Memphis' Soulsville Area Set for Revitalization with New Affordable Luxury Homes
MEMPHIS, Tenn. — Big things are happening in the charming Soulsville area of South Memphis! A new revitalization project is on the horizon as developers from The Compass Circle get ready to introduce not just one but eleven new affordable luxury homes to the community. It’s a significant step towards breathing new life into a place steeped in rich history and cultural significance.
On a sunny Saturday, the buzz echoed through the streets during a lively groundbreaking event. Cassey Cooper, one of the enthusiastic developers, shared with us that this gathering was all about showcasing those 11 upcoming homes. She revealed her excitement about how this project could lead to an economic shift that the community had been eagerly waiting for. “You have the Stacks Museum, you have LeMoyne Owen, I mean this area has been here and will continue to be here. These homes will be here for 100 to 150 years,” Cooper stated with pride. She further emphasized the profound economic impact these new residences will bring, especially when it comes to property taxes, as the community gears up for growth.
But it isn’t just about buildings; for Venytra Stephens, another developer with The Compass Circle, this project is deeply personal. She describes the revitalization as a full circle moment since it’s the very community she grew up in. “We’re here to change the trajectory of this area, 38126,” she said passionately. Many may not know the treasures of area code 38126 yet, but Stephens assures folks that this community is where affordable homes await.
In an effort to get people buzzing about the changes in Soulsville, Stephens mentioned their goal to engage potential buyers in the entire homebuying process. “Here in Memphis Proper, you’ll find new construction where you’ll get to choose things like carpets or tiles. You’re part of the journey,” she explained, highlighting how unique this experience will be for eager homeowners.
Dr. Tara Ross, the chief operating officer for LeMoyne-Owen College, expressed her strong belief in how this housing project is not just beneficial for the college, but vital for the community as a whole. “It helps to build the excitement and shows what our students can aim for,” she shared. She pointed out that any progress made at the college also reflects the promise that the campus is committed to supporting the surrounding neighborhood.
Good news for anyone interested in calling Soulsville home! Stephens and Cooper mentioned that they anticipate that four of the eleven new properties will be ready for purchase within the next 120 days. So, if you’re on the lookout for a new place, keep your eyes peeled because the excitement is just around the corner!
In conclusion, as Soulsville undergoes this beautiful transformation, it brings with it hope, opportunity, and a promise of community resilience. With affordable luxury homes coming to the area, it’s evident that the heart of Memphis is getting a much-needed boost. So, if you’re thinking about moving or just want to see something special happen, mark this neighborhood on your map!
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