The real estate company filed a $500,000 building permit with the Department of Construction Code Enforcement earlier this month.
It purchased the 104-year-old building for $932,000 from Nash Properties LLC in late July.
BankTennessee has signed a 15-year lease to take the 5,063-square-foot ground floor of the four-story, 31,380-square-foot office building.
Finard's move is the latest development around Court Square.
Court Square Center LLC is redeveloping Lincoln American Tower, the former Lowenstein department store building and the Court Square Annex site for $45 million.
The 22-story Lincoln American Tower is scheduled to open by the end of the year with 31 market-rate apartments and commercial tenants that include The Plough Foundation and Ceriello Fine Foods.
Also, Atlanta-based Summit Management Corp. is developing an eight-story, 131-room Courtyard by Marriott at Jefferson and Main near Court Square. The company already developed the Sleep Inn and Springhill Suites at Court Square.
Court Square Park underwent a $500,000 renovation in 2004.
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source: bizjournals.com
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