Under Construction: Student apartments going up at Vine Street 324

Under Construction: Student apartments going up at Vine Street 324

August 17th, 2014 by Alex Green in Business Diary

Construction continues on Vine 324, student apartments going up at the former site of Toast and Chad's Records near the UTC campus.

Photo by Dan Henry/Times Free Press.

Photo by Laura McNutt/Times Free Press.

Project: Vine 324 apartment-style student housing.

Location: 324 Vine St., Chattanooga.

Owner: Green Real Estate Group.

Why now: Adam Green, managing director of Green Real Estate, said the need for student housing at the University of Tennessee at Chattanooga sparked interest in the construction. Promixity to campus also tipped the scale in favor of building.

History: Prior to Green's involvement with the property, a dual-purpose building at the corner of Vine and Lindsay streets housed Toast Cafe and Chad's Records.

Investment: $1.9 million.

Contractor: The Strauss Co., Inc.

Architect: Method Architecture, LLC.

Amenities: Apartment-style living, with mostly four-bedroom, two-bath floor plans. Bedrooms have a sink and cabinet. EPB Wi-Fi, furniture and twice monthly maid service is included.

Rent/Lease: $735-$750 a month, utilities included.

Schedule: Completed by November, in time to begin taking spring 2015 students.

Contact: www.vine324.com.

Compiled by staff writer Alex Green, who can be reached at agreen@timesfreepress.com or 423-757-6480.