Urban Story Ventures to break ground on Class A industrial building

Learn more about the $28 million investment by Urban Story Ventures in a state-of-the-art Class A Industrial building.

NOOGAtoday | Riverport site

The Class-A industrial building will be constructed on the 19-acres behind the existing Fortis facility.

Photo provided by Urban Story Ventures

Urban Story Ventures, a southeast real estate development group behind projects like The Bend, will soon break ground on a state-of-the-art Class A industrial building along Amnicola Highway + the Tennessee River.

The group has invested $28 million into the development, which sits on 19 acres within the Centre South Riverport Industrial Park.

Co-owner and developer of the property Jimmy White says the new build is a solution to Chattanooga’s need for more Class A industrial space.

“Several years and over a million and a half square feet later, we’re making another significant investment to attract one of Chattanooga’s next big employers,” said White.

Here’s some history of the site — Urban Story Ventures purchased the Riverport site in 2020 + leased a portion to Fortis Products, LLC. As a result of Fortis’ growth, the group sold the space and the adjacent developed grounds it previously leased to the business in 2023.

NOOGAtoday | Riverport site

Urban Story Ventures will team up with Grace Construction + Method Architecture to construct the building.

Rendering provided by Urban Story Ventures

Now, the group will construct the Class A industrial building where Fortis’ existing facility ends, stretching to the Tennessee River.

What’s in store for the site? The designs include:

  • At least 185,000 sqft of light to heavy industrial or logistics space
  • Potential for 40,000 sqft of mezzanine space
  • Several loading docks
  • Ample parking
  • Gated entry

Urban Story Ventures said it is open to leasing the space to one or multiple tenants, with a focus on prospects “looking to expand their business or relocate from another market.”
A groundbreaking ceremony is slated for Thursday, March 21 at 2 p.m. Folks interested in attending can RSVP online.

More from NOOGAtoday