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80 Virginia

Category: Projects

80 Virginia

80 E Virginia Ave
Memphis, TN

The renovation of a 3-story industrial building on the South End into a 24-unit residential building with 1,000 square feet of commercial space on the ground floor.

Project Cost$3,847,082
DistrictSouth CBID
DeveloperMike Kennedy
Apartment Units24
Office SF1,000
Approval Date2018-09-04
Expected Completion2022
Year Opened2022


PILOT Details

LesseeNational Rose Memphis, LLC
Lessee Address1350 Concourse Avenue Memphis Tennessee, 38104
Term8 Years
Approval DateSeptember 4, 2018
Close Date10/13/2020 0:00:00
Extension Approval Date1/14/2020 0:00:00
Term Mos102.00
Status From DateActive
Expected Term Date4/13/2029 0:00:00
Remaining PILOT Years5.04
Pilot Documents
Instrument #20112118
October 13, 2020
Instrument #23075189
September 5, 2023 - Trust deed release for Financial Federal Bank
Instrument #20112119
October 13, 2020
Instrument #22124665
November 11, 2022 - Assignment to National Rose Memphis, LLC