Charleston Developer Pays Unum $3,885,000 For Site At 4th And Cherry Where "River Rock" Will Be Built

Thursday, May 9, 2019

A Charleston, S.C. developer planning a large mixed-use project at Fourth and Cherry has paid Unum $3,885,000 for the site where it will be built.

The property that runs to Walnut and Third streets has long been in use as a Unum (and public) parking lot.

Work is set to begin in September on River Rock.

 

The community will offer 16,000 square feet of commercial space in addition to 163 multi-family units consisting of studio, one-, two- and three-bedroom floor plans as well as townhomes with attached garages.

 

“River Rock will deliver high-quality live-work-play options for Chattanooga’s growing population of residents looking to live in this dynamic and energetic part of the city,” said Alan McMahon, development manager at the Beach Company. 

 

“River Rock will help transform the 4th Street corridor into a walkable and vibrant gateway into the city,” said Kim White, president and CEO of River City Company, the nonprofit organization focused on downtown Chattanooga’s economic, social and cultural growth.


Kim Bass: April Housing Market Statistics

Downtown Living Tour Returns May 18

Bridges To Be Placed By Helicopter At The Course At McLemore On Tuesday


The warm weather is here, and homebuyers are returning in force this spring. For well-priced homes in desirable locations, the competition can be fierce. For much of the country, the first quarter ... (click for more)

A variety of Downtown Chattanooga apartment options will be available to tour and explore on Saturday, May 18, from 10 a.m.-4 p.m. for the second annual self-guided Explore Downtown Living Tour. ... (click for more)

The Course at McLemore on Lookout Mountain will have two bridges lowered into place, making the golf course even closer to completion. Helicopters from Air Crane Atlanta will carefully lift ... (click for more)


Real Estate

Kim Bass: April Housing Market Statistics

The warm weather is here, and homebuyers are returning in force this spring. For well-priced homes in desirable locations, the competition can be fierce. For much of the country, the first quarter of 2019 experienced less foot traffic, which impacted potential home sales. In some areas of the country low affordability, higher prices, and lower inventory situation contributed to ... (click for more)

Downtown Living Tour Returns May 18

A variety of Downtown Chattanooga apartment options will be available to tour and explore on Saturday, May 18, from 10 a.m.-4 p.m. for the second annual self-guided Explore Downtown Living Tour. Organized by River City Company and sponsored by FirstBank, 14 apartment developments will be open to those who have an interest in urban living or want a unique way to spend a Saturday ... (click for more)

Breaking News

4 People Shot At 2 Hixson Locations; 2 Killed On Ardis Lane; 2 Men Shot At Northgate Crossing Apartments In Hixson

Four men were shot in two overnight shootings in Hixson. Two people were shot and killed on Ardis Lane. At approximately 10:07 p.m., Chattanooga Police responded to the 6700 block of Ardis Lane on a report of persons shot. Upon arrival, police located two men suffering from gunshot wounds. Hamilton County EMS responded and pronounced Kirtus Thompson, 27, deceased on ... (click for more)

Greg Vital Says Ancient Stone Cairns, Part Trail Of Tears Route Found On His Meigs Farm; Asks TVA To Reroute Project Viper Transmission Line

Greg Vital, who is fighting to keep a major TVA transmission line from crossing his Meigs County farm, said a group of ancient stone cairns and a section of the Trail of Tears have been found on the farm. He is asking that TVA reroute the line that is being built to a new TVA power center. Mr. Vital said TVA located one of the cairns and agreed to move the line from it. But ... (click for more)

Opinion

Chattanooga's Shooting Epidemic

These shootings continue and something has to be done to try and stop them whether they are domestic, robbery or gang related. We obviously can not remove these handguns from every man, woman and child. I suggest that merchants that sell handguns raise the minimum age to 21 years for the purchase of handgun ammunition only. This 21 age requirement would not include ammunition ... (click for more)

Roy Exum: Alabama’s Flat-Out Wrong

Ever since Alabama Governor Kay Ivey signed into law the most nauseating abortion legislation in the history of the United States on Wednesday, I have tried to find a worse decision by the lawmakers in any state to equal such absurdity and I most certainly cannot. While I am confident those in the State house would have voted differently had each been asked, “What if it was your ... (click for more)