Moon Says Walnut Hill Townhomes Will Eventually Cover Block

Monday, January 28, 2013
New townhomes going up along Fourth Street at the Walnut Hill Townhomes
New townhomes going up along Fourth Street at the Walnut Hill Townhomes

Developer Mike Moon told members of the Chattanooga Redevelopment Corporation on Monday that the Walnut Hill Townhomes will eventually cover all of the block bounded by Walnut and Cherry streets and Third and Second (Aquarium Way) streets. 

That includes a surface parking lot now owned by the city at the corner of Walnut and Aquarium Way, he said.

Meanwhile, the CDRC gave approval for a city parking official to stripe the lot and begin charging $3 per day for parking.

There was discussion of leaving about 20 percent of the 88 spaces for use by hospitality workers at a rate of $15 or $20 per month. There was a question on whether the city can legally give the price break to one group.

That lot is largely used currently by downtown servers and hotel workers.

Another nearby space that provided free parking was lost when work started on a four-story apartment complex at Walnut and Aquarium Way running to Riverfront Parkway.

Mr. Moon said Walnut Hill Townhomes was supposed to have been built out much earlier. He said, "We had a time schedule based on the high point in local real estate development. Then we hit the low point in local real estate development."

Julian Bell of the CDRC said, "I admire you for sticking with it. Someone else might have walked away."

Mr. Moon said units have been built as new ones were sold. Two townhomes along Fourth Street are under construction with one of those sold.

He said only two remain unsold along Cherry Street and one is due to close on Feb. 25.

 

 

 

 


Leeco Steel Property On E. 38th Street Sold For $2,125,000

The Leeco Steel property at 2500 E. 38th St. has been sold for $2,125,000. The sale was to Shades Mountain Properties Llc from Leeco Steel Llc . Leeco continues to operate at the site. Leeco Steel is a division of O'Neal Steel, which dates to 1921. Leeco Steel is described as "a steel service center specializing in carbon, HSLA, alloy, abrasion-resistant, extra-high- ... (click for more)

3 Community Leaders Appointed To Board Of Directors At Habitat For Humanity

Habitat for Humanity of Greater Chattanooga Area announced that business leaders, Tracee D. Smith and Barbara Marter and longtime educator and community leader, Veronica Herrera have been appointed to its board of directors. The appointments were effective  June 25  and will increase the number of directors to 17 members.   "We are excited that Barbara, Tracee, ... (click for more)

Sheriff Watson Offers To Send Team To Colorado To Help With Search For Cleveland's Joe Keller; Active Search Suspended

Bradley County Sheriff Eric Watson has offered to send a Special Response Team, as well as other resources, to help Colorado authorities, who have suspended their search for 19-year-old Joseph Keller. He noted, "Joe Keller is a well-known young man who has lived in the Bradley County area, and disappeared while on a run in Conejos County, Colorado recently. " Sheriff ... (click for more)

Major AT&T Outage Strikes Chattanooga, Surrounding Areas; Verizon, T-Mobile Also Experience Outages In Tennessee, Kentucky, Alabama

When AT&T subscribers tried to use their cell phones in North Georgia this afternoon, they got a message saying “Emergency Calls Only.”  On Signal Mountain, a terse “Network Busy” message popped up when they tried to use their phones.  They are not alone.  According to news reports in The Tennessean in Nashville and numerous other news sources, AT&T ... (click for more)

In Agreement With Rep. Womick's Bill

I agree wholeheartedly with the bill by Rep. Womick that county clerks only marry couples of the opposite sex, but I doubt that the present Supreme Stupids would change the position of the court and fear that the time, energy and money spent to defend a legal action brought by the liberal supporters of the present state of the law would be for nothing.  There is a higher ... (click for more)

Roy Exum: A Very Silly Apology

It didn’t get a lot of attention, as well it should not have, but when I heard Japanese giant Mitsubishi was offered an apology for heinous war crimes that took place during World War II, I thought it was an ill-conceived publicity stunt. But, no, in a solemn ceremony last month hosted by the Museum of Tolerance at the Simon Wiesenthal Center in Los Angeles, that is exactly what ... (click for more)