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 Name | Courtyard Marriott |
|---|---|
| Project Cost | $21,100,000 |
| District | Core |
| Type | New Construction |
| Developer | THG Jefferson, LLC |
| Architect | Bounds & Gillespie Architects, LLC |
| Total MWBE | $5,175,530 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Hotel Rooms | 131 |
| Retail SF | 23,000 |
| Approval Date | 2007-08-14 |
| Year Opened | 2010 |
PILOT Details
| Lessee | THG Jefferson, LLC |
|---|---|
| Lessee Address | Attn: Gregory Averbuch, c/o Summit Asset Management Corporation, 4401 Northside Parkway Suite 711, |
| Term | 20 Years |
| Approval Date | August 14, 2007 |
| Close Date | 8/13/2008 0:00:00 |
| Extension | 0 |
| Term Mos | 240.00 |
| Status From Date | Active |
| Expected Term Date | 8/13/2028 0:00:00 |
| Remaining PILOT Years | 4.89 |
| Pilot Documents | Instrument #08132222 August 13, 2008 |