sevier county 2014 - archive.knoxmpc.org development... · knoxville † knox county metropolitan...
TRANSCRIPT
Knoxville • Knox County Metropolitan Planning Commission
City County Building, Suite 403
400 Main Street
Knoxville, TN 37902
865-215-2500
email: [email protected]
www.knoxmpc.org
2014
KNOXVILLE • KNOX COUNTY • TENNESSEE
DEVELOPMENT ACTIVITY
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§̈ ¦40
§̈ ¦640
§̈ ¦75
§̈ ¦140
§̈ ¦275
2014
RES
IDEN
TIA
L SU
BD
IVIS
ION
S
Num
ber o
f Lot
s2
- 10
11 -
20
21 -
30
31 -
40
41 +
20
14
RE
SID
EN
TIA
L S
UB
DIV
ISIO
NS
The 811 East Downtown apartments on Evolve Way in the Central City Sector
EXECUTIVE SUMMARY
• Building activity in Knox County jumped a healthy 26 percent this year as 2,502 residential and non-residential units were permitted.
• More than 2,400 new residential units were approved in 2014, the highest single-year total since the start of the Great Recession in 2008. In the past 10 years, half of all residential units were constructed between 2005 and 2007 (pre-recession), while the other half were built over the last seven years, 2008 to 2014.
• Houses (detached dwellings) and apartments (multi-dwellings) led this year’s charge, each contributing 1,100 units to the 2,400-unit residential total, a 91 percent share. Condos and townhomes (attached dwellings) and mobile homes rounded out the total.
• The value of residential construction increased from $294.6 million last year to $327.0 million in 2014. Among notable residential developments, two large apartment projects were permitted: Marble Alley Lofts (248 units) in the Central City Sector and The Cottages at Tazewell Pike (231 units) in the North City Sector.
• The number of commercial and industrial projects was down this year, reporting a drop of 25 percent since 2013, but the dollar-value of investment was up. The $123.4 million in total value represented a 46 percent increase over last year’s fi gures. Staybridge Suites (hotel, $16.7 million) in the Southwest County Sector and FedEx Distribution Center (shipping, $14.7 million) in the Northwest County Sector were two of the larger projects.
• A total of 84 residential and non-residential rezonings were approved in 2014, aff ecting 633 acres of property. Thirty-seven residential applications accounted for three quarters of the total acreage rezoned, while non-residential requests garnered 47 approvals and the remaining 25 percent of rezoned land.
• Agriculturally-zoned property converted by rezoning dropped from 794 acres last year to 292 acres in 2014. Agricultural-zone conversions accounted for a 46 percent share of all rezoned acreage this year.
• Residential subdivision activity was up in 2014. The 904 new lots approved this year were 81 percent more than last year’s total of 500. Similarly, total subdivided land (496 acres) increased from 2013 fi gures. The average residential subdivision was 6.9 acres in size and comprised of 12 lots.
• Non-residential subdivision activity was slower in 2014. The 18
approved projects were 12 fewer than last year’s total.
2005-2014 Agricultural Land Converted by Rezoning
YearResidential
AcreageNon-Residential
AcreageTotal
Acreage
2005 2,016 115 2,131
2006 1,208 803 2,011
2007 1,093 276 1,369
2008 393 222 615
2009 54 50 104
2010 22 12 34
2011 25 29 54
2012 28 46 74
2013 384 410 794
2014 275 17 292
Totals 5,498 1,980 7,478
2014 SUBDIVISION HIGHLIGHTS
Residential
Subdivision: The Glen at Hardin Valley Unit 2 Location: Hardin Valley Rd/Brooke Willow Blvd (Northwest County) Description: 72 lots on 22.5 acres
Subdivision: Hidden Meadows Unit 1 Location: Golden Cloud Lane/Gray Hendrix Road (Northwest County) Description: 56 lots on 18.9 acres
Subdivision: Cala Crossing Location: Beaver Creek Drive/Dry Gap Pike (North County) Description: 51 lots on 26.9 acres
Subdivision: Hunters Way Location: Hardin Valley Road/Gallaher Ferry Road (Northwest County) Description: 40 lots on 10.4 acres Subdivision: Willow Bay Location: Quarry Road/Emory Road (North County)
Description: 7 lots on 7.2 acres Subdivision: Rivers Edge Location: Island Home Avenue/Spence Place (South City) Description: 4 lots on 5.1 acres
