Park Place converted into luxury condos

Park Place converted into luxury condos

December 25th, 2011 in Realestatenewhomes

Situated in a newly restored area of downtown, within walking distance of UTC, is the historic brick building once known as Park Place School. This building, located at 1000 E. M.L. King Blvd., has been thoughtfully restored and converted into 14 luxury condominiums by architect Thomas Johnson.

Park Place Condominiums features a solar collector system discreetly installed on the roof which heats the new travertine marble floors which Johnson has also installed. Each condo boasts impressive 12-foot ceilings as well as both original and newly added trim matching the original woodwork.

The giant walk-in closets in these units need to be seen to be believed.

The condos feature stainless steel appliances plus a beautiful view of Missionary Ridge from one side and downtown Chattanooga on the other. While the historic nature of the building has been preserved, each condo has been updated to provide for all of the amenities one would expect from luxury downtown condominiums.

Of the 14 condominiums that the building houses, only four remain for sale.

Two of them feature two bedrooms, and the other two have one bedroom each.

The top of this two-story building features a communal patio. The basement has a storage room which has been modified so that each condo owner has his or her own private storage area.

The building offers its residents a sense of security with its secure keypad entry and ability to remotely buzz in guests. It also boasts handicap accessibility, with a ramp leading to a side door and elevators with access to any floor.

Financing for these units is available through First Volunteer Bank, and buyers can take advantage of a $10,000 grant at closing from the Lyndhurst Foundation. Now is a great time to buy in this area of town, as it is undergoing a restorative transformation. Visit www.parkplacechattanooga.com to view pictures, floor plans, and contact information on how to schedule a viewing of these must-see condominiums.