Green Real Estate to Develop Second Student Housing Development in Chattanooga, Tennessee

by Scott Reid

Chattanooga, Tenn. — Green Real Estate Group LLC, in partnership with DEW UTC LLC, has begun development on a five-story, 68-bed student housing project, VINE 422, located in downtown Chattanooga adjacent to the University of Tennessee at Chattanooga campus.

VINE 422 is scheduled to be completed for the 2016 summer semester.

Throughout the building, students will find a series of one-, two-, and three-bedroom apartments. All will feature designer kitchens, full appliance packages with washers and dryers, and large windows for natural light. Students will also have free access to EPB’s 1 Gigabit Internet services, along with water, trash removal and monthly cleaning services included in the price of rent.

Located on the ground floor of VINE 422 will be a modern, sit-down restaurant that boasts a menu featuring fresh ingredients from local farms. There will also be a second small commercial space where Green envisions a late-night food walk-up or small convenience store.

Green has selected Pointe General Contractors as the builders for VINE 422.  Chattanooga-based Caughman & Caughman Architects, along with Knoxville-based interior design firm, McAbee Hayes, will provide the project’s design services. Berry Engineering PLLC, Advanced Energy and Engineering Design PLLC and Woods Engineering PLLC will provide all of the project’s civil and structural engineering services.  VINE 422 will be financed by Cohutta Banking Company, a division of Synovus Bank and one of its lead lenders, Tim Collins.

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