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Bakery Apartments & Edge Redevelopment

0 Danny Thomas Blvd

A redevelopment of six parcels in the edge district, including the historic Wonder Bread Factory at 400 Monroe, and the former Memphis Cycle Supply at 421 Monroe. Includes 286 apartment units on the site of the Wonder Bread Factory, and over 155,000 sf of retail, office, and mixed-use space spread throughout the development.

Garage Funding

Garage Funding Details

  • Approval Date:
    8/8/2017
  • Close Date:
    12/31/2018
  • Status From Date:
    active

Garage Funding Details

  • Approval Date:
    8/8/2017
  • Close Date:
    1/31/2018
  • Status From Date:
    active

Garage Funding Details

  • Approval Date:
    8/8/2017
  • Close Date:
    12/31/2018
  • Status From Date:
    active

Garage Funding Details

  • Approval Date:
    8/8/2017
  • Close Date:
    12/31/2018
  • Status From Date:
    active

Garage Funding Details

  • Approval Date:
    8/8/2017
  • Close Date:
    2/16/2018
  • Status From Date:
    active

Garage Funding Details

  • Amount:
    $6,000,000
  • Approval Date:
    8/8/2017
  • Close Date:
    9/13/2018
  • Status From Date:
    active

PILOT

PILOT Details

  • Lessee:
    Chestnut Opportunity Fund, LLC
  • Lessee Address:
    PGK Properties, LLC, c/o Development Services Group, Inc. 40 S. Main St, Suite 2200, Memphis TN 38103
  • Term:
    20
  • Approval Date:
    8/8/2017
  • Close Date:
    12/31/2018
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    12/31/2038
  • Remaining Years:
    18.72

PILOT Details

  • Lessee:
    Orion Federal Credit Union
  • Lessee Address:
    7845 Highway 64, Memphis, TN 38133
  • Term:
    20
  • Approval Date:
    8/8/2017
  • Close Date:
    1/31/2018
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    1/31/2038
  • Remaining Years:
    17.80

PILOT Details

  • Lessee:
    PGK Properties, LLC
  • Lessee Address:
    PGK Properties, LLC, c/o Development Services Group, Inc., 40 S. Main Street Suite 2200, Memphis, TN 38103
  • Term:
    20
  • Approval Date:
    8/8/2017
  • Close Date:
    12/31/2018
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    12/31/2038
  • Remaining Years:
    18.72

PILOT Details

  • Lessee:
    PGK Properties, LLC
  • Lessee Address:
    PGK Properties, LLC, c/o Development Services Group, Inc., 40 S Main Street Suite 22000, Memphis, TN 38103
  • Term:
    20
  • Approval Date:
    8/8/2017
  • Close Date:
    12/31/2018
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    12/31/2038
  • Remaining Years:
    18.72

PILOT Details

  • Lessee:
    River Hawk Properties, LLC
  • Lessee Address:
    P.O Box 770718, Memphis, TN 38117
  • Term:
    20
  • Approval Date:
    8/8/2017
  • Close Date:
    2/16/2018
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    2/16/2038
  • Remaining Years:
    17.84

PILOT Details

  • Lessee:
    WH Bakery, LLC
  • Lessee Address:
    c/o Worthington Hyde Partners, 3930 East Jones Bridge Road, Suite 145, Norcross, Georgia, 30092
  • Term:
    20
  • Close Date:
    9/13/2018
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    9/13/2038
  • Remaining Years:
    18.42

PILOT Documents