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Updated over 3 years ago on . Most recent reply

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Divanshu Arora
11
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19
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Ford Electric Vehicle plant: Potential challenges ahead

Divanshu Arora
Posted

On one hand it's a good news that there will be new opportunities coming to Memphis with the new Ford Electric Vehicle plant. 

I think it could potentially challenge the West Tennessee real estate market as it will need thousands of new homes and apartments for employees. 

Most Popular Reply

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276
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Sam Wilson
  • Investor
  • Memphis, TN
257
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276
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Sam Wilson
  • Investor
  • Memphis, TN
Replied

@Jason Rhodewalt - Those are great questions.  The plants will be near a small town called Stanton, TN (pop. 452) and will bring about 6,000 jobs (according to what the newspapers are telling us).   I haven't heard about what type of rollout of employment is to be expected, but obviously with such rural areas we will see a  increase in developments in the county and increase in demand of higher-end homes along hwy 79 towards Memphis.

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