MEMPHIS, Tenn. — For the first time in 40 years, the city of West Memphis is getting a new housing development.

Big River Landing West on East Tyler Avenue will eventually be home to 60 new homes, starting at about $150,000, as well as retail and outdoor space.

It’s part of the city’s effort to revitalize the East Broadway communities. Developers have torn down over 120 homes, trailers, apartments, and dilapidated businesses as part of a strategy to revive the area.

Mayor Marco McClendon says the development will make the American dream a reality for families.

“This development is special for me. I grew up here,” McClendon said. “My mom always taught me, ‘It doesn’t matter how far you go, never forget where you come from.'”

He says people in the area needed better opportunities and inspiration for a better tomorrow. Big River Landing West will make home owning a reality through two “down payment assistance programs” with credit qualification being offered.

The sights and sounds of construction on this tract of land is long overdue for folks who live nearby.

“I grew up in this area, so this is exciting to see this construction going on here,” said Marshia Murry. “This is major for this area here.”

In addition to modern housing featuring carports and stainless steel appliances, Big River Landing West will see the construction of two schools, two boys and girls clubs, a public park, a church and new retail economic development space.

Victoria Savage is moving back to West Memphis, where she was born, and plans on starting a business.

“I haven’t stayed here in over 20 years, but I’ve watched the city grow,” Savage said.

She believes Big River Landing West will suit her needs to a T.

“This area, for me, shows potential and somewhere where I can have a storefront,” Savage said. “It shows potential of somewhere where I can stay, and it shows potential of just being somewhere where I can help the community I come from.”

WREG is told one home has already been sold.