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City updated on economic developments

By DAWN HANKINS - dhankins@t-g.com
Posted 6/14/22

During the May Shelbyville City Council study session, local Economic Development Director Shane Hooper gave an update on economic development efforts, advising that everyone’s “hard …

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City updated on economic developments

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During the May Shelbyville City Council study session, local Economic Development Director Shane Hooper gave an update on economic development efforts, advising that everyone’s “hard work” is beginning to pay off.
Hooper submitted a proposed budget for the Shelbyville Bedford Partnership for the next year, stating he would love to continue the work that has begun but will need the support of the City and County governments.
His proposed budget request is $210,000 from each the City of Shelbyville and Bedford County over the next three years. He concluded his presentation by advising that governing bodies and taxpayers will continue to see a return on their investments.
Establishment of the Shelbyville Bedford Partnership and the Shelbyville Bedford Community Foundation has been moving forward in several areas. The groups continue to reach out to existing industry with any assistance needed, he said.
As well, the economic groups are pursuing new industry—those which could locate more higher wage paying jobs here in Shelbyville/ Bedford County. This would be a boost to workforce development efforts.
Hooper discussed with Council some projects currently in the works: Project Cardinal which will represent 161 jobs and $117 million in capital investments and Project Turquoise – 60 jobs and $12 million in capital investments.
He also referred to Tennessee College of Applied Technology (TCAT-Shelbyville) and its upcoming expansion project. Hooper also mentioned how Middle Tennessee State University is in talks with the Shelbyville Municipal Airport to bring their aerospace program to Shelbyville. “Talks are going well, and the program would be a great addition to the community,” advised Hooper.
He told Council how Tennessee Downs is expected to have a $30 million investment and have around 120 job opportunities. Tennessee Downs Auto Club is an elite automobile club track coming to Shelbyville off Highway 231 North.
Hooper also discussed Workforce Development and the Community Foundation which are working to improve “quality of life and quality of place.”
Shelbyville City Council has two special called meetings scheduled for this week.
•A budget work session at noon today at Shelbyville Recreation Center

•Approval of a budget ordinance and to review City manager applications on Thursday at noon at the Rec Center.