KNOXVILLE, Tenn. (WATE) — The Eastern Band of Cherokee Indians have completed a purchase of land in Kodak near the Tennessee Smokies baseball stadium.

Principal Chief Richard Sneed said the tribe made a purchase of 198 acres off Interstate 40 Exit 407. A final price has not been disclosed on the property.

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The plan to purchase the property was announced in February 2019. Sneed said the land would be used for “future economic development.”