With the Chattanooga residential real estate market sizzling, homebuilders on Monday won preliminary approval from a planning panel related to the proposed construction of more than 500 units.
GreenTech Homes received the OK for a second phase of the Heritage Walk development in East Brainerd that would spur the building of 120 new single-family homes and 14 townhomes.
Meanwhile, the huge Riverton project by Chattanooga developer John “Thunder” Thornton received a preliminary plat and a variance at the Lupton Drive tract where some 400 residences are proposed.
The Chattanooga-Hamilton County Regional Planning Commission, at a virtual meeting, endorsed a plan by GreenTech to more than double the size of Heritage Walk on the 8100 block of Hitchcock Road to about 227 units.
Chris Anderson, GreenTech’s director of development, said the project is the Chattanooga builder’s most successful ever with about 40 lots of the original 93 under contract.