Bedford County selected for state Property Evaluation Program

According to TNECD Commissioner Bob Rolfe, shovel-ready industrial sites is Bedford County are being sought through the state’s Select Tennessee Property Evaluation Program (PEP). (File Photo)

REGIONAL NEWS | Bedford County — Moore County residents who own property in the norther part of the county should know that Bedford County is one of four Tennessee counties picked to participate in the latest round of the Select Tennessee Property Evaluation Program (PEP). The other three counties are Greene, Hamilton, and Hardin counties.

This round brings the total number of counties that have participated in PEP to 60. Since its inception in 2015, PEP has helped improve the inventory of industrial sites and buildings across the state. The program evaluates potential industrial properties, advising counties on industrial site improvements and where investments may be most beneficial.

“The availability of shovel-ready industrial sites is an enormous advantage and allows Tennessee communities to remain competitive when recruiting companies to the state. Through PEP, these four counties are increasing their marketability and likelihood of landing future projects. I congratulate Bedford, Greene, Hamilton and Hardin counties and look forward to seeing the improvements that will be made through the program.”

– TNECD Commissioner Bob Rolfe

PEP originated from TNECD’s Select Tennessee Certified Site Program. With assistance of site selection firm Austin Consulting, PEP provides participating counties with guidance on site planning for future industrial development projects.

PEP includes an on-site visit by Austin Consulting and TNECD, an educational webinar on the site selection process and a comprehensive assessment of the strengths and needs of each community’s inventory of industrial sites. This assessment also offers recommendations to improve marketability.

The four counties were selected based on the demonstrated local need for industrial properties and the county’s ability to assemble properties with viable market potential. The application process begins with a submission of a letter of intent, which is accepted at any time. Upon receipt of the letter, interested communities will receive the PEP application. A new round of communities will be accepted into the program in the fall of 2021. Learn more about the program here. •

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