We are pleased to announce the stabilization of Springs at Chattanooga, a 260 unit Class A apartment community just north of Hamilton Place Mall in Chattanooga.
Springs at Chattanooga is Continental's second successful Springs project in Tennessee. This project demonstrates Continental's commitment to teamwork and the ability to execute across disciplines. Chris Moore, our Director of Multifamily Acquisitions, found the site and skillfully led his development team in coordinating underwriting, diligence and entitlements. Justin Sell, Assistant Project Manager, managed the construction of the community, working closely with both our contractor and our operations team to deliver quality product for our customers. Tara Daniels, our Property Manager, oversaw the lease up of the community and ensures that we deliver industry leading customer service to our residents.
This marks Continental's first of an anticipated nine stabilizations in six different states this year.