A new wave of housing is washing onto downtown Chattanooga’s trendy North Shore as about $50 million in condominiums, townhomes and apartments are underway or planned.
“It’s North Shore. It’s North Chattanooga,” said developer Roddy Henderson, whose 18-unit, $5 million condo complex on North Market Street won a zoning variance from a city panel last month. “We think it will fit in nicely with everything that’s there.”
In all, nearly 200 new housing units, more than half of those condominiums, are either under construction or may be soon on the North Shore, according to plans.
“There are still developers looking at our city wanting to invest,” said Kim White, who heads the downtown nonprofit redevelopment group River City Co. “We’re seeing there is demand.”
The new investment is startling because it’s not as if the North Shore wasn’t already taking part in the downtown housing surge.