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100 N Main Redevelopment (Woods)

Category: Projects

100 N Main Redevelopment (Woods)

100 N Main St
Memphis, TN

A project that will redevelop the entire 100 N Main block, including the adaptive reuse of the primary tower, and new infill on the block to the south. The tower will include multifamily and hotel space, as well as a renovated parking garage, office space, and restaurant / retail space on the ground floor. An infill building on the south side of the block will include apartments, an additional parking faciility, and some ground floor retail.


Project Cost$267,000,000
DistrictCore
TypeRenovation & New Construction
Developer100 N. Main Development Partners (Kevin Woods & Billy Orgel)
ContractorCleveland Coonstruction
ArchitectHBG Design
StatusUnder Construction
Apartment Units200
Hotel Rooms200
Office SF60,000
Parking Spaces772
Retail SF3,000
Restaurant SF38,000
Approval Date2024-02-13
Expected Completion2027

 

PILOT Details

Lessee100 North Main, LLC
Lessee Address100 North Main, LLC 495 Tennessee Street, Suite 152 Memphis, TN 38103
Term30 Years
Approval DateFebruary 13, 2024
Extension0
Term Mos360.00
Status From DateApproved
Remaining PILOT Years0.00

CCRFC Loan Details

Incentive ProgramBond Financing
Incentive Recipient100 N Main, LLC
Incentive Amount$30
Incentive StatusApproved
Incentive Approval DateMarch 12, 2024
Incentive MWBE Est$0

CCRFC Loan Details

Incentive ProgramTDZ Surcharge
Incentive Recipient100 N Main, LLC
Incentive Amount$30
Incentive StatusApproved
Incentive Approval DateFebruary 13, 2024
Incentive MWBE Est$0