Monday, November 25, 2024
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Crossville Approves Listing Price For Building Pad

The city of Crossville has approved a $2 million listing price for the building pad and 20-acres of property that’s being developed at the interchange business park.

The city council has also approved a recommendation from the Joint Economic Community Development Board that the buyer commit to bringing 100 new jobs with a wage rate at 10-percent higher than the current local wage rate of $13.

The city received a $500,000 grant from the state to develop the site and the county provided $250,000 to match the grant amount.

 

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