Flats at Old Farm Development
Description
An economic development agreement with the County and Parkway Improvements, LLC to reimburse fees and costs for the Flats at Old Farm project, which has roughly $5 million in READI 2.0 state funding and is expected to pay taxes without a phase-in.
Impact summary
A large development near University Parkway with roads, sewers, water, and an apartment complex planned; the county bears no debt risk if the project fails.
Applicant
- Name
- Parkway Improvements, LLC
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · Vanderburgh County Redevelopment Commission
Last discussed May 13, 2026.
Meeting timeline (2)
Vanderburgh County Redevelopment Commission - May 13, 2026
The commission ratified an economic development agreement with Parkway Improvements, LLC, in which the developer reimburses fees and costs for the Flats at Old Farm project near University Parkway, one of the largest projects expected in the county this year with about $5 million in READI 2.0 funding.
Board of County Commissioners & Drainage Board - May 12, 2026
The Drainage Board approved the final drainage plan and a variance for this 163-home subdivision with 14 commercial lots, allowing a detention basin without a full perimeter maintenance path due to topography.
Related issues (1)
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