Oak Ridge Today

UT study: Lackluster growth in first quarter, but overall gains expected in 2014

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KNOXVILLE—An abnormally harsh winter led to lackluster economic growth the first quarter of 2014, but a dip in unemployment rates and expected increases in housing investments signal stronger gains for the remainder of the year.

The gross domestic product is expected to increase 2.4 percent this year as a whole, compared to 1.9 percent last year, according to the spring 2014 Tennessee Business and Economic Outlook released Friday at the University of Tennessee in Knoxville.

The national unemployment rate will likely average 6.5 percent this year compared to 7.4 percent last year, the report shows. It is expected to decrease to 6 percent in 2015.

The study, prepared by UT’s Center for Business and Economic Research, predicts the direction of the state and national economies by examining many economic and fiscal factors and trends. [Read more…]

2014 Election: Frank says she’s kept her promise; Bates wants to focus on retail, housing

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Terry Frank

Terry Frank

Zach Bates

Zach Bates

CLINTON—She says she’s kept her promise to protect Anderson County from higher taxes and worked to make government more efficient while improving customer service.

He says the county needs a more targeted approach to bringing in new retail and rebuilding the housing market.

The two candidates, incumbent Terry Frank and her challenger Zach Bates, face off in the Republican primary in Anderson County on Tuesday.

Frank was first elected in a special election in August 2012. She is the first female mayor of Anderson County and running for her first four-year term. She is completing the unexpired term of former mayor Rex Lynch, who resigned in January 2011.

Bates is a one-term Anderson County Commissioner who is not seeking re-election to that seat. [Read more…]

International Friendship Bell closed as city assesses damage to housing structure

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Friendship Bell Repairs

A symbol of the friendship between Oak Ridge and Japan, the 20-year-old Friendship Bell at Alvin K. Bissell Park was closed in December to allow the city to make repairs to the structure holding up the bell.

The International Friendship Bell, located in Oak Ridge’s A.K. Bissell Park, has been closed in order to assess damage to the housing structure in which the bell is displayed. A routine inspection by city staff late last year revealed cracking in the wooden support columns. Temporary fencing has been placed around the structure; additional fencing and signage will be installed this week in order to restrict direct access to the bell.

The structure housing the bell is a unique, open, timber-frame structure with six main timbers measuring approximately 12” square supporting the entire frame. A preliminary inspection by a local engineering firm has revealed significant wood root and deterioration to the structure. In addition, a large crack has developed in the stone wall supporting one of the columns at the south end of the bell structure. [Read more…]

UT report to governor: Economy to see stronger growth in 2014 and 2015

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Matt Murray

Matt Murray

KNOXVILLE—After five years of sluggish recovery, the U.S. and Tennessee economies are poised for strong growth in 2014 and 2015.

Despite the slow pace of the recovery, many indicators—including an increase in consumer confidence, rallying stock market prices, and rising home prices—point to brighter growth prospects in the quarters ahead, according to the forecast in the 2014 Economic Report to the Governor of the State of Tennessee, released Friday.

The study, prepared by the Center for Business and Economic Research at the University of Tennessee in Knoxville, predicts the course of the state and national economies by examining many fiscal factors and trends.

Household net worth grew by almost 10 percent in 2013, surpassing its pre-recession level for the first time. [Read more…]

Land bank could start with $100,000, dozen properties

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Lawton Road Land Bank Property

A duplex at this lot at 114-116 Lawton Road was demolished after an October fire, and the property could be turned over to a new Oak Ridge land bank.

A new Oak Ridge land bank could be started with $100,000, one donated lot, and eleven parcels where homes have been demolished or are being demolished.

Oak Ridge officials said the land bank program is a tool that can help the city return vacant, abandoned, and tax-delinquent properties to productive use, one of several initiatives to improve local housing.

The Oak Ridge City Council agreed in a 6-1 vote on Monday to set up the Oak Ridge Land Bank Corp., appropriate the funds and staff support required to create and start running the program, and transfer the available city-acquired properties. Council still has to approve the program on second and final reading in September. [Read more…]

Oak Ridge officials reconsider residential rental inspections

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Rental Property in Manhattan District Overlay

Rental properties in the Manhattan District Overlay could be registered and regularly inspected under a proposal being considered by Oak Ridge officials. The rental properties are pictured in red above. (Image courtesy of Oak Ridge city staff)

Oak Ridge officials are reconsidering a proposal that would allow them to inspect rental homes as part of a program to combat property blight and substandard housing.

It’s been considered before and the Oak Ridge City Council has approved an ordinance establishing the program, but it’s never been implemented, Oak Ridge Community Development Director Kathryn Baldwin said Monday.

