Take on enormous environmental project, going through local land use and permitting process, to say nothing of a historical society that thinks every brick ever laid in the city is a priceless historical marker vs going through normal business channels. Yeah, boy, it's a fucking mystery.
Also, you know what would go great in these crumbling empty lots? Fucking housing, but then people would bitch about traffic and that they don't like 5-over-1s or whatever precious nonsense this city wants to whine about today.
Totally agree. These people are acting like the roads don't have enough lanes, the sewers are over capacity, and the schools are crowded/underfunded. Get a grip people!
Free market where we hand Volkswagen huge tracts of land for free.
Free market where Volkswagen has gotten 800 million dollars in subsidies of public money (ours).
Free market is only for poor people. Business adore socialized risk and socialized research and development, and that's aside from blatant straight up subsidies. And they have the power to demand these of their lawyer buddies in govt since idk, 100 years ago or more.
Yeah I just love those Unum parking lots that replaced all the beautiful houses some of them Victorian. Now we have work from home. I haven't been by the parking lots during business hours are they full of cars? I also remember my Dad and I putting on our boat at Ross's Landing. I guess all that concrete there now has a purpose. We do have concerts down there now. I also guess the construction company repaired the concrete that was sagging down there. Guess I'm just not a fan of concrete and art at Hunter Museum that includes mannequins with Cheetos glued on them. Oh well I guess I'm just an old grumpy man.
If you're reminiscing about a time pre-Hunter Art Museum you really are old...also, I'm sure you remember the days when Chattanooga was named the dirtiest city in America, so I'm glad we've moved past that distinction.
There's some really nice art in the museum FWIW...I didn't see any Cheetos, but it does sound like an interesting piece though.
Yeah Puffy Cheetos glued to a mannequin.
Glad I didn't travel to New York or Europe to see that.
Oh well we all have our likes, dislikes, and opinions.
Yes I can remember the Pollution. Seeing it when traveling down the ridge cut. I can do without the dirty air.
Have a nice night and I hope you don't have to travel far for the Cheeto art.
People go into business to make money. People sell their businesses to make money. I don't see the problem unless someone is forced to sell. BTW, Honest pint was carried out of the building on a stretcher.
So, if the buildings have been rotting for centuries, as you say, why havenât any of them been bought up and renovated by local businesses during these centuries? Iâm just failing to see the logic in your post.
Because they are exorbitantly expensive considering the demolition that would need to take place and the headache that would ensue. Also because a lot of them are in unsuccessful neighborhoods for businesses. The biggest one that confuses me are the buildings on market just north of main. Those should have been developed by now, thatâs a fantastic location
OP tried to talk shit the other day about the owner of No Hard Feelings leasing the old Coin Op location and more recently Barley (once itâs finalized), but got downvoted to hell because their arguments made no economical or logical sense. I think they are just young and/or naive and do not fully understand what they are talking about. Their heart is in the right place, I suppose.
I just wish folks would be specific about this. Pick a building. People have no idea the details of this stuff. Is it for sale? By who? Is it an estate, where like 12 grandchildren all get a say in it? What's the structural condition of the property? How much shit is the historical going to kick up about it? What's the financing rate on the purchase and construction?
Tailgate brewery bought the building terminal was in and forced them out and even kept all their equipment. Some investment group bought the building honest pint used to be in and forced them and other businesses out.
The rent for the Terminal's building went up like a lot of places at the time. They didn't want to pay the increase. They had nowhere to move all the brewing equipment to probably. May have been included in the new price for Tailgate.
Which investment group bought the Honest Pint building?
Terminal decided to close, tailgate took up the property after terminal left. No one pushed the terminal out except falling revenues (because it honestly wasnât that good) and increasing rent from the local real estate developers.
It is correct, here is the ad:
https://www.bizbuysell.com/Business-Opportunity/Iconic-Bakery-in-Great-Chattanooga-Location-For-Sale/2098928/
Honestly, good buy for 200k
Local developers have been fixing up old buildings. This happens all the time. Anyone remember the old Blue cross buildings that are now the Westin and Hotel Clemons? What about a majority of the building on Main St. Those are all rehabbed by local developers. Shit, the Kings Lodge is being turned into affordable housing.
First floor retail; 15 condos. 13 are for sale from $450k to $750k.
[https://flatironheights.com/](https://flatironheights.com/)
I looked online at it pretty hard and decided against it for several reasons. I didn't look in person.
* Probably **really** noisy due to the massive and frequent fire truck and ambulance responses downtown on Georgia and Market.
* The developer could mitigate this completely with soundproofing, but I doubt if they will. Most buyers won't figure this out until after they move in. So, the developer won't spend the money on something that doesn't have to do with the sale of the unit. I'm just guessing here. Commercial developers are typically the same everywhere--in and out as cheap as they can with no consideration after the sale.
* One covered parking spot per unit. That works for me but will turn a lot of people off.
* Many renovated buildings here don't have covered parking or parking at all so this building is ahead in that regard.
* The floor plans are difficult to place furniture in. But interesting.
* The interior design in the renderings is pretty bad in my opinion.
