Retail – Resources

Downtown Data

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Downtown Chattanooga is comprised of several districts, each with a distinctive history and market position: Northshore, Riverfront, Bluff View, City Center, MLK, and Southside. Collectively, these districts serve the greater Chattanooga area with familiar and unique shopping and dining destinations. From boutique specialty retailers to fine dining and entertainment, Downtown Chattanooga has a place for it all.

Housing
  • $214.8 million total investment in housing under construction
  • 1369 beds, 669 residential units, and 71 single family homes currently under construction
  • $144 million total investment in pre-development housing projects
  • 981 units of housing in pre-development
  • 443 hotel rooms are under construction with an additional 122 hotel rooms in pre-development, a $112+ million dollar investment
  • Demand for new housing at 900 units per year
 
Amenities
  • 32 parks and green spaces.
  • 33 bike sharing stations.
  • 10 art institutions.
  • 2,250 hotel rooms.
  • 12,790 public parking spaces.
  • 20 free electric shuttles.
  • Tennessee Aquarium: 1,070,000+ annual visitors, 57% between ages 25-45, 56% with household income over $60,000, 42% with a college degree or higher
  • Majestic Theatre: 400,000+ annual visitors
  • IMAX Theatre: 825,000+ annual visitors
 
Demography
  • Population of 27,216.
  • Median age of 31.7 years.
  • Daily population of 55,000.
  • Student population of 12,838.
  • Three million annual visitors (approx.)
Retail
  • 765,624 square feet of occupied retail space.
  • 88,744 square feet of vacant retail space.
  • 854,368 square feet of rentable retail space.
  • Over 250 retail establishments.
 
Cost of Living
  • Tennessee has one of the lowest costs of living in the nation. The cost of living in downtown Chattanooga is 15.9% less than the national average and 5.9% less than the Tennessee average.