Northeast State secures expansion potential with land purchase
Published 11:43 am Wednesday, November 22, 2023
Northeast State Community College has announced the acquisition of 37 acres of land adjacent to its existing campus, securing the potential for future growth.
The purchase, valued at $1.5 million, encompasses land bordering Muddy Creek Road and Holston Private Drive, off Tennessee State Highway 75.
“The acquisition will allow Northeast State to expand its footprint when opportunities arise,” said President Jeff McCord. “We don’t have any immediate plans to develop the property, but that day will come, and the College will be ready to expand its resources to serve its students and the community.”
The College purchased the land from Knoxville, Tenn. resident Yvonne F. Lyon, represented by TCI Group-Jerry Petzoldt Agency in Johnson City. The Lyon family had owned the property for more than 100 years.
“It’s a generational opportunity for Northeast State,” said Vice President for Finance and Administration Chad Bailey. “It allows the College to go in many directions with new programs, buildings, or other possibilities. We know the future will bring to light new opportunities for growth.”
Established in 1966, this is the second time in the College’s history that it has expanded its footprint. In 1985, Northeast State – then known as Tri-Cities State Technical Institute – purchased 60 acres adjacent to the north of campus.
That land has allowed for the construction of the Wayne G. Basler Library, the Ballad Health Center for the Performing Arts, the William W. Locke Humanities Building, and the Allen Hurley Wellness Trail.