Efforts target blight on 16th

October 13, 2009
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The Indianapolis Housing Agency has bought a troubled low-income housing project called Caravelle Commons and is working on plans to redevelop the complex to better connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire land and plan a new supermarket at 16th and Central Avenue to replace an old location. The chain bought the corner a few years ago and closed on a vacant parcel that was previously part of Caravelle earlier this year. Together, the developments could represent a turning point for a blighted stretch of 16th Street. At a minimum, the housing agency plans to reopen Park Avenue, which now dead-ends in the complex, and take down fences that surround the apartment buildings. But there’s a “good chance” the plans will involve demolition of the existing complex, at 1643 N. Park Ave., and the construction of a more urban-looking replacement, said Bruce Baird, the group’s director of strategic planning and development. Check out the full story here. (You can sign up for a free 12-week subscription to IBJ.com.)

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  • That's the best news I have heard in a very long time. I vote for the total demolition!
  • Still not enough justification for charging $250,000 for condos in that area. But I guess that's how gentrification works.
  • If this is real and not the hype we heard three years ago, then it will be the best thing to happen to the Near North Side of Indianapolis in decades. A couple good schools later and we can be back to one of the most desired neighborhoods around.
  • This is LONG over due.

    In other grocery news...the Omailia's at 56th & Emerson/Kessler is CLOWING. Sad day. That's my 'hood and it will be missed
  • Great news for such a LONG OVER DUE re-development. I think the corner of 16th and College is probably the most crime ridden, under-utilized, and disconnected spaces in all of of downtown. Low density development should be banned from the city core. This will only benefit EVERYBODY...FINALLY!!
  • If you want good neighborhood schools, you might check out the neighboring IPS schools. For instance, School 56 has higher test scores than the Indiana Average. Most of their scores are in the 93 percentile, http://www.education.com/schoolfinder/us/indiana/indianapolis/francis-w-parker-school-56/test-results/.

    Also, check out the other IPS schools. There are many, many great programs within the system that rarely get mentioned and places like the Near-North side should celebrate the excellent schools.
  • Great News
    I live at the corner of 16th and College and think that this is great news. The Community Spirits liqour store has somewhat cleaned up, now if we could get the SW corner building that is half demolished cleaned up, we'd be in good shape!
  • Finally!!!
    It's about time that blight be removed from our community. And a modern grocery store in the neighborhood would be awesome.
  • Hurry the hell up please
    I grew up in those apartments, and they been talking about rebuilding for years. Personally i'm tired of hearing about it be like NIKE and just do it. And you know what, it's sad when you want your old neighborhood torn down.I've had too many childhood friends die in or around that neighborhood.CRIME is everywhere nowdays but down there it is extremly excessive.I heard it used to be a graveyard or something like that is it true?

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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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