Enterprise Center to use $200,000 EPA grant to redevelop brownfield site
CHATTANOOGA, TN (WRCB) -- Chattanooga's 3rd Street Corridor will benefit from the utilization of a grant awards to The Enterprise Center by the U.S. Environmental Protection Agency.
The $200,000 grant will create a brownfields redevelopment plan and implementation strategy for a 17-acre former industrial site located near downtown.
The area has received over $3.5 million in brownfield grants since 2006. Local groups and agencies will partner with The Enterprise Center to further development and usage of the area.
Brownfields, as defined by the EPA, are properties, expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. The EPA estimates there are more than 450,000 brownfields in the U.S.
"Brownfield redevelopment is a leading example of how economic and community development can come together for the good of our citizens," said Jim Sattler, chairman of The Enterprise Center's board of directors. "We look forward to working with the City of Chattanooga, Hamilton County and mayors Andy Berke and Jim Coppinger to fulfill their visionary leadership for our area."
The 3rd Street Corridor has a mix of large institutions, small neighborhoods and historic landmarks, and encompasses the former Cannon/Cumberland industrial brownfields site between Third Avenue and Riverside Drive.
The Enterprise Center plans to work to develop a common vision to unite community stakeholders and attract investment to the corridor consistent with the character of the district and interests of its citizens.
More information can be found at the EPA's website.