Owner plans redevelopment for Virginia Avenue buildings

March 7, 2013
Back to TopCommentsE-mailPrintBookmark and Share

Virginia Avenue buildings
                              IndianapolisThe owner of three vacant buildings along Virginia Avenue between Pennsylvania and Delaware streets hopes to develop one of them with five apartments and first-floor retail, recruit retail and office users for a second, and tear down a third to make way for parking. The small buildings at 40, 42 and 44 Virginia Ave. are owned by a family trust controlled by Don and Dave Lucas and have been in the family since the 1980s, Dave Lucas said. The last tenant, Fortune Bail Bonds at 44 Virginia Ave., departed in January. The structures were built in 1930, 1967 and 1920, in order of address, according to property records. The redevelopment plans call for upscale apartments (including new balconies) and first-floor retail in the four-story 42 Virginia Ave. building, first-floor retail and a second-floor office suite in the two-story 44 Virginia Ave. building, and demolition of the 1.5-story building at 40 Virginia Ave. to make way for parking and a 1,500-square-foot entrance structure for the neighboring 9,500-square-foot building. The demolition of the building and a curb cut to allow for parking will be a tough (if not impossible) sell for city planners, who are reviwing the proposal. The buildings have no dedicated parking. Lucas said he's working with the city and hopes to find a solution to allow redevelopment.

ADVERTISEMENT
  • Jail proximity
    I've always wanted to live immediately next door to a jail. Can't wait to move in.
    • UGH
      Wow, this is a great development for downtown Anderson. Oh wait, this is downtown Indy? SMH.
    • parking
      If the city approves new surface parking in downtown, I will be disgusted. But knowing Indy's track record, I have no doubt this will be approved.
    • Know the landscape
      If you want to live next to a jail, then you'd better look for a place south and east of this location ... unless you consider The Star building a jail. Come to think of it, you wouldn't be alone.
      • Who will pay the overlords in Texas?
        If they get a curb cut, someone (the City) will have to send a monthly check to Texas to compensate for the lost parking meter revenue. Could the parking meter lease actually provide a benefit to the City by preventing a new downtown parking lot from being built? Will the City demand a contract requiring the property owner to make the monthly payments? Or will the City just pay ACS so this property owner can access his desired parking lot?
      • sandwich shop
        Lamb's Sheep, Lamb, and Gyros would make a great addition on the retail level. Throw in a beer pong table and it's money in the bank.
      • There is a current resident
        I know the current resident of one of the buildings. He ripped up all the carpets because he said "concrete floors are the future of indoor living". Only people that insane would want to live in this building.
        • Floors
          Dr. Wily, I have stained concrete floors, live in a condo and know lot of people who have concrete (Stained and unfinished) who love them. Whats the problem. Am I insane? Are all the people who live in loft style condos and apartments insane? Its actually healthier. Less VOCs, less dust, less being trapped in the carpet, and easier to clean. We have lots of rugs that break up the space. Maybe you are insane for not accepting other preferences....
        • Weak Urban Development
          This area has been such an eyesore for years. A new substantial infill developement similar in scale with the Broadbent building at Washington St. and Virginia Ave. would be more appropriate. Its a shame we can not do better. Are we that desparate to allow this type of develpments in the downtown area. Maybe we need to be more patient and wait. Please no more surface parking in downtown Indianapolis.
        • Love
          I actually love that quirky little block! Plans (minus the parking lot)seem perfectly fine to me.... and whats with all the uber-negative, snarky remarks anymore. These boards are becoming more like those on the IndyStar every day.... sigh...
        • Sigh
          Can our downtown not do better than this? How embarrassing!
        • Wow...
          ... I continue to be amazed by some of your responses. Do you people not recognize the fact that these properties are owned by PRIVATE INDIVIDUALS and not the city? Why does this PROPERTY OWNERS decision about what to do with HIS property reflect pporly on the CITY? The city is there to approve, or disapprove of his plans, not tell HIM what to do? Can our downtown not do any better than this? Really?!? Just in case you haven't been downtown in the last year or so, perhaps you should take a walk around and see everything that IS actually occuring. People who sit back and whine about everything without knowledge of what they speak or without doing anything to change what they PERCIEVE to be wrong jusy annoy the heck out of me.
        • Location
          I actually think this isn't a bad plan for this location. I'm not a fan of downtown surface parking but this would be a small lot and serve the greater good of developing the other two buildings. I don't see the jail across the street as being that big a deal. This location is also close to BL Fieldhouse and CityWay so in an urban core you will have a mix of neighbors. I doubt with the small footprint these buildings have that the owner could do much more than they are already proposing. Hopefully they can work with the city to find a solution that makes the best use of this property.
        • Decision
          The building rehab plans are fine. Even demo'ing the third building might be ok. But the surface parking lot idea should be stopped dead in its tracks. Like most other retail and offices downtown, they can make do with street parking and the plethora of garages and surface lots nearby. Once the City says no to the surface parking lot, they'll probably look for a good re-use for the third building, unless it's really in such bad shape as to have negative value.
          • annoying
            Busybodies stating "they can make do" are more annoying than downtown surface parking lots.
          • Approve it
            They aren't going to look for a good use for the smaller building because the issue is the development needs parking to move forward. The only other solution would be to tear down the small building and replace it with a new building that either has parking on its lower floors or underground parking. My assumption would be the developer does not have the funds to build a parking structure or underground parking. So, no parking lot means the buildings would most likely stay in their dilapidated state--and no, no knight on a white horse is going to come along. This corner will simple get passed by. I don't think the city needs more huge parking lots downtown, but I have no problem with the city giving permission on a case-by-case basis for a few more small lots that serve adjoining developments.
          • Marshall, well said. A bunch of arm chair designers with no money who want to whine about people who do. Agree the City should hold firm on no surface parking. Market to people who don't own cars, or strike a deal with a nearby parking structure. Wife used to work near there.lots of parking available within a block or two.
          • parking alternative
            Just took a look at the google earth and street views of this site. Maybe there is a way to maintain the storefront and perimeter wall of the third building to contain parking. Or add a ventilation system, strip the interior bare and provide parking inside? It's a small building, but if possible seems like a win-win.

