Q Strategies worked with multiple project partners to gain maximum publicity for a major development project, including SEI Ventures, GreenTech Homes, SecondStory Real Estate Management and others. View links to the coverage we gained as well as the full release below. More photos and interviews are available to members of the media by request. Note that we are honoring social distancing during these interviews even though the angle of the photos may make people appear closer together. Special thanks to all the reporters working diligently to bring us all the news during the pandemic.
Burnside complex to bring condos, steakhouse, commercial development to Chattanooga's Southside
By Dave Flessner, Chattanooga Times Free Press
March 28, 2020
As a caterer, investor and enthusiast for the diversity of urban life, DeDe Dubose Engsberg was an early believer in the potential of the redeveloping Main Street and downtown Chattanooga's Southside.
She and her husband, Towson, live on Main Street where they own three properties and have watched the spreading redevelopment along Main Street. Read full story.
$25M mixed use community announced for Chattanooga's Southside Monday
by WTVC, March 30
Investors with the Burnside Development have announced that something new is coming to Chattanooga's Southside neighborhood.
The partnership between SEI Ventures of TN, LLC and GreenTech Homes on Monday says a new multi-site community will be created at the Andrews Box Paper company, located at 2100 Rossville Avenue. Read full story.
RESPONDING TO THE 2020 CENSUS + NEW SOUTHSIDE DEVELOPMENT
By Chloe Morrison, March 31, NoogaToday
A new $25-million Southside development is in the works at 2100 Rossville Avenue, where investors are planning 60,000-square-feet of retail, commercial, apartments + restaurant space. There will also be 42 townhomes in the development, called The Burnside. The project is a partnership between SEI Ventures of TN and GreenTech Homes. Read full article.
$25 MILLION MIXED-USE COMMUNITY DEVELOPMENT COMING TO CHATTANOOGA’S SOUTHSIDE
by Joeli Poole, WDEF, March 30, 2020
A fresh new look is coming to Southside next year. Investors announced a development of a new mixed-use community on Rossville Boulevard. Read full story.
Contact: Kelly Allen
Cell: 423-520-6883
FOR IMMEDIATE RELEASE
$25 MILLION MIXED-USE COMMUNITY ANNOUNCED IN CHATTANOOGA’S SOUTHSIDE
Restaurant, Commercial, Apartments and Townhomes Planned for Burnside with Joint Investment from local developer SEI Ventures and GreenTech Homes
CHATTANOOGA, Tennessee — (March 30, 2020) Investors announced the development of a new community at the Andrews Paper Box Company site located at 2100 Rossville Avenue. The project will initially include 60,000 sq. ft. of retail, commercial, apartments and restaurant space, as well as 42 townhomes. The Burnside Development is a partnership between SEI Ventures of TN, LLC and GreenTech Homes.
Number Ten Steakhouse will open a Chattanooga location and anchor the mixed-use development. The restaurant’s flagship location is in Great Barrington, MA, and this will be their second location, where they will offer a classic steakhouse experience at an affordable price. The menu will be unique to Chattanooga, with a focus on regional and sustainable ingredients.
“Chattanooga blew us away with its unmatched market growth,” said restauranteur Vern Kennedy. “The city’s flourishing demographic makes it the epicenter of investment and growth in the region. Combined with the Southside’s style and atmosphere, this is the perfect place for us to expand Number Ten Steakhouse.”
The development of a full community will revitalize an overlooked corner of the Southside.
“We’re bringing new life to an industrial site formerly used as a metal scrap yard,” said investor DeDe Engsberg. “This property will have a huge impact on the Southside. It was also important for us to find a location we could invest in where no one was being displaced from their home. This site has so much history and possibility for the future, we’re thrilled to announce this investment and our vision for Burnside. We’ve invested in the Southside for more than 20 years, and we know that this next venture will draw even more residents to our favorite side of town.”
The site is named after Oliver Burnside (O. B.) Andrews who built the original factory buildings in 1912. The project will draw on its industrial past, blending exposed brick with natural light to create a unique visual experience. Two of the original buildings will be used in the new development of the commercial space and apartments. The first floor of the larger building is reserved for restaurants and retail, and the second floor offers commercial office space, which is available to customize and lease with Kelly Fitzgerald at Second Story Real Estate Management. The third floor will be home to 17 apartments as well as common space and a train observation deck.
GreenTech Homes will build 42 townhomes with a variety of floorplans and include both 2-story and 3-story homes. They will range in size from 1,800 to 2,200 sq. ft. The area will focus on shared green space, outdoor living, multiple porches for every home and modern design.
“This is just what our homebuyers say they are looking for in the Southside,” said Chris Anderson, director of development at GreenTech Homes. “Walking access to restaurants and shops, shared outdoor space, places to walk their dogs and low-maintenance living -- this development will offer all that and more.” GreenTech expects presales to begin in the summer. The commercial buildings are already under construction, and full completion is expected in the spring of 2021.
A 5,000 sq. ft. building in the complex has been purchased by Method Architecture and will house the firm and offer commercial office space for lease.
SEI Ventures is leading the design and development of the project. Financing for the project is through Renasant Bank in Atlanta. Croxall Construction is the general contractor, and Tom Bartoo of Method Architecture is the architect of record on the project. Learn more about Burnside at burnsidetn.com.
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About Burnside:
This collaborative project will dramatically revitalize this overlooked section of the vibrant Southside. DeDe and Towson Engsberg have long invested in the Southside, including projects at 55 E Main, 509 E Main, 309 E Main, and 1501 E 16th St as well as projects in St. Elmo and East Chattanooga. Learn more about Burnside at burnsidetn.com.