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Orion FCU Headquarters (Bakery Redevelopment)

Category: Projects

Orion FCU Headquarters (Bakery Redevelopment)

400 Monroe Ave
Memphis, TN

The renovation of a portion of the historic Wonderbread bakery into office space for Orion Federal Credit Union. This project is a component of the larger Edge Redevelopment project that included the construction of The Rise, a new parking garage, the Orion and Leo Events headquarters, and the renovation of the Cycle Shop and Glass Factory buildings.

Project Cost$14,242,479
DistrictMedical District
DeveloperGary Prosterman, Development Services Group (DSG)
ArchitectLooney Ricks Kiss
SF Developed75,000
Office SF60,000
Approval Date2017-08-08
Expected Completion0
Year Opened2019


PILOT Details

LesseeOrion Federal Credit Union
Lessee Address7845 Highway 64, Memphis, TN 38133
Term20 Years
Approval DateAugust 8, 2017
Close Date1/31/2018 0:00:00
Term Mos240.00
Status From DateActive
Expected Term Date1/31/2038 0:00:00
Remaining PILOT Years13.60
Pilot Documents
Instrument #18010263
January 31, 2018