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No buyers surfacing for former Winona Hospital

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The city of Indianapolis’ plans to sell the former Winona Hospital for redevelopment is failing to attract interest from potential buyers.

As of late Monday morning, no bids had been submitted, according to John Bartholomew, spokesman for the Metropolitan Development Commission. MDC is set to begin reviewing bids at its Wednesday meeting.  

On Feb. 3, MDC approved a resolution to publicly list the property for $667,500.

The 317-bed hospital at Meridian and 32nd streets, which opened in 1956, closed in 2004 after owners declared bankruptcy. In October, it was listed—along with its unpaid tax bill of nearly $1 million—in the Marion County Treasurer’s tax sale.

But the opportunity to obtain the property’s tax lien attracted no bidders either. The city has written off Winona’s back taxes and is now attempting to attract a buyer who can rehabilitate the property.

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  • Good call...
    Good call Irvingtonguy. I've been saying for years that Indianapolis would be the perfect spot for film/TV productions. A lot of great locations that would suit many different storylines, plenty of empty warehouses for building interior sets, and the list goes on. Doesn't Indy have a film comission like most other cities do?
  • A good Reuse
    Why doesn't the city/state try to attract more tv/movie production companies to the area. The empty hospital would be a good location for movies that needed a hospital setting. The old airport could be used also for things such as this as well as plenty of empty schools that could be used as a set for tv shows or movies. Shreveport, Louisiana has gained quite a bit of industry with being the new up and coming filming location for movies.

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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