The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1919-11-18
Pound to Erect Costly
Building on 1zth Street
Loft Building or Apartment
THouse to Be Constructed
lat Once.
OTHER IMPROVEMENTS
$4,000 to Be Spent In Re-
modelling Additional Hold
ings Here,

\ ings Here.
/ A half million dollar building is to
\ be erected Immediately by j. B.
1 Fndsop the property owned by him
dHEonally across Eleventh street
fHM the municipal building Mr..
P6Ind states that he will erect either
what is known as loft building, to
be used for manufacturing purposes.
or first-class apartment house. In
either case, he says, the building will
be from eight to ten stories high and
will be a reinforced concrete and
steel structure. The lot to be i'm
proved extends 210 feet facing on
East Eleventh street and is 100 feet
deep.
II an apartment house Is erected,
Mr.. Pound says that 1t will be up to
date In every respect and that there
will be some forty or fifty apart
1 ments of different sizes. On the
other hand, II loft building is con-
structed the structure win be strictly
modern and modelled after the large
loft buildings In the larger cities.
\ These buildings are used by various
manufacturing concerns. For exam
pie, one floor may be used by print
ing concern, the next floor by candy
factory and the next by clothing
concern.
There will be about $1,000 square
feet of space on each floor Mr.. Pound
ms estimated that either of the two
buildings will cost not less than $780,
4 900. He has owned the lot in ques-
ton for a number of years and feels
that now Is the logical time to i'm
prove it; he will do SO just as soon
as the plans are completed
Extensive improvements.
In addition to the new half million
dollar building for Chattanooga Mr..
Pound Is planning to spend approxi-
mately 100000 ineimprovernents on
the railroad property leased by him
ii fifty years and the Pound build
ing. now occupied by The Chatta-.
nooga News. He has planned to start
this work next Monday morning. Mr..
Pound Is going to convert the three
upper stories of the Southern Express
building into an annex for the Hotei
Patten. He will remodel the Eastern
hotel and The News building.
Mr. Pound expec,s to spend s50,oo0
on the Express building, $4,000 on
the Eastern hotel and $4,000 on The
News building, making total OF
100000. %
T. s. sweet. the contractor who SUI
perintented the work on the Ansley
and Henry Watterson hot SIS at At
larta and Louisville, respectively, has
been engaged by Mr. Pound for his
improvements here and will start to
work on the Eastern hotel and Ex-
press buildings next Monday. Tne
biggest improvement tina. VIII ne
made on the Eastern hetel building
Will be the installation Of thirty pri-
yate baths. 1t will also be redeco-
rated and painted on the inside and
outside and will be recarpeted. There
are 100 rooms in he Easter rn hotel
The store fronts used on the first
floor in the Southern Express build
ing will all be lowered to the level OF
the sidewalk and improved. hotel
lobby opening on Market street, as
well as on Georgia avenue, will be
built in the center Cf the building
where the present entrance ls one
hundred rooms will be built in the
Z annex to be used for hotel purposes.
Each room will have bath or
connecting bath and telephone. Mr..
Pound says that it will he furnished
Inst as completely as any hotel annex
in the country. He has already let
orders for the furnishings o. both the
annex and the Eastern hotel and ex-
meets to have the annex open and
ready for business within six months.
Faith in Chattanooga.
Occupants of the upper floors OF
the Express building are moving out
now so that work can be started next
week.
In speaking of the new improve
nents. Mr. Pound stated Monday art
ernoon that while there is possibly
not enough business in Chattanooga
at the present time to justify them,
he has faith in the future develop
ment of the city. With the opening
of the good roads that are now under
way leading into the city he declared
that he thought 1t would bring enough
business to crowd local hotels. There
are $50 rooms in the Hotel Patten and
100 in the Eastern hotel. which. with
the 100 rooms in the annex, will make
a total of $40 rooms operated by the
Pound interests,
The building now occupied by The
Me- rs will be converted into first
class office building. The structure
will be remodeIed both on the inside
and outside and all modern improve
ments added. This work will be
started after The Chattanooga News
i, moves into its new home on Tenth
street.
Mr.. Pound, one Of Chattanooga's
hest known citizens. is now the larg-
est real estate and hotel operator in
the south. He owns and leases the
Henry Watterson hotel in Louisville,
which has $50 rooms. and the Semi
mole at Jacksonville. with $50 rooms.
{ and also has third interest in the
: Hotel Savannah at Savannah. Mr..
Pound also owns large interest in
the new fireproof hotel at Youngs-
town, O., not to speak of controlling
and operating the Hotel Patten here.
He also owns considerable personal
property in Chattanooga and other
cities in the south.
Pound at Savannah.
Mr.. Pound Is planning to erect an
annex to the Hotel Savannah. in Sa-
yannah. He states that the plans
are lust about complete now for the
new annex and that ground will prob
ably be broken by the first of the
year. The new addition will be one
story higher than the present build
ing. A large convention hall will
be built on the top floor to ac-
commodate 500 persons. It is esti-
mated tina. the new building will cost
not less than half a million dollars.
U..v.t Rrve Woch;nnt IN