100 N. Main developers apply for 30-year PILOT
The Downtown Memphis Commission’s Downtown Mobility Authority will continue to be the property owner of the tower, left, until the term of the PILOT is completed. After that, the ownership will be transferred to 100 North Main LLC. (The Daily Memphian file)
Renovation of the 792,873-square-foot building will now cost more than $282-million, a 7% increase from the previous budget when presented to the Downtown Mobility Authority in 2022.
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PILOT CCRFC 100 N. MainSophia Surrett
Sophia Surrett is a recent University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers restaurants, residential real estate, and hospitality and tourism.
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