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Development

THE ONE AT MILLINGTON

The One at Millington will open in the Fall of 2025 and is exceptionally located just off US-51 in rapidly growing Millington, Tennessee within Shelby County, and is a part of the Memphis metropolitan area. The Project is ideally located at the center of the 100-acre, mixed-use master development plan, Millington Farms. The project is one of the largest new developments in the county which has plans for three hotels, six medical office buildings, over 100,000 square feet of retail, and an assisted living facility. The Property is just east of the Shoppes at Millington Farms which includes a Lowe’s, Ross Dress for Less, Petco, and more.

Millington has experienced a significant increase in economic activity and investment since Ford announced their plans to build a $5.6 billion mega site, BlueOval City, to manufacture electric vehicles and batteries (33 miles away). The zero emissions plant is estimated to have a $10 billion annual economic impact creating jobs, spurring investment, and benefiting the community for years to come. Tennessee’s Department of Economy and Community Development estimated the Ford project would create 27,000 jobs, both direct and indirect, with more than $1 billion in annual earnings for workers. Millington is home to the Naval Support Activity Mid-South military base, one of the largest single employers in the state of Tennessee, with more than 7,500 military, civilian, and contractor employees on 1,950 acres. Downtown Memphis (18 miles away) is an employment hub in the region and is home to St. Jude Children’s Research Hospital (4,500 employees), University of Tennessee (3,000 employees), Methodist North (2,000 employees), Le Bonheur Children’s Hospital (2,200 employees), and American Home Shield (1,000 employees).

The population within a ten-mile radius of The One at Millington is 122,234 residents. The median household income within the TMA ($60,386) is 5.3% higher than Greater Memphis’ median HHI ($57,321). The median HHI within the TMA is projected to reach $71,108 by 2028, a 17.8% increase from 2023. 56% of workers within the TMA are in white-collar positions and 31% of housing units within the TMA are renter occupied.

The One at Millington is situated on 24 acres of land, consists of 385,446 leasable square feet, and will provide unmatched amenities, including a fitness and yoga studio, resort-style pool, dog park, pool cabana, golf simulator, and sauna. The One at Millington offers a diverse unit mix of 138 one-bedroom units, 180 two-bedroom units, and 42 three-bedroom units ranging from 886 to 1,338 square feet.