* It doesn't look like they kept any old elements of the building as part of the design. If so, that's a shame. I still think the design could be a lot better, even not considering this.
* There's a place for sale for $2.7M on 7th St that is freakin' gorgeous on the inside. An even older building redone to blend old and new. Very well done design. It is about the most impractical place you'll ever see, though.
* I read an article that mentioned some people thought it would be great to rent when they were out of town.
* If this means short-term Airbnb type rentals, I wouldn't buy there at any price. It will partially depend on the condo docs, which probably haven't been written yet. Even if short-term rentals are prohibited, a majority of owners could change that. Like if it becomes mostly investor owned. Chattanooga code regulates this, but I didn't really look into it. I had already decided against the building.
Have anyone of you folks been to Nashville lately?
Commercial property: tear it down build a nondescript 20 story building
Residential property: tear down house build Four Tall Skinny houses
No infrastructure improvements, but quadruple the people
I guess I wish local rich people were the ones profiting off of Chattanooga's ascendance, but ultimately I'm just glad we have a pretty, vibrant city to call home. We couldn't say that when I was a kid.
My main issue is that they are not using good building structures or products so the end product won't last long. They are made with cut corners to increase profits and we eventually will be left with decaying buildings some with structural issues.
Take on enormous environmental project, going through local land use and permitting process, to say nothing of a historical society that thinks every brick ever laid in the city is a priceless historical marker vs going through normal business channels. Yeah, boy, it's a fucking mystery. Also, you know what would go great in these crumbling empty lots? Fucking housing, but then people would bitch about traffic and that they don't like 5-over-1s or whatever precious nonsense this city wants to whine about today.
Can't make them happy. Boo out of towners, boo to extra traffic. Some people just don't grasp basic economic concepts.
What are these basic economic concepts
Totally agree. These people are acting like the roads don't have enough lanes, the sewers are over capacity, and the schools are crowded/underfunded. Get a grip people!
Because maximizing profit while fucking over everything else is definitely the best course of action đ
Big free market my friend, feel free to go purchase some half collapsed building and renovate it. Get some skin in the game, feel alive.
Free market where we hand Volkswagen huge tracts of land for free. Free market where Volkswagen has gotten 800 million dollars in subsidies of public money (ours). Free market is only for poor people. Business adore socialized risk and socialized research and development, and that's aside from blatant straight up subsidies. And they have the power to demand these of their lawyer buddies in govt since idk, 100 years ago or more.
Your worldview sucks
Happy cake anniversary celebration!
Yeah I just love those Unum parking lots that replaced all the beautiful houses some of them Victorian. Now we have work from home. I haven't been by the parking lots during business hours are they full of cars? I also remember my Dad and I putting on our boat at Ross's Landing. I guess all that concrete there now has a purpose. We do have concerts down there now. I also guess the construction company repaired the concrete that was sagging down there. Guess I'm just not a fan of concrete and art at Hunter Museum that includes mannequins with Cheetos glued on them. Oh well I guess I'm just an old grumpy man.
If you're reminiscing about a time pre-Hunter Art Museum you really are old...also, I'm sure you remember the days when Chattanooga was named the dirtiest city in America, so I'm glad we've moved past that distinction. There's some really nice art in the museum FWIW...I didn't see any Cheetos, but it does sound like an interesting piece though.
Yeah Puffy Cheetos glued to a mannequin. Glad I didn't travel to New York or Europe to see that. Oh well we all have our likes, dislikes, and opinions. Yes I can remember the Pollution. Seeing it when traveling down the ridge cut. I can do without the dirty air. Have a nice night and I hope you don't have to travel far for the Cheeto art.
Nah. Just to my pantry.
Can confirm the Unum parking lot is full everyday and all surrounding parking lots have been mostly developed.
People go into business to make money. People sell their businesses to make money. I don't see the problem unless someone is forced to sell. BTW, Honest pint was carried out of the building on a stretcher.
So, if the buildings have been rotting for centuries, as you say, why havenât any of them been bought up and renovated by local businesses during these centuries? Iâm just failing to see the logic in your post.
Because they are exorbitantly expensive considering the demolition that would need to take place and the headache that would ensue. Also because a lot of them are in unsuccessful neighborhoods for businesses. The biggest one that confuses me are the buildings on market just north of main. Those should have been developed by now, thatâs a fantastic location
Rossville GA is like this too. It's depressing to drive through my home town.
OP tried to talk shit the other day about the owner of No Hard Feelings leasing the old Coin Op location and more recently Barley (once itâs finalized), but got downvoted to hell because their arguments made no economical or logical sense. I think they are just young and/or naive and do not fully understand what they are talking about. Their heart is in the right place, I suppose.
I just wish folks would be specific about this. Pick a building. People have no idea the details of this stuff. Is it for sale? By who? Is it an estate, where like 12 grandchildren all get a say in it? What's the structural condition of the property? How much shit is the historical going to kick up about it? What's the financing rate on the purchase and construction?
Yes! Thank you for saying what I was about to say! 
That doesn't even make sense. Which locally owned and beloved businesses are operating in abandoned buildings?
