Economy will get boost when TVA occupies downtown site.

Byline: Michael Silence

Oct. 4--Knoxville's economy will get a $10 million-a-year boost when 200-300 contract workers move into the largely vacant TVA East Tower.

That's a conservative estimate from University of Tennessee economist Matt Murray.

"That's a significant shot in the arm for the downtown area," Murray said.

But he cautions against getting too giddy about temporary workers.

"Are these jobs going to blow away in three to five years? If so, then you have to deal with the loss of $10 million a year," he said.

On Monday, TVA said 200-300 contractors would move into at least one floor of the 12-story tower by the end of the year.

The work ...

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