The first of three phases of development of the Kerns Bakery site is complete, with the opening of Flagship Kerns, a 160 unit apartment complex on top of the hill overlooking the Kerns Bakery Building, with a view of the city and UT campus. The development opened in January.
The development consists of two buildings with eighty one and two bedroom apartments in each. One building has been opened, with the other being held, likely until summer. In the weeks the first building has been open, it is approaching fifty percent capacity.
The units come fully furnished (though there is an unfurnished option), and include washer and dryer, as well as 55 inch, mounted televisions. Leases start at just three months and the two bedroom units allow for split leases. New residents do not have to set up utilities, as each unit is metered individually and charged with rent.
The development is designed to attract graduate students and young professionals. Early residents include a group of traveling nurses, people awaiting completion of homes currently under construction and others. The units feature smart thermostats and keyless doors, opened by scanners or by an app.
The entire site, including the Kern’s Food Hall and a to-be-named hotel, which will be new construction, are being developed by Mallory and Evans. As a result, the site will be inter-connected, with steps linking the apartments directly to the Kern’s Food Hall below. A pedestrian bridge will lead from the site to the parking garage on Blount Avenue.
The apartments are within an fifteen to twenty minute walk of the heart of downtown and an even short bike ride. Additionally, a trail is planned to lead directly from the site to Mead’s Quarry and the Urban Wilderness.
One bedroom units include 672 square feet and cost $1299 per month, while two-bedroom units include 852 square feet and lease for $1798 per month. Split leases for the two bedroom units cost $899 per month, per person.
Also included in the first phase of development is a clubhouse with a computer center, conference room, lounge areas, a fitness facility and a pool. Pets are welcome, but come with extra fees.
Next up we’ll look at current plans and timelines for the Kern’s Food Hall.