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.”



Center For Sports Medicine And Orthopaedics Is First Tenant For New 20-Acre Ringgold Development

Armour Commercial Real Estate and the Catoosa County Development Authority announced the first tenant for a 20-acre site being jointly developed as part of a public/private partnership and located just off of Georgia Highway 2-A in Ringgold, Ga. The Center for Sports Medicine and Orthopaedics will open a satellite location at the site located on Hwy 2-A across from Battlefield Imaging. ... (click for more)

Widows Harvest Hosts Ribbon Cutting For Home Harvest

Two years ago, Wells Fargo donated a historic and condemnable St. Elmo home at 5316 St Elmo Ave. to local nonprofit, Widows Harvest. For the past 24 months, Widows Harvest has worked with a team of contractors and interior designers to restore, remodel, and resuscitate this historic 2800-square foot home named Home Harvest. This gem is now ready to be placed on the market ... (click for more)

1 Person Killed In 3-Car Accident In Dalton On Saturday

There was a fatal three-vehicle crash on the South Bypass in Dalton just south of Sawgrass Drive  on Saturday  at approximately  4:30 pm . The crash happened when the driver of a black Ford Mustang traveling southbound on the bypass for some reason left its lane of travel and crossed over the center line and hit a 2004 Chevy Silverado truck head on. ... (click for more)

Car Crashes Into Motel 6 In Dalton; Driver, 17, Admits To Texting While Driving

The Dalton Police Department and Dalton Fire Department responded Saturday morning to a crash at the Motel 6 at Highway 41 and Tibbs Road. The driver of the 2005 Pontiac Grand Prix involved left the roadway and crashed into the Motel 6 building causing severe damage to one of the rooms. There were no major injuries. Investigators believe texting while driving was a contributing ... (click for more)

Slaxxon Regret - And Response

Back in the seventies my three oldest brothers had a buddy named Steve Slack. “Slack” was a star soccer player at Baylor and he grew up on Lookout Mountain, which is where I grew up. He and Jimmy, Henry and Bill went to the University of Virginia where they were roommates in an old, beat up house that was painted pink. Naturally, the place became known as the “Pink Palace” but lest ... (click for more)

Roy Exum: ‘Ballooniac’ Fined $25K

The Calgary Stampede is one of the biggest events in Canada and every year it draws well over 1.5 million people to one of the most beautiful places in the world. It started in 1912 as a big rodeo event and today it lasts 10 straight days. A highlight is the chuck-wagon races, where $4 million of advertisements are sold on the wagon’s canvas covers and there are pancake breakfasts ... (click for more)