2014 BUILDING ACTIVITY HIGHLIGHTS
Com
mer
cial
Project: Harper, Porsche and Jaguar Location: Parkside Drive (Southwest County) Description: $4.0 million, car dealership
Project: Ted Russell Kia Location: Parkside Drive (Southwest County) Description: $3.1 million, car dealership
Project: Mountain Commerce Bank Location: Kingston Pike (West City) Description: $3.0 million, bank
Indu
stri
al/M
edic
al
Project: FedEx Distribution Center Location: Bertelkamp Lane (Northwest County) Description: $14.7 million, shipping
Project: American Paper and Twine Location: Redfern Lane (Northwest County) Description: $2.4 million, warehouse and offi ce
Project: East Tennessee Children’s Hospital Location: Twenty-First Street (Central City) Description: $8.0 million, surgery & NICU expansion
Hote
l Project: Staybridge Suites Location: Campbell Lakes Drive (Southwest County) Description: $16.7 million, hotel
Com
mun
ity S
ervi
ces
Project: City of Knoxville Parking Garage Location: Walnut Street (Central City) Description: $10.6 million, 10-story parking garage
Project: Clear Springs Baptist Church Location: Tazewell Pike (Northeast County) Description: $7.6 million, place of worship
Ap
art
me
nts
Project: Marble Alley Lofts Location: State Street (Central City) Description: $21.6 million, 248 units
Project: The Bradford Apartments Location: Clinch Avenue (Central City) Description: $17.0 million, 73 units
Project: Rivers Edge Apartments Location: Sailmaker Way (South City) Description: $12.0 million, 134 units
Project: Greystone Vista Location: Panoramic Way (Northwest County) Description: $11.7 million, 156 units
Project: The Cottages at Tazewell Pike Location: Devon Springs Way (North City) Description: $10.3 million, 231 units
Project: 811 East Downtown Apartments Location: Evolve Way (Central City) Description: $7.5 million, 176 units
2005-2014 Value of New Construction
12$182,240,571
$220,829,495
$447,763,763
11$90,412,682
$141,333,366Non-Residential
Residential
08
07
06
05
$247,371,723$154,210,652
$266,592,921$420,624,975
$218,445,419
$168,389,225$421,500,893
09 $146,882,325$145,456,332
10$42,829,396
$201,566,007
$84,517,529$294,559,527
13
$123,372,788$327,031,064
14
2005-2014 Value of Renovations
14$124,222,399
12 $128,675,893$47,686,283
08
07
06
05
$63,917,633$160,749,233
$172,310,901$52,329,242
$138,060,507$43,406,474
$152,897,885$77,445,677
11$103,119,296
$48,252,882
09$110,216,131
$43,922,509
$129,634,287$50,144,976
10
13 $164,520,958$47,819,216
$58,504054
LEFT:
An artist’s concept of a fi nished Marble Alley Lofts
In April 2015 Marble Alley Lofts are under construction at the corner of Commerce Avenue and S. Central Street in downtown Knoxville.
§̈¦40
ANDERSON COUNTY
BLOUNT COUNTY
SEVIER COUNTY
LOUDON COUNTY
COUNTY
GRAINGER COUNTY
JEFFERSON COUNTY
§̈¦40
§̈¦640
§̈¦75
§̈¦140
§̈¦275
2014 RESIDENTIAL BUILDING ACTIVITY
Number of Units12 - 5
6 - 15
16 - 30
31 +
2014 BUILDING ACTIVITY
Sector
All Units Residential Non-Residential
TotalDetachedDwelling
Multi-Dwelling
MobileHome
AttachedDwelling
Total Commercial Industrial PublicQuasi-Public
Total
CITY PLANNING SECTORS
Central 599 22 571 0 0 593 5 0 0 1 6
East 23 19 2 0 0 21 1 0 1 0 2
North 292 21 239 30 0 290 2 0 0 0 2
Northwest 39 30 3 0 0 33 6 0 0 0 6
South 152 17 134 0 0 151 1 0 0 0 1
West 48 43 0 0 2 45 3 0 0 0 3
COUNTY PLANNING SECTORS
East 39 24 0 9 3 36 3 0 0 0 3
North 122 96 0 0 23 119 3 0 0 0 3
Northeast 135 100 0 28 6 134 0 0 0 1 1
Northwest 604 360 163 20 53 596 4 2 0 2 8
South 61 56 0 5 0 61 0 0 0 0 0
Southwest 388 325 0 1 38 364 24 0 0 0 24
Town of Farragut 119 92 0 0 22 114 5 0 0 0 5
City of Knoxville 913 153 725 0 4 882 30 0 0 1 31
Knox County (unincorporated) 1,470 868 387 93 99 1,447 19 0 1 3 23
All Sectors 2,502 1,113 1,112 93 125 2,443 52 2 1 4 59
% Share of All Sectors Total 44.5 44.4 3.7 5.0 97.6 2.1 0.1 0.0 0.2 2.4
Note: Many sector boundaries include portions of both City of Knoxville and unincorporated Knox County. As a result, sums of City Sector fi gures will not match City of Knoxville fi gures.
