Skip to content

KCDC Launches Construction On New Points Affordable Housing




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.

More Stories

  • Latest Issue 2 20

    Read More
  • Editor's Letter

    In this issue we clearly had marriage on our minds. There’s that beautiful cover. And then pages and pages of beautiful weddings. The venues ranged from the church down the street to tropical islands, but no matter the place, each couple’s wedding included things special to them. Read More
  • Markman's Makes Donation to Survivor Fitness Foundation

    Steve Markman, President of Markman’s recently presented a check for $3,000 to Meg Grunke, Co-Founder and Executive Director for Survivor Fitness Foundation. The check was presented as a result of two recent fundraisers held at Markman’s flagship location at 6932 Kingston Pike in Knoxville... Read More
  • SmartFinancial, Inc. Announces Acquisition of Progressive Financial Group, Inc.

    SmartFinancial, Inc., parent company of Progressive Savings Bank, has announced their entry into an agreement and plan of merger pursuant to which SmartFinancial will acquire Progressive. As of September 30, 2019, Progressive had approximately $296 million of total assets, $258 million in deposits, $190 million in net loans and six branches across Cookeville, Crossville, Jamestown, and Wartburg, Tennessee... Read More