I heard a rumor today that Junkyard Memphis is looking at a possible location in Midtown, maybe something with more pedestrian traffic than their proposed temporary home, the building next to the Ornamental Metal Museum, has.
Junkyard Memphis is an initiative inspired by St. Louis' City Museum. You can read more about it — and Junkyard founder Lisa Williamson — here.
Personally, I would love to see the Junkyard locate on Broad Avenue. It's got this whole artist community thing going on — UrbanArt is right there — plus Broadway pizza and my personal Cheers, the Cove. It would have great synergy and would probably help redevelopment efforts along Broad, as well. A win-win, if you will.