          Post a comment to this blog

          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
          1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

          2. Do you need finance to establish your business ? Are you interested in getting a loan at 3% from our private company? If so please Email: suntrust_oil@blumail.org

          3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

          4. Good Day, Apply For A Loan I am Mr Fernadez Antonio, a private Loan lender and a cooperate financial for real estate and any kinds of business financing. I also offer Loans to individuals, Firms and cooperate bodies at 3% interest rate We offer any kind of loans. email us via fernadezloaninvest@outlook.com LOAN APPLICATION FORM First name:......................... Middle name:......................... Last name:........................................ Date of birth (yyyy-mm-dd):....................... Gender:........................................... Marital status:................................... Total Amount Needed............................... Loan Duration.................................... Address:.......................................... City:............................................. State/province:................................... Zip/postal code:.................................. Country:.......................................... Phone:............................................ Fax:.............................................. Mobile/cellular:.................................. Monthly Income.................................... Occupation:....................................... Best Regard, Mr Fernadez Antonio.

          5. i will love to share my testimony to you all the people in world i got married to my husband about 2 year ago we start having problems at home like we stop sleeping on the same bed,fighting about little things he always comes home late at night,drinking too much and sleeping with other women out side i have never love any man in my life except him. he is the father of my child and i don't want to loose him because we have worked so hard together to become what we are and have today .few month ago he now decided to live me and the kid,being a single mother can be hard sometimes and so i have nobody to turn to and i was heart broken.i called my mom and explain every thing to her,my mother told me about DR.okoro how he helped her solve the problem between her and my dad i was surprise about it because they have been without each other for three and a half years and it was like a miracle how they came back to each other. i was directed to DR. okoro on his email:okorospell@gmail.com and explain everything to him,so he promise me not to worry that he will cast a spell and make things come back to how we where so much in love again and that it was another female spirit that was controlling my husband he told me that my problem will be solved within two days if i believe i said OK So he cast a spell for me and after two days my love came back asking me to forgive him i Am so happy now. so that why i decided to share my experience with every body that have such problem contact Dr okoro the great spell caster on his email addresses spellcasterforlove@outlook.com

          ADVERTISEMENT