the foundry micro site book...center one of the “top 10 eco-friendly convention centers in the...

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THE FOUNDRY CHATTANOOGA, TENNESSEE THE NEW GATEWAY TO SOUTH CHATTANOOGA

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Page 1: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

THE FOUNDRYCHATTANOOGA, TENNESSEE

THE NEW GATEWAY TOSOUTH CHATTANOOGA

Page 2: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

THEFOUNDRY

Page 3: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

Our VisionEnvironmental Responsibility And Adaptive Reuse

Plans for this unique 141 acre site envision a live, work and lifestyle destination serving as the gateway to the city of south Chattanooga.The project will embody principles of environmental responsibility including the adaptive reuse of distinctive historic buildings to create a thriving lifestyle destination.

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Page 4: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

446,529Sq.Ft. of New

Retail

421New Hospitality

Units

1,362New Residential

Units

437,288Sq.Ft. of New Office Space

44,580Sq.Ft. Grocery Opportunity

60,000Sq.Ft. Of New

Restaurant Space

“There was a clear consensus that this site represents a unique opportunity in the history of Chattanooga - one which allows us

to celebrate our industrial heritage while making a bold step forward to create a distinctive 21st century place.”

- Perimeter Properties

Page 5: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

THE NEW SOUTHERN GATEWAY

The Foundry WillRevitalise The South Side

Downtown BusinessActivity Is Booming

Adding To New Business Opportunities

This new neighborhood will have an attractive and engaging mix of uses creating a place of commerce and art that inspires creativity, nurtures innovative businesses, and becomes an economic generator for the region.

The core of Chattanooga’s business activity is located in downtown with 62,906 jobs or 32.6 percent of the area’s employment within 3 miles of down-town. That is more than any other metro area in Tennessee, Georgia or Alabama.

The Foundry district, like other down-town districts, each have a distinctive history and market position. Collectively, these districts, serve the greater Chat-tanooga area with familiar and unique shopping and dining destinations.

THEFOUNDRY

NORTH SHORE

RIVER FRONT

BLUFF VIEW ART DISTRICT

CITY CENTER

SOUTH SIDE

MLK / UNIVERSITY

Page 6: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

CENTER OF THE SOUTHEAST

Asheville............................................. 199Atlanta ............................................... 120Biloxi................................................... 461Birmingham..................................... 142Branson............................................. 692Charleston........................................ 439Charlotte .......................................... 314Chicago ............................................ 573Cincinnati ........................................ 343Dallas ................................................ 786Detroit .............................................. 596Gatlinburg ....................................... 135

Huntsville ......................................... 104Indianapolis..................................... 386Knoxville .......................................... 113Lexington......................................... 281Louisville ......................................... 274Memphis ......................................... 317Mobile............................................... 400Montgomery.................................. 235Montreal ......................................... 1,141Nashville ......................................... 135New Orleans .................................. 490Orlando............................................. 558

Pigeon Forge................................... 147Pittsburgh ....................................... 608Raleigh.............................................. 476Richmond........................................ 545Roanoke........................................... 474Savannah......................................... 366Sevierville........................................ 140St. Louis ........................................... 436Tampa .............................................. 575Toronto ............................................ 817Washington, DC ............................ 603

CITY DISTANCE CITY DISTANCE CITY DISTANCE

Chattanooga is conveniently accessed by I-75, I-59 and I-24. Approximately one-half of the nation’s population is located within one (1) day’s drive of the city. Chattanooga is located in the center

of the southeastern United States.

