A plan to create a conservation-themed neighborhood on the site of the former Scholze family estate off Old Wauhatchie Pike can go forward now that the property has become part of Chattanooga.
The Chattanooga City Council voted last week to accept 43 acres of scenic and historic property owned by the Lookout Mountain Conservancy, which wanted city services for the 24 homes it plans to build on 3.5 acres of the old Scholze home place.
The conservancy will use profits from selling the homes to finance conservation projects on the entire 50-acre property, including new connections between the Tennessee Riverwalk and the Guild Hardy Trail; a bouldering field, and a pavilion and amphitheatre that could host events.
“Our idea is to attract people who want to live in a recreational community,” said conservancy executive director Robyn Carlton.
The property is in City Councilman Erskine Oglesby’s 7th District, and he said he’s excited about the project’s potential.