Business View Civil Municipal June 2023
79 CIVIL AND MUNICIPAL VOLUME 4, ISSUE 6 Now, when you travel the 37 corridors to take 13 North, the corner of State Road 13 is completely occupied. The golf course is revitalized and open, in addition to the housing development of Bison Ridge Estates. Elwood is alive and doing well.” He asserts that despite the city’s growth, the community remains a priority, and Elwood wants to maintain its friendly welcoming atmosphere. As recipients of a Community Crossing Grant, Elwood will be able to invest a total of $1 million in road infrastructure in 2023, paving the way to a strong and healthy city. Jones relays, “The way the Community Crossings works is the state of Indiana pledges 75%, and the local municipality would pledge 25%. We were awarded $750,000 to our $250,000 match in paving and roads for the 2023 season, and we’ve been able to invest $1 million in paving for the past six years.” The city is also directing ARPA funds towards water infrastructure, including the excavation of a new well, and upgrades to the wastewater treatment plant to increase capacity for future development. A scheduled expenditure every year from this administration.” Elwood is currently working on several development projects including a new hotel and restaurant, which will replace an old motel that was recently acquired by the ERC. This project will be a complement to the new sports complex, and Mayor Jones notes that the city is in the process of negotiating with two interested hotel developers. With a focus on vibrant neighborhoods, Elwood has demolished over 130 properties since 2016. In terms of building, the newest housing complex Tin Plate Square will offer 72 units in the uptown area, while Bison Ridge Estates, a $25 million housing development located near the golf course, has reached full occupancy, and is now considering its second phase. In addition, the city is working with a housing developer to build 243 houses just outside the city limits, with the understanding that they will be voluntarily annexed as part of the city. Mayor Jones recounts, “The perception prior to 2016 was this community was dying. There was a closed car dealership, there were vacant buildings. ELWOOD, INDIANA
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