CITY OF BARTLETT

Definition

On February 13th, 2024, the City of Bartlett annexed approximately 350 acres with the consent of the property owner. The site is adjacent to the recently widened U.S. Highway 14 and includes over 200 acres of buildable "green" field property. This property presents an opportunity for the City to replicate the success it has experienced with the current Industrial Park, which generates a Gross Regional Product (GRP) of roughly $8.3 billion.

However, this green field space will need all necessary infrastructure to be developed and will require several environmental studies. Therefore, the City will work to secure grant funding, primarily through the  Tennessee Department of Economic and Community Development and TVA Invest Prep, to begin laying the foundation for our future.

In the interim, the City of Bartlett will actively market the property with the assistance of the Bartlett Area Chamber of Commerce, the Memphis Area Chamber of Commerce, Jones Aur Realty, and Cushman & Wakefield, which represents one of the property owners.

Analysis

Since acquiring the property and finalizing the option, the City of Bartlett has submitted the site for consideration in thirteen separate projects through the Tennessee Economic and Community Development (ECD), the Tennessee Valley Authority (TVA), and various third-party site selectors. Additionally, the City has completed Step 1 of the Select Tennessee Certified Site Program with the State of Tennessee. With this approval, the City will now pursue the Select Tennessee Site Development grant to help fund due diligence. The City has also submitted a Letter of Intent for TVA Invest Prep funding.

On February 6, 2025, the City of Bartlett's Industrial Development Board approved a Phase 1 environmental study for the property, with results expected to be returned on March 14, 2025. This initial study will enhance future project responses and support the referenced grant pursuits. The TVA Invest Prep grant application was submitted on February 27, and the Select Tennessee Site Development grant application will be submitted on March 27, 2025.