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The owners of property adjacent to First Tennessee Park in North Capitol have landed a permit related to their effort to build a two-story retail building.

An ownership group led by local developers Chris Ward and Tim Ward will develop the rectangular parcel that runs along the left field and center field sides of the ballpark and faces Third Avenue North. The 60,000-square-foot building would also have a small presence on Junior Gilliam Way. The address is 915 Third Ave. N.

The permit, valued at $2,000, will allow for the placement of a construction trailer. JE Dunn Construction will serve as general contractor.

The retail building (pictured) will be a companion structure to an apartment building that will hug First Tennessee Park in left-center outfield and also be undertaken by Ward Brothers Development LLC. A summer 2018 groundbreaking had been eyed for that project. The 285-unit apartment building will sit on a 2.59-acre parcel and be called The Derby (read here).