Memphis Housing Authority

MEMPHIS HOUSING AUTHORITY
THE CITY OF MEMPHIS
HOPE VI PROJECTS
MEMPHIS HOUSING AUTHORITY
including
HOPE VI & MEMPHIS LAND BANK
MEMPHIS LAND BANK (MLB
PROPERTY PORTFOLIO
November 1, 2014
MEMPHIS HOUSING AUTHORITY (MHA) PROPERTIES
ASKEW PLACE
521 Vance Park Place
Memphis, TN 38126
(901) 544-1242
Twenty-five houses (25), two, three and
four bedroom houses. Covered gazebo
and barbeque grill. Full amenities;
master
bedrooms,
central
airconditioning,
energy
efficient
construction,
intrusion
protection
system, and well-lit interior core. ADA
and Visitable Compliant.
MHA CAPITAL
BARRY TOWERS
255 North Lauderdale
Memphis, TN 38103
(901) 544-1240
One-hundred, ninety-eight (198) units.
Landscaping, installation of security cameras
in progress, HVAC upgrades for common
areas on the first floor, ADA upgrades,
interior finish upgrades, waterproof exterior,
rehab work in dwelling units, common area
mechanical
equipment
upgrades,
modifications for domestic water system for
isolation and shower panels for bare wet
walls, exterior repairs completed, new roof
installed and community room.
PUBLIC
BISHOP G. E. PATTERSON POINTE
886 Latham
Memphis, TN 38126
(901) 544-1242
Twenty-four (24) single and sixteen (16) multifamily dwellings. All units are Low Income
Housing Tax Credit. Full amenities; master
bedroom, central air-conditioning, energy
efficient construction, intrusion protection
system, playground area, well-lit interior core,
on-site management and community building.
ADA and Visitable Compliant.
PRIVATE
FAIRWAY MANOR-SENIOR LIVING
12 West Fairway Avenue
Memphis, Tennessee 38109
(901) 687-8033
Fairway Manor-Senior Building is comprised of forty-eight (48) onebedroom/one bath units and twenty (20) two-bedroom/one bath
units for the elderly. The gated community also has a senior amenity
center with a leasing office and a nearly 3000 square foot multifamily community building/leasing office.
FAIRWAY MANOR-TOWNHOMES
108 Fairway Meadow Circle South
Memphis, Tennessee 38109
(901) 457-8380
Fairway Manor Townhomes is comprised of multi-family sections
which includes fourteen (14) three-bedroom/two and a half baths
and fourteen (14) four-bedroom/two baths units, with on-site
laundry facility.
FIRESTONE MANOR
(Development Stage)
The proposed development, Firestone Manor, will replace the
former dilapidated public housing community known as Oates
Manor Apartments
LEVI-LAKEVIEW LANDING
745 West Levi Road
Memphis, Tennessee 38109
(901) 785-5840
Levi Landing, 24 three-bedroom and 8 four-bedroom units, and
Lakeview Landing , 111 three-bedroom and 41 four-bedroom units,
together consists of 184 affordable residential units located at 745
W. Levi Road in Memphis, Tennessee. All of the units are lowincome tax credit units and are reserved for those earning at or
below 50% and 60% of the Area Median Income
PARKWAY COMMONS
1500 Parkway View Circle
Memphis, Tennessee 38106
(901) 726-1812
Parkway Commons is an 80 unit, two-story garden apartment
community containing 16 one-bedroom, 40 two-bedroom and 24
three-bedroom units suited for families and single residents
RICHMOND PLACE APARTMENTS
3361 Sobota Circle
Memphis, Tennessee 38109
(901) 789-0038
Richmond Place, formerly known as Pecan Grove Senior
Apartments, is a two-story garden apartments and townhomes
community containing 22 one-bedroom, 56 two-bedroom and 22
three-bedroom units.
