April 7, 2016
Some 2,500 new employees start jobs each year at employers in the Memphis Medical District, and about 1,300 new students each year start hitting the books at educational institutions there, too.
That’s according to Medical District Collaborative president Tommy Pacello, who says the 2.5-square-mile area between Midtown and Downtown that’s home to eight anchor institutions is full of untapped potential. So much so that his organization, which launched earlier this year, is leading a revitalization of the district that leans heavily on anchors like Regional One Health and Methodist Le Bonheur Healthcare to help in a buy local, live local and hire local push for the neighborhood.
On the surface, it might seem unclear why Memphians outside the immediate vicinity should care about what’s going on in the Memphis medical district, an area home to more than 16,000 people and 8,000 students.