On Wednesday, Nov. 14, at 5 p.m., Knoxville’s Community Development Corporation (KCDC) will hold a community meeting to present a site plan for Phase 4 redevelopment of the Walter P. Taylor Homes site to Five Points residents and community stakeholders.

The meeting takes place at the Walter P. Taylor Boys & Girls Club, 317 McConnell St., in East Knoxville.

KCDC’s design team of BarberMcMurry Architects of Knoxville and Urban Design Associates, based in Pittsburgh, Pennsylvania, will present the plan. Located at the corner of McConnell Street and Kenner Avenue, Phase 4 will include 82 affordable housing units ranging from one to five bedrooms along with a computer room and playground.

The master plan includes four phases: Phase 1, The Residences at Five Points, opened in 2017 and includes 90 units for elderly and disabled residents. Phase 2, which opened in summer 2018, is a 10-building, 84-unit development for families. KCDC broke ground in May on Phase 3, a complex of 80 units in 28 buildings anticipated to open in spring 2019.

The total cost of the Five Points revitalization project is approximately $85 million. The City of Knoxville has dedicated $13 million for infrastructure improvements, including new streets, lighting, sidewalks, site utilities and storm water system upgrades.