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Courtyard Marriott Downtown

Category: Projects

Courtyard Marriott Downtown

75 Jefferson Ave
Memphis, TN

Construction of an 8-story, 131-room Courtyard Marriott Hotel with approximately 23,000sf of commercial space

Property NameCourtyard Marriott
Project Cost$21,100,000
TypeNew Construction
DeveloperTHG Jefferson, LLC
ArchitectBounds & Gillespie Architects, LLC
Total MWBE$5,175,530
EBO Percent CTD1.00
Hotel Rooms131
Retail SF23,000
Approval Date2007-08-14
Year Opened2010


PILOT Details

LesseeTHG Jefferson, LLC
Lessee AddressAttn: Gregory Averbuch, c/o Summit Asset Management Corporation, 4401 Northside Parkway Suite 711,
Term20 Years
Approval DateAugust 14, 2007
Close Date8/13/2008 0:00:00
Term Mos240.00
Status From DateActive
Expected Term Date8/13/2028 0:00:00
Remaining PILOT Years4.89
Pilot Documents
Instrument #08132222
August 13, 2008