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Collierville sites to be evaluated for future industrial economic development

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The Select Tennessee Property Evaluation Program has chosen two Collierville properties as sites to be evaluated in its project to identify and groom land for industrial economic development.
A 46-acre industrially zoned site at the corner of Shelby Drive and Progress Road is one of the Collierville properties. The raw land is already equipped with infrastructure.
It has utilities capability, local road access and is positioned near the intersection of Highways 72, 385 and 69.
The second Collierville site is a 165-acre lot that sits just off Highway 72, also near the three highway “crossroads.”
Austin Consulting, a site selection company, has worked alongside PEP in selecting the sites to be evaluated. Their next step is to do a field investigation of the chosen properties and evaluate their strengths and weaknesses as locations for growing businesses.
After each investigation, Austin Consulting will prepare a report with their findings and recommendations for increasing the marketability of each site.
According to John Duncan, Collierville’s director of Economic Development, the two sites selected are suitable for several types of businesses: research and development, technological, logistical and light manufacturing with low environmental impact.
He said the sites are also ideal locations for fulfillment centers and other businesses needing warehouse space.
PEP was launched earlier this year, and was created to increase the inventory of available industrial sites in Tennessee.
The other Shelby County properties chosen were in Arlington, Bartlett and Millington. Five other Tennessee counties were selected for the program as well; they are Carroll, Cumberland, Hamblen, Overton and Sumner Counties.

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