I'm really quite surprised that a 16bit community sram card hasn't appeared. some modifications of the lotech EMS design for 16bits instead of 8 (more bus logic transievers, either doubled memory sockets for hi/low bytes, or 16bits wide sram-- hi/low would be a more straightforward path from the ref design), with some additional jumper glue for some of the memory to appear directly on the bus above 1M (xms), and you'd have it. (One 64kb chunk of EMS in the 384k area can just be UMB if ems is disabled. )
There's a valid community need for a 16mb XMS ISA card, since things like the compaq portable used a custom ram card that is now unobtanium, but an ISA card will work.
For 286 and 386slc (with 16bit external bus), it would be a very valuable/useful card.
If I was any good at board design it would be worthwhile to do. Sadly, I never got into that.