Renderings: New look for proposed Canal apartments

April 13, 2012
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Canal Apartment Tower IndianapolisA proposal more than a year in the works for an apartment Canal Apartment Tower Indianapolistower along the Central Canal could be nearing a groundbreaking. Canal Apartment Tower IndianapolisValparaiso-based Investment Property Advisors is scheduled to make its pitch for the project to the Metropolitan Development Commission on Wednesday (April 18). In a bid to win support from planners and neighbors, the developers agreed to reduce the tower portion of the project from 26 stories to 10, and the total number of apartment units from 485 to 293. The project also calls for 236 parking spaces, down from 434, and 10,800 square feet of office or retail space, double the space originally proposed. Investment Property Advisors also agreed to a design with less stucco (EIFS) and more brick, along with a larger green roof than the original proposal. The project would be built on two adjoining parcels along Ninth Street between Senate Avenue and the Central Canal. The developers hope to begin construction in the fall, which would allow the first residents to move in by summer 2014. The apartments would be marketed to students. The architect is Ratio.

Here are a few of our previous stories on the project:

Developer plans 26-story tower along canal

Developer scales back plans for tower along Central Canal

Decision on Canal residential project delayed again

  • NIMBY World
    The NIMBYs win again. Geez.

    Height and density mean feet on the street, busy shops and eating/drinking places, less commuting by car. What part of this don't they get?
  • Who cares now?
    Yeah, sure compared to the original proposal this one looks just great. An extraordinary accomplishment and a huge leap forward for downtown Evansville.
  • I care...
    ...and I like it.
  • Um... ok?
    Wow... this is Indiana at its finest.... Such innovative and forward thinking architecture. Marvelous, splendid, amazing! Wait... oh damn... I thought I was posting on some other thread about a skyscraper in Chicago or NYC. Nevermind...
  • While I'm for development
    How many more buildings need to look like the convention center's new main entrance on capitol ave (exhibit A..the Dolce (Ralston) Hotel) and the courtyard, etc in Marriott place? With all due respect but all this "architecture" looks the same!
  • More of the same
    @Ramz: As many as there need to be, I guess. More of the same from our friends at Ratio. However, I could think of worse (DiRimini, anyone?)
  • clean house at DMD
    I thought I was going to have to jump on this but it looks like everyone has it covered. So let's move on with how to change DMD
    • Better than nothing
      Look, I'm not tremendously excited by the design on this either, but it does result in more resident downtown and higher residential density along the canal. Once we build up residents downtown, we can start talking about amazing unique design because there will be a market for it. Until then, give me a few thousand extra people living and working in the mile square and I'll be content.
      • Anyone know math?
        They say they're planning on 293 apartments, but only 236 parking spaces. Add retail, roommates, visitors, and I think they're going to come up about 300 parking spaces short. I realize this is close to IUPUI, but does this place need to look like another classroom building, residence hall, or Lucas Oil Stadium? Once again...this city shames us all.
        • Math
          Per code (unless they get a variance), they must have MINIMUM 1.5 parking spots per unit and 2% min. of those must be accessible (handicap) spots. In a dense urban area such as this, they might be able to get a bit of a variance on parking, but certainly (or hopefully) no where close to the amount they are proposing.
          And seriously Ratio, can you not come up with anything different than boxes of glass with cantilevered overhangs above them? Diversity much?
        • Urban Design?
          Building smuilding, its the way it hits the canal that makes me wonder where are the Urban Design Guidelines? Where is the human space, scale and proportion? I'm embarassed, and I don't even work at Ratio. Hopefully this design is Developer driven and Ratio just needed the money! It could also be used and the USS Indianpolis Memorial...after the torpedoes took it down!
          • Ratio who?
            Who from Ratio wants to reply to this embarassing design? It makes me wonder why Ratio is involved with such banal design...when they have a fairly decent reputation? All you have to do is take a look at the convention, how progressive can you be with institutional brick?!?!?!?!?! I think this just proves that Indy is controlled by old & tired politicians. Once again, Indy proves we have to wait 50 years for this Canal to turn into a livable district. What a joke.
          • Very Professional
            Very professional comment comparing it with the USS Indianapolis. Absolutely hilarious what happened to that ship and the sailors. Keep your comments contained to the IndyStar.
          • Hmmmmm
            Maybe Ratio was trying to build a better cruise ship than the one on Mass Ave? I guess architects get overly creative when by water.
          • Change DMD
            HA HA HA HA HA!
            Oops, sorry. Change takes commitment and vision. Change does not necessarily equal improvement, either. Change for the sake of change is not better. So what's your plan to "change" DMD? First, take all the politics out of it and let professionals (planners) do their job without dictating who/what/where is supposed to win. Maybe then the City could keep some of the good ones from defecting in frustration to private firms where they at least get better compensation even if they do have to follow company dictates.
          • Better mousetrap
            How about the disgruntled architects and architect wanabees drum up some investment capital and show the world how it should be done? It is very easy to take potshots from the bushes, but difficult to bring capital intensive projects to market. I don't mean that people don't have a right to their opinion; they absolutely do. But it's a lot tougher to bring extraordinary architecture to the world in a profitable building than many people think. Why is that? Apply all your creativity to solving that one, and you'll get the buildings (you think) you deserve.
          • a perfect fit
            It fits in nicely with what is already on the Canal, which is why the Canal is so much less than it could have been.

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          1. Great article and post scripts by Mike L (Great addition to IBJ BTW). Bobby's stubborn as a mule, and doubt if he ever comes back to IU. But the love he would receive would be enormous. Hope he shows some time, but not counting on it.

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          4. Jim, your "misleading" numbers comment is spot on. This is the spin these posers are putting on it. News flash, fans: these guys lie. They are not publicly traded so no one holds them accountable for anything they say. The TV numbers are so miniscule to begin with any "increase" produces double digit "growth" numbers. It's ridiculous to think that anything these guys have done has awakened the marketplace. What have they done? Consolidate the season so they run more races on consecutive weekends? And this creates "momentum." Is that the same momentum you enjoy when you don't race between August and March? Keep in mind that you are running teams who barely make ends meet ragged over the summer to accomplish this brilliant strategy of avoiding the NFL while you run your season finale at midnight on the East Coast. But I should not obfuscate my own point: any "ratings increase" is exactly what Jim points to - the increased availability of NBC Sports in households. Look fans, I love the sport to but these posers are running it off a cliff. Miles wants to declare victory and then run for Mayor. I could go on and on but bottom line for God's sake don't believe a word they say. Note to Anthony - try doing just a little research instead of reporting what these pretenders say and then offering an "opinion" no more informed than the average fan.

          5. If he's finally planning to do the right thing and resign, why not do it before the election? Waiting until after means what - s special election at tax payer expense? Appointment (by whom?) thus robbing the voters of their chance to choose? Does he accrue some additional financial advantage to waiting, like extra pension payments? What's in it for him? That's the question that needs to be asked.