New apartments in Medical District; Tennessee tourism sets record | Mane Street Memphis
A notable, unfinished development in Downtown's Medical District may see new life.
Developers West and Tammy Nguyen of WHT Properties LLC plan to redevelop the property at 193 Pine St. into a 28-unit apartment complex.
In 2020, the Pine Street property was originally under construction by father-son duo Frank and Clayton Kemker. The pair invested $2 million into the former Walpole Photography building, including the addition of a third floor.
On July 8, the Center City Revenue Finance Corp., an affiliate board of the Downtown Memphis Commission (DMC), approved a 10-year payment-in-lieu-of-taxes (PILOT) for WHT Properties LLC proposed development project.
The existing shell at the property will be demolished and rebuilt due to weather damage, according to the DMC PILOT application.