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Crown Point redevelopment commission approves Venture 1 development agreement
Summary
The Crown Point Redevelopment Commission voted to approve a development agreement for the Venture 1 project, a roughly 135‑acre site near 101st and I‑65, authorizing about $9.9 million in developer‑financed public infrastructure to be repaid from project tax revenue.
The Crown Point Redevelopment Commission voted to approve a development agreement for the Venture 1 project, a roughly 135‑acre parcel near 101st and Interstate 65, after a brief presentation and discussion.
A commission member described the parcel and said the agreement and accompanying exhibits were included in the meeting packet. "So, essentially, we have about…
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