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Development committee holds organizational meeting


Farragut’s newest committee, the Development Review Process Evaluation Committee, will meet for the second time, beginning at 7 p.m., Monday, May 23, at Farragut Town Hall. Town of Farragut development and engineering staff are scheduled to speak about the current development process.

The public is invited and will have an opportunity to address the group, said Alderman Mike Haynes, the committee’s chair.

The committee, formed by Mayor W. Edward Ford III, was asked to take a look at the way Farragut does business — most specifically with the business community — and make recommendations to the Farragut Board of Mayor and Aldermen by mid-July.

The committee’s first meeting, held earlier this month, was mostly organizational and set a tentative itinerary said Ron Honken, the group’s newly-elected secretary. Harold Cannon of Cannon & Cannon, Inc. was elected vice chairman.

Honken is excited to participate in the committee. “I think I can provide some input from a business person’s perspective,” he said. “It’s an opportunity for me to learn more about this process.”

Residents who know their share about the process of development in Farragut is Knick and Noah Myers, Myers Bros. Holdings, whose project, The Renaissance — Farragut, broke ground a few weeks ago. The retail and office space development designed between the 12700 and 12800 blocks of Kingston Pike has been in the planning stages much longer. Myer Bros. Holdings first met with town staff about the project in July 2003.

“We had to assemble seven parcels owned by different people to create the site,” Knick Myers said. “This was very time consuming. The first parcel was purchased approximately five years ago. The last parcel was purchased in 2004. We have had numerous meetings with the [town of Farragut] staff over the years.”

In addition to Renaissance, Myers Bros. Holdings currently has three development projects in Farragut — Vista subdivision and ParkBridge subdivision. The combined value of the three projects is expected to be more than $80 million, Knick Meyers said, adding the first building of the seven buildings of phase I of Renaissance should be complete by the end of 2005.

About the creation of the review committee, Knick Myers is hopeful.

“The [town of Farragut] is already a great place to live, it will be up to the F-M-P-C and F-B-M-A to decide if the [town of Farragut] is going to be a friendly place to do business in the future. The Development Review Committee has the opportunity to recommend changes that help alleviate issues that currently are obstacles for those entities that would like to conduct business in the [town].”

“Anytime one has the opportunity to make improvements, it should be taken,” he added. “The committee, as a group, have the opportunity to offer guidance to the F-M-P-C and the [F-M-B-A] that could result in a much better place to do business.”

One of the Myers brothers plans to attend each meeting; they urge other developers to do the same.

“Wouldn’t it be a positive situation if in ten years the public perception of the [town of Farragut] was not only that the town had very high standards, but was also a friendly place to do business? Other townships like Franklin, Tennessee, and Hilton Head Island, South Carolina, have been very successful in merging the two concepts. If it is the will of the F-M-P-C and the [F-B-M-A], I don’t see why the [town of Farragut] can’t implement those same ideals here at home.”

After the meeting this coming Monday night, the committee tentatively plans to meet June 6, June 20, July 11, July 19, Aug. 1 and Aug. 8. The committee is scheduled to hear public input at the July 11 and 19 meetings.

 

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