The Green Real Estate Group started construction Monday on its latest student housing project, VINE324. The building will be located in downtown Chattanooga at the corner of Vine and Lindsay Streets, and will have a total of 31 beds in eight contemporary suites.
The development team designed the units to be turn-key for each student. All utilities, including Chattanooga’s fastest gigabit Internet, will be included in the monthly rental rate. In addition, all of the suites will be fully furnished and come with individual liability leases, designer finishes, large kitchen and living areas, a 50-inch flat screen television, along with a washer and dryer in each unit. Each private bedroom will feature a queen size bed, storage solutions, full size closets, cable and Internet access, and a writing desk.
VINE 324 will be a "modern, affordable, and innovative solution to the student housing shortage at the UTC," said officials.
The Strauss Company has been selected as the general contractor. Method Architecture and AD Engineering are the project’s civil and design architects. Cohutta Banking Company is financing the project.
VINE 324 will begin preleasing in October, with a spring semester move in date of Jan. 1, 2015.