Chattanooga Red Wolves SC will build a soccer-specific stadium in East Ridge as part of a mixed-use development. The area, which will also include housing, retail, restaurants, a hotel and significant greenspaces, will represent a $125 million investment in East Ridge and Chattanooga.
Team owner Bob Martino’s plan includes 400 apartment and condominium units, 375 hotel rooms, 475,000 square feet of commercial space, including the stadium, and a network of walking and nature trails.
Over the next three to five years, the stadium and surrounding development will create 1,200 new jobs, not including construction and other businesses.
The 100-acre property, which is within the city limits of East Ridge and Chattanooga, is expected to generate between $6 and $7 million in tax revenue each year.
Amenities at the soccer-specific stadium will include concessions, merchandise, VIP boxes and special areas for fans and families.
The stadium will also house staff offices, lockers and multiple spaces for the team to meet and train. The entire development complements the team’s training center, which is being built at Camp Jordan. A trail running under Interstate 75 will connect the two areas.
The Dalton Red Wolves and Lady Red Wolves will use the new stadium for some of their matches and the facility will be available to host non-sporting activities such as concerts and other events. Construction will start in the coming months.
More at www.chattredwolves.com.
Source: Chattanooga Red Wolves