Southern Indiana Business Report
PETERSBURG. – The Indiana Economic Development Corporation Board of Directors approved $228,400 for the blight redevelopment project, Guesthouse Motel & Coin Laundry redevelopment. B3Bakery LLC is committed to redevelop the Guesthouse Motel in Petersburg with 20 motel units available and a laundromat by the end of 2026. The total investment is $1,142,000.
The motel property sat vacant and deteriorated for over 15 years. Indiana’s LEI Blight Program funding will be used for motel renovations including roof, windows, siding, utility improvements, and renovation materials.
Guesthouse Motel owner Braden Henson stated: “We’re incredibly grateful to the IEDC and to Ashley Willis with the Pike County Economic Development team for supporting this project. The Blight Funding Grant is helping us bring these properties back into productive use and move more quickly toward opening both the motel and the laundromat for the community. It has allowed us to invest in quality laundry equipment and efficient systems for the motel so that when we open, people will have a clean, reliable, and welcoming place to stay and do their laundry. We’re proud to be part of bringing these buildings back to life and contributing something positive to the community.”
Several Pike County EDC board members are excited to see the investment in this redevelopment project. The motel and laundromat have been needed in the community for many years, and the Pike Co. EDC is thrilled to see this anchor business be revived and reopened in the community and region. The Guesthouse Motel & Coin Laundry plan to open their doors before the end of the year.
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The Pike County Economic Development Corporation openly and enthusiastically embraces growth in Pike County. By strongly supporting city and county efforts to maintain a community that offers a great place to call home, Pike County, Indiana is especially distinctive in its vision of promoting business growth while keeping small town charm and hospitality in the forefront of community image. Through a complimentary partnership of
economic growth, prosperity, quality of place and small-town charm, the PCEDC positions itself to be proponent for progress and an advocate for Pike County’s future. Pike County is located in the heart of the I-69 corridor, with the Southwest Indiana Megasite less than 1/2 mile from the I-69 interchange.
More information is available at www¡pikecountygrowth¡com.