization.

Memphis City Council approved the sale of land for an xAI water reuse plant, despite public concerns over the process and potential health risks. The facility aims to reduce aquifer use by 9% and support local industries.

xAI acquired a 1 million square feet property in Southwest Memphis for $80 million to expand their AI innovation and data center efforts, including a supercomputer facility and water recycling plant.

Ford invests $9M in community projects near its BlueOval City in Haywood County, supporting local centers, aid programs, transport, childcare, youth programs, education, and a Tina Turner statue.

The Memphis Housing Authority is set to manage Serenity Towers due to chronic issues at the property, with plans to relocate residents within four months.

St. Jude's Advanced Research Tower in Memphis will be a 16-story, 865,000-square-foot research facility, part of a $12.9 billion strategic plan that could transform pediatric research and care.

The Memphis Housing Authority has opened its public housing waitlists to help low-income residents secure affordable housing, offering applications online with a random selection placement process.

The Memphis HCD launched a new program, MI-Pilot, providing funds to developers for middle-income affordable housing, focusing on gentle urban density and supporting homeownership for residents earning 80-120% AMI.

Elon Musk's AI firm xAI is expanding in Southwest Memphis with a 21-year land lease approved by the EDGE board, potentially including a supercomputer site and greywater facility.

Local investors purchase East Memphis Macy's for $7 million, indicating future redevelopment at Oak Court Mall.

Developers of The Walk in Downtown Memphis announce an ownership restructuring and a new plan in response to market conditions, remaining committed to the mixed-use project despite previous setbacks and expired incentives.