CONTRACTAPPROVED

Housing Authority of the city of Memphis Awards $26,000,000 Development Contract to Pennrose LLC (February 2022)

Housing Authority of the city of Memphis

Disclosed value: $26,000,000; From agenda
Approved: Feb 24, 2022

What it covers

Memphis Housing Authority partners with Pennrose, LLC for $26 million senior housing project. The project aims to develop up to 100 units for seniors on a 3.82-acre site.

Who holds it

Pennrose LLC holds this development contract with Housing Authority of the city of Memphis. Its other public contracts on record include work for City of Torrington.

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Contract details

Contract type: Development
Amount: $26,000,000
Document date: February 24, 2022
Term: NA
Vendor: Pennrose LLC
Agency: Housing Authority of the city of Memphis
Source document: housing-authority-of-the-city-of-memphis-agenda-2022-02-24_5dd.pdf (Agenda)

Pennrose LLC's other public contracts

City of Torrington, ConnecticutTorrington Plans Purchase Option With Pennrose · Oct 19, 2026Undisclosed City of Torrington, ConnecticutTorrington Plans Riverfront Negotiations With Pennrose · Oct 19, 2026Undisclosed City of Torrington, ConnecticutTorrington Previously Approved Pennrose Redevelopment Partnership · Oct 19, 2026Undisclosed City of Torrington, ConnecticutTorrington Tables Pennrose Riverfront Property Negotiations · Oct 5, 2026Undisclosed City of Torrington, ConnecticutTorrington Plans Property Sale Negotiations With Pennrose · Sep 21, 2026Undisclosed All Pennrose LLC contractsVendor profile

More Housing Authority of the city of Memphis contracts

Michael McgheeLand sale to Michael McGhee ratified for $40,000 · Jun 26, 2025$40K Gibraltar Construction Company IncGibraltar Construction wins $1.26M renovation contract · Apr 14, 2025$1.3M Smith Seckman Reid IncSSR wins $353K contract for housing renovation · Apr 14, 2025$353.9K John StanleyMHA approves vouchers for John Stanley's Melrose Project. · Mar 27, 2025Undisclosed Urban RenaissanceMHA authorizes ground lease for Urban Renaissance Partners. · Mar 27, 2025Undisclosed All Housing Authority of the city of Memphis activityAgency profile

Questions about this contract

Who was awarded the development contract by Housing Authority of the city of Memphis?

Pennrose LLC was awarded this development contract by Housing Authority of the city of Memphis, as recorded on February 24, 2022. The contract value is $26,000,000.

How much is the Pennrose LLC contract with Housing Authority of the city of Memphis worth?

The Pennrose LLC contract with Housing Authority of the city of Memphis is valued at $26,000,000, covering development work.

What type of contract is this?

This is a Development contract, documented as a agenda record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-memphis-agenda-2022-02-24_5dd.pdf (Agenda), dated February 24, 2022 from Housing Authority of the city of Memphis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pennrose LLC hold?

Pennrose LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Housing Authority of the city of Memphis currently buying?

Explore Housing Authority of the city of Memphis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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