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Pressbox Lofts (Toof Mural Building)

195 Madison Ave

Renovate currently vacant and blighted historic 5-story property into approximately 50 rental apartments and approximately 2,500 square feet of ground floor commercial/retail space. Of the 50 rental apartments, 40 will be studio or one-bedroom units (some with lofts), and 10 will be twobedroom units (some with lofts).

PILOT

PILOT Details

  • Lessee:
    195 Madison Avenue, LLC
  • Lessee Address:
    195 Madison Avenue, LLC, 1755-D Lynnfield Road, Suite 142, Memphis, TN 38119 (Returned to sender)
  • Term:
    15
  • Approval Date:
    9/10/2013
  • Close Date:
    12/30/2013
  • Extension:
    0
  • Status From Date:
    active
  • Expected Term Date:
    12/30/2028
  • Remaining Years:
    8.71

PILOT Documents