BlueCross Sells Huge Tract Along River For $8.1 Million

Thursday, January 18, 2018

BlueCross BlueShield has sold a huge tract along the riverfront in Lupton City for $8.1 million.

The purchaser is listed as Riverton LLC., 651 E. 4th St., Suite 403, Chattanooga.

BlueCross had bought the 216-acre site in 2001 as a possible site for its corporate headquarters.

However, it wound up building a $299 million campus on Cameron Hill instead.

BlueCross started actively marketing the property in 2014, listing it for $10.1 million.

NAI Charter Realty at one time appeared to have the property sold, but an Augusta developer backed out on the purchase.

BlueCross bought it from Dixie Yarns, which formerly operated a mill nearby.

It includes the nine-hole Dupont Golf Course.

There are 154 acres on the river, making it a prime development spot.

The purchase covers five different parcels.


12 Arrested On Drug Charges In Franklin County

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Special Agents with the Drug Investigation Division of the Tennessee Bureau of Investigation were part of a multi-agency arrest round-up in Franklin County this week that resulted in the arrest ... (click for more)

A Middle Tennessee teacher who took a 15-year-old female student across the country has been sentenced to serve 20 years in federal prison. Tad Cummins apologized to the victim during his ... (click for more)

The County Commission on Wednesday approved a 25-year PILOT tax break for investors in a $9 million redo of the rundown Patten Towers. The only no vote was by Commissioner Tim Boyd, who said ... (click for more)


Breaking News

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Middle Tennessee Teacher Who Fled With 15-Year-Old Female Student Gets 20-Year Sentence

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Opinion

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Roy Exum: Best Olympics Story Ever

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Sports

Cleveland Thumps East Hamilton, 60-40, In Battle Of State-Ranked Teams

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Mocs Basketball Hosts Wofford, Mercer Thursday

The Chattanooga Mocs men’s basketball program plays the middle game of three in a row home Thursday night against Mercer. The Southern Conference matchup tips off at 8 p.m., following the women’s contest with Wofford beginning at 5:30 p.m. Chattanooga’s won two of three to start the New Year including last Saturday’s 80-75 triumph over Samford. The win over the Bulldogs shows ... (click for more)