Industrial Ornamental Aluminum at Chattanooga Riverfront Parkway Development
The Chattanooga Riverfront Parkway development project is taking off, and Action Fence is proud to be a part of the effort. While just in the beginning stages, this area of town is primed to become among Tennessee's biggest nightlife draws. Sporting a nearly 1 billion dollar price tag, the development targets the area from Norfolk Southern Railroad all the way down to St. Elmo, and will include eateries, bars, clubs, restaurants, and apartments.
Wamack says the overall market in the central city seems "really steady and really active."
Almost 900 new apartment units are either underway or planned in or near the Southside between Broad Street and the Tennessee River alone. Also, several hundred units are going up on the North Shore. "I like the nice steady growth we're seeing," Wamack says. Meanwhile, Vision Hospitality Group, Chattanooga's biggest hotel developer, plans to open a new boutique property near the Walnut Street Bridge in 2018. Vision Chief Executive Officer Mitch Patel estimates the cost of the 90-room Edwin hotel will come in at about $27 million.
Among key projects either underway or slated for completion this year in the region:
$400 million: Nokian Tyres plant in Rhea County, Tenn.
$80 million: 600-bed student residence hall, dining halls and a 700-vehicle garage at UTC
$42.7 million: M&M Industries expansion in Chattanooga
$27.1 million: Textile Corp. of America plant in Pikeville, Tenn.
$27 million: Edwin hotel in downtown Chattanooga Read More...
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