WEBVTT

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and mock

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tales? We look at this year's

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food and drink trends in this

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month's Trendiana.

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>> There's already a queue of

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requests seeking another $400

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million to leverage nearly 7

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billion more of private and

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other nonstate funding. So,

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I'm asking you, the

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legislature, for another $500

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million to launch READI 2.0,

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to lock in more

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transformational projects.

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>> Indiana Governor Eric

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Holcomb at this week's State

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of the State Address teeing up

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why he thinks the state should

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invest big bucks to boost

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Indiana's economy region by

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region with ready to READI

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2.0. Hello and welcome to

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Inside INdiana Business, I'm

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Gerry Dick coming to you from

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Terre Haute this week, the

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heart of the Wabash Valley. We

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are on US 40 which is Wabash

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Avenue in Terre Haute behind

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me the Terre Haute Convention

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Center, it just opened last

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spring and a big part of the

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Convention Center's future

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depended upon potential ready

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funding much more development

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along Wabash Avenue, the

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historic Hulman and Company

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building as part of the

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picture as well, will Bosch

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Valley region got $20 million

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out of the deal, READI 1.0 if

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you will. Money going into the

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economic development and

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quality-of-life projects like

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expanding the outdoor space at

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Terre Haute children's Museum,

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creating a new west central

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Indiana business up at the old

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Hellman building and big

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upgrades to enhance the music

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experience in the mill in

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Terre Haute. There are other

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projects impacted on the

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drawing board in this region

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will take you just down the

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road to solving a moment to

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show you how READI monies

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being spent their. Drawing

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enough in the children's

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museum in Terre Haute joined

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by the Terre Haute Mayor Duke

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Bennett, always a pleasure

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thank you for joining us, the

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first round of that federal

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funding for covert dollars,

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the next round of government

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hokum talks about $500 million

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would come from the state

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coffers. How in your view will

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talk about some of these

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projects how critical it is

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that READI funding for place

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like Terre Haute?

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>> It's critical, you know.

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We're back to the regional

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cities initiative, originally

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the concept made perfect sense

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that you helped build up the

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communities to do some things

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he wouldn't be able to do with

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local dollars, and we need to

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focus on the infusion of

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funds. READI one of the things

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that kinda open the eyes of a

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lot of folks and then about

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wealth, what are these

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projects? What are we going to

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bring people into the

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community to keep our

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community, and I think that's

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the main focus of those

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quality of life initiatives,

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those because of things now

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with READI to point out coming

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obviously they feel like this

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the first one was successful

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how do we continue to build

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upon that, I'm happy to

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support the program.

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>> A number of projects in

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these really are aimed at

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talent, right, keeping talent,

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keeping people, and attracting

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new talent to the region, the

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children's Museum here's a

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great example of 60,000+

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visitors before the pandemic

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you're looking at creating

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outdoor space with READI money

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potentially.

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>> You know, downtowns been a

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focus for a while but it's

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about those quality of life

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initiatives. And now we've got

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blood museums downtown,

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there's things to do, the

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children's Museum is a very

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unique thing, that the

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community stepped up and was

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able to fund raise to make

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that a reality. And now it's

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become a major downtown

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destination, people come from

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all over the region and

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elsewhere just to visit the

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children's Museum. Seven

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expansion to that is only

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logical that you keep doing

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the good things to find the

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other little leashes so this

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would be an outdoor space to

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complete and complement the

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indoor space.

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>> You've got another big

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project set to really begin

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and open up that's the

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business of yeah, and old

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Hulman and Company building

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historical building down there

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in Terre Haute.

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>> It's bringing the terror

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economic development

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Corporation the chamber of

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commerce the Terre Haute

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redevelopment commission

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workforce development

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everybody under the roof.

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>> Another major project that

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illustrated Terre Haute

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Convention Center, but there's

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more to come with the parking

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garage shall be READI funded

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intentionally. But the parking

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garage is critical for two

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additional hotels so that's

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really the linchpin of what

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you want to do for downtown

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Terre Haute.

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>> Exactly, when we knew we

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build the Convention Center we

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needed about 400 rooms

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downtown, we've got 200 now,

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these two hotels will deliver

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those extra rooms and finish

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out what we fully need to use

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the utilize the Convention

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Center.

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>> The bottom line on it

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mayor, there are others that

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as I travel around the state,

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her from mayors and there

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about these READI monies and

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how important they are but

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without that money...

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>> You would be able to do it,

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you know, the tax caps really

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put us all in a bad spot.

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There's no revenues coming in

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per se so to get the influx of

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dollars that are targeted just

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to those things to make the

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community a better place,

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that's what we've always

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needed, whatever we need to do

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to make the community stand

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out in Indiana to be a better

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place, enticing those to come

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here.

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>> Terre Haute Mayor Duke

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Bennett, thank you for joining

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us will be following the store

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here in Terre Haute and

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elsewhere. Appreciate it. Well

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certainly READI money here in

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the Wabash Valley regional

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funding projects in the metro

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area like here in Terre Haute,

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but also smaller communities

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as well, a great example about

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30 minutes or so south of here

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from the community of Sullivan

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grants totaling more than $4

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million targeted for a central

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plaza hotel next to the city's

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new Civic Center, new city

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pool and housing a big issue

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around the state of Indiana, a

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housing project in Sullivan to

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include 40 new townhomes,

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duplexes and single-family

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homes. Sullivan Mayor Clint

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Lamb says the READI money is

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game changer.

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>> Already we have seen here

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in west central Indiana,

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transformation. And that's not

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just as they are, that's not

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just a sound bite, but you are

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talking about communities for

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many many years that have been

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told that they've been

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forgotten or they've been told

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that they've been left behind.

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One of the biggest challenges

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isn't budgeting, it's not

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state funding formulas or

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fighting with the legislature

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or whatever the case may be.

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It is the apathetic nature of

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a lot of these rural

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communities and to see this

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type of investment it's

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unheard of, right? It truly is

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transformational.

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>> Mayor Lam says there's no

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question that Sullivan was