Local I-Team: If Amazon Comes To Memphis, Where Would It Go?

MEMPHIS, Tenn. (localmemphis.com) - $50 million. Memphis announced this week that's what it will give Amazon in incentives if the company chooses to build its second headquarters in the Bluff City. Wherever it lands, Amazon promises the expansion would bring 50,000 good paying jobs.

 

If Amazon came here, where could it land? Those in the know are keeping lips sealed about potential sites. For now, those close to the situation in Memphis aren't commenting about potential sites. Memphis is just one of a long list of cities hoping to land the Amazon headquarters.

 

If Amazon came to Memphis, we do know the company needs either a lot of land or a lot of office space that already exists. Commercial real estate agent Sam Zalowitz looked at Amazon's requirements they have listed in the RFP for cities.

 

For starters, Amazon wants at least half a million square feet of office space. For a comparison, that would be close to the size of the Clark tower in East Memphis and over time. Amazon wants to expand to 8 million square feet. By comparison, FedEx world headquarters is 1.1 million square feet of office space.

 

Using existing space or building new are both options according to Amazon. If building from the ground up, Amazon says it needs 100 acres. To put that in perspective, AutoZone Park is about 10 acres, so it would be about the size of 10 Redbird's baseball parks.

 

Where does that space exist? There are plenty of empty lots and empty warehouses just south of the South Main area of downtown.

 

"I think that accomplishes the acreage you would need, but it lacks mass transit component," said Zalowitz. Amazon says mass transportation is important.

 

Uptown, north of the Pinch District also has plenty of land and abandoned buildings, including the former Memphis Housing and Community Development office. St Jude already has a large expansion planned for that general area.

 

"It would be a wonderful place for an Amazon to be. It would fit one of their requirements because they enjoy being in a metro setting, being downtown would help," said Zalowitz.

 

One option being talked about is the tallest building in the county; empty 100 North Main.

 

"Unfortunately, it's what we consider in the real estate as economically inefficient,” said Zalowitz, "it would take serious renovation and the core system would have to be redone."

 

Amazon said it would consider urban and suburban locations, but considering the other list of things Amazon considers important, such as good mass transit, bike paths, etc., some suburban locations may not meet the needs.

 

"I think it's going to come down to an Uptown, or north of downtown, or the Poplar Avenue corridor where we are already seeing some development."

 

City proposals are due to Amazon October 19th, but don't expect to hear anything for a while. A decision won't be made until sometime next year.


More Stories

Don't Miss

  • Find It
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • Win Tickets to See the RiverKings
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • Enter to Win a Party Bike Tour!
  • You Could Get Your Mortgage Paid for a Year!
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • Follow Us
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Latest News