Contact: Kayla Arnold, Director of Communications
Email: karnold@westfield.in.gov
FOR IMMEDIATE RELEASE
Westfield Council approves Northpoint II
Westfield, IN (April 22, 2024) — The City of Westfield City Council approved the Northpoint II PUD at the April 22 council meeting. This project, developed by Holladay Properties, is a 180-acre site on State Road 38 near Anthony Road.
Holladay Properties plans to invest over $16 million in the initial development phase. Once completed, the project is expected to have an assessed value of $175 million. It will also generate an estimated annual commercial tax revenue of $5.2 million, which will help diversify Westfield's tax base. Westfield Mayor Scott Willis's administration has been focused on expanding the city's commercial tax base as a key pillar of the administration.
The first phase of the Northpoint development, spanning 300 acres, began in 2019 and was completed in 2022. This second phase of development will activate the State Road 38 corridor, which has been identified as a key area for economic development in Westfield. The city has acknowledged that expanding the Northpoint project towards the north side of State Road 38 is the logical and reasonable next step.
After a failed attempt to develop this area in 2022, Mayor Willis has worked closely with residents over the past five months to bring this project to the finish line through a neighborhood task force group. This group held numerous meetings with Mayor Willis and Holladay Properties to address their concerns about the development and reach a consensus.
"We have put in a lot of effort to connect with the residents living near the proposed site, and with the task force group, we were able to listen to their concerns and understand them better. Although not everyone is enthusiastic about the project, we have been able to reach a consensus that everyone can agree on. Diversifying our tax base is not just a strategic move; it's necessary for sustained growth and resilience. The significant investment by Holladay Properties and the projected annual tax revenue highlights the importance of this development.," stated Mayor Willis, speaking to the positive impact of the Northpoint II PUD project.