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Barboro Flats & Garage

Category: Projects

Barboro Flats & Garage

100 S Main St
Memphis, TN

Construction of a 5-story building for mixed residential and commercial use; will include 92 apartments, 7,000sf of ground floor commercial space ($9,397,000). Construction of garage ($10,340,000).


Property NameBarboro Flats
Project Cost$19,737,000
DistrictCore
TypeNew Construction
Developer100 South Main Partners
ContractorMontgomery Martin
ArchitectLooney Ricks Kiss Architects
Total MWBE$3,115,809
EBO Percent CTD1.00
StatusCompleted
Apartment Units92
Parking Spaces215
Retail SF7,000
Approval Date2008-08-12
Year Opened2010

 

PILOT Details

Lessee100 South Main Partners
Lessee Addressc/o Henry Turley Company, 65 Union Avenue, Suite 1200, Memphis, TN 38103
Term15 Years
Approval DateAugust 12, 2008
Close Date12/23/2008 0:00:00
Extension0
Term Mos180.00
Status From DateTerminated
Expected Term Date12/23/2023 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #08161181
December 23, 2008
Instrument #11121783
August 1, 2011 - Assignment of lease (Unit 3)
Instrument #11121782
August 1, 2010 - First amendment

PILOT Details

LesseeParking Authority of the City of Memphis and the County of Shelby
Lessee AddressParking Authority, 114 N. Main, Memphis, TN 38103
Term15 Years
Approval DateAugust 12, 2008
Close Date12/23/2008 0:00:00
Extension0
Term Mos180.00
Status From DateTerminated
Expected Term Date12/23/2023 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #08161180
December 23, 2008