The Collegedale area, which is undergoing a lot of construction work, is a little busier with the erection of an office building scheduled to open in January.
“In the last couple of years we've had several inquiries regarding office space in that area,” said Chattanooga developer Larry Armour. “Most of the interest has been from the medical community. It seemed as though every time we broke ground on a new project, someone would call and ask if we were going to build an office building.”
Mr. Armour is developing the nearly $2 million office building called Parkway Professional Center, next to Sherwin-Williams Paints on Little Debbie Parkway. His partners are auto dealer Nelson Bowers and orthodontist DeWayne McCamish, operating as ABM Partners LLC.
Mr. Armour also operates as Armour Commercial Real Estate.
The office building joins Mr. Armour’s previous Collegedale-Ooltewah development projects, including Wal-Mart, Captain D’s, Zaxby’s, Verizon Wireless and Cracker Barrel.
Parkway Professional Center is the newest construction project in the Collegedale area. Interstate 75 is being widened and the interchange reworked. Among other projects, Publix Super Markets, Holiday Inn Express and Hampton Inn also are under construction.
Dr. McCamish’s practice, McCamish, Farrar & Cooper, will open a satellite office in the Collegedale building, said one of his partners at the practice, Dr. Jeril “Randy” Cooper. Dr. Marie Farrar is their partner.
The orthodontist practice has bought 4,400 square feet of the 14,250-square-foot building, Mr. Armour said. Four additional office spaces will be available, said Mark Brewington, job superintendent for Pointe General Contractors, the building’s contractor.
McCamish, Farrar & Cooper will keep its main office at 4610 Brainerd Road, Dr. Cooper said, as well as a satellite office at 809 Ridgeway Ave. in Signal Mountain.
“We have a growing number of patients in the Ooltewah area and it will help serve that area so they don’t have to come here to see us,” Dr. Cooper said. “We hope other professionals will move in the new building as well.”
Mr. Armour said several professionals have asked about Parkway Professional Center, but he has not started marketing the property. The building will have a stacked stone and masonry exterior.
“This area’s growth has been at a tremendous pace in recent years,” Mr. Armour said. “Of course with a VW announcement at Enterprise South, the Ooltewah-Collegedale area will continue to outpace the market.”
Mr. Armour said that in the spring he expects to start building a second phase of Parkway Professional Center, which will be about the same size of the building now under construction.