Clarksville-Montgomery County is in the middle of an economic boom like never before, bringing exceptional success stories right along with it. In the past few years we have welcomed Hankook, Google and LG to the neighborhood; began the much asked for commercial development along Madison Street and Martin Luther King Jr. Parkway, and both residential and commercial growth in the Exit 1 area is like no one 20 years ago could have ever predicted.
In case you haven’t heard, we’re young, very young. According to a recent study by SmartAsset.com analyzing where millennials (people between 20 and 34) are moving, Clarksville ranks ninth in the nation. Clarksville is also the only Tennessee representative in the top 10. Of the total 9,740 millennials who moved into Clarksville-Montgomery County in 2017, most of them – 7,773 people – came from outside of Tennessee.
Wow, what a year! The Clarksville-Montgomery County EDC has seen big changes since July 2018. Our organization saw the hiring of a CEO as well as a few other leadership changes as the long-time Executive Director of the Industrial Development Board, Mike Evans, retired and Frank Tate stepped in. Some people took on new positions within the walls of the EDC and even with a year of transition, we have seen record-breaking numbers in our community. Much of that is directly related to the hard work of the employees who have dedicated themselves to the mission of the Chamber of Commerce, Industrial Development Board and Convention and Visitors Bureau.
What if I told you right now, we plan to bring in a new company that will continually add $26.9 million into our local payroll every single month?
Here we sit in one of the most ideal situations we could hope for when it comes to the advancement of Clarksville - Montgomery County. One of the main entrances to our Downtown is now for sale and ready to transform an area of town that needs a serious facelift.
It is being proposed that our community gain an amazing, revenue-inducing destination, that the Economic Development Council can promote to potential community investors, with minimum to no burden on the existing property tax rate.