Tuesday, October 17, 2006

The Candy Factory Lofts Auction

Brian Hornback of Brian's Blog attended this evenings auction of the Candy Factory Lofts. If he got it correct the highest bid was $315,000.00 for a loft with an opening bid of $197,500.00. The square foot price is around $250.00 a square foot. Downtown Knoxville is now garnering more than West Knoxville in square foot prices. The foundry was nearly at capacity. The atmosphere was Great.

A revitalization of Downtown Knoxville is within view.

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