Chattanooga is appealing to us. It's the overall quality of life. It's the economic fundamentals.
Downtown Chattanooga’s riverfront area is poised to hold one of its biggest-ever apartment and commercial projects as a developer plans to build on a pair of Unum Group parking lots.
Some 151 apartments and a dozen townhouses, along with 16,000 square feet of office and retail space, are to go up on the lots, said Alan McMahon, development manager of The Beach Company of Charleston, South Carolina.
DOWNTOWN APARTMENTS
Among projects under construction or recently announced:› Bluebird Row (behind Choo Choo): 283 units› Cameron Harbor: 200 units› 328 Cherokee Blvd.: 185 units› 2108 Chestnut St.: 174 units› Fourth and Cherry streets: 163 apartments/townhouses› Broad and W. 17th streets: 139 units› McCallie and Central avenues: 138 units› 538 Cherokee Blvd.: 71 units› 203 E. Main St.: 33 units› M.L. King Boulevard and Douglas Street: 31 units
“People want to live in the downtown area where they can walk to things like restaurants, stores and outdoor spaces,” he said. “There’s really a demand for that lifestyle that transcends generations.”