Project: Forest on Frazier.
Owners: Kevin Boehm and Pete Waddington.
Location: 120 Forest Ave.
Size: 43,000 square feet, three stories.
Contractor: T.G. Edwards.
Architect: Health Facility Partners.
Cost for project: $4 million.
Scope: This North Shore building will hold about 30 high-end, one-, two- and three-bedroom apartments. Each unit will feature hardwood floors and granite countertops. Units will range between 1,100 and 2,000 square feet and have views of the Tennessee River and Walnut Street Bridge.
Rent per unit: $1,200 -$1,800.
Timeline: Pre-leasing units now, open by April 2014.
History: The site previously held Forrest Avenue United Methodist Church, which closed in 2010 because of dwindling membership. In the years since, vagrants occasionally moved into the 85-year-old building, and it rapidly deteriorated. Boehm considered reworking the brick structure instead of demolishing it, but said it was too far gone.
Future: Boehm is considering building additional apartments in other parts of town. He thinks he can fill the city's need for high-quality rental units.
-- Complied by Shelly Bradbury, who may be reached at firstname.lastname@example.org or 423-757-6525.
Shelly Bradbury covers police and crime in Chattanooga and Hamilton County for the Times Free Press. She's been with the paper since 2012, working first as an intern and then as a business reporter. She is from Houghton, New York, and graduated from Huntington University in Huntington, Indiana, with a bachelor’s degree in journalism and minor in management. Before moving to Tennessee, Shelly previously interned with The Goshen News, The Sandusky Register and The Mint ...