VILLAGE AT CYPRESSWOOD
168 Cypresswood
Memphis, Tennessee 38109
(901) 786-9252
Village at Cypresswood is a newly developed multi-family
community consisting of 116 affordable rental units contained in 29
quad buildings
TOTAL
COMPLETE
Askew Place
$3,400,000
$0
$3,400,000
Barry Towers
$5,100,000
$0
$5,100,000
Bishop G. E. Patterson Pointe
$4,754,473
$1,760,607
$6,515,080
Borda Towers
$2,407,037
$0
$2,407,037
College Park Exterior
$1,312,249
Dr. R. Q. Venson Center
$4,157,530
Jefferson Square
Latham Terrace
Montgomery Plaza
$1,312,249
$0
$4,157,530
$2,600,000
$0
$2,600,000
$5,214,000
$3,712,000
$8,926,000
$4,200,000
$0
$4,200,000
$33,145,289
$5,472,607
$38,617,896
HOPE VI
SUBTOTAL
IN-PROGRESS
High Rises (Upgrades In-Progress)
Kefauver (In-Progress)
$2,000,000
$500,000
College Park II (In-Progress)
$3,000,000
SUBTOTAL
S5,500,000
$2,000,000
$0
$500,000
$3,000,000
$0
$5,500,000
PUBLIC
$33,145,289
$5,500,000
$20,600,000
$59,245,289
$ 5,472,607
$0
$0
$5,472,607
$38,617,896
$5,500,000
$20,600,000
$64,717,896
HOPE VI
In-Progress
Planned
Subtotal
$104,900,000
$42,000,000
$30,000,000
$176,900,000
$108,059,180 *
$75,357,000 *
$33,300,000*
$216,716,180
$109,408,214*
$71,900,000*
$60,000,000*
$241,308,214
$322,367,394
$189,257,000
$123,300,000
$634,924,394
$1,235,000
$0
$0
$36,864,765*
$9,952,000*
$8,486,250*
$61,926,000
$4,082,000
$8,000,000
$100,025,765
$14,034,000
$16,486,250
$1,235,000
$55,303,015
$74,008,000
$130,546,015
$178,135,000
$331,264,484
$320,788,821
$830,188,305
$600,000
$0
MHA High Rises (Planned)
$20,000,000
$0
SUBTOTAL
SUBTOTAL
$20,600,000
$0
$20,600,000
TOTAL
TOTAL
$59,245,289
$5,472,607
$64,717,896
*Includes CIP, CDBG, MHA Capital and HOME
*Includes Private Donations, Developers Fees and Owner Equity
Kefauver II (Planned)
TOTAL
$0
$0
$0
$0
MLB
Complete
In-Progress
Planned
PLANNED
PRIVATE
MHA
Complete
In-Progress
Planned
Subtotal
LEGENDS
HOPE VI PROPERTIES
Under the HOPE VI Urban Revitalization Program, the Memphis
Housing Authority and its partners have developed a national
redevelopment model to revitalize former distressed public housing
developments. The City of Memphis remains steadfast in its
commitments to provide available resources and technical support to
assist with the overall redevelopment effort and revitalization of our
distressed neighborhoods.
Since 1995, the City of Memphis has been awarded over $144,000,000
in HOPE VI Program funds alone, leveraged to $375,000,000 to
facilitate redevelopment activities at five former public housing sites.
In addition to the redevelopment of over 2,200 affordable, public
housing, and market rate new and rehabilitated rental and for-sale
housing units. These major transformation initiatives, will encourage
local and minority business development, as well as transform the lives
of public housing residents through achievement of economic selfsufficiency.
