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1030 Poplar Ave

Category: Projects

1030 Poplar Ave

1030 Poplar Ave
Memphis, TN

The renovation of an existing vacant multifamily property on Poplar Ave, adjacent to Legends Park. The property is currently vacant and blighted, and will receive a complete interior and exterior renovation.


Project Cost$6,191,391
DistrictOutside CBID
TypeRenovation
DeveloperAmin Zaki
StatusCompleted
Apartment Units84
Approval Date2021-02-09
Expected Completion2022
Year Opened2022

 

PILOT Details

Lessee1030 Poplar LLC
Lessee Address7842 Farmington Blvd, Germantown, TN 38138
Term13 Years
Approval DateFebruary 9, 2021
Close Date6/15/2021 0:00:00
Extension0
Term Mos156.00
Status From DateActive
Expected Term Date6/15/2034 0:00:00
Remaining PILOT Years10.22
Pilot Documents
Instrument #21072328
June 10, 2021 - Quit claim to CCRFC
Instrument #21072329
June 15, 2021 - PILOT lease