Tennessee Main Street Communities Generated $82.7 Million In 2012

Monday, April 29, 2013

The Tennessee Department of Economic and Community Development announced the 2012 Economic Impact and Reinvestment Statistics from its 24 Tennessee Main Street communities across the state.  Certified Main Street communities generated more than $82 million of public/private investment in 2012, and continue to be a vital part of the state’s economic and cultural identity.

“Continued growth and a strong foundation at a local level contributes to Tennessee’s overall livability and can greatly factor into a company’s relocation or expansion decision,” Economic and Community Development Commissioner Bill Hagerty said.

“The Main Street program facilitates focused revitalization in downtown commercial districts by providing jobs, growing the tax base and reinforcing Tennessee’s competitive lead among Southeastern states.”

Tennessee Main Street provides technical assistance and guidance for communities in developing common sense solutions to make downtowns safe, appealing, vibrant places where folks want to shop, live and make memories. Other reinvestment statistics from the 24 certified Main Street communities reporting include:

Net new jobs: 604

Net new businesses: 107

Building rehabilitation projects: 217

Public improvement projects: 304

Net new housing units: 273

Volunteer hours contributed: 117,253 (a 13 percent increase from 2011)

Total public/private investment: $82,742,898

“The annual reinvestment statistics make a strong statement about the economic activity occurring within our Tennessee Main Street program districts,” Community Development Program Director for Tennessee Main Street Todd Morgan said. “New jobs, businesses and investment, along with an impressive number of volunteer work hours, prove this community-based approach to downtown revitalization is hard at work.”

There are currently 24 certified Main Street program communities across Tennessee: Bristol, Cleveland, Collierville, Columbia, Cookeville, Dandridge, Dayton, Dyersburg, Fayetteville, Franklin, Gallatin, Greeneville, Jackson, Leiper’s Fork, Kingsport, Lawrenceburg, McMinnville, Murfreesboro, Morristown, Rogersville, Tiptonville, Savannah, Union City and Ripley.

Tennessee Main Street communities are required to meet National Accreditation standards annually, which include broad-based community support for the program, a comprehensive work plan, a sufficient operating budget and adequate staff and volunteer support. Tennessee Main Street operates under the National Main Street Center, a program of the National Trust for Historic Preservation.


Baker Donelson's Health Law Group Earns Multiple Top Ten Rankings

The Health Law Department at Baker Donelson has earned several honors recognizing the group as one of the leading health care practices in the United States. Baker Donelson was ranked seventh on the American Health Lawyers Association's "Top Honors 2014" list of health law firms in the United States; earned a spot in the top ten of Modern Healthcare's "Largest Healthcare Law ... (click for more)

PA Group USA Named To Accounting Today’s VAR 100 List For 2014

PA Group USA has been named by Accounting Today as one of the top 100 Value Added Resellers (VARs) of accounting and ERP software in North America. Accounting Today’s annual report acknowledges resellers of accounting and ERP software who set the standard for quality of service and ability to deliver valuable solutions, and then ranks them based on revenue. “The fact ... (click for more)

Federal Judge Stops Erlanger Foreclosure Of Hutcheson Hospital

In a ruling Friday, a Federal Court Judge in Rome agreed with Hutcheson Medical Center and Regions Bank to grant the request for an injunction, effectively stopping the foreclosure efforts of Erlanger Health System against Hutcheson. In stopping the foreclosure set for next Tuesday, the judge held that the public interest in keeping the hospital doors open was “insurmountable.”  ... (click for more)

Mediated Resolution Reached In TVA Kingston Lawsuits

A mediated global resolution has been achieved in 63 lawsuits pending in U.S. District Court involving more than 850 plaintiffs asserting claims against the Tennessee Valley Authority arising from the 2008 ash spill at Kingston Fossil Plant. The resolution, outlined in documents submitted Friday to the U.S. District Court in Knoxville, comes after nearly two years of ... (click for more)

A Tennessee Transplant's Thoughts On Age And Politics - And Response

I have read several opinions favoring the job performance of Representative Fleischmann as well the apparent disdain that they have for his challenger and his age.  I must disclose that unfortunately, I am unable to cast a vote in the 3rd District Republican primary.  I will however always be a Chattanoogan.  As a result, I feel more engaged in East Tennessee politics ... (click for more)

Roy Exum: Orchids And Onions

With record low temperatures being recorded around the South, I didn’t know what I’d find in my garden on the first day of August but – sure enough -- there is a profusion of orchids and onions. The start of college football will be later this month and, with the chilly mornings, fall practice is a far cry from what it will be when the sweltering heat comes back next week. Here’s ... (click for more)