Saturday, June 23, 2007

Developers get green flag to sell RV lots near TN speedway

BRISTOL, Tenn. – A unique zoning law has opened the door for recreational vehicle parking near Bristol Motor Speedway and created financial opportunities for developers, the city and Sullivan County.

Bristol Tennessee City Council late Tuesday unanimously approved a Recreation Vehicle Development District to accommodate the influx of RVs near Bristol Motor Speedway during racing events.

A representative for one local developer tossed out a preliminary site proposal before council members had time to vote.

Mike Hamlin, attorney for Bristol’s Interstate Development Co., displayed a preliminary drawing of a lot that would be behind Race Day Center condominiums across Volunteer Parkway from BMS.

"Some have views of the speedway; others do not," Hamlin said of the lots. "But we expect a median price of about $75,000 given that we will have buyers with financial means.
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