Knoxville TN, September 17, 2025
News Summary
Lone Tree Pass, a mixed-use development in downtown Knoxville, is set to transform the area with over 50 condominiums and commercial spaces. This project, the first new construction on Gay Street in over 40 years, aims to enhance connectivity between Gay Street and the Old City district. Featuring a pedestrian plaza, the development will house popular eateries and retail spaces, with considerable interest already shown in its residential units. Expected completion dates are November 2025 for the west building and February 2026 for the east building, marking an exciting new era for downtown Knoxville.
Knoxville is poised for a significant transformation with the upcoming opening of the Lone Tree Pass, a major new development set to launch in downtown within the next few months. This project marks the first new construction on Gay Street in over forty years, heralding a new chapter for the area.
Situated at the busy intersection of South Gay Street and West Summit Hill Drive, Lone Tree Pass is designed as a mixed-use project aimed at linking Gay Street with the nearby Old City district. This initiative is intended to address a critical gap in the downtown landscape, promoting connectivity for residents and visitors alike.
Details emerged regarding the offerings of Lone Tree Pass, which will feature more than 50 condominiums for sale, alongside four workforce housing units available for rent. The commercial aspect encompasses approximately 22,000 square feet dedicated to retail and restaurant spaces, focusing on enhancing local dining and shopping experiences.
Creating a vibrant community environment, the development will include a pedestrian passage and plaza that connects its two main buildings, providing a venue described as an “outdoor mall” or a “mini Market Square development.” Several businesses have already committed to setting up shop in Lone Tree Pass, including Flying Biscuit Café, Jaboni’s Pizzeria, and Tree Top Coffee.
Construction progress shows the west building expected to be completed in November 2025, while the east building aims for completion by February 2026. Currently, the west building is comprised of 44 units, with only 1 unit available for lease. Out of the available homes, 13 are under contract and 30 remain on the market. Unit sizes in the west building will range from around 500 to 900 square feet for studios and one-bedroom apartments, with prices varying from $369,500 to $1.725 million, predominantly priced just above $700 per square foot.
The east building has already seen strong interest, with all eleven residential units under contract. Pre-sales have commenced, anticipating a surge as the openings draw closer. Commercial spaces within the project are also available for pre-lease, suggesting a keen interest in maximizing the development’s full potential.
In addition to Lone Tree Pass, another project known as City Summit is underway nearby, expected to open in spring 2026. This development will feature 89 homes, including nine units specifically dedicated to workforce housing, further solidifying the community’s commitment to affordable living options. The area has seen other significant developments as well, such as the recent sale of the Crowne Plaza hotel for $30.3 million. This transaction was completed by Sachchidanand Hotel Summitt LLC, indicating a burgeoning interest in enhancing the hospitality landscape in downtown Knoxville.
As more hotels and mixed-use spaces are planned for the downtown area, the developments reflect the city’s responsiveness to its growing needs for hospitality and residential alternatives, paving the way for an exciting future for Knoxville residents and visitors alike.
FAQ
What is Lone Tree Pass?
Lone Tree Pass is a mixed-use development in downtown Knoxville, set to be the first new construction on Gay Street in over 40 years, featuring residential condominiums and retail spaces.
When will Lone Tree Pass open?
The west building of Lone Tree Pass is expected to open in November 2025, while the east building is projected to open in February 2026.
What kind of residential units will be available at Lone Tree Pass?
The development includes over 50 condominiums, with sizes ranging from approximately 500 to 900 square feet. Prices range from $369,500 to $1.725 million.
Which businesses are planning to open in Lone Tree Pass?
Confirmed businesses include Flying Biscuit Café, Jaboni’s Pizzeria, and Tree Top Coffee.
Key Features of Lone Tree Pass
| Feature | Details |
|---|---|
| Location | Intersection of South Gay Street and West Summit Hill Drive |
| Residential Units | Over 50 condominiums, 4 workforce housing units |
| Commercial Space | 22,000 square feet for retail and restaurants |
| Opening Dates | West Building: November 2025, East Building: February 2026 |
| Unit Sizes | 500 – 900 square feet |
| Unit Prices | $369,500 – $1.725 million |
| Confirmed Businesses | Flying Biscuit Café, Jaboni’s Pizzeria, Tree Top Coffee |
Deeper Dive: News & Info About This Topic
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Additional Resources
- WBIR: Lone Tree Pass Completion
- Wikipedia: Knoxville
- WBIR: Lone Tree Pass Video
- Google Search: Lone Tree Pass Knoxville
- Knox News: Crowne Plaza Hotel Sale
- Encyclopedia Britannica: Knoxville
- WATE: Gay Street Development
- Google News: Knoxville Lone Tree Pass
Author: STAFF HERE KNOXVILLE WRITER
The KNOXVILLE STAFF WRITER represents the experienced team at HEREKnoxville.com, your go-to source for actionable local news and information in Knoxville, Knox County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Dogwood Arts Festival, Big Ears Festival, and Knoxville Asian Festival. Our coverage extends to key organizations like the Knoxville Area Chamber Partnership and United Way of Greater Knoxville, plus leading businesses in healthcare, education, and energy that power the local economy such as Covenant Health, University of Tennessee, and Tennessee Valley Authority. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREMemphis.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
