 The Indiana Economic Development Corporation (IEDC) has approved Regional Cities Initiative funding to support a quality of place project in southwest Indiana that will increase housing options, wellness and connectivity near Victoria National Golf Club in Warrick County.
“Southwest Indiana is investing in its residents and future through projects like the Victoria’s Lifestyle Development, which will attract talent through its housing options and amenities,” said Governor Mike Pence. “As Indiana enters its third century, it is vital to continue our efforts in attracting and retaining top talent to our state. The Indiana Regional Cities Initiative is helping communities and regions collaborate on projects that are tailored to their local needs, improving the everyday lives of Hoosiers.”
“With a growing region like Indiana’s Great Southwest, planned communities such as the Lifestyle Development at Victoria are needed to attract the future millennial workforce while helping to build a national brand,†said Beth McFadin Higgins, president of the Southwest Indiana Regional Development Authority.
VICTORIA’S LIFESTYLE DEVELOPMENT
This project consists of adding 550 residences in a lifestyle community sprawled over 405 acres in Warrick County. The lifestyle development will be comprised of quaint villages, parks, amenities and a trail system, which will be incorporated into the Warrick County Trail.
The project will complement Victoria National Golf Club, one of the top 50 golf courses in the United States, and will incorporate a variety of architectural styles with a diverse mix of price points. Planning, designing and permitting for this project is already underway with plans to break ground in early 2017. Residents are expected to move in by early 2018.
Total Project Investment: $54.64 million
State funding: $2 million
“The Lifestyle Development at Victoria is a perfect pairing with the goals and ambitions of the Regional Cities Initiative,” said Nick Cassala, president and general manager, Greenlife Development. “With the talent projections of southwest Indiana, this master planned community located near Victoria National Golf Club and the new Warrick County Park will provide amenities that focus on wellness and connectivity that top talent looks for when evaluating employment options.”
Regional Cities Initiative in Southwest Indiana:
These projects were recommended for funding by the Southwest Indiana Regional Development Authority (RDA) and are part of the region’s Indiana’s Great Southwest plan, which outlines a goal of 11 regional development projects in four counties totaling $926 million in quality of place investments.
Southwest Indiana was one of three Indiana regions selected to receive state funding through the
Regional Cities Initiative, which will allocate a total of $126 million toward 100 quality of place projects totaling more than $2 billion in combined state, local and private investment in order to retain and attract
top talent to the Hoosier state.
