Post by CMF Newsman on Jan 12, 2012 6:48:22 GMT -5
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.
Read more at www.timesfreepress.com/news/2012/jan/11/chattanooga-downtown-apartment-building-closer-dev/