2023 IMPACT HIGHLIGHTS GROWTH + VIBRANCY Building Community Wealth Catalyzing Equitable Development Enhancing the Public Realm
BY THE NUMBERS
116
11
43
Businesses Supported
New Businesses Opened
Students Supported by Career Launch Academy
400+
$229K 458
Housing Units planned, completed, and under construction
Real Estate Grants Approved
Residents served by Hire Local
+20%
3K ft
+231%
Instagram Growth
Sidewalk Repairs
Groove On-Demand Riders YTY
+346% 40K Hospitality Engagements YTY
$1M+
Visitors to the District Grant Funding Raised from Sponsored Events
“The truth is we would not have known about this space if it were not for MMDC. They have been so helpful in garnering support for the business as well as providing the opportunity to participate in the grant process for exterior improvements.”
KEN OLDS, CO-OWNER AND FOUNDER MUGGIN COFFEEHOUSE READ MORE
BUILDING COMMUNITY WEALTH
BUSINESS SUPPORT | BUY LOCAL
109
$149K
MWBEs Supported
Grants to Support MWBEs
11
New Businesses Opened READ MORE
458
40
Residents Served
Job Placements at Anchors
through Hire Local
43
$287K
Students supported through Career Launch Academy
Hire Local Grants awarded to MMDC
BUILDING COMMUNITY WEALTH
WORKFORCE STRATEGIES
“I was in a low place in my life, feeling hopeless. I decided to take a change on myself and attended this class...I felt so at home and unashamed. The director reminded us it is not where you start, it is about where you finish. I completed this class feeling seen, heard, and proud of who I am.”
TERRICA WARD, EVS GRADUATE READ MORE
Career Launch academy graduates and recently hired Certified Nursing Assistants (CNAs) at Methodist University READ MORE
READ MORE
CATALYZING EQUITABLE DEVELOPMENT REAL ESTATE
MMDC’s Real Estate team completed the MMDC Form Book, a resource of architectural guidelines and designs for use as a tool to spur real estate development throughout the District.
$6M
READ MORE
$229K
Real Estate Grants Approved
400+
Housing Units Planned, Under Construction, or Completed
invested through direct or affiliated loan programs supporting over
$20M in total development costs for residential, commercial, and mixed-use projects
+20%
+231%
Instagram Growth YTY Groove On-Demand Riders YTY
40K
3K+ ft
Sidewalk Repairs Visitors to the District from sponsored events
ENHANCING THE PUBLIC REALM
QUALITY PUBLIC REALM | MOBILITY CLEAN + SAFE STREETS COMMUNICATIONS + ENGAGEMENT
Crosswalk Zebras connected over 80K people online and on the ground
READ MORE
MMDC’s new website memphismedicaldistrict.org went live in Nov 2023
IN THE NEWS
WATCH HERE
30+ ARTICLES
2023 was a banner year for MMDC. We’ve seen major growth as an organization and in the District. This growth wouldn’t be possible without the commitment of our anchor institutions, philanthropic partners, community partners, and most importantly, the dedicated and passionate MMDC staff. RORY THOMAS, MMDC PRESIDENT
THANK YOU, PARTNERS!