SEVIERVILLE, Tenn. (WATE) – The Eastern Band of Cherokee Indians will develop a 200-acre mixed-use “experiential destination” in Sevierville, the group announced Tuesday.
The 200-acre mixed-use development will be built on land purchased by the Eastern Band of Cherokee Indians in January for $13.5 million. OE Experiences, a Knoxville-based firm, has been retained to identify the highest and best use of the development and to seek out development partners, according to a release.
The land is located between the major metropolitan areas of Knoxville, Tenn. and Asheville, NC just off Interstate 40 at the Sevierville exit.
Chrissy Arch, Chair of the Kituwah Economic Development Board said, “We are moving quickly in plan development and key tenant acquisition.”
“Our tribe established Kituwah, LLC to move at the pace of business and to diversify our economic interests in areas other than gaming,” said Principal Chief Richard Sneed. “We are pleased with the strong interest in the property and look forward to strengthening partnerships with Sevier County.”
OE Experiences is currently collecting bids and proposals from interested parties to codevelop portions of the site.
While the vision for the development remains undetermined, a release from from OE Experiences said tourists and shoppers will have dining options, unique shopping experiences and entertainment attractions that fit the overall theme and vision.
Matthew Cross, of OE Experience explained, “This will be a major investment by the EBCI into our local community. It is a unique opportunity for the tribe to form strategic partnerships in one of the best tourism markets in the country. Millions of tourists drive by this location every year on their way to the national park, and they will stop here first.”