Green Real Estate Breaks Ground on Student Housing Property in Chattanooga

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 reside in one-, two- and three-bedroom apartments, all featuring 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 sit-down restaurant that offers food made with 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. Cohutta Banking Co., a division of Synovus Bank, will provide construction financing for the project.