Fresh off the Shelby County Board of Adjustment’s April 25 unanimous vote to advance 3D Realty’s mixed-use community underneath the iconic Broad Avenue water tower, James Maclin says the company doesn’t intend on slowing down anytime soon.
“3D was never developed to do just one project,” said Maclin, principal of multifamily consulting firm M&M Enterprises, who partnered with Loeb Properties Inc. president Bob Loeb to create 3D Realty. “There will be more. We want to continue to focus on building mixed-use communities and making special places for people to live, eat, socialize, and things of that nature.”
Maclin said the recently formed business venture is a natural fit when one considers Maclin’s multifamily background – he’s a former executive with Memphis-based real estate investment trust MAA – and Loeb’s penchant for bring once-popular areas of town like Overton Square and the Highland Strip back to life.