WEST LAFAYETTE, Ind. (WLFI) — A $1 billion plan to transform Purdue's campus takes another step forward.
As News 18 reported Tuesday, the university announced a state-of-the-art plan to create a new academic and professional community.
The 30-year commitment is designed to impact the West side of campus.
Last month, the West Lafayette Redevelopment Commission discussed a resolution where Purdue Research Foundation will complete necessary infrastructure in the area.
Once the area starts generating tax revenue, the commission will reimburse a portion to the Purdue Research Foundation.
It was approved by the redevelopment commission Wednesday.
Mayor John Dennis said this plan will allow work on the main project to begin earlier than usual.
"Often times, projects of this size and scope can take years, decades actually, to get them done," Dennis said. "We're looking at doing all of this in a very short period of time."
This was the second time the redevelopment commission heard the resolution.
It was also approved by the city council and the area plan commission before Wednesday's meeting.