OZ Redevelopment Plans for Historic Bakery Site Unveiled

Brantley Basinger

Knoxville, TN—Mallory & Evans Partners alongside alternative asset management firm Ozone Capital Management, recently unveiled plans for the redevelopment of the 156-year-old Kern Bakery site. Ozone Capital is financing the project. Plans call for the construction of a mixed-use development which preserves the historic site and will include retail, entertainment, restaurants, and office space. A 160-unit multifamily complex and a hotel will also be part of the 16-acre development area.

“The building has a great street presence and we will keep as much of the history of Kern’s as possible,” says Brantley Basinger, principal of Mallory & Evans Partners says. “The entire front will remain as required by the historic preservation guidelines. We will add natural lighting and possibly a rooftop patio. The old loading docks will become an event lawn.”