New Opportunity Zone Rules To Benefit UC, Rural Tennessee
New federal tax incentives aim to drive investment into rural Tennessee communities by significantly increasing tax benefits for developers. Tennessee Department of Economic and Community Development Innovation Director Lamont Price discussed the changes to the Opportunity Zone program Wednesday during a meeting with local officials. The updated regulations introduce specific advantages for rural census tracts […]
Crossville Receives $300K Downtown Improvement Grant
Crossville announced Thursday as a recipient of a $300,000 Downtown Improvement Grant, the first time the community applied for and received the money. City Manager Valerie Hale said the city applied for the grant to help improve the look of the downtown area, as the economic and community benefits would help increase quality of life. […]
Crossville Designated As 48th State Main Street Community
Crossville designated as Tennessee’s 48th Main Street Community. Crossville-Cumberland County Chamber of Commerce Director of Tourism PJ Barnes said it is exciting to receive the designation, as it is one of the highest honors a city can receive. Barnes said not only does the designation recognize Crossville’s commitment to improving the downtown area, but it […]
State Awards Livingston $1M Grant For Industrial Park
The Tennessee Department of Economic and Community Development awarded a $1 million grant to Livingston Wednesday for the town’s Industrial Park Project. Consulting Engineer Ray Evans Evans said the grant will allow Livingston to build an industrial building pad of at least 100,000 square feet and a 100-vehicle parking lot adjacent to the pad. Funds […]
Sparta Aldermen Approve Application For Technology
Sparta will apply for a $100,000 Broadband-Ready grant, designed to improve on technology infrastructure across the community. Aldermen approved the application Thursday night. Sparta Mayor Jerry Lowery said the grant could provide computers at the Senior Center and upgrade technology at several city facilities. “If we don’t apply for this we’re leaving right at $100,000 […]
TSM Metal Works Moves to Crossville
TSM Metal Works will locate new operations in Crossville. The Tennessee Department of Economic and Community Development announced Wednesday the company will invest some $500,000, creating at least 20 jobs. The California fabrication company provides powder coating for multiple industries. General Manager Mark Thibodeau said he is sure the deal is mutually beneficial to the […]
Jackson’s Polk Sallet Festival Showcasing Upgrades
Jackson County’s 46th annual Polk Sallet Festival underway, showcasing the newly ungraded Fairgrounds Community Building. Jackson County Mayor Randy Heady said the building is upgraded and almost complete, but still has some work to be done. He said the kitchen is fully renovated. He said downtown Gainesboro businesses have put together a “Shop Hop” event […]
Jackson’s Gailbreath House To Be Restored With State Help
Downtown Gainesboro’s William M. Gailbreath house will be restored and turned into a bed and breakfast, thanks to a state grant. Owner Sean Zearfoss said he purchased the home, hoping to make it an attraction that will bring more visitors to town and boost the local economy. He said the Folk Victorian structure was built […]
Warren Chosen For Industrial Development Program
The Tennessee Department of Economic and Community Development approved Warren County for its Property Evaluation Program Tuesday. Warren County Industrial Development Board Executive Director Wendy Sneed said the program will help the county identify property most primed for industrial development. She said the county submitted eight properties that will be ranked according to how smoothly […]
State Comptroller’s Office Pleased With Spencer’s Water Merger
The Tennessee Comptroller’s Office is happy with Spencer’s decision to sell its water and wastewater utilities to the Warren County Utility District. Tennessee Comptroller Director of Communications John Dunn said this will be a major improvement for customers in Spencer. He said the issues with Spencer’s water system have been a major concern in the […]
