Uptown Cottages (164 Keel & 701 Third)
Category: Projects
Uptown Cottages (164 Keel & 701 Third)
0 N 3rd St
Memphis, TN
The subject property consists of two adjacent residential lots in the Uptown neighborhood. The 0.23-acre site is located on the north side of Keel Avenue, in the block between Lyceum Lane and North Third Street and about 1 block south of Chelsea Avenue. Four new rental residential units will be created in the "missing middle" housing" model. Two will be 1-bd units and two will be 2-bd units.
| Project Cost | $684,450 |
|---|---|
| District | North CBID |
| Type | New Construction |
| Developer | Jittapong "JT" Malasri |
| Contractor | Andre Jones |
| SF Developed | 10,011 |
| Status | Completed |
| Apartment Units | 4 |
| Approval Date | 2023-08-09 |
| Expected Completion | 2025 |
| Year Opened | 2025 |
CCDC Loan Details
| Loan Program | Development Loan |
|---|---|
| Loan Recipient | Jittapong "JT" Malasri |
| Loan Amount | $300,000 |
| Loan Status | Approved |
| Loan Approval Date | August 9, 2023 |