IBJOpinion

BROWNING: How to fix Broad Ripple

Back to TopCommentsE-mailPrintBookmark and Share

viewpoint-browning-jamieIt is a tragedy that the senseless shootings in Broad Ripple earlier this month might define one of the most important destination districts in Indianapolis.

For generations, Broad Ripple has been a singular place in Indianapolis to shop, raise families, socialize, work, go to school, eat a great meal, ride your bike, and, perhaps, meet your future spouse. Broad Ripple has unintentionally been a model for what has become known as a live/work/play/learn community. This is exactly the kind of dense, walkable and multi-faceted community that cities around the country are trying to replicate.

As many before me have correctly pointed out, the live/work/play/learn community that Broad Ripple has been for years has recently felt different and off balance.

I have witnessed and felt these changes firsthand. Since 2005, I have worked with my business partners in developing a variety of restaurants and bars in and around Broad Ripple. Most recently, my employer, Browning Investments, along with its partner, Sheehan Construction, has been working hard to develop a $30 million mixed-use project that includes luxury apartments, retail and parking facilities.

When I started doing business in Broad Ripple, the village had a much more balanced live/work/play/learn equation, with far fewer bars and restaurants than today and a more robust and diverse daytime retail trade.

As the balance has shifted over the years to emphasize the play component of the village, problems—including crime—have arisen and grown, and these problems now threaten to redefine Broad Ripple as a dangerous nightlife district.

While crime control and increased police presence are necessary in the short term to help change the nighttime dynamic in Broad Ripple, what is really needed is a deeper, more long-term and systematic way of recovering the fundamental building blocks that made Broad Ripple such a special destination in the first place.

The current equation desperately needs to be rebalanced to better emphasize the live/work/learn variables.

How can we accomplish this?

With variety.

Existing daytime businesses and retailers must be supported and nurtured and, just as important, new daytime businesses and retailers should be welcomed with open arms and encouraged to invest in the neighborhood.

New and creative housing options should be encouraged—especially housing options that attract and retain families and professionals.

Investment breeds investment. Strategically encouraging and supporting daytime businesses and foot traffic will help attract new quality housing options, and new quality housing options will help support existing daytime businesses and help attract new ones.

This is the secret sauce of great live/work/play/learn communities—all the constituent components of the communities complement and support one another, giving rise to a healthy, vibrant and balanced neighborhood.

Generously support the Broad Ripple Village Association and Midtown Indy. These organizations deeply understand the value of Broad Ripple’s historic culture, and they have the personnel, plans, smarts and energy to rebalance the equation in the neighborhood.

I will continue doing business in Broad Ripple. I love the village, I love its history, and I see incredible potential in its future. But to realize this incredible potential, we have to get the balance right.•

__________

Browning is vice president of real estate development at Browning Investments Inc. Send comments on this column to ibjedit@ibj.com.

ADVERTISEMENT

  • Wrong focus
    fix or work on the other areas and issues that are causing Broad Ripple to have these crime issues or it won't matter what you do in broad ripple. amazing that no one cares when these problems are in a different part of the city but now that they have come to broad ripple, we need to fix broad ripple.

Post a comment to this story

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

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

ADVERTISEMENT