Southern Indiana has been awarded $45 million in funding for 21 projects through the second round of the Regional Economic Acceleration and Development Initiative (READI) by the Indiana Economic Development Corporation. Of this, a total of $12.2 million will be distributed to Clark County, $8.6 million to Floyd County, $8.5 million to Jefferson County, $5.3 million to Scott County, and $7.9 million to Washington County. Among the projects, the Jeffboat redevelopment in Jeffersonville received the highest allocation of $6.5 million, aiming to redevelop a 100-acre site on Jeffersonville’s riverfront which will include multifamily housing and commercial spaces.
As reported by WLKY, the recipients are:
Clark
- Jeffboat Redevelopment — $6.5 million
- Starlight Wastewater Collection System — $3 million
- Aspen Meadows in Charlestown — $956,324
- River Ridge Learning Center — $933,503
- Falls of the Ohio Foundation Outdoor Education Pavilion — $863,010
Floyd
- The Padgett District Redevelopment — $5 million
- Edwardsville School Community Center — $2,050,000
- Georgetown Park Improvements — $1,499,163
Jefferson
- Madison Indiana’s Music City Amphitheater — $3.5 million
- Jefferson Proving Ground Krueger Lake Campground — $3 million
- Madison Coal Property Housing — The Hendricks Building — $2 million
Scott
- Scottsburg — Maple Run — $2 million
- York Woods Crossing — $2 million
- The John Hill Childcare Center at the Scott County Family YMCA — $1 million
- Scottsburg Industrial Development — $300,000
Washington
- High-density housing in Salem — $3 million
- Washington County YMCA Child Care and Community Center —$1.7 million
- Washington County 4-H Community Building — $1.2 million
- Mason Manor Multi-Family Expansion — $1 million
- Riley Estates in Pekin — $846,000
- New Pekin Amphitheater — $177,000
For lists and rankings of more deals like this, browse our Economic Development Deals Database. Just click below:
