How much will the downtown redevelopment cost the Town?

The Town is working with the consultants to determine the total cost. There is aging infrastructure in the area which will require attention whether private development happens or not. While the total Town investment potential is not known at this time, we have researched other communities who have gone through the same process. For example, another Indiana community completed their downtown plan and leveraged $36 million in public investments in the first 5 years. 

This investment has spurred over $200 million in private investment to date, with more to come soon. We believe a similar ratio of investment could emerge in Plainfield. Once received by the design consultants, preliminary budgets for the various projects will be posted on the website.

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1. Will the Town use eminent domain to take my property?
2. We didn’t know about this redevelopment plan. When did you have public meetings?
3. What is the Town going to do about the potential of displacing residents?
4. If the property values go up, our taxes will go up. Some can’t afford this. What is the Town’s plan?
5. What about the historical structures in the redevelopment area?
6. How is the Town going to help businesses that are impacted?
7. What is the timing of the development plan?
8. How much will the downtown redevelopment cost the Town?
9. How does this project impact the mall with additional retail options?
10. What about parking for the new developments?
11. Is the Town interested in buying my property?