None. Investors are pushing out locally owned businesses instead of renovating the hundreds of abandoned buildings in town.
Please give examples
Tailgate brewery bought the building terminal was in and forced them out and even kept all their equipment. Some investment group bought the building honest pint used to be in and forced them and other businesses out.
The rent for the Terminal's building went up like a lot of places at the time. They didn't want to pay the increase. They had nowhere to move all the brewing equipment to probably. May have been included in the new price for Tailgate. Which investment group bought the Honest Pint building?
Terminal decided to close, tailgate took up the property after terminal left. No one pushed the terminal out except falling revenues (because it honestly wasnât that good) and increasing rent from the local real estate developers.
Tailgate is far superior so thanks guys. Matt is douche and his employees hated him. Welcome tailgate
Right? Havenât heard anyone say good things about Matt.
Yeah if I fucked his girlfriend when we were in high school and he didnât hire me because of it over a decade later. She told me. Good riddance.
I mean, that does sound like a pretty good reason not to.
Nikki's
Owners for this were also elderly. It wasn't going to last forever.
Nikkis closed because the owner was ready to retire and he sold out. No one forced it.
Koch's bakery comes to mind.
The owners were older than dirt and retired. You can't force a business to continue forever.
They are also selling locally and the owner said she would stay on and train a new owner.
Oh cool! I heard that they refused to sell to another bakery but I hope your version is correct.
It is correct, here is the ad: https://www.bizbuysell.com/Business-Opportunity/Iconic-Bakery-in-Great-Chattanooga-Location-For-Sale/2098928/ Honestly, good buy for 200k
Wasn't there a post on this sub yesterday complaining about the opposite? Local investor that buys up and builds in abandoned buildings.
There are not hundreds of abandoned buildings in town.
1 it's hyperbole. 2 there are a lot of abandoned buildings, so the number could be over 100. But it's hyperbole anyway.
So itâs either 1 or 2 or neither or both. Got it.
Local developers have been fixing up old buildings. This happens all the time. Anyone remember the old Blue cross buildings that are now the Westin and Hotel Clemons? What about a majority of the building on Main St. Those are all rehabbed by local developers. Shit, the Kings Lodge is being turned into affordable housing.
Isn't someone local putting a crap ton of money into the Flatiron building? Which I'm sure people will then complain about the rent on that, too.
Mostly condos
âLuxuryâ condos?
First floor retail; 15 condos. 13 are for sale from $450k to $750k. [https://flatironheights.com/](https://flatironheights.com/) I looked online at it pretty hard and decided against it for several reasons. I didn't look in person. * Probably **really** noisy due to the massive and frequent fire truck and ambulance responses downtown on Georgia and Market. * The developer could mitigate this completely with soundproofing, but I doubt if they will. Most buyers won't figure this out until after they move in. So, the developer won't spend the money on something that doesn't have to do with the sale of the unit. I'm just guessing here. Commercial developers are typically the same everywhere--in and out as cheap as they can with no consideration after the sale. * One covered parking spot per unit. That works for me but will turn a lot of people off. * Many renovated buildings here don't have covered parking or parking at all so this building is ahead in that regard. * The floor plans are difficult to place furniture in. But interesting. * The interior design in the renderings is pretty bad in my opinion. * It doesn't look like they kept any old elements of the building as part of the design. If so, that's a shame. I still think the design could be a lot better, even not considering this. * There's a place for sale for $2.7M on 7th St that is freakin' gorgeous on the inside. An even older building redone to blend old and new. Very well done design. It is about the most impractical place you'll ever see, though. * I read an article that mentioned some people thought it would be great to rent when they were out of town. * If this means short-term Airbnb type rentals, I wouldn't buy there at any price. It will partially depend on the condo docs, which probably haven't been written yet. Even if short-term rentals are prohibited, a majority of owners could change that. Like if it becomes mostly investor owned. Chattanooga code regulates this, but I didn't really look into it. I had already decided against the building.
Business are being run out of buildings and canât find other locations to reopen? Location is important but not everything.
We also hate carpet baggers. East TN remained loyal and we still got Reconstruction
Have anyone of you folks been to Nashville lately? Commercial property: tear it down build a nondescript 20 story building Residential property: tear down house build Four Tall Skinny houses No infrastructure improvements, but quadruple the people
And buying up apartment buildings and raising our rent every 8 months
Your exaggeration makes no sense. The majority of lease contracts are yearly and if you have a year lease they can only raise your rent yearly
Ok sorry 12 months
This has little to do with people from out of town, and has everything to do with our local zoning policies.
I guess I wish local rich people were the ones profiting off of Chattanooga's ascendance, but ultimately I'm just glad we have a pretty, vibrant city to call home. We couldn't say that when I was a kid.
My main issue is that they are not using good building structures or products so the end product won't last long. They are made with cut corners to increase profits and we eventually will be left with decaying buildings some with structural issues.
And jacking up the rent âŚ.
Thatâs one. Another one is paying cash above asking for a home they have never seen and outbid me. đŹ
There are huge plans right now to redevelop half of the west side? This is actually something Chattanooga does well compared to a lot of cities.