Downtown Chattanooga‘s (Tennessee) current growth is “mind-blowing,” Kim White, River City Company executive director, told the Chattanooga Rotary Club on Thursday.
She noted there currently are 1,271 apartments downtown.
Ms. White said, “Over the next year and a half we are getting ready to add 1,500 new apartments, 1,331 student beds, 564 hotel rooms and several commercial office settings which will total over $400 million in private investment downtown.”
She said, “For 30 years we’ve focused on building a vibrant downtown. Now we are in the process of filling in many of the gaps with people who not only want to work and play downtown but live downtown as well.”
“Chattanooga is a different city than we were 30 years ago. Young people know there are career opportunities here. They choose Chattanooga as a place to put down roots and start companies. And as people retire and want to stay involved, our city with all its amenities is a place of choice,” she continued.