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General Assembly approves bill that would establish CROET as ETTP manager

Posted at 4:35 pm April 21, 2017
By John Huotari Leave a Comment

The East Tennessee Technology Park, now known as Heritage Center in west Oak Ridge, is pictured above in this aerial photo from 2015. The large building that extends from left to right at left-center is the former K-27 Building, where demolition work was completed in August 2016. (Photo courtesy CROET)

The East Tennessee Technology Park, now known as Heritage Center in west Oak Ridge, is pictured above in this aerial photo from 2015. The large building that extends from left to right at left-center is the former K-27 Building, where demolition work was completed in August 2016. (Photo courtesy CROET)

 

The Tennessee General Assembly has approved legislation that would establish the Community Reuse Organization of East Tennessee, or CROET, as the manager of the 1,300-acre East Tennessee Technology Park in west Oak Ridge, a press release said.

The legislation was sponsored by Tennessee Senator Ken Yager and Representative Kent Calfee, both Kingston Republicans. It has been sent to Tennessee Governor Bill Haslam for his signature.

East Tennessee Technology Park, or ETTP, is also known as Heritage Center and the former K-25 site. It once housed the K-25 Gaseous Diffusion Plant, which was built during World War II as part of the Manhattan Project. That was a top-secret federal program to build the world’s first atomic weapons, before Germany could.

The ETTP site, once used to enrich uranium, is slowly being cleaned up. K-25 operations ended in 1985, and the site was permanently shut down in 1987. Now, it is being slowly converted into a large industrial park. Proponents hope it will become one of East Tennessee’s prime locations for new industry, the press release said.

CROET President Lawrence Young said the state legislation “is the latest step in efforts by the Department of Energy and CROET to reindustrialize the former K-25 site and help diversify the region’s economy.” [Read more…]

Filed Under: Business, CROET, East Tennessee Technology Park, ETTP, Front Page News, Government, Oak Ridge, Oak Ridge, Roane County, Slider, State, U.S. Department of Energy Tagged With: Bill Haslam, City of Oak Ridge, Community Reuse Organization of East Tennessee, CROET, East Tennessee Technology Park, ETTP, gaseous diffusion, HB0978, Heritage Center, Horizon Center, IDB, K-25, K-25 Gaseous Diffusion Plant, Ken Yager, Kent Calfee, Manhattan Project, Oak Ridge Industrial Development Board, Oak Ridge Office of Environmental Management, OREM, Roane County, SB0707, Tennessee General Assembly, U.S. Department of Energy, Vision 2016, Vision 2020

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