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Demolition of Tillman Cove Apartments
First Investments from Community Catalyst Fund Announced with Demolition of Tillman Cove Apartments
Posted on 09/10/2019
MEMPHIS --- Mayor Jim Strickland has announced the first investments that will be made from the Community Catalyst Fund, putting the Memphis 3.0 comprehensive plan into action with the demolition of the Tillman Cove Apartments in Binghampton.

In addition to Tillman Cove, the City has worked with community residents and neighborhood leaders to identify what short-term, catalytic investments could support their anchor neighborhoods. In the Raleigh Town Center and Elvis Presley & Raines anchor neighborhoods will see safety and placemaking upgrades starting by Fall of 2019 that include new and upgraded bus shelters, new crosswalks, public Wi-Fi at the park and community center, and signage to support the identity of the neighborhood.

“For too long our city grew without a plan for that growth, and unfortunately, some areas were left behind,” Mayor Jim Strickland said. “That’s exactly why we created the Community Catalyst Fund. I’m very pleased that Elmington Capital and their partners will be investing their time, energy and capital in to the revitalization of this key area of our community. Binghampton is a growing area of our City and this project will provide much needed affordable housing and contribute to the vibrancy of this neighborhood.”

The City of Memphis, through the Division of Housing and Community Development, acquired the blighted property in 2018. In February 2019, the City included the property in a Request for Qualifications for private development opportunities and in July 2019, announced Elmington Capital Group, in partnership with Binghampton Development Corporation, as the selected developer. The development of the site will be influenced by community input, and will likely include a mix of market-rate and affordable residences as well as retail.

This project will remove a prominent eyesore and provide the Binghampton neighborhood with high quality housing that will serve the neighborhood for years to come.

Tillman Cove was classified in the Binghampton Community Redevelopment Plan as a slum area, inadequate for occupancy, but also as a priority for redevelopment. Rosalyn Willis, president of the Memphis and Shelby County Community Redevelopment Agency, says that “the redevelopment of the Tillman Cove site marks the beginning of a continuous process of providing a social and economic platform for the residents of Binghamton to move forward.”

Demolition is supported through the newly created Memphis Community Catalyst Fund, which is a dedicated fund aimed at improvements around “anchor neighborhoods” identified in the City’s Memphis 3.0 plan. Tillman Cove is the inaugural project for the fund and was identified in the Memphis 3.0 plan as being within a nurture anchor neighborhood. “It is exciting to see the Memphis 3.0 plan put into action in Binghampton. Removing the blighted apartments is truly a catalytic investment that will bring new opportunities like quality affordable housing to the Binghampton community.” John Zeanah, Director, Memphis & Shelby County Division of Planning & Development.

The Memphis 3.0 Comprehensive Plan was adopted as the City’s general plan for physical development by the Memphis & Shelby County Land Use Control Board on February 14, 2019. The plan was adopted by Executive Order of Mayor Jim Strickland on May 14, 2019. To view the full plan or for more information, please visit http://memphis3point0.com.

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