Oak Ridge Today

Tourism in Oak Ridge, Anderson County shows increased economic impact

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The economic impact of tourism in Anderson County and Oak Ridge has increased for a second year in a row.

In September, the Tennessee Department of Tourism Development released its 2015 annual report showing that visitors to Anderson County, which includes Oak Ridge, were responsible for spending more than $119 million in the county, an increase of 2.9 percent over the previous year, a press release said. Visitor spending in Anderson County yielded nearly $3 million in local sales tax.

“Marketing efforts continue to pay off as part of an organized effort to increase tourism in Oak Ridge and Anderson County,” Anderson County Mayor Terry Frank said in the press release. “Tourism is not only a way to increase our tax revenues, but the people who visit us positively add to the fabric and culture of our community—making tourism investment an all-around win.”

In its annual report, Explore Oak Ridge released data that showed Oak Ridge hotel revenue was up by 11 percent compared to the previous year (hotel revenue is a typical measure tourism’s economic effect on a city). Local tax generated from Oak Ridge hotels exceeded $585,000 in the 2015-16 fiscal year. [Read more…]

State grant of $250K will help build eighth lane at Oak Ridge rowing course

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Oak Ridge Rowing Lane Announcement

Tennessee Rep. John Ragan, an Oak Ridge Republican, announces a $250,000 state grant for an eighth lane at the Oak Ridge rowing course on Sunday. Also pictured from left are Anderson County Mayor Terry Frank, Sen. Randy McNally, Anderson County Chamber of Commerce President Rick Meredith, Oak Ridge Recreation and Parks Director Jon Hetrick, Oak Ridge Convention and Visitors Bureau President Marc DeRose, Oak Ridge City Council member Rick Chinn, and Oak Ridge Rowing Association President Russell Byrd.

 

A $250,000 state grant announced Sunday will be used to help build an eighth lane at the Oak Ridge rowing course. And that’s expected to significantly increase the economic impact of rowing races, or regattas, officials said.

The eighth lane has been on the city’s wish list for years, and it will allow the Oak Ridge Rowing Association to compete for bigger races and international regattas and provide more on-water capacity, allowing more competitors in events like this weekend’s SIRA Regatta.

According to rough estimates, the eighth lane could cost about $350,000 total, said Oak Ridge City Council member Rick Chinn, the father of two former rowers and a rower himself. That means the City of Oak Ridge might have to contribute up to $100,000 to complete the project.

Tennessee Representative John Ragan, the Oak Ridge Republican who spearheaded the effort to get state funding, said the regional impact of the regattas in Oak Ridge is estimated at $13 million now, but it could increase to $33 million, according to a University of Tennessee study. [Read more…]