Highland Strip roars back with $350 million worth of projects in U of M area

"Those loud sounds coming from the Highland Strip last week included jackhammers, the beeping of heavy construction equipment and rushing traffic.

The roar of more and more Tigers — students from the nearby University of Memphis — should add to the cacophony.

The once distressed college district is fast re-emerging nail by nail, paint can by paint can.

More than $347 million in new construction and renovations will have occurred in the area between 2014 and 2018. That’s according to a list of 18 projects compiled by one of the new commercial developers there, Loeb Properties.

The total includes $204 million in public/private projects, mostly on campus, and $145 million in private construction just west of campus."