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The Washburn

Category: Projects

The Washburn

60 S Main St
Memphis, TN

Renovation of historic 66,000sf, five-story building will include 42 (900 - 1200sf) apartments and approximately 5,000sf of ground floor commercial space


Property NameThe Washburn
Project Cost$7,865,000
DistrictCore
TypeRenovation
DeveloperDowntown Developers LLC
ContractorNaylor Construction
ArchitectHabiterra
SF Developed66,000
Total MWBE$1,272,411
EBO Percent CTD1.00
StatusCompleted
Apartment Units42
Retail SF5,000
Approval Date2008-07-08
Year Opened2010

 

PILOT Details

LesseeAlpha Washburn Properties, LLC
Lessee Address429 N. Main Street, 2nd Floor, Memphis, TN 38103
Term15 Years
Approval DateJuly 8, 2008
Close Date10/14/2008 0:00:00
Extension0
Term Date10/26/2023 0:00:00
Term Mos180.00
Status From DateTerminated
Expected Term Date10/26/2023 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #08135783
October 14, 2008
Instrument #16035403
April 12, 2016 - Assignment to Washburn Partners LLC
Instrument #16127890
December 8, 2016 - Assignment to Alpha Washburn Properties, LLC
Instrument #23092082
October 26, 2023 - PILOT termination QC