Grand Opening

A grand opening took place in Tennessee on October 16th, celebrating the opening of Watson Glades Place. It was a gratifying day for the entire Gatlinburg area, while showcasing our newest community and drawing attention to the great work of the entire FOURMIDABLE team.

“We are very proud of the Watson Glades team who leased up the 80-unit community in two months,” said President Michael Schocker. “We are also proud to have been working with the members of this ownership group since 2007 and have built a strong professional relationship.”

“It was extremely exciting to be a part of the grand opening and we’re looking forward to partnering with such an upscale community,” Schocker added. “I could not have been more proud.”

Participating in the ribbon-cutting were a large group of local and state dignitaries including: Diana Harshbarger; Jason Holliman, President CNB of Sevierville; David Verbal, CEO CNB of Sevierville; Brad Sharp, Executive Director/President of Appalachian Home and Health; Mike Boyle, Vice President of Acquisitions CREA; David Hayes, developer; Mike Hedges, Chair THDA Board of Directors; Ralph M. Perrey, THDA Executive Director; Sevier County Mayor Larry Waters; Gatlinburg City Manager Cindy Ogle; Gatlinburg Mayor Mike Werner; State Rep. Dale Carr; and State Rep. Jeremy Faison.

Watson Glades Place offers one, two and three-bedroom townhomes. The newly constructed, energy-efficient community features fully equipped kitchens with dishwashers, in-unit washers and dryers, and vaulted ceilings. The community offers residents an outdoor pool, business center, fitness center, furnished clubhouse, and playground.

It was developed in cooperation with the Tennessee Housing Development Agency under the Low Income Housing Tax Credit program. The first residents moved into their beautiful new townhomes in late July.

“The opening of Watson Glades marks a significant milestone in Gatlinburg and Sevier County's efforts to recover from the 2016 wildfires that devastated the area and its housing stock,” said Ralph M. Perrey, THDA Executive Director. “We examined various ways we could help the county rebuild while at the same time addressing affordable housing issues that existed long before the disaster and feel that this project, and others that will be coming online soon, will help meet both of those goals.”

Watson Glades Place is one of 15 properties managed by FOURMIDABLE in Tennessee.