Johnson City’s Iconic John Sevier Hotel Is Poised For A Major Revamp, But A New Study Suggests It Will Require Millions In Subsidies To Move Forward. A Report By Hunden Partners Outlines Scenarios For Turning The Building Into A Hotel With Up To 110 Rooms, With A Projected Cost Of $40 Million. The City And The Johnson City Development Authority Plan To Solicit Potential Buyers In Early 2025, With The Goal Of Completing The Sale Later That Year. The Development Could Create 60 Jobs And Generate Over $4 Million In Spending By 2032. Local And Federal Incentives, Including Historic Tax Credits, Will Be Crucial To Making The Project Feasible.