Chattanooga Choo Choo terminal building sold

Chicago investment firm on track to add even more life to historic rail station on the Southside

Staff file photo by Robin Rudd / The historic Choo-Choo is seen wrapped in fall color on November 5, 2019.

Pardon me boy, is that the Chattanooga Choo Choo with a new owner?

Maybe not for Track 29, but a Chicago firm has bought the former railroad passenger station on Chattanooga's downtown Southside.

Northpond Partners, an investment firm that specializes in commercial real estate projects in historic and redeveloping parts of U.S. cities, has purchased the Terminal Station that was built by the Southern Railway in 1909 and served as an entryway to Chattanooga for rail passengers for nearly a century. Today, the 45,000-square-foot historic structure is home to such restaurants and bars as The Stir, Nic & Norman's and the Frothy Monkey along with entertainment venues like the Comedy Catch and the Songbird Museum.

Former Chattanooga Mayor Jon Kinsey, who led an investment group that bought the then bankrupt Choo Choo hotel complex in 1989, is keeping the hotel, rail cars, gardens and apartments that occupy most of the 26-acre Choo Choo site.