The DePauw April 5, 2016

Page 1

Laguna Shores Clothing pg. 6 and 7

Tuesday, April 5, 2016

Indiana’s Oldest College Newspaper

vol. 164, issue 38

Stellar and beyond: What’s up next for Greencastle BY NETTIE FINN

news@thedepauw.com As construction on Greencastle’s square wraps up, so too does funding from the Stellar Communities Grant. The grant was awarded to Greencastle in 2011, and since then the $19 million that was awarded to the town have been spread over a variety of projects, including the Anderson Street entrance to DePauw University, the arrival of Eli’s Books and Starbucks, the new parking lot on Indiana Street and construction on the square to update roads and building facades. “I view Stellar as funding primarily for infrastructure around the square, between DePauw and the square,” said Vice President for Finanace and Administration Brad Kelsheimer. Stellar money, which was funded by three state organizations—Community of Rural Affaira, Indiana Department of Transportation and the Indiana Housing Authority—is definitely running out. “We’re nearing the end of the

Construction continues on Indiana Street in between Washington and Walnut Street. With the Stellar Communities grant, DePauw University and Greencastle aim to fix the facades of the buildings on and near the Greencastle Square. REBECA BAGDOCIMO / THE DEPAUW

program,” said Greencastle Mayor Bill Dorry. “Obviously our former mayor Sue Murray did a fabulous job of pulling the team together to get the job done. Now my task is to help complete the work and get things closed out.” But as the Stellar Grant dries up, what’s the next step for Greencastle and DePauw? According to Kelsheimer, it’s not just one step--it’s three. The first phase consists of downtown revitalization, the second phase is updating housing and the third and ultimate phase is to increase the tax base. Currently, we’re in the first phase: focusing on the resurgence of Greencastle’s downtown. “The more pride we can develop in our downtown, the better,” Kelsheimer said. To this end, Kelsheimer is thinking big. He doesn’t want Greencastle to be one of many Indiana small towns--he wants it to become a destination.

STELLAR GRANT cont. on pg. 2

ADVERTISeMENT

Thinking of starting a business or already have a business?

Entrepreneurship Showcase Saturday, April 9 - UB Ballroom - 10 am to 3 pm

This is your opportunity to make a FREE pitch on your idea. Learn from other entrepreneurs and speakers. Come to the networking lunch and visit exhibits that can help you get started! Please RSVP to attend, exhibit or give a pitch

mcdermond @depauw.edu or (765) 658-4858

Speakers: Matthew Lytle ‘06 - JP Morgan | Mitchell Myers - Meyer’s Market | Projjol Baneriea ‘06 - Co-Founder Zeotap


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