The Indianola Planning and Zoning Commission made significant strides towards enhancing local residential options during their recent meeting on December 10, 2024. The commission approved a motion to move forward with the creation of a new Urban Renewal Area (URA) for Wesley Life's expansion project, which is set to invest $46 million into the community.
This ambitious development will introduce 56 independent living units, 28 new townhomes, and improvements to existing facilities, including an expanded library, wellness center, and dining areas. The project is expected to generate approximately $270,000 in new operating revenue, contributing positively to the local economy.
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Subscribe for Free The commission emphasized the importance of aligning this project with the Elevate Indianola Comprehensive Plan, ensuring that it meets the community's long-term development goals. The URA will allow for the segregation of funds, facilitating the financing of publicly dedicated improvements such as roads and utilities, while clarifying that building improvements will not be funded through this mechanism.
Commission members expressed their support for the project, highlighting the extensive time and resources already invested in bringing it to this stage. The meeting also noted that the local school district was contacted regarding the project but did not attend, indicating that the expansion is not expected to negatively impact local schools.
As Indianola prepares for this significant development, the community can look forward to enhanced living options and improved facilities that cater to a range of needs for its residents. The next steps will involve further discussions and planning to ensure the successful implementation of this project.