KNOXVILLE, Tenn. (WVLT) -- Wondering what's in store for the Kerns Bakery site in South Knoxville? A new set of renderings are giving a sneak peek to the future.
The developer outlined big plans for the site. Ozone Capital Management LLC. said they plan to preserve the historic building as a retail, restaurant, office and entertainment destination while adding 160 boutique-style apartments just steps away. A name-brand hotel is planned for a later stage of development.
“We are very sensitive to the nature of this historic site and feel the redevelopment fits perfectly into the long-term strategy of the South Waterfront Vision Plan,” Partner Brantley Basinger said. “This redevelopment is going to be another strong investment in the ongoing revitalization of South Knoxville, one we hope would make Mayor Kern proud. Plus, we have a vested interest in working with local parties who understand the dynamics of South Knoxville.”
The retail and restaurant portion will begin in July. The apartments will begin pre-leasing in Fall 2019. Both should be complete by August 2020. The construction timeline for the hotel will be announced at a later date.