Four Stones Begins Next Phase of Kern’s Bakery Development in Knoxville
Atlanta, GA-based Four Stones Real Estate has commenced construction on Phase II of Kern’s Bakery, a 16-acre mixed-use development with food hall, market and event lawn located in Knoxville, TN’s New South Waterfront District. Phase I, Flagship Kerns, a 310-bedroom multifamily, is 100% leased.
Phase II includes the transformation of the 75,000-square-foot historic bakery building originally built in 1931 into a thriving 18-merchant food hall along with boutique office space, specialty retailers, rooftop bars and outdoor entertainment areas.
Kern’s Bakery Food Hall is building upon Knoxville’s deep food heritage and is the perfect place for our family of chefs and entrepreneurs to share their unique brand with the Knoxville community,” said project broker Timothy Martin of TMA Real Estate.
Kern’s Bakery is one of the first deals in the nation to close in an Opportunity Zone, and developers are taking measures to ensure the project remains on National Register of Historic Places.
- ◦Development