A high-profile parking lot in the center of downtown Chattanooga was accepted into the state’s brownfield program, which could help lay the groundwork for the site’s future redevelopment.
The lot at Market Street and M.L. King Boulevard that sits across from the EPB headquarters could become commercial, retail, residential or mixed-use space, though its reuse may be several years away, according to documents and officials.
Sara McGovern, a spokesperson for lot owner Parkway Corp., said in an email that as of now, there are no plans for development on the lot.
The lot, bordered by Market, M.L. King and Broad Street, is about 43,000-square-feet in size with 109 parking spaces, documents show.
