Uptown Square Apartments
Category: Projects
Uptown Square Apartments
252 N Lauderdale St
Memphis, TN
Creation of new infill housing on approximately 200 acres at a variety of income levels, including more than 375 single-family affordable homes; projects include: commerical neighborhood center (under construction); Uptown West park & infrastructure (unde
| Property Name | Uptown Square |
|---|---|
| Project Cost | $27,200,000 |
| District | Core |
| Type | New Construction |
| Developer | Henry Turley Co.; Belz Enterprises; MHA |
| Architect | Looney, Ricks, and Kiss |
| Status | Completed |
| Apartment Units | 347 |
| Approval Date | 2002-07-09 |
| Year Opened | 2004 |
PILOT Details
| Lessee | Uptown Square Apartments, LP |
|---|---|
| Lessee Address | c/o Henry Turley Company, 65 Union Avenue, Suite 1200, Memphis, TN 38103 |
| Term | 20 Years |
| Approval Date | July 9, 2002 |
| Close Date | 2/20/2003 0:00:00 |
| Extension | 0 |
| Term Date | 2/20/2023 0:00:00 |
| Term Mos | 240.00 |
| Status From Date | Terminated |
| Expected Term Date | 2/20/2023 0:00:00 |
| Remaining PILOT Years | 0.00 |
| Pilot Documents | Instrument #03034984 February 20, 2003 - Sublease to CCRFC Instrument #03034986 February 20, 2003 - PILOT sublease to CCRFC Instrument #24001411 February 20, 2023 - Quit claim to end the PILOT Instrument #19088346 February 1, 2018 - Amendment to lease reducing city payments in last five years. |