History and Background

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The 4,100-acre Memphis Regional Megasite was developed by the Tennessee Valley Authority (TVA) in 2006 and was ultimately purchased by the State of Tennessee in 2009. The Memphis Regional Megasite is one of the largest available Megasite properties in the southeast. Currently, one existing interstate interchange serves the Memphis Regional Megasite, I-40 at SR 222 (Exit 42). In addition, north-south connectivity from the existing roadway network is limited in this portion of northwest Fayette County with SR 222 being the only north-south route with a direct connection in and around the Memphis Regional Megasite. On September 27, 2021, Governor Bill Lee announced that the Ford Motor Company had selected the Memphis Regional Megasite for a vehicle and battery manufacturing campus. The Ford Motor Company Campus (Blue Oval City) is expected to occupy approximately 3,600 acres of the total Memphis Regional Megasite acreage. In total, approximately 5,800 jobs are anticipated to be created at the Ford Motor Company Campus, which is anticipated to increase travel demand for commuter traffic once site operations are underway. In addition, the amount of freight traffic both entering and exiting the Memphis Regional Megasite is anticipated to increase when the Memphis Regional Megasite is fully developed and operational. Nearby economic development is anticipated as well.