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Arrive Hotel

Category: Projects

Arrive Hotel

477 S Main St
Memphis, TN

The adaptive reuse and renovation of two adjacent historic buildings in the heart of the South Main district into a boutique hotel with multiple dining concepts. The primary building is 477 S. Main, a warehouse building that was most recently used as the Memphis College of Art graduate school.


Property NameMemphis College of Art (Lewis Building)
Project Cost$14,206,000
DistrictSouth CBID
TypeRenovation
DeveloperWessman Holdings, LLC
ArchitectChris Pardo Design
Total MWBE$2,524,113
EBO Percent CTD1.00
StatusCompleted
Hotel Rooms62
Approval Date2017-02-14
Expected Completion2019
Year Opened2019

 

PILOT Details

LesseeSouth Main Hotel, LLC
Lessee Address5715 N Figueroa St, Suite 201, Los Angeles, CA 90042 213-415-1984
Term15 Years
Approval DateFebruary 14, 2017
Close Date8/10/2018 0:00:00
Extension0
Term Mos180.00
Status From DateActive
Expected Term Date8/10/2033 0:00:00
Remaining PILOT Years9.37
Pilot Documents
Instrument #18081656
August 10, 2018
Instrument #18081657
August 8, 2018