Knoxville, Tenn. – Officials broke ground today on Phase 1 of Midway Business Park, a 354-acre site in East Knox County. Plans for Phase 1 of development, expected to be completed in June 2020, include the infrastructure necessary to make the site development-ready for new or expanding business. Future economic announcements in Phase 1 are projected to create 1,800 – 2,000 jobs for the region.
Speakers for today’s ceremony included Jim Nichols, chairman of the board of The Development Corporation of Knox County (TDC); Congressman-Elect Tim Burchett; Knox County Mayor Glenn Jacobs; Todd Napier, president and CEO of TDC; and Mike Edwards, president and CEO of the Knoxville Chamber.
Congressman-Elect Tim Burchett
“The road to create the Midway Business Park, which holds great promise for bringing new investment and jobs to Knox County, was long and worthwhile. Without land available for industry to build their operations, we are not even in the game when it comes to economic development. This site puts us on the map.”
Knox County Mayor Glenn Jacobs
“The Midway Business Park will be vital to the health Knox County’s economy for years to come. I look forward to working with the Knoxville Chamber in marketing this site to prospects around the world as well as Knox County Schools and our higher education community in ensuring our workforce is ready for the opportunities ahead.”
Todd Napier, President & CEO of The Development Corporation of Knox County
“Midway Business Park will be an asset to East Knox County and the entire region. The completion of Phase 1 in June 2020 makes the site development-ready for new or expanding business. This development, and future phases, will not only facilitate our ability to attract approximately 2,000 new jobs to the region, but it will also provide new, public-use amenities to the local community.”
Mike Edwards, President & CEO, Knoxville Chamber
“The development of Midway Business Park gives Knox County an advantage when recruiting new or relocating business. Companies don’t want to wait years for a site to be ready, they want to start construction immediately. Property offerings like Midway keep our region competitive and continue driving economic growth.”
John Bradley, Senior Vice President of Economic Development, TVA
“TVA and Knoxville Utilities Board congratulate Knox County on the groundbreaking of Midway Business Park. Helping to foster economic growth in the Valley is fundamental to TVA’s mission of service and we are proud to support the proactive approach to product development in the region, the efforts of which will yield dividends in the future.”