Corey Ballew, CEO of Compost Soil Share, said he is working on a proposal to purchase and renovate the Parkway Tower located by Finley Stadium and the First Tennessee Pavilion, where the Chattanooga Market is held.
He said the development will consist of a rooftop and indoor vertical garden, a micro-brewery and meadery, and LEED Platinum condos.
Mr. Ballew said he is seeking investors for the project. He said, "Each bond is sold at a discount and redeemed at full amount at maturity in 10 years and additional funds can be earned by making referrals (1% of each referral bond purchase). Bonds can be purchased in increments of $100, $500, $1000, $5000, and $10,000. I am looking to gain at least 1000 investors to support this venture. Even if I only sell 100 bond sales directly and get 10 referrals per person I will have a sufficient number of investors, so every investor plays an important role."
He said he is also working to develop a city-wide food waste composting program and is coordinating with Wildwood Harvest Farm to utilize a few acres for a composting site to take food waste to.
Mr. Ballew stated, " I need to contract at least 10 businesses that are interested in a food waste pickup service for Phase 1 of development. I will also need drivers that would be interested in a part time job, which could turn into a full time time job in Phases 2, 3, or 4. Additionally, I am offering on site composting for neighborhoods and businesses that are interested in making a long term sustainable investment in a commercial composting bin. The Big Hanna composters can be used indoors or outdoors and can process between 100-5,000 lbs of food and organic waste weekly, depending on the model selected. I will be starting next month as the Tennessee Big Hanna distributor for Vertal Inc. and I will also cover Missouri, Alabama, and Georgia."
Also, he said he has been involved in the development of Hill City Garden in the North Shore area. It is located at the intersection of Bell Ave and Mary next to the First Calvary Baptist Church.
He stated, "If you would be interested in checking it out, donating, or volunteering please visit the Causeway link below.