(Read more on the multifamily market.)
CHATTANOOGA, TN-Construction is expected to begin in two weekson the $16-million, 58-unit Mayfair on Market condominium projecton the 700 block of Market Street in the city's Central BusinessDistrict.
The nine-story project is being developed by locally basedTrafalgar Development Corp. The Chattanooga Housing Authority isproviding nearly $3.4 million in equity financing through FannieMae under the Community Express program. The project will include11,000 sf of ground-floor commercial space and a 182-space parkingdeck.
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