May 2025
The Chattanooga, TN market is experiencing notable momentum fueled by innovation, tourism growth, major infrastructure investments, and national recognition as a rising tech and business hub.
Hamilton County Leads Tennessee in Tourism and Hotel Room Sales Growth
What This Means For You: Hamilton County topped Tennessee in hotel room sales growth in 2024, with a 0.9% year-over-year increase, surpassing both state and national averages. Tourism generated $1.7 billion in visitor spending, supported over 30,000 jobs, and contributed $179.4 million in state and local tax revenue, saving each household approximately $1,205 annually.
IonQ and EPB Establish Chattanooga as First U.S. Quantum Computing & Networking Hub
What This Means For You: IonQ and EPB announced a $22 million partnership to develop the EPB Quantum Center in Chattanooga, featuring IonQ’s Forte Enterprise quantum computer. This initiative positions Chattanooga as the nation’s first quantum computing and networking hub, aiming to foster a quantum-ready workforce and drive economic growth through advanced technology applications.
West Star Aviation to Invest $32M in Chattanooga Expansion, Creating 200 Jobs
What This Means For You: West Star Aviation plans a $32 million expansion of its Chattanooga facility, marking its third expansion in Tennessee. The project is expected to create 200 new jobs, enhancing the region’s aviation industry and contributing to local economic development.
Chattanooga Recognized as a ‘Secret Sauce’ Community at 2025 Heartland Summit
What This Means For You: Chattanooga was honored as one of three “Secret Sauce” communities at the 2025 Heartland Summit, alongside Fargo, ND, and Wichita, KS. The recognition highlights the city’s innovative approach to economic growth, community development, and cultural vitality, emphasizing its pioneering gig-speed internet and commitment to technological advancement.
UTC Breaks Ground on Major Expansion on Rollins College of Business
What This Means For You: The University of Tennessee at Chattanooga commenced construction on an expansion of the Gary W. Rollins College of Business. The project aims to provide state-of-the-art facilities to accommodate growing enrollment and meet regional workforce needs, reinforcing UTC’s role in economic development.
City of Chattanooga begins construction on Business Resource Center
What This Means For You: Chattanooga has initiated construction of a new $1.8 million Business Resource Center, funded through the American Rescue Plan Act. The center will support local entrepreneurs by providing them with resources and assistance.
