One of the biggest new condominium projects yet on Chattanooga’s redeveloping East Main Street corridor is planned for a 100-year-old former mattress factory.
The proposed Factory Lofts will go at South Holtzclaw Avenue and East 13th Street and hold 56 condos in an $8 million reuse of the two-story brick building, said Cardon Smith, a vice president for the Fletcher Bright Co.
“There’s a ton going on” in that area, said Smith, listing projects which are underway in the rapidly changing part of the city just east of downtown.
He said the location is where Highland Park and downtown’s Southside converge, and it’s on a proposed seven-mile-long urban trail that would link 10 neighborhoods and potentially rival the city’s Riverwalk.
Smith said the condos, 42 of which will be one-bedroom, one-bath units with lofts, would range in size from 730 square feet to 1,030 square feet. Another 14 units are one-bedroom, two-bath condos with lofts.