River City holds $200 right to old stadium site; Sports Authority receives Hawk Hill redevelopment update

At its June 11 annual meeting, the Sports Authority of the City of Chattanooga received an update on the new stadium and the status of the old stadium parcel on Hawk Hill, including River City’s $200 right of first refusal and preliminary developer outreach for redevelopment.

The update matters because the old stadium parcel sits on previously underused riverfront land that could return to the property tax rolls and support new housing, commercial space and parkland if River City or another developer proceeds with redevelopment. Authority members discussed demolition and equipment removal issues, a recent request-for-information process, and an anticipated request for proposals.

“The structural steel is up, so it is underway,” the Chair said, describing progress on the new stadium. The Chair said the new venue is being built on schedule and that “the last I heard, they are looking…