Note: This is an edited version of a story by the U.S. Department of Energy Office of Environmental Management.
A re-industrialization program that was the first of its kind and converts federal property to private-sector use celebrated 20 years this month.
The re-industrialization program was designed to attract new industries and jobs to a former uranium enrichment complex.
Through the program, the U.S. Department of Energy has transferred hundreds of acres to the Community Reuse Organization of East Tennessee, or CROET, and the City of Oak Ridge to create two private-sector industrial parks, the 1,200-acre Heritage Center and the 1,000-acre Horizon Center.
Heritage Center is at the former K-25 site, which was built during World War II and was once used to enrich uranium in west Oak Ridge. Horizon Center is a few miles east of Heritage Center. [Read more…]