Developers are set to break ground in November on an apartment building overlooking Erlanger Park and a nearby parking garage, the $100 million first phase of private development at the Foundries District.
Plans call for 287 apartments in a six-story building and 550 spaces in a five-story parking garage, said Jim Irwin, president of Atlanta-based New City Properties and the master developer of the district.
The apartments are designed to be integrated into the Chattanooga Lookouts baseball stadium, even partially hanging over the concourse.
“This is really what we imagined when we first conceived of the details and the orientation of the ballpark,” Irwin said in a phone interview. “The building literally will be cantilevered over the outfield concourse.”
New City Properties and Perimeter Properties, the owner of the former U.S. Pipe and Wheland foundries land around the stadium, plan to host a groundbreaking ceremony at the Southside site at 10:30 a.m. on Nov. 13.