Ooltewah development Cambridge Square is expanding with the addition of an Edward Jones office.
The residential component of the development is also in the works.
Model homes are currently being constructed, and development spokesman Jim Cheney expects them to be open for viewing by early fall.
Investment company Edward Jones is slated to open this summer in Cambridge Square, which is a mixed-use community located at the corner of Ooltewah-Georgetown Road and Lee Highway.
With the addition of Edward Jones, there are now 21 tenants—including Barn Door Boutique, Lupi's Pizza Pies, Wine Down and Southern Burger Co.—in the development.
Development spokesman Jim Cheney said Cambridge Square is at the 50 percent mark for retail and commercial space, leaving room for more businesses to come on board.
"We have two more pads on the square where buildings haven't been constructed yet, which will create more office space," he said. "We anticipate having three to five new [lease] announcements in the second quarter."
Cheney said that there are two new lease agreements, but he could not comment on the specifics of those leases.
"We are very pleased to announce the addition of Edward Jones to the Cambridge tenant family," Cheney said in a prepared statement. "We are always excited to bring in additional professional service firms to meet the growing needs of the community and to help promote our local business ownership."
The Edward Jones Cambridge Square office, which overlooks the public square, will be led by Jake Brigham and Tammy Neil.
"Edward Jones believes that a personal, face-to-face relationship with each client is key to understanding their needs and helping them reach their financial goals," Brigham said in a prepared statement. "Working within Cambridge will allow me to foster this client-first culture and develop a location close to my clients in a professional setting."
For more information about Edward Jones, click here.
For more information about Cambridge Square, click here.
Eric Wise is a contributing writer. He is currently attending UTC, where he is a staff writer for the school newspaper, The University Echo. He also serves as the alumni relations chairman for his fraternity.