120 Monroe (124 Newsroom)
Category: Projects
120 Monroe (124 Newsroom)
120 Monroe Ave
Memphis, TN
A complete renovation of 118 - 124 Monroe by the owners of McEwen's restaurant, the longtime ground-floor tenant of the building. McEwen's will expand into a currently vacant retail bay of the building, while the remaining bay and upper floors will be used for six rental apartments of various sizes.
| Project Cost | $1,856,286 |
|---|---|
| District | Core |
| Type | Renovation |
| Developer | 124 Newsroom, LLC (John Littlefield and Bert Smythe) |
| Contractor | Chris Ybos |
| Architect | Arch Inc. |
| SF Developed | 13,260 |
| Status | Under Construction |
| Apartment Units | 6 |
| Restaurant SF | 4,000 |
| Approval Date | 2019-06-19 |
| Expected Completion | 2025 |
CCDC Grant Details
| Grant Program | Exterior Improvement Grant |
|---|---|
| Grant Recipient | 124 Newsroom, LLC |
| Grant Amount | $80,000 |
| Grant Status | Closed |
| Grant Approval Date | June 19, 2019 |
| Grant Approval Close Date | May 26, 2023 |
| Grant MWBE Est | $348,425 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | 124 Newsroom, LLC |
| Loan Amount | $200,000 |
| Loan Approval Date | June 19, 2019 |
| Loan MWBE Est | $348,425 |
Project Documents
| Documents |
|---|
