The success of this project has had a ripple effect, helping Earlham College secure a $25 million grant to fund their Revitalize Richmond initiative focused on revitalizing Richmond’s downtown, with the Elder Beerman redevelopment serving as a portion of the required match. A private developer is also in the process of acquiring four to five historic buildings downtown. These structures, many of which have been vacant for decades, are slated to provide over 100 new apartment units. Along with these, a local nonprofit is using a portion of the grant to revitalize smaller, underutilized buildings in the downtown area. “I think our downtown will look significantly different in about four years, and that will help with talent recruitment and retention, which in turn will help our businesses continue to grow and thrive. Recognizing that apartment living isn’t for everyone, a subdivision offering single family housing and townhomes is also underway in Richmond. “We’re 7 CIVIL AND MUNICIPAL VOLUME 06, ISSUE 02 WAYNE COUNTY, IN
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