Dedicated in 2010, the Farragut Memorial Plaza features a life-plus sized bronze statue, Civil War era cannons on loan from the U.S. Naval Yard, and historical markers with information about Admiral Farragut's life. Admiral Farragut was born in this area on July 5, 1801. Farragut was the first commissioned admiral of the United States Navy and is best known for his statement, "Damn the torpedoes, full speed ahead." This Plaza is on the grounds of the Farragut Museum, a treasure chest of artifacts and photographs, which tell the history of the Farragut and Concord communities. One of the highlights of the museum is the Admiral David Glasgow Farragut collection. This nationally sought-after collection houses artifacts that cannot be seen anywhere else such as Farragut's personal china, uniform ornamentation, family photographs, manuscripts, letters of interest, and a large collection of scrimshaw.
Other sites named after Admiral Farragut include the Farragut Hotel (now the Hyatt Place on Gay Street downtown Knoxville), Farragut Park (a park in west Knoxville with A 9-hole disc golf course, nature trails, and plenty of shoreline for fishing and paddling), and the Town of Farragut itself (where the Civil War Battle of Campbell's Station was fought on November 16, 1863 and a modern-day suburb in west Knoxville).