Who We Are

The Penney’s building is composed of three buildings that were constructed in 1898 after a fire destroyed the entire block in 1897. JC Penney occupied the two southern buildings and the Federal Bakery operated out of the northern building until JC Penney combined the buildings and operated until 1980. The property had been vacant from 1980 on, and fell into great despair until the partnership of Hatcher-Hill and Associates GP was formed in 2013.

The redevelopment of the JC Penney building is a partnership of four proven local downtown developers. David Dewhirst and Mark Heinz of Dewhirst Properties, and Tim Hill and Mike Hatcher of Hatcher-Hill Properties, came together to form Hatcher-Hill and Associates, GP. Combined, the two groups have rehabilitated over Forty Buildings in downtown Knoxville totaling over $50 million in projects.

Sixty thousand square feet of prime downtown space is now available in the heart of Gay Street. Fifteen condos available for purchase, two for lease, and four commercial spaces for lease.

Archer’s BBQ, a local Knoxville treasure and favorite, has leased the ground floor of the Federal Bakery Building. Babalu Tacos & Tapas will occupy the majority of the ground floor of the original JC Penney’s building and will serve a variety of made from scratch food and cocktails. Check out their website for more info.

Maple Hall Bowling Lanes will occupy the approximately 12,000 square foot basement and will consist of 12 bowling lanes, a stage for entertainment, and a kitchen in which a James Beard nominated chef will set the menu featuring small plates with top quality food and a wide selection of craft cocktails and beers.

For Leasing or Sales Information please contact marykatherine@hatcherhill.com.