Pontotoc Row Townhouse Apartments
Category: Projects
Pontotoc Row Townhouse Apartments
316 S 3rd St
Memphis, TN
Construction of eighty (80) units of affordable apartments on a 3.8 acre site located in the South CBID. The project will include 20 one-bedroom units, 34 two-bedroom units, and 26 three-bedroom units
| Project Cost | $5,800,000 |
|---|---|
| District | South CBID |
| Type | New Construction |
| Developer | Pontotoc Place, LLC |
| Status | Completed |
| Apartment Units | 80 |
| Approval Date | 2000-04-18 |
| Year Opened | 2001 |
PILOT Details
| Lessee | Pontotoc Place, LLC |
|---|---|
| Term | 14 Years |
| Approval Date | April 18, 2000 |
| Close Date | 8/25/2000 0:00:00 |
| Extension | 0 |
| Term Mos | 168.00 |
| Status From Date | Terminated |
| Expected Term Date | 8/25/2014 0:00:00 |
| Remaining PILOT Years | 0.00 |
| Pilot Documents | Instrument #03043464 March 5, 2003 - Amendment to lease Instrument #KM6830 August 25, 2000 |