Skip to Main Content

First Place Parking Garage

Category: Projects

First Place Parking Garage

21 S 2nd St
Memphis, TN

Parking garage

Property NameFirst Place Parking Garage
Project Cost$6,800,000
Approval Date1996-08-20
Year Opened1998


PILOT Details

LesseeNine South Second Properties, LLC
Lessee AddressJ. Gordon Hollingsworth 10 South Main Street, Suite 1408, Memphis, TN 38103
Term21 Years
Approval DateAugust 20, 1996
Close Date2/17/1998 0:00:00
Extension Approval Date12/16/1997 0:00:00
Extension Term Years15
Term Mos252.00
Extension Term Mos180
Status From DateActive
Expected Term Date2/17/2034 0:00:00
Remaining PILOT Years10.41
Pilot Documents
Instrument #JP3069
August 1, 1999 - Assignment of rents
Instrument #JD9802
March 2, 1999 - Re-recording to increase term
Instrument #HH0266
February 17, 1998
Instrument #06043160
January 9, 2006 - Agreement for lease of parking spaces