Urban Story Ventures, LLC is a pure play on the growth story of the Chattanooga real estate market, taking an entrepreneurial and innovative approach to all of its developments. The market is seeing unprecedented economic and job growth as the city hits its stride. Urban Story Ventures, LLC has over $150 million in assets, including office buildings, hotels, retail, industrial, and residential. Assets range from income producing properties to speculative holds. The background of the principals focuses on a deep value strategy and purchases providing significant value-add opportunities related to acquisitions, repositioning and redevelopment, and real estate undertakings in the Chattanooga marketplace. Urban Story Ventures, LLC is an umbrella entity that houses the many entities we own and operate and are associated with each appropriate property. Urban Story Ventures, LLC is the public facing name of our enterprise, while DEW, LLC is still legally and financially functioning as our management company.
James Building (DEW James, LLC) - 735 Broad Street, Chattanooga 37402 National Register of Historic Places since 1979
The James Building, located in the heart of Chattanooga’s business district, was constructed in 1906 by renowned architect Reuben Harrison Hunt and Signal Mountain developer, C.E. James . The 12 story, 128,000 square foot high rise was the city’s first skyscraper. T he original steel and concrete building was expanded to the north in 1917 to add another 48 rooms. Adorned with the elegance of rich, hand-finished woodwork, beautiful marble and wrought iron, the James Building is now home to a prestigious lineup of financial, insurance and legal firms, as well as high end retail. Classical Revival architecture and pristine restoration earned the James Building placement on the National Register of Historic Places in 1979. Due to efforts by current owners, Urban Story Ventures, The James Building is Energy Star rated. Energy Star is a U.S. Environmental Protection Agency voluntary program that helps businesses and individuals save money and protect our climate through superior energy efficiency.
King Street Station (Rivermont King Street, LLC) - 1220 King Street, Chattanooga 37402
King Street Station is a multi-story mixed-use redevelopment in the heart of Chattanooga’s vibrant downtown corridor. The 2-acre site and 77,000 square foot storage building was acquired at an attractive price and has appreciated significantly due to downtown’s evolving residential, restaurant and retail scene. The development anticipates a boutique hotel, office, condos and retail use.
Edney Innovation Center (DEW Edney, LLC) - 1100 Market Street, Chattanooga 37402
Originally built in 1953 for TVA, the 85,000 square foot Edney Building currently anchors Chattanooga’s Innovation District. Now boasting ten floors of office and retail, plus a crowning rooftop event space, The Edney Innovation Center serves as a connecting point, support base and catalyst for the area’s entrepreneurial ecosystem. Due to its strategic location, it will benefit from proximity to other crucial physical, economic and social assets required to attract and support technology-based entrepreneurs and help them grow their companies, thus spinning off benefits for the community as a whole, officials said. At the time of construction, electric heating of the newly erected eight-story TVA office completed a category of different structures classified as all-electric. The building is brick veneer over 12-inch concrete block with reinforced steel pilasters and concrete slab flooring. The property, which TVA owned for 65 years, has been re-envisioned as the hub of Chattanooga’s Innovation District by current owners, Mayor Berke, The Enterprise Center and Society of Work. Due to efforts by current owners, Urban Story Ventures, The Edney Innovation Center is Energy Star rated. Energy Star is a U.S. Environmental Protection Agency voluntary program that helps businesses and individuals save money and protect our climate through superior energy efficiency.
Dome Building (Dome Building Realty Partners, LLC) - 736 Georgia Avenue, Chattanooga 37402 National Register of Historic Places since 1979
Built in 1892, the Dome Building serves as a major architectural feature of Chattanooga’s downtown skyline. Poised on the corner of Georgia Avenue and East Eighth Street, the 65,000 square foot historic building was originally known as the Ochs Building, but most often referred to as the Times Building. Adolph Ochs, the edifice namesake and owner of The Chattanooga Times , became one of Chattanooga’s greatest boosters. At the time of construction, the Dome Building was the city’s tallest structure with a gilded, copper cupola directly above the six-story turret on the southwest corner. Designed by New York architects Theodore DeLemos and A.W. Cordes, the building’s western and southern sides are of the Italian Renaissance Revival style, while the two backsides are solid brick. The west and south sides also incorporate stone arches, Doric columns and elaborate stone cornices.
The Dome Building Press Annex, a three-story structure on the back side of the original building, was constructed in 1917 by Ochs. It served as the location of the printing operations for the newspaper until the late 1940’s. Home at one time to the Chattanooga Times, North American Royalties and many other noteworthy tenants, the interior was completely renovated in 2004 by its owner Dome Building Realty Partners, LLC. The exterior has also been restored to its historic appearance.
On February 15, 1979, the United States Department of the Interior placed the building on its National Register of Historic Places. The recognition was due to the importance of Adolph Ochs’ work in Chattanooga, the success of the The Chattanooga Times and the significance of Ochs using his business sense developed here to purchase a failing New York Times and successfully make it the most highly circulated paper in the United States. Due to efforts by current owners, Urban Story Ventures, The Dome Building is Energy Star rated. Energy Star is a U.S. Environmental Protection Agency voluntary program that helps businesses and individuals save money and protect our climate through superior energy efficiency.
Midtown (OBC Properties, LLC) - 5746 Marlin Rd, Chattanooga, 37411
Midtown has been synonymous with value in Chattanooga for over 33 years. Since its inception, this leader in professional office environments has grown with the city and now encompasses a 56-acre campus with more than 475,000 square feet of office space. For the small business, Midtown Office Park offers affordable space with first class amenities. As your business grows, Midtown’s unique and varied opportunities expand with you, providing the right combination of offices space and services to suit your changing needs. Midtown property management and leasing, through Urban Story Ventures, provides interior space planning and design services, contract work and management. Ample, free parking is available as well as walking paths and outdoor leisure areas. Conveniently located 15 minutes from downtown Chattanooga, there are numerous restaurants, lodging, fitness centers and golf courses nearby. With the metropolitan airport located 2 miles away, the traveling business person is set for success.
Due to efforts by current owners, Urban Story Ventures, Midtown is being retrofitted with interior and exterior LED lighting as well as HVAC controls to decrease our carbon footprint.
Aerisyn (Talon Aerisyn, LLC) - 959 Windtower Drive, Chattanooga, 37402
Logistical infrastructure was the driver behind Urban Story Ventures acquisition of Aerisyn. The incredible access and Chattanooga growth make this a highly desired location. The 264,000 square foot industrial building sits on 16.7 acres and is host to a global leader in the science tribology, HEF USA.
“GE / Alstom” (West End Property, LLC) - Riverfront Parkway
Located along the Tennessee River in the heart of downtown Chattanooga, the +/- 95 acre industrial and office campus is the site of the next major development in the City. The former GE / Alstom nuclear boiler manufacturing plant was acquired in May of 2018 under a new partnership, West End Property, LLC. Plans to redevelop much of the site include retail, restaurant, office and recreation. The more modern facility, renovated in 2009 and known as the Blue High Bay Buildings, will remain industrial due to the state-of-the-art infrastructure available to a future user.