Townhouse Management Company Proposes to Build 500 Room Convention Center Hotel Complex in Downtown Memphis
Loews Corporation (L)
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Source: PR Web
MEMPHIS, Tenn. (PRWEB) April 08, 2019 Contact:Gail Horowitzghorowitz@zlokower.comWork: 212-863-4116Townhouse Management Company (THM) has proposed plans to the City of Memphis to develop a new 500+ room convention center hotel complex at an estimated cost of $230-million. The Downtown Memphis complex will also include a 1,100 car garage, pool and a variety of multi-use spaces at THM's contiguous, two-acre development site which contains the 100 North Main (NM) building.Since acquiring the property in 2018, THM has proposed plans to re-skin and slim down the building to reduce the 100 NM building footprint from 86 feet x 182 feet to 63 feet X182 feet, thereby resulting in a more efficient hotel floor plan. In addition, THM will build a new eight story annex to 100 NM on the contiguous development site, which goes from North Main to Second Street between Adams and Jefferson Avenues and is known collectively with 100 NM as 80-100 NM. The new structure will combine the base of 100 NM an
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