Crossville
The Tennessee Department of Economic and Community Development (TNECD) has announced Thursday that Cumberland, Putnam and Chester counties have been selected to participate in the latest round of the Tennessee Property Evaluation Program (PEP).
PEP evaluates potential industrial properties, advising counties on industrial site improvements and where investments may be most beneficial.
“The Property Evaluation Program marks the first step of our crucial site development program, which is essential to the economic development success we have experienced,” said Deputy Gov. and TNECD Commissioner Stuart C. McWhorter. “Having a shovel-ready site can be the difference between landing a project and not landing one, and I look forward to the growth this will bring to Chester, Cumberland and Putnam Counties.”
The three counties were selected based on the demonstrated local need for industrial properties and the county’s ability to assemble properties with viable market potential.
A new round of communities will be accepted into the program with letters of intent due by January 14, 2027.
Visit here to learn more about the program or submit a letter of intent.
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