Hunt-Phelan Inn
Category: Projects
Hunt-Phelan Inn
533 Beale St
Memphis, TN
Renovation/adaptive reuse of historic Hunt-Phelan home and new construction of a boutique inn. As of late 2015, being renovated into event space.
| Property Name | Hunt Phelan |
|---|---|
| Project Cost | $4,000,000 |
| District | Medical District |
| Type | Renovation & New Construction |
| Developer | Bill Day |
| Status | Completed |
| Hotel Rooms | 76 |
| Approval Date | 2003-10-14 |
| Year Opened | 2005 |
PILOT Details
| Lessee | Hunt-Phelan, LLC |
|---|---|
| Lessee Address | 533 Beale St, Memphis, TN 38103 |
| Term | 15 Years |
| Approval Date | October 14, 2003 |
| Close Date | 11/9/2004 0:00:00 |
| Extension | 0 |
| Term Date | 11/9/2019 0:00:00 |
| Term Mos | 180.00 |
| Status From Date | Terminated |
| Expected Term Date | 11/9/2019 0:00:00 |
| Remaining PILOT Years | 0.00 |
| Pilot Documents | Instrument #16004860 December 18, 2015 - Assignment of lease to new ownership Instrument #15129842 December 18, 2015 - Memorandum of lease between PILOT lessee and new owner Instrument #07159973 October 9, 2007 - Amendment Instrument #05106290 November 9, 2004 |