ServiceMaster is a Fortune 1000 company that first opened its doors in September 1929. Originally, 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 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.

ServiceMaster runs several major brands throughout the United States

ServiceMaster is a global holdings corporation that owns a number of small businesses. Some of the best-known businesses it operates include Furniture Medic, Merry Maids, ServiceMaster Restore, Terminix, Terminix Commercial and AmeriSpec (to name a few).

The vast majority of businesses ServiceMaster runs focus on pest control, janitorial services (both commercial- and residential-based), plus furniture repair and disaster response. Because these needs are desired throughout the United States, ServiceMaster has managed to expand its business operations to include 13,000 corporate employees, plus 33,000 additional independent employees. As of 2015, the company brought in $2.59 billion in revenue.

Making the move to Memphis

For the better part of the company’s history, it called the Chicago suburbs of Downers Grove home. However, as the business expanded, so too did the office of operations for the smaller companies ServiceMaster owned. In order to centrally locate itself and bring the smaller companies together, ServiceMaster moved its main office to Memphis.

More recently, ServiceMaster moved away from East Memphis into Peabody Place, located in downtown Memphis. The company first started the move in 2016 and completed it in 2018. With its headquarters now centrally located in the heart of Memphis, it’s looking to become a major face within the city.

Life in Peabody Place

Peabody Place first took shape in downtown Memphis back in 1993. Eventually, though, smaller businesses moved out of the building, leaving it all but vacant in downtown Memphis. ServiceMaster saw the opportunity to rejuvenate this area of downtown while also better positioning itself within the city. The enclosed mall at Peabody Place has a total of 300,000 square feet, giving the company and all of its smaller branches plenty of space to expand.

The building is also famous for having, in extremely large letters on the roof, “come downtown and play,” which is visible from the air and can be seen if using the Google Earth application (it also appears when using the map mode of Google Maps and driving downtown).

Demonstrating excitement for downtown Memphis

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.

The planned development will not only bring in new development and help beautify the downtown area, but important jobs and new opportunities for current residents. And this momentum will only continue.

 

Additional Reading

ServiceMaster

We Are Memphis

Greater Memphis Chamber

Leave a Reply

Your email address will not be published. Required fields are marked *

You Might Also Be Interested In…

 

The Memphis Guide to Arts & Culture

Art and culture are two of the important pillars that make up the city of Memphis, and the city is always looking for ways to share its heritage with the community. So, if you’re looking for ways to get out and explore Memphis culture, these are just a handful of examples of the […]

 

$1 Billion in New Renovations for FedEx

Memphis is growing—and one of the most exciting upcoming projects will be coming to the Memphis International Airport. A $1 billion renovation of the FedEx Super Hub has just begun, starting in March 2019 and finishing in 2025. This is only one of the major renovations going on around Memphis […]

 

Best things to do in Memphis in August 2019

One of the things that makes Memphis such an incredible city is that there is always something to see and do. Whether it’s the middle of summer or the dead of winter, there is an event or activity for you to get out of the house and take in. No matter what your passions are, […]