MEMPHIS, Tenn. – The first phase of the TraVure development is up and running.
We took a tour through the facility. Developer Ray Gill told FOX13 the entire project will cost around $120 million.
“I think the most compelling difference is the site plan,” Gill said. “It’s very urban.”
The development sits on the Germantown line close to East Memphis. Gill said the building is 10 ft. away from Poplar Avenue.
“It’s very walkable, and not very car centric,” he said.
Mid-America Apartments take up the third through fifth floors, and there’s 60,000 sq. ft. for other tenants.
The other two phases will bring a hotel and retail space to the space.
Gill told us he hopes the hotel will help the business’s guests.
“They might come from out of town,” Gill said. “They might spend a day or two and not have to rent a car.”
The hotel, or second phase, of the development is expected to open in July of 2019. The third phase should be complete by fall of 2019.