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UPDATE: Developers of ‘The Bend’ Given 90-Day Extension for Default Notice

Summary by Local 3 News
The Chattanooga Industrial Development Board has issued a default notice to Urban Story Ventures over changes in ownership and financing of The Bend redevelopment project, citing concerns about compliance and lack of board consultation regarding a recent $47.5 million loan and partner buyout.

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Developer Jimmy White Given Another 90 Days To Show He Is Not In Default Of Bend Agreement

The City's Industrial Development Board on Monday voted to grant another 90 days for developer Jimmy White to show he is not in default on a Tax Increment Fi...

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UPDATE: Developers of ‘The Bend’ given 90-day extension for default notice

The Chattanooga Industrial Development Board has issued a default notice to Urban Story Ventures over changes in ownership and financing of The Bend redevelopment project, citing concerns about compliance and lack of board consultation regarding a recent $47.5 million loan and partner buyout.

Read Full Article
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Local 3 News broke the news on Monday, October 5, 2026.
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