$100 Million Development On Ooltewah-Georgetown Road To Have Commercial Component

  • Monday, November 13, 2023

The Planning Commission on Monday afternoon recommended approval on adding a commercial component to a $100 million Ooltewah residential project.

The project is by Turner Homes, described as a firm focusing on "crafting distinctive homes and new communities enriched with amenities and a personal touch."

Mike Price, representing the developer, said the plan is to have three two-story buildings available for such uses as dentist office, doctor office coffee shop, restaurant or pizza place.

He said a market study found that section generated $220 million in annual retail sales, with $60 million of that outside the location.

The project at 7413 Ooltewah-Georgetown Road is now planned to have 167 single-family homes and 62 townhomes on 55.5 acres. In addition, there will be 12 acres of community space.

There are two planned entrances along existing roads that are some 450 feet apart. Mr. Price said the developer would seek a variance on a fire ruling that much more distance was needed between the entryways.

Mr. Price said a traffic study will be conducted, and the developer will build a turn lane if it is called for.

Speakers in opposition cited heavy traffic already in that vicinity.

 

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