December 15, 2025 - 23:12

After sitting derelict for more than 15 years, the former Naval Support Activity site in Bywater is finally set for redevelopment. This significant transformation comes with a projected investment of $300 million, aimed at revitalizing the area and injecting new life into the community.
The redevelopment plan includes a mix of residential, commercial, and recreational spaces, which is expected to attract new residents and businesses to the neighborhood. Local officials and community leaders have expressed optimism about the project, highlighting its potential to create jobs and stimulate the local economy.
The site, once a hub for naval operations, has long been an eyesore and a source of frustration for residents. Now, with plans underway, there is hope that the area will become a vibrant destination that honors its history while embracing modern development. The project is anticipated to begin within the next year, marking a new chapter for Bywater and its residents.
September 18, 2026 - 02:37
Today's Mortgage Rates, Sept 17: 30-Year Fixed Stays Above 7% After Fed's First Hike in 3 YearsThe average rate on a 30-year fixed mortgage moved higher on Sept 17, reaching 7.01 percent after the Federal Reserve announced its first rate hike in more than three years. The increase marks a...
September 17, 2026 - 06:20
Wallace Real Estate supports Knox Heritage Scruffy City SoiréeWallace Real Estate threw its support behind Knoxville`s history and the push to protect its one of a kind spaces by serving as a table sponsor for the 2026 Knox Heritage Scruffy City Soiree. The...
September 16, 2026 - 17:08
Number of homes sold fell in 7 out of 8 ZIP codes in The Woodlands area this AugustThe Woodlands area saw a broad slowdown in home sales this August, with seven of eight ZIP codes recording fewer transactions than the same month a year earlier. The data points to a market that...
September 16, 2026 - 01:43
A Fed Rate Increase Could Challenge Housing's New NormalEconomists widely expect the Federal Reserve to raise its benchmark interest rate by 25 basis points at its upcoming meeting, a move that could ripple through a housing market still adjusting to...