Roane County chosen for state site-evaluation program; officials cite billions in recent investment

Roane County economic development leaders told the commission on Oct. 9 that the county was selected as one of three Tennessee counties to participate in a state economic and community property-evaluation program aimed at identifying industrial properties for near-term and future development.

Justin Snow, identified in the meeting as the county’s economic-development presenter, told commissioners consultants will visit Roane County on Nov. 18 to do site visits. Snow said the county’s recent recruitment activity has produced roughly $7 billion in capital investment over the past three years and more than 2,500 announced jobs; he said the county’s assessed tax base remains smaller than that total investment, noting the county’s current tax assessment is about $2.5 billion. Snow also reviewed recent tourism events and said the county hosted several successful tournaments and that the chamber’s annual elected-officials picnic would be held Nov. 13 at Round County Park.

Commissioners asked for clarifications about whether the capital investment figures included the most recent announcements; Snow said the $7 billion estimate reflects recent changes and that the figure moves as announcements occur.

Speakers

- Justin Snow — President/CEO, economic development (presentation) - Commissioners (questions)

Clarifying details

- capital_investment_estimate: "about $7,000,000,000" (speaker-provided; speaker later referred to $7.1 billion as evolving) - county_tax_assessment: "about $2.5 billion" (speaker-provided)

Proper_names

[{"name":"Roane County","type":"agency"},{"name":"Round County Park","type":"location"},{"name":"Tennessee Financial Literacy Commission","type":"organization"}]

Provenance

- topicintro: {"block_id":"block_86","local_start":0,"local_end":120,"evidence_excerpt":"Roane County is 1 of 3 counties in the state to be chosen to participate in the Tennessee economic and community development and property evaluation program..."} - topfinish: {"block_id":"block_102","local_start":0,"local_end":140,"evidence_excerpt":"That concludes my report. I'll answer any questions that you may have."}

Topics

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