•
METROPOLITAN APARTMENTS
374 Mill Avenue
Memphis, Tennessee 38107
(901) 527-1670
MAGNOLIA TERRACE SENIOR FACILITY
669 North Third Street
Memphis, TN 38107
(901) 524-1007
UPTOWN HOMES
534 North Second Street
Memphis, TN 38103
(901) 523-9402
UPTOWN/UPTOWN SQUARE APARTMENTS
253 North Lauderdale
Memphis, Tennessee 38103
(901) 523-9402
LEGENDS PARK
198 North Pauline
Memphis, Tennessee 38105
(901) 577-9722
Uptown HOPE VI Grant
• $35 m HOPE VI Grant
• Redevelopment of 100 city block area
UPTOWN PHASES
•
Greenlaw Place Apartments
• 88 units
•
Magnolia Terrace Senior Housing
• 69 units
•
Metropolitan Apartments
• 114 units
•
Neighborhood Homes Scattered Site Rental
• 106 single-family homes
•
Neighborhood Homes For-Sale
• 104 single-family homes
•
Market Rate Housing
• 98 single-family units
•
Uptown Square Apartments
• $38 m Mixed-Finance Project
• 347 units
• Rehabilitation of Lauderdale Courts
(historic register listed property)
UPTOWN
GREENLAW PLACE
148 Mill Avenue, Suite 102
Memphis, Tennessee 38105
(901) 521-1670
COLLEGE PARK
990 College Park
Memphis, Tennessee 38126
(901) 946-7100
LEGENDS PARK SENIOR HOUSING
295 West Red Sox Lane
Memphis, Tennessee 38105
(901) 244-3200
CLEABORN POINTE AT
HERITAGE LANDING
460 South Lauderdale
Memphis, Tennessee 38126
(901) 254-7670
MCKINLEY PARK
Georgia at McKinley
Memphis, Tennessee 38103
(901) 523-9402
UNIVERSITY PLACE
1045 E. H. Crump Boulevard
Memphis, Tennessee 38104
(901) 526-0810
HOPE VI
PUBLIC
PRIVATE
TOTAL INVESTMENT
College Park
$47,300,000
$4,250,000.00
$690,000.00
$675,000.00
$5,000,000
$4,300,000
$62,250,000
University
$20,000,000
$2,600,000
$2,500,000.00
$32,583,891.00
$220,000.00
$21,043,000
$8,882,000
$1,200,000
$580,000
$89,608,891
Uptown
$35,000,000
$9,300,000
$24,335,000
$46,752,000
$14,730,000
$2,500,000
$900,000
$105,887,000
•
$20 million HOPE VI Grant
•
234 rental units for families
•
SUBTOTAL
•
•
•
•
12,000 sq. ft. of commercial development with an
additional 23 one and two bedroom
market rate units
81 unit senior building
30 single family for sale homes
18 three bedroom homes
12 four bedroom homes
•
•
•
•
•
$47.2 million in HOPE VI Grant
261 family units completed
80 unit senior building
70 single family for sale homes
40,000 sq. ft. multi-service community center
•
•
•
•
$22m in HOPE VI Grant
278 family units to be completed in 2015
84 unit senior building
5,000 square foot community building
•
•
•
•
$20m HOPE VI Grant
372 family units completed
118 unit senior building
30,000 square foot community center
for youth activities
$133,571,000
$104,900,000
$74,553,891
Cleaborn Pointe
$22,000,000
$1,100,000
$3,200,000
$1,000,000
$14,800,000
$200,000
$10,000,000
$3,300,000
$18,300,000
$9,600,000
$1,700,000
$85,200,000
Legends
$20,000,000
$8,800,000
$1,500,000
$15,900,000
$4,057,000
$2,100,000
$1,700,000
$500,000
$22,700,000
$5,100,000
$6,100,000
$88,457,000
SUBTOTAL
$42,000,000
$64,857,000
$66,800,000
$146,900,000
$139,410,891
$172,687,000
$459,086,891
$30,000,000
$12,700,000
$60,000,000
$102,700,000
$176,000,000
$152,110,891
$232,687,000
$561,786,891
PLANNED
Foote Homes/
Choice Neighborhoods
TOTAL
MEMPHIS LAND BANK (MLB) PROPERTIES
AUSTIN PARK PLACE
4351 Leclaire Street
Memphis, Tennessee 38109
(901) 789-2221
Austin Park Place replaced
the former dilapidated public
housing community known as
Horn Lake Heights and
consists of 71 multi-family
units in a gated community
with a leasing office.
HAROLD E. FORD, SR. VILLAS
549 Deerskin Drive
Memphis, Tennessee 38109
(901) 785-4870
Harold E. Ford, Sr. Villas is a
multi-family
community
consisting of 36 duplex
buildings, for a total of 72
dwelling units, plus a
separate leasing office.
