Nature Conservancy buys blighted industrial site

The Nature Conservancy has agreed to buy a blighted industrial property on the eastern edge of downtown to develop a new Indiana headquarters. The $4.5 million project--which will revitalize or replace the former home of Nemec Heating & Supply Co. at 614 E. Ohio St.--should provide another boost to an area that has been bulking up on development, mainly residential.

 

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