Doug Ross Oct 9, 2021 Updated Oct 9, 2021
The proposed South Haven Industrial Park at the northwest corner of Ind. 149 and U.S. 6 is zoned for light industrial use. “It’s probably going to be the largest industrial park with vacant land in the north end of the county,” consultant Stu Summers said.
The county’s Redevelopment Commission and Plan Commission approved resolutions in quick succession recently following a presentation by consultant Stu Summers.
The proposed South Haven TIF is by far the largest, with about 870 acres of commercial and industrial land on the north end of South Haven.
The Cherokee Trail TIF would have 95 acres at the southeast corner of Ind. 49 and County Road 150 South, with the Family Express bakery at its southern border.
The TIF districts would have a 25-year lifespan.
A TIF district is set up to encourage redevelopment or development, creating jobs in the process, Summers explained. The existing tax base would go to the taxing districts already getting revenue from the property. While the TIF is in place, any additional tax revenue from that land would go toward the Redevelopment Commission for use in providing infrastructure in and adjacent to the TIF districts.