A. Schwab
Category: Projects
A. Schwab
163 Beale St
Memphis, TN
Renovate and lease it to A. Schwab Trading Company (a separate entity composed of the same ownership group), whom will then continue to operate the business as an A. Schwab store, but enhanced, and with more offerings, as detailed in the applicant's application. The improvements planned for the building include but are not limited to repairing or replacing the following: roof, exterior windows, HV AC, fas:ade, and electrical.
| Property Name | A. Schwab |
|---|---|
| Project Cost | $2,440,000 |
| District | Core |
| Type | Renovation |
| SF Developed | 20,000 |
| Total MWBE | $64,500 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Retail SF | 20,000 |
| Approval Date | 2012-03-21 |
| Year Opened | 2013 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | A. Schwab Real Estate Company, LLC |
| Loan Amount | $66,000 |
| Loan Status | Closed |
| Loan Approval Date | March 21, 2012 |
| Loan Approval Close Date | June 18, 2013 |
| Loan MWBE Est | $72,000 |