Pence, IEDC Put Stamp on Regional Cities Selections

Posted: Updated:
Evansville Mayor Lloyd Winnecke was part of the winning southwest Indiana team. Evansville Mayor Lloyd Winnecke was part of the winning southwest Indiana team.

Governor Mike Pence and the Indiana Economic Development Corp. Board of Directors have approved the Indiana Regional Cities Strategic Review Committee recommendations. As a result, the southwest, north central and northeast regions will receive funding as part of the statewide Regional Cities Initiative. The program will give the selected regions access to millions of dollars of funding to improve quality of life and marketing efforts.

The committee elected to select three recipients rather than the expected two. The two-year program is being funded through a state tax amnesty program that concluded last month and raised more than originally targeted. The legislature is expected to craft a bill during the current session to fully fund all three efforts at $42 million each. RCI was initially drawn up with a total of $84 million in mind.

Seven regions submitted proposals, totaling more than 400 projects and $4 billion in funding.

The largest proposal comes from Southwest Indiana. The "Great Life, Great Community, Great Environment, Great People" would invest more than $926 million with a goal of increasing the region's population by more than 70,000 within 10 years. The proposal includes a science center at the nationally-renowned Signature School in downtown Evansville, extending the Warrick County Wellness Trail and boosting residential development. You can connect to the Southwest Indiana RCI application by clicking here.

Northeast Indiana's proposal comes in at more than $842 million. It includes a planned Food Innovation Center in Bluffton, development along the banks of the St. Mary's River in Fort Wayne and upgrades to the former Clyde Theater in the city. The region's application is available by clicking here.

North central Indiana's $732 million plan includes more redevelopment of the former Studebaker Plant in South Bend, improvements to Elkhart's Wellfield Gardens and projects with the University of Notre Dame. The Northern Indiana RCI application is available here.

The other proposals included central Indiana, which submitted a $597 million proposal. It includes funding for a 60-acre technology and innovation district, upgrades to trails and pathways and a 35-mile "Red Line" rapid bus transit route. 

The application from Northwest Indiana detailed $510 million in projects, including improvements to facilities at Indiana Dunes State Park and upgrades to the South Shore rail line. 

East Central Indiana's ADVANCE plan involved around $148 million in projects. They include revitalization efforts along the White River and downtown Muncie and connecting New Castle's arts district to artist Robert Indiana.

The West Central region proposed $34 million in projects. They include renovations to the New Moon Theatre in Vincennes and redeveloping an empty, Indiana State University-owned building along the Wabash River in Terre Haute as a "live-and-work entrepreneurial hub."

This story will be updated.

  • Perspectives

    • Want Your Startup to Move Faster? Use Two Military Strategies

      Speed is everything at a startup. So is discipline. By that, I mean the discipline to stay focused on the most important objectives, to do the late nights and early mornings when we don’t want to do them, and to see the results of our work as objectively as possible. It’s not easy, especially when speed and discipline often seem at odds. We think about this a lot here at Powderkeg. How do we move as fast as possible while remaining as disciplined as possible? We recently...



  • Most Popular Stories

    • Infosys to Break Ground at Airport Site

      State and local officials will Friday break ground on a new U.S. Education Center for India-based Infosys. The company is initially investing $35 million to transform more than 70 acres of the former Indianapolis International Airport terminal site into a training center and 250-person residential facility totaling 125,000 square feet.

    • Infosys Hub to 'Reskill' Workforce

      India-based Infosys, which today broke ground on a $35 million U.S. Education Center in Indianapolis, says the campus is focused on preparing the American workforce for the technology jobs of the future. "Continuous learning and reskilling are core components of Infosys' DNA," said Chief Operating Officer UB Pravin, adding the company will use the facility on the former Indianapolis International Airport terminal site to train 10,000 new American hires.

    • Renovations Coming to Edinburgh Premium Outlets

      Renovations are coming to Edinburgh Premium Outlets as plans have been announced by Indianapolis-based Simon Property Group Inc. (NYSE: SPG). Construction is set to begin this fall. The multi-million dollar plans include an archway sign, two new courts visible from I-65 on the east side of the property and a food truck plaza on the southwest corner.

    • 'Proven Leaders' to Head New Two-Year College

      Marian University has named Jeffrey Jourdan executive director of Saint Joseph's College of Marian University - Indianapolis, its new two-year institution. Michael Nichols will serve as associate director and dean of SJC@MU. In October, Marian and Saint Joseph's College in Rensselaer detailed a partnership to launch the school near Marian's Indianapolis campus. St. Joe suspended operations in 2017 after massive debt responsibilities forced the school into an attempted rebirth.

    • Governor Eric Holcomb in April nominated 156 Indiana communities and neighborhoods to be Opportunity Zones. (image courtesy WTHR-TV)

      Portal to Promote 'Opportunity Zone' Investment

      The Opportunity Investment Consortium of Indiana has launched an online portal in hopes of attracting investors for the state's Opportunity Zone neighborhoods. The Opportunity Zone initiative, part of the federal Tax Cuts and Jobs Act, aims to spark private capital investment in low-income urban and rural communities. Governor Eric Holcomb in April nominated 156 Indiana communities and neighborhoods to be Opportunity Zones. You can see the full list by clicking here. The state a...