
Tillman Cove
This property was once occupied by a large post-World War 2 era apartment development that fell into disrepair and was abandoned by the former owner in 2016. As part of the Binghampton Neighborhood TIF Implementation Strategy, the community identified the blighted Tillman Cove property as a priority for investment and redevelopment into affordable or mixed-income housing for the area. In partnership with the City of Memphis, the CRA provided additional property and funds for the demolition of the blighted property to support redevelopment. In 2024, Elmington Capital opened the new Tillman Cove which provides new, affordable apartment and townhome options for seniors and families. The Shelby Farms Greenline and Lester Community Center border the complex.
Address: 2998 Tillman Cove
Established: 2024
Neighborhood: Binghampton
Units: 219
Cost: $55 Million (CRA provided $200,000 for demo and legal fees)
Partners: City of Memphis Division of Housing & Community Development, Binghampton Development Corporation, Elmington Capital, Center for Transforming Communities, Development Studio