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KNOXVILLE CITY RESUME WRITERS:
Knoxville's economy is largely fueled by the regional location of the main campus of the University of Tennessee, the Oak Ridge National Laboratory and other Department of Energy facilities in nearby Oak Ridge, the National Transportation Research Center, and the Tennessee Valley Authority.
In April 2008, Forbes Magazine named Knoxville among the Top 10 Metropolitan Hotspots in the United States.[51]
In March 2009, CNN ranked Knoxville as the 59th city in the top 100 US metro areas, in terms of real estate price depreciation.[52] The median price of a home in Knoxville is $184,900
Knoxville's textile and manufacturing industries largely fell victim to foreign competition in the 1950s and 1960s, and after the establishment of the Interstate Highway system in the 1960s, the railroad— which had been largely responsible for Knoxville's industrial growth— began to decline. The rise of suburban shopping malls in the 1970s drew retail revenues away from Knoxville's Downtown area. While government jobs and economic diversification prevented widespread unemployment in Knoxville, the city sought to recover the massive loss of revenue by attempting to annex neighboring communities in Knox County. These annexation attempts often turned combative, and several attempts to merge the Knoxville and Knox County governments failed.[43]
The Sterchi Lofts building, formerly Sterchi Brothers Furniture store, the most prominent building on Knoxville's "100 Block"With annexation attempts stalling, Knoxville initiated several projects aimed at boosting revenue in the Downtown area. The 1982 World's Fair— the most successful of these projects— became one of the most popular world's fairs in U.S. history with 11 million visitors. The fair's energy theme was selected due to Knoxville being the headquarters of the Tennessee Valley Authority and for the city's proximity to the Oak Ridge National Laboratory. The Sunsphere, a 266-foot (81 m) steel truss structure topped with a gold-colored glass sphere, was built for the fair and remains one of Knoxville's most prominent buildings,[44] along with the adjacent amphitheater which underwent a renovation that was completed in 2008.
Ever since, Knoxville's downtown has been developing, with the opening of the Women's Basketball Hall of Fame and the Knoxville Convention Center, redevelopment of Market Square, a new visitors center, a regional history museum, a Regal Cinemas theater, several restaurants and bars, and many new and redeveloped condominiums.