$36 Million Redevelopment of Historic Amtrak Central Station

Bass, Berry & Sims represented Kemmons Wilson Companies, LLC in the closing of a ground lease and financing for the redevelopment of the historic Amtrak Central Station passenger-service terminal in downtown Memphis.

Kemmons Wilson Companies will renovate the existing station building into a 123-room Hilton Curio Hotel, a restaurant and lounge, event and retail space, Amtrak office and terminal and the Memphis Railroad and Trolley Museum for a total development cost of approximately $36 million. The capital stack included owner-equity, bank financing and historic tax credits.

Kemmons Wilson, Inc., through its subsidiaries, operates in the resort timesharing, hospitality, real estate, financial services, aviation, and insurance sectors. The company, led by Spence Lee Wilson, Robert A. Wilson and C. Kemmons Wilson, Jr., is based in Memphis.

Bass, Berry & Sims advised with a team including T. Gaillard Uhlhorn (Picture), V, Brian M. Dobbs and Justin T. Starling

Involved fees earner: Brian Dobbs – Bass Berry & Sims; Justin Starling – Bass Berry & Sims; Gaillard Uhlhorn V – Bass Berry & Sims;

Law Firms: Bass Berry & Sims;

Clients: Kemmons Wilson Companies, LLC ;

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Author: Ambrogio Visconti