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18 S. Main

Category: Projects

18 S. Main

18 S Main St
Memphis, TN

An extensive renovation of 18 S. Main (previously Jerry's / Murray's) into a mixed-use development that includes groundfloor and basement commercial space, and office space in the floors above.

Project Cost$4,696,029
DeveloperTom Intrator
ContractorMontgomery Martin
SF Developed23,500
Total MWBE$450,052
EBO Percent CTD1.00
StatusUnder Construction
Office SF8,900
Retail SF5,000
Restaurant SF6,500
Approval Date2018-07-10
Expected Completion2020


PILOT Details

Lessee18 S Main Mem, LLC
Lessee Address3839 Flatlands Ave., Suite 206, Brooklyn, New York 11234
Term13 Years
Approval DateJuly 10, 2018
Close Date6/14/2019 0:00:00
Term Mos162.00
Status From DateActive
Expected Term Date12/14/2032 0:00:00
Remaining PILOT Years9.23
Pilot Documents
Instrument #19068629
July 10, 2019 - Lease
Instrument #20044502
April 28, 2020 - Lien Claim
Instrument #19068628
July 10, 2019 - Quit claim to CCRFC

CCDC Grant Details

Grant ProgramGeneral Grant
Grant Recipient18 S. Main Mem LLC
Grant Amount$200,000
Grant Approval DateJuly 17, 2018