What does Chattanooga have in common with New York City? Its Flatiron Building, named after the similarly-shaped one in the Big Apple, which is set to soon become “Flatiron Heights” thanks to a group of local investors.

The background

The historic downtown building was built in 1911 as an apartment complex + owned by Sam Read, who was also the original owner of the Read House Hotel.
After later converting to an office space, the Flatiron Building will soon pay homage to both of its purposes over the years, as a new condo complex with first-floor offices.
Investors Robert Fisher, Bo Ferger, and Dan Levan with Fisher Bay LLC, along with Modus Build’s Clint Dean, make up the four general investors of Flatiron Heights, LLC.
Renovations for the Flatiron Building are expected to take ~10-12 months, with construction expected to begin around April 2022.

A look at the condos

The renovated space is set to include around 15, 2-bedroom condos on floors 2-4.
Each unit will feature a balcony, with views of Lookout + Signal Mountains, the Dome Building, and the Hamilton County Courthouse.
Though the condos will be more upscale in nature, the investors plan to preserve some of the building’s history, including its brick exterior.
According to Robert Fisher, the condo prices haven’t been set yet.

A look at the office space

The first level of the Flatiron Building at Georgia + Walnut Street will remain an office and retail space, but will also receive renovations.
While there are currently no retail tenants in the building, Fisher said that the space could potentially be home to a restaurant or gift shop in the future.
T.E. Properties, which formerly owned the building, will keep its office on the first floor.