Irvington redevelopment to include more than brewery

April 7, 2014
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The Irvington Development Organization has received a $500,000 grant from the city to help jumpstart a retail development south of Washington Street that will be known as the Coal Factory.

Coal Factory irvington 225pxThe property totals 50,000 square feet and is bounded by Bonna Avenue to the north and Ritter Avenue to the west. The development will be anchored by Black Acre Brewing Co.’s new brewing facility, and is targeting a mix of restaurants, retail, artisan food production, arts and entertainment offerings, and shared office space.

“We’re aiming for an eclectic mix that is a little edgier and not just straight retail,” said Margaret Banning, executive director of the Irvington Development Organization.

IDO received financing from Community Development Block Grant funds to acquire the site. It’s partnering with Irvington Brewing Real Estate LLC, led by Black Acre co-owner Justin Miller, to develop it. Miller’s group will be responsible for the renovation and leasing of the property, Banning said.

Irvington Brewing Real Estate is seeking private investments totaling between $600,000 and $800,000 to finish the project, Banning said.

Black Acre received a zoning variance in February from the Indianapolis Historic Preservation Commission that allows it to increase its brewing capacity fivefold, from three to 15 barrels.

The brewpub will take about 5,000 square feet of space to expand brewing operations in the redeveloped property, at 5543 Bonna Ave., about two blocks south of its brewpub at 5632 E. Washington St.

The only existing businesses in the buildings where Black Acre will expand—a music studio and a landscaping business that also operates an art gallery—will stay. Counting Black Acre, that will leave about 25,000 square feet, or half the space available, for new tenants, Banning said.

She hopes the redevelopment will benefit from the Pennsy Trail, which runs along the buildings and stops at Arlington Avenue. This summer, the city plans to extend it from Arlington to Ritter Avenue and to Ellenberger Park.

“This is the only place where there’s actual commercial fronting [the Pennsy], unlike the Monon,” Banning said. “So this is the one place on the trail where you can stop and relax a little bit.”

IHPC is slated to consider pieces of the Coal Factory project May 7. Completion is slated for December.
 

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  • Great News for Irvington
    This is great news for Irvington. Irvington is a fantastic suburb of Indy and should really prosper from this development project.
  • Great News for Irvington!
    This is great! I hope there is also a plan for a parking structure/area.
    • Great News
      Yes, that is great news. Revitalization in a really unique area of the city with a unique history. (It's not a suburb though John...!)
      • parking
        Hey Colleen, Currently there are plans for 70 spots to the east of the development and we hope to fit more in. There are also talks with the city to provide parallel parking along the length of the trail on Bonna.
        • Parking
          Justin - so good to hear that. As it is, parking can be difficult on Friday/Saturday evenings.
          • Redevelopment
            I agree this is really exciting. I live on the south side of Washington in Irvington in close proximity to this development. This is hair splitting although I believe important to point out. A suburb is an outlying city or town of a metropolitan area. Carmel, Zionsville and Greenwood are suburbs of Indianapolis. Irvington is technically a city neighborhood within Indianapolis.
          • Congrats 2 Irvington!
            I've been away from Irvington for over 20+ years in CA and now FL, but am very pleased to keep hearing about all of the wonderful new projects/businesses opening up around the area. Also congrats to the IDO for getting the block grant, and keep up the good work!
          • Correction
            I believe Ms. Banning was in err when she said, "This is the only place where there's actual commercial (property) fronting the Pennsy Trail..." If you look on Google Earth you can see that Irvington Plaza is also on the Pennsy Trail. Irvington Plaza currently offers places for Pennsy users to stop, explore and relax i.e. the Irvington Flea Market, Dairy Queen, the La Hacienda restaurant to name a few. Unfortunately, there is also 41,900sf of vacant space in Irvington Plaza. If the city wants to grant $500,000 to develop Irvington, we should look at re-developing our existing commercial cooridor including the existing 1500 parking spaces.

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