April 12, 2005 - Development of the South
Knoxville waterfront should proceed in incremental steps utilizing
a vision of its potential for new housing, commercial and recreational
Study [PDF] (3.4 MB)
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The feasibility study, authored by Fregonese Calthorpe Associates
and funded by the City of Knoxville and the East Tennessee Community
Design Center, recommends that tax-increment financing - the difference
in taxes paid by current development and new development on a specific
site - be used for some of the infrastructure needed to support
The report also suggests that a master plan be developed that
builds upon the Metropolitan Planning Commission's sector plan,
neighborhood plans and current development activity and include
The master plan should address, according to the study: land uses
and zoning; urban design guidelines; economic forecasts; transportation;
streetscapes; utilities; capital improvements; public access to
the waterfront; and archeological surveys.
Several factors make the South Knoxville waterfront amenable to
development including the views, lake access, proximity to downtown
and the University of Tennessee area, and relatively low property
Obstacles to development, according to the survey, include steep
slopes, floodplain, archeological sites and existing industrial
"This study gives us a good road map on the different options
we could consider to stimulate development along the South Knoxville
waterfront," Mayor Bill Haslam said. "We will take these
recommendations under consideration as we proceed with the budget
for the 2005-2006 fiscal year and develop financial forecasts for
our future needs."
The full study is available on the City's website at www.cityofknoxville.org.