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Hopewell gets $1.8 million from state economic initiative

By Joe Hren

Posted March 8, 2023

The hospital site is bounded roughly by West 2nd Street to the north, West Wylie Street to the south, the B-Line Trail to the east, and South Walker Street to the west.

The hospital site is bounded roughly by West 2nd Street to the north, West Wylie Street to the south, the B-Line Trail to the east, and South Walker Street to the west. (City of Bloomington)

Bloomington’s Hopewell neighborhood is getting a $1.8 million dollar READI grant - a regional state economic initiative.

Hopewell is the former location of IU Health hospital and surrounding properties. The city is redeveloping the 24-acre site into a number of housing designs and density types for all income levels.

The money will be used to design and build a 350-foot portion of Jackson Street as a new housing corridor.

“Buying Hopewell lets us rebuild from the ground up a new neighborhood in our downtown – and this grant accelerates the process,” said Mayor John Hamilton in a press release. “We will restore a city-scale grid of streets and sidewalks to support a mix of housing types built for sustainability and affordability.”

Read more: Hamilton announces nonprofit to focus on arts, tech, housing

Phase one of the project is underway and includes demolishing structures, re-platting property, and installing utilities.

The city issued its first Request for Information for interested developers for a portion of the neighborhood last month.

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