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The Walk (Union Row) - Phase 1

Category: Projects

The Walk (Union Row) - Phase 1

283 Gayoso Ave
Memphis, TN

A master-planned mixed-use development, spanning a large area of land on Union, Beale, and Monroe. The project is planned to take place in three phases, and include office, retail, hotel, and apartment spaces, as well as a grocery store.


Project Cost$741,173,922
DistrictCore
TypeNew Construction
DeveloperJ. Kevin Adams - Big River Partners, LLC
ContractorMontgomery Martin
ArchitectLRK
StatusPlanned
Apartment Units1,105
Hotel Rooms550
Office SF364,500
Parking Spaces2,664
Retail SF88,106
Approval Date2020-08-11
Expected Completion2025

 

PILOT Details

LesseeUnion Row LB, LLC
Lessee Address2724 Central Ave, Memphis TN 38111
Term30 Years
Approval DateAugust 11, 2020
Extension Approval Date12/31/2025 0:00:00
Extension0
Term Mos360.00
Status From DateApproved
Remaining PILOT Years0.00

CCRFC Loan Details

Incentive ProgramTIF
Incentive RecipientBig River Partners, LLC
Incentive Amount$30
Incentive StatusCancelled
Incentive Approval DateDecember 6, 2018
Incentive MWBE Est$154,939,766