J.F. Wild building getting makeover

April 2, 2008
Back to TopCommentsE-mailPrintBookmark and Share
JF Wild & Co BuildingA local firm has begun renovations on an historic 12-story former bank building at 129 E. Market St. Crown Property Group bought the J.F. Wild & Co. building from Flaherty & Collins Properties for about $750,000. The deal closed two weeks ago, and Crown already has moved its offices into the building's first floor. The company has begun efforts to lease the mostly vacant building, which property records show was built in 1904. (Image is circa 1920s from the Indiana Historical Society.) Crown Property Group, which is privately held, also owns two other historic buildings along Market Street between Pennsylvania and Delaware streets: the Stock Yards Bank & Trust Building and the Barrister Building.
ADVERTISEMENT
  • Is this on the south side of the street next to the parking lot or next to the stockyard building? I'm having trouble identifying it on google street view.
  • It's on the south side of the street next to the parking lot.
  • Ah ok, they always have those cheesy displays in the display case. Not a bad looking building, I had no idea it was vacant. It would be nice to get it filled and then maybe get rid of that useless parking lot next door.
  • Are these interior or exterior renovations?
  • Ablerock: The plans call for both interior and exterior updates.
  • Thanks, that's good news.
  • In the early 70's, the name on the outside of that building was Hornblower, Weeks, Hemhill & Noyes This was an investment brokerage firm that was acquired in the broker consolidations of the 70's and 80's. Is that the banking firm that is referred to in the former building ownership?
  • Once again HORNBLOWER, WEEKS, HEMPHILL & NOYES
  • J.F. Wild & Co. was a state bank. Anyone know what became of them?
    • Anybody know what became of the Penn Centre?
    • Cory - the info you were looking for:

      8/5/1927 The Indianpolis Star printed announcement that state bank examiners had closed the $7,000,000 J.F. Wild Company, the largest state bank in Indiana and the oldest bond house in Indiana. J.F. Wild, president, blamed the closing on the theft of $275,000 Liberty Bonds the previous November.
      • Was Mr. Potter involved in the theft? Sorry, I could not resist. It is a wonderful life.
      • WHAT!!!! It’s not being turned into $500.000+ Condos. What is the world coming to? When we stop turning old downtown building into Condos and start using them for what they where built for.

        Now all it needs is a nice new BOX like GLASS skin and BAM it's rentable. NOT
      • This group had an article written about them in the star last year. They are fairly low profile and focus on historic renovations and sustainable redevelopment. It looks like a great building.
      • The building is on the south side of the street, next to the parking lot and across from the Stockyards building. The parking lot is going to be used by a new TGIF moving in on the north side of the street.
      • Erich, last I heard, the Penn Centre project is still a go! Just a short delay.
      • FLAHERTY AND COLLINS SOLD THEIR BUIDLING
      • The parking lot is going to be used by a new TGIF moving in on the north side of the street.

        WHAT?!
      • Re: WHAT?!

        There is a plethora of garage parking/free evening street parking in the area.
      • This is great news. I love the buidling along Market Steet. Market Street is probably the only street in downtown that has anything like a big city kind of feel to it.
      • This is great news. I love the buidlings along Market Steet. Market Street is probably the only street in downtown that has anything like a big city kind of feel to it. the TGIF thing...not so great.
      • uh.. where is the TGIF going? I hadn't heard about that. At any rate, that side of downtown could use more restaurants. All the others are clustered over by the mall. I'm sure the people working on the east end of downtown will appreciate it.
      • NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO NO NO NO NO NO NO NO MORE TGIF'S ANYWHERE IN THE WORLD. CAN'T WE GET THIS CANCER STOPED.

        NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
      • Okay people, really. Would you rather all the spaces occupied by chain stores and restaurants be vacant? I mean let's get real. If people didn't shop or eat at these places they wouldn't keep adding locations. Rents in downtown areas can be high. Sometimes too high for a mom and pop restaurant/store. The true cancer is vacant, delapidated store fronts in downtown. I support locals as often as I can. Most of the restaurants where I live are locals and I love them. Besides the fact that all chains started out as an independent restaurant/store somewhere. Bitching about chains is like bitching about somone being successful. If you don't like them, then don't eat/shop there. Plain and simple.
      • Bring on the Starbucks and Applebees...
      • WHAT!!!! It’s not being turned into $500.000+ Condos. What is the world coming to? When we stop turning old downtown building into Condos and start using them for what they where built for.

        Now all it needs is a nice new BOX like GLASS skin and BAM it’s rentable. NOT


        ^^ Priceless.
      • The parking lot on the southside of Market needs to go. Is this where the Friday's is going? A new building? It needs a substntial building where the parking lot is. Housing would be good. I agree this is a great street.
      • J.F. Wild Bank
        J.F. Wild was John Franklin Wild, my great grandfather. I never knew the man, of course, but the bank lasted until the "bank holiday" during the depression I think. J.F. came from Noblesville, IN, where he was the son of an immigrant who came from Ulm, Germany.
      • More on Wild Bank
        Last time I was through Indianapolis, I recall looking up to see etched in the stone the name J.F. Wild Bank, covered up for all purposes by a modern electric sign. If they ever tear that 12 story building down, I would love to buy that piece of family history. My daughter is back in banking industry - what goes around comes around.

      Post a comment to this blog

      COMMENTS POLICY
      We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
       
      You are legally responsible for what you post and your anonymity is not guaranteed.
       
      Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
       
      No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
       
      We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
       

      Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

      Sponsored by
      ADVERTISEMENT
      1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

      2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

      3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

      4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

      5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

      ADVERTISEMENT