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Jefferson River Estates

Category: Projects

Jefferson River Estates

1445 River Estates Dr
Memphis, TN

Construction of 400 new units of multi-family apartments in 17 buildings on the north end of Mud Island

Property NameEstates at River Pointe
Project Cost$27,435,000
DistrictNorth CBID
TypeNew Construction
DeveloperJPI Apartment Development, LP
Apartment Units400
Approval Date1999-04-13
Year Opened2000


PILOT Details

LesseeKnickerbocker TN Estates LLC
Lessee AddressSentinel Real Estate Corp., 1251 Avenue of the Americas, 35th Floor, New York, NY 10020
Term25 Years
Approval DateApril 13, 1999
Close Date1/13/2000 0:00:00
Extension Term Years15
Term Mos300.00
Extension Term Mos180
Status From DateActive
Expected Term Date1/13/2040 0:00:00
Remaining PILOT Years15.55
Pilot Documents
Instrument #21047691
April 22, 2021
Instrument #21047692
April 22, 2021 - Consent and release agreement
Instrument #21047693
April 22, 2021 - Assignment to Knickerbocker TN Estates LLC
Instrument #02193605
November 12, 2002 - Assignment and assumption of ground lease agreement to Knickerbocker Properties, Inc. XXXIX
Instrument #JY7909
January 13, 2000