Former Baptist Hospital site in South Knoxville officially sold

Former Baptist Hospital site in South Knoxville officially sold

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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.


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