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Second Street Flats
Project Information
- Project Location:
- Memphis, TN
- Status:
- Completed
- Structure Type:
- Apartments & Condominiums
References
- Owner:
- New Blossom Developers, LLC
- Architect:
- Kersey/Wike Associates, P.C
Scope Of Work
The project focuses on the affordable market housing and uses a variety of local and federal incentives. The development team is using a Payment In Lieu Of Taxes, PILOT, through the Health, Education and Housing Facility Board of the City of Memphis. Elmington Capital is also using a low income housing tax credit, a federal program made available through the Tennessee Housing Development Authority.
Second Street Flats is a 64 unit project on 1.5 acres in downtown Memphis. The project consists of one and two bedroom units and small ground floor retail/commercial, Leasing and Clubhouse facility.
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