Teaster Ln and Jake Thomas Rd, Pigeon Forge, TN 37863 - vacant land property

Detailed information about vacant land property which situated in Pigeon Forge (37863) city, Tennessee state on Teaster Ln and Jake Thomas Rd.

Additional Information: NAI Knoxville is pleased to offer this opportunity to purchase the infill development site. Located in a highly desirable tourism market and part of the new dynamic Pigeon Forge City Events Center and the newly proposed Cal Ripken Experience submarket, this submarket is in need of a convention hotel and this is the site for it. This site consists of one tract, which can be purchased together or subdivided totaling approximately 24.42 acres. The site was originally master planned as a mixed use village center that would contain retail, entertainment, hospitality, timeshare and overnight rentals. The site is suitable for all of those uses and is now available to the stand alone hotel, restaurant, timeshare or retail developer that is interested in leveraging all this thriving tourism market has to offer with the public and private funds that are currently being invested in adjacent properties and related infrastructure. The site is adjacent to the new 232,599 square foot event center that is currently under construction and is scheduled for completion in 2013. Known as the LeConte Center, the complex will connect to a 3,000 car parking lot and trolley depot, as well as the mile long lighted and landscaped RiverWalk along the Little Pigeon River. In addition to the Events Center directly across the street, The Jake Thomas Boulevard extension is due to start expansion in early 2012. The road extension will connect Dollywood directly to the Pigeon Forge Parkway. This extension and the eventual connection of these two highly traveled tourism arterials will ensure that this is the most convenient and highly sought out undeveloped property in this market. Last but not least, the newly proposed Cal Ripken Experience is set to expand, on the adjacent site. Cal Ripken’s preliminary plans show nine fields, on site, and project 70,000 player visits a year.