Grants to prepare industrial sites for market
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bob Rolfe announced today that 18 communities and local organizations will receive $6.2 million in Site Development Grants.
The Site Development Grant program, part of the larger Rural Economic Opportunity Act passed in 2016, helps communities prepare industrial sites for businesses.
“Providing more opportunities for citizens in rural Tennessee is one of our top priorities and with the assistance of the Site Development Grants, the rural communities receiving these grants will be ready for investment and economic success,” Haslam said. “We are strengthening our future workforce through programs like Tennessee Promise, and I look forward to seeing these 18 communities succeed and grow for the next generation of Tennesseans.”
“I want to congratulate all 18 communities on being awarded the Site Development Grants,” Rolfe said. “These grants are designed to assist rural Tennessee communities to be better equipped for economic growth. We are proud to see these communities investing in themselves and anticipate seeing each community thrive in our state.”
The grants assist communities in finalizing infrastructure and site improvements for Select Tennessee Certified Sites and sites that will go through the site certification process. The projects prepare the sites for new business operations and jobs. In total, 33 communities have been awarded Site Development Grants with 15 communities receiving the grants in 2016.
The newest round of grants awarded include:
- Bristol Business Park – $500,000 – Clearing, demolition, and seeding of 50 acres to accommodate a 420,000-square foot building pad
- Crossville Interchange Business Park – $500,000 – Development of a 200,000-square foot building pad
- Knox County Eastbridge Business Park Lots – $500,000 – Construction of a wastewater pump station
- Clarkrange Regional Business Park – $500,000 – Upgrade of approximately 7,300 linear feet of waterline
- East TN Progress Center Park – $500,000 – Construction of a roadway
- Fayetteville-Lincoln County Runway Centre – $109,000 – Extension of approximately 4,060 linear feet of waterline
- Franklin County Moon Property – $209,300 – Completion of a geophysical survey
- Gallatin Industrial Center – $95,975 – Clearing of approximately nine acres of trees
- Town of Halls Industrial Site – $332,225 – Construction of an entrance drive, a sewer line extension, preliminary grading, and park signage
- Hardin Industrial Park – $450,000 – Construction of a 200,000-square foot building pad
- City of Lexington Timberlake Industrial Site – $350,100 – Construction of a 100,000-square foot building pad and extension of 850 linear feet of sewer line
- Plateau Partnership Park – $469,350 – Construction of the primary access into the park, construction of access road to the site of the proposed wastewater treatment facility, and grading of the wastewater treatment facility site
- Madison County Airport Industrial Park – $245,980 – Clearing of approximately 9 acres of wooded area
- Manchester Industrial Park – $137,453 – Extension of approximately 1150 linear feet of waterlines, relocation of electric utility lines, and drainage improvements
- Mountain View Industrial Park – $445,500– Clearing, grubbing and grading of an approximately 600,000 square foot site
- Rhea County Rail Hub South Industrial Development – $500,000 – Rough grading for an access road
- Tennessee Central Economic Authority PowerCom Industrial Center -$122,500 – Extension of approximately 2,400 linear feet of sewer line
- Tullahoma Airport Business Park – $280,000 – Clearing of approximately 26 acres of wooded area and drainage improvements
“With the help of the Rural Economic Opportunity Act and these Site Development Grants, communities receiving these funds will be one, two and three steps closer to investment and growth. I am excited to see our rural communities have the opportunity to submit sites and compete on an even bigger level than before,” Amy New, TNECD assistant commissioner of rural development, said.
The Site Development Grant is part of the suite of Select Tennessee programs and works in conjunction with the Site Certification program.
An advisory committee of staff from TNECD, the Tennessee Valley Authority, the Tennessee Department of Environment and Conservation, the Tennessee Department of Transportation and the U.S. Department of Agriculture selected these 18 sites from a pool of 28 applications. The application process was competitive with grants awarded based on benefit to the community, economic impact, leveraged resources, and ability to implement a successful project.
Each application was supported by the community’s senator and representatives in the Tennessee General Assembly.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Team Tennessee, the department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Tennessee is the only three-time winner of “State of the Year” for economic development by Business Facilities magazine. Find us on the web: tnecd.com. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.