Knoxville’s Community Development Corporation (KCDC). along with business and community leaders and members of the Five Points community recently broke ground on Five Points Phase 3, an affordable housing complex to be built at the west corner of Martin Luther King Jr. Avenue and McConnell Street.

Knoxville Mayor Madeline Rogero, the Department of Housing and Urban Development (HUD), Tennessee Housing Development Agency (THDA), Wells Fargo, Home Federal Bank, elected officials, construction partners and stakeholders joined the celebration for the upcoming 28 building, 80-unit complex. Construction is expected to be completed in summer 2019.

“Today is another example of successful collaboration among KCDC, HUD, the City of Knoxville and THDA – and continues our commitment to affordable housing in the Five Points community,” KCDC Executive Director and CEO Ben Bentley said. “This ongoing redevelopment has helped transform the fabric of this neighborhood. I look forward to welcoming families to their new homes next year.” “Phase 3 of the Five Points revitalization continues the community’s vision for a vibrant, walkable, livable neighborhood,” Rogero said.

“The new attractive housing and community amenities, such as play areas and green space, will create a comfortable environment for residents and enhance the surrounding neighborhood.”

The Five Points Phase 3 project was designed by Knoxville’s Barber McMurry Architects and Pittsburgh-based Urban Design Associates, and the construction contractor is Jenkins & Stiles, LLC. KCDC’s owner’s representative on the project is Partners.