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Developer proposes $40 million downtown Chattanooga riverfront project

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A Nashville company is eyeing one of the biggest housing and retail developments ever proposed for downtown Chattanooga's riverfront.

The project, estimated at $40 million, would put about 70 cottage homes and 200 apartments on an 11-acre waterfront site just across Riverfront Parkway from the old Newton Chevrolet dealership near M.L. King Boulevard.

"We've been drawn to downtown Chattanooga," said Aaron White, a principal in Evergreen Real Estate. "We've been looking for something the last four years or so. We're excited about it."

Read more from our news partners at the Times Free Press.

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