By Grubb Properties' Development Team
Grubb Properties’ first multifamily community in Memphis, Link Apartments℠ Broad Avenue, is expected to open at the end of 2022. This will be one of four Link Apartments℠ communities that are set to open this year. With the pre-leasing date approaching, we wanted to provide a sneak peek at our team’s construction and development progress in Memphis.
In recent months, our team has been busy installing plumbing for bathrooms and kitchens, completing framing, and preparing for roof installation. The final product will feature 370 contemporary studio, one- and two-bedroom units.
Amenities will include a saltwater pool with aqua deck, a poolside patio with gas grills, two Link Ride cycle centers, a 24/7 fitness center with a yoga studio, an outdoor terrace, a cyber lounge, electric vehicle charging stations, and a Luxer One package system with fridge. Amenities for pet lovers include a pet park, pet spa, and pet social events.
The historic neighborhood has more than 50 locally-owned shops, galleries, studios, services, restaurants, and bars – with frequent special events to add to the neighborhood vibe.
Our team recently sponsored one such event, the 2022 Beale Street Music Festival. The event had more than 85,000 people in attendance, making this the biggest Link Apartments℠ event yet, and drove awareness and reach for the property before pre-leasing begins this summer. Our team raffled off a bike from a local partner, Victory Bicycle Studio, which is located across from Link Apartments℠ Broad Avenue.
Like all Link Apartments℠ communities, Link Apartments℠ Broad Avenue is designed to provide affordable essential housing, targeted at residents earning between 60% and 140% of area median income (AMI). The project is part of Grubb Properties’ Fund VI, which combines the company’s value-add office and multifamily development expertise into a single strategy, leveraging experience in shared parking and other strategies to pursue above-market returns.
Stay in touch to learn more about our forthcoming developments and our essential housing strategy.