Downtown Knoxville Apartments MAC at Fifth would house entrepreneurs – Knoxville News Sentinel | Hot Mobile Press

  • The MAC building on Fifth Avenue is being demolished for a unique apartment concept.
  • MAC at Fifth would include street-level units where entrepreneurs could live, work, and sell their products.
  • Housing is needed throughout Knoxville, including downtown, which is 99.59% occupied.
  • Amenities could include 50 parking spaces, a fitness center and a rooftop terrace for residents.

The outdated MAC building, identified by its iconic sign on the north edge of downtown Knoxville, is scheduled for demolition. But more people will be able to enjoy the property through a development that blurs the lines between residential and retail.

MAC at Fifth, a approximately $40 million project by Rhode Island-based Bluedog Capital Partners, will provide ground floor units where entrepreneurs can live, work and sell products.

The new building would be U-shaped, five stories high, and stretch along West Fifth Avenue between Williams Street and King Street. Bluedog, which Sarah Harris, director of acquisitions, recently expanded into her hometown of Knoxville, acquired the property in May for $2.1 million.

Demolition could begin early next year and developers hope to open MAC in fifth place in 2024.

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