What Does Phase 2 of Water Tower District in Collierville Include?

The Commercial Appeal by Corey Davis

April 7, 2025

More new housing is being planned for a major mixed-use development in Collierville.  A preliminary site plan for 246 multi-family residential units at the Water Tower District at Schilling Farms were approved by a 4-1 vote by the Collierville Planning Commission on Thursday.  Charles Green cast the dissenting vote, while Alderman John Stamps, who serves as the Collierville Board of Mayor and Aldermen liaison on the planning commission, recused himself.  The units will be on 13.13 acres as part of Phase 2 of the Water Tower District at Schilling Farms, which is located on the west side of Schilling Boulevard West and south of Poplar Avenue.

What will be included in phase 2 of the Water Tower District at Schilling Farms?

The 246 apartment units will consist of 132 one-bedroom units, 58 two-bedroom units and 56 three-bedroom units.  Amenities will include a clubhouse, mail room, storage room and bike storage.  In addition, the phase will also include a dog park located at the southwest corner of the lot, a community pool and two lawn areas.  There is not any proposed retail space in Phase 2 unlike Phase 1 of the Water Tower District, according to staff reports.   Additionally, there are 508 parking spaces proposed throughout the development, including surface parking, street parking, detached/attached garages, Americans with Disabilities Act-compliant spaces and electric vehicle parking spaces.

What’s next for Phase 2 of the Water District at Schilling Farms?

Plans for Phase 2 of the Water Tower District at Schilling Farms will go in front of the Design Review Commission on April 10 and then be on the Collierville Board of Aldermen agenda on April 28.

How many residential units will Water Tower District include?

Phases 1 and 2 at the Water Tower District will include a combined 505 residential units.  Phase 1 of the Water Tower District was approved in 2021 by the Collierville Board of Aldermen and is under construction. The first phase consists of 259 residential units and 2,193 square feet of retail space on 14.83 acres.  The two phases will bring the total multifamily units within the Schilling Farms Planned Development to 1,685 units, which is 40 units below the maximum allowable of 1,725 units, according to staff reports.  The Schilling Farms Planned Development was approved by the Collierville Board of Mayor and Aldermen in 1991 with amendments in 1995, 1997, and 2009.