Since the debut of Loveman’s on Market four years ago, Chattanooga has experienced an influx of trendy hotspots and condominiums boldly accentuating the downtown skyline.
Loveman’s on Market became the Scenic City’s first urban condominium development and inspired a new trend in downtown living. Since then downtown condominiums have emerged as popular homes of choice for Chattanooga buyers seeking their many amenities not found in suburbia.
According to Darlene Brown of Real Estate Partners, Chattanooga LLC., downtown living allows for countless conveniences including low maintenance, security of home and possessions while traveling; and easy access to entertainment, restaurants, shopping, offices, banking, theater, and museums.
With downtown living, a quiet stroll along the riverfront, an afternoon at BellSouth Park, or an evening at the Chattanooga Symphony and Opera can merely be a few steps from a person’s doorstep rather than a lengthy drive away. Brown says the possibilities found in downtown living appeal to buyers of all backgrounds - from young professionals to retirees and everything in between. She has sold to every imaginable “professional” as well as businessmen and women.
“I have not detected a common demographic with condominium purchasers,” says Brown, who represented Loveman’s on Market. “However, I have detected common desires or reasons to change to an urban lifestyle.” A common trait she has noticed among buyers is the intangible vibrancy towards living that usually accompanies an urban address such as downtown Chattanooga. She notes how the desire to live in or near downtown Chattanooga is heightened by the riverfront development and events such as Nightfall and the Riverbend Festival.
Brown says that while it is true that the first “‘wave” of condominium developments in downtown Chattanooga were primarily catering to the higher end of the market, there is a significant amount of development currently planned or that has already commenced that fills the lower and more moderately priced segment of the condominium market.
The range of recent Chattanooga condominium sales has been $150 to $350 per square foot depending on location and amenities, according to Brown. “Most of the time, at least one or two parking spaces are provided with the condominium purchase price,” she says, noting how this amenity is becoming a requirement, not an option, in order to have a successful project.
“Urban development, due to space and other physical limitations, necessitates an extremely high degree of creativity and aptitude,” Brown notes. “Top quality and workmanship are critical and essential elements for successful developments. Demand will dictate how many condominium developments will be constructed in Chattanooga’s future.”
The Four Seventeen on Frazier
(417 Frazier Avenue)
$599,000 (1,850 square feet) to $720,000 (approximately 2,100 square feet)
These newly constructed condominiums, developed by Jay Floyd and Jimmy Adams of Whitehall Properties, offer urbanites a contemporary and sleek living arrangement in one of the trendiest places in town – North Shore. The condominiums, which Floyd describes as a project “originally sketched on a cocktail napkin,” provide residents with scenic views of the Tennessee River, Tennessee Aquarium, Bluff View Arts District, downtown Chattanooga, and the mountains.
The building’s overall presentation makes it one of the more chic and classy high-rise designs on the market. A rooftop pavilion allows residents to view the city from a different perspective while the lower level of the building features retail and restaurant space.
With The Four Seventeen on Frazier, Whitehall Properties, along with architect Andy Smith and builder T. U. Parks, are presenting Chattanooga with what realtors have labeled a “California cutting edge development” that is “simply elegant.” Floyd worked on development projects in Los Angeles over the past 18 years and remodeled architecturally significant houses from “turn of the century Spanish and Mediterranean, traditional and colonial; minimalist glass and steel contemporary; to 1950’s and 1960’s ‘post and beam.’”
“The architecture of The Four Seventeen on Frazier will be unsurpassed with its timeless lines that are reminiscent of a post-war concrete, steel and glass flatiron ship that conjures up images of how buildings were built in New York City,” says Floyd…. “and the design and build-out of it is intended to capture the cosmopolitan feel that one might expect to find in a major metropolitan area.”
He described the interior layouts as “boutique style urban city homes,” with all 12 of the condominiums having two large bedrooms, two and a half baths and designer kitchens with interior finishing, using European stones and tiles and hardwood floors. State-of-the-art technology, custom cabinetry throughout, abundant natural light, and quality craftsmanship are among the many features that makes The Four Seventeen on Frazier a classic, charming, and smartly designed urban home for buyers. The condominiums offer purchasers over 1,800 square feet of living space, abundant storage, and private and secure parking.
The “pour in place” concrete building features units boasting exposed concrete walls that have been brushed to lend a soft feel and a certain charm; while French doors opening up from the living area and bedroom onto the gallery overlooking Frazier Avenue add an element of romanticism and unique livability.
The contemporary kitchen, adorned with white Carrera marble, features high-end stainless steel appliances, a wine cooler, and abundant cabinet space via handcrafted oak cabinets. The kitchen and baths boast Kohler faucets and sinks. Each unit is pre-wired for sound and a Plasma TV over the gas log fireplace in the main living area.
“I am now starting to see some very unique designs appear with Chattanooga urban condominiums and The Four Seventeen on Frazier represents one of the most unique,” says Darlene Brown of Real Estate Partners, LLC. “Developers Jay Floyd and Jimmy Adams are truly masterful with their design acumen. The quality and workmanship (of 417 Frazier) is over the top.”
Anchored by contemporary design, The Four Seventeen on Frazier is the epitome of the urban way of the future.
Real Estate Partners, Chattanooga LLC
Darlene Brown
(423) 595-0943
(423) 265-0088
River Point
(534 Whitehall Road)
$698,500 (2,900 square feet) to $798,500 (4,000 square feet)
Resting high above the hustle and bustle of downtown Chattanooga lies a place where a panoramic view of the valley becomes a resident’s own private back yard, and where a romantic view of the skyline speaks volumes.
At River Point luxury condominiums atop Stringer’s Ridge, a bird’s eye view of downtown Chattanooga and the mountains makes the location one of the most desirable in town. Real estate professionals, developers, and builders are calling the development “the best of both worlds” because although it is a short distance from the city’s fast-paced downtown and busy North Shore, it also perpetuates a feeling of peacefulness reminiscent of a private and secluded retreat.
River Point is the first multi-family development for Jim Morrison Development. Morrison has built high-end homes in Chattanooga and on Signal Mountain for 24 years. His signature style is “traditional high-end with high-end finishes” says Jill Kisling of Keller Williams Realty Downtown; who also notes that Morrison provides extensive trim packages, hardwood floors, casement windows, traditional stonework, and brick with his properties.
“He makes each one a home,” Kisling says. “There are similarities in floor plans but each home is different.”
River Point offers 22 units featuring open floor plans ranging from two to three bedrooms on three levels. In keeping with a traditional flavor, Morrison chose the classic American Georgian style of architecture for River Point to meet the timeless demands of Chattanooga’s current style.
An award-winning designer kitchen in each unit includes granite countertops, stainless steel appliances, and a work island for cooking or gathering. The bottom level features 10-foot ceilings, a den/media room, exercise and laundry area, fireplace, wet bar, and a two-car garage. The top level boasts two bedroom suites with their own private baths and balconies overlooking the city; as well as a library, and two “cubbies” fully finished to be used for storage or an office. An elevator provides residents with convenient mobility.
The master bedroom on the main floor has private French doors leading to a large deck with city views, and a master bath with garden tub, separate his and her vanities framed in granite, and two walk-in closets. Each unit is also wired for surround sound and a security system.
The property is carefully landscaped to maximize the city view. A combination of abundant living space, detailed trim work, high ceilings, and hardwood floors makes River Point feel more like a traditional house without the high maintenance and upkeep.
Keller Williams Realty Downtown
Jill Kisling
(423) 595-3359
(423) 664-1600