Oak Ridge, Tennessee is an underserved market located in the suburbs of the Knoxville, Tennessee MSA. A regional employment center, Oak Ridge is the site of US Department of Energy facilities and numerous high wage/high tech employers. Home to a major multi-disciplinary national laboratory and a major national security complex, Oak Ridge's economy has remained remarkably strong.
Oak Ridge is the first retail destination for residents of five East Tennessee counties and home to a regional medical center.
Recently named in CNNMoney.com as third in a list of 25 growing towns where homes are affordable and job growth is reported at 19%, infrastructure to support almost 5,000 new homes is already in the ground. The community has staffed an innovative "live-where-you work" initiative and has established aggressive incentive policies for qualified retail developments.
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