Knoxville, TN—Mallory & Evans Partners alongside alternativeasset management firm Ozone Capital Management, recently unveiledplans for the redevelopment of the 156-year-old Kern Bakery site.Ozone Capital is financing the project. Plans call for theconstruction of a mixed-use development which preserves thehistoric site and will include retail, entertainment, restaurants,and office space. A 160-unit multifamily complex and a hotel willalso be part of the 16-acre development area.

“The building has a great street presence and we will keep asmuch of the history of Kern's as possible,” says Brantley Basinger,principal of Mallory & Evans Partners says. “The entire frontwill remain as required by the historic preservation guidelines. Wewill add natural lighting and possibly a rooftop patio. The oldloading docks will become an event lawn.”