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Indianapolis council OKs razing of Keystone Towers

May 16, 2011

The City-County Council in Indianapolis has voted to spend $4 million to demolish the abandoned 15-story Keystone Towers and the long-vacant former Winona Hospital.

The council voted Monday night to use $2 million each to knock down the high rise and the hospital.

The council voted to spend $7.4 million in all, with the rest of the money going to prepare the sites for re-development.

Afterward, Mayor Greg Ballard issued a statement saying the Keystone Towers decision shows support for efforts to revitalize the neighborhood.

The Marion County Health Department shut down Keystone Towers in 2008. It's near the Indiana State Fairgrounds and became a haven for squatters and drug dealers.

Demolition of the towers is expected to start in August and of the hospital in the fall.

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