We are excited to see the results of our efforts on a deal near the University of Memphis. The following is an excerpt from the article posted Saturday, March 4, 2006.
"Dallas-based Trammell Crow is poised to launch a 12-story, $20 million apartment tower in the University of Memphis area.
The project, being developed by Trammell Crow's Higher Education Services division, will be located at the corner of Highland and Mynders.
"I like the location and I like that it's really close to campus," said Chris Harness, Trammel Crow senior vice president and head of the Higher Education Services division. "There hasn't been anything new built off-campus in a long time."
The one-acre site will have a total of 173 units with a bed count of 339. Regulators have not yet approved construction plans.
The tower, which is slated to have a masonry and stucco exterior, would have a structured parking garage with 340 spaces and about 7,000 square feet of retail space on Highland."
Editorial Note:
We represented the sellers of all five buildings for this re-development project.
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2 comments:
Good! colleges are usually sorely lacking parking spaces... maybe now people will get to class on time.. LOL doubt it.
Yeah, Valerie, I can never find parking... These developers should have a chat with my college.
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