Jordan Crossing Developers Say They Are Ready To Go; City Needs To Re-Establish Industrial Development Board

Thursday, February 13, 2014

Developers of the planned Jordan Crossing near Camp Jordan Park in East Ridge said they are ready to launch the project, but the city needs to re-establish its industrial development board.

Officials said the board has not met since 2008.

The East Ridge Commission decided to name new members to the board and get it back in business as one of the requirements of the state's Border Region District. Under that act, East Ridge can collect 75 percent of the sales taxes for 30 years if it can find a developer to construct a project of at least $20 million and it brings in a million customers a year.

Realtor John Healy said developer Matt Wood has hired an engineer to draw up the plans, which he said include building up the land by the entrance to Camp Jordan Park and then clear cutting it.

Questioned by a council member, he said the land along the road will be landscaped.

The defunct East Ridge industrial development panel still has $258 in its bank account, City Manager Andrew Hyatt said.

The plan calls for a 300,000-square-foot commercial center at the 27-acre site.

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