Peabody-Vance Neighborhood

University Place

University Place logo
University Place is a 473-unit mixed-income housing development in south central Memphis, situated on the site of the former Lamar Terrace public housing project. In June 2004, Memphis Housing Authority was awarded $22.5 million in federal HOPE VI funding for the project. The University Place development leverages more than $50 million from other sources of financing.

University Place includes a senior housing facility, multi-family apartments with one, two or three bedrooms and a number of homes for sale, all first-class and state-of-the-art in design, construction and amenities. Most buildings in the development are registered with the LEED (Leadership in Energy and Environment Design) Home Program and will be certified soon. The entire development is registered in the LEED for Neighborhood Development Pilot Program, and will be certified in late spring or early summer 2008. Developed by the U.S. Green Building Council, the LEED system provides standards for environmentally sustainable construction.