University Parkway improvements for Old Farm development
Summary
The Old Farm development's parkway improvements were approved with a J-turn instead of a traffic signal — something westside Commissioner Goebel said he's glad to see. Dirt is already moving, though rain has slowed work.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed Aug 10, 2026.
Impact analysis
TIF capture limited to taxes generated by the 110-acre site for 25 years; county assumes no bond repayment risk.
Drivers on University Parkway, especially westside residents who opposed a stoplight, plus Old Farm residents and businesses.
Mentions & discussions (3)
Board of County Commissioners & Drainage Board - Aug 10, 2026
New TIF allocation areas over the 110-acre Old Farm site clear the way for up to $10.5 million in developer-purchased bonds — the county carries no repayment risk if the project fails.
Vanderburgh County Economic Development Commission - Jul 15, 2026
Board members asked about traffic at the USI interchange and how the development's entrance will connect to University Parkway. The road has been turned over to the county, and the main entrance will use a J-turn — no stoplights — approved by the relevant authorities.
Board of County Commissioners & Drainage Board - Jul 14, 2026
The Old Farm development's parkway improvements were approved with a J-turn instead of a traffic signal — something westside Commissioner Goebel said he's glad to see. Dirt is already moving, though rain has slowed work.
Related development
Old Farm Reserve Development
This is expected to be the first significant tax revenue producer in a TIF area that's sat mostly empty for 20 years, bringing houses, apartments, and commercial space — plus new roads and infrastructure built to county specs — to the west side near USI.
Old Farm Development — University Parkway Improvements
Roughly a thousand-plus new residents on the west side, new roads and infrastructure built at developer expense, and new tax base for the county — with no county debt obligation if the project fails.
University Parkway EDA Allocation Area Amendments (Old Farm Project)
Sets up the financing for a major housing-led development; property tax capture limited to the site itself, risk on the developer.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Evansville
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.