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Chattanooga New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS1 1701 Broad 158
2 One Riverside 387
Total Under Construction 545
3 First Tennessee Bank Building 78
4 River Rock 163
5 McCallie Commons 138
Total Planned 379
14 1200 Cowart Street 140
15 Campus Walk 150
16 Douglas Heights Phase II 250
17 Central & Rossville 161
18 Ridgedale Mill 90
19 South Broad Street & West 33rd Street 122
20 Henry, The 71
Total Prospective 984 Source: Yardi Matrix2000 ft
Chattanooga New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS6 St. Elmo 100
7 Riverton Development 100
8 Hamilton Villas 82
9 Ashford Villas 82
10 Cleveland Court 78
11 Wisteria of Chatsworth 82
12 Alsobrook Creek 64
13 Flats at Sam Lane 72
Total Planned 660
21 Waterside 300
22 Chattanooga Red Wolves 400
23 Quarry Residential, The 144
24 Collegedale Station 180
Total Prospective 1,024 Source: Yardi Matrix2 mi
Chattanooga New Construction and Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 1701 Broad 1701 Broad Street Chattanooga TN 37408 Under Construction 158 Chattanooga - Southside 03/24/2017 01/31/2020
2 One Riverside 950 Riverside Drive Chattanooga TN 37403 Under Construction 387 Chattanooga - East 09/01/2018 01/31/2020
Total Under Construction 545
3 First Tennessee Bank Building 701 Market Street Chattanooga TN 37402 Planned 78 Chattanooga - Downtown
4 River Rock 315 Walnut Street Chattanooga TN 37403 Planned 163 Chattanooga - Downtown
5 McCallie Commons Central Avenue & McCallie Avenue Chattanooga TN 37403 Planned 138 Highland Park - Oak Grove
6 St. Elmo St. Elmo Avenue & Tennessee Avenue Chattanooga TN 37409 Planned 100 St. Elmo - Alton Park
7 Riverton Development Dixie Drive & Lupton Drive Chattanooga TN 37415 Planned 100 North Shore
8 Hamilton Villas 6421 Shallowford Road Chattanooga TN 37421 Planned 82 Tyner
9 Ashford Villas 7608 Shallowford Road Chattanooga TN 37421 Planned 82 East Brainerd
10 Cleveland Court 1191 Cedar Lane SW Cleveland TN 37311 Planned 78 Cleveland
11 Wisteria of Chatsworth 234 South 2nd Avenue Chatsworth GA 30705 Planned 82 Murray
12 Alsobrook Creek 1565 Dietz Road Fort Oglethorpe GA 30736 Planned 64 Catoosa
13 Flats at Sam Lane 92 Sam Lane Ringgold GA 30736 Planned 72 Catoosa
Total Planned 1,039
14 1200 Cowart Street 1233 Cowart Street Chattanooga TN 37402 Prospective 140 Chattanooga - Downtown
15 Campus Walk East Martin Luther King Blvd & University Street Chattanooga TN 37403 Prospective 150 Chattanooga - Downtown
16 Douglas Heights Phase II 930 Douglas Street Chattanooga TN 37403 Prospective 250 Chattanooga - Downtown
17 Central & Rossville Central Avenue & Rossville Blvd Chattanooga TN 37404 Prospective 161 Highland Park - Oak Grove
18 Ridgedale Mill 1101 South Watkins Street Chattanooga TN 37404 Prospective 90 Highland Park - Oak Grove
19 South Broad Street & West 33rd Street West 33rd Street & Broad Street Chattanooga TN 37408 Prospective 122 St. Elmo - Alton Park
20 Henry, The 341 Stringer Street Chattanooga TN 37405 Prospective 71 Red Bank
21 Waterside NWC Gunbarrel Road & Shallowford Road Chattanooga TN 37421 Prospective 300 East Brainerd
22 Chattanooga Red Wolves Camp Jordan Pkwy & Ringgold Road Chattanooga TN 37412 Prospective 400 East Ridge
23 Quarry Residential, The 1001 Reads Lake Road Chattanooga TN 37415 Prospective 144 Signal Mountain
24 Collegedale Station Apison Pike & Meridian Drive Ooltewah TN 37363 Prospective 180 Ooltewah
Total Prospective 2,008
TOTAL CHATTANOOGA 3,592
© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: January 2020