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 |
|---|---|
| District | Core |
| Type | Renovation |
| Developer | Tom Intrator |
| Contractor | Montgomery Martin |
| Architect | Designshop |
| SF Developed | 23,500 |
| Total MWBE | $450,052 |
| EBO Percent CTD | 1.00 |
| Status | Under Construction |
| Office SF | 8,900 |
| Retail SF | 5,000 |
| Restaurant SF | 6,500 |
| Approval Date | 2018-07-10 |
| Expected Completion | 2025 |
PILOT Details
| Lessee | 18 S Main Mem, LLC |
|---|---|
| Lessee Address | 3839 Flatlands Ave., Suite 206, Brooklyn, New York 11234 |
| Term | 13 Years |
| Approval Date | July 10, 2018 |
| Close Date | 6/14/2019 0:00:00 |
| Extension | 0 |
| Term Mos | 162.00 |
| Status From Date | Active |
| Expected Term Date | 12/14/2032 0:00:00 |
| Remaining PILOT Years | 8.01 |
| 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 Program | General Grant |
|---|---|
| Grant Recipient | 18 S. Main Mem LLC |
| Grant Amount | $200,000 |
| Grant Status | Closed |
| Grant Approval Date | July 17, 2018 |
| Grant Approval Close Date | July 17, 2018 |