The capital investments include a 300-room resort that will be located on 100 acres adjacent to her namesake parks and a dual-launch coaster currently under construction in Dollywood.
Parton said she has always been a big dreamer who hoped to do more for her home in the Smoky Mountains. The 10-year investment is projected to create 2,500 jobs and generate an additional $150 million annually to the local economy.
“This is where I nurtured my heart’s dreams, and I want to share more of them,” she said in a news release. “My plans for the next 10 years are to expand my Dollywood properties to offer families more opportunities to play together and grow closer while they make their best memories. It’s truly the culmination of this country girl’s wildest dreams!”
Parton made the announcement on NBC's Today Show. An 11 a.m. news conference at the Showstreet Palace Theater in Dollywood is expected later this morning and will be streamed live on her website, http://www.destinationdollywood. The news comes nearly a year after Parton ended plans for a Nashville water and snow park at Gaylord Opryland Resort and Convention Center.
Check back with the Times-News for a story from J.H. Osborne with all the details.