64 S. Main
Category: Projects
64 S. Main
64 S Main St
Memphis, TN
A mixed use development featuring ground-floor retail, a basement gym, office space, and a rooftop restaurant.
| Project Cost | $2,390,757 |
|---|---|
| District | Core |
| Type | Renovation |
| Developer | Gabriel Velazquez, November 6 Investments |
| SF Developed | 11,145 |
| Status | Completed |
| Office SF | 5,315 |
| Retail SF | 5,830 |
| Approval Date | 2018-10-09 |
| Expected Completion | 2022 |
| Year Opened | 2023 |
PILOT Details
| Lessee | November 6 Investments |
|---|---|
| Lessee Address | 1068 Cresthaven Rd, Suite 300, Memphis, TN 38119 |
| Term | 15 Years |
| Approval Date | October 9, 2018 |
| Close Date | 4/17/2019 0:00:00 |
| Extension | 0 |
| Term Date | 4/16/2032 0:00:00 |
| Term Mos | 180.00 |
| Status From Date | Active |
| Expected Term Date | 4/16/2032 0:00:00 |
| Remaining PILOT Years | 7.55 |
| Pilot Documents | Instrument #19037688 April 17, 2019 Instrument #19037689 April 17, 2019 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | Gabriel Velasquez |
| Loan Amount | $200,000 |
| Loan Approval Date | October 17, 2018 |
| Loan MWBE Est | $459,604 |