In the News

Apartment project on former factory site breaks ground

November 21, 2024 - GOSHEN − After a rocky start, a 136-unit apartment complex on a south Goshen brownfield site is on track to open in 2026.

City staff, AP Development leaders and other planners broke ground Wednesday for the Ariel Cycleworks apartment complex on the former Western Rubber site. It will offer studio as well as one- and two-bedroom units at monthly rents ranging from $1,200 to $1,700, according to AP Development founder Jon Anderson.

Ariel Cycleworks apartments officially underway

November 19, 2024 - GOSHEN − Years in the making, a former Brownfield site in Goshen is finally getting a new life.

On Tuesday, a groundbreaking ceremony was held for Ariel Cycleworks, a mixed-use development that will include apartments and commercial space on Douglas Street.

The former Western Rubber site is a brownfield site, meaning due to its former use as an industrial property, the location required remediation in order for redevelopment to begin. The site was named after its original tenant, a world-class bicycle manufacturer, that closed in 1897, Ariel Cycle Manufacturing Co.

Housing

June 5, 2023 - WARSAW − Warsaw Redevelopment Commission approved two major housing projects at its Monday meeting, including one at the site of the former downtown Owen's.

Regarding that, the commission approved an economic development agreement with AP Millworks LLC and AP Development LLC for the Millworks project, an 85-unit housing development.

State grants announced for Evansville housing, dog park, riverfront planning, USI nursing

December 2, 2022 - EVANSVILLE − A workforce housing project, a dog park, more nursing school seats and a study of future possibilities for Evansville's riverfront are among the recipients of more than $6 million in state grant funding.

The Southwest Indiana Regional Development Authority on Wednesday announced six new initiatives that will receive Regional Economic + Acceleration Development Initiative (READI) funds.

South Bend-Elkhart region awards READI funding

September 19, 2022 - SOUTH BEND, Ind. - The South Bend-Elkhart Regional Development Authority on Monday awarded $40 million in Regional Economic Acceleration and Development Initiative (READI) grants. The organization says the funding will support 19 quality of place projects that are expected to generate $465 million in total regional investment. Additionally, the RDA set aside $7 million in READI grants for strategic programmatic funding, which will be awarded at a later date.

The RDA was one of five regions to receive the full, $50 million allocation of READI funding in December. The remaining $3 million is being allocated for administrative fees.

$40M Awarded in READI Funds

September 19, 2022 - The South Bend – Elkhart Regional Development Authority (RDA) awarded $40 million in Regional Economic Acceleration and Development Initiative (READI) grant funds to 19 of Quality of Place projects and set aside $7 million for programmatic funding during its meeting at the Beacon Health Elkhart Health and Aquatics Center this afternoon. The $40 million in grant funding will be leveraged to infuse $465 million of total regional investments across the Quality of Place projects.

Downtown Evansville's old YMCA building expecting even more new apartments

April 19, 2022 - With 62 apartments now finished in the old Downtown YMCA, the developer has set his sights on building even more residences there, including in the structure's historic gymnasium.

Large apartment complex may be built in Goshen on former Western Rubber brownfield

April 18, 2022 - A large affordable apartment complex could be coming to the former Western Rubber site in Goshen after the Goshen Common Council approved an economic development revenue bond for the project Monday night.

Central Lofts open for new residents

April 13, 2022 - The old Downtown YMCA at 203 NW 5th Street is now the Central Lofts in Evansville. The building was opened in 1914 and served as both Central High School and the YMCA. There are now 62 apartments for income-qualified individuals or families.

62 unit affordable housing development open in Evansville

April 12, 2022 - EVANSVILLE, Ind. (WFIE) - Mayor Lloyd Winnecke joined other local leaders to cut the ribbon for the Grand Opening of Central Lofts, a 62 unit affordable housing development in the former YMCA building at 203 NW 5th St.

Officials say the historic YMCA building originally opened in 1914, and many of its original features were retained and reimagined through the rehabilitation of the building.

'Like having a postcard of your city': Old YMCA to see rebirth as affordable housing

March 15, 2021 - EVANSVILLE, Ind. — A large chunk of Evansville’s old Downtown YMCA, including a 1913-era section that's been vacant for decades, is being transformed into affordable housing. 

The 62 units are expected to open later this year. A fourth of the apartments will be rented by people making up to 30% of the area’s median income, another fourth for those making up to 50%, and the remaining units for individuals and families earning up to 60%.

Mill redevelopment projects gain ground

March 4, 2021 - It’s hardly news to say that Greenville County and the Upstate were made by their mills. 

Whether you’re discussing the area’s earliest years as a textile capital of the South or its gradual rebirth as a growing cultural, artistic and diverse economic hub, the old mills stand as monuments to the county’s past and future potential.

Then & Now: How are catalytic projects transforming Northeast Indiana's communities?

April 1, 2020 - What would Fort Wayne be like without riverfront development? How different would Northeast Indiana look and feel if its cities and towns weren’t connected by regional trails?

While many factors go into advancing the quality of life in our region, it’s hard to deny the impact of catalytic projects.