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343 Madison Ave

Category: Projects

343 Madison Ave

343 Madison Ave
Memphis, TN

The renovation of 343 Madison Ave, formerly home to the American Dream Safari. The renovation will stabilize the structure, which has severe roof problems, and create two renovated retail / commercial bays.

Project Cost$550,000
DeveloperMike Todd
SF Developed6,250
Total MWBE$71,623
EBO Percent CTD1.00
Retail SF6,250
Approval Date2019-08-14
Expected Completion2020
Year Opened2020


CCDC Loan Details

Loan ProgramDevelopment Loan
Loan RecipientMonroe Associates, LLC (Mike Todd)
Loan Amount$200,000
Loan StatusClosed
Loan Approval DateAugust 14, 2019
Loan Approval Close DateNovember 20, 2020
Loan MWBE Est$88,750