Peabody Place Gold
Category: Projects
Peabody Place Gold
123 S Main St
Memphis, TN
Mixed use facility - apartments and commercial
| Property Name | Pembroke Square Apartments |
|---|---|
| Project Cost | $18,579,850 |
| District | Core |
| Status | Completed |
| Apartment Units | 45 |
| Retail SF | 18,800 |
| Year Opened | 1995 |
PILOT Details
| Lessee | Peabody Place-Gold, LP |
|---|---|
| Lessee Address | Clinton J. Gray, SPTC, CRA, Director of Property Tax, Belz Enterprises, 100 Peabody Place, Suite 140 |
| Term | 25 Years |
| Close Date | 8/18/1994 0:00:00 |
| Extension | 1 |
| Extension Term Years | 15 |
| Term Mos | 300.00 |
| Extension Term Mos | 180 |
| Status From Date | Active |
| Expected Term Date | 8/18/2034 0:00:00 |
| Remaining PILOT Years | 9.20 |
| Pilot Documents | Instrument #EP6915 August 18, 1994 Instrument #GG3752 December 4, 1996 - Amendment to lease Instrument #JD7244 February 23, 1999 - Second amendment to lease Instrument #JP3069 August 1, 1999 - Assignment of rents |