$86M Development Planned for Kokomo
The developer of Grand Park Sports Complex in Westfield is planning a new project in Kokomo. Henke Development Group is looking to invest $77 million to build a mixed-use development near U.S. 31 that would feature office, retail, restaurant and hotel space. Additionally, the city plans to invest $9 million to add eight multi-purpose youth sports fields at Darrough Chapel Park.
Kokomo Mayor Greg Goodnight says The Championship Park of Kokomo would be a tremendous asset for the city’s local sports programs and also bring an influx of visitors to Kokomo each weekend during tournament season. The artificial turf fields would be arranged in two quad-plex, diamond-shaped setups with concessions and other amenities included, according to the city. One set of fields would be high-school sized and the other would be youth league-sized.
In a news release, Henke Development Group Chief Executive Officer Steve Henke said Kokomo is a natural fit for this kind of project.
"This mixed-use development will incorporate the highest-quality turf softball and baseball fields for all levels from little league to high school," said Henke. "This athletic complex will be coupled with premium commercial development sites which will include retail, hospitality, offices and many other quality tax-generating businesses for the City. Our goal is not only to provide a premier youth sports and commercial destination, but it will also be a place for the residents of Kokomo to be proud of."
In addition to Grand Park, the Westfield-based developer also developed The Club at Chatham Hills, a residential golf course community in the Hamilton County city.