100 N. Main developers reach a ‘compromise’ to purchase site for less
100 N. Main developers plan to purchase the 2-acre property from the Downtown Mobility Authority for $4.5 million. (The Daily Memphian file)
The project is now expected to cost $38 million more than original estimates, and the Downtown Mobility Authority may commit additional support to ensure the redevelopment moves forward.
Topics
100 N. Main DMC Downtown Mobility Authority Downtown Memphis CommissionSophia 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.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.