Penrose Properties Authorized for Second Legends Park Senior Facility
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Description
The Memphis Housing Authority Board approved amending the disposition application to HUD, allowing development partner Penrose Properties to proceed with Edgeview at Legends Park Phase II, a new 60-unit senior housing project on 1.09 acres.
Contract Details
Vendor
PENROSE PROPERTIES
Agency
Memphis Housing Authority, TN
Contract Type
DEVELOPMENT
Document Date
February 26, 2026
Renewal Info
Disposition involves a long-term ground lease; no contract renewal or extension terms provided.
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