KNOXVILLE (WATE) – A multi-million dollar apartment complex in downtown Knoxville is expected to open its doors in December.
Marble Alley Lofts broke ground in July of 2014. The goal is that it will tie together the Old City, Market Square and Gay Street.
Developer Buzz Goss came up with the idea in 2008. He said he’s been waiting for this moment.
“It’s finally something, right, and it’s exciting. It takes a little persistence,” said Buzz Goss of Marble Alley Development.
Goss said the apartments were supposed to be ready on October 15, but after losing a framing contractor, that pushed them back to December.
In all, Marble Alley Lofts will have 248 units and a 370 space parking garage. Some of the more eye catching features include a courtyard and a resort style saltwater pool.
One hundred and seventy lofts will be available in December as part of Phase I with the remaining units being finished in either March or April for Phase II, according to Goss. The total cost of the lofts is $36 million.
“I love downtown development. I love the city growing in downtown,” said Gina Anderson of North Knoxville.
People like Anderson and others around downtown said they can’t wait for the new apartment complex.
“I’m a senior. I won’t be here for long, but I wish I had that opportunity to live in those beautiful apartments,” said Gina Raffanti, a UT student.
Inside the apartments, construction crews are preparing to install flooring, appliances, and built ins. For people like Goss, it’s an exciting time to see this go from nothing to something.
“One of my goals is to leave the city better than I found it and I hope I’ve done that,” said Goss.
Goss said they’ve been signing leases every day and at this point, they’ve filled around 30 to 40 units. That’s about 15 percent of the complex.
If you’re wondering about how much it would be to rent one of those apartments, a 500 square foot unit runs from $974.
More online: Marble Alley Lofts Floor Plans