BlueOval City, Ford Motor Company’s massive new manufacturing complex located in Stanton, Tennessee, represents one of the most transformative economic developments in the history of the Memphis metropolitan area. This $5.6 billion investment—developed in partnership with SK On—will serve as the centerpiece of Ford’s electric vehicle and battery production strategy for North America. Once fully operational, BlueOval City is expected to create around 6,000 direct jobs and generate thousands more across the regional supply chain, making it a major catalyst for long-term population and housing growth throughout West Tennessee and North Mississippi.
For real estate investors, the arrival of BlueOval City is a game-changer. The project’s scale and permanence are driving new demand for housing across multiple markets within commuting distance, including Oakland, Somerville, Olive Branch, and Byhalia. These areas offer affordability, new construction opportunities, and easy access to the plant via modern highway systems such as Interstate 40, Interstate 269, and Highway 64. As suppliers and service companies establish operations near Ford’s facility, regional employment will continue to expand, creating stable, wage-driven rental demand and supporting consistent home appreciation.
Beyond job creation, BlueOval City is spurring billions in infrastructure improvements, including new roadways, utility upgrades, and broadband expansion—all of which enhance livability and support long-term property values. The project also positions the Memphis region at the forefront of the fast-growing electric vehicle industry, reinforcing its reputation as a hub for innovation and advanced manufacturing.
For investors focused on long-term fundamentals, BlueOval City represents a cornerstone of economic resilience and growth. Its impact on employment, infrastructure, and regional development ensures continued housing demand and strong market performance for years to come.
Search for investment properties, explore the hottest submarkets and learn about the
businesses that are having a major economic impact on the greater Memphis MSA area.
Major Businesses Move to Memphis — More Announce Expansions Memphis is experiencing a surge in economic momentum, accelerated by major corporate investments and by being...
Memphis’s Business Boom Continues Memphis is making headlines — again. The most recent? Elon Musk’s artificial intelligence venture, xAI, is building what may become the...
Memphis, Tennessee, has long been recognized as a cornerstone of commerce and innovation in the southeastern United States. Its strategic location, vibrant economy, and pro-business...
Create a free investor account for premium website access and exclusive benefits.
"*" indicates required fields
Already have an account? Sign in.
Create a free investor account for premium website access and exclusive benefits.
New to our website? Create a free account.