Nearly 170 housing units planned near Chattanooga’s central city

Proposed complex on Central Avenue alone to add up to 60 apartments

Staff photo by Mike Pare / A vacant tract on the 500 block of Central Avenue, shown Monday, is to hold up to 60 new apartments, according to a proposal.
Staff photo by Mike Pare / A vacant tract on the 500 block of Central Avenue, shown Monday, is to hold up to 60 new apartments, according to a proposal.

A developer is planning up to 60 apartments near the central city within about a half mile from three other proposed housing initiatives in Chattanooga.

Together, the developments are to bring nearly 170 new residential units close to the University of Tennessee at Chattanooga and Erlanger Health's downtown campus.

Developer Philip Rossillo said in an interview he hopes work can start in spring 2024 on the more than $10 million development of 30 to 60 apartments on the 600 block of Central Avenue.

Rossillo, developing the project with business partner Miguel Taveras, said with interest rates high and increasing housing costs, the one- to two-bedroom apartments are an opportunity for renters. The first units will likely open later in 2024, said Rossillo, who has a New York address.

The proposal in November won a rezoning of the 1.18-acre parcel from the Chattanooga-Hamilton County Regional Planning Commission.

A filing with the proposal said the primary focus is to provide quality housing for first-time renters and others.

The Regional Planning Agency staff suggested a limit of three stories be put on the project that would sit between Central Avenue and O'Neal Street.

The proposal cited the handful of other housing developments either underway or in the planning stages within close proximity.

At McCallie and Central avenues, a 55-unit townhouse project is underway.

(READ MORE: Townhouse proposal wins OK)

"We're improving the McCallie Avenue corridor," Kaitlin Sims, a civil engineer for the firm LaBella Associates, said at an earlier meeting of the city's downtown zoning committee in support of the townhomes.

Opposite that development, up to 28 apartments are proposed for the same McCallie-Central intersection.

(READ MORE: Apartments proposed for McCallie and Central)

Two buildings are to hold 27 or 28 apartments, said Lauren Dunn, an architect at Chattanooga-based Franklin Architects, in an earlier telephone interview.

In addition, a 24-unit apartment complex aimed at renters earning between $30,000 and $40,000 annually is underway at 621 E. M.L. King Blvd.

Martina Guilfoil, president and chief executive of the nonprofit group Chattanooga Neighborhood Enterprise, said rents will range from mid-$600 a month to mid-$900 monthly in the project.

She said in a telephone interview some people are getting priced out of the rental market in the central city. Guilfoil said the average monthly rent downtown is about $1,300.

Also, a 20-unit apartment complex is planned at Central Avenue and East Fourth Street.

Additionally, a little further away at 2003 Bailey Ave., CNE is seeking to build a 32-unit apartment complex.

Contact Mike Pare at [email protected] or 423-757-6318.

Upcoming Events