UPDATE: General Manager and President of the Chattanooga Red Wolves SC said they're expecting this project to take three to four years, with the stadium being the first phase. 

"Well our hope is to have the stadium ready at some point in 2020. That's what we're going to aggressively pursue."

The next phase of the project will be the apartments and hotel. He said they're also planning on putting a tunnel under I-75 to connect them with their training facility in Camp Jordan. 

"We're looking to connect the two with a proposed connection underneath the highway, that will allow pedestrian traffic," said Owner of the Red Wolves, Bob Martino. 

McDaniel said the location right at the Tennessee and Georgia border, along with the development in East Ridge made the decision to put their stadium there, a "no-brainer."

"Particularly those that have developed out right at the entrance of Camp Jordan," said McDaniel.

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PREVIOUS STORY: An ambitious plan to develop a "build a state-of-the-art, soccer-specific stadium" in East Ridge was unveiled Thursday.

The Chattanooga Red Wolves SC says the mixed-use development with living, working and entertaining opportunities will be included in the $125 million investment.

Team owner Bob Martino presented renderings and the layout for the area, which will include the first-class professional stadium, housing, retail, restaurants, a hotel and significant green-spaces.

"Today, I am laying out a vision for a community focused soccer and entertainment destination for our region,” said Martino. “The Chattanooga Red Wolves Soccer Club was founded with the ultimate goal of strengthening our community through soccer, and this investment doubles down on my commitment to the region, our players and the soccer community. People will be able to live, dine and play here, and experiencing professional soccer in a unique setting is at the heart of this development.”

The master plan includes 400 apartment and condominium units, 375 hotel rooms, 475,000 square feet of commercial space including the stadium and a network of walking and nature trails. Over the next three to five years, the stadium and surrounding development will create 1,200 new jobs not including construction and other businesses according to the news release.

“East Ridge has never experienced an investment on this level that benefits our community in so many ways,” said Mayor Brian Williams. “Bob Martino could have put this stadium and development wherever he wanted, but he chose our community, and we are so appreciative.

The 100-acre property, which is within the city limits of East Ridge and Chattanooga, is expected to generate between $6 and $7 million in tax revenue each year.

The stadium will also house staff offices, lockers and multiple spaces for the team to meet, review film and train. The entire development complements the team’s training center, which is being built at Camp Jordan. A trail running under Interstate 75 will connect the two areas.

The Dalton Red Wolves and Lady Red Wolves will use the new stadium for some matches, and the facility will be available to host non-sporting activities such as concerts and other events.

Construction is expected to begin over the next few months.