East Ridge Industrial Development Board Approves Project Expected To Double City's Tax Take

Monday, June 30, 2014

The East Ridge Industrial Development Board on Monday approved moving ahead with a major project near I-75 Exit 1 that is expected to double the city's tax take.

The Jordan Crossing development at the entrance to Camp Jordan was included under the state's Border Region Designation. It will allow East Ridge to utilize 75 percent of the state’s portion of the sales tax generated from the development and sales tax collected in the entire 950-acre district to pay for incentives and/or infrastructure improvements used to make the development possible.

Jordan Crossing got a huge boost recently when it was announced that it will include a Bass Pro Shop.

Estes Cocke, an attorney who is a member of the board, said Jordan Crossing is expected to produce as much revenue as is brought in all along Ringgold Road.

He said East Ridge was the first to apply for the Border Region Designation and the last of five to be approved.

East Ridge officials in 2012 received word that a tract of 950 acres inside the city has been designated as a border region retail tourism development district by the Tennessee State Commissioner of Revenue and the Tennessee Commissioner of Economic and Community Development under a new state law. The designation was approved after the city made application under a city ordinance adopted Oct. 26, 2011. 

 The district comprises the areas around Exit One, the I-75/I-24 interchange, the East Ridge central business district along Ringgold Road, Germantown Road and the area of East Ridge on the north side of I-24 along Germantown Road.

The East Ridge Industrial Development Board had been defunct, but it was revived so it could act on the Border Region Designation. State officials said that was a required part of the process.

Land preparation has already begun for the project.


Get Emailed Headlines From Chattanoogan.com; Like Us On Facebook, Twitter For Instant News

We send out headlines each day of the latest Chattanooga news. Our news headlines have links that take you to the stories with a click. We also send out special emails if there is a highly significant local news story breaking so you will be aware of it quickly. To be added to the email headline list, just email us at news@chattanoogan.com In addition, like us on Facebook ... (click for more)

HCSO Arrests 2 Fugitives On Hamilton County’s Top 12 Most Wanted

The HCSO Fugitive Division captured two fugitives on Wednesday who were listed on the Sheriff’s 12 Most Wanted. Fugitive Marcus Demetrious Brooks, 24, was taken into custody by detectives with the Sheriff’s Fugitive Division with the assistance of the Chattanooga Police Department in the 1300 block of E. 3rd St. in Chattanooga.  Brooks is being processed into the Hamilton ... (click for more)

Prayers For Denny - And Response (2)

I don’t live in Chattanooga any longer unfortunately and haven’t for many years now, but when I did live there, I was more than a regular at Yesterdays.  It was basically my second home….as it was for many, many of my friends and others that I may not have known their names, but definitely knew their faces.   It was the “Cheers” of Chattanooga. It was the place that ... (click for more)

Roy Exum: ‘No Sir -- It Stays Here’

To any of the millions who have served the United States on the field of combat, the most hallowed and prized distinction is our nation’s Medal of Honor. It is never given, it is always earned before it is ever awarded.  At least that’s the way it was up until a sun-splashed Wednesday three weeks ago in Vicenza, Italy. There is an Army base there that houses the 173 rd Airborne ... (click for more)

Barons Bounce Back Wednesday Beating Lookouts, 3-1

After dropping game one, 9-4, Tuesday, the Birmingham Barons (13-19) nipped the Chattanooga Lookouts (24-8), 3-1. Fans at Wednesday night's game were treated to a pitcher's duel between two former first-round draft picks -- Chattanooga's Kohl Stewart and Birmingham's Stephen Kopech. Kopech struck out 12 hitters over six innings and the Barons' bullpen did the rest. Kopech ... (click for more)

SEC Annouces Television Schedule For First Three Weeks Of 2017 Season

The SEC Office on Tuesday announced the start times for games on the SEC Network during the first three weeks of the 2017 season.   The SEC Network Saturday schedule opens with three games on September 2 .  The Network will air six games on the second week of the season and five games in Week 3.  The first Conference matchup of the year on the ... (click for more)