Volume 2, 2003PAGE 8

Belz-Turley Project Revives North Downtown Memphis

Joining a select group of major cities around the country that are revitalizing their historic neighborhoods, Memphis' latest downtown development, the Uptown Memphis Revitalization project, is set to reinvigorate the historic north end of downtown. The project will bring more than 1,400 new homes and apartments to downtown, giving another boost to the growing residential community.

The master developer for the Uptown Memphis Revitalization project is The Uptown Partnership, a Belz-Turley Community Development Company. Having collaborated on many downtown revitalization projects, the Partnership is now turning its attention and expertise to the Uptown community, which will include a diverse range of housing options.

Uptown Square, formerly Lauderdale Courts, is an apartment community offering 347 apartments with 30 different floor plans and a unique oasis of gardens and courtyards. The first phase is scheduled for completion in November, with final phases scheduled to be completed by April 2004.

A few blocks away is Greenlaw Place, an entirely new development of 88 townhouses and apartments with six different floor plans. Greenlaw Place, located across the street from a local community center and neighborhood park, is a quiet retreat within blocks of downtown.

A demonstration block featuring the first of several hundred new single-family homes is scheduled to begin construction later this year and will be the initial step in the Uptown Partnership neighborhood homes project. Construction of all planned homes is expected to be completed in 2006. The former Hurt Village site will also be developed into single-family homes, zero-lot townhouses and apartments.

In addition, a neighborhood repair and beautification program is underway that will include new street lights, sidewalks, alleys, and green space throughout Uptown.

The Uptown development marks yet another milestone in the revitalization of residential downtown.