MLB
COMPLETE
Austin Park Place
(Formerly Horn Lake Heights)
Crockett Place (Formerly Hawkins Mill)
Harold E. Ford Sr. Villas
(Former Ford Road)
Lakeview Landing
(Acquisition of existing units)
Levi Landing
(Acquisition of existing units)
Lyon’s Ridge
Parkway Commons
(Acquisition)
Richmond Place Apartment
(Acquisition)
The Village at Cypresswood
(Formerly Cypresswood)
SUBTOTAL
IN-PROGRESS
Fairway Manor
CROCKETT PARK PLACE
2645 Davey Drive
Memphis, Tennessee 38127
(901) 357-6206
On-site property manager, well
lit grounds, large spacious
bedrooms, ample parking, gated
community,
recreational/playground
for
children, on-site Laundromat,
refrigerator/stove,
central
heat/air, windows adorned with
mini-blinds, spacious kitchens
and
on-site
property
maintenance.
HOPE VI
$380,000-Demolition
$486,000-Demolition
$369,000-Demolition
PUBLIC
LYONS RIDGE APARTMENTS
1633 Pennsylvania Street
Memphis, Tennessee 38109
(901) 948-5165
Lyons Ridge Apartments is a
dedicated 100% elderly
community consisting of
102 apartment units housed
in a single three-story
building.
PRIVATE
$5,889,000
$5,554,000
$11,823,000
$900,000
$5,700,000
$6,600,000
$4,494,000
$7,788,000
$12,282,000
$2,423,000
$2,279,000
$4,702,000
$9,429,000
$8,425,000
$17,854,000
$4,255,000
$2,652,222
$7,971,000
$6,273,000
$12,226,000
$8,925,222
$3,304,543
$7,214,000
$10,518,543
$4,004,000
$10,722,000
$15,095,000
$1,235,000 $37,350,765
$9,952,000
$61,926,000 $100,025,765
TOTAL
$14,034,000
$8,486,250
$8,000,000
$16,486,250
$1,235,000 $55,303,015
Renovations include; first floor common
area improvements were recently
completed, landscaping, replacement of
roof covering, replacement of auxiliary
site lighting, installation of security
cameras in progress, exterior finish
cleaning, sealing and painting, ADA
upgrades, interior finish upgrades,
balcony repairs and new balcony access
doors, rehab.
DR. R. Q. VENSON CENTER
439 Beale Street
Memphis, Tennessee 38103
(901) 544-1215
215 Units. Laundry room on each floor,
sewer drainage repair to remove
obstruction, balcony repairs/new balcony
access doors, rehab work in dwelling
units, modifications for domestic water
system for isolation and common area
equipment upgrades.
JEFFERON SQUARE
741 Adams Avenue
Memphis, Tennessee 38105
(901) 544-1200
Full amenities including; replacement of
roof covering, lighting suppression
system, landscaping, installation of
security cameras in progress, exterior
finish cleaning, sealing and painting, ADA
upgrades, interior finishes upgrades, new
balcony screen doors, rehab work in
dwelling units, common area mechanical
equipment upgrades and modifications
for domestic water system for isolation.
KEFAUVER
7620 Robinson Cove
Arlington, Tennessee 38002
(901) 377-3859
Forty-four units of one story multi-family
housing
including
nineteen
(19)
efficiencies, twenty-three (23) onebedroom
units
and
two(2)
deprogrammed units for an office and a
community room. Amenities include
patio area, on-site laundry room,
updated heating and air systems.
Installation of sidewalks and resurfacing
of parking areas.
LATHAM TERRACE
SENIOR BUILDING
855 South Fourth Street
Memphis, Tennessee 38126
(901) 774-0151
Eighty (80) units, including twelve (12)
two-bedrooms. Full Amenities; stove,
refrigerators, community room, library,
on-site laundry room, large community
kitchen, emergency response system,
emergency backup system, patio seating
area, cable/satellite connection, security
gated community, central heat and
individualized air.
MONTGOMERY PLAZA
1395 Pennsylvania Street
Memphis, Tennessee 38106
(901) 544-1139
100 Units. Various site improvements
estimated at $400k; replacement of
windows and doors planned, drainage
modifications, sidewalk installations,
new dumpster enclosures and housing
pads, new site lighting, reconstruction of
Tumberland Drive, new entrance doors
and energy efficient windows.
$4,082,000
Subtotal
PLANNED
Firestone Manor
Subtotal
TOTAL
BORDA TOWER
21 Neely Street
Memphis, TN 38105
(901) 544-1210
$74,008,000 $130,546,015