TNECD announces four cities to receive site development grants
Four municipalities are sharing in nearly $6 million in site development grants awarded by the state of Tennessee to 10 entities.
The grants, totaling approximately $5.9 million, are designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification.
The Adamsville-McNairy County Industrial Development Board was awarded $100,000 for due diligence studies at the Adamsville North Industrial Park. The city of Brownsville was awarded $1 million for access road construction and sewer infrastructure at the I-40 Advantage Industrial Park.
The town of Halls was awarded $1 million for water, sewer, and gas infrastructure at the Beech Bluff Industrial Park. The city of Savannah was awarded $500,000 for purchase of the Boyd Property at the Savannah Industrial Development Board.
Other grants include $100,000 to the Agricenter International in Memphis, $100,00 to the Industrial Board of Fentress County for the Clarkrange Business Park, $1 million to Henderson County for the Highway 22 Connector property, $100,000 for the Maury County Industrial Development Board for the Innovation Campus Site, $1 million for the Robertson County Industrial Park, and $1 million the Sullivan County Economic Development for the Partnership Park II.
“We’re committed to providing rural communities with the resources needed to support continued investment and create quality jobs for Tennesseans,” said Lee. “I thank the General Assembly for partnering with us to fund these 10 additional industrial sites and look forward to the economic growth and opportunity that will result from these projects.”
The Site Development Grant program, part of the Rural Economic Opportunity Act, works in tandem with TNECD’s Select Tennessee program. Since 2016, TNECD has awarded 153 Site Development Grants across the state, totaling more than $60 million in assistance to local communities and generating approximately 6,400 new jobs for Tennesseans.
“The latest round of the Site Development program will bring 10 Tennessee communities one step closer to achieving Select Tennessee Site Certification,” said McWhorter. “Shovel-ready sites are in high demand, and through this program, we are working with local leadership across the state to bring this needed infrastructure to every community.”
Applications were reviewed by an advisory committee made up of TNECD, Austin Consulting, the Tennessee Valley Authority, Tennessee Department of Environment and Conservation and Tennessee Department of Transportation.
Each application was supported by the community’s senator and representatives in the Tennessee General Assembly.