New Rental Single-Family Home Neighborhood Planned In Red Bank

Sunday, March 7, 2021

RoseRock, Generation Property Management and Collier Construction announced the launch of Chattanooga’s first individually-platted, single-family rental neighborhood called Julia’s Park.

The announcement marks the local entry of RoseRock, a Bryan/College Station, Texas-based company with experience in the single-family rental business.

John Jordan, CEO of RoseRock, said, “We seek to create unique communities in vibrant cities with thoughtfully curated neighborhoods for our residents. The more we have gotten to know the Chattanooga market, the more excited we have become about growing a portfolio here and meeting a vital need in this beautiful community.”

Officials said the new, boutique neighborhood "is tucked into a scenic corner of Red Bank and offers its residents tremendous flexibility, convenience, and high-end amenities. Each of the 34 houses is completely detached and individually-platted, offering lease-holders privacy and the comfort of their own home."

Chattanooga-based Generation Property Management will manage it.  

Julia’s Park is especially personal for home builder Ethan Collier whose company, Chattanooga-based Collier Construction, is building the neighborhood. “Julia’s Park is named after my daughter and its two streets, Stunner Lane and Strong Avenue, are two characteristics that describe her well,” said Mr. Collier.

Floor plans include 3-bedroom, 2-bath homes; 4-bedroom, 2-bath homes; 4-bedroom, 2 and a half bath homes; and 4-bedroom 3 and a half bath homes. Monthly rental rates start at $2,150 per month and include lawn care, exterior maintenance and pest control.


Robert Backer: March 2021 Housing Market Statistics

Foundry Flats Sells For $7,550,000

Crye-Leike Realtor Diana Seavey Earns Certified Residential Specialist Designation


What a difference a year makes! The normal, expected spring increases in sales activity, coupled with relaxing COVID-19 policies, have created a very busy March. Buyer demand largely has been ... (click for more)

Foundry Flats apartments and condos on the Southside has sold for $7,550,000. The site includes two three-story buildings at 410 West 25th St. It is located just off South Broad Street ... (click for more)

Crye-Leike Real Estate Services announced that Realtor Diana Seavey has earned the Certified Residential Specialist (CRS) designation from the Residential Real Estate Council. The CRS designation ... (click for more)



Real Estate

Robert Backer: March 2021 Housing Market Statistics

What a difference a year makes! The normal, expected spring increases in sales activity, coupled with relaxing COVID-19 policies, have created a very busy March. Buyer demand largely has been unabated in the face of rising home prices and mortgage rates. Existing home and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing ... (click for more)

Foundry Flats Sells For $7,550,000

Foundry Flats apartments and condos on the Southside has sold for $7,550,000. The site includes two three-story buildings at 410 West 25th St. It is located just off South Broad Street near Kentucky Fried Chicken. The sale was to Foundry Flats Apartments Holding Co Llc from Foundry Flats Llc. (click for more)

Breaking News

County School Officials Told No Migrant Students At Temple Dorm To Enroll In County Schools; Aim Is To Reunite Children With Families, Baptiste Group Says

County School officials said in a meeting on Tuesday, a leader of the Baptiste Group said there are no plans for migrant children at a former Tennessee Temple dorm to attend county schools. School officials said they were told that the program is a short-term placement for children and is focused on reunification of children and families. The Baptiste Group plans to ... (click for more)

Tim Kelly Is New Chattanooga Mayor; Jenny Hill, Isiah Hester Win City Council Races

Tim Kelly was far ahead in the Chattanooga mayor's runoff election after early vote totals and the first 20 precincts were released. He quickly declared himself the winner, and he finished ahead by over 5,000 votes. He won 15,966 to 10,661. Among early voters, it was Kelly 8,623 to 4,988 for Kim White, former president of the River City Company who was vying to be the city's ... (click for more)

Opinion

A Mayoral Race To Be Proud Of

It was very refreshing for both candidates to only speak to their strengths for the entire campaign while not dragging each other through the mud and acting like third graders as it too often the case with political campaigns. It was even more refreshing to see such a humble victory and a gracious defeat as both candidates appeared to be extremely supportive of one another ... (click for more)

Roy Exum: Kelly Gallops To Mayor

Tim Kelly, betting heavily on himself by spending over $1 million of his own money and divesting of a widely respected auto dealership in order to be fully focused, was hailed as a winner Tuesday night. The personable Kelly was greeted with open arms as Chattanooga’s newest Mayor when he outlasted another quite capable candidate, Kim White. In what was expected to be a nose-to-nose ... (click for more)