TNECD Announces Four New Select Tennessee Certified Sites
The Tennessee Department of Economic and Community Development announced four new Select Tennessee Certified Sites.
The Select Tennessee program was launched in 2012 to help Tennessee communities prepare available industrial sites for investment and expansion. The program sets rigorous standards to give companies reliable information during the site selection process. To date, 48 sites have been certified. The four newest sites and their local sponsoring agencies include:
• Eastbridge Business Park Lots 4, 5 & 6: The Development Corporation of Knox County (0 Holston Bend Drive, Knoxville)
• Mountain View Industrial Park North Site: Industrial Development Board of McMinnville-Warren County (Progress Boulevard, Morrison)
• Mountain View Industrial Park South Site: Industrial Development Board of McMinnville-Warren County (Progress Boulevard, Morrison)
• Runway Centre Industrial Park: Fayetteville Lincoln County Industrial Development Board (2800 Huntsville Highway, Fayetteville)
“Congratulations to these communities for investing in their local assets and securing these newest certified site designations,” TNECD Commissioner Bob Rolfe said. “The Select Tennessee Certified Sites program gives communities an advantage by having a tangible product to put before companies that are looking to expand or locate. Certifying these sites lets businesses know that their projects can proceed quickly with less risk.”
The Select Tennessee program has certified 48 sites. These sites have landed 10 projects, which accounts for over 3,900 committed new jobs and over $1 billion of capital investment.
Companies seeking to expand or relocate their operations often eliminate less-prepared sites; this is why the Select Tennessee certification process ensures that certified sites meet high-quality standards. Qualifications for certification include at least 20 acres of developable land for industrial sites, proper zoning to allow for ease of development, existing utilities onsite or a formal plan to extend to the site, and truck-quality road access.
The Select Tennessee program ensures that Tennessee sites are primed for development, whether through marketing those ready for a prospect or providing guidance for uncertified sites to achieve a higher level of preparedness.
“The Select Tennessee Certified Sites program gives our communities, especially ones in rural Tennessee, an advantage when competing with other states for economic development projects,” TNECD Assistant Commissioner of Rural Development Amy New said. “The communities with certified sites have invested in themselves and will be ahead of the game in recruiting new businesses and jobs.”
“This certification program is the cornerstone of the Select Tennessee suite of programs that includes the Property Evaluation Program and the Site Development Grants,” TNECD Site Development Director Leanne Cox said. “It is a thorough process to get a site certified. Companies looking to relocate and expand can feel confident that these sites have been thoroughly vetted by economic development professionals and have the support of local community partners.”
TNECD has partnered with Austin Consulting to administer the program.
“The number of companies that have given serious consideration to the Select Tennessee’s certified sites is a benchmark of the program’s success,” said Jonathan Gemmen, director of Austin Consulting. “In its fifth year, the program continues to showcase the strengths of a diverse state and all it has to offer to companies considering a new location.”
Communities interested in participating in the program must begin the formal application process by sending their letter of intent to Select.Tennessee@tn.gov. More information about the program can be found at http://www.tnecd.com/sites/certified-sites/apply-now/.
Source: State of TN, ECD
The East Tennessee Economic Development Agency markets and recruits business for the 15 counties in the greater Knoxville-Oak Ridge region of East Tennessee. Visit www.eteda.org