Skip to Main Content

115 Union Avenue

Category: Projects

115 Union Avenue

115 Union Ave
Memphis, TN

Renovation of an existing building

Property NameLofts at Union Alley
Project Cost$3,884,598
Developer115 Union, LLC
ArchitectLooney Ricks Kiss Architects
Total MWBE$779,728
EBO Percent CTD1.00
Apartment Units23
Office SF6,900
Approval Date2011-01-26
Year Opened2012


PILOT Details

Lessee115 Union Ave, LLC
Lessee Address3380 Pearson Road, Memphis, TN 38118
Term10 Years
Approval DateJanuary 26, 2011
Close Date3/29/2011 0:00:00
Term Mos120.00
Status From DateTerminated
Expected Term Date3/29/2021 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #11031465
March 29, 2011

CCDC Loan Details

Loan ProgramDevelopment Loan
Loan Recipient115 Union LLC
Loan Amount$101,000
Loan StatusClosed
Loan Approval DateJanuary 12, 2011
Loan Approval Close DateJune 30, 2012