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1. Milestone Close For Hickory Hill’s Marina Cove
- Tuesday, August 31, 2010
The next step in the saga of a vacant Hickory Hill apartment complex could be announced Tuesday evening.
After years of working with the Atlanta-area owners of the Marina Cove Apartments, the city of Memphis in June was finally able to talk Water Gardens LLC of Smyrna, Ga., into selling the complex to a nonprofit community development corporation.
2. After Trading Hands, Marina Cove Now Ready for Redevelopment
- Tuesday, July 20, 2010
5505 Winchester Road
Memphis, TN 38115
Sale Amount: $1.6 Million
Sale Date:July 15, 2010
Buyer:The Power Center Community Development Corp.
Seller:Water Gardens LLC (in dissolution), and Optimal Partners LLC and National Community Development Association Inc. (which constitutes all members of Water Gardens LLC since its dissolution)
3. Power Center CDC Buys Marina Cove
- Monday, July 19, 2010
Weeks after the city of Memphis came to an agreement with Water Gardens LLC to buy the blighted Marina Cove apartment complex on Winchester Road, the property has been bought for $1.6 million.
4. ‘Major Developer’ to Save Blighted Marina Cove
- Friday, June 25, 2010
For years the owners of Marina Cove apartments at 5505 Winchester Road in Hickory Hill have defied city attempts to force a demolition or at least a cleanup of the property.
5. City to Seek Neighborhood Improvement Funding
- Tuesday, July 7, 2009
The city of Memphis is planning to apply for $64 million from the federal government’s second round of Neighborhood Stabilization Program funding.
The U.S. Department of Housing and Urban Development got a little less than $2 billion of the so-called stimulus package Congress passed earlier this year to divvy up among states, local governments and nonprofit groups. Memphis city officials by July 17 will have applied for a chunk of that funding.
6. Marina Cove Owner Ordered to Clean Complex
- Thursday, June 25, 2009
The owner of the Marina Cove apartment complex at 5505 Winchester Road in Hickory Hill has been ordered by Shelby County District Attorney General Bill Gibbons to clean the property and abate the nuisance it is causing.
7. Public Nuisance Declaration Latest Chapter for Marina Cove
- Friday, May 29, 2009
The end could be near for the Marina Cove apartments at 5505 Winchester Road in Hickory Hill now that public nuisance charges have been filed against the complex and police have secured the sprawling property.
8. Officials Try to Force Marina Cove Owner's Hand With Nuisance Charges
- Thursday, May 28, 2009
City and county officials announced Wednesday that they had filed public nuisance charges against the Marina Cove apartment complex at 5505 Winchester Road in Hickory Hill and that the Memphis Police Department’s Organized Crime Unit had secured the 394-unit, 24.16 acre property.
9. Marina Cove Development Deeper in Decline
- Tuesday, March 31, 2009
The sad tale of the Marina Cove apartments at 5505 Winchester Road in Hickory Hill should be nearing its end, but a final chapter for the beleaguered property has yet to be written. And whether a sequel is in the works remains to be seen.
10. Proposed Hotel Part Of County Tax Sale
- Friday, February 8, 2008
For some people in Shelby County, it's no surprise when the tax man comes knocking after unpaid property taxes have begun to mount. Vince Vaghela, whose Mississippi-based development company wants to convert a Downtown Memphis high-rise into a hotel, is not one of those people.