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Thursday, October 29, 2026Oct 29

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Parking problem at proposed downtown Chattanooga apartments challenges developers

ABOUT THE BUILDINGThe Chattanooga Bank Building is listed on the National Register of Historic Places. Built in 1927, it was designed by architect R.H. Hunt, who also designed Chattanooga City Hall and the Hamilton County Courthouse. It originally housed the First National Bank and the Chattanooga Savings Bank & Trust. The last tenants left almost two years ago.

A proposed downtown Chattanooga apartment complex faces problems as developers try to find tenant parking.

Kevin Boehm, broker for the Raines Group, said Wednesday that no parking has been designated yet for an 11-story, 74-unit apartment complex to be located within the old Chattanooga Bank Building at Eighth and Market streets.

“There’s parking; you have to figure out how to access it,” he said. “That’s our challenge.”

Boehm is handling the property acquisition for Ray Moss Development Inc., which plans to spend $7 million to renovate the historic building.