588 Chelsea
The site is part of the Chelsea Neighborhood Center in the Uptown Community Plan which recommends higher density residential infill along the Chelsea corridor. Existing zoning and the Memphis 3.0 future land use designation of Anchor Neighborhood Mix of Building Types also support a more intense mixed-use development at this site.
The CRA will convey the property to the selected developer subject to the terms of a redevelopment agreement. The property was acquired by the CRA in 2022.
If housing is proposed for the site, the CRA encourages developers to provide quality affordable housing. The CRA prioritizes affordable housing for low-income households whose income does not exceed 80% of the Memphis MSA’s median income based on family size.
RFP Due: March 28, 2025
Q&A
There is no preference for re-use or demolition of the building. This will depend on the type of project and use proposed by the developer/development team.
The Uptown Community Plan recommends higher density residential infill along the Chelsea corridor, and the existing zoning allows for mixed use development and a number of different types of uses on the site. As the RFP states, we are open to projects and uses that meet the following community goals:
- Implement uses that promote the development of vibrant anchors that are gathering places for the community.
- Facilitate development that honors the distinct neighborhood identity and supports a sense of belonging and neighborhood pride.
- Promote and support the development of local entrepreneurs, local businesses, and local small developers.
- Provide high-quality architectural design that reflects the scale and character of the neighborhood.
- Incorporate community engagement to assure the project reflects the community’s vision.