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The Indiana Department of Environmental Management (IDEM) denied a permit application to turn wetlands in Marion County into a retail complex last week. Gershman Partners submitted a permit in February to transform wetlands in Franklin Township – on the northeast corner of East County Line Road and South Arlington Avenue – into an area with warehouses and a hotel. IDEM rejected the proposal stating the developers did not show “reasonable alternatives” to destroying the wetlands.
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SB 246 would allow the Indiana Department of Natural Resources to certify some acres of ground as a wildland, which counts as a tax break. It's not to be confused with a bill already signed into law that would take away wetland protections.
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Groups that represent home builders and developers often talk about how environmental regulation adds to the cost of building a new home, making home ownership unaffordable for many Hoosiers. But just how much do environmental regulations specifically factor into the price of a home?