“This project has been a long time coming,” Brownsburg Town Manager Grant Kleinhenz said in a press release. “Not only will the completion of Ronald Reagan Parkway ease traffic congestion and accommodate future transportation demands, but it will also have a major impact on our community’s long-term economic development.”
The Town of Brownsburg annexed Ronald Reagan Parkway in 2011. With completion of the roadway, the town’s Comprehensive Plan anticipates significant commercial development over the next 10 to 15 years that would likely include a regional campus of offices, hotels, restaurants, and shopping facilities and will create more than a thousand permanent jobs while diversifying the town’s property tax base.
“This critical piece of the parkway will open up the entire east side of Hendricks County to great opportunities,” Hendricks County Commissioner Matt Whetstone said. “We’re so pleased that partnering with the Town of Brownsburg to share costs could help make it happen.”
Brownsburg Town Council President Gary Hood said being able to partner with the county has made the project possible.
“Partnering with Hendricks County on the federal funding request and sharing project costs has been the key to making the Ronald Reagan Parkway corridor a reality,” he said. “Without the intergovernmental cooperation, completion of the corridor would still be only a dream.”