Dewhirst buys Free Service Tire building on Magnolia

300-magnolia

David Dewhirst has purchased the former Free Service Tire building, on Magnolia Avenue.

According to county records, the developer paid $850,000 for the property, which is located at the corner of West Magnolia and Williams Street.

Dewhirst — who has redeveloped a number of buildings in downtown Knoxville — said Wednesday that his team is still working on ideas for the property, but he spoke positively about the building’s condition.

“We were very, very pleasantly surprised to find what we found in there below the surface (of the building), below the exterior visual surface,” he said.

The corridor between Gay Street and Central Street is undergoing a renaissance. A group that includes Dewhirst last year opened the Mill & Mine concert venue in a former industrial building on Depot Avenue, while the former Regas Restaurant building has been redeveloped as office and event space. In addition, a six-story, $36 million project that will include condos and restaurant space, developed by Conversion Properties, is planned on the same block.

Hatcher Hill plans new building on Gay Street

316SouthGay

Hatcher Hill Properties has purchased a lot on South Gay Street, and developer Tim Hill said the firm is planning a new building on the site.

According to KGIS, the lot extends about 40 feet south from the Century Building (pictured above). Hill indicated the developers are still finalizing their plans for the structure, but said it will likely include retail and condos, adding that when it comes to the design, “we’d like to go a little higher than the norm down there right now.”

Hill and business partner Mike Hatcher are also part of the ownership group of the JCPenney Building, at 412 S. Gay Street, which was recently redeveloped.

Enjoy reading Bricks and Mortar? You can also get it delivered to your inbox. Just submit your email address in the box at the bottom of the right rail, and you’ll get notifications when a new post has been published.

Owners of Pickle Mansion plan demolition

PickleMansion

An ambitious redevelopment effort is apparently coming to an end.

The owners of the Pickle Mansion have applied to the Historic Zoning Commission for approval to demolish the Queen Anne structure at 1633 Clinch Avenue.

Built in 1889, the building was badly damaged by a fire more than a decade ago. More recently, a development group that included Jon Clark announced plans to restore the structure, but that effort has stalled.

In a text message, Clark said that “I’ve tried every path I could find but it just isn’t feasible to repair the structure.” He added that even the National Park Service has rejected the building as a qualifying property based on the condition and limited remaining elements.

The request is on the agenda for the Commission’s meeting on Thursday. Commission staff are recommending approval, saying that the integrity of the architecture has been compromised to the point it can no longer be reasonably re-established.

Enjoy reading Bricks and Mortar? You can also get it delivered to your inbox. Just submit your email address in the box at the bottom of the right rail, and you’ll get notifications when a new post has been published.

Inside the Marble Alley Lofts in Downtown Knoxville

MarbleAlley1

A visitor on Tuesday looks at the view from a 1,187-square-foot, two-bedroom unit in Marble Alley Lofts. The space is expected to rent for $1,779 per month.

Downtown Knoxville has seen a residential boom over the last decade, but most of the growth has come from the redevelopment of old buildings.

On Tuesday, though, a group sponsored by the Urban Land Institute got a sneak peek at Marble Alley, a new apartment project that’s being built from the ground up at the corner of State Street and Commerce Avenue.

The tour was led by developers Buzz Goss, of Knoxville, and Ross Bradley, of Murfreesboro-based TDK Companies. The project will have 248 apartments wrapped around a garage, giving residents access to covered parking on their own floor.

MarbleAlley2

The target market is young professionals and empty-nesters, and Bradley estimated that 30 to 35 percent of the population will be baby boomers, drawn by amenities such as granite countertops, a fitness center and a pool. While students won’t be explicitly excluded, Bradley said the project was not designed to be student-friendly, citing the fact that 70 percent of the units will have one bedroom.

MarbleAlley3

Project amenities include a “pet spa” near the downtown dog park, with stations that allow guests to wash and groom their pets; a “valet trash” service that offers doorside pickup five to six days a week; and an app that allows residents to submit maintenance requests and pay their rent.

MarbleAlley4

Asked about commercial space, Goss said the goal is to include that in the project’s second phase. Bradley added that in the first phase, the building’s ground-floor units were designed in a way that allows them to be converted to live-work spaces in the future.

MarbleAlley5

Pre-leasing is underway now, and more information can be found at marblealley.com.

Enjoy reading Bricks and Mortar? You can also get it delivered to your inbox. Just submit your email address in the box at the bottom of the right rail, and you’ll get notifications when a new post has been published.

New building planned at former Big Don site, in the Old City

122Central

Rendering credit/Grieve Associates

A new three-story building is in the works for the former Big Don the Costumier site, at the corner of Central Street and Willow Avenue.

A workshop discussion of the project is on the agenda for next week’s Downtown Design Review Board meeting.

Documents submitted to the board say the existing one-story buildings at 120 and 122 S. Central will be demolished, to be replaced by a three-story structure that will include  commercial and residential space on the ground floor, plus additional residential space on the upper two floors.

Enjoy reading Bricks and Mortar? You can also get it delivered to your inbox. Just submit your email address in the box at the bottom of the right rail, and you’ll get notifications when a new post has been published.