MMDC NEWS
Averell Mondie and Aric Hotchkiss: MMDC Graduates Building Memphis's Future
October 30, 2025

The Memphis Medical District Collaborative (MMDC) is marking a major victory this year. Following the successful graduation of its Emerging Developers Cohort in the second quarter of 2025, the program is already demonstrating tangible results across the city.

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Offered free of charge in partnership with the Urban Land Institute (ULI), this initiative is proving to be a critical pathway for local builders to make a real impact.

Among the cohort's notable graduates are Averell Mondie (Ave) and Aric Hotchkiss of Hopscotch Construction. This dynamic duo is quickly becoming a development success story, with their work capturing significant attention—including features by key stakeholders like OOBA (Office of Basic Architecture) and Bank3.

Their flagship achievement is a celebrated “adapted reuse” property in Southside on Baine. This innovative transformation was recognized and awarded by the Urban Land Institute (ULI) Memphis this past month. It's a powerful showcase of the top-tier skills they honed right here in the District, which they are now effectively using to build beyond.

The impact of the MMDC’s initiative is clear and widespread. Hotchkiss & Mondie are currently planning to invest heavily across the Bluff City. Their projects span crucial areas including the Medical District, Uptown, and South Memphis, demonstrating a commitment to holistic, city-wide growth.

The MMDC celebrates their dedication and success. By supporting and fostering local talent like Ave and Aric, the organization is achieving its core goal: nurturing people who build futures for the entire community.

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