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Lookouts stadium developer says surrounding investment will come

Staff Photo by Robin Rudd / Jim Irwin, president of New City Properties, speaks June 12, 2025, about the progress of the new stadium during a meeting of the Chattanooga-Hamilton County Sports Authority in Chattanooga.
Staff Photo by Robin Rudd / Jim Irwin, president of New City Properties, speaks June 12, 2025, about the progress of the new stadium during a meeting of the Chattanooga-Hamilton County Sports Authority in Chattanooga. Staff Photo by Robin Rudd / Jim Irwin, president of New City Properties, speaks June 12, 2025, about the progress of the new stadium during a meeting of the Chattanooga-Hamilton County Sports Authority in Chattanooga.

Though no developments around the new Chattanooga Lookouts stadium are rising yet, the site’s master developer visited the Chattanooga-Hamilton County Sports Authority Board to express confidence in future investment.

“Even though we haven’t talked in a minute, I’m here, and we’re working hard and incredibly excited about the progress we’re making,” Jim Irwin, president of Atlanta-based New City Properties, told the board Thursday. “Everything’s right on track.”

Erlanger Park, the $115 million stadium under construction at the former U.S. Pipe/Wheland Foundry site in the South Broad district, is on schedule for completion by the Lookouts’ 2026 season.

Chattanooga-based EMJ Construction, the general contractor for the stadium, has spent around $33 million on the project as of June, according to data the city presented at the meeting.

Lookouts stadium developer says surrounding investment will come

Irwin and officials from the team and city estimate the stadium will be a catalyst for $1 billion or more of private development in the area.