Indianapolis Gets $5.5 Million for Parks

Indiana will be getting $20 million in federal grants that will help pay for greenway and beatification projects in the Indianapolis area.  Six projects in the Indianapolis area will benefit from this grant money including an extension of the Monon Trail and a new trail in Beech Grove.  Here is how the money is to be allocated:


 

-         $1 million to Beech Grove to build a new 1.8 mile greenway.

-         $1 million to Hamilton County to buy land for the extension of the Monon Trail.

-         $600,000 to Hamilton County to rehabilitate a bridge that will provide a new pedestrian crossing over the White River.

-         $1 million to Cumberland for the construction of the Buck Creek Trail.

-         $1 million to Indianapolis for beautification and improvements along Emerson Ave.

-         $872,000 to Elwood for beatification of streets in the Central Business District.

Parks, trails, and beautification are so important to enhancing a community yet too often get overlooked or under funded.  Take the Monon in Broadripple for example, this trail is a vital part of the community and no doubt adds to the allure of this community.  Carmel has a very impressive network of parks and trails and Carmel real estate undoubtedly benefits from this.  This will be money well spent that will continue to enhance and beatify our neighborhoods and ultimately have a positive affect on the real estate market.

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