With the conversion of the Lucey Boilers property in Highland Park to a $20 million mixed-use development, a wide range of items of architectural, historical, industrial, and practical use will be available at auction on Thursday.
Compass Auctions will feature numerous items from the historic Lucey Boilers and Southern Spear Iron Works company that is directly tied to the work being done to bring the Lucey Quarter community to realization.
Lucey Quarter is positioned on what will be the East Line pathway and will give residents access to top tier dining, retail, and recreational venues, officials said.
Compass comes into the project as the company selected to provide the auction services for items left from the historical Lucey Boiler facility, Scott Steele of Compass said.
Chris Wood, general sales manager for Compass, said, “We have made every effort to work with Sean Compton and his team to showcase items that will appeal to both the everyday and business use buyers.
"There are so many pieces that have limitless potential for use in the industrial or construction sectors, CNC manufacturing work, as well as items that can be used for enhancing homes or estates with unique objects, fixtures, and landscaping.”
Compass officials said, "Lucey Boiler for many years was a vital and growing company in the Chattanooga that was known then as the Dynamo of Dixie. Over those seven decades the company acquired a number of interesting machines for welding, fabrication, CNC, manufacturing and more. The historical value for some of the items is priceless and the immense size of others makes them incredible conversation pieces. Some of these will become centerpieces for the new Lucey Quarter community and retail venues, however, this is your chance to own a part of Chattanooga’s industrial history on Thursday starting at noon.
Compass specializes in auctions for the industrial sector, vehicles and heavy equipment, municipal and government entities, luxury goods, firearms and ammunition, and real estate.
To learn more about the Lucey Quarter auction and its other auction opportunities, please visit www.SoldOnCompass.com or call 800-729-6466 to arrange for a tour of its facility and the Lucey Quarter and/or Southern Spear auction sites.
Southern Spear Iron Works president Sean Compton said about the Lucey Quarter project, “We’re big fans of history, and here in Chattanooga, our history, our legacy, is incredible. Whether it’s abandoned railroads, or these hundred year old buildings, the remnants of our past are intriguing. Our vision is to develop modern urban spaces that honor the past, that celebrate our history, and also facilitate community as well look to the future.”
The link for items is https://www.soldoncompass.com/event/lucey-quarter-industrial-cnc-machine-metal-auction/