Mixed used project gets under way in Memphis
01/15/2008
By Candy McCampbell
Construction of Barbaro Alley Flats, a $21.7 million mixed use project in the Main Street Demonstration Block in downtown Memphis, is under way after developers won a series of governmental and financial approvals.
Montgomery Martin Contractors LLC of Memphis is the contractor and Looney Ricks Kiss of Memphis is the architect for developers 100 South Main Partners, which consists of Henry Turley Co., Greenhat Partners LLC, Slovis and Associates, Calvin Anderson, Gregory Duckett, Monice Moore Hagler and Herbert Hilliard.
Located in a downtown revitalization area, the project will include 92 apartments over a 205-space parking garage with 7,000 sq ft of retail space on the ground level.
The developers will own and operate the apartments and retail space and the Downtown Parking Authority will own and operate the parking garage. It has agreed to lease up to 92 parking spaces to tenants of the apartments before leasing to other users.
Completion is scheduled in 18 months.
The site, which has been a hole in the ground, was home to the Cook & Love Shoe building. A previous developer dropped plans for a 28-story tower and parking garage there.
Barbaro Alley Flats is designed to blend in with neighboring historic buildings. Two Greenhat partners, Jason Wexler and William Orgel, have rehabilitated three other historic buildings in the same block.
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