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Cabinet Shop Lofts

Category: Projects

Cabinet Shop Lofts

436 S Front St
Memphis, TN

Renovation of an existing building into 25 apartments and 1,500sf ground-floor retail space


Property NameCabinet Shop Lofts
Project Cost$2,525,000
DistrictSouth CBID
TypeRenovation
DeveloperGreenbrier Partners, LLC
ArchitectArchimania
Total MWBE$1,640,000
EBO Percent CTD1.00
StatusCompleted
Apartment Units25
Retail SF1,500
Approval Date2010-04-13
Year Opened2013

 

PILOT Details

LesseeAlpha Front Street Properties, LLC
Lessee Address322 North Shore Drive Bldg G 1B, Suite #200 Pittsburgh, PA 15212
Term10 Years
Approval DateApril 13, 2010
Close Date9/30/2010 0:00:00
Extension0
Term Mos120.00
Status From DateTerminated
Expected Term Date9/30/2020 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #10102470
September 30, 2010
Instrument #16097463
September 22, 2016 - Lease assigned to Alpha Front Street Partners

CCDC Loan Details

Loan ProgramDevelopment Loan
Loan RecipientGreenbrier Partners, LLC
Loan Amount$77,000
Loan StatusClosed
Loan Approval DateMay 19, 2010
Loan Approval Close DateJuly 15, 2013