READI News

Inside INdiana Business - As part of his Next Level Agenda, Gov. Eric Holcomb is calling on the Indiana General Assembly to provide $500 million in new funding for the Regional Economic Acceleration and Development Initiative, or READI. Communities all over the state are seeing the impact of the first round of funding, including west central Indiana. The Wabash River RDA, which spans six counties, received $20 million in READI funds in late 2021, and Terre Haute Mayor Duke Bennett calls the funding critical for the region.

Guys Who Give Vigo County awarded $5,950 to Friends of Rea Park Inc. as its continues to help the effort to renovate William S. Rea Park Golf Course and the surrounding park.

Tribune-Star - Wabash Valley Art Spaces was awarded $450,000 Wednesday from the Vigo County Capital Improvement Board toward Phase II and Phase III of the Turn to the River project. The funding will enable Art Spaces to meet its required 3-to-1 match to obtain a $150,000 READI — Regional Economic Acceleration and Development Initiative — state grant.

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Tribune-Star - An historic downtown Terre Haute building will soon become a business hub for West Central Indiana.

Work is slated to start Feb. 1 on transforming the first two floors of the former Hulman and Co. building at Ninth Street and Wabash Avenue into a one-stop business hub.

Tribune-Star - Rose-Hulman Institute of Technology plans to seek an estimated $2 million to $2.5 million federal grant as part of a project to re-locate Rose-Hulman Ventures.

Tribune-Star - The new Sullivan City Pool is the first completed project through the Wabash River Regional Development Authority’s distribution of $20 million in Regional Economic Acceleration and Development Initiative (READI) grants.

Tribune-Star - After the past two challenging years, health in Terre Haute is on the rebound.

“We’re in a better place, it’s not rampant and we’re not hearing about the severe illness and death,” said Wabash Valley Health Center CEO Charlie Welker. “But we can’t let our guard down as we get into winter; we certainly wouldn’t be surprised if we saw a spike in (COVID-19) cases.”

Tribune-Star - More than 6,500 people have visited the downtown Terre Haute Convention Center from its opening in April through the end of August.

While July was a slow month, which is typical for convention centers, August was “a good month,” said Tennille Wanner, OVG 360’s general manager of the Terre Haute Convention Center. OVG 360 is contracted to manage the facility for the Vigo County Capital Improvement Board.

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Inside INdiana Business - Vigo County is exploring options to add a sports venue to its growing list of tourism facilities that includes a new convention center and the Queen of Terre Haute Casino Resort that is now under construction.

Tribune-Star - The nonprofit Friends of Rea Park celebrated the golf course's 100th anniversary Tuesday evening at the park's clubhouse and began fundraising in earnest.