RCS Represents Developer in Lenoir City, TN Re-Zoning Meetings
REDBUD Construction Services’ Chief Manager, Shawn Van Dyke, recently represented The Tetra Companies (a Virgina Beach, VA based real-estate development firm) in several Loudon County Planning and Lenoir City Council Meetings for the purposes of re-zoning Tetra’s 267-acre Mixed-Use development, Town Creek Center.
Shawn appeared before the County and City Council and presented an overview of Tetra’s vision for Town Creek Center. An article appeared in The Loudon County News-Herald summarizing the specifics of the re-zoning request:
The first rezoning was of 189.51 acres R-3 and C-1 (high density residential and neighborhood business) to the C-3 highway commercial district. Secondly, 32.78 acres was rezoned from C-1 and O-1 (office professional) to the R-3 district to provide Tetra with an adequate plat to potentially construct medical offices — a complex of sorts — near and around planned apartments, which is the basis of the R-3 zoning request. Another 45.44 acres was rezoned from C-1 to O-1 in order to further plan the aforementioned medical complex.
Below is the Conceptual Site that was presented along with a Conceptual Landscape Buffer for the SW portion of the site.
REDBUD Construction Services is currently managing on-going construction activities at Town Creek Center which include the construction of Town Creek Parkway, the infrastructure and utilities, a $4M bridge over Town Creek, and prepping the site for a national Home Improvement retailer.
Leading Power Center Developer Coming to Town Creek
REDBUD Construction Services provides Project Management services to the Tetra Companies for their Town Creek Center development, and they have issued a new press release today.
Lenoir City, TN Project Accelerated With Addition of Renowned Retail Developer
LENOIR CITY, TN, September 10, 2008: The Tetra Companies-a leading real estate development and management company in the Southeast & Mid-Atlantic-today announced that a nationally recognized big box developer has contracted to develop the 88+ acre Power Center component of its 267 acre Town Creek Center development in Lenoir City, Tennessee. The Power Center Developer will announce its plan for the project upon conclusion of negotiations with key anchor tenants.
The Power Center will complement the other components of Town Creek Center which include a home improvement retail center, medical office park, multifamily community, active senior community and neighborhood commercial. The first phase of Town Creek will be open in 2009 with completion of the entire project anticipated in 2013.
Michael McNally, principal & co-founder for The Tetra Companies, said,
“We looked long and hard at a great many developers to work with on the Power Center component of Town Creek and had identified this specific player for this project. We are very pleased with the development team we have in place.”
Knoxville’s RiverWalk Like Chattanooga’s River Landing
They say that ‘imitation is the sincerest form of flattery.’ Based on that, the South Knoxville waterfront is going to be quite flattering to Chattanooga’s river front developments.
Josh Flory writes on Saturday’s (August 9, 2008) Knoxvillebiz.com about the similarities between the river front development planned for Knoxville and what has proven to be a success in Chattanooga.
A high-profile development team on Friday unveiled plans for a condo/restaurant project along the south shore, to be between the Gay Street Bridge and the James C. Ford Memorial Bridge, formerly the South Knoxville Bridge. Dubbed RiverWalk Landing, the venture would include approximately 60 condominiums as well as restaurant space, and would be developed by Cardinal Enterprises and Chattanooga-based KPH Development.
You can find out more about the South Knoxville Water Front developments at the city’s website.
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