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Kingsport approves economic-development contribution tied to Pavilion redevelopment
2682389 · March 19, 2025
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Summary
The board approved a financial contribution to the Industrial Development Board to support redevelopment of the Kingsport Pavilion shopping center; officials said occupancy has risen above 95% since earlier investments and the city will make payments over 10 years per loan terms.
The Board of Mayor and Aldermen on March 18 approved a resolution authorizing a financial contribution to the Industrial Development Board (IDB) to support redevelopment and improvements at the Kingsport Pavilion shopping center.
City staff recapped a multi-year partnership that included…
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