WASHINGTON, D.C. – September 27, 2013 – (RealEstateRama) — A planned $165 million development on the former Baptist Hospital site along Knoxville’s South Waterfront is moving forward, and the City of Knoxville and Knox County are proposing a tax-increment financing (TIF) transaction to support it. The proposed TIF would be authorized by an amendment to the existing Knoxville South Waterfront Redevelopment and Urban Renewal Plan, and would cover the property running along both sides of Blount Avenue from the Gay Street Bridge to just west of the Henley Bridge. A public hearing on the TIF proposal has been set for 4 p.m. on Thursday, Oct. 10th, at the KCDC offices at 901 N. Broadway.
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