Walnut Commons Apartment Complex Hits 1 More Snag

  • Monday, July 16, 2012

The planned $11 million Walnut Commons apartment complex has hit one more snag.

Tom Smith told members of the city Health, Educational and Housing Facility Board on Monday that a closing had been set for Thursday with HUD officials.

However, a late construction increase of $125,000 on the electrical portion brought changes that caused a delay on the loan approval.

It will now be the first or second week of August before developers will be able to reschedule the closing in Knoxville with officials of HUD, the federal agency insuring the loan by Wells Fargo.

The project at Walnut, Aquarium Plaza (Second Street) and Riverfront Parkway will include 100 apartment units.

They will be built over a new facility for the nearby Little Miss Mag child center.

Mr.

Smith said, "We are cautiously optimistic that we are almost there."   

Real Estate
Ellis Gardner: Consumer Guide To Marketing Your Home
  • 4/3/2025

As a realtor, I know firsthand that marketing a home isn’t just about getting it listed—it’s about telling the story of your property in a way that connects with buyers. Whether it’s staging, ... more

Real Estate Transfers For March 27-April 2
  • 4/3/2025

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding ... more

Hamilton Zanze Completes Acquisition Of 1400 Chestnut Midrise Apartment Community Near UTC
Hamilton Zanze Completes Acquisition Of 1400 Chestnut Midrise Apartment Community Near UTC
  • 4/1/2025

Hamilton Zanze announced it has sponsored the purchase of 1400 Chestnut Apartments, a 200-home midrise apartment community. Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed ... more