Urban Indiana

State incentives approved for $40M Valpo project

The Indiana Economic Development Corp. on Thursday approved incentives for the redevelopment of a 124-year-old former school in downtown Valparaiso.

Urschel Development Corp. plans to invest $40 million to convert the 1899 Gardner School building into a 58-room boutique hotel.

The building was constructed in 1899 and then repurposed in the early 1970s as a Boys and Girls Club, but was vacated in 2022 when the club moved into a new location.

More below:
https://www.insideindianabusiness.com/articles/state-incentives-approved-for-40m-valpo-project