A $150 million plan by the Chattanooga Red Wolves owner for hotels, apartments, condos, offices and other work around the team’s new East Ridge soccer stadium is close to gaining a key state permit.
Utah developer Bob Martino, who opened the Red Wolves facility last year, could secure a wetlands permit as early as next month for the 100-acre site around the stadium at Interstate 75 and Interstate 24, according to a state official.
That would open the way for Martino and his Star Community Builders to move ahead on the project that includes two 188-room hotels, a 40,000-square-foot convention center, 400 apartments and condos, and restaurant, retail and office space.
Also included is a four-level, 1,200-space parking deck, police substation, a network of green spaces such as a “great lawn,” a lake, pocket parks, greenways, and transportation and utility infrastructure, plans show.
Jeff Sikes of ASA Engineering, working with Martino on the permit, said in a Tennessee Department of Environment and Conservation hearing last week that the $150 million project would create 1,200 permanent and construction jobs.