A development like Turkey Creek moves ahead in Lenoir City

A development like Turkey Creek moves ahead in Lenoir City

Posted:
Some work has already started on the site. Some work has already started on the site.
Renderings of the site. (Source: Town Creek Center) Renderings of the site. (Source: Town Creek Center)
Another look at the site. (Source: Town Creek Center) Another look at the site. (Source: Town Creek Center)

By ALEXIS ZOTOS
6 News Reporter

LENOIR CITY (WATE) - A development being hailed as the next Turkey Creek is moving ahead in Lenoir City.

Dubbed Town Creek, the 270-acre property is located off Highway 321 within sight of Interstate 75 near the I-40-75 split.  

Construction is under way for the Town Creek Parkway Extension, a road that will help shape the future of the development. 

"It's been a long time coming," explained Dale Hurst, the City Administrator for Lenoir City. "Since there was such a pause with the recession, with the commercial and the retail kind of diminished, we're excited now that we're at the point where we're just about ready to go to construction."

The first step is the construction of a 4,000 foot road through the property. Bids have already been put out with construction expected to begin June 1.

"It will connect two major arteries of the city and I believe when we open it up it will be instantly busy," Hurst said.

The first building is already going up - a Farm Bureau Insurance office. Developers First Commercial Real Estate say several other office buildings are in negotiations and many national retailers have expressed interest.

"It's such a moving target. Who goes in there? What goes in there? A big box store? One, two, three big boxes, several retails? We simply don't know that and it's going to be market driven," Hurst said.

The renderings for the project show space for retail, office and residential buildings.

For residents living near the development site, the prospect of something similar to Turkey Creek is huge.

"Having something like that in my yard pretty much will be pretty cool, I think, and good for the economy," said Christopher Lawson, who lives in a subdivision across from the development.

His neighbor Andrew Chadwick, just moved in and is excited about the future project.

"It'd be easier as far as taking the family out to eat, not have to drive to Knoxville or Chattanooga. We stay here and keep our money here and our taxes here," Chadwick explained.

The city estimates the development could double tax revenue in the city.

The road is expected to be a 12-month project and the developers say retail and office space can be expected within 12 to 24 months.

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