The developer of what would be the biggest downtown apartment complex in decades said today the five-story structure is moving nearer to reality.
Work could start in the spring on the 100-unit, $11 million Walnut Commons, said developer John Clark.
He told the Chattanooga Downtown Redevelopment Corp. that the U.S. Department of Housing and Urban Development is near to signing off on a loan package for the project.
The apartments would go up at Walnut and Second streets along with a new child care center.
For full story, see Thursday’s Times Free Press.
Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...