IBJNews

Irvington groups save landmark from demolition

Back to TopCommentsE-mailPrintBookmark and Share

Two not-for-profits serving the Irvington neighborhood have purchased a derelict, century-old building with intentions of restoring it and selling it as a commercial property.

The Irvington Development Organization and Irvington Historical Society on Friday closed on the purchase of a two-story, 2,400-square-foot property at the corner of Washington Street and Ritter Avenue.

Built as a post office in 1903, the building at 5502 E. Washington St. anchored Irvington's former commercial hub. It has been vacant since about 1997.

The previous owner’s estimates of up to $500,000 in repairs did not justify keeping the building intact, so an attorney in February filed a petition for demolition with the Historic Preservation Commission.

Margaret Banning, director of the Irvington Development Organization, said the IDO convinced the commission to hold off on a decision long enough for the sale to go through.

“This is a key building for our neighborhood. You can’t have that intersection be a blank parking lot,” Banning said.

The IDO and the Irvington Historical Society formed the Irvington Post Office LLC and obtained a $110,000 loan from Citizens Energy Group’s community development program. That gave the partnership enough money to buy the building with a little money left over to acquire adjoining property for a parking lot.

Banning said the Irvington not-for-profits forecast about $400,000 more in roof repairs and exterior restoration.

The partnership is trying to secure another $100,000 from the Local Initiatives Support Corp., which is expected to make a decision by late January or early February, Banning said.

The organizations are also seeking several grants for smaller amounts from agencies such as the Indiana Department of Natural Resources Division of Historic Preservation and Archaeology.

Banning said the groups are hoping to secure all grants by June, letting them quickly finish the work and sell the building. It would be ideal for a professional services firm, she said.
 

ADVERTISEMENT

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:
 
Subscribe to IBJ
  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

ADVERTISEMENT