The Next Step in Historic Downtown Knoxville’s Revitalization
Marble Alley Lofts is a new, exciting, and upscale mid-rise apartment community coming to life in the very heart of historic downtown Knoxville at 300 State Street. This new venture is the creation of developer Buzz Goss, who has described Marble Alley Lofts as a “transformative piece” in Knoxville’s evolving downtown landscape. Several developmental phases are planned, including residential apartments and retail and commercial spaces. Constructed by TDK Construction, Marble Alley Lofts has selected RAM Partners, LLC as its property management agency, which is directed by Ram Partners, LLC Area Vice President Gabriele Preston.
EK: Tell us a little bit about this exciting new community.
Gabriele: Marble Alley Lofts will feature 248 one- and two-bedroom apartment homes of which a portion will be completed and ready for occupancy in the September to October 2015 timeframe. Our company, RAM Partners, LLC, will be responsible for leasing and managing the community. We have worked with and managed a number of other developments built by TDK Construction, who is one of our best clients. They have a strong commitment to unsurpassed quality and are very responsive to the evolution in architecture and the needs of the community’s residents. Every community they build seems to surpass their last. Their homes are functional and professionally designed with the latest multifamily living amenities.
Like some of their other communities, Marble Alley Lofts will also feature granite kitchen and bath countertops, stainless steel appliances, and hard surface plank flooring in the living and dining areas. A majority of our apartment homes will include additional special features such as built-in bookcases, kitchen islands, double sinks, and garden tubs in the master baths. Amenities include a saltwater swimming pool and generous indoor and outdoor gathering spots, including a game room with billiard and card tables. Flat screen televisions, computers, and a printer will be integrated throughout these spaces.
EK: Who will Marble Alley Lofts appeal to?
Gabriele: Well, I think everyone, but especially those who work downtown or come here to be a part of the area’s unique ambiance. We’ve received numerous inquiries from people that want to live downtown but not in a student housing setting, and Marble Alley Lofts fits this demographic. It is a traditional mid-rise community that makes no special provisions for students. So, in other words, potential residents will have to meet the income and credit criteria to qualify for an apartment home here.
EK: Adequate parking can be challenging downtown, especially on game days. What are your plans to meet your residents’ parking needs?
Gabriele: There will be a five level private parking garage for our residents and their guests. Residents will never have to worry about where to park. In fact, they don’t have to own a car at all.
EK: What do you mean they don’t have to own a car?
Gabriele: Residents can walk to get to nearly everything they need or desire, whether it’s to eat, buy groceries, go to the movies, or take care of their dry cleaning or banking. All of these conveniences are walkable. In fact, walkscore.com ranks Marble Alley Lofts a 92 out of 100, calling it a “Walker’s Paradise.” Plus there’s public transportation – the KAT bus or the free trolley – serving the major tourist attractions, and there’s a car rental business that will actually pick you up.
EK: These apartment homes are still a year away from completion. Can someone reserve an apartment now?
Gabriele: Absolutely! In fact, we expect to pre-lease most if not all the homes before the building even opens its doors. Those that are interested can get on board by visiting our website at www.marblealleylofts.com and completing a Guest Card. A representative will be in touch with them to answer their questions and help them reserve a home. Also, if one is already renting an apartment at a RAM managed community, they can be given priority status at a discounted rate.
EK: Will people really lease an apartment before they can see a completed unit?
Gabriele: That’s a good question, and the answer is yes. The technology we utilize today is incredible. We hired a designer with an architectural background, and he has taken the construction plans and developed real life animated images and a video of what the apartment homes and building will actually look like. It’s amazing the level of detail, right down to the subway tiled backsplash in the kitchens. These images provide you with the actual look and feel of what the Marble Alley Lofts will become. You can view these images along with the floor plans on our website. We also have actual samples of the finishes, so if someone is interested, a representative can meet with them and show them the sample cabinetry, granite countertops, etc.
EK: What everybody wants to know is how much the apartments will rent for?
Gabriele: Prospective residents are going to qualify for the best rental rates now. The earlier you rent an apartment home, the lower the price is, because as demand increases, so does the rent. Right now our smallest one-bedroom homes rent for $979. The larger one-bedroom homes, which are 742 square feet, are renting for $1,269, and the two-bedroom apartment homes start at $1,729. A parking space is also included with the rent.
EK: If someone would like to speak with you or a representative, what is the best way to do that?
Gabriele: I would encourage those that are interested to go and look through our website first at www.marblealleylofts.com. One of our Leasing Consultants, Candace or Tracy, will follow up on all Guest Cards. If someone would like to speak to me, they can either send me an email at firstname.lastname@example.org or reach me at 865-288-0141.
EK: Is there anything else you would like to add?
Gabriele: I really would like to invite all of your readers to discover for themselves all of the wonderful opportunities that Marble Valley Lofts can offer them. I am confident they will be just as impressed as I was when I was first introduced to this truly one-of-kind experience.