Vic on Union gets 12-year PILOT for its $46.6 million apartments, pool, lazy river

The Medical District is getting a lazy river and a new apartment complex.

On Tuesday, Oct. 11, the Center City Revenue Finance Corp. also approved a 12-year PILOT for the Vic on Union development in the Medical District. Center City Revenue Finance is an affiliate board of the Downtown Memphis Commission (DMC).

Texas-based Hunington Properties Inc. plans to build a 136,326-square-foot, 286-unit apartment complex at 785 Union Ave. The building, which was previously an Office Depot, will be demolished to make way for the new five-story Vic on Union.

“It is in the heart of the Medical District,” DMC urban planner Abe Leuders said. “This is a significant investment in Union Avenue.”

Leuders said the project will help add walkability and provide a gateway for both the Medical District and nearby Edge neighborhood.

The apartment complex will include a 327-vehicle parking garage and 10,000 square feet of amenity space, including a game room and podcast studio. Huntington Properties also plans to build an outdoor courtyard, bus transit area and a swimming pool with a lazy river for tenants.

Read More

You Might Also Be Interested In…


Take the Ultimate Memphis Food Tour!

Memphis isn’t just famous for its soulful music–it’s safe to say we have some of the best food in the […]


Free Things to Do in Memphis!

Memphis, Tennessee, is a city renowned for its rich musical heritage, mouthwatering barbecue, and vibrant cultural scene. But did you […]


Your Guide to Memphis Sports!

Ladies and gentlemen, it’s time to break out the face paint, secure your tickets, find your seats, and make some […]