Legacy Real Estate And Development Officially Opens Office At Cambridge Square

Thursday, January 09, 2014
Debra Headden
Debra Headden

Legacy Real Estate and Development (Legacy), a Chattanooga-based residential and commercial brokerage and property management company, has officially opened its corporate office at Cambridge Square.

Cambridge Square is a mixed-use community in Ooltewah, at the intersection of Lee Highway and Ooltewah-Georgetown Road, less than a mile from Interstate 75.  The project is being developed by Barrier Properties, LLC.

Legacy has served as the property management arm for Barrier since active leasing commenced in 2012. To date, Legacy operated in a temporary onsite location within the Cambridge development.

Legacy now occupies 2500 square feet on the second floor of one the buildings overlooking Cambridge’s signature public square. Legacy has an option on an additional 2500 square feet to accommodate what managing partner Debra Headden anticipates will be a huge opportunity for growth.

“Ooltewah is one of the most dynamic commercial and residential markets in Hamilton County,” said Ms. Headden. “And Cambridge Square represents the very best in new development in the greater Chattanooga market. We are thrilled to have our offices open and look forward to growing our operation and serving our clients in what is evolving into a very exciting real estate environment.”

Ms. Headden opened the new Legacy office with Partner Barry Payne, who began building and selling homes in the Ooltewah sub-market in 1987. Payne also serves as the general contractor for Barrier Properties. Mr. Payne and Ms. Headden will have five affiliate agents in the office, as well as two estimators and two construction superintendents.

Legacy’s commercial efforts will initially center on the lease-up, acquisition and property management of Cambridge Square which currently has seven active tenants. Legacy’s residential projects include Hidden Lake (Ooltewah) and The Arbors (Chattanooga). In addition to its commercial and retail component, Cambridge Square will offer single-family homes with floor plans ranging in size from approximately 1,100 – 3,500 square feet. Infrastructure for this residential phase is being finalized in 2014 and Legacy will oversee property management once new home construction begins.


Scam Phone Calls Continue; IRS Identifies Five Easy Ways To Spot Suspicious Calls

The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS.   These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They ... (click for more)

Tennessee Electric Cooperative Association Names Alex Perkerson Government Affairs Specialist

The Tennessee Electric Cooperative Association, a trade group representing the interests of electric cooperative members across the state, announced that Alex Perkerson joins the association as government affairs specialist. In this role, Ms. Perkerson will assist with the association’s legislative and grassroots efforts. “Tennessee’s electric cooperatives work to inform ... (click for more)

School Board Unanimously Makes Cuts To Teacher Insurance; Spouses Can Only Stay On If They Have No Other Insurance

The Hamilton County School Board on Thursday night voted to Increase the premium for spouses by $100 - a move officials said would save the schools from $2,040,000 to $3,040,000. Spouses will not continue to be covered if they have insurance available to them on their jobs. School officials said the 1,700 spouses on county school insurance last year had $10 million in claims. ... (click for more)

City Audit Hits Travel Abuses By Top Chattanooga Library Personnel; Report Forwarded To State On Possible Fraud

A report by Internal City Auditor Stan Sewell found travel abuses by top personnel of the Chattanooga Library. The auditor said he found possible instances of fraud and forwarded information to state officials in regard to "reported potential fraudulent activity" by Margaret Backus, Systems Administrator and Nathaniel Hill, Assistant Library Director. The report says, ... (click for more)

Thanks For Making The Southern Brewers Festival A Success

Now that the dust has settled I'd like to thank Chattanooga for supporting the Southern Brewers Festival and making it yet another very successful event.    For those who do not know - the SBF benefits the Chattanooga chapter of Kids on the Block and the Chattanooga Community Kitchen.  As a partner helping the SBF with volunteers, sponsorships and the overall production ... (click for more)

Roy Exum: Al Sharpton’s Wise Remarks

I’ll admit I paid little more than scant attention to the Monday funeral of Michael Brown, the 18-year-old who was shot and killed by police bullets in Ferguson, Mo., after he allegedly was involved in strong-armed robbery. There are too many tawdry details and, in my way of thinking, there is nothing under God’s sun, absolutely nothing, that gives others the right to riot, burn ... (click for more)