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The future is bright for Downtown and Midtown, developers say

By , Daily Memphian Updated: October 28, 2025 10:34 AM CT | Published: October 27, 2025 1:58 PM CT

Crosstown Concourse President and CEO Todd Richardson said the 1.5 million-square-foot redevelopment of the former Sears building came about because he “didn’t know that it wasn’t possible.”

A decade later, the vertical village is an iconic project in the Cleveland Street corridor, which is poised for more development. 

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Dima Amro

Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.


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