Former Baptist Hospital site in South Knoxville officially sold

Former Baptist Hospital site in South Knoxville officially sold

Posted:
The property was sold to Riverwalk Investors of Augusta, Ga. for a total of $6,250,000. The property was sold to Riverwalk Investors of Augusta, Ga. for a total of $6,250,000.

KNOXVILLE (WATE) - Sale of the former Baptist Hospital site in South Knoxville was formally approved Monday to a group of investors from Georgia.

The property was sold to Riverwalk Investors of Augusta, Ga. for a total of $6,250,000. 

Knox County Commission approved in October a 30-year, $22 million TIF (tax increment financing) project for the land. The development project calls for luxury apartments, student housing, a hotel and restaurants.


More:

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WATE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.