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150 Madison Ave

Category: Projects

150 Madison Ave

150 Madison Ave
Memphis, TN

A renovation of 150 Madison Ave, a 2-story building constructed in 1923. The ground floor and basement will be used as a coffee shop or a similar commercial space, while the second floor will be developed as a single-family residence.

Project Cost$376,300
DeveloperDana Bunke & Kevin Crowe
SF Developed5,205
Total MWBE$40,325
EBO Percent CTD1.00
Condo Units1
Retail SF1,700
Approval Date2019-04-24
Expected Completion2020
Year Opened2021


CCDC Grant Details

Grant ProgramExterior Improvement Grant
Grant RecipientDane Bunke & Kevin Crow
Grant Amount$60,000
Grant StatusClosed
Grant Approval DateApril 24, 2019
Grant Approval Close DateMarch 5, 2020
Grant MWBE Est$94,075

CCDC Loan Details

Loan ProgramDevelopment Loan
Loan RecipientDana Bunke & Kevin Crowe
Loan Amount$200,000
Loan Approval DateApril 24, 2019
Loan MWBE Est$94,075