Urban Story Ventures Buys 534.5 Acres For Future Development On Signal Mountain

  • Monday, January 3, 2022

 Investment partners Hiren Desai and Jimmy White of Urban Story Ventures announced that they have purchased 534.5 acres on Corral Road atop Signal Mountain for a total price of $5 million.

Over the next several months, the developers said they will focus on a land plan and detailed project scope for the best use of the site.

Officials said, "Urban Story Ventures is committed to maintaining the character of the land and will request input from neighbors in their effort to create a development that suits the unique mountaintop community."

The purchase was from William E. Matthews, Hillcrest-Norfolk Properties Lp, Argil J. Wheelock and Jerry W. Mitchell. 

The address given on the property transfer was 7019 Sawyer Road.

The group is involved in a number of local developments, including a major project at the former Alstom site.

Breaking News
Police Blotter: Manager Says Arby's Employee Used Customer Credit Card; Woman's Drunk Guest Refuses To Leave
  • 9/24/2023

A manager at the Arby's, 4766 Hwy. 58, told police that a customer called the store and said that he left his debit card at the restaurant and someone charged $546 to his card on Walmart.com. ... more

Latest Hamilton County Arrest Report
  • 9/24/2023

Here is the latest Hamilton County arrest report: ABERNATHY, KRYSTAL NICOLE 2300 WILSON ST Chattanooga, 374063233 Age at Arrest: 31 years old Arresting Agency: Chattanooga PD RESISTING ... more

2 Shot On Windsor Street Friday Night
  • 9/23/2023

Two people were shot Friday night on Windsor Street. Just after 10 p.m., Chattanooga Police responded to Windsor Street for a person shot call. While responding to the scene, officers were ... more