Audio clip
Mike Fullam
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Staff Photo by Dan Henry
Jill Kisling speaks on the phone about the new luxury condos available at The Terrace located at the intersection of Fraizer Ave. and Tremont St. in North Chattanooga.
DEVELOPMENT PROFILE
* Name: The Terrace at Frazier
* Location: 345 Frazier Ave., across from Coolidge Park
* Description: 10 residential condos, residential penthouse floor, two floors of commercial-retail
* Residential prices: $359,000 to $654,000
* Commercial prices: $21 per square foot, plus triple net: common area maintenance, taxes and insurance; the price is for the shell, plus lighting and heating and air
* Developer: Jimmy Hudson, Grubb & Ellis/Hudson
* Residential listing agent: Jill Kisling, Keller Williams, 559-3359 or jill@jillshomesonline.com
* Commercial listing agent: Mike Fullam, Grubb & Ellis, 605-0713 or mike.fullam@grubb-ellis.com
* Web site: theterraceatfrazier.com
* Open house: Every Sunday 2-4 p.m.
PROPERTY FEATURES
* Size: Condos are 1,100 square feet to 1,655 square feet; penthouse spaces are available from 1,000 to 12,000 square feet
* Views: North Shore, Tennessee River and downtown
* Amenities: Crown molding; base molding; hardwood floors; fixtures by Restoration Hardware; cosmopolitan design and colors; customizable interiors and floor plans; storage unit at no charge.
* Parking: Each residential unit has two parking spots in a private, secured area. Each retail user gets three secured parking spaces per 1,000 square feet of commercial space. Residents and businesses have the use of CARTA’s public North Shore garage, which is connected to The Terrace by a covered walkway.
* Other: The building is the only North Shore stop for the electric shuttle, Ms. Kisling said, providing access to downtown and the Southside. And, Coolidge Park is across the street.
* Commercial space: There are 14,000 square feet available for retail lease on the first floor, Mr. Fullam said. Regions Bank will open in late April with two drive-through bays. The second floor has 15,500 square feet available for Class A office condo for lease or for sale. Between 1,200 square feet and 15,000 square feet is available. The space is ideal for attorneys, doctors, lawyers or other professionals, Mr. Fullam said.
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