Goodin Development’s The Elwood Project in Kokomo Gets Green Light, Sparking New Growth

Carmel, Indiana -

Goodin Development’s Kokomo Project, The Elwood, Receives Full Approval from City Council

Kokomo, IN – Goodin Development is pleased to announce that its latest project, The Elwood, has received full approval from the Kokomo City Council. This significant milestone clears the way for the innovative mixed-use development to move forward, bringing new housing opportunities, retail space, and a revitalized sense of community to Kokomo.

The Elwood represents a major step in Goodin Development’s mission to create purposeful, high-quality developments that enhance communities and improve residents' quality of life. Approved by the City Council with strong support, the project will serve as a catalyst for growth in Kokomo, aligning with the city’s vision for economic development and sustainable urban planning.

“We are thrilled to receive the City Council’s approval for The Elwood,” said Justin Goodin, Founder of Goodin Development. “We are excited to partner with the City of Kokomo to build this amazing community. With the city recently announcing thousands of new jobs, The Elwood will play a key role in providing high-quality, modern housing for the area.”

About The Elwood

Located in a key area of Kokomo, The Elwood will feature thoughtfully designed residential units alongside vibrant commercial and retail spaces. The project’s modern, community-focused design emphasizes walkability, accessibility, and a balance between urban amenities and small-town charm.

Key highlights of The Elwood include:

The Elwood will include 114 one- and two-bedroom apartment homes and 3,000 square ft. of commercial space uniquely suited for a restaurant with outdoor seating. The apartments will feature spacious floor plans with modern kitchens that include quartz countertops, stainless steel appliances, tile backsplash, and center islands. The apartments also come equipped with a full-size washer and dryer, tile surrounds in showers and tubs, large closets, and a balcony or patio in every unit.

Future residents will enjoy an extraordinary amenity package consisting of a work-from-home lounge with grand rooftop patio, state-of-the-art fitness center, an indoor/outdoor resident cafe, indoor bike storage, pet spa, pedestrian plaza, and a courtyard with outdoor grilling stations and a fire pit.

The Elwood aims to meet the rising demand for mixed-use developments that combine housing with commercial offerings, creating a vibrant hub for work, living, and leisure. By incorporating thoughtful design and modern infrastructure, the project supports Kokomo’s goals for economic growth, job creation, and quality of life improvements.

“The Elwood represents an opportunity to build a space that serves both current and future residents,” added Justin Goodin. “The City Council’s approval reflects the shared belief in the value and potential of this project. We look forward to breaking ground and seeing The Elwood become a vital part of the Kokomo community.”

Community Impact and Future Development

The City Council’s approval marks the beginning of a transformative project that is expected to benefit Kokomo’s economy and community. By blending residential and retail spaces, The Elwood will attract new residents and businesses while complementing the city’s existing infrastructure.

Local officials praised the project for its focus on enhancing livability, strengthening Kokomo’s housing market, and supporting local commerce. The Elwood aligns with broader revitalization efforts aimed at making Kokomo a destination for families, professionals, and businesses.

Next Steps

With the City Council’s approval secured, Goodin Development will move forward with the next phases of the project, including detailed planning and groundbreaking in the coming months. Updates regarding project timelines, leasing opportunities, and further details will be shared as development progresses.

For more information on The Elwood and other Goodin Development projects, please visit https://goodindevelopment.com/.

About Goodin Development

Goodin Development, headquartered in Carmel, Indiana, specializes in building premium, market-rate apartment communities throughout Indiana. With a focus on quality, innovation, and purposeful design, the company delivers projects that drive economic growth and create lasting value for the communities it serves.

Goodin Development provides busy professionals with the opportunity to invest in real estate without the hassle or time commitments. Committed to excellence and long-term impact, Goodin Development is shaping thriving communities across Indiana.