189 Barksdale
Category: Projects
189 Barksdale
189 S Barksdale St
Memphis, TN
A renovation of the historic Mounted Police Station at 189 Barksdale in Midtown. The renovated building will include 7 residential units and 3,000 sf of office space.
| Property Name | Mounted Police Building |
|---|---|
| Project Cost | $2,431,191 |
| District | Outside CBID |
| Type | Renovation |
| Developer | Lexington Asset Management |
| Architect | Archimania and Warren Architecture |
| SF Developed | 8,910 |
| Status | Under Construction |
| Apartment Units | 7 |
| Office SF | 3,000 |
| Parking Spaces | 11 |
| Approval Date | 2019-04-09 |
| Expected Completion | 2022 |
PILOT Details
| Lessee | 189 Barksdale, LLC |
|---|---|
| Lessee Address | 1437 Central Ave, Suite 1200, Memphis, TN 38104 |
| Term | 12 Years |
| Approval Date | April 9, 2019 |
| Close Date | 4/29/2021 0:00:00 |
| Extension | 0 |
| Term Mos | 144.00 |
| Status From Date | Active |
| Expected Term Date | 4/29/2033 0:00:00 |
| Remaining PILOT Years | 9.60 |
| Pilot Documents | Instrument #21053961 April 29, 2021 - PILOT lease Instrument #21058405 April 29, 2021 - Re-recorded lease Instrument #21053960 April 29, 2021 - Warranty Deed assigning title to CCRFC |