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  • Knox News | The Knoxville News-Sentinel

    New, 'resort-style' apartments add to Alcoa's growing Springbrook Farm

    By Silas Sloan, Knoxville News Sentinel,

    2024-03-21
    https://img.particlenews.com/image.php?url=1h0Bky_0rzwj5Gs00

    Vital at Springbrook Farms, a new apartment complex in Alcoa just a mile away from the thriving McGhee Tyson Airport, offers "resort-style" apartments in the growing Springbrook Farms development.

    The $45 million apartment complex broke ground in January 2022 and was developed by StoneRiver Company and Bluedog Capital Partners.

    Vital gives residents direct access to greenway trails and is within walking distance to Springbrook Farm, a 360-acre development transforming the area with restaurants, a hotel, community parks and more.

    Springbrook Farm has nearly 400,000 square feet of retail space, 200,000 square feet of office space and land planned for homes, townhomes, senior living and more.

    Located at 1605 Centennial Park Blvd. the 300-unit apartment complex has:

    • 32 studios
    • 176 one-bedroom apartments
    • 92 two-bedroom apartments

    Prices range from $1,360 to $2,300 a month depending on the floorplan, according to co-developer StoneRiver Company. It's leasing now.

    Apartments in Alcoa offer views of Smokies

    StoneRiver told Knox News "resort-style" means luxurious amenities often found at upscale vacation resorts.

    With views of the Great Smoky Mountains, amenities at the complex include:

    • Resort-style pool
    • Fitness center
    • Golf simulator
    • Dog park
    • Car wash station

    It's only a 1.2-mile distance to the airport for frequent flyers, and it's adjacent to the Alcoa Duck Pond, Alcoa High School and more.

    Silas Sloan is the growth and development reporter. Emailsilas.sloan@knoxnews.com. Twitter@silasloan. Instagram@knox.growth.

    Support strong local journalism by subscribing at knoxnews.com/subscribe.

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    Comments / 6
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    Penny
    03-23
    That’s less than what you would pay for a $250-350k home mortgage with interest rates where they are. Considering the median home price in Blount is $385k and in Knox is $425k the rents on these apartments would be considered on par with entry level…the problem is that with the Fed’s mishandling of inflation wages haven’t kept up. I’ve said all along that an implosion in the housing market would be the equivalent of a “Black Friday” moment that could be the tipping point of a major depression….we’re on the verge for sure.
    av
    03-22
    Should’ve built more section 8 to deal with our ever growing homeless population instead of pushing out our long time residents a lot of families are living out of motels and cars right now
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