Thirty-four thousand people come to Chattanooga’s downtown every day of the work week to perform their jobs everywhere from coffee shops to corporate headquarters. Over the past few years, more and more people have begun staying downtown when the work day ends. The community’s reconnection with the Tennessee River has helped turn downtown into a place where people not only work, play and shop. They also live there.
In fact an estimated 11,000 people live downtown. The downtown residential growth jumped by 29 percent between 1990 and 2000, when the population was 9,000, and took a 22 percent leap in the last five years.
The proximity to urban amenities and assets emerging from Chattanooga’s revitalization has created a renewed demand for downtown housing.
The demand has been answered with development of cottages, condos, townhouses, apartments, and lofts. The new housing opportunities range from riverfront condos to penthouses in the heart of the city to Manhattan-style lofts in a renovated bread manufacturing plant on the southside of town.
The new Battle Academy School, a magnet elementary school, draws children from downtown residents and downtown employees.
Downtown dwellers have easy access to the new Chattanooga Green – a park on the southside of the Tennessee River at the site of Chattanooga’s birthplace, Ross’s Landing. They also enjoy the new River Pier, First Street Sculpture Garden and the expansions to the Tennessee Aquarium and Hunter Museum of American Art.
Downtown is the site of the headquarters for the Tennessee Valley Authority, BlueCross BlueShield of Tennessee and Unum Provident Corp.