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The Citizen

Category: Projects

The Citizen

1835 Union Ave
Memphis, TN

The Union Avenue Mixed-Use Development is proposed to be constructed at the corner of Union Avenue and McLean Avenue. The building at the corner will be demolished and replaced by ground-up cnostruction, while two adjacent buildings will be renovated.

Property NameUnion at McLean
Project Cost$33,583,182
DistrictOutside CBID
TypeRenovation & New Construction
DeveloperBelz Enterprises
SF Developed218,000
Total MWBE$7,380,624
EBO Percent CTD1.00
Apartment Units175
Parking Spaces288
Retail SF26,500
Approval Date2015-10-13
Expected Completion2019
Year Opened2019


PILOT Details

LesseeBelz Harbour LLC
Lessee Addressc/o Belz Enterprises, 100 Peabody Place, Suite 1400, Memphis, TN 3 8103
Term15 Years
Approval DateOctober 13, 2015
Close Date12/28/2017 0:00:00
Extension Approval Date2/14/2017 0:00:00
Term Mos180.00
Status From DateActive
Expected Term Date12/28/2032 0:00:00
Remaining PILOT Years8.51
Pilot Documents
Instrument #19104681
October 8, 2019
Instrument #17132473
December 28, 2017
Instrument #17132479
December 28, 2017 - Landlord's estoppel certificate and agreement
Instrument #17132474
December 28, 2017 - PILOT lease