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Memphis Suburb Bans Future Single-Use Apartment Projects

CoStar Insight: Apartment Developers Can Get Around Stoppage Easily Enough, Though
The 251-unit Residences at Thornwood in Germantown, Tennessee, was completed in 2019. (CoStar)
The 251-unit Residences at Thornwood in Germantown, Tennessee, was completed in 2019. (CoStar)
By Alexander Tkac
CoStar Analytics
February 3, 2020 | 4:53 P.M.

The Germantown, Tennessee, Board of Mayor and Aldermen recently passed an ordinance banning the development of new single-use apartment buildings. This comes after the Board placed a two-year moratorium on similar such projects in early 2018.

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