Six cities among recipients of state site development grants
State officials awarded site development grants to 12 recipients across the state, including six municipal properties.
Gov. Bill Lee and Department of Economic and Community Development Commissioner Stuart C. McWhorter announced $17.9 million for the program, which is designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification. Awards recipients included:
$2 million to Bristol Essential Services for property grading at the Bristol Industrial Park
$98,314 to the Bolivar Industrial Development Board for due diligence studies on the Watson property
$740,490 to the city of Henderson for tree and property clearing at the Henderson INdustrial Park
$50,000 to the town of Livingston for due diligence studies at the City Industrial Park
$93,542 to Franklin County for tree and property clearing at the East Moon property.
$2.1 million to Greene County for property grading at the Snapps Ferry Property
$3 million to Hamilton County for water infrastructure at McDonald Farm
$2 million to Haywood County to construct an access road at the I-40 Advantage Industrial Park
$5 million to Dyer County for spec building construction at the Commerce Park Interstate Site
$1 million to Sullivan County for due diligence studies at the Bristol South Industrial Park
$1.97 million to the city of Greenfield for access road construction, property clearing, and water and sewer infrastructure at the Greenfield-Pentecost Property
$797,597 to the Oak Ridge Industrial Board for access road construction, property clearing, and due diligence studies at the Horizon Center Industrial Park.
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 174 Site Development Grants across the state, totaling nearly $85 million in assistance to local communities and generating 6,595 new jobs for Tennesseans.