KNOXVILLE, Tenn. (WVLT) -- The City of Knoxville has announced intent to purchase the site of the old St. Mary's hospital and develop it into police and fire headquarters.
The proposal is being take in front of the city council on Thursday, Jan. 10. Members will meet at 5:30 p.m. to begin discussions. According to a city spokesperson, the city proposal includes a $40 million deal to fit the building and location for the city's purposes; however, the plans are still in the earlier stages. No binding agreements have been made, the spokesperson said.
The city would offer $1 dollar for the site.
Council members received a packet of information on the project, according to a fire department spokesperson.
The city's "letter of intent" includes a detailed description of terms between the seller, Tennova, and the buyer, the city.
"The hospital was an incredible asset for the neighborhood," said city operating officer David Brace. "What we have there now is a vacant building. I've heard significant, positive feedback from folks who live right around the area, and what they've said is 'we don't want it to be vacant'."
Any redevelopments that the city does, Brace said, needs to benefit the area and its inhabitants.
Read the full letter in the related documents tab.