By Abigail Warren, Daily Memphian
Two projects that set the standard for mixed-use development in Germantown are nearing completion.
Monday night the Board of Mayor and Aldermen approved a final plan for TraVure and a development contract for the seventh phase of Thornwood. Both projects were among the first to utilize the suburb’s Smart Growth zoning.
TraVure received approval for the final phase of the project with office, retail and hotel in Germantown’s Western Gateway, between Poplar and Poplar Pike east of Kirby Parkway.
The three-story 56,000-square-foot building will include retail on the ground floor. The second and third floors include 35,500 square feet of office space.
Construction is not expected to start soon, as the suburb still needs to review a development contract. Brown Gill, vice president of Gill Properties, plans to work on leasing the building before applying for a development contract, which could be in late 2023 or early 2024. However, if a large office tenant is secured, he would move forward earlier. Discussions are ongoing with office and retail users.
“It will be wonderful when the final phase is complete because it completes the vision for the whole development where you have retail that supplements hotel and office,” Gill said. “Adding retail helps complete the vision.”