How much life will Broad apartments add to street? Stay tuned

By , Daily Memphian Updated: October 02, 2018 3:57 PM CT | Published: October 02, 2018 8:11 AM CT
<strong>Dena Fahrner and Louise Frost enjoyed a nice stroll down Broad Avenue despite the rainy conditions Wednesday Sept. 26 while the street&rsquo;s iconic water tower looms in the reflection of 20twelve&rsquo;s window. Underneath the water tower a new $51 million multi-use development is currently in the works that would transform the makeup of the street.</strong> (Patrick Lantrip/Daily Memphian)

Dena Fahrner and Louise Frost enjoyed a nice stroll down Broad Avenue despite the rainy conditions Wednesday Sept. 26 while the street’s iconic water tower looms in the reflection of 20twelve’s window. Underneath the water tower a new $51 million multi-use development is currently in the works that would transform the makeup of the street. (Patrick Lantrip/Daily Memphian)

Construction should start the first half of next year on the $51 million apartment-and-retail development fronting Broad Avenue, the developer said this month.

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Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.


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