Dillard Construction, Inc.
Hunt Commercial Real Estate
Pointe Property Group
Chattanooga is a desirable place to live, work, and play, and its continued growth is proof. To accommodate this growing number of visitors, residents, and businesses is an exciting lineup of new developments in the realm of commercial real estate.
Multiple large-scale projects are currently underway to revitalize downtown Chattanooga and increase its residential and commercial offerings. In 2024, development project The Bend broke ground in Chatta-nooga’s Westside neighborhood, with plans to create a mixed-use site that will drive growth along the riverfront and, as part of the larger One Westside plan, attract over $1 billion in new development. Over the next 10 years, The Bend is slated to bring 1 million square feet of commercial space, 500 hotel rooms, 1,200 housing units, and more to the Westside.
Other projects have breathed new life into historic downtown landmarks, such as the 2023, $19 million renovation of the historic Chattanooga Choo Choo, rebranded as The Hotel Chalet. That same year, work began on converting the nearly-century-old Chattanooga Bank Building into a 148-room Tapestry Collection by Hilton hotel, with completion anticipated this year.
More hotels are in the works. Soon to be welcoming visitors to the Southside neighborhood is a 123-room Hyatt hotel developed by 3H Group, which broke ground last April. Work continues on a 184-room Embassy Suites in downtown – one of the largest new investments in downtown in over a decade. Its developer, Vision Hospitality, also plans to construct a $40 million, 135-room AC Hotel by Marriott at Broad and Main streets. Hotels continue to be built near commercial hub Hamilton Place Mall in East Brainerd, including the completion of a Candlewood Suites and Drury Plaza Hotel last year.
The relocation of the Chattanooga Lookouts stadium, which broke ground last July, has been a catalyst for commercial development. The new South Broad site is projected to attract around $1 billion in new development, with proposals for future construction including mixed-use buildings, apartments, and office space.
In Ooltewah, the Cambridge Square shopping center continues to expand. Last April, the complex constructed a new two-story building and added seven new outlets to its growing lineup of retail and office spaces. Over in East Ridge, a 13-acre shopping center is slated to be redeveloped into a mixed-use site with retail and office space. Additionally, a recent proposal would bring up to $800 million in new housing and retail to East Chattanooga.
Also evolving is the industrial sector. Urban Story Ventures has begun construction on a $28 million industrial complex in the Centre South Riverport Industrial Park along the Tennessee River, with plans to open the facility for occupancy this year. Nearby, the developer also plans to redevelop a 10-acre manufacturing site on Amnicola Highway for commercial and industrial use.
Meanwhile, Hixson’s new North River Commerce Center –
the city’s biggest new industrial park in over a decade – added its second industrial building, part of a $102 million development. Across the Tennessee-Georgia border, the new Cloud Springs I-75 Park is poised to support further industrial growth in the region.
Another burgeoning sector is multi-family housing, with projects across the metro area adding thousands of apartments and condo units. These include a $17 million complex in the Southside, featuring 32 condos and ground-floor commercial space, and The Mill Town development, which involves 1,000 townhomes and apartments to be built over the next four years in and around the old Standard-Coosa-Thatcher Mills building. A 230-unit apartment project in the Westside is also moving forward and would be the first phase in the Westside Evolves plan, which hopes to bring up to 1,700 housing units to the neighborhood. Additional plans would add 344 units in East Brainerd; 621 units on Riverfront Parkway; 236 units in Ooltewah; 336 units in Brainerd; and 100 new condos and townhomes in the Southside.
Together these developments support the region’s growth and aim to enrich the lives of residents and visitors alike.
Chattanooga is a desirable place to live, work, and play, and its continued growth is proof. To accommodate this growing number of visitors, residents, and businesses is an exciting lineup of new developments in the realm of commercial real estate.
Multiple large-scale projects are currently underway to revitalize downtown Chattanooga and increase its residential and commercial offerings. In 2024, development project The Bend broke ground in Chatta-nooga’s Westside neighborhood, with plans to create a mixed-use site that will drive growth along the riverfront and, as part of the larger One Westside plan, attract over $1 billion in new development. Over the next 10 years, The Bend is slated to bring 1 million square feet of commercial space, 500 hotel rooms, 1,200 housing units, and more to the Westside.
Other projects have breathed new life into historic downtown landmarks, such as the 2023, $19 million renovation of the historic Chattanooga Choo Choo, rebranded as The Hotel Chalet. That same year, work began on converting the nearly-century-old Chattanooga Bank Building into a 148-room Tapestry Collection by Hilton hotel, with completion anticipated this year.
More hotels are in the works. Soon to be welcoming visitors to the Southside neighborhood is a 123-room Hyatt hotel developed by 3H Group, which broke ground last April. Work continues on a 184-room Embassy Suites in downtown – one of the largest new investments in downtown in over a decade. Its developer, Vision Hospitality, also plans to construct a $40 million, 135-room AC Hotel by Marriott at Broad and Main streets. Hotels continue to be built near commercial hub Hamilton Place Mall in East Brainerd, including the completion of a Candlewood Suites and Drury Plaza Hotel last year.
The relocation of the Chattanooga Lookouts stadium, which broke ground last July, has been a catalyst for commercial development. The new South Broad site is projected to attract around $1 billion in new development, with proposals for future construction including mixed-use buildings, apartments, and office space.
In Ooltewah, the Cambridge Square shopping center continues to expand. Last April, the complex constructed a new two-story building and added seven new outlets to its growing lineup of retail and office spaces. Over in East Ridge, a 13-acre shopping center is slated to be redeveloped into a mixed-use site with retail and office space. Additionally, a recent proposal would bring up to $800 million in new housing and retail to East Chattanooga.
Also evolving is the industrial sector. Urban Story Ventures has begun construction on a $28 million industrial complex in the Centre South Riverport Industrial Park along the Tennessee River, with plans to open the facility for occupancy this year. Nearby, the developer also plans to redevelop a 10-acre manufacturing site on Amnicola Highway for commercial and industrial use.
Meanwhile, Hixson’s new North River Commerce Center –
the city’s biggest new industrial park in over a decade – added its second industrial building, part of a $102 million development. Across the Tennessee-Georgia border, the new Cloud Springs I-75 Park is poised to support further industrial growth in the region.
Another burgeoning sector is multi-family housing, with projects across the metro area adding thousands of apartments and condo units. These include a $17 million complex in the Southside, featuring 32 condos and ground-floor commercial space, and The Mill Town development, which involves 1,000 townhomes and apartments to be built over the next four years in and around the old Standard-Coosa-Thatcher Mills building. A 230-unit apartment project in the Westside is also moving forward and would be the first phase in the Westside Evolves plan, which hopes to bring up to 1,700 housing units to the neighborhood. Additional plans would add 344 units in East Brainerd; 621 units on Riverfront Parkway; 236 units in Ooltewah; 336 units in Brainerd; and 100 new condos and townhomes in the Southside.
Together these developments support the region’s growth and aim to enrich the lives of residents and visitors alike.
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