100 N Main – RFP Questions & Answers
Who currently owns the property?
The property is owned by the Downtown Mobility Authority (DMA), an affiliate of the Downtown Memphis Commission (DMC).
Is the 1965 tower considered a historic building?
Yes. The 1965 tower is listed on the National Register of Historic Places. The nomination form is available HERE.
What are the repercussions of demolishing the existing 100 N Main
building to build new construction? Is demolition even an option?
The RFP and evaluation criteria demonstrate a clear
preference for the adaptive reuse of the existing buildings on site. The
DMC generally believes that historic preservation and adaptive reuse
are important strategies for building an authentic Downtown Memphis. The
DMC embraces our unique sense of place as a distinct competitive
Although not the preference of the DMC, proposals that
include demolition of the existing buildings, in whole or in part, will
also be considered.
Who will make the ultimate decision about the RFP?
The Downtown Mobility Authority (DMA) is the owner of the
property and will make the final decision regarding disposition of the
property. An RFP Review Committee has been created made up of DMC staff,
key stakeholders, public sector partners, and board members. That
Committee will work collaboratively with DMC Staff to present a formal
recommendation to the DMA Board of Directors.
Will the submitted proposals be a matter of public record?
Yes. It is our expectation that formal proposals submitted
will be made public at some point in the process. The detailed proposals
will be kept confidential prior to the identification of a shortlist
and preferred proposal.
Is there any flexibility on the submittal deadline?
No. Proposals must be submitted by 1:00 PM CST on August 31, 2021.
Can I make a proposal on just part of the site? For example, can I make
an offer on the 4 historic buildings or the parking lot at the south
half of the site?
Not at this time. DMC’s priority is to find a single
developer or project team to develop the entire site in a comprehensive
What steps in the process happen after the RFP submission deadline?
All responses submitted by the posted deadline will be
reviewed by DMC staff for completeness. All complete proposals will be
reviewed by the full RFP Review Committee in September/October 2021.
That review will likely yield a shortlist for interviews. The Committee
will work to identify a finalist after completing the interviews in
October – December 2021. The DMC and finalist will negotiate a period of
time for due diligence as part of the Development Agreement
Is there a minimum purchase price?
None specified. However, the RFP Evaluation Criteria will
include the “financial benefits to the City of Memphis & Shelby
County including payment for the acquisition of the site, incremental
tax revenues, job creation, and any secondary financial impacts.”
Will there be any improvements or upgrades made in the mechanical room?
With this RFP, the DMC is looking for development proposals
to bring a vacant, blighted building back to life. As of now, the
building most likely needs a complete renovation. There are no working
systems in the building. We have no information to suggest that the
mechanical systems are in good working order. The developers submitting
RFP responses will determine what their mechanical system needs will be
depending on their proposed use and design plans.
Do you have any additional information about the four historic buildings on Main Street?
In May 2021, the DMC hired Davis Patrikios Criswell, a
local engineering firm, to complete a preliminary assessment of the
structural condition of 80-88 N. Main. The scope was limited to a
structural observation report aimed at determining the safety of
visiting the buildings with prospective developers. While not intended
to be a full or comprehensive study, the 80-88 N. Main Structural
Engineering Assessment Report may still be useful due to the extensive
photographs and preliminary conclusions. Click HERE to download the
report. We do not have any additional information about the 80-88 N.
Main buildings at this time beyond that report. Some additional parcel
information can be found on the Shelby County Register of Deeds website
Do you have a property survey to share?
The DMC has not prepared a survey since acquiring the
property. The previous owners provided various plans and studies as part
of the property transfer. Included in those documents is a Preliminary
Unsigned Survey for reference. The DMC makes no guarantee or warranty as
to its accuracy or completeness. Click HERE to download the Preliminary Survey.
Is the loading/access to the 100 Main building currently at the south side of the building?
Yes. The loading dock is currently located on the south side of the building, adjacent to the public alley.