• About
    • About Us
    • What We Cover
  • Advertise
    • Advertise
    • Our Advertisers
  • Contact
  • Donate
  • Send News

Oak Ridge Today

  • Home
  • Sign in
  • News
    • Business
    • Community
    • Education
    • Government
    • Health
    • Police and Fire
    • U.S. Department of Energy
    • Weather
  • Sports
    • High School
    • Middle School
    • Recreation
    • Rowing
    • Youth
  • Entertainment
    • Arts
    • Dancing
    • Movies
    • Music
    • Television
    • Theater
  • Premium Content
  • Obituaries
  • Classifieds

CROET president tells Oak Ridge story on national podcast

Posted at 10:38 am February 21, 2022
By Oak Ridge Today Staff Leave a Comment

Teresa Frady

Teresa Frady, president of the Community Reuse Organization of East Tennessee, is the Spotlight Interview guest on this week’s episode of the Gone Fission Nuclear Report podcast, which covers U.S. Department of Energy environmental management activities around the nation.

Hosted by Michael Butler, the episode is available on all podcast platforms and can be accessed at www.gonefissionpodcast.com, a press release said.

Frady shared with Butler’s listeners CROET’s mission to help DOE transition underused assets such as land, buildingsm and equipment to private sector companies at the East Tennessee Technology Park, also known as the Heritage Center. She recently replaced Lawrence Young, who had served as CROET’s president and chief executive officer since its founding in 1995.

“Our partnership with DOE in transferring federal land helps the region with creation of quality jobs but also adds the property to Roane County and City of Oak Ridge tax rolls,” she said in the press release. “This helps the communities and saves the federal government money since DOE no longer has to maintain those assets.”

In her new management role, Frady plans to build on the vision that was established for CROET when the organization was founded in 1995. “I want to finalize the remaining property transfers from DOE to get those properties into the hands of the private sector for redevelopment,” she said. “My emphasis in the near term is to continue working with our current clients to help them be successful as part of the Heritage Center.”

In 2017, CROET was established by the State of Tennessee as park manager of ETTP/Heritage Center and is overseeing the multi-use industrial park composed of former federal land transferred to the Oak Ridge community by DOE. To date, DOE has transferred approximately 1,300 acres of federal land to CROET following complete environmental remediation and state, federal, and Congressional review and approval.

Frady said a lot of companies find the location very attractive. “It’s on the outskirts of the City of Oak Ridge on a major highway and in close proximity to Interstates 40 and 75,” she said. “Most areas of the site have infrastructure already in place or very nearby, so that’s a plus. There’s also rail access that connects to the site.”

Progress is being made in attracting new industry to the former gaseous diffusion site, the press release said. Two companies, Kairos Power and Coqui Pharma, recently announced plans to locate at the park and plan to invest a total of $600 million and create dozens of new jobs. Ultra Safe Nuclear Corporation recently announced its acquisition of a facility at Heritage Center to site its Pilot Fuel Manufacturing Facility and at least three additional companies have shown interest in locating at the Park.

The Gone Fission Nuclear Report covers the latest developments in environmental cleanup across the DOE complex. DOE is now engaged in the largest environmental remediation program in history, cleaning up nuclear production sites across the U.S. that were used to support national security missions for 75 years.

“Some of the work on these sites dates back to the super-secret Manhattan Project, a national priority to develop the first atomic bomb that helped end World War II,” Butler said. “Cleanup of these sites is a multi-decade effort, requiring thousands of trained professionals and highly skilled crafts people with budgets in the billions of dollars.”

More information will be added as it becomes available.

Most news stories on Oak Ridge Today are free, brought to you by Oak Ridge Today with help from our advertisers, contributors, and subscribers. This is a free story. Thank you to our advertisers, contributors, and subscribers. You can see what we cover here.


Do you appreciate this story or our work in general? If so, please consider a monthly subscription to Oak Ridge Today. See our Subscribe page here. Thank you for reading Oak Ridge Today!

Alternatively, you can donate to support our work here. Thank you for your support!

Copyright 2021 Oak Ridge Today. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Filed Under: Business, East Tennessee Technology Park, Front Page News, Oak Ridge, Oak Ridge Office of Environmental Management, Roane County, Top Stories, U.S. Department of Energy Tagged With: Community Reuse Organization of East Tennessee, CROET, DOE, East Tennessee Technology Park, ETTP, Gone Fission Nuclear Report, Heritage Center, Michael Butler, Spotlight Interview, Teresa Frady, U.S. Department of Energy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • ORISE announces winners of 2025 Future of Science Awards
  • SL Tennessee Supports New Anderson County Chamber Headquarters
  • ORAU 2025 Pollard Scholarship recipients announced
  • Democratic Womens Club Hosts State Rep. Sam McKenzie
  • Flatwater Tales Storytelling Festival Announces 2025 Storytellers
  • Laser-Engraved Bricks Will Line Walkway of New Chamber Headquarters
  • Democratic Womens Club to Discuss Climate Change, Energy and Policy
  • Estate Jewelry Show at Karens Jewelers Features Celebrity Jewelry
  • Keri Cagle named new ORAU senior vice president and ORISE director
  • ORAU Annual Giving Campaign exceeds $100,000 goal+ORAU Annual Giving Campaign exceeds $100,000 goal More than $1 million raised in past 10 years benefits United Way and Community Shares Oak Ridge, Tenn. ORAU exceeded its goal of raising $100,000 in donations as part of its internal annual giving campaign that benefits the United Way and Community Shares nonprofit organizations. ORAU has raised more than $1 million over the past 10 years through this campaign. A total of $126,839 was pledged during the 2024 ORAU Annual Giving Campaign. Employees donate via payroll deduction and could earmark their donation for United Way, Community Shares or both. ORAU has remained a strong pillar in the community for more than 75 years, and we encourage our employees to consider participating in our annual giving campaign each year to help our less fortunate neighbors in need, said ORAU President and CEO Andy Page. Each one of our employees has the power to positively impact the lives of those who need help in the communities where we do business across the country and demonstrate the ORAU way taking care of each other. ORAU, a 501(c)(3) nonprofit corporation, provides science, health and workforce solutions that address national priorities and serve the public interest. Through our specialized teams of experts and access to a consortium of more than 150 major Ph.D.-granting institutions, ORAU works with federal, state, local and commercial customers to provide innovative scientific and technical solutions and help advance their missions. ORAU manages the Oak Ridge Institute for Science and Education (ORISE) for the U.S. Department of Energy (DOE). Learn more about ORAU at www.orau.org. Learn more about ORAU at www.orau.org. Like us on Facebook: https://www.facebook.com/OakRidgeAssociatedUniversities Follow us on X (formerly Twitter): https://twitter.com/orau Follow us on LinkedIn: https://www.linkedin.com/company/orau ###

Search Oak Ridge Today

Copyright © 2025 Oak Ridge Today