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.”



Keller Williams Volunteers To Help Habitat For Humanity

Associates from the Keller Williams East Brainerd and Hixson offices will be among more than 134,000 Keller Williams associates worldwide participating in the real estate franchise’ eighth annual RED Day on May 12 from 8:30 a.m.-4:30 p.m.   The Keller Williams' associates will be cleaning and organizing the Habitat for Humanity Warehouse at 1201 E. Main St.  ... (click for more)

Chattanooga Community Housing Development Offers Roof Replacement Grants

Chattanooga Community Housing Development Organization is offering forgivable grants for roof replacement to income qualified homeowners in the city of Chattanooga.  CCHDO’s Roof Replacement Program is designed to assist lower-income families in making this vital improvement. Since 2012 CCHDO has replaced 75 roofs on homes owned by low income Chattanooga homeowners. The ... (click for more)

Mayor Berke Pledges $6 Million For New Recreation Center At Avondale

Mayor Andy Berke announced Thursday that he plans to include $6 million in his upcoming budget for a new Recreation Center at Avondale. He said at a press conference at the current center on Dodson Avenue, "We want to make an investment in Avondale." Mayor Berke said the current center by Wilcox Boulevard was built in 1949 and last remodeled in 2002. The new center, which ... (click for more)

Developer Plans Single-Family Homes, Townhomes, Apartments, Retail On 7.5 Acres At South Broad Street

A developer is planning single-family homes, apartments, townhomes and retail on a 7.5-acre South Broad Street site. The development by South Broad LLC and DEW LLC is located within several blocks between South Broad Street, W. 26th Street, Long Street and W. 27th Street. It would include a 3-story U-shaped apartment building with ground floor retail at the north end of the ... (click for more)

Thankful For The Vital Role Teachers Played In My Life

Re: Roy Exum: Teachers Day Tomorrow Roy, I am especially appreciative of your poignant column written in tribute to teachers.  It made me tear up, as I have encountered both as a student and a career educator-- teachers like the second-grade teacher who said, "I wish you were my little girl" and teachers like Mrs. Poindexter.   My teachers have played such a vital ... (click for more)

Roy Exum: ‘No’ To Schools Budget

When the Hamilton County Commissioners and officials of the Hamilton County Department of Education met for 3 ½ hours on Tuesday, they studied a proposed budget of roughly $385 million – this $24.2 million over an anticipated $361 million in revenues. Now let’s pretend it is a Tuesday night at your own kitchen table and your favorite son – after misbehaving in a somewhat stunning ... (click for more)