July 2017 (Denver, CO) – RESIGHT is proud to announce the closing of the first sale in the West Plant Redevelopment project to Springbrook Properties for new residential lots development.
“We anticipate this being the first of many sales in the near future as we transform the former West Plant.” said Mikk Anderson, Senior VP and Founding Member of RESIGHT. “The rapid progress from groundbreaking to this first closing in just a few months is a strong indicator of the potential impact of this dynamic project.”
Danny Kirby, a partner with Springbrook Properties, said the company is excited to participate in the first phase of the West Plant redevelopment. “Alcoa is a vibrant community with strong potential for new residential development,” Kirby said. “We plan to build classic, Craftsman-style homes that combine a small-town feel with big-city convenience. This project will be a complement to the historic Springbrook neighborhood, and to the great schools and amenities nearby, including the ball fields, park and community swimming pool.”
Maribel Koella, principal broker of NAI Koella | RM Moore, said NAI is grateful for the opportunity to work with RESIGHT and the City of Alcoa on the project. “Redevelopment of the West Plant site will have a significant positive impact on Alcoa and Blount County,” Koella said. “RESIGHT’s long track record of transforming former industrial land makes it a perfect fit for this project, and NAI is proud to work alongside them.”