Downey Plans To Build 95 New Homes At Black Creek

Tuesday, April 8, 2014

Tim Downey, the new developer at Black Creek in Lookout Valley, is planning to construct 95 new single-family homes just off Cummings Road.

He is seeking approval for a new Planned Unit Developer on a 62-acre site.

Officials said 70 percent of the site (44 acres) will remain open space.

The density will be 1.52 units per acre.

The proposed PUD includes sidewalks, alleys, landscaping, andstreet trees.

The site is accessed from a residential road, River Gorge Drive, with one curb cut to act as an entrance and exit.

River Gorge Drive is the old Aetna Mountain Road.

The new development is just beyond the current end of the reconstructed road. It is planned to continue the development on up the road and to a wide expanse on the top of Aetna Mountain. 

The Regional Planning Agency staff is recommending approval.


Alexander Says “Blacklisting” Regulations Will Bury Contractors Under Mountains Of Paperwork

Senate labor committee Chairman Lamar Alexander on Wednesday made the following statement on the administration’s release of its final “blacklisting” regulations implementing the president’s 2014 executive order: “These regulations will bury federal contractors and subcontractors under mountains of paperwork and then prevent some from getting work for a labor violation they ... (click for more)

Foreclosure Odds Drop 42% With THDA Homebuyer Education, Officials Say

A first-of-its-kind study uses THDA home loan data to identify the impact of homebuyer education classes on default and foreclosure rates.   The new study shows the odds of foreclosure were 42 percent lower among participants in THDA's down payment assistance program who completed a homebuyer education (HBE) class compared to participants who did not.   THDA began ... (click for more)

Avocet Hospitality Group Acquires The Read House; Multi-Million-Dollar Renovation Planned For The Historic Chattanooga Property

Historic Read House Associates, LLC, a subsidiary of Avocet Hospitality Group (AHG), on Wednesday announced the acquisition of The Read House in downtown Chattanooga. The seller, Read House Investors, LP , has owned the property since 1994 and entered a sale agreement with AHG in May. Hodges Ward Elliott represented and advised the seller in the transaction. The 242-room ... (click for more)

Judge Says Dyer, Brennan Can Obtain Loans From Friends And Families After Affidavits Are Filed

Federal Judge Travis McDonough ruled Wednesday that two Chattanooga men who were charged by the Securities and Exchange Commission with defrauding a large number of investors can obtain loans from friends and family to pay attorneys and for living expenses. However, he said details of the loans must be spelled out in affidavits that he and the SEC must approve. The loans to Doug ... (click for more)

Colin Kaepernick Is The Epitome Of American Patriotism - And Response (2)

As the mother, mother-in-law, sister, aunt, and former wife of present active duty and veterans several times over, it isn't the patriotism of NFL player Colin Kaepernick I question, but the patriotism of those who are attacking him. Kaepernick is the epitome of all things this country is suppose to stand for and challenge. If he's attacked for taking a stand then everything this ... (click for more)

Roy Exum: My September Garden

I am told it takes a mighty oak tree somewhere between 20 and 35 years before it produces acorns, this based on the species of the oak. But as I walk through my September Garden in my monthly custom, I do indeed believe that a mature oak can rain down as many as 90,000 acorns a year. I’ve already got enough for every squirrel between here and the Mississippi River. My friends ... (click for more)