Groundbreaking Ceremony Marks the Launch of Central Crossing: A $17 Million Development Project
The vibrant Southside of Chattanooga has just taken a significant step forward with the groundbreaking ceremony for Central Crossing, a transformative mixed-use development set to reshape the neighborhood. This $17 million project promises to bring modern living and commercial opportunities to one of the city’s most dynamic areas.
A New Vision for Chattanooga’s Southside
Central Crossing is designed to be a cornerstone of the Southside community, featuring a blend of residential condos and commercial spaces. With construction now underway, this development will provide residents with stylish, modern living options and offer businesses a vibrant environment to thrive.
Matt McGauley, CEO of FTC Development and Co-Managing General Partner of Aslan, expressed enthusiasm for the project: “We are delighted that Central Crossing will soon be part of Chattanooga's Southside community. We are eager to join this dynamic neighborhood and contribute to its continued evolution. This building will be unlike any other design in the region.”
Partners in Progress
Central Crossing is the result of collaboration among several esteemed partners:
- Aslan: A real estate holdings company headquartered in Chattanooga, Aslan is known for its extensive commercial real estate portfolio and successful track record in development and property management. Their commitment to sustainability and community enhancement aligns perfectly with the vision for Central Crossing.
- FTC Development: Chattanooga’s oldest real estate firm, FTC has over a century of experience in project management and development. Their expertise in fostering long-term relationships ensures that Central Crossing will be a project rooted in community and growth.
- Ally Architecture: Known for their innovative designs, Ally Architecture brings a fresh perspective to the project, ensuring that Central Crossing stands out as a unique addition to the Southside skyline.
- Modus Build: This construction firm is dedicated to delivering high-quality builds with an emphasis on collaboration and efficiency, ensuring that Central Crossing is constructed to the highest standards.
- SVN Second Story Real Estate Management: Specializing in commercial leasing, SVN Second Story plays a vital role in maximizing the potential of Central Crossing’s retail spaces, helping businesses find their perfect fit within the development.
- Builtwell Bank: As a financial partner, Builtwell Bank supports the project through innovative financing solutions, ensuring the successful realization of Central Crossing’s vision.
- The Robinson Team: With their expertise in residential sales, the Robinson Team is committed to connecting potential homeowners with the beautiful condos that Central Crossing will offer.
What to Expect
Once completed, Central Crossing will feature a variety of living options, including 23 one-bedroom condos, six two-bedroom condos, and three spacious three-bedroom units. Additionally, the development will house commercial spaces ranging from under 1,000 to 2,000 square feet, ideal for restaurants and retail shops.
Residents and visitors can look forward to amenities such as a rooftop terrace with outdoor kitchens, fire pits, and communal gathering spaces, making it a perfect spot for both relaxation and socialization.
A Bright Future Ahead
As construction begins, the excitement in the community is palpable. Central Crossing is poised to become not just a development but a hub of activity, connecting people, businesses, and opportunities in Chattanooga's Southside. The groundbreaking marks the start of an ambitious project that promises to enhance the quality of life for residents and contribute to the ongoing evolution of this vibrant neighborhood.
Stay tuned for updates as we watch Central Crossing take shape and redefine the Southside experience!