2014 SUBDIVISIONS
Sector
All Subdivisions Residential Non-Residential
TotalSubdivisions
TotalLots
TotalAcreage
Subdivisions Lots Acreage Subdivisions Lots Acreage
CITY PLANNING SECTORS
Central 6 11 20.0 1 3 2.0 5 8 18.0
East 3 39 9.9 2 36 7.9 1 3 2.0
North 0 0 0.0 0 0 0.0 0 0 0.0
Northwest 4 51 18.1 3 50 17.2 1 1 0.9
South 3 7 6.5 2 3 1.4 1 4 5.1
West 7 48 20.0 6 46 17.3 1 2 2.7
COUNTY PLANNING SECTORS
East 0 0 0.0 0 0 0.0 0 0 0.0
North 14 139 110.9 11 129 99.5 3 10 11.4
Northeast 9 79 71.9 6 73 45.3 3 6 26.6
Northwest 27 373 156.3 27 373 156.3 0 0 0.0
South 5 10 52.2 4 8 50.3 1 2 1.9
Southwest 12 192 122.7 10 183 99.1 2 9 23.6
ALL SECTORS 90 949 588.5 72 904 496.3 18 45 92.2
Note: Only approved fi nal plats are included in this report.
2005-2014 SUBDIVISIONSNew Lots Created
Non-Residential
Residential
13 50049
11 49018
10
07
06
05
08 1,05776
2,719
3,631
3,926
562
111
148
136
78
09 774113
12 52870
14 90445
2014 RESIDENTIAL BUILDING ACTIVITY
Construction site of the Bradford Apartments on Clinch Avenue in the Fort Sanders neighborhood
The Cottages at Tazewell Pike are apartments in the North City Sector.
131110070605 08 09 12
3,858
4,185
3,989
2,132
1,483
1,776
997
1,589 1,907
275 199307
201 101 60 69 98 75
2014 REZONINGS
SectorAll Rezonings Residential Non-Residential
Rezonings Acreage Rezonings Acreage Rezonings Acreage
CITY PLANNING SECTORS
Central 21 23.3 5 8.2 16 15.1
East 2 6.9 0 0.0 2 6.9
North 4 9.9 0 0.0 4 9.9
Northwest 1 9.0 1 9.0 0 0.0
South 3 3.9 0 0.0 3 3.9
West 8 149.4 4 92.9 4 56.5
COUNTY PLANNING SECTORS
East 2 7.9 0 0.0 2 7.9
North 8 68.1 5 31.9 3 36.2
Northeast 5 19.6 3 16.2 2 3.4
Northwest 17 152.1 11 144.4 6 7.7
South 4 3.9 1 0.7 3 3.2
Southwest 9 178.6 7 165.5 2 13.1
ALL SECTORS 84 632.6 37 468.8 47 163.8
2014 NET UNIT ADDITIONS
Sector
All Units Residential Non-Residential
NetAdditions
NewUnits
DemolitionsNet
AdditionsNewUnits
DemolitionsNet
Additions
CITY PLANNING SECTORS
Central 555 593 25 568 6 19 -13
East 9 21 9 12 2 5 -3
North 285 290 6 284 2 1 1
Northwest 31 33 7 26 6 1 5
South 141 151 5 146 1 6 -5
West 24 45 6 39 3 18 -15
COUNTY PLANNING SECTORS
East 39 36 0 36 3 0 3
North 122 119 0 119 3 0 3
Northeast 135 134 0 134 1 0 1
Northwest 597 596 6 590 8 1 7
South 61 61 0 61 0 0 0
Southwest 377 364 1 363 24 10 14
ALL SECTORS 2,376 2,443 65 2,378 59 61 -2
2005-2014 NET RESIDENTIAL UNITS
SectorNewUnits
DemolitionsNet
Additions
CITY PLANNING SECTORS
Central 2,687 679 2,008
East 534 108 426
North 1,894 110 1,784
Northwest 1,126 84 1,042
South 797 142 655
West 584 87 497
COUNTY PLANNING SECTORS
East 782 9 773
North 2,646 19 2,627
Northeast 1,807 14 1,793
Northwest 5,980 50 5,930
South 1,366 49 1,317
Southwest 4,156 105 4,051
ALL SECTORS 24,359 1,456 22,903
Residential
Request: 83 acres: R1-E (Low Density Exclusive Residential) Location: Sutherland Avenue/Forest Heights Blvd (West City) Proposed Use: Detached residential
