High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Southeast  + Opportunity Zones  | 
Capital Square has broken ground on Livano Knoxville, an approximately 348-unit Class A multifamily community in a qualified opportunity zone in Knoxville, TN

Capital Square Breaks Ground on Multifamily in Knoxville Opportunity Zone

Capital Square has broken ground on Livano Knoxville, an approximately 348-unit Class A multifamily community in a qualified opportunity zone in Knoxville, TN. Construction is expected to be completed by spring 2025. The project is being developed in partnership with LIV Development.

The development is located at 451 W. Blount Avenue. The multifamily community will include studio, one-, two- and three-bedroom apartment homes. 

The partnership has committed an allocation of 10 percent of the development’s units to workforce housing, available to residents who earn up to 80 percent of the area’s annual median family income. The partnership completed the acquisition of the 5.9-acre lot in January 2023 and secured a $70.4 million construction loan agreement with Truist Bank.

The partnership has engaged Ardurra as civil engineer, Niles Bolton Associates, Inc. as building architect, Southern Building Group as general contractor and Design South Interiors as interior designer.

Connect

Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Development
New call-to-action
New call-to-action