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Case Study: Lawrence Avenue
Full Abatement
Built circa 1912, this property at Lawrence Avenue sits on a quiet, dead end street in the Evergreen District in Memphis. The district was nominated to the National Register of Historic Places in 1984 due to “its important collection of architectural styles from 1890 to 1930, its significance in the general residential development of Memphis, and its association with locally prominent citizens during the early twentieth century."
By the early twenty-first century however, the property on Lawrence Avenue had fallen into a severe state of disrepair after being abandoned. In 2019, the City of Memphis began a suit under the Neighborhood Protection Act, which allows nuisance properties to be brought under receivership. On September 16, 2021 Tennessee Receivership Group (TRG) was appointed receiver of the property, and the hard work of restoration could begin.
All told, TRG made over $171,000 worth of improvements to the property, without a single dime funded by taxpayers.
The list of work was extensive. TRG and its subcontractors replaced the roof, repainted the house inside and out, did significant electrical work, installed a new furnace and HVAC system, renovated the kitchen and bathroom, and a host of other improvements to the property. All told, TRG made over $171,000 worth of improvements to the property, without a single dime funded by taxpayers. and on April 18, 2022 “the Court determined that the public nuisance previously located at the Property was abated and that the Property was in a safe and habitable condition.” On December 15, 2022, a mere 15 months after taking receivership of the property, the receivership was terminated and the property was sold in July of 2022.
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