Posted by: Carly Schroer
More than $9.6 million in grants for industrial site preparation
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bob Rolfe announced today that 25 communities will receive more than $9.6 million in Site Development Grants.
The Site Development Grant program is part of the larger Rural Economic Opportunity Act passed in 2016 and updated in 2017.
“By making our rural communities ready for investment and economic success, we help them attract jobs and more opportunities for citizens," Haslam said. “I congratulate the Site Development Grant program recipients and look forward to watching as they thrive and bring new businesses to our state."
The grants are intended to help rural communities overcome barriers to site certification and prepare them to receive an economic development project that creates jobs in their community. These funds assist communities in finalizing infrastructure and engineering improvements for project-ready certified sites.
“We want to help these rural communities up their game and increase their close rate by making our rural county site inventory among the most attractive and project-ready in the world,” Rolfe said. “We are proud to see these 25 communities taking the initiative to invest in themselves and look forward to seeing their future success.”
“Each of the recipients is taking a major step to enhance their community and with the assistance of the site development grants, they are given the opportunity to compete for jobs and business,” TNECD Assistant Commissioner for Community and Rural Development Amy New said. “The Site Development program shows great return on investment, and I am thankful that the investment from the Rural Economic Opportunity Act will continue to help many more communities in the years to come.”
The Site Development Grant program works in cooperation with the department’s Select Tennessee Site Certification program.
“Through its Site Development Grant program, TNECD has awarded $21.6 million over three years to communities throughout Tennessee,” TNECD Site Development Director Leanne Cox said. “These grants are a valuable resource for local economic development projects, demonstrating Tennessee’s proactive approach to industrial development and support for further growth and job creation.”
Applications were reviewed by an advisory committee made up of the Tennessee Department of Economic and Community Development, Austin Consulting, Tennessee Valley Authority, Tennessee Department of Environment and Conservation, Tennessee Department of Transportation and the United States Department of Agriculture Rural Development.
The grants awarded include:
- Adamsville-McNairy County Industrial Development Board:
- Adamsville Industrial Park - $368,600 – Clear wooded area and extend Copeland Drive into the Industrial Site
- City of Bolivar:
- Bolivar Industrial Park - $299,056 – Construct detention pond and landscaped berm
- City of Brownsville:
- 1-40 Advantage Industrial Park - $465,511 – Extend electric power utilities
- City of Chattanooga:
- Tubman Site - $100,000 – Conduct due diligence studies
- City of Covington:
- Rialto Industrial Park - $261,250 – Extend water line
- City of Henderson:
- Henderson Industrial Park - $68,850 - Conduct due diligence studies
- City of Humboldt:
- Gibson County Industrial Park South Site - $500,000 - Extend sewer service by constructing a new force main, sewage pumping station, and gravity sewer line
- City of Lexington:
- Reeves Industrial Property - $58,500 - Conduct due diligence studies
- City of Pulaski:
- Pulaski Industrial Park South, Lot 5 - $500,000 - Extend roadway, water line and sewer line
- City of Ripley:
- Walker East Industrial Park - $317,281 - Fill wet weather conveyance channel, construct a detention basin, and install site signage
- City of Tiptonville:
- Port of Cates Landing Regional lntermodal Industrial Park - $308,748 - Construct fire protection and water supply capacity improvements, including municipal well and Cedar Street Pump Station improvements
- City of Union City:
- Northwest Tennessee Regional Industrial Park - $500,000 - Extend Greenfield Drive and construct bridge
- Dickson County:
- Dickson County South Site - $41,770 - Conduct due diligence studies and prepare master plan
- Franklin County Industrial Development Board:
- Franklin County Industrial Park #9 - $350,000 - Grade and excavate a pad on which to place a 100,000 square foot building
- Grundy County:
- Pelham Industrial Park - $35,977 - Conduct due diligence studies, including resistivity
- Huntingdon Industrial Development Board:
- Huntingdon Industrial Park South - $257,462 - Clear trees, establish a permanent entrance way and marketing road, and install site signage
- McMinn County Economic Development Authority:
- North Etowah Industrial Park - $879,675 – Complete engineering design of a new industrial access road
- Monroe County:
- Niles Ferry Industrial Park - $500,000 – Complete site grading
- Smith County:
- Baker Property - $1,000,000 – Complete site grading
- Sullivan County Economic Development Partnership, Inc.:
- Partnership Park II - $1,000,000 – Complete site grading improvements to create rail access and a pad site
- The Industrial Development Board of Crockett County:
- Bivens Industrial Site - $38,290 - Conduct due diligence studies
- The Industrial Development Board of Perry County:
- 1-40 Industrial Park - $760,000 - Extend forced main sewer line
- Town of Erwin:
- 2nd Street Industrial Site - $500,000 - Grade a pad-ready site for a single, large industrial user and conduct investigative studies
- Tri-Cities Airport Authority:
- Aerospace Park - $500,000 - Prepare a pad-ready site for an aircraft maintenance hangar, as well as landside parking access
- Van Buren County:
- BDS Industrial Site - $17,670 - Conduct due diligence studies
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 that 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. Find us on the web: tnecd.com. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.