Downtown Memphis has seen a drastic uptick in renovations and new construction in recent years. Beyond ServiceMaster bringing its headquarters to downtown, the city itself has experienced both current and planned development valued at $15 billion.
ServiceMaster is a Fortune 1000 company that first opened its doors in September 1929. Initially, the commercial and residential service provider set up operations in Downers Grove, Illinois, but eventually went on to make its home in Memphis back in 2007. With an annual revenue of nearly $3 billion and more than 13,000 national employees, ServiceMaster stands as a major tent pole company in the heart of Memphis.
Since the company moved in in 2018, the development has beautified the downtown area and brought in important jobs and new opportunities for current and prospective residents.