Speedway project will have victims

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

I have to comment regarding the latest articles [in the Nov. 10 issue] regarding the redevelopment of Speedway. While the
articles were written very well and gave the impression that this redevelopment is a must for the community, I do not remember
reading anything regarding the businesses that will be lost or the people who will be thrown out of their homes because of
this redevelopment.

IBJ should show both sides of the story. Go and talk to Speedway Monogramming and
Speedway Industrial Park and see what this
redevelopment will do to their business. Speedway Industrial Park has 12 buildings they lease to different businesses that
will also be affected. Some of these businesses have been part of the Speedway area for over 15 years and Speedway Industrial
Park has been in the area for 50 years. What will losing these businesses do to the tax base in Speedway?

The closing of Georgetown Road will be affecting three trailer parks which house many low-income elderly who have nowhere
to go. These parks are maintained well and have been part of the history of the Speedway for many years.

I am tired of all of the fluff the media gives to this redevelopment and refuse to look at the real problem: The economy is
not solid enough to continue with this redevelopment at this time; the people of Speedway cannot afford higher taxes; the
Speedway Redevelopment Commission has not given any indication that outside businesses have committed to bring commerce into
the area; the Indianapolis Motor Speedway can continue with their hotel plans and moving of the museum without throwing businesses
out by just using the property they own; and the redevelopment of the area around the Speedway is going to affect the traffic
flow around Speedway, which includes a main street that has five schools with children who walk to school daily.

Why is this redevelopment such an
important task to take on now?

___

Jo Ellen Dotlich

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In