Request: 67 acres: A (Agricultural) Location: Thistledown Lane/Mystic Ridge Road (Southwest County) Proposed Use: Residential
Request: 63 acres: PR (Planned Residential) Location: Snyder Road/Lovell Road (Northwest County) Proposed Use: Multi-dwelling residential
Request: 45 acres: PR (Planned Residential) Location: Northshore Drive/Choto Road (Southwest County) Proposed Use: Residential
Request: 36 acres: PR (Planned Residential) Location: Black Road/Campbell Station Road (Northwest County) Proposed Use: Residential
2014 REZONING HIGHLIGHTS
Non-Residential
Request: 54 acres: OS-2 (Park and Open Space) Location: Lyons View Pike/Northshore Drive (West City) Proposed Use: Lakeshore Park
Request: 20 acres: A (Agricultural) Location: Highland View Road/Shade Weaver Road (North County) Proposed Use: Farm
Request: 10 acres: A (Agricultural) & F (Floodway) Location: Berkford Road/Hannah Brook Road (North County) Proposed Use: Rescue farm
Request: 6 acres: C-4 (Highway and Arterial Commercial) Location: Callahan Drive/South I-75 (North County) Proposed Use: Auto dealership
14
Non-Residential
Residential
2,443
59
2005-2014 BUILDING UNITS
Site preparation for the Rivers Edge apartments off Island Home Avenue in the South City Sector, April 2015In the Northwest County Sector, Greystone Vista apartments are under construction.
131110070605 08 09 12
3,858
4,185
3,989
2,132
1,483
1,776
997
1,589 1,907
275 199307
201 101 60 69 98 75
2014 REZONINGS
SectorAll Rezonings Residential Non-Residential
Rezonings Acreage Rezonings Acreage Rezonings Acreage
CITY PLANNING SECTORS
Central 21 23.3 5 8.2 16 15.1
East 2 6.9 0 0.0 2 6.9
North 4 9.9 0 0.0 4 9.9
Northwest 1 9.0 1 9.0 0 0.0
South 3 3.9 0 0.0 3 3.9
West 8 149.4 4 92.9 4 56.5
COUNTY PLANNING SECTORS
East 2 7.9 0 0.0 2 7.9
North 8 68.1 5 31.9 3 36.2
Northeast 5 19.6 3 16.2 2 3.4
Northwest 17 152.1 11 144.4 6 7.7
South 4 3.9 1 0.7 3 3.2
Southwest 9 178.6 7 165.5 2 13.1
ALL SECTORS 84 632.6 37 468.8 47 163.8
2014 NET UNIT ADDITIONS
Sector
All Units Residential Non-Residential
NetAdditions
NewUnits
DemolitionsNet
AdditionsNewUnits
DemolitionsNet
Additions
CITY PLANNING SECTORS
Central 555 593 25 568 6 19 -13
East 9 21 9 12 2 5 -3
North 285 290 6 284 2 1 1
Northwest 31 33 7 26 6 1 5
South 141 151 5 146 1 6 -5
West 24 45 6 39 3 18 -15
COUNTY PLANNING SECTORS
East 39 36 0 36 3 0 3
North 122 119 0 119 3 0 3
Northeast 135 134 0 134 1 0 1
Northwest 597 596 6 590 8 1 7
South 61 61 0 61 0 0 0
Southwest 377 364 1 363 24 10 14
ALL SECTORS 2,376 2,443 65 2,378 59 61 -2
2005-2014 NET RESIDENTIAL UNITS
SectorNewUnits
DemolitionsNet
Additions
CITY PLANNING SECTORS
Central 2,687 679 2,008
East 534 108 426
North 1,894 110 1,784
Northwest 1,126 84 1,042
South 797 142 655
West 584 87 497
COUNTY PLANNING SECTORS
East 782 9 773
North 2,646 19 2,627
Northeast 1,807 14 1,793
Northwest 5,980 50 5,930
South 1,366 49 1,317
Southwest 4,156 105 4,051
ALL SECTORS 24,359 1,456 22,903
Residential
Request: 83 acres: R1-E (Low Density Exclusive Residential) Location: Sutherland Avenue/Forest Heights Blvd (West City) Proposed Use: Detached residential
Request: 67 acres: A (Agricultural) Location: Thistledown Lane/Mystic Ridge Road (Southwest County) Proposed Use: Residential
Request: 63 acres: PR (Planned Residential) Location: Snyder Road/Lovell Road (Northwest County) Proposed Use: Multi-dwelling residential
Request: 45 acres: PR (Planned Residential) Location: Northshore Drive/Choto Road (Southwest County) Proposed Use: Residential
Request: 36 acres: PR (Planned Residential) Location: Black Road/Campbell Station Road (Northwest County) Proposed Use: Residential
2014 REZONING HIGHLIGHTS
Non-Residential
Request: 54 acres: OS-2 (Park and Open Space) Location: Lyons View Pike/Northshore Drive (West City) Proposed Use: Lakeshore Park
Request: 20 acres: A (Agricultural) Location: Highland View Road/Shade Weaver Road (North County) Proposed Use: Farm
Request: 10 acres: A (Agricultural) & F (Floodway) Location: Berkford Road/Hannah Brook Road (North County) Proposed Use: Rescue farm
Request: 6 acres: C-4 (Highway and Arterial Commercial) Location: Callahan Drive/South I-75 (North County) Proposed Use: Auto dealership
14
Non-Residential
Residential
2,443
59
2005-2014 BUILDING UNITS
Site preparation for the Rivers Edge apartments off Island Home Avenue in the South City Sector, April 2015In the Northwest County Sector, Greystone Vista apartments are under construction.
§̈¦40
ANDERSON COUNTY
BLOUNT COUNTY
SEVIER COUNTY
LOUDON COUNTY
COUNTY
GRAINGER COUNTY
JEFFERSON COUNTY
§̈¦40
§̈¦640
§̈¦75
§̈¦140
§̈¦275
2014 RESIDENTIAL BUILDING ACTIVITY
Number of Units12 - 5
6 - 15
16 - 30
31 +
2014 BUILDING ACTIVITY
Sector
All Units Residential Non-Residential
TotalDetachedDwelling
Multi-Dwelling
MobileHome
AttachedDwelling
Total Commercial Industrial PublicQuasi-Public
Total
CITY PLANNING SECTORS
Central 599 22 571 0 0 593 5 0 0 1 6
East 23 19 2 0 0 21 1 0 1 0 2
North 292 21 239 30 0 290 2 0 0 0 2
Northwest 39 30 3 0 0 33 6 0 0 0 6
South 152 17 134 0 0 151 1 0 0 0 1
West 48 43 0 0 2 45 3 0 0 0 3
COUNTY PLANNING SECTORS
East 39 24 0 9 3 36 3 0 0 0 3
North 122 96 0 0 23 119 3 0 0 0 3
Northeast 135 100 0 28 6 134 0 0 0 1 1
Northwest 604 360 163 20 53 596 4 2 0 2 8
South 61 56 0 5 0 61 0 0 0 0 0
Southwest 388 325 0 1 38 364 24 0 0 0 24
Town of Farragut 119 92 0 0 22 114 5 0 0 0 5
City of Knoxville 913 153 725 0 4 882 30 0 0 1 31
Knox County (unincorporated) 1,470 868 387 93 99 1,447 19 0 1 3 23
All Sectors 2,502 1,113 1,112 93 125 2,443 52 2 1 4 59
% Share of All Sectors Total 44.5 44.4 3.7 5.0 97.6 2.1 0.1 0.0 0.2 2.4
Note: Many sector boundaries include portions of both City of Knoxville and unincorporated Knox County. As a result, sums of City Sector fi gures will not match City of Knoxville fi gures.
2014 SUBDIVISIONS
Sector
All Subdivisions Residential Non-Residential
TotalSubdivisions
TotalLots
TotalAcreage
Subdivisions Lots Acreage Subdivisions Lots Acreage
CITY PLANNING SECTORS
Central 6 11 20.0 1 3 2.0 5 8 18.0
East 3 39 9.9 2 36 7.9 1 3 2.0
North 0 0 0.0 0 0 0.0 0 0 0.0
Northwest 4 51 18.1 3 50 17.2 1 1 0.9
South 3 7 6.5 2 3 1.4 1 4 5.1
West 7 48 20.0 6 46 17.3 1 2 2.7
COUNTY PLANNING SECTORS
East 0 0 0.0 0 0 0.0 0 0 0.0
North 14 139 110.9 11 129 99.5 3 10 11.4
Northeast 9 79 71.9 6 73 45.3 3 6 26.6
Northwest 27 373 156.3 27 373 156.3 0 0 0.0
South 5 10 52.2 4 8 50.3 1 2 1.9
Southwest 12 192 122.7 10 183 99.1 2 9 23.6
ALL SECTORS 90 949 588.5 72 904 496.3 18 45 92.2
Note: Only approved fi nal plats are included in this report.
2005-2014 SUBDIVISIONSNew Lots Created
Non-Residential
Residential
13 50049
11 49018
10
07
06
05
08 1,05776
2,719
3,631
3,926
562
111
148
136
78
09 774113
12 52870
14 90445
2014 RESIDENTIAL BUILDING ACTIVITY
Construction site of the Bradford Apartments on Clinch Avenue in the Fort Sanders neighborhood
The Cottages at Tazewell Pike are apartments in the North City Sector.
EXECUTIVE SUMMARY
• Building activity in Knox County jumped a healthy 26 percent this year as 2,502 residential and non-residential units were permitted.
• More than 2,400 new residential units were approved in 2014, the highest single-year total since the start of the Great Recession in 2008. In the past 10 years, half of all residential units were constructed between 2005 and 2007 (pre-recession), while the other half were built over the last seven years, 2008 to 2014.
• Houses (detached dwellings) and apartments (multi-dwellings) led this year’s charge, each contributing 1,100 units to the 2,400-unit residential total, a 91 percent share. Condos and townhomes (attached dwellings) and mobile homes rounded out the total.
• The value of residential construction increased from $294.6 million last year to $327.0 million in 2014. Among notable residential developments, two large apartment projects were permitted: Marble Alley Lofts (248 units) in the Central City Sector and The Cottages at Tazewell Pike (231 units) in the North City Sector.
• The number of commercial and industrial projects was down this year, reporting a drop of 25 percent since 2013, but the dollar-value of investment was up. The $123.4 million in total value represented a 46 percent increase over last year’s fi gures. Staybridge Suites (hotel, $16.7 million) in the Southwest County Sector and FedEx Distribution Center (shipping, $14.7 million) in the Northwest County Sector were two of the larger projects.
• A total of 84 residential and non-residential rezonings were approved in 2014, aff ecting 633 acres of property. Thirty-seven residential applications accounted for three quarters of the total acreage rezoned, while non-residential requests garnered 47 approvals and the remaining 25 percent of rezoned land.
• Agriculturally-zoned property converted by rezoning dropped from 794 acres last year to 292 acres in 2014. Agricultural-zone conversions accounted for a 46 percent share of all rezoned acreage this year.
• Residential subdivision activity was up in 2014. The 904 new lots approved this year were 81 percent more than last year’s total of 500. Similarly, total subdivided land (496 acres) increased from 2013 fi gures. The average residential subdivision was 6.9 acres in size and comprised of 12 lots.
• Non-residential subdivision activity was slower in 2014. The 18
approved projects were 12 fewer than last year’s total.
