City and county officials, development leaders and community partners gathered Monday morning at the corner of 26th and Cowart streets to break ground on Broadview, a $22 million luxury condominium development in the heart of Chattanooga’s Foundries District.
The four-story building will feature 43 residential units, a ground-level commercial suite and sweeping rooftop views – making it one of the first major residential projects to launch in the new mixed-use neighborhood taking shape south of downtown.
Developed by FTC Development in partnership with Aslan Holdings, Berry Construction and Caughman + Caughman Architects, Broadview will bring 65,000 square feet of new urban living space to a site that once sat dormant following the decline of South Broad Street’s heavy industrial era.
With completion slated for summer 2026, the project is expected to play a central role in the redevelopment of the historic corridor.
An investment in South Broad
Tiffany Robinson, managing partner of Aslan Holdings, opened the ceremony by describing Broadview as part of her firm’s larger mission to build enduring value for Chattanooga and its people. She framed the project as a generational investment in one of the city’s high-potential areas.
“As an organization, we desire to leave a lasting legacy on the community we serve and the community we are invested in,” Robinson said. “Broadview is a testament to that mission.”
Located just blocks from the forthcoming Lookouts Stadium – now officially named Erlanger Park – Broadview’s site sits in the heart of a corridor primed for over a billion dollars in public and private investment. The condominium building will include a variety of units – including 25 one-bedroom homes, 12 two-bedroom homes and six three-bedroom homes – with starting prices in the $400,000 range. Seven of the one-bedroom homes will be mezzanine units with street-level access.
In addition to its residential offerings, Broadview will include a 3,000-square-foot commercial suite located at the corner of 26th and Cowart. Developers say the space is ideal for a restaurant or retail concept and hope to attract a tenant that can meet current neighborhood needs. SVN | Second Story’s Kelly Fitzgerald and Hunter Myers are handling leasing efforts for the commercial space.
Amenities reflect demand
Designed to offer more than just a place to live, Broadview will include a rooftop patio with panoramic views of the Tennessee River, Lookout Mountain, the downtown skyline and the adjacent stadium.
The building’s amenities will also include a rooftop kitchen, fire pit, televisions, lounge space, fitness center, electric car charging stations, designated pet facilities (including a dog run and indoor pet wash station) and ample parking. Covered and reserved spaces will be available for penthouse residents.
Matt McGauley, co-managing partner of Aslan and CEO of FTC Development, acknowledged the long road leading up to the groundbreaking.
“Development is a team effort,” McGauley said. “Broadview has been in the works for over a year, and it’s taken the effort of dozens of people to get us here.”
McGauley credited Eric Cummings, a partner in the project, with first recognizing the site’s potential and beginning to acquire the necessary parcels as far back as 2021.
“Eric had the foresight to look at this location and realize that something valuable could go here one day,” McGauley said.
McGauley also thanked Southeast Bank, which is financing the project and has worked with the development team on previous Chattanooga-based ventures.
A new chapter of growth
Hamilton County Commissioner Joe Graham, representing the district where Broadview is being built, emphasized the significance of the project’s location.
“Groundbreakings happen throughout the county, but not often on our side of the river,” he said. “This side of the county is now going to explode with projects like this one.”
Graham also noted the value of private investment in revitalizing historically underused land without the need for public subsidies.
“Projects like Broadview show how thoughtfully planned, privately funded development can bring new life and lasting value to established neighborhoods.”
Hamilton County Mayor Weston Wamp, who was not present but expressed support through Graham, has previously advocated for responsible growth and public-private collaboration in Chattanooga’s urban core.
Representing the city, Chris Anderson spoke on behalf of Mayor Tim Kelly. He linked the development of Broadview and the larger Foundries District to Chattanooga’s long-term strategic goals, including economic diversification, infrastructure improvement and housing accessibility.
“This project brings severely needed new housing to Chattanooga,” Anderson said. “With our robust growth, the supply of all housing types must keep up with demand. That way, we can ensure that everyone who wants to live here can find a home in our city.”
Anderson also called the Foundries District redevelopment “a testament to what we can accomplish when we come together – state agencies, local government and community partners – and work toward a shared goal.”
A gateway transformed
The Foundries District takes its name from the area’s industrial past, when major employers like Wheland Foundry and U.S. Pipe once dominated the South Broad corridor. After decades of decline, the land is now being reimagined as a mixed-use district anchored by housing, offices, entertainment venues and the new stadium.
For many leaders at Monday’s event, Broadview represents the first tangible sign of that transformation.
“The Western Gateway is being remade,” Anderson said, referring to the entrance corridor many travelers use when arriving in Chattanooga from the south and west. “This project will vastly improve the first impression we make on visitors.”
A new kind of housing
Broadview is notable not just for its location or price point but also for its product type. While Chattanooga has seen recent growth in apartment complexes, standalone homes and even townhouses, the city has had few new residential condominium offerings in recent years.
“This is a residential condominium building – something Chattanooga has not seen in a while,” McGauley said. “We’re excited to bring a new type of product to the market.”
The development team has partnered with Keller Williams’ Jay Robinson to handle sales for the residential units. Robinson leads the Robinson Team, which is already fielding early interest from potential buyers.
“I know some of you are already trying to figure out which view you want to be yours in one year,” Mcgauley joked.
Construction on Broadview is scheduled to begin later this summer, with completion expected by mid-2026. Sales for residential units will open in the coming weeks, and leasing for the ground-floor commercial space is already underway.