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VOL. 115 | NO. 210 | Monday, December 10, 2001

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Downtown rezoning approved, moving forward subdivision Downtown rezoning approved, moves subdivision forward By SUE PEASE The Daily News The Memphis City Council approved four rezoning ordinance requests Tuesday, which will allow the start of construction on 20 homes in the Downtown area. The approved request changes zoning on four parcels of land ranging in size from .126 acres to .467 acres on Pontotoc Avenue near Danny Thomas Boulevard, from light industrial (I-L) to single-family residential (R-S6). Linden Neighborhood Collaborative Inc. plans to build 20 single-family homes geared to low- to moderate-income families on the property along with others parcels it received from the city. Ten lots were donated to Linden Neighborhood Collaborative and four were rezoned during the council meeting, said Chiquita Brown, Linden Neighborhood Collaborative housing director. The subdivision, named Pontotoc Place, has been in the works for some time, waiting for the lengthy process of rezoning to be complete. "We have five (homes) we had done a couple of years ago, and we havent been able to do anymore until this zoning was changed," Brown said. The nearly 1,200-square-foot homes will have three bedrooms and two baths. Homes sold in the first phase will sell for around $67,750, Brown said. Home prices will not exceed $70,000 for homes in subsequent phases. The rezoning was a welcome change, since the neighborhood had been shifting to residential use for some time, Brown said. "Its been turning residential for the last 40 years. There has not been any industry over there," Brown said. According to the Memphis and Shelby County Office of Planning Development, the surrounding area will be studied and may be changed to residential rezoning as a result of this propertys rezoning case. "As a result of this, the Office of Planning and Development is going to do a comprehensive rezoning of the area, because most of the area is zoned light industrial. That was where all the jobs were located. Over time, it transitioned to a more residential neighborhood," said Carlos McCloud, OPD senior planner. This community development project has received about $305,000 in funds from the U.S. Department of Housing and Urban Development and HOME funds, Brown said. A unique detail of the project is each home comes with a computer including one year of computer services for families who purchase there. "We are also giving a computer and free computer services to our buyers, because we want them to be in the 21st century," Brown said. The collaborative initiated the redevelopment project because of the great need in the Downtown neighborhood. "The need is there. Our neighborhood is the poorest in the nation 38126 so the need is strong. With whats going on Downtown, we are trying to enhance Downtown and get rid of some of the bad houses and the blight and also build the community. Its a community development venture as well as producing housing," Brown said.
PROPERTY SALES 74 74 17,458
MORTGAGES 93 93 20,128
BUILDING PERMITS 126 126 36,072
BANKRUPTCIES 63 63 11,227