The new Great Smoky Mountain Wheel will open next week on The Island. (Source: Kyle Grainger, WVLT)
PIGEON FORGE, Tenn. (WVLT) -- A study shows that the Island at Pigeon Forge will bring an $80 million per year economic impact ot the Sevier County area.
Owners say phase one on the project is almost finished and allowed WVLT to get an exclusive tour on Wednesday. Phase one is almost complete.
"We're almost totally complete. The heat and air's running, the landscaping is going in, We're training employees at the current time 'in our restaurant. So we'll be ready a week from Friday," said Darby Campbell, Developer of The Island.
The Island features the new 200ft wheel that will give people an all new view of the Smokies. There's also several shops and restaurants to keep the family entertained.
"We've really done our homework. We try to introduce everything that's new. We've been going to some of the equipment shows in the country trying to introduce the best technology for the restaurants," said Tom Horne, of Mellow Mushroom.
"And the Revenues in this town are going up exponentially every year double digits. We think this is just a new reason for people to come and the people already here to continue to come," said Campbell.
Campbell says 90% of tax revenues generated at The Island will go directly to the city and thousands of new jobs are being created by the development.
The VIP Grand Opening is set for Thursday, June 20th at 11:30 a.m. It will open to the public on Friday, June 21st.