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Condos planned for U.S. Bank building in downtown Knoxville

The U.S. Bank building on Market Street is getting a residential makeover, with roughly 50 condos planned for downtown Knoxville.

A low-angle view of the U.S. Bank building in downtown Knoxville, showing a mid-century office tower with reflective glass windows rising above street-level storefronts. The U.S. Bank sign is visible on the facade, with American flags and a blue, partly cloudy sky in the background.

Could this be your new home? | Screenshot via Google Maps

Downtown Knoxville’s residential footprint is about to grow. The U.S. Bank building — a mid-1960s-era tower on Market Street — is slated for a condo conversion.

LawlerWood LLC is under contract to purchase the downtown landmark, with the sale expected to close in March. Plans call for keeping commercial space at street level while transforming the upper floors into about 50 residential units, bringing new life and new neighbors to the city’s core.

Proposed amenities include an upper-floor fitness center and a penthouse level. Construction is expected to begin this summer and take roughly 18 months to complete.

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