Future Development The Property listed in the RFP is located in an historic area which was the location of a major Civil War battle. As a result, there are a number of Civil War monuments commemorating various battles and skirmishes in the area. There is a large Civil War park located atop Lookout Mountain. Lookout Mountain is one of the major tourist attractions in the area, along with Rock City, Ruby Falls, the Incline Railway, Point Park, two Civil War Museums, inns, etc. Lookout Mountain is a relatively steep mountain, which overlooks the city of Chattanooga and Missionary Ridge. Lookout Mountain gained its name from Union soldiers being stationed atop the mountain to watch troop movements during the battle of Chattanooga. There is relatively little development on the side of Lookout Mountain due to the steep topography. The top of Lookout Mountain includes two separate but contiguous municipalities: the City of Lookout Mountain, Georgia and the Town of Lookout Mountain, Tennessee. Development on top of Lookout Mountain is a mixture of residential housing interspersed with limited commercial development in the center of each municipality. The predominant land uses in the area are up-scale residences. The area is expected to remain primarily residential with little additional property being zoned for commercial use. Governmental Services Governmental services for the Town Center will be provided by the City of Lookout Mountain, Georgia. The services which taxpayers receive include fire and police protection, sewer service, garbage service, brush removal, and administrative services. The City of Lookout Mountain is governed by a Mayor and City Council and is supported by a Municipal Planning Commission, Board of Zoning Appeals, and Sewer Advisory Board. The City is fortunate to have competent, dedicated employees and volunteers. Summary The Property listed in the RFP is located at 1214 Lula Lake Road near residential and tourist areas near Chattanooga, on a continuation of one of the main highways leading from Chattanooga to the top of Lookout Mountain. There are several tourist-oriented developments in the immediate area. The tourist trade is relatively stable, and operations such as Rock City, Ruby Falls, the Incline Railway and Point Park have been in operation for a number of years and are well known in this area. The population base of the area is stable, and property values are high. Property in the area should continue to remain stable for the foreseeable future.
