TVA estimates economic impact of Boone Lake repair project

JOHNSON CITY, Tenn. (AP) – The Tennessee Valley Authority is expecting some negative effects in northeast Tennessee during the five to seven-year drawdown of Boone Lake, but the federal agency believes the region’s tourism economy will mostly return to normal once repair work is finished.

The Johnson City Press (http://bit.ly/1MsWTFq ) reports that the TVA has released an environmental impact assessment of the proposal to repair the hydroelectric dam that is holding back the man-made lake.

According to the report, the hardest financial hit will likely be dealt to Boone’s marina and recreation business owners.

If the repair plan is approved, the agency estimates up to 725 new construction jobs in the region.

The construction, expected to begin next year and end in 2022, would be followed by a return to normal operations after the repairs are completed.