Sears Crosstown – Memphis, TN

Crosstown Rendering 1

MRC provided an equity like loan for preservation and redevelopment of the historic Sears Crosstown building in Memphis, TN, into a mixed-use redevelopment, featuring a wide range of uses. The Project includes approximately 1,000,000 net rentable square feet and is anticipated to result in the creation of 450 quality jobs and retention of an additional 400 jobs. The development will include a charter high school, health care clinics, commercial and retail space, in addition to affordable housing.