Remarkable Economic Opportunity
Available Commercial Sites
Lakeland is one of the most affluent suburbs of Memphis just one exit east of the Wolfchase Trade Area on I-40. Its access to I-40, Hwy 64, Hwy 70, and I-269/TN 385 produce high traffic counts and high exposure to commercial sites. Our city’s leaders have recently conducted a Development Consortium with local developers and various stakeholders to create more efficient processes, develop progressive standards, and outline a thoughtful vision for Lakeland’s future.
Tremendous Retail Opportunities
Due to explosive growth in residential development and modest pre-existing retail, Lakeland now offers incredible retail opportunity. Opportunity exists in almost every retail category. Click on the Buxton Retail Leakage and Surplus Analysis to learn more.
The Lake District is an upscale 161-acre mixed-use community surrounding a 10-acre lake and waterways. Designed as an urban village, The Lake District is a walkable community with elegant water features, tree-lined parks, and inspiring architecture giving the village a glamorous charm. Special attention is given to public spaces, while parking structures eliminate extensive surface parking. Every element combines to create a community with urban amenities and a vibrant street life.
Phase One of The Lake District is planned to open Fall of 2020. Confirmed tenants include:
The Stock Market grocery store, Osaka Japanese Restaurant, Germantown Wines and Liquor, Hollywood Feed, BrickHouse Fitness, Gloss Nail Bar, Elite Total Health, Gould’s Salon and Spa, Starbucks, Malco Theater, AT&T, Frida’s Mexican Restaurant, and Society Wine Bar. New announcements are being made weekly.
The Residential District will include three lot sizes with home prices starting in the upper $300s. There will be several, custom-built architectural styles to choose from that will make homes at The Lake District unique, and a select group of custom builders to choose from.
For more information visit www.TheLakeDistrict.us
Lakeland Town Square is another upscale mixed-use development under construction at the intersection of Highway 70 and Seed Tick Rd. Phase one of the $48.9 million project is expected to be finished in early 2022. The first phase of the 42-acre development will include 18,000 SF of ground floor retail space, 150 residential townhomes, a clubhouse, and a community pool.
The product has a town center-type concept with a midtown-type feel. The mixed-use development will include boutique retail shopping, 5 +/- outparcels, and high-end townhomes with garages nestled in the beautiful wooded hills of Lakeland. For more information contact:
Smart Economic Incentives
- Lakeland offers TIF incentives to attract business investment
- Interlocal agreements with Shelby County provide additional economic incentives
- Lakeland is designated a TN Adventure Tourism District, providing significant job tax credits to qualifying businesses
Enthusiastic Support
Lakeland has a thriving Chamber of Commerce and energetic pro-growth advocates both throughout the community and at City Hall. Dexter Muller, Lakeland’s Economic Development Specialist, and Shane Horn, City Manager, have an extensive background in community development and are skilled at connecting the dots. Brittney Buchanan, Executive Director of the Lakeland Area Chamber of Commerce, is well-connected and dedicated to making Lakeland a great place to do business.
Shane Horn - 901.867.5405, shorn@lakelandtn.org
Dexter Muller - 901.275.4803, dextermuller@comcast.net
Brittney Buchanan - 901.867.6141, brittney@mylakelandchamber.org
