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Island Park Apartments & Harbor Town Square

Category: Projects

Island Park Apartments & Harbor Town Square

60 Harbor Town Sq
Memphis, TN

Construction of 296 market rate apartments.


Property NameHarbor Town Square Apartments
Project Cost$16,500,000
DistrictNorth CBID
TypeNew Construction
DeveloperIsland Park, LLC
StatusCompleted
Apartment Units296
Approval Date1996-04-16
Year Opened1998

 

PILOT Details

LesseeIsland-Harbor Corp.
Lessee AddressSentinel Real Estate Corporation, Attn: Kathleen Cawley, 1251 Avenue of the Americas, 35th Floor, N
Term10 Years
Approval DateApril 16, 1996
Close Date11/1/1996 0:00:00
Extension1
Extension Term Years15
Term Mos120.00
Extension Term Mos180
Status From DateTerminated
Expected Term Date11/1/2021 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #GE6206
November 1, 1996
Instrument #JR6099
August 26, 1999 - Amended and restated lease
Instrument #JR6098
August 26, 1999 - Assignment of lease and assumption agreement by Island-Harbor Corp
Instrument #JK6859
March 15, 1999 - Amendment to lease
Instrument #JR6097
August 26, 1999 - Assignment of lease and assumption agreement to Mid-South Development, LLC, Brooks Road Associates & Henry M. Turley