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VOL. 132 | NO. 148 | Thursday, July 27, 2017

Developer Pursues New Cooper-Young Apartment Complex

By Patrick Lantrip

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A Los Angeles-based developer has submitted plans to construct a 25-unit apartment complex in the heart of Cooper-Young.

Focal Point Investment wants to develop a two-building apartment complex with 25 studio apartments on the 0.4-acre vacant lot located across the street from First Congregational Church at 999 S. Cooper St., according to an application submitted to the Shelby County Board of Adjustment.

“The proposed development fits in nicely with the current policies and plans of the City and County because it is an infill in a walkable and vibrant neighborhood,” Dedrick Brittenum, a legal representative of Focal Point, wrote in a letter of intent. “Both Mayors are on record for encouraging more residential development in the Memphis urban core which would appeal to the new-age millennial workers seeking to use modern skill in the pursuit of a rewarding and stable lifestyle.”

Focal Point wants to build a three-story structure fronting Cooper Street with a four-story structure running east and west behind the first building. The complex would offer parking for 21 cars and 25 bicycles.

“The development will be of contemporary design to blend in with the existing walkable neighborhood with appeal to one-car or no-car demographics,” Brittenum wrote.

Focal Point tapped project consultant Scott Bojko and architect Chris Haley of Looney Ricks Kiss to handle the design work.

“The architecture firm selected for this development is well experienced with designing residential infills that blend with the surrounding area,” Brittenum wrote. “The subject site is properly zoned for this type of live/work apartment community and is in the heart of the commercial district of Cooper Young Square.”

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 51 328 20,960
MORTGAGES 58 387 24,132
FORECLOSURE NOTICES 6 54 3,101
BUILDING PERMITS 170 842 43,435
BANKRUPTCIES 50 288 13,468
BUSINESS LICENSES 34 90 6,712
UTILITY CONNECTIONS 16 110 7,899
MARRIAGE LICENSES 32 91 4,734