Vision Hospitality sets sight on Chattanooga’s Broad Street

2013 rendering of Vision Hospitality Group’s new headquarters in downtown Chattanooga

A Chattanooga-based hotel development company is building a new, four-story mixed-use office building in the heart of downtown.

The first new corporate office space to be developed in downtown Chattanooga in four years, Vision Hospitality Group Inc.’s new corporate headquarters will go up on Broad Street between Fifth and Fourth avenues, across from Jack’s Alley.

“I’ve always had an eye on moving our corporate offices down to Chattanooga downtown,” said Mitch Patel, Vision Hospitality Group’s president and CEO. “Being over at Hamilton Place has been great, but the team is really excited about being a part of the vibrant downtown community.”

Vision Hospitality Group is spending $4.2 million to create the 28,000 square-foot building. The company will use the top two floors for its headquarters, lease the second floor office space to an outside company and lease the ground floor to retail shops or restaurants.