FORTVILLE–The small town of Fortville in Hancock County is taking big steps to attract more business activity as residential development from nearby Fishers creeps closer to its borders.
With roughly 4,000 residents, Fortville sits six miles east of Marion County’s northeast corner—past McCordsville on U.S. 36 and within minutes of Hamilton County.
FORTVILLE — Almost 200 acres of farmland along Fortville Pike could be the future site of a bustling business park — or so local leaders hope.
The Fortville Town Council this week unanimously approved a plan to create a tax-increment financing, or TIF district, which will use property tax dollars from new development on the south side of the community to improve the area and attract companies to set up shop nearby.
The district, which measures approximately 186 acres in all, is currently covered in crops, but town officials said they hope the plan will spur economic growth in the area.
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