Development partners reunite on Midtown project

Spot news story for The Memphis Daily News

July 13, 2010

Community Capital and Architecture Inc. have teamed up again, this time to build Community Capital’s new headquarters at 1708 Monroe Ave. between South Belvedere Boulevard and South Evergreen Street.

Located just behind Outdoors Inc. and half a block from Idlewild Presbyterian Church, the area is zoned commercial, although the new office space of Community Capital is designed to look like homes in the area and will keep the integrity and feel of the Midtown neighborhood.

“It’s primarily commercial use in there, but many of the buildings are converted residential structures, so in talking to OPD (the city-county Office of Planning and Development), they felt that going into that area with an office-type building would be inappropriate and they asked us to design a building that would be more residential in appearance, so that’s what we did,” said David Schuermann, lead architect on the project and co-owner of Architecture Inc.

Community Capital, whose president is Archie Willis III, is a boutique firm offering real estate financing, development prospectus packages, financial and affordable housing advising to municipalities and private companies alike. The firm also develops real estate … (read more)