Novare Group, BCDC Start Class A Garden Community in Chattanooga
Atlanta, GA-based Novare Group and JV partner BCDC have broken ground on Populus Waterside, a 344-unit garden-style apartment community on more than 15 acres in Chattanooga, TN.
Pinnacle Bank is the senior lender with preferred equity from Marble Capital. Dynamik Design is the architect, MAP Engineers is the civil engineer and Construction Enterprises, Inc., is the general contractor.
Populus Waterside will offer controlled-access buildings, a co-working lounge, private garages and a resort-style pool with a sun shelf and tanning ledge. Outdoor grilling stations, a dog park, a fitness center with a yoga room and outdoor entertainment areas are among the amenities.
The multifamily is Gunbarrel Road adjacent to Village at Waterside, a Publix-anchored shopping center, and in close proximity to the Interstate 75 interchange. The project has direct access to major employers, including Volkswagen, Amazon, Erlanger East Hospital and the Chattanooga Metropolitan Airport, all within a 10-minute drive.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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