Page 7: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

2017 SUMMARY

5 MILE RADIUS 10 MILE RADIUS 25 MILE RADIUS 45 MILE RADIUS

Population 105,734 261,473 589,150 1,006,297

Households 44,906 113,370 240,278 399,875

Average HH Income $57,997 $60,324 $67,839 $63,004

Median HH Income $42,888 $47,661 $55,138 $50,778

2021 PROJECTED SUMMARY

5 MILE RADIUS 10 MILE RADIUS 25 MILE RADIUS 45 MILE RADIUS

Population 112,448 272,840 605,697 1,031,956

Households 48,826 120,838 252,490 417,701

Average HH Income $69,630 $73,210 $83,063 $76,959

Median HH Income $49,899 $55,730 $64,473 $59,467

2017-2022Demographic Profile & Income Comparison

Page 8: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

ANUNDERSERVED

TRADE AREA$300 million in new residential projects

1,300 new condos, town homes, and

apartments

residential growth has increased nearly 10%

100,000 square feet of new retail space

3 million tourists spend almost

$690 million

University of Tennessee

11,438 students

Easy connections

I-75, I-24, & I-59

180,000Chattanoogians in the city

limits and counting

525,000in the MSA

Page 9: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

Chattanooga is one of the most popular destinations in

the southeast. In fact, Chattanooga attracts

3 MillionVisitors A Year

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WHERE TO EATHonest PintThe Camp House

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Bessie Smith Cultural CenterMcKenzie ArenaMemorial AuditoriumUT at Chattanooga

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Beast + BarrelClumpie’s Ice CreamFoodWorksMilk & HoneyRoot Kitchen & Wine BarSushi NabeTaco MamacitaTotto Sushi & Grill

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NORTHSHOREWHERE TO EAT

Coolidge ParkRenaissance Park

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POINTS OF INTEREST

Back Inn Cafe Tony's Pasta Shop & TrattoriaRembrandt’s Coffee House

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Houston MuseumHunter Museum

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BLUFF VIEW ART DISTRICTWHERE TO EAT

POINTS OF INTEREST

WHERE TO EATHonest PintThe Camp House

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Bessie Smith Cultural CenterMcKenzie ArenaMemorial AuditoriumUT at Chattanooga

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POINTS OF INTEREST

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RIVERFRONTWHERE TO EAT

AT&T Field / Chattanooga LookoutsChattanooga Cycle BoatsChattanooga Ghost ToursChattanooga SegwayCreative Discovery MuseumHigh Point Climbing - DowntownIMAX® 3D TheatreJax LiquorsRiver Gorge ExplorerRock/CreekSouthern Belle RiverboatTennessee Aquarium andChattanooga River Market

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POINTS OF INTEREST

212 MarketBig River / Bluewater GrilleCheeburger CheeburgerHair of the DogPuckett’s Grocery & RestaurantRita’s Ice Custard

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CITY CENTERWHERE TO EAT

Burn’s TobacconistChattanooga Convention CenterChattanooga DucksEPBIgnis GlassMoon Pie StoreRidge Runner Harley DavidsonThe Clemons LoftsTivoli TheaterWarehouse Row

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POINTS OF INTEREST

Chicken Salad ChickCity CafeCommunity PieCupcake KitchenLupi’s PizzaPublic HouseRAW Dance Club Bar & GrillRodizio GrillSing It or Wing ItSticky FingersTupelo Honey

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SOUTHSIDE

WHERE TO EAT

POINTS OF INTEREST

AlleiaClyde’s on MainMeeting PlaceSekisuiThe English RoseThe FEED Co. Table & TavernThe Terminal BrewhouseUrban Stack

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Chattanooga Choo ChooChattanooga MarketComedy Catch at the Choo ChooDeBarge WineryEscape ExperienceFinley StadiumGalleries on Williams StreetSweet & Savory ClassroomTennessee Stillhouse: Home ofChattanooga WhiskeyTrack 29

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SOUTHSIDE

Page 10: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

With the one-gigabit-per-second fiber internet service available to all residents and businesses which is 200 times the speed of the national average, the Gig opens the door to unimagined

ways of conducting business.

CONDUCTING BUSINESS

The core of Chattanooga’s business activity is located in downtown with 62,906 jobs or 32.6 percent

of the area’s employment within three miles of downtown. That is more than any other metro area in

Tennessee, Georgia or Alabama. Another 83,865 workers, or 43.5 percent, is between three and ten

miles of City Center. Over 3,800 firms, employing over 55,000 workers are located in downtown.

Not only are the area’s largest banks, law firms and accounting firms located in the city center,

downtown also boast a diverse and growing mix of manufacturing and service industries including

Alstom, BlueCross BlueShield of Tennessee, Chattem, the world’s first Coca-Cola bottling plant, Unum,

Republic Parking and many more. Regionally, Chattanooga boasts Wacker, Amazon and Litespeed

Bicycles along with a growing and exciting technology based business environment. In addition,

Volkswagen Group of America completed a $1 billion production facility that serves as its North

American manufacturing headquarters and announced in 2014 an additional $600 million

investment and 2,000 additional jobs to produce their new SUV right here in Chattanooga.

