Matt McGauley, left, and his father, Mike, with Fidelity Trust Co., stand near excavators clearing land Monday for a shopping center that will house a Family Dollar along Dayton Boulevard in Red Bank.RED BANK CENTER
Location: Dayton Boulevard and West Ridgewood AvenueSize: 2.2 acresCost: $1.1 million (first phase)Developers: Mike and Matt McGauleyBuilder: Mike Berry Construction Co.Source: Fidelity Trust Co.
Excavators clear land Monday in preparationf for a new shopping center that will house a Family Dollar along Dayton Boulevard in Red Bank.The biggest new shopping center to open in Red Bank in more than five years is being built to accommodate growth stemming outward from Chattanooga’s busy North Shore, according to the developers.
“It’s almost like a growing extension to the North Shore,” said Matt McGauley, vice president of Fidelity Trust Co.
A Family Dollar store will mark the first phase of the work on the center, which is going up on Dayton Boulevard at West Ridgewood Avenue, said McGauley, who’s developing the 2.2-acre parcel with his father, Mike.
The second phase will involve a similar-sized tract, about 1.1 acres, and could hold a restaurant, retail space or offices, the Fidelity vice president said.