Developer plans to give old textile factory new life in downtown Chattanooga

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Artist rendering provided by developer Jay Martin.

A historic Chattanooga building is getting a second life. A developer plans to turn a 1920s textile factory in downtown Chattanooga into apartments.

The building is located on South Watkins Street.

The plan is to create 90 new apartments. The building will also house 80-thousand square feet of commercial space.

Developer Jay Martin plans to salvage as much as he can of the building.

"There's inherent beauty in the history here and that's something you can certainly feel as soon as you step foot into the building. We're very proud to have this opportunity," Martin says.

Martin tells NewsChannel 9 they've applied to put the building on the National Register of Historic Places.

He says the project will cost 17 million dollars. Construction will take 18 to 24 months.

Watkins provided details, including artist renderings of the finished complex. Read more below:

Depend on us to keep you posted on this project.