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Housing agency breaking ground on $30M Lugar Tower project

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The Indianapolis Housing Agency plans to break ground at 10 a.m. Wednesday on a $30 million project to renovate Lugar Tower and build two mixed-income buildings at its base.

Located at 901 Fort Wayne Avenue in downtown Indianapolis, Lugar Tower was built in 1974 and has undergone only minor renovations, in 1994 and 2001. The 15-story apartment building houses more than 200 low-income elderly and disabled residents.

The renovation to the tower and the construction of two buildings containing a total of 74 units at the tower’s base should be finished late next year.

The Lugar Tower project is being co-developed by IHA and Flaherty & Collins Properties, and is being designed by Memphis, Tenn.-based Looney Ricks Kiss Architects.

The developer got permission a year ago from the Indiana Housing and Community Development Authority to sell $29 million in tax credits to finance the project.

It is part of a $123 million campaign to improve affordable housing in the city.

IHA Executive Director Rufus “Bud” Myers will be joined at the groundbreaking by U.S. Rep. Andre Carson, D-Indianapolis, Deputy Mayor Olgen Williams and other community leaders and public officials.

 

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  1. Why should I a home owner pay for this"car sharing" ????

  2. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  3. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  4. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  5. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

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