The Inn at Beale Street
Category: Projects
The Inn at Beale Street
380 Beale St
Memphis, TN
A five story hotel on Beale Street with 120 guest rooms and amenities that include a pool, fitness center, and a rooftop deck. The new building will replace a vacant building that formerly housed a club.
| Project Cost | $16,087,750 |
|---|---|
| District | Core |
| Type | New Construction |
| Developer | TCH Memphis (Turkey Creek Hospitality) |
| Architect | Overcash-Demmit Architecture |
| SF Developed | 70,000 |
| Status | Planned |
| Hotel Rooms | 120 |
| Approval Date | 2018-07-10 |
| Expected Completion | 2025 |
PILOT Details
| Lessee | TCH Memphis, LLC |
|---|---|
| Lessee Address | 326 Lovell Rd., Knoxville, TN 37934 |
| Term | 13 Years |
| Approval Date | July 10, 2018 |
| Close Date | 3/31/2021 0:00:00 |
| Extension Approval Date | 5/14/2019 0:00:00 |
| Extension | 0 |
| Term Mos | 156.00 |
| Status From Date | Active |
| Expected Term Date | 3/31/2034 0:00:00 |
| Remaining PILOT Years | 9.51 |
| Pilot Documents | Instrument #21038679 March 31, 2021 Instrument #21038680 March 31, 2021 |