Development Focus Areas
Development Focus Area 1: SR 32 Corridor/I-74 Interchange
Development Focus Area 2: Nucor Road Area
This focus area is a unique development opportunity as it has multiple parcels bordering miles of CSX rail service. It’s a great area for businesses that would require rail and interstate access. Additionally, some of the property in this focus area has already gone through Duke Energy’s Site Readiness Analysis.
Development Focus Area 3: SR 47/US 231
One project to note is the CR 200 S extension project. This project is now complete with the help and partnership between the city of Crawfordsville and Montgomery County. This project will aid in bringing new development potential to the west of the existing commercial/retail center.
Development Focus Area 4: I-74/ Lafayette Road Interchange
Given the presence of utility access and shovel ready sites on the south side of the interchange, there are immediate development opportunities in this area. The desired future land uses on the south side of the interchange are an expansion of the uses that are currently in place. The interchange also serves as the northern gateway into Crawfordsville, making it a great area for future development.
Taxes and Incentives
Tax Incremental Financing (TIF) and the creation of a TIF District provides a means to facilitate and finance economic development related projects within a designated Economic Development allocation area.
Projects to Promote Growth
- Installation of critical infrastructure
- Assistance with land acquisition
- Special incentives to employers
Projects solely funded by the private sector would not likely be able to occur, but for the involvement of the Redevelopment Commission and the establishment of a TIF District for the proposed Allocation Area.
For site inquiries or any questions about Montgomery County, please contact County Administrator Tom Klein at: