Daleville is between Anderson and Muncie.
Developer Joe Szigethy is talking with local officials about rezoning requests for hundreds of acres at Exit 28, and has told them financing is in place.
Local officials are revealing little about the project, but say the scope is much larger than the initial plan unveiled a year ago.
Plans discussed by Szigethy and partner Andrew Gottlieb of Newburgh, N.Y.-based Peoples Management Resource a year ago included two hotels, restaurants, a 15,000-seat indoor concert venue, an indoor water park and an indoor ice skating rink. The project might have needed as much as 800 acres.
The first proposal was pulled back after media reports caused landowners to inflate prices of their properties, other landowners refused to sell and some Daleville residents expressed concerns.