Hancock County Looking at Economic Development

Posted: Updated:
HANCOCK COUNTY -

A group of leaders from Hancock County has tapped a Washington D.C.-based firm to assess potential economic development opportunities along the Mt. Comfort Corridor. The Urban Land Institute will form an advisory panel that will present its initial findings to county leaders later this month.

The advisory panel will include experts in business development, mixed-use development, and land-use policy. Officials say the goal of the effort is to attain a well-developed Mt. Comfort corridor that will achieve several goals:

  • Generate consistent quality job growth over the next several decades
  • Grow an agbioscience industry cluster that leverages Hancock County’s farming legacy
  • Provide a growing tax base that will diversify local government revenue streams and help to control tax rates for residents and small businesses
  • Connect residents with jobs and businesses to enhance the quality of life for all Hancock County households
  • Reduce the development pressures elsewhere in Hancock County by creating planned growth districts along and adjacent to the Mt. Comfort Corridor

"It is inevitable that development in the Mt. Comfort Corridor will take place, so our challenge is to ensure that development is thoughtful and plans for the future," said Tom Miller, chief executive officer of workforce and economic development firm Thomas P. Miller & Associates. "A robust economy, local development pressures, and land speculation all make this a good time to influence the direction of the Corridor’s development."

The group that contracted the ULI for the effort includes Hancock County Commissioners, the towns of McCordsville, Cumberland and New Palestine, NineStar Connect, Hancock Health Greenfield Banking Co., Hancock County Redevelopment Commission, Mt Vernon Community School Corp., Hancock County Economic Development Corp., Hancock County Community Foundation, Indy Partnership, BAGI Hancock County Builder's Council, and Aqua Indiana.

  • Perspectives

    • Startup Spirit Fuels Growth

      As the South Bend - Elkhart Region celebrates a $42.4 million grant from Lilly Endowment Inc., we know that the work to make the best investment with it is really just beginning. The spirit of entrepreneurship has been a vibrant part of our region for decades and the story of our family company could be somewhat of a guidebook for the region as it ventures forward. ITAMCO began as a dream of my uncle Donald Neidig and my father Noble Neidig to have their own business.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • The Waterside project aims to transform 100-acres of the former GM Stamping Plant site. (photo courtesy of Ambrose Property Group)

      Ambrose, Glick Partner on Waterside

      Indianapolis-based Ambrose Property Group has announced a key partnership for the redevelopment of the former GM Stamping Plant in downtown Indianapolis. The commercial real estate firm is teaming up with the Gene B. Glick Co. to build and manage apartments as part of the $1.4 billion mixed-use redevelopment project. Ambrose says the partnership is also part of plans to catalyze "philanthropic and community-centric strategies to strengthen Indianapolis." The firm also...

    • NIBCO is headquartered in Elkhart. (photo courtesy of NIBCO)

      Companies Detail Closures, Layoffs

      Four companies have announced plans to lay off a total of nearly 300 employees. In separate notices filed with the state, the companies say the moves will affect workers in Indianapolis, Fort Wayne, Charlestown and Peru.

    • (Rendering provided by the city of Fishers.)

      Flexware to Break Ground on Headquarters

      Fisher’s based engineering servicing firm, Flexware Innovation Inc., will break ground Thursday on its new headquarters the Nickel Plate District Amphitheater. The $3.5 million project will feature a 35,000-square-foot office building with 12,000-square feet of office space for Flexware and what it calls “a build-to-suit area” in the remaining space. 

    • (rendering courtesy of Brightmark Energy)

      Construction to Begin on Plastics-to-Fuel Plant

      California-based Brightmark Energy will today break ground on its $260 million plastics-to-fuel plant in the northeast Indiana town of Ashley. The 112,000-square-foot facility, which the company says will be the first of its kind in the nation, is expected to create 136 full-time jobs when fully operational. The plant will use a state-of-the-art process to recycle plastic waste that has reached the end of its useful life, including items that normally cannot be recycled, such as...

    • Photo courtesy of Lafayette Elementary School

      Hammond to Close Three Schools, to Cut Jobs

      The  School City of Hammond board has voted to close three schools and cut 130-150 positions. Our partners at The Times of Northwest Indiana report Columbia and Lafayette Elementary schools, and the Miller School will close after this school year.