$4.5M redevelopment coming to blighted Park Avenue office building
Adam Underwood goes over a site map for the renovation of a vacant office building at 3637 Park during an interview on Oct. 2, 2019, but Underwood and his fellow investors are hoping to do more than just build apartments. They hope to inject much needed capitol into an economically distressed section of town. (Jim Weber/Daily Memphian)
The University Park Flats project will convert a vacant, blighted office building in an economically distressed stretch of Park Avenue into apartments and a coffee shop.
Topics
Apartments Commercial Real Estate Highland Strip Mixed-use Development University of MemphisWe’re in the final countdown of 2025. ⌛🪩🎉
Will you make a donation before the ball drops on New Year’s Eve to fuel trustworthy reporting in the new year?
➡️ Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization.
We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now!
Tom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
Comments
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.