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.