REVITALIZATION MASTER PLAN
In 2009, KCDC began a multiyear, multiphase revitalization project of the Five Points community in East Knoxville, which includes an overhaul of public housing in the area. The project will span more than a decade and cost $85 million.
To date, more than $21 million has been invested in affordable housing, and positive change already is taking place in the Five Points area. The City of Knoxville has committed $8 million over 10 years toward the project, and the remainder will be funded through both federal funds and private loans via the HUD rental assistance demonstration program (RAD).
In 2014, KCDC conducted an extensive master planning process with significant community input obtained through public meetings. The Five Points Master Plan details the vision for the next phases of redevelopment in the area.
The next phase in the redevelopment of Five Points is the construction of a 90-unit senior housing property located at Bethel Avenue and McConnell Street. In 2015, KCDC was approved for low-income housing tax credits on the property and broke ground on the project in spring 2016. Design plans are being completed for a three-story building that will include 84 one-bedroom units and six two-bedroom units. The property will have two elevators and community space, including a meeting room, computer stations and laundry facilities. The site also will offer an outdoor green space with picnic pavilion and a dog park.
In 2012, KCDC opened the first phase of new housing in the area. The Residences at Eastport is an 85-unit community, exclusively for seniors ages 62 and older. The development is a mixture of new construction and the repurposing of the former Eastport Elementary School building, which was reported to be the first African-American school in Five Points. The community has received numerous awards:
- LEED Platinum Certification from the U.S. Green Building Council
- U.S. Department of Housing and Urban Development Region IV Signature Project for the Sustainable Communities Initiative
- Knox Heritage Preservation Award
The Five Points neighborhood currently is home to two KCDC properties that were built in the 1960s – Walter P. Taylor Homes and the Dr. Lee L. Williams Senior Complex. The ultimate goal for the Five Points revitalization is to remove the outdated, aging properties and replace them with attractive affordable housing. In 2012, 183 of the 500 units at Walter P. Taylor Homes and the Williams Senior Complex were demolished as part of a first phase to replace older public housing in Five Points with new structures.
Throughout the community, KCDC has constructed several single-family homes, duplexes for seniors and families and two multiplex units. These infill units were placed on formerly blighted lots in Five Points and are designed to blend seamlessly into the existing fabric of the neighborhood. The housing units are new construction that began in 2011 and feature energy-efficient appliances and durable wood-textured plank flooring. In total, KCDC has placed 122 new units in the Five Points area.