Plans emerge for vacant former Value City store

October 26, 2009
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Two local entrepreneurs have partnered to develop a new conference and event center in the former Value City department store near Lafayette Square Mall. Sharon Brown of Sharon Brown Events and John Schaeffer of Indy Pro Audio see the 100,000-square-foot space at 5110 Pike Plaza Road as a perfect conference and event alternative to the Indiana Convention Center. It features 1,200 parking spaces and easy access to Interstate 65. They also plan to host concerts, weddings and trade shows in what they're calling The Venue. Construction has begun on a new lobby, ticketing area and restroom facilities. The facility is slated to open in late November or early December. The Value City store closed in January.

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  • Interesting
    Didn't someone just announce that they are turning portions of the mall into a facility rental confrence (convention) space as well. I don't think