Johnson City Commissioners voted unanimously Thursday night to approve the sale of buildings on East Main Street downtown for $600,000.
The former home of the former Hands On Museum will go to developers Mitch Cox Companies and Universal Development and Construction.
Developers said they will turn the buildings into renovated residential and commercial downtown property.
The plan is called “The Henry on Main”, named after the founder of Johnson City.
“It’s the absolute first domino that has to get knocked over. Everything beforehand is from a preliminary perspective to see if you get the opportunity to do the project and so tonight there is still some work to do. But with the ability to control the property we can actually go in there and do our due diligence,” said Shane Abraham with Universal Development and Construction.
Developers said they are hoping to complete the project in one to two years.