Commercial real estate is showing signs of bouncing back in beleaguered Parkway Village, but in a different way than the heyday of the old Mall of Memphis with its satellite retail and restaurants.

While national retail and restaurant brands left many years ago and have not returned to Parkway Village, big trucking firms and even a charter school recently have moved in with the promise of hundreds of jobs, millions of dollars in investment and an improved quality of life for the neighborhood.

Lakenna Booker is the founder and head of Memphis Merit Academy at 4775 American Way in Parkway Village. The area’s first charter school will open on Aug. 5. (Tom Bailey/Daily Memphian)

The district’s first charter school, Memphis Merit Academy,

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