The Exchange Building is a restored 1910 landmark at 2nd & Court in Downtown Memphis — 202 apartments across 19 floors, owned and operated by the same people who answer the phone. We hold furnished units back from the nightly market specifically for project crews working Memphis.
Not hotel rooms. Real apartments with full kitchens, in-unit space to spread out, parking arranged a block away, and a leasing office in the lobby. Booked by the week, rolling, with no fixed term — because a job that was supposed to run eight weeks rarely runs eight weeks.
Every item below exists because a project team asked for it and a hotel said no.
Your crew rotates. Ours is one unit on your account for the length of the job — send us the new names and we re-key it. No re-registration, no new deposit, no rate reset, no charge.
Approved accounts are invoiced weekly or monthly against a PO — one line per unit, your job number on the invoice. No per-room card holds, no crew member fronting a deposit on a personal card and waiting on an expense report.
Rolling 28-night cycles. Add units as the crew ramps, release them as trades finish, with 7 days' notice and no termination penalty. You are never holding a 12-month lease on a job that demobilized in March.
Full kitchen, cookware and in-building laundry in every unit. Crews on M&IE per diem keep far more of it than they do eating out nightly — which is usually what makes the whole assignment pencil for the traveler.
Smart-lock entry with codes issued ahead of arrival, and staff on site around the clock. Nobody waits at a front desk for a night-shift check-in or a lost key.
The building has no lot of its own. We set crews up at the Premium Parking garage at 21 S. 2nd St, about a block south — $126 per month per vehicle, or $20 a day at the Court Avenue lot. Send us the plates and we handle it. Oversized trucks and trailers have to be checked first, so ask before you commit a fleet.
Two products, and the difference is how long you commit — not how long you end up staying. Both are per furnished unit and all-in on the room rate: utilities, WiFi, linens and kitchenware included. Tiers are set by units live on your account at once, so the rate improves as the crew ramps rather than only in hindsight. Every weekly tier sits under the $129/night GSA lodging per diem for Shelby County.
| Units on the account | Crew Weekly · per unit | Off rack | Project Residence · per unit / mo | Off rack |
|---|---|---|---|---|
| 1–2 units · rack | $875 | — | $2,400 | — |
| 3–5 units | $795 | 9% | $2,250 | 6% |
| 6–9 units | $735 | 16% | $2,100 | 13% |
| 10+ units | $675 | 23% | $1,950 | 19% |
1BR standard. 2BR at +$300/week or +$550/month; 3BR and 4BR lofts quoted on request — a 4BR loft is normally the cheapest way to house a crew of four, and two crew sharing a 2BR works out around $49 a head per night. Rates exclude Tennessee and Shelby County lodging taxes and the tourism-improvement-district fee, which are pass-through and appear as separate lines on the invoice. A one-time $125 turn fee applies per unit per occupancy, not per name change. Rates are held for 30 days from quote, and for the full committed term once an account is opened.
Two separate things, deliberately kept apart: the discount you get for housing your own people, and the commission you earn for sending someone else's.
Book your own people and you get the volume rate above. No commission is paid on your own bookings; the discount is the benefit, and it is worth more than the commission would be.
7% of net room revenue, for as long as they keep booking through your link. Your subs, your vendors, the trades you share a job trailer with, the firms you hand off to. They get the same crew rate they'd get calling us cold — you get paid because you sent them. Partner terms are confirmed in writing before the first booking.
2nd & Court, in the middle of downtown. Approximate driving distance to the jobs crews are actually working right now.
Company, job site, how many units, roughly how long, and whether the crew works days or nights. Two minutes on the form.
Rate per unit, taxes broken out, direct-bill terms and your tracked partner link — same business day in most cases, and inside four hours during office hours.
Send names and arrival times. Door codes go out ahead of arrival. Add or release units by email for the rest of the job.