Now, the city staff has proposed expanding the program from the Highland View neighborhood to the larger Manhattan District Overlay, which includes Highland View and a swath of properties north of Oak Ridge Turnpike from East Drive in east Oak Ridge to Bryn Mawr Circle in west Oak Ridge. The MDO also includes properties in the Woodland, Scarboro, and Burnham Woods neighborhoods. [Read more…]

Guest column: Concept paper concerning a housing policy for Oak Ridge

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By Pat Fain and Leslie Agron

Today Oak Ridge has a default housing policy that begins and ends with two modest grants from Housing and Urban Development consisting of objectives decided internally by city staff. Input from the public has been minimal at best, despite HUD requirements to hold public input meetings. These were held, minimally advertised and sparsely attended. In the past, these objectives were then approved by Oak Ridge City Council without holding Council work sessions to discuss real needs or creative solutions for those needs.

This year and this month, Council will begin an open and (hopefully) far-reaching discussion for a well-thought-out response to community concerns and the need to protect the tax base of the city from further erosion resulting from the deterioration of a significant portion of the housing built before 1945. This paper is to offer ideas and alternate thinking as the City Council proceeds to contemplate the path ahead. [Read more…]

UT report: Economy shows signs of strength, finds ‘firm footing’

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KNOXVILLE—Falling unemployment rates, an increase in vehicle sales, and a long-awaited rebound in the residential housing market are all indications that the national and state economies are making a comeback.

Despite sequestration of federal spending and a payroll tax increase that have slowed consumer spending, the economy is poised for strong growth in both 2014 and 2015, according to the spring 2013 Tennessee Business and Economic Outlook released Wednesday.

The study, prepared by the Center for Business and Economic Research, or CBER, at the University of Tennessee in Knoxville, predicts the trajectory of the state and national economies by examining many economic and fiscal factors and trends. [Read more…]

Guest column: Woolly housing adelgids invade Oak Ridge

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By Pat Fain and Leslie Agron

In Nimes, France, there is a 2,000-year-old Roman coliseum. For 500 years in the Middle Ages, thousands of people lived their lives within the walls of the coliseum, and in modern times it has hosted rock concerts and safely seated nearly 15,000 people.

Yet at less than 75 years of age, Oak Ridge has the blight. Woolly housing adelgids, no doubt. [Read more…]

Report: Slower economic growth in 2013, followed by increase in 2014

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KNOXVILLE—The U.S. and Tennessee economies continue to dig their way out from the Great Recession, but they will be digging at a slower pace this year than last.

The debate over the nation’s debt ceiling, the looming risk of sequestration of federal spending, and the payroll tax increase contribute to the slowdown in predicted gains, according to the forecast in the 2013 Economic Report to the Governor of the State of Tennessee, released today.

The study, prepared by the Center for Business and Economic Research, or CBER, at the University of Tennessee in Knoxville, predicts the trajectory of the state and national economies by examining many economic and fiscal factors and trends.

[Read more…]

Guest column: Oak Ridge not an island anymore

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By Leslie Agron and Pat Fain

“This Island Earth” is a classic 1950s sci-fi flick. Its gifts to the popular culture include the “interocitor” (an all-purpose communicator and weapon) and the origin of the sound bite “They’re pulling us up!” In it we learn not only that we are not alone, but that we are not even remotely enough located to stay uninvolved in cosmic conflicts.

Oak Ridge in the early 1950s was a remotely located, somewhat self-sufficient compound. It had been built that way intentionally by Gen. Groves in the 1940s. Nearly everyone who worked here also lived here because the government had made sure to offer them suitable rental housing.

The seeds of change were sown in the mid-1950s with the sale of those government-owned homes and the enactment of Eisenhower’s interstate highway system. As the interstates were built and the region grew a little closer, a few people began to commute to jobs in Oak Ridge.

As the 1970s and 1980s progressed, West Knoxville blossomed, and Pellissippi Parkway was built.

[Read more…]

Guest column: Report on National League of Cities conference trip

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The National League of Cities Congress of Cities and Expo differs from the other annual conference held in Washington. The Legislative Conference is focused on interfacing with federal elected officials and agencies and considering the national agenda. This year’s conference in Boston is the one that focuses on bringing together local officials from all over the country to share ideas and solutions to local issues.

This year’s foci were on promoting strong local economies, building sustainable communities, and strengthening neighborhoods and families. There were workshops on how businesses, individuals, groups, governments, and communities are being affected by the recession. There were presentations and roundtable discussions on common issues and ongoing solutions.

[Read more…]