The new owners of the Tennessee Brewery have announced their $28 million renovation plans for the 125-year old historic structure. The Brewery will include 58 residential units with ground floor commercial and office space. The team will also be constructing a new neighboring 4-story building called The Wash House that will include 90 residential units. In sum the project will include 148 new apartments and 349 parking spaces.
Construction is expected to start late this year with a hopeful completion in 2016. During the construction phase, the project's estimated economic impact is $43.8 million and will create 307 new jobs. When complete, the project will have an estimated $5 million annual economic impact and will create 51 jobs.
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