More than $5 million in Site Development Grant funding will help 13 rural Tennessee communities overcome barriers to achieve Select Tennessee site certification and prepare them to receive economic development projects. The funds will help the communities complete infrastructure needs and make engineering improvements on project-ready sites.
The Site Development Grant program is part of the larger Rural Economic Opportunity Act supported by the Tennessee General Assembly for the last three years, and works in cooperation with the Tennessee Department of Economic and Community Development’s (TNECD) Select Tennessee Site Certification program.
“I would like to congratulate the 13 communities receiving Site Development Grants,” said Gov. Bill Lee. “One of Tennessee’s major initiatives is helping rural communities, and with the assistance of these grants, these communities will be better positioned for economic success and investment. I look forward to seeing these communities continue to grow and excel.”
“When a company is looking to expand or locate new operations in our state, one of the most important assets a community can have to land a project is a shovel-ready site,” said TNECD Commissioner Bob Rolfe. “I am proud of these 13 communities for taking the initiative to be better prepared for economic growth with the assistance of the Site Development Grants.”
The grants awarded include:
- Decatur County: Decatur County Industrial Site, $95,000 – Conduct due diligence studies
- Grundy County: Pelham Industrial Park, $500,000 – Grading of nine acres and extension of access road, water line and sewer line
- Lauderdale County: Viar Avenue/Ripley Power & Light Industrial Building, $496,871 – Building improvements including repair of the roof, replacement of restroom facilities and clearance of interior office space
- City of Henderson: Henderson Industrial Park, $448,200 – Clearing and grading of 15 acres of land
- Hawkins County Industrial Development Board: Phipps Bend Industrial Park Lots 11, 17 and 18, $99,288 – Conduct due diligence studies
- Macon County: Lafayette/Macon County Industrial Park Site, $27,000 – Development of a Master Plan
- Obion County Joint Economic Development Council: Titan Golf Course site, $90,000 – Conduct due diligence studies
- Stewart County: Stewart-Houston Industrial Park, $35,155 – Conduct archeological survey, prepare topography and grading plan, and perform rail feasibility study
- City of Jackson: Highway 223 East Site, $379,546 – Clearing of 16 acres and design of a new industrial access road
- Lewisburg Industrial Development Board: I-65 Commerce Park, $378,000 – Purchase of 27 acres
- City of Morristown: East Tennessee Progress Center, $1,000,000 – Grading to prepare 1 million square foot building site
- City of Columbia Tennessee Industrial Development Board: Oakland Rail Site, $1,000,000 – Purchase 129 acres of land
- Clarksville-Montgomery County Industrial Development Board: Clarksville Montgomery County Corporate Business Park North, $500,000 – Grading of 42 acres
“Through the Site Development Grants, we are partnering with these communities to help them remain competitive in the economic development game by creating project-ready sites,” said Sammie Arnold, TNECD assistant commissioner of Community and Rural Development. “With this investment, we expect to see more job creation and anticipate future growth in these communities.”
Relocating or Expanding Your Business In Tennessee
Considering Tennessee for your company’s relocation or expansion project? Check out Business Facilities’ Tennessee Incentives and Workforce Development Guide.