Carrot (originally Red Velvet)
Category: Projects
Carrot (originally Red Velvet)
314 S Main St
Memphis, TN
Commercial live-work building that will include retail/restaurant space on the ground floor and one residential unit above.
| Project Cost | $388,710 |
|---|---|
| District | South CBID |
| Type | Renovation |
| SF Developed | 4,000 |
| Status | Completed |
| Apartment Units | 1 |
| Restaurant SF | 2,000 |
| Approval Date | 2010-09-15 |
| Year Opened | 2011 |
CCDC Grant Details
| Grant Program | Storefront Improvement Grant |
|---|---|
| Grant Recipient | Red Velvet, LLC |
| Grant Amount | $18,000 |
| Grant Approval Date | November 17, 2010 |
CCDC Loan Details
| Loan Program | Retail Forgivable Loan |
|---|---|
| Loan Recipient | Red Velvet, LLC |
| Loan Amount | $35,000 |
| Loan Approval Date | September 15, 2010 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | Neil Armstrong |
| Loan Amount | $53,200 |
| Loan Approval Date | November 17, 2010 |