City To Pay State $385,080 For Space Along Riverfront Parkway Near Power Alley

  • Saturday, June 25, 2022

The city of Chattanooga has reached agreement to pay the state $385,080 for a portion of Riverfront Parkway that has long been used for parking and special events.

The location is near Power Alley and the Olgiati Bridge.

The budget of Governor Bill Lee initially included a $725,700 grant for the River City Company to secure access to the riverfront parking for potential development.

However, members of the local legislative delegation redirected those funds to be split equally between Clinica Medicos, a nonprofit providing health care to the Hispanic community, and the Tivoli Foundation, which is enlarging the Tivoli to take in the adjacent Fowler Building.

Legislators cited concern about loss of space for events such as Head of the Hooch and the Riverbend Festival as well as concerns about who might benefit from a residential development at the site.

The property was part of a long stretch of Riverfront Parkway that then-Mayor Bob Corker in 2004 convinced the state to transfer to the city. The city wanted to narrow the lanes on the then-four-lane road to allow better access to the river.

The deed included a clause that should the property ever cease to be used for a public purpose that it would revert to the state.

Latest Headlines
Breaking News
Latest Hamilton County Arrest Report
  • 3/29/2024

Here is the latest Hamilton County arrest report: ASBERY, DAVID BENJAMIN 1920 GUNBARREL APT 404 CHATTANOOGA, 37421 Age at Arrest: 48 years old Arresting Agency: Chattanooga PD VANDALISM/MALICIOUS ... more

New Hope Fire Department Disputes TWRA Report On Kayaker Rescues
  • 3/28/2024

New Hope Fire Department Corey Comstock disputed a report by the Tennessee Wildlife Resources Agency about the rescue of 33 kayakers from extremely high winds near Nickajack Cave on Monday. ... more

Woman Dies After Being Seriously Injured In House Fire Thursday Afternoon
Woman Dies After Being Seriously Injured In House Fire Thursday Afternoon
  • 3/28/2024

A woman died after sustaining life-threatening injuries in a house fire on North Moore Road Thursday afternoon and was rescued by Chattanooga firefighters. Hamilton County 911 received a call ... more