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Printer's Alley Lofts

Category: Projects

Printer's Alley Lofts

347 S Front St
Memphis, TN

Renovation of an existing 24,600 sqft building into 20 loft style apartments and new construction of a 3-story building to include 9 townhome units and 750 sqft of ground floor retail space.

Property NamePrinter's Alley
Project Cost$3,150,000
DistrictSouth CBID
DeveloperVince Smith, Jr.; Robert Mallory
ArchitectRenaissance Group
SF Developed24,600
Total MWBE$495,000
EBO Percent CTD1.00
Apartment Units29
Retail SF750
Approval Date2012-03-13
Year Opened2016


PILOT Details

LesseeAlpha Front Street Properties, LLC
Lessee Address44 ABELE RD STE 304, BRIDGEVILLE PA 15017- 3487
Term10 Years
Approval DateMarch 13, 2012
Close Date8/7/2012 0:00:00
Term Mos120.00
Status From DateTerminated
Expected Term Date8/7/2022 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #12088675
August 7, 2012
Instrument #17024734
March 9, 2017 - Lease assignment

CCDC Loan Details

Loan ProgramDevelopment Loan
Loan RecipientPrinters Alley, LLC
Loan Amount$85,000
Loan Approval DateMarch 21, 2012