Chattanooga downtown apartment building closer, developer says

Chattanooga downtown apartment building closer, developer says

January 11th, 2012 by Mike Pare in Local - Breaking News

Rendering of Walnut Commons

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The developer of what would be the biggest downtown apartment complex in decades said today the five-story structure is moving nearer to reality.

Work could start in the spring on the 100-unit, $11 million Walnut Commons, said developer John Clark.

He told the Chattanooga Downtown Redevelopment Corp. that the U.S. Department of Housing and Urban Development is near to signing off on a loan package for the project.

The apartments would go up at Walnut and Second streets along with a new child care center.

For full story, see Thursday's Times Free Press.