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 |
|---|---|
| District | South CBID |
| Type | Renovation |
| Developer | Ambassador Commons, LLC |
| SF Developed | 18,000 |
| Status | Completed |
| Apartment Units | 18 |
| Approval Date | 1999-12-14 |
| Year Opened | 2002 |
PILOT Details
| Lessee | Ambassador Commons LLC |
|---|---|
| Term | 10 Years |
| Approval Date | December 14, 1999 |
| Close Date | 12/14/2001 0:00:00 |
| Extension Approval Date | 1/9/2001 0:00:00 |
| Extension | 0 |
| Term Date | 5/19/2005 0:00:00 |
| Term Mos | 120.00 |
| Status From Date | Terminated |
| Expected Term Date | 5/19/2005 0:00:00 |
| Remaining PILOT Years | 0.00 |
| Pilot Documents | Instrument #02101164 June 18, 2002 - Re-recorded Instrument #01008867 December 14, 2001 |