Jimmy White, a local developer working to build a new riverfront district in Chattanooga called The Bend, said he’s confident in the future of the 7-year-old project as the city asks for updates it said were overdue.
The former GE Power site west of downtown has attracted $1 billion in potential investments with projects that will be announced this year, White said, adding that several of the developments are subject to nondisclosure agreements.
The 28-block development plan includes 1,700 residential units, 1.1 million square feet of office space, 1.2 million square feet of retail, 600 hotel rooms, entertainment venues and a 300-slip marina, according to White’s real estate company, Urban Story Ventures.
“The Bend is in better shape than it’s ever been,” White said in an interview Tuesday. “We have more projects in the pipeline.”
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