CARTA eyes more parking [Chattanooga Times Free Press, Tenn.] - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Get our newsletter
Order Prints
July 27, 2010
Share
Share
Tweet
Email

CARTA eyes more parking [Chattanooga Times Free Press, Tenn.]

July 27--Another parking garage could be in downtown's future as CARTA officials look to supply more spaces for the Hunter Museum of American Art and Bluff View Art District.

The Chattanooga Downtown Redevelopment Corp., a city panel, on Monday agreed to consider one idea -- a garage at Walnut Street and Riverfront Parkway next to a new apartment building slated to go up soon.

However, CARTA Executive Director Tom Dugan said there's no city funding for the garage, which was not included in Chattanooga's new budget.

He said CARTA may have to look at a different spot unless funding is found. The CARTA official said he isn't hopeful of securing federal grant money.

If the Walnut Street deck doesn't work out, Mr. Dugan said Unum Group has indicated it will look at selling some of its surface lots nearby for redevelopment after the insurer finishes its employee parking garage.

He said CARTA could join with a developer on one of those lots to put up more public parking.

"There's no question the Bluff View Art District could use additional parking," Mr. Dugan said.

Dan Johnson, Mayor Ron Littlefield's chief of staff and a Redevelopment Corp. board member, said the money for the proposed garage at Walnut wasn't included in the city budget because of fiscal restraints.

But, Mr. Johnson said the need for more parking in the area is real.

Chattanooga businessman John Clark is leading a development team to raise Walnut Commons, a $9 million, 100-unit apartment complex. It's the biggest apartment building planned downtown in decades.

Mr. Clark said Monday that construction on the project could start within 90 days. He said he'd welcome the proposed one-level, 80-space CARTA garage if funding is available.

"We're hopeful," he said.

The Redevelopment Corp. authorized a memorandum of understanding between the parties for the garage, which would cost an estimated $1.5 million.

To see more of the Chattanooga Times Free Press, or to subscribe to the newspaper, go to http://www.timesfreepress.com.

Copyright (c) 2010, Chattanooga Times Free Press, Tenn.

Distributed by McClatchy-Tribune Information Services.

For more information about the content services offered by McClatchy-Tribune Information Services (MCT), visit www.mctinfoservices.com, e-mail [email protected], or call 866-280-5210 (outside the United States, call +1 312-222-4544)

Newer

BRIEF: Anthem Blue Cross of California names Pam Kehaly president: The veteran insurance industry executive replaces Leslie Margolin, who resigned last week. [Los Angeles Times]

Advisor News

  • 2026 may bring higher volatility, slower GDP growth, experts say
  • Why affluent clients underuse advisor services and how to close the gap
  • America’s ‘confidence recession’ in retirement
  • Most Americans surveyed cut or stopped retirement savings due to the current economy
  • Why you should discuss insurance with HNW clients
More Advisor News

Annuity News

  • Guaranty Income Life Marks 100th Anniversary
  • Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
  • Suitability standards for life and annuities: Not as uniform as they appear
  • What will 2026 bring to the life/annuity markets?
  • Life and annuity sales to continue ‘pretty remarkable growth’ in 2026
More Annuity News

Health/Employee Benefits News

  • Hawaii lawmakers start looking into HMSA-HPH alliance plan
  • EDITORIAL: More scrutiny for HMSA-HPH health care tie-up
  • US vaccine guideline changes challenge clinical practice, insurance coverage
  • DIFS AND MDHHS REMIND MICHIGANDERS: HEALTH INSURANCE FOR NO COST CHILDHOOD VACCINES WILL CONTINUE FOLLOWING CDC SCHEDULE CHANGES
  • Illinois Medicaid program faces looming funding crisis due to federal changes
More Health/Employee Benefits News

Life Insurance News

  • Guaranty Income Life Marks 100th Anniversary
  • Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
  • Suitability standards for life and annuities: Not as uniform as they appear
  • Looking at Medigap supplements
  • What will 2026 bring to the life/annuity markets?
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
  • RFP #T02425
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet