- Nine new Site Development Grants totaling more than $1.3 million
- TNECD’s Site Development Grant program helps communities prepare industrial sites for business investment
- Since 2016, TNECD has awarded 80 Site Development Grants across Tennessee
NASHVILLE, Tenn. – Tennessee Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe announced today that nine communities will collectively receive more than $1.3 million in Site Development Grant funding.
The Site Development Grant program is part of the Rural Economic Opportunity Act supported by the Tennessee General Assembly for the last three years.
“I’m pleased to announce nine more Site Development Grants that will prepare industrial sites across Tennessee,” Lee said. “With the support of the General Assembly, these grants are at the heart of our efforts to attract quality jobs and private investment to rural Tennessee. I look forward to being able to celebrate new jobs in each of these communities in the months and years ahead.”
The grants are designed to help communities achieve Select Tennessee site certification and prepare industrial sites for economic development projects. The funding helps communities invest in infrastructure and engineering improvements on project-ready sites.
“For communities looking to attract new industry, having shovel-ready sites is crucial,” Rolfe said. “TNECD is excited about the newest round of Site Development Grant recipients. Five of the new grantees are in rural counties that have not fully benefitted from Tennessee’s broader economic gains. Attracting industry to these communities remains one of TNECD’s utmost priorities, and I’m confident these grants will help position them to attract quality, family wage jobs.”
The Site Development Grant program works in tandem with TNECD’s Select Tennessee Site Certification program. Since 2016, TNECD has awarded 80 Site Development Grants across the state, totaling nearly $28 million in assistance to local communities.
The grants awarded this round include:
Joint Industrial Board of Celina and Clay County
Mitchell Street Industrial Property, $59,992 – Due diligence studies and grading plan
Town of Halls
Hwy 209 Industrial Site (Steelman Farms), $100,000 – Due diligence studies, master plan and rail feasibility study
Industrial Development Board of Jefferson City
Hunt Property, $500,000 – Grading of approximately 25 acres and improved site access
Lewis County Industrial Park, $80,155 – Due diligence studies and master plan
Canterbury Site, $39,872 – Due diligence studies and master plan
Claiborne County Industrial Development Board
Russell Industrial Property, $89,775 – Due diligence studies and rail feasibility study
Savannah Industrial Development Corporation
Savannah-Hardin County Industrial Site, $66,500 – Due diligence studies
City of Shelbyville
231 North Business Park, $133,000 – Clearing, fence removal and access drive construction
Industrial Development Board of Smithville
Smithville Industrial Park East, $235,080 – Marketing road and brush removal
Applications were reviewed by an advisory committee made up of TNECD, Austin Consulting, the Tennessee Valley Authority, Tennessee Department of Environment and Conservation, Tennessee Department of Transportation and USDA Rural Development.
Each application was supported by the community’s senator and representatives in the Tennessee General Assembly.
TNECD Media Contact
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter and Instagram: @tnecd. Like us on Facebook: facebook.com/tnecd.