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Ambassador Hotel

Category: Projects

Ambassador Hotel

77 Vance Ave
Memphis, TN

Complete renovation of a three-story, 18,000sf former hotel building as 18 apartments

Project Cost$950,000
DistrictSouth CBID
DeveloperAmbassador Commons, LLC
SF Developed18,000
Apartment Units18
Approval Date1999-12-14
Year Opened2002


PILOT Details

LesseeAmbassador Commons LLC
Term10 Years
Approval DateDecember 14, 1999
Close Date12/14/2001 0:00:00
Extension Approval Date1/9/2001 0:00:00
Term Date5/19/2005 0:00:00
Term Mos120.00
Status From DateTerminated
Expected Term Date5/19/2005 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #02101164
June 18, 2002 - Re-recorded
Instrument #01008867
December 14, 2001