Page 11: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

Chattanooga Reels In Rave Reviews

Outside magazine: Named Chattanooga “Best Town Ever” (2011 & 2015)

New York Times: Named Chattanooga 1 of “The 45 Places to Go”

Food Traveler magazine: Chattanooga was one of the “Top 10 Summer Destinations for the Food Minded Traveler”

Travel + Leisure magazine: Named Chattanooga as one of the 5 “Next Great Escapes”

Forbes: Chattanooga has a “budding culinary, cultural and high-end hotel scene”

Men’s Journal magazine: Chattanooga’s 1 of the “South’s New Adventure Mecca’s” and 1 of the “50 Great American Places”

Garden & Gun magazine: “A model of urban renewal, Tennessee’s mountain hideout never misses a chance to reinvent itself”

Atlanta magazine: “There’s so much to discover in Chattanooga, a city that

enchants with its heady mix of the charmingly nostalgic and the thrillingly new”

Seasons magazine: Chattanooga is “one of the cleanest, hippest and most effervescent tourism destinations in the country”

Points North magazine: “Chattanooga offers just the right blend of family-friendly fun and adult-approved sophistication”

U.S. News & World Report: Chattanooga is one of “the best places to retire on $75 a day” & “Chattanooga is nearly surrounded by mountains, and the ���������������� �������through it, offering ample opportunities for outdoor activities.”

Birmingham Parent: Chattanooga is “a great all around family destination that won’t break the pocketbook. It’s fun, affordable, accessible and walkable” & “you can please everyone”

EveryDay with Rachel Ray magazine: Chattanooga is where “miles of appetite-stoking trails await”

Men’s Journal magazine: “Optimistic, affordable, and active through all four seasons, ‘Nooga now draws the same crowd you’d expect in hipster strongholds like Portland and Nashville”

ConventionSouth magazine: Winner of the Readers’ Choice Award (multiple years)

National Geographic Adventure magazine: Chattanooga’s 1 of the “Best Adventure Towns in the U.S. to Live + Play”

Southern Living magazine: “Chattanooga just keeps getting better and better;” and “Chattanooga now shines as one of the most family-friendly, outdoorsy spots in the South.”

Successful Meetings magazine: Named the Chattanooga Convention Center one of the “top 10 eco-friendly convention centers in the nation.”

USA Today: One of the “10 Best American Riverfronts”

Fodor’s Choice Destinations: Chattanooga was named one of Fodor’s “Top Ten Overlooked and Underrated Family Destinations.”

Nashville Lifestyles: “The riverside city is brimming with active pursuits, from rock climbing to hang gliding to standup paddleboarding”

Zagat: Chattanooga is “Packed with dining options, boasting a revitalized downtown and great for a weekend getaway”

The Guardian: Chattanooga was listed as one of the “Top 10 Views and Scenic Stops in the United States”

CNN Travel: Chattanooga’s Tennessee Riverwalk named in “10 of the World's Best City Running Trails”

Why just take it from us?

Here is what everyone

else has been saying about Chattanooga

ACCOLADES

Page 12: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

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Page 13: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

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Page 14: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

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“This latest extension will create hours of enjoyment for our residents and visitors as they stroll

along the Riverwalk.”

- Mayor Jim Coppinger

Page 15: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

A NEW

ADDRESSON THE

TENNESSEERIVER

The Foundry Re-Development A Distinctive 21st Century Place Including:

of distinctive historic buildings

that generates economic growth for the region.

will attract young people, inspire creativity and includes spaces for art and the performance arts.

connections to the CBD for all modes of transportation and transit.

that create a new address on the Tennessee River that fully takes advantage of connections to Ross’s landing, the Riverwalk, and nearby National Park lands.

Page 16: The Foundry Micro Site Book...Center one of the “top 10 eco-friendly convention centers in the nation.” USA Today: One of the “10 Best American Riverfronts” Fodor’s Choice

Contact UsBe Part Of The New South

LEASING INQUIRIESWRS Inc.843.654.7888 Office843.654.7889 Faxwww.wrsrealestate.com