The Lincoln Park Neighborhood Association says it fears "aggressive gentrification" in the face of planned development near Erlanger hospital.
Knoxville developer Belle Investment Co. wants to transform a collection of office and vacant buildings at the corner of East Third Street and Central Avenue into a facility of an estimated 220 residential units and ground-floor parking and commercial space. The building could be as tall as eight stories and is adjacent to the community, according to planning records.
The company says the building is a $45 million to $50 million investment.
On Tuesday, the City Council voted 9-0 to approve a zoning request that will allow the development to take place.