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Keystone Towers tumble down

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Hundreds of people watched from nearby as explosives brought down a long-shuttered Indianapolis apartment tower that had become a neighborhood eyesore and a haven for crime.

About 750 pounds of explosives brought down the Keystone Towers' 15-story apartment building and 8-story office building in about 15 seconds Sunday morning. The apartment building's elevator shaft remained standing, as demolition crews had expected.



Project estimator Frank Burdick of Indianapolis-based Denney Excavating said crews would begin removing debris Monday and then draft plans later in the week to raze the elevator shaft.

The complex was built in the early 1970s but had long been empty and had become a haven for squatters, drug dealers and illegal dumping.

Denney Excavating received the contract to demolish the 15-story building in June after submitting a bid of $827,000.

The building, northeast of the Indiana State Fairgrounds and near the intersection of Keystone Avenue and Binford Boulevard, was closed in 2008 after it was deemed unsuitable for human habitation by the Marion County Health Department.

After the site is cleared, the city will explore redeveloping the site. Any new projects must include mixed-income rental housing by the rules of the federal grant used to demolish the 15-story complex.

Keystone Towers has been mostly vacant for more than 10 years. The apartment complex, built by local developer George Ginger in 1974 as the VIP Center, originally included apartment and office components and was intended to be a crown jewel on the midtown Keystone Avenue corridor. However, leasing problems hampered the project from the beginning and the office space was eventually converted into apartments.

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  • You are confused
    Larry, no developer has acquired the parcel. The $40 million development you mention is planned for 86th and Keystone. The demolished towers were about 4 miles south on Keystone near Fall Creek and Keystone.

  • Where is the "rest of the story"?
    I noticed that a developer has already acquired the now nearly vacant parcel of land and plans for $40M investment. Who is the developer and why are the taxpayers picking up the tab for the demo job? Who are the players? Please include the ones with "Government" connections.

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    1. Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!

    2. Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.

    3. Perhaps May 21 is "Evangelical Day" over at the IBJ?

    4. I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.

    5. I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.

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