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Falls Building Redevelopment

Category: Projects

Falls Building Redevelopment

22 N Front St
Memphis, TN

The conversion of the Falls Building, a historic 11-story office building in the Downtown Core, into a multifamily building with groudn floor retail. The renovated building will contain 170 Class A apartment units, 2,244 sq. ft. of ground floor retail space, and 12,525 sq. ft. of amenity space.

Property NameFalls Building
Project Cost$79,075,000
DeveloperLeft Lane Development
ContractorTurner Construction
ArchitectEarl Swenson & Associates
SF Developed156,000
Apartment Units170
Retail SF2,244
Approval Date2023-05-09
Expected Completion2025


PILOT Details

LesseeFalls Building Property Owner, LLC
Lessee Addressc/o Left Lane Development, LLC, 827 Washington St., New York, NY 10014
Term12 Years
Approval DateMay 9, 2023
Term Mos144.00
Status From DateApproved
Remaining PILOT Years0.00