The former 3 Alarm Studio could be remembered as more than a footnote in the career of legendary record producer, the late Chips Moman.

It’s slated to become the next home of a charity that’s harnessing the power of music to transform young lives.

The Memphis Music Initiative, a nonprofit music education group, has leased former Memphis Fire Station No. 3 and expects to move in early next year, executive director Darren Isom said.

Standing at the intersection of civil rights (Dr. Martin Luther King Jr. Avenue) and Memphis music (B.B. King Boulevard), “It couldn’t be in a more perfect place, just a couple blocks from Beale Street and Clayborn Temple,” Isom said. The church was a rallying point for key civil rights marches.

The initiative, housed temporarily at Crosstown Concourse, signed a lease for 10,000 square feet in the historic building, said Darrell Cobbins of Universal Commercial Real Estate, who helped the tenant scour the city for the right location.