Klondike Subdivision
Overview
READI funds to be used for infrastructure (sewer, water, sidewalks, roads, etc.) to support the construction of 27 single family 3-bedroom homes in French Lick, Indiana (Orange County). Each home will be 1,507 sq ft as stick-built with slab-on-grade construction. Home price will be between $155,000 and $175,000, targeting workforce housing development. Partners include: Town of French Lick, Redevelopment Commission, Orange County Economic Development Partnership, French Lick Resort, and Springs Valley Regional Water District. The development will connect recent improvements on the south side of the subdivision and extend a new 24-foot wide street up to Klondike Street on the north side. The new road will serve the new subdivision and allow emergency vehicles and buses to access existing homes which do not currently have access to these services. The proposed water, storm water, and sewer improvements will also serve the existing 50 - 55 homes and allow the surrounding areas to be developed in the future. In November 2022 preliminary engineering will begin, bids opened in April 2023, and infrastructure complete August 31, 2024. Housing development to begin in March 2023, with all 27 homes complete June 1, 2027. The project serves the Orange County Workforce Housing Development's goal of building attainable housing units that are suitable for individuals or young families that are currently in the workforce or as a tool to attract new workforce to the market.
Location
Orange County
Funding
Region
Indiana Uplands
Home to 406,000 residents, the Indiana Uplands Region is celebrated for Indiana's largest state park, a significant Naval installation, and Indiana University - an R1 Doctoral institution. This region secured $30 million in READI 1.0 funds.
Counties: