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The Village at Westland Cove apartment project currently in lease-up phase


KNOXVILLE — The Village at Westland Cove, a 240-unit, Class A, multi-family apartment project situated along Fort Loudoun Lake in West Knoxville, is currently in its lease-up phase after the final building was delivered in December 2019.

According to StoneRiver Company — the Birmingham, Alabama-based firm whose Property Management division is managing the site — the project is seeing early leasing velocity that they anticipate will accelerate even faster during first quarter.

“Thanks to the thoughtful design of its one-, two-, and three-bedroom floor plans — coupled with its unique lakeside location, luxurious resort-style amenities and easy I-40 access — The Village at Westland Cove is a sought-after living space for Knoxville residents desiring a vacation-like feel for everyday living,” said Diane Chastain, vice president of StoneRiver Property Management.

Birmingham-based Capstone Building served as general contractor for the project. In addition to floor plans offering up to 1,521 square feet of living space, amenities such as direct access to Fort Loudoun Lake, garages, a swimming pool, sundeck, outdoor kitchen, picnic area, two on-site dog parks, 24-hour fitness center, cycling room, yoga room, business center, and pet spa all make for a unique addition to the Knoxville leasing landscape.

When asked about StoneRiver’s choice to develop in Knoxville, Welden noted, “We like the fundamentals of the Knoxville market and are interested in growing our multifamily portfolio in the area because demand has suppressed vacancies below historical averages. In this current economic expansion, the city has achieved remarkable economic growth due to a low cost of living, growth in the hospitality and manufacturing sectors, and the presence of the University of Tennessee, the U.S. Department of Energy and Covenant Health — which together employ nearly 30,000 people.”

For more information on The Village at West Cove, please visit VillageatWestland.com. To learn more about StoneRiver Company and its real estate services, visit StoneRiverCompany.com.

About StoneRiver Company
Originally founded in 1995 to manage real estate investments for high net worth individuals, Birmingham, Alabama-based StoneRiver Company has since become a full-service real estate company that has acquired, developed, leased, managed and sold real estate with an aggregate gross asset value exceeding $1 billion. StoneRiver Company currently owns and operates a large multifamily portfolio throughout the Southeast and is currently fundraising for its Fund II. More information can be accessed at StoneRiverCompany.com.


Published January 28, 2020










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