Developer Downey Says He Is Glad To Return To Chattanooga For Black Creek Project

Tuesday, April 15, 2014
Tim Downey
Tim Downey

Former Chattanoogan Tim Downey said he is glad to return to the city for the development of the Black Creek property.

His Southern Land Company,  a  Franklin, Tn.N-based, full-service real estate development firm, has been named the master developer for Black Creek Mountain, according to York Capital, majority owner of the  project.

Southern Land Company CEO Downey began his building and development career in Chattanooga in the mid-1980s, bringing a number of high-end residential communities online including Ram’s Gate, Legends, Rosemere, and Emerald Valley.

 Since relocating to Nashville in the late nineties, Mr. Downey has significantly expanded the company’s portfolio into Middle Tennessee, Texas, Colorado, North Carolina, Pennsylvania, and New York. One of the firm’s well-known master planned, mixed use projects is Westhaven located in Franklin.  Southern Land currently has offices in Nashville, Dallas and New York City.

 “As a developer who got his start with a small operation in Chattanooga  over 25 years ago, it is very rewarding to have come full circle and return to a city that I admire very much,” said Mr. Downey. “We believe that Black Creek has a great deal of potential and we are excited to be back in town.”

Located in Lookout Valley at the base of Aetna Mountain, Black Creek Mountain is six minutes from downtown Chattanooga.  Officials said, "Black Creek’s property includes homes and homesites at the base of the mountain with extraordinary views and community amenities that include miles of nature trails, fishing ponds, tennis, cascading pools, sports complex, grand clubhouse and an award-winning golf course."

The property also includes land on top of Aetna Mountain which will include future residential and commercial development. 

Presently, there are 396 completed homes and approximately 20 currently under construction in the development's first phase with single family homes starting in the mid $200s and estate homes starting in the $400s.   A variety of single family home plans, quality builders, and homesites remain available in phase one. 

Officials said, "The high architectural standards are one of the many reasons Black Creek Mountain was the number one selling community in Chattanooga in 2013."

The builders include Black Creek Builders, Hagaman Construction Company, Hill Haven Holdings, P&C Construction, RDG Properties and Dexter White Homes.  Sales are managed by Black Creek Mountain Realty.  

As master developer, Southern Land Company will assume control over all elements of the community’s remaining build-out.  Mr. Downey said the natural elements of the property are perhaps its largest asset.

He said, “This is a beautiful piece of land, and requires a lot of planning to ensure that the new homes compliment the landscape in a way that preserves the natural elements of Aetna Mountain. As a company, we have a great deal of respect for striking a balance between new developments and preserving the integrity of the property. That will be a big consideration for us as we begin work at Black Creek.”

Gary Chazen, who is part of the investment group behind the project, stated, “I have known Tim Downey for many years and look forward to working with him and his Southern Land Team. I am excited to have their expertise in development, knowledge in management of mixed use communities and overall business practices that will be applied at Black Creek Mountain.”




Commercial Center Near Hamilton Place Olive Garden Sells For Over $6 Million

A commercial center near the Hamilton Place Olive Garden has sold for over $6 million. The sale of the property at 2200 Hamilton Place Boulevard was for  $6,038,104. The transaction was  to Agree Limited Partnership from Jlp-Chattanooga Llc.     (click for more)

Habitat For Humanity Of Catoosa County Seeks Lunch Donations

Catoosa County Habitat for Humanity is seeking future lunch donations for volunteer groups. “Our volunteers work hard on projects and we like to thank them by providing lunch for them.” said Penny Mahon, Catoosa Habitat’s Executive Director. “Several restaurants have participated in providing lunch for our volunteers and we are looking for some new partners.” Restaurants that ... (click for more)

Witness Says Mayes Wanted To Fire More Shots Into Man Who Owed Him Money

A woman testified Tuesday that Jamaal Mayes told her he wanted to shoot Willie "Fathead" Bacon "five or six more times" after plugging him with a fatal shot to the chest. General Sessions Court Judge Lila Statom bound charges of criminal homicide and possession of a firearm by a convicted felon to the Grand Jury after the testimony. The 39-year-old victim's body was found ... (click for more)

Overflow Crowd Attends Latest Signal Mountain Meeting On Leaving County Schools

The December meeting of the Signal Mountain Town Council was for the most part devoted to giving citizens another chance to voice their opinions and ask questions about forming a new school district separate from Hamilton County. More people interested in the subject came than could be admitted to the council room because of fire capacity and the crowd overflowed into the lobby. ... (click for more)

All I Want For Christmas Are Digitized Newspapers For 2018 - And Response

With recent news of the Public Library investing in their own StoryCorps-ish effort with the Chattanooga Memory Project, it got me thinking about digitizing local newspapers again.   It's been two and a half years since the Chattanooga Public Library committed to sending out a request for proposals to digitize the local newspapers they have on microfilm. Back in ... (click for more)

Roy Exum: The Top Of My Desk

I am always pleasantly amused when people ask me how I can come up with something different to write about each day. The truth is that it is a rare day indeed when there isn’t something I want to share. As I sat down at my desk yesterday and looked about, I laughed at myself because there were several stacks each worthy of a story so please allow me to present “the best of” the ... (click for more)