2005-2014 Agricultural Land Converted by Rezoning
YearResidential
AcreageNon-Residential
AcreageTotal
Acreage
2005 2,016 115 2,131
2006 1,208 803 2,011
2007 1,093 276 1,369
2008 393 222 615
2009 54 50 104
2010 22 12 34
2011 25 29 54
2012 28 46 74
2013 384 410 794
2014 275 17 292
Totals 5,498 1,980 7,478
2014 SUBDIVISION HIGHLIGHTS
Residential
Subdivision: The Glen at Hardin Valley Unit 2 Location: Hardin Valley Rd/Brooke Willow Blvd (Northwest County) Description: 72 lots on 22.5 acres
Subdivision: Hidden Meadows Unit 1 Location: Golden Cloud Lane/Gray Hendrix Road (Northwest County) Description: 56 lots on 18.9 acres
Subdivision: Cala Crossing Location: Beaver Creek Drive/Dry Gap Pike (North County) Description: 51 lots on 26.9 acres
Subdivision: Hunters Way Location: Hardin Valley Road/Gallaher Ferry Road (Northwest County) Description: 40 lots on 10.4 acres Subdivision: Willow Bay Location: Quarry Road/Emory Road (North County)
Description: 7 lots on 7.2 acres Subdivision: Rivers Edge Location: Island Home Avenue/Spence Place (South City) Description: 4 lots on 5.1 acres
2014 BUILDING ACTIVITY HIGHLIGHTS
Com
mer
cial
Project: Harper, Porsche and Jaguar Location: Parkside Drive (Southwest County) Description: $4.0 million, car dealership
Project: Ted Russell Kia Location: Parkside Drive (Southwest County) Description: $3.1 million, car dealership
Project: Mountain Commerce Bank Location: Kingston Pike (West City) Description: $3.0 million, bank
Indu
stri
al/M
edic
al
Project: FedEx Distribution Center Location: Bertelkamp Lane (Northwest County) Description: $14.7 million, shipping
Project: American Paper and Twine Location: Redfern Lane (Northwest County) Description: $2.4 million, warehouse and offi ce
Project: East Tennessee Children’s Hospital Location: Twenty-First Street (Central City) Description: $8.0 million, surgery & NICU expansion
Hote
l Project: Staybridge Suites Location: Campbell Lakes Drive (Southwest County) Description: $16.7 million, hotel
Com
mun
ity S
ervi
ces
Project: City of Knoxville Parking Garage Location: Walnut Street (Central City) Description: $10.6 million, 10-story parking garage
Project: Clear Springs Baptist Church Location: Tazewell Pike (Northeast County) Description: $7.6 million, place of worship
Ap
art
me
nts
Project: Marble Alley Lofts Location: State Street (Central City) Description: $21.6 million, 248 units
Project: The Bradford Apartments Location: Clinch Avenue (Central City) Description: $17.0 million, 73 units
Project: Rivers Edge Apartments Location: Sailmaker Way (South City) Description: $12.0 million, 134 units
Project: Greystone Vista Location: Panoramic Way (Northwest County) Description: $11.7 million, 156 units
Project: The Cottages at Tazewell Pike Location: Devon Springs Way (North City) Description: $10.3 million, 231 units
Project: 811 East Downtown Apartments Location: Evolve Way (Central City) Description: $7.5 million, 176 units
2005-2014 Value of New Construction
12$182,240,571
$220,829,495
$447,763,763
11$90,412,682
$141,333,366Non-Residential
Residential
08
07
06
05
$247,371,723$154,210,652
$266,592,921$420,624,975
$218,445,419
$168,389,225$421,500,893
09 $146,882,325$145,456,332
10$42,829,396
$201,566,007
$84,517,529$294,559,527
13
$123,372,788$327,031,064
14
2005-2014 Value of Renovations
14$124,222,399
12 $128,675,893$47,686,283
08
07
06
05
$63,917,633$160,749,233
$172,310,901$52,329,242
$138,060,507$43,406,474
$152,897,885$77,445,677
11$103,119,296
$48,252,882
09$110,216,131
$43,922,509
$129,634,287$50,144,976
10
13 $164,520,958$47,819,216
$58,504054
LEFT:
An artist’s concept of a fi nished Marble Alley Lofts
In April 2015 Marble Alley Lofts are under construction at the corner of Commerce Avenue and S. Central Street in downtown Knoxville.
Knoxville • Knox County Metropolitan Planning Commission
City County Building, Suite 403
400 Main Street
Knoxville, TN 37902
865-215-2500
email: [email protected]
www.knoxmpc.org
2014
KNOXVILLE • KNOX COUNTY • TENNESSEE
DEVELOPMENT ACTIVITY
§̈ ¦40
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§̈ ¦75
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2014
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30
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40
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The 811 East Downtown apartments on Evolve Way in the Central City Sector