Yesterday, Mayors Tim Kelly + Jim Coppinger announced a new revitalization plan for the South Broad district in Chattanooga, TN.
After more than two decades of sitting vacant + years of studies, 140 acres of the former US Pipe and Wheland Foundry site will become a vibrant, live-work-play community and the site of a new multi-use stadium which will host the Chattanooga Lookouts (AT&T Field will go to River City Co. for use in the ONE Riverfront plan).
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Mayor Tim Kelly said the development will revitalize, renew, and reinvest in the South Broad District. | Photo by NOOGAtoday |
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The plan
The stadium serves as a catalyst for the project, but the development expands the full 140 acres of the site.
The first phase of the project will attract over $300 million in private investment to build multi-family residential buildings, a class-A office building, and the multi-use stadium.
The stadium will be owned by the Chattanooga Sports Authority — a new entity formed by the City of Chattanooga + Hamilton County — to host the Lookouts and other community events.
Additionally, a new exit from Interstate 24 will be constructed leading to the development.
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After decades of vacancy, a new revitalization plan has been announced for the South Broad District. | Rendering provided by the City of Chattanooga |
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Budget + funding The construction of the stadium will cost ~$79.5 million. 96% of funding to construct the stadium comes from the project itself: -
63% | from property tax on the new private development
- 22% | from the Lookouts $1 million + annual lease payments
- 6% | from state sales tax generated in the new stadium
- 4% | from parking revenues from stadium events
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1% | from local sales tax generated in the new stadium
4% of funding comes from the city + county.
Benefits
According to the plan, within 5-7 years, the project is expected to generate more revenue than necessary to pay the bond used to fund the stadium construction — allowing surplus funds to be directed to infrastructure needs + other projects in the district.
Additionally, over the next 30 years, the project is expected to generate at least $40 million in additional education funding for Hamilton County Schools, without raising taxes for residents.
According to Mayor Kelly, the project will create a brighter, cleaner, and more accessible area for South Broad residents + a gateway from Hamilton County to the City of Chattanooga. |
Share the big news with your fellow Chattanoogans or anyone interested in city revitalization projects. |
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Today -
Carpetbagger’s Comedy Night | Fri., July 1 | 9 p.m. | Bode Hotel | $10 | NYC comics and Southern favorites come together for this comedy show — pro tip: get there at 8 p.m. for Bode’s pre-show happy hour.
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“Blue and Yellow” Opening Reception | Fri., July 1 | 5-8 p.m. | In-Town Gallery | Free | During the month of July, In-Town Gallery will feature artistic pieces in honor of the people of Ukraine.
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Chattanooga Lookouts vs. Birmingham Barons | Fri., July 1 | 7:15 p.m. | AT&T Field | $6+ | Celebrate Independence Day weekend with a spectacular post-game fireworks show, presented by Charlotte Mabry Team - Keller Williams. ⚾ *
Saturday - Edley’s BBQ & Bourbon Benefit for Veterans | Sat., July 2 | 12-5 p.m. | Edley’s Bar-B-Que | Price of purchase | Celebrate Independence Day with local veterans during an afternoon of bourbon sampling and barbecue.
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Riverfront Nights | Sat., July 2 | 7 p.m. | Ross’s Landing | Free+ | Fresh Mind will open this summertime music series along with Sail On, a Beach Boys tribute band.
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Pops on the River | Sat., July 2 | 5:30 p.m. | Coolidge Park | Free+ | Enjoy a fireworks display and performances from R&B group Love, Peace & Happiness + the Chattanooga Symphony & Opera. 🎆
Sunday - Red, White, and Blueberries | Sun., July 3 | 11 a.m.-3 p.m. | First Horizon Pavilion | Free+ | This market celebrates blueberries galore and the return of the blueberry pie-eating contest. 🫐
Plan Ahead - Summer Pop-Up at GALLERY 1401 | Sat., July 9-Sun., July 10 | 11 a.m.-6 p.m. | 1478 Market St. | Free | GALLERY 1401 is featuring six emerging artists in this two-day, casual, indoor/outdoor art festival, as well as new small works from its established artists. *
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We have a monthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends. |
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Looking to get a trim or clean shave? Enter: Scout’s Barbershop, Chattanooga’s newest place where everyone in the family can get a fresh cut. Located in the heart of downtown on Market Street (next door to SPENGA), this is Scout’s seventh location, but the first shop in East TN. |
The new location can be found at 1705 Market St., Ste. 103. | Photo provided by Scout’s Barbershop |
Scout’s Chattanooga features eight chairs and offers services for the whole family, including: - Short cuts (starting at $29): A cut above the chin with clippers and/or scissors.
- Long cuts (starting at $40): A cut for hair that is longer than chin length — includes a shampoo and rough dry.
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Beard + shave services, including straight-razor shaves ($35) and beard trims ($10).
- A full color menu ($50+) including all-over color, highlights, balayage, grey-cover, or fun fantasy color.
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Facial waxing for ears, nose, upper lip, and eyebrows. Choose one service for $12, two for $20, or three for $30.
- Kids cuts ($22): A cool cut for kids 10 years old and under.
Keep reading for more perks (looking at you, haircut beer). Already in? Customers are encouraged to call ahead (423-654-3798), book an appointment online, through the app, or simply walk in any day of the week.* |
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Weather
- 89º | Partly cloudy | 20% chance of rain 🌤️
Closed -
Ziggy’s, a restaurant + bar that also doubled as a live music venue for many local artists, officially closed this week. The decision to close the space follows the death of owner Michael Wood earlier this month. We’ll miss nights at the Music Box. ❤️ (Chattanooga Times Free Press)
Opening -
QuickStrike, a local sneaker + vintage clothing retailer, will open its new location tomorrow, Sat., July 2. The grand opening celebration will feature live music, food vendors, giveaways + more. QuickStrike was previously located at Preferred Plaza on East Brainerd Road. 👟
Community -
The Lighthouse Collective + other local organizations will partner to host “No Smoke Sundays” each Sunday in July at Miller Park. This event series, which kicks off this Sun., July 3, is aimed at addressing recent gun violence by providing a safe space for local youth to gather. 🚸 (Chattanooga Times Free Press)
Arts -
ArtsBuild recently announced the recipients of its annual round of Mission Support grants — a grant that provides general operating support for local arts organizations. Awarding a total of $525,000, ArtsBuild will support 19 local organizations, including Art 120 + the Chattanooga Ballet, during the upcoming fiscal year. 🩰 (Chattanoogan.com)
Tech -
Tech Goes Home will begin offering a new series of Work Ready courses on Wed., July 6 — providing free weekly classes about common workplace computer programs. Teacher Edition courses, which focus on learning platforms + STEM-related technology, will also take place Mon., July 25-Tues., July 26 for Hamilton County Schools teachers. 💻
Festival -
Tickets for this year’s Chattanooga Motorcar Festival — taking place Fri., Oct.14-Sun., Oct. 16 — are now available. Registration is also open for the festival’s Canossa Fall Rally, Concours d’Elegance, and Pace Grand Prix at the Bend. Proceeds from the festival support Alzheimer’s + neuroscience research.
Biz -
Chattanooga’s Double Cola Company has launched “100 Days of Double Cola” to celebrate its upcoming 100-year anniversary. The centennial celebration will feature a series of events over the next few months, culminating with the Double Cola “Will This Float” pitch competition at this year’s Startup Week CHA in October. 🥤
Holiday -
As the Independence Day holiday approaches, the Hamilton County Sheriff’s Office has offered several safety tips for your festivities. Some to keep in mind: store fireworks + matches away from children, follow manufacturer warning labels on all fireworks, and keep pets secured in a quiet part of your home. 🎆
Sports -
The Chattanooga Lady Red Wolves will host their final home match against Southern Soccer Academy tonight at 7:30 p.m. at CHI Memorial Stadium. To advance to the USL W postseason region championships, the team — currently ranked at No. 2 in the league — must win the next two matches.
DYK -
Did you know that the Tennessee Aquarium has been involved in a ~40-year effort to restore the Southern Appalachian Brook Trout? The Tennessee Wildlife Resources Agency originally initiated the campaign back in the 1980s. Since then, several organizations have partnered together to conserve Tennessee’s only native trout species. (The Pulse)
Correction -
OMG, we called EMJ EMG. In yesterday's newsletter, we mentioned the news that EMJ Corporation is building a new headquarters at One Park Place on Lee Highway. However, we mistakenly called the corporation EMG Corp. instead of EMJ Corp. We've since fixed the mistake on our website.
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Clumpie’s Firecracker ice cream — which features a healthy dose of Pop Rocks — came in at No. 12 on Livability’s list of the Most Unique Ice Cream Flavors in the US.
Grab a scoop to get a taste of fruity fireworks for the Fourth of July holiday.
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Editor's pick: I couldn’t get enough of it, so I’ll be back at Carpetbagger’s Comedy Night at the Bode Hotel this evening. Word on the street is there will be a surprise secret comic joining the roster for the night.
Our only hints are that they have been on all the top late-night shows + festivals like Conan, Fallon, SXSW, and more. I have some guesses, but I’m excited to see who makes a surprise visit to Chattanooga tonight.
Missed yesterday's newsletter? What’s the deal with PAW? |
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