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Metro 67

Category: Projects

Metro 67

67 Madison Ave
Memphis, TN

Renovation of the former Union Planters bank building into 157 apartments and approximately 18,000sf of retail/office space

Property NameMetro 67
Project Cost$27,954,000
DeveloperEFO Residential Partners, LP
ContractorStandard Builders
ArchitectHnedak Bobo Group
Total MWBE$7,001,200
EBO Percent CTD1.00
Apartment Units157
Retail SF18,000
Approval Date2006-04-11
Year Opened2009


PILOT Details

LesseeHopeCote Metro, LLC
Lessee Address10000 LAKE HARDEMAN RD MIDDLETON, TN 38052-4226 USA
Term15 Years
Approval DateApril 11, 2006
Close Date6/29/2006 0:00:00
Term Mos180.00
Status From DateTerminated
Expected Term Date6/29/2021 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #16029122
March 25, 2016 - Assignment, Assumption and Modification of Lease from 67 Madison Partners to HopeCote Metro, LLC