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 Name | Metro 67 |
|---|---|
| Project Cost | $27,954,000 |
| District | Core |
| Type | Renovation |
| Developer | EFO Residential Partners, LP |
| Contractor | Standard Builders |
| Architect | Hnedak Bobo Group |
| Total MWBE | $7,001,200 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Apartment Units | 157 |
| Retail SF | 18,000 |
| Approval Date | 2006-04-11 |
| Year Opened | 2009 |
PILOT Details
| Lessee | HopeCote Metro, LLC |
|---|---|
| Lessee Address | 10000 LAKE HARDEMAN RD MIDDLETON, TN 38052-4226 USA |
| Term | 15 Years |
| Approval Date | April 11, 2006 |
| Close Date | 6/29/2006 0:00:00 |
| Extension | 0 |
| Term Mos | 180.00 |
| Status From Date | Terminated |
| Expected Term Date | 6/29/2021 0:00:00 |
| Remaining PILOT Years | 0.00 |
| Pilot Documents | Instrument #16029122 March 25, 2016 - Assignment, Assumption and Modification of Lease from 67 Madison Partners to HopeCote Metro, LLC Instrument #06113086 June 29, 2006 |