Matt McGauley Envisions Comeback Of Krystal At 7th And Cherry

  • Monday, March 2, 2015

Matt McGauley said he can envision the comeback of the original Krystal outlet at the inaugural site at Seventh and Cherry streets.

He and his father, Mike McGauley, of Fidelity Trust bought the three-story former Krystal headquarters recently from 701 Cherry Street LLC for $775,000.

Matt McGauley said, "We would like to keep a restaurant at the corner, and we will have 3,500 square feet of space available. I would love to see a Krystal there."

That is the location where the successful hamburger chain got its start in 1932. Krystal was long based in Chattanooga, but now operates from an Atlanta site.

Mr. McGauley said it could include a Krystal museum and gift shop.

He said the final plans for the building will be drawn up after interior demolition is complete. That is already underway.

Attorney Hank Hill and his partners had to exit their longtime home for the nearby Flatiron Building.


Latest Headlines
Real Estate
Kadi Brown: 2024 February Market Report
Kadi Brown: 2024 February Market Report
  • 3/14/2024

The housing market is showing signs of healthy activity, according to the latest report for February 2024. Existing home sales have seen a notable increase, marking the most energetic pace since ... more

Chattanooga Housing Authority Awarded $20,000 For Resilience Projects At Emma Wheeler Homes
Chattanooga Housing Authority Awarded $20,000 For Resilience Projects At Emma Wheeler Homes
  • 3/14/2024

Chattanooga Housing Authority has been awarded a grant for the Butterfly Effect Program funded in part by the Open Space Institute, in partnership with Thrive Regional Partnership and support ... more

Lookout Valley Motel Sells For $3,410,101
Lookout Valley Motel Sells For $3,410,101
  • 3/14/2024

The Super 8 by Wyndham in Lookout Valley has sold for $3,410,101. It is located at 20 Birmingham Highway. The sale was to Shivsakti Llc from B R Lookout Hospitality Llc. more