Massive redevelopment project planned in South Knoxville

Massive redevelopment project planned in South Knoxville

A rendering of The Bridges at Riverside. A rendering of The Bridges at Riverside.
Another drawing of the proposed development. Click to enlarge. (Source: Blanchard & Calhoun) Another drawing of the proposed development. Click to enlarge. (Source: Blanchard & Calhoun)

6 News Reporter

KNOXVILLE (WATE) - Multiple high rises, a riverfront walk, a hotel and apartments to house more than 1,000 people are among the plans included in a large redevelopment project on the South Knoxville waterfront.

The city is teaming together with Georgia developer Blanchard & Calhoun to build a mixed-use development that includes residential, retail, office space and restaurants.

The development, entitled "The Bridges at Riverside," will occupy multiple blocks of property and span both sides of the Henley Bridge.

"By having this mixed-use, that's what the south waterfront plan calls for, it'll be like our downtown area and it'll have a lot more vitality," Knoxville Mayor Madeline Rogero said.

On Tuesday morning, Blanchard & Calhoun CEO Vic Mills announced plans for 300 luxury apartments overlooking the city, 225 student housing suites, a hotel with 150 rooms and a conference and wellness center, and 40,000 square feet of retail and office.

"The apartments will have structured parking, which means the parking deck and the apartment units will wrap around the deck," Mills said.

Mills said he expected more than 1,000 people to work at the development once completed.

All but two buildings on the 23-acre property will be demolished.

Construction on The Bridges at Riverside is scheduled to begin towards the end of 2013 and wrap up mid-2015. The luxury apartments are expected to be finished late 2014.

The site will go along with the city's plans for Suttree Landing Park in the Old Sevier neighborhood where a river walk, arboretum, children's play area and festival lawn are in the works.

Developer Blanchard & Calhoun told 6 News in January that they had entered into a contract for the Baptist building.

The developer also has other projects in the Knoxville area like the Brooklawn Village Shopping Center in Farragut, where a Kroger Marketplace is located.

South Knoxville business owners told 6 News the development plan is welcomed news.

"People are starting to notice that they better start investing out here now," owner of Emery's 5 & 10, Ron Emery, said. "Something really big happening in South Knoxville will bring attention to this area and show that it's really getting ready to take off."

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