Changing the Landscape
Before changing its mission to land development, Ethridge Enterprises was focused underground. The company began as Coastal Fuels Inc. in Louisiana, eventually establishing petroleum and petrochemical facilities up and down the Mississippi River. When he decided to transition to real estate development, however, founder Jim Ethridge brought the organization back to his hometown of Memphis.
One of the company’s signature residential developments is Cordova’s Woodland Hills. Originally envisioned in the 1980s with the initial acquisition of 350 acres of property, the subdivision expanded from a former golf course to several subsequent phases of planning and construction. Ethridge Enterprises works with a variety of local home builders to ensure that all of the subdivision’s houses reflect high quality and aesthetic appeal without losing their individual character.
The company also works with commercial and multifamily properties, taking the land through the zoning and design phases. The entire business is based on fostering relationships, which is why Jim Ethridge felt at home immediately when he began working with Executive Vice President Steve Sutton at Financial Federal for their development loans and business deposit accounts.
“It’s a very comfortable relationship,” said Ethridge. “When you’re working with any of the people at Financial Federal, they’re friendly, accommodating, and available. We don’t want to be a number with a bank. It’s the personal connection that makes a difference.”
For more information on Ethridge Enterprises, contact Steve Sutton. (ssutton [at] finfedmem [dot] com)