The Chattanooga-Hamilton County Regional Planning Commission chose to take no action on the zoning ordinance previously approved last month by the Walden town council, clearing the developer to proceed with Walden Town Center.
The development slated for Taft Highway on Signal Mountain will include a full-service grocery store, fuel station, retail, offices and a public park.
“I’m grateful for the commissioners’ continued support of Walden Town Center and believing in the merits this development will provide residents,” says John Anderson, principal of LOP, LLC, and owner of the 15-acre tract.
“Throughout the last several months, we’ve received overwhelming support from community members who need an affordable shopping option on the mountain. We’re deeply appreciative of this opportunity to provide that important service.”
The approved zoning ordinance was sent back to the Regional Planning Commission for final review following the town council meeting last month.
Mayor William Trohanis and Alderwoman Sarah McKenzie voted in favor of the $15 million development, which is expected to generate $610,060 in annual revenue for the town and county. Alderman Lee Davis voted against the rezoning.
With proper zoning in place, LOP, LLC will soon begin clearing land for the development.
Source: LOP, LLC