Developers say Tapestry at Roan Hill ready to start resident moves after financing and construction milestones
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Summary
Developers and the Johnson City Board heard an update on Tapestry at Roan Hill, a 145‑unit replacement housing development financed in December 2023. LHP Capital reported construction completion near finish and a goal to move residents before Christmas, delayed slightly by signage requirements.
Talal, representing LHP Capital (the managing developer), updated the Johnson City Board of Commissioners on Nov. 6 on Tapestry at Roan Hill, the replacement housing project for the John Sevier Center.
Talal said the project’s financing closed in December 2023 after a multi‑year development process that included a Section 8 HAP transfer and Low‑Income Housing Tax Credit awards. Merit Construction and design partner Smith G out of Nashville led the build; the development contains 145 one‑bedroom units. Talal said the development team hoped to begin moving residents in November but delayed initial moves to secure proper signage; the team’s goal is to complete moves prior to Christmas and not during the holiday.
Commissioners toured the new complex and described the new units as larger with in‑unit washers/dryers, improved courtyards and proximity to grocery and bus service. City and developer representatives emphasized that the project replaces a 100‑year‑old building and that multiple regulatory and financing steps over six years were needed to reach this point.
Why it matters: The project replaces aging public housing units with modern, accessible apartments, preserving Section 8 subsidies and connecting residents to transit and neighborhood retail. Moving residents without disruption and maintaining the new property will be important next steps.
What was not resolved: The transcript reports the developer’s schedule, financing history and intent; it does not include the final move schedule for every resident nor post‑move management agreements in full detail.
