Thu
Jan 10 2013
11:54 am
Breaking South Knox News: Baptist Hospital under contract
By: R. Neal  shortURL

Josh Flory just tweeted that the Baptist Hospital property on the South Knox waterfront is under contract to a Georgia developer. Awaiting further details....

UPDATE: Josh Flory has contacted the developer, but they can't talk about the deal just yet. The Mayor's office told us they "don't have any confirmation" on it.

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jcc's picture

related, and not as cheery

Submitted by jcc (not verified) on Thu, 2013/01/10 - 12:39pm.

(link...)

jbr's picture

I guess that is ok, however

Submitted by jbr on Thu, 2013/01/10 - 12:58pm.

I guess that is ok, however it would not be good, in my opinion, to see the South Waterfront be "Atlantalike" development.

I thought the likelihood of Baptist becoming a VA facility was strong. Or a hospital again, but smaller than before.

I thought the 200 unit apt development proposed next to Island Home was a pretty bad idea. At least not the direction I had hoped South Knoxville Waterfront was taking.

bizgrrl's picture

I thought the 200 unit apt

Submitted by bizgrrl on Thu, 2013/01/10 - 1:31pm.

I thought the 200 unit apt development proposed next to Island Home was a pretty bad idea.

I agree.

Amos Rucker؟ 's picture

Tennova on Oak Hill Avenue

Submitted by Amos Rucker؟ (not verified) on Thu, 2013/01/10 - 1:36pm.

I am concerned about relocating Physicians Regional Medical Center from its current location on Oak Hill Avenue. The Oakwood neighborhood just got a win with the redevelopment of the old Oakwood school and the neighborhood does not need an abandoned hospital complex dragging it down.

Elwood Aspermonte's picture

This is the fourth contract on the old Baptist Hospital property

Submitted by Elwood Aspermonte (not verified) on Thu, 2013/01/10 - 2:03pm.

Given the magnitude of the asbestos problem, the 18 inch think concrete walls, and the proximity to the river and the TDEC environmental regulations, the prior agreements have all been scrapped once the developers really get a good look at the beast that this pre world war II construction really was.

Hope for the best, but don't fall out of your chair if that abandoned hospital is still there without any purpose in another 5 years.

TennNova would like to sell it for $7 - 8 million, realistically, the property with an abundance of remediation costs is between $4 - 5 million.

Rachel's picture

As long as the purchaser

Submitted by Rachel on Thu, 2013/01/10 - 5:26pm.

As long as the purchaser understand the form-based zoning code for that site, it should be ok.

We shall see.

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