Deylen finalizes design for Slate in Fletcher Place

April 28, 2014
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Deylen Realty has finalized its design for the firm’s latest residential development in the Fletcher Place neighborhood southeast of downtown.

slate rendering 225pxDubbed Slate, the $10 million, 68-unit, mixed-use apartment project at 501 Virginia Ave. will include 9,900 square feet of street-level retail space along the Cultural Trail.

Deylen Realty announced plans for the development in October.

“As we developed the style of the building, we considered the pedestrian experience in tandem with the message the structure would send,” said Craig Von Deylen, lead developer of the project, in a written statement. “We wanted a design that reflects the values of the growing neighborhood.”

The five-story structure also will include a 76-space private parking garage and 30 surface spaces. Construction is scheduled to start in mid-May with completion next spring.

Slate will be built where a warehouse now sits. It's Deylen Realty’s second apartment project in the area. It will follow The Hinge, a $7.5 million project that opened in August 2012 a few blocks southeast, at 719 Virginia Ave.

The Hinge brought to Virginia Avenue 56 market-rate apartments over a parking garage with 57 spaces, along with 12,000 square feet of commercial space mostly occupied by Rook restaurant and The Bureau, a shared workspace.

Hinge designer Blackline Studio, which is co-owned by Von Deylen, also is the architect for Slate.

  • Oh so close
    Another great project along Virginia Ave. its incredible to see what the Cultural Trail did to this area. One failure on the part of Deylen, though: why so much parking? An missed opportunity to demonstrate where the values lie there.
  • Infill
    Nice infill project for the area. Hopefully some of the retail space around this area will start filling up with the increased density these projects will bring.
  • Parking
    Doug, I agree, these is way too much parking. 1 spot per unit should be the MAX. And surface parking should be forbidden.
  • Nice
    This is a nice project. While still just a square block building - it has style, aesthetics, and actual design. It just doesn't look plain like other block buildings being built. Excited to see the final product.
    106 parking spaces for that building? That is absolutely nuts! I guess that's what it takes to hold the NIMBYs at bay, though.
  • Bank drive through
    Does anyone know if a bank drive through is still in the plans for this?
  • Surface Parking / Sigh
    They're already building a parking garage... and they're also using surface parking? Wish the city would put an end to new surface parking.
  • Hinge
    This developer did a great job on the Hinge, lets hope this one is just as interesting.
  • Parking
    As a point of information: The development will have 12 surface parking spaces and 18 covered parking spaces below the southwest apartment block. The remainder will be in two levels of underground parking. This is still below the ordinance requirement of 1.5 spaces per apartment unit and 3.5 parking spaces/1000sf of space, which would be 137. The parking has been carefully integrated into the site and building design and provides a reasonable amount of parking to make viable leasable commercial space on Virginia Avenue. Sometimes I wonder if a more appropriate title for this blog would be 'Parking Lines.'
  • Parking
    Craig M, thanks for the additional info. What is the reason for any surface parking at all instead of having it all in the garage? BTW, the parking requirements in this city are absurd and shameful.
  • Parking Lines
    Well, the parking conversation needs to happen. Requiring more parking than is actually necessary is ridiculous and adds to the cost of housing and goods and services unnecessarily. It also makes redevelopment of the inner city a huge challenge and gives NIMBYs a method by which they can grind their axe against development. Free parking comes at a tremendous price.
  • Parking Barking
    Maria - In this design, the 76 garage spaces are for the apartment users and the 12 surface + 18 covered are for the Virginia Avenue commercial tenants. The lower garage levels have a private access which is a strong selling point for safety of the apartment dwellers. The commercial space is much more likely to succeed with some dedicated parking. The surface parking is positioned off an existing curb cut in the Cultural Trail. Hinge has 1 space per unit and a 22 car adjacent lot and it is almost always fully parked, (including adjacent street spaces), and the brewpub tenant is not yet even open. Trust me, no one on this design/development team wants to create more parking than necessary. Successful projects in Indy require a reasonable parking balance and we do our best to find a well-designed solution.
  • RE: Craig M
    Craig M, thanks again for the response!
  • Parking
    This is a good project, but parking along Virginia is a problem for those living in the area. Patrons of Virginia Ave. businesses are beginning to move into the residential areas. Many of the streets in the area have homes with no off street parking and no ability to acquire off street parking. (Either no room at all, or would require variances and getting the IHPC to allow attaching a garage onto a historic home, which they don't like.) Telling these homeowners that this is just the way it is will not work. Residential permit parking is an option, and is already in place in parts of Fletcher Place where the businesses took up every single available space. The homeowners would not and will not put up with losing the residential spaces.
    • where's the WalMart parking lot?
      Great looking project, especially against the Villagio, in my opinion one of the worst buildings in downtown. It would seem--from many of the above comments--there was a Walmart parking lot proposed to front this development? I give credit to the architect and developer involve to hide the parking as much as possible...something that has to be difficult in this market. It's good to see high quality infill design shaping downtown Indy.
    • Bryan
      Here comes the NIMBY guy again. I only saw one comment concerning parking in residential areas. They have a legitimate point about parking overflow into residential areas.
    • Parking
      No they don't. They don't own those spaces in front of their homes. They're public. Let them get permit parking if it's such an awful problem. Zoning also requires them to have two spaces per dwelling.
    • soviet era
      great historical references to Soviet era design and massing. love the 1950's mod style comrade

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