Progress is moving forward on King Street on a mixed-use project, which includes two restaurants, a brewery, office space, condos, park and hotel. Urban Story Ventures is leading the project alongside 3H Hotels, which is building the Moxy Hotel at the corner of Market and King Streets.
The new area, called King Street Station, will feature a private park including a beer garden attached to Wanderlinger Brewery.
The building that is under renovation was constructed in 1913 for cold storage and is undergoing a complete restoration, including the addition of more than 80 new windows. The structure only contained a few openings before. Both restaurants and office space will anchor the lower floors with residences planned for the top.
“It was important to us to preserve this historic structure, while breathing life back into it and updating the site for a variety of uses,” said Jimmy White, owner of Urban Story Ventures. “The result is a place for people to live, work and play in Southside Chattanooga in an area that’s within walking distance of other entertainment, jobs and amenities.”
Designated, onsite parking will be available for residents, tenants, customers and guests. King Street Station is located at the edge of the emerging entertainment district and Southside while bordering the central business district of Chattanooga.
“We had looked at a lot of potential sites prior to choosing King Street Station,” said Mike Dial, president of Wanderlinger Brewing Company. “Our final decision wasn’t hard to make because of all the other pieces of the development that are coming including the Moxy, restaurants and the close proximity to a lot of other entertainment. This whole area has a powerful vibe and a lot of energy, and we’re excited to be a part of it.”
A rail line runs through the property, and Urban Story Ventures is using space on and around the tracks to create a 300-foot-long park.
“We know that people who want to live and work in an urban setting also want access to gathering places like parks that enhance quality of life,” Mr. White added. “Turning the area around the railroad into a park is a great reuse of this space, which will also be a draw for people staying at the Moxy Hotel or visiting the brewery. We also think it compliments all the other activities in the area.”
The restaurants, brewery and office space building at King Street Station is set to open late fall, with some tenants opening in early winter. The Moxy Hotel is slated to open in October.