Bristol, TN authorizes NETWORKS participation

The Bristol, Tennessee City Council passed a resolution Tuesday authorizing its participation in a project by NETWORKS Sullivan Partnership that would purchase around 40 acres of land on Airport Parkway to create 2 site pads, ready for future industrial developments. NETWORKS is looking to purchase the 40 acres of land on Airport Parkway in Kingsport, which is currently owned by the Kingsport Economic Development Board. For the purchase, NETWORKS will need the support of Bristol, Tennessee, Bluff City and Sullivan County in addition to the City of Kingsport. The project would create 2 site pads, ready for future industrial developments. The project in total is estimated to cost around $4 million with NETWORKS asking the potential government partners for a total of $1.1 million a piece.