Capital Square Completes Livano Knoxville Class A Community In Opportunity Zone
Capital Square has completed Livano Knoxville, a 348-unit Class A multifamily community developed in partnership with LIV Development in a qualified opportunity zone in Knoxville, Tennessee. The community received its certificate of occupancy in October 2025 after completion of the first of two buildings and began leasing immediately. As of June 2026, Livano Knoxville is 74% leased and 57% occupied, tracking lease-up projections.
“Livano Knoxville reflects our vision for delivering quality housing in high-growth markets while creating meaningful value for residents and investors, said Louis Rogers, founder and co-chief executive officer of Capital Square. This milestone underscores both the strength of the Knoxville market and the impact of thoughtful development.”
Located at 465 W. Blount Avenue along the Tennessee River and directly across from the University of Tennessee’s Neyland Stadium, Livano Knoxville offers studio, one-, two- and three-bedroom homes averaging approximately 930 square feet. The community includes 35 workforce housing units reserved for residents earning up to 80% of area median income. Units feature wood-style flooring, stainless steel appliances, ceramic tile backsplashes and in-unit washers and dryers.
Community amenities include a resort-style pool, two-story fitness center, coworking space, game day sky lounge with river and stadium views, and direct access to the Tennessee Riverwalk.
“Knoxville and the surrounding region have experienced strong demand for high-quality multifamily housing, and Capital Square is proud to deliver Livano Knoxville to meet that need, said Whitson Huffman, co-chief executive officer and chief investment officer of Capital Square. Opportunity zone investment is intended to drive economic growth. This project satisfies the goal of the opportunity zone legislation by creating long-term economic growth.”
Development was funded in part by Capital Square’s eighth qualified opportunity zone vehicle, CSRA Opportunity Zone Fund VIII, LLC. An economic impact study by FTI Consulting estimates construction supported 635 jobs annually, produced $2.9 million in state and local tax revenue during construction and projects $2.1 million in annual tax revenue through operations.
Since 2012 Capital Square has acquired more than 175 real estate assets on behalf of over 6,500 investors and has established a growing multifamily development platform focused on tax-advantaged and opportunity zone investments. Livano Knoxville illustrates the intersection of development strategy and community economic impact in a market with ongoing demand for professionally managed, amenity-rich housing.