ServiceMaster's Downtown Headquarters Gives A Big Boost To The Area

MEMPHIS, Tenn. (localmemphis.com) - In a few months, downtown Memphis will get a once a in a generation transformation.

This, as the home restoration company ServiceMaster completes its move into its new global headquarters at the former Peabody Place building.

Local 24's Brad Broders checked in on how the headquarters is re-imagining a vacant property and infusing new spending and enthusiasm nearby.

"This floor will house all of ServiceMaster's brands," ServiceMaster's VP of Supply Management Terry Ingram said. 

It's a walkthrough Ingram loves to give.     

"This space here walks right out to the atrium," Ingram said.

The longtime company employee recently showed off the construction progress at his company's new global headquarters, equipped with 141 new windows.

"The intent was to bring as much natural light into the space as we possibly could," Ingram said.

When the blueprints are realized, 1200 ServiceMaster employees - from corporate finance to IT - will be under one roof across three and a half floors.

Right now, those jobs are spread out in eight different building in east Memphis.

"We are right on schedule," Ingram said. "We are planning to move everyone in starting middle February to the end of March."

Some ServiceMaster workers are already in the former Peabody Place building.

Such a substantial retrofitting and renovation created both obstacles and opportunities.

"You can see one of the challenges we have with building out this space is the height of the ceilings," Ingram explained. "This is not normal."

The ServiceMaster global headquarters is already showing a positive impact in downtown Memphis for surrounding businesses. 

Several of them cite the project as the main reason of why there are expanding or renovating, including the Flying Saucer right across the street.

"We're all ready," The Flying Saucer Manager Owen Ray said. "It's exciting"

Ray cited the project as the main driver of why the bar and restaurant committed $350,000 to renovate the kitchen, add new furniture and televisions and sign a new multi-year lease.

"We were in negotiations and the news of that really helped push to us with our organization to move forward," Ray said.

Company leaders said three other downtown properties already cited the ServiceMaster addition as a major factor in renovations or expansions.

Downtown Memphis leaders expect more similar announcements and more workers to move close to the ServiceMaster global headquarters, as 2,000 new apartments open downtown in the coming months.

"It's going to change the complex of our population so much that it gives us opportunity to analyze what's needed, so what kind of retail, what kind of restaurant, that population will need," Jennifer Oswalt from the Downtown Memphis Commission said.

And if the ServiceMaster global headquarters succeeds, company leaders hope the building will inspire other companies to pack up out east and set up shop by the river.

READ MORE ON SERVICEMASTER'S NEW HEADQUARTERS HERE.

 


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.
  • 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.
  • Featured Employers
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Latest News