With the Olympics going on I decided to find out the winners in the LONGEST PILOT CONTRACTS CONTEST. I went to the latest County Trustee’s Annual Report and listed the longest lasting tax abatement contracts. Here is what I found.
Owner Location Length of Contract
Court Square Partnership 128-130 N. Court 40 years
Cotton Ex Bldg 65 Union 40 years
123 S Court LLC 855 Ridge Lake Blvd 40 years
Winchester Bldg LLC 179 Madison Ave 40 years
Main Monroe Partners LP 110 Monroe 40 years
Sanderlin Place 80 Monroe-20 S Front 40 years
Three Sisters Ltd 81 S Front 76-88 Union 40 years
Wesley at Millington Inc 7917 Cole 40 years
Peabody Place-Gold LP 123-135-137 S Main 40 years
Peabody Place-Hav lp 151 S Main 40 years
Hotel Peabody LTD 149 Union & 122 Second 40 years
Peabody Pl Htl Hampton Inn 0 Third 40 years
Knickerbocker Properties 0 Mud Island 40 years
These all get a gold medal. There are many others from 20 and 30 Plus years. Check it out for yourself. Most of these are downtown properties.
Finishing dead last, as usual, is the shrinking, depleted and aging team, MemphisTaxpayers.