You are using an older browser version. Please use a supported version for the best MSN experience.

New regional development group hopes to snag more grant money for Central Indiana

Indianapolis Star logo Indianapolis Star 7/8/2022 John Tuohy, Indianapolis Star

Central Indiana cities competing for yearly state development grants have formed a consortium to coordinate spending and planning more requests.

The establishment of the Central Indiana Regional Development Authority (CIRDA) comes after several cities were awarded $20 million in Regional Economic Acceleration & Development Initiative (READI) grants this year for projects around the region.

“As we finally codify a true regional collaborative spirit, our residents and future generations will benefit from the work we put in today,” Fishers Mayor Scott Fadness, the group’s first chairman, said in a news release. “These efforts will strengthen Central Indiana’s position as a leader in business growth and placemaking.”

Start the day smarter. Get all the news you need in your inbox each morning.

Members of the compact are Fishers, Indianapolis, Beech Grove, Speedway, Carmel, McCordsville, Noblesville, Zionsville and Lawrence. All received funds for projects in the last round of READI grants. More cities are expected to join.

Traffic cone season: Where road construction, closures are happening in Indianapolis in July


Video: Helping Indiana's undocumented community (Indianapolis Star)

UP NEXT
UP NEXT

The initial CIRDA members recently requested $50 million for projects connected to the White River, dubbed the White River Regional Opportunity Initiative. The developments included expansion of the Federal Hills mixed-use project along the river in Noblesville; a Connor Prairie/White River Trail and educational center in Carmel; and nature park along the river in Fishers.

The Indiana Economic Development Corp. awarded them $20 million, though several other regions in the state got the $50 million maximum.

Related: White River coalition gets $20M of $50M requested. Now it must decide what projects to cut

Officials said the new group will let cities combine resources when applying for projects, rather than leaving city staffers to toil in isolation.

“We’re ready to roll up our sleeves and work together to bring more funding opportunities ... to Central Indiana to continue to drive the momentum we see today,” Noblesville Mayor Chris Jensen said in the news release.

Call IndyStar reporter John Tuohy at 317-444-6418. Email at john.tuohy@indystar.com and follow on Twitter and Facebook.

This article originally appeared on Indianapolis Star: New regional development group hopes to snag more grant money for Central Indiana

AdChoices
AdChoices

More from Indianapolis Star

Indianapolis Star
Indianapolis Star
image beaconimage beaconimage beacon