The estimated fiscal benefit to Blount County is $65 million over 10 years.
That’s $2.66 in returns for every $1 invested. That’s on top of the health benefits and the community cohesion that greenways bring.
Here’s where the positive fiscal impact of the greenway comes from. Some of it results from construction spending that ripples through the local economy and creates jobs.
Spending by visitors will also benefit Blount County.
The estimated price tag for the greenway is about $25 million. We’re tackling the less expensive pieces first, and looking for nontraditional funding sources for the pricey section near Walland and Townsend.