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Notions of "beautiful decay" tend to annoy me. But try doing a little research, Nine:
http://www.lowemill.net/about.php
"In 1999, Gene McLain, a commercial real estate agent, bought what was then a decaying mill. Then, in early 2001, Jim Hudson, founder of Research Genetics, bought the building from McLain and has since been restoring and revitalizing the facility.
Today, under Hudson’s ownership, Lowe Mill Properties houses facilities for the arts and sciences. The mill facilitates the operations for both a genetics research company Operon, as well as Lowe Mill Arts & Entertainment, which provides spaces for organizations like Flying Monkey Arts."
Good points, as always, although in the case of Fort Sanders "the massive numbers of people who live in Knoxville for a short, memorable time in their lives" works at cross purposes with preserving those memories. Whereas, in New Orleans, it's the city's preserved in aspic aspect that draws so many people there in the first place. Plus there are - or were - vast stretches of the city that few of those visitors ever set foot in (which is oddly rather like Knoxville and it's seasonal crop of students)
Good points, Michael.
Chattanooga (sigh, why is it always Chattanooga...) already does this to an extent with their electric shuttle system that connects the riverfront to the Southside area that's somewhat analogous to the "downtown north" Emory Place/Central & Broadway area. A similar service, running at frequent intervals could connect the South Waterfront to Emory Place (and could probably be electric, since that's one of the few routes downtown that doesn't have serious grade issues, assuming you stayed at the top of the bluff Southside).
Coincidentally, that would essentially mimic Knoxville's first streetcar line which ran down Gay to emory place. That's one reason why Emory Place developed as it did, it was the jumping off point to the fan of neighborhoods to the north. And it could be again.
Look, a whole new comments section to troll.