This is going to provide for additional demands on the parking in the direct vicinity and should continue to liven up the area around the revitalized Miller Park:
CBL Retail article on how they’ve adapted over the years
In case you missed this one over the weekend:
https://www.timesfreepress.com/news/business/diary/story/2018/aug/19/chattanoogas-cbl-pro/477314/
Ken Hayes thoughts on the Innovation District progress – WDEF
TFP Article on downtown housing growth
607 N Market St Remodel and reposition – High End Preschool
According to the leasing agent the first floor will be a “high end preschool” charging $20,000 – $25,000 per year per child.
Asking lease rates are $25NNN.
Contact Wendy Elliott at Stonecrest for all the details.
607 N MARKET ST RETAIL SCHOOL 040218 REUSE REZONING SITE PLAN
Website for the New Apartments behind the Choo Choo – Bluebird Row
Keeping up with Urban Story Ventures
Details on a couple of their projects from Nooga.com:
NAR Economist Forecast for Chattanooga
“…Yun said commercial real estate sales could decline in the next year until market prices adjust to rising interest rates.”
$200,000 per unit sale price for downtown apartments
Not sure if this sets a new high watermark for apartments but it’s indicative of where the market is going in a hurry.
The new Rise Partners
It will be interesting to see what this group gets up to: