IBJNews

Illinois Place apartments planned for former Winona site

Back to TopCommentsE-mailPrintBookmark and Share

The redevelopment of the former Winona Hospital site near the Children’s Museum of Indianapolis will include 50 apartment units in a $6.5 million project dubbed Illinois Place.

The neighboring museum is acting as lead developer for the site on North Illinois Street, which has been abandoned since the hospital closed in 2004.

Last month, the museum selected The Whitsett Group LLC to redevelop and operate part of the site.

Its plans, shared with IBJ on Tuesday, call for 33 one-bedroom and 17 two-bedroom apartments that will be leased under federal affordable housing guidelines.

Illinois Place apartments renderingPlans call for 50 apartment units at Illinois Place. (Rendering courtesy The Whitsett Group)

Whitsett is a local affordable housing developer that has five properties within five miles of the Winona site: Constitution Gardens Apartments, Stetson Senior Apartments, Mapleton Properties, 1010 Central Apartments and the 707 North Apartments.

“One of the best features [of the project] is just being so close to the Children’s Museum,” said Whitsett Group principal Joe Whitsett.

The museum has a program called the Neighborhood Club in which it offers free memberships to families in the immediate area.

Whitsett is finishing up securing financing for the project, which includes affordable housing tax credits and state-issued tax exempt bonds. The developer expects construction to begin in late October or early November and wrap up in September 2013. Winona was demolished in October 2011.

The architect for Illinois Place is Indianapolis-based DkGr LLC. Its work includes Indianapolis Public Schools projects such as the Shortridge High School gymnasium, Cold Spring Environmental Magnet addition and the Theodore Potter School No. 74 renovation, in addition to The Point on Fall Creek.

The Point on Fall Creek is a $22 million Whitsett development that will include nearly 140 apartments and a retail component on the property where the demolished Keystone Towers stood.

Meanwhile, the Winona redevelopment also is expected to include office and green space.

The planned 22,000 square feet of commercial space likely would be built to accommodate a medical or wellness clinic, said Anthony Bridgeman, the museum’s director of community initiatives.

“Some type of commercial office space would make sense,” he said. “But we’re open to consider other types of opportunities or commercial uses.”

The redevelopment of the former Winona site is set to be done in stages, with any commercial project following the completion of the apartments.

The entire property is roughly 4 acres. Planners want to devote nearly half the area to green space.

The city took control of the hospital site in 2010 and wrote off about $1 million in tax bills. It requested proposals for redevelopment in February 2010, listing the property at $667,500, but received no responses. It's now in the process of deeding the property to an affiliate of the museum.
 

ADVERTISEMENT

  • Leasing information
    TWG Development is the developer on the project. Call 361-7930 for leasing information.
  • Consumer
    I'm wondering the same thing
  • who and how do you quifily
    How much is the rent,.what is the Sq footage for two bedroom
    • Apartment Application
      Where and how do I put in an application for an apartment
    • Tax Credits
      More "affordable" (low income) tax credit projects, just what we need. The project looks great, be we need some market rate projects around the city.

      Cory, I'm curious as to what the actual percentage of new affordable housing is compared to market rate in the last two years. From what I've seen, it's look like around 75% of all new housing projects are "affordable" so the developer can get the free tax credit handout.
    • Bobgood1
      I'm glad that there are plans for that site. I never could understand what happened to the hospital. It wasn't that old.That area of the city is not that desirable of Business area.

    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. Here are a few candidates for this new group, "ripped from the headlines." First up, that bizzaro State Senator Brent Waltz; secondly, the unethical Todd Huston, and his contractual arrangements scheme; Finally, but not least of all, the dishonorable Eric Turner. What sayeth you Greg Zoeller?

    2. Good day. I can't hide this great testimony that take place in my life I will love everyone to know it and be partaker that is why I always place it on answer, I am Mrs,Natalie Cuttaia by name, I live in Texas, United State Of America, I want to thank (Mr.Bruce Brandon) for his kindness upon my family life. I never knew that there is still nice lender like this on internet and earth here. Just some Months Back, I was in search for a loan of $100,000,00 as I was running out of money for feeding and rent. I was scammed $6,800 Dollars and I decided not to involve my self in such business again but a Friend of my introduced me to a loan firm due to my appearance and doings. And I told him that I am not interested of any loan deal anymore but he told me that there is still a nice lender who he will recommend me to, and I made a trial and I am most grateful lucky am I today, I was given a loan amount of $100,000.00usd, by this great Company (Bruce Brandon Loan Company) managed by (Mr.Bruce Brandon) If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via: ( bruce.brandon071@gmail.com ) And you will be free from scams in the internet. All thanks to Mr.Bruce Brandon You are the one who remove me and my family out of poverty. The reason why i am doing this is that, i promise Mr.Bruce Brandon that if i truly got my loan, i will advertize his company and bring customers to his company. Contact him via ( bruce.brandon071@gmail.com )for the Loan you have been looking for..

    3. Hello, We are firm Organization formed to help people in needs of helps,such as financial help. So if you are going through financial difficulty or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email mrsroseberrywilkinsfunds.usa@gmail.com So do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more. Please these is for serious minded and God fearing People. Your Name: Loan Amount: Loan Duration: Valid Cell Phone Number: Thanks for your understanding to your contact as we Await Regards Management Email:mrsroseberrywilkinsfunds.usa@gmail.com

    4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

    5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

    ADVERTISEMENT