Loflin Yard
Category: Projects
Loflin Yard
717 Florida St
Memphis, TN
Renovation of former Key Shop into a bar and light restaurant, and former barn into an event space. Between the barn and the Key Shop will be a landscaped and manicured yard. Customers of the business will be able to utilize the 10,000 sq. ft. outdoor yard for activities and games.
| Property Name | Loflin Yard |
|---|---|
| Project Cost | $878,190 |
| District | Core |
| Type | Renovation |
| Developer | Brad Barnett |
| Total MWBE | $22,000 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Approval Date | 2015-12-16 |
| Year Opened | 2016 |
CCDC Grant Details
| Grant Program | Storefront Improvement Grant |
|---|---|
| Grant Recipient | Loflin, LLC |
| Grant Amount | $18,425 |
| Grant Status | Closed |
| Grant Approval Date | December 16, 2015 |
| Grant Approval Close Date | April 29, 2016 |
| Grant MWBE Est | $6,700 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | Brad Barnett |
| Loan Amount | $47,000 |
| Loan Status | Closed |
| Loan Approval Date | December 16, 2015 |
| Loan Approval Close Date | April 29, 2016 |
| Loan MWBE Est | $47,486 |