 |
ALCOA, TN - New dining and shopping opportunities are coming to Alcoa, Tennessee. PWA Properties, a fully integrated, commercial real estate firm specializing in design, development and brokerage services, has partnered with Turner Companies (Turner Homes) to design and develop a 10,000-square-foot retail center. The new center will bring sought-after amenities and services to residents of the growing Alcoa communities.
The center will include a robust retail space and a 2,500-square-foot restaurant with an outdoor patio. Working in partnership with Turner Companies, a trusted leader in East Tennessee residential development for more than five decades, PWA Properties will lead the project’s design and development, creating a modern destination for dining, shopping and everyday conveniences.
The project comes as Alcoa continues to experience steady residential and commercial growth. According to the U.S. Census, Alcoa’s population has increased by 25% since 2020, underscoring the rising demand for new neighborhood development. To meet that demand, the project is strategically located next to the scenic Clover Ridge residential community, where it will serve both the growing neighborhood and surrounding Alcoa communities.
“This project represents an investment in Alcoa’s future and its continued growth as one of East Tennessee’s most dynamic communities,” said Jay Benson, CEO of PWA Properties. “This project is a destination that will serve residents, support local businesses and strengthen the community for years to come. We’re proud to partner with Turner Companies, whose decades of experience and commitment to quality have helped shape communities across East Tennessee.”
This development reflects PWA Properties' continued expansion across Tennessee. Through its fully integrated design, development and brokerage model, the firm has designed more than 11.5 million square feet of space, developed 286.9k million square feet of projects and facilitated more than $494 million in brokerage sales volume. This comprehensive approach creates lasting value for communities, tenants and investment partners, shaping the future of East Tennessee's development landscape.
For more information, please visit PWA-Properties.com. |