ECONOMIC DEVELOPMENT ALLIANCE
The 385/I-269 Corridor Economic Development Alliance is comprised of the six suburban chambers of commerce of Shelby County representing the municipalities of Arlington, Bartlett, Collierville, Germantown, Lakeland and Millington as well as the unincorporated portions of the county. The Alliance’s mission is to encourage and sustain economic growth within the outer ring of Shelby County.
In total the area encompasses 470 square miles and has a population of roughly 250,000. Most of the land is undeveloped and build out estimates for the area could easily exceed half a million people.
The 385/I-269 Corridor is one of the fastest growing areas within the Memphis Metro market in terms of population – experiencing a 20% increase from 2000 to 2008. It is also recognized as the Metro area’s primary location for economic activity for the next quarter century.
The Corridor is home to numerous growth industries including medical technology, agribusiness, logistics, energy, and information technology. Entrepreneurialism has a long history in Memphis and the Corridor is nurturing many businesses that are on the cutting edge in developing new technologies and markets. Regional, national and international headquarters all have a strong presence in the Corridor due to both the success of local companies and relocating corporations.
The dynamic potential of the Corridor is just now in its beginning phase and the future is indeed bright. Each individual member of the Alliance takes responsibility for defining its strengths and establishing its economic goals. Yet its members work closely together to ensure that the Corridor reaches its full potential by promoting its assets and ensuring that local, state and federal entities are doing their part for a sustainable economy.
We encourage businesses to explore the advantages that exist within the 385/I-269 Corridor and to contact us about the opportunities that await your business in this dynamic area.