
Chattanooga Residents Suggest Ways To Utilize Parkway Tower Space
Submitted by Kristen Johnson on August 27, 2008 - 8:24pm.
News | Community | Hamilton County News
Comments Below: 4
Comments Below: 4
The dilapidated Parkway Towers building next to Finley Stadium finally has a new owner. Exact plans for the building are unclear, but as WDEF News 12's Kristen Johnson found out people who live and work in the area have some suggestions.
Historic records show Parkway Towers was built in 1920. It housed offices for the Tennessee Electric Power Company. But for a number of years now the building has remained empty. As it deteriorated, areas around it flourished. There's Finley Stadium, the Tennessee Pavilion, a skate park and dog park. Jared Lewis who uses the skate park says, "We drive by it everyday coming and going so we don't really notice it. The sale of the structure however, has renewed interest in the Southside. Local businessman Maurice KaDosh paid just over 418-thousand dollars for the property. His associates say the building is up for re-sale and talks are already in the works with several developers. Phillip Lynn lives 4 blocks from the Tower and frequents the nearby dog park. Lynn says, "I'd like to see them tear that building down because it is such an eyesore and possibly build some high rise apartments, 20 to 30 units. It's a good location, convenient to everything." Organizers of the Chattanooga Market have their own suggestions for the property. Their event is held just steps away from the Tower at the Tennessee Pavilion. Melissa Siragusa with the Chattanooga Market adds, "It would be advantageous for the Chattanooga Market if something family oriented came along. Whether it was shopping or a restaurant. Something that brought families out and of course bring them over our way on Sunday. Siragusa thinks this could be the kickoff to redevelopment comparable to other parts of the city. Both Siragusa and Phillip Lynn agree they hope it happens sooner than later.
Gary Fillers was the previous owner of Parkway Towers. He successfully fought a condemnation effort from the builders of Finley Stadium in 1998. They had originally offered Mr. Fillers $77,000 for the property.
One of the Southside's biggest eyesores may finally get a facelift.
Parkway Sorrow
Submitted by Guest (not verified) on April 1, 2009 - 1:17pm.
This place is more than an eyesore, it is a laughing stock. To think it is still standing is hard to believe. The truely sad thing is that now that this man has paid 418 Thousand for it, it will probably stand forever because who in their right mind will pay more than that for it. How sad. The only use I can think of is to turn it over to the Army for Bazooka practice.
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That's ridiculous. It's not
Submitted by Guest (not verified) on October 4, 2009 - 9:21am.
That's ridiculous. It's not an eyesore, it's one of the more visually interesting buildings in the area. It's not a laughing stock, it's a historic building. I am happy it has stood for as long as it has.
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I'd pay to see the bazooka
Submitted by Guest (not verified) on April 1, 2009 - 2:33pm.
I'd pay to see the bazooka practice.
If condo's or upscale apartments are erected there, even with the incredible price tag, it could easily make money. That being said, I think this economy suck for upscale apartments in Chattanooga, but I could be wrong. It has possibilities for making a good deal of money if it is played right. I sure do hope they get started with something soon though. It really is a horrible looking place.
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Fillers did the right thing.
Fillers did the right thing. The powers-that-be tried to hold him up when that big white elephant Finley Stadium was built, and he rightfully resisted when they wouldn't pony up his price, and resisted every phony legal challenge thrown at him. Glad to see somebody finally made a buck off the place.