Blount County Economic Growth: 4 Developments to Know

Grace Design Studios

Blount County is experiencing impressive growth, especially when it comes to distinct, fast-growing micro-economies and mixed-use districts. Throughout the region, businesses are opening, growing and thriving, and residents and tourists alike are reaping the rewards. We’re shining a spotlight on four places that are or will be major contributors to this business environment. 

Pellissippi Place 

This 450-acre master-planned research, development and technology park represents the county’s investment in the future, especially in the innovation and entrepreneurship arena. Though located in Alcoa, Pellissippi Place is a collaborative effort between Blount County, Knox County and the cities of Maryville and Alcoa. The location is ideal for easy access to Knoxville, McGhee Tyson Airport and the University of Tennessee. 

But make no mistake, this will be no ordinary business park – it’s slated to be a next-generation district that combines industry, housing and amenities. One huge part of the development is the residential and commercial mix, with a planned 450 apartment units, ground-floor retail and connections to greenways. The goal is to create a space where people can live, work and play. 

SpringBrook Farm 

The redevelopment project was the site of Alcoa West Plant, an aluminum fabrication facility. Now, new life is coming to the property. The plan includes everything from retail and restaurants to hotels, offices, parks and neighborhoods. Already, SpringBrook Farm has become a key corridor, with major businesses announced or opening, including Costco, Texas Roadhouse, Swig, Jim ’N Nick’s Bar-B-Q and The Chop House. 

Another addition, which will add more versatility to this already diverse project, is the Covenant Health campus, expected to open in 2027. The space will have a full-service emergency department, surgical services, inpatient hospital beds, and laboratory services. 

Downtown Maryville 

Downtown Maryville has quietly emerged as its most dynamic commercial district. Through a dedicated revitalization effort, the city center has transformed into a welcoming, highly walkable urban hub. Though modest in size, downtown punches well above its weight in character, captivating entrepreneurs, residents and visitors with its historic architecture, outdoor dining scene and local boutiques. 

This momentum is fueled by a steady wave of new openings, including The Armory, a landmark historic building restored into a premier entertainment venue; culinary hot spots like Wells Tavern and Pinchy’s Lobster and Raw Bar; and Greenway Village, a mixed-use development that builds on the downtown’s ongoing revitalization. Together, these spaces create a community-driven ecosystem. 

Townsend 

Rather than trying to urbanize, Townsend is focusing on conservation and artisan heritage while creating a distinct tourism experience. 

By branding itself “The Peaceful Side of the Smokies,” Townsend embraces a clear identity free from sprawl. Rooted deeply in Appalachian culture, the town features galleries, pottery and woodworking studios, and museums that feature craftsmanship. 

Newer additions seamlessly fit this rhythm. Sharons’ Half Day Cafe offers a welcoming spot that mirrors the town’s unhurried atmosphere. Cades Cove Golf expands recreation in a way that respects and complements the surrounding natural landscape.