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1999 Round II Urban Empowerment Zones

KNOXVILLE/KNOX COUNTY, TENNESSEE

County Co-Sponsor: Knox County, Tennessee

A. Zone Vital Statistics:

    1. Population of the Most Populous City: Knoxville - 165,121
    2. Zone Population: 48,192
    3. Approximate Zone Size: 16 square miles
    4. Poverty Rate: 40.3%
    5. Unemployment Rate: 12%
    6. Education: 20% have less than a 9th grade education and 44% of Zone residents lack a high school diploma

B. Estimated Number of Jobs Created or Retained: 2,040

C. Proposed Leveraged Commitments: $700 million

    1. Public Sector: $600 million
    2. Private Sector: $100 million

D. Key Business Partnerships:
Over 15 businesses made commitment in the Strategic Plan. Some of the key business partners are:

  • First Tennessee Bank
  • Home Federal Bank
  • Sam Furrow Company
  • Knoxville Area Chamber Partnership

E. List of Other Key Partners:

  • National Trust for Historic Preservation
  • Knoxville Housing Partnership
F. List of Developable Sites:

  • CenterCity Business Park
  • Southern Railway Coster Shop
  • I-40 Industrial Corridor

Content Archived: January 20, 2009

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