Shipyards

St. Augustine, FL

BCDC and Novare Group are underway on Populus at Waterside, a 344-unit, class A, garden-style, multi-family development in Chattanooga, TN.

Populus at Waterside will feature 344 rental units in thirteen (13) buildings that are a mix of two-story carriage houses and three-story, 3/4 split and four-story apartments. There will be six (6) two-story direct entry carriage house buildings with 12 total units. There will be two (2) three-story open breezeway buildings with 72 total units. There will be four (4) ¾ split open breezeway buildings with 168 total units. There will be one (1) four-story elevatored building with conditioned corridors and 92 total units.

The Project is located along Gunbarrel Rd. adjacent to the high-end Village of Waterside Publix-anchored shopping center and immediately proximate to an I-75 interchange. This convenient and accessible location will provide residents easy access to the area’s major employers, including Volkswagen, Amazon, Erlanger East Hospital and the Chattanooga Airport within 20 minutes.

Location

Chattanooga, Tennessee

Team

Co-Sponsors: BCDC / Novare Group
Lender: Pinnacle Bank
Preferred Equity: Marble Capital
Architect: Dynamic Design
General Contractor: Construction Enterprises, Inc.

Project Type

Class A Multifamily

Status

Under Construction