492 South 2nd
Category: Projects
492 South 2nd
492 S 2nd St
Memphis, TN
The building is proposed to be renovated into three (3) sections: two sections as rental studio spaces for artists and a common gallery space, and the balance marketed as restaurant space.
| Project Cost | $261,581 |
|---|---|
| District | South CBID |
| Type | Renovation |
| SF Developed | 9,000 |
| Total MWBE | $49,379 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Retail SF | 9,000 |
| Approval Date | 2011-09-21 |
| Year Opened | 2012 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | Peri Motamedi |
| Loan Amount | $52,000 |
| Loan Status | Closed |
| Loan Approval Date | September 21, 2011 |
| Loan Approval Close Date | December 31, 2012 |
| Loan MWBE Est | $28,136 |