An Atlanta "micro-home" firm has announced a $12 million residential development in Eastdale.
Valentina Estates is "a 42-unit micro-home community built to stimulate one of Chattanooga’s urban areas. These micro-homes offer luxury-style models with affordable pricing to encourage residents to home ownership," officials of Post Pro Capital said.
Valentina Estates is the first micro-home luxury community built in Chattanooga with plans of being ready in 2025. Chairman and CEO of Post Pro Capital Rashad Jones-Jennings is a retired professional basketball player and a native of Chattanooga who has been a real estate developer since 2015.
Officials said, "He brought the largest micro-home community to Georgia and looks forward to bringing the Valentina Estates development project to his hometown along with other multi-million dollar projects in the future."
“Valentina Estates offers attainable luxury to an urban area of the city,” stated Mr. Jones-Jennings. “This development will increase value in the Eastdale community and enhance the local economy so residents can utilize more resources in their own neighborhood. I look forward to creating economic growth and sustainable living in my hometown.”
The micro-home community plans to break ground on June 3 and is expected to be completed in 12-14 months. Three model options are the silver, gold, and platinum floor plan. Each floor plan has a unique style of loft or 1-2 bedroom options, it was stated.
Officials said, "These floor plans are designed to bring charmful luxury and comfort to the community."
Micro-home models range from $239,000 to $279,000, with amenities like walking trails, green spaces, solar roofs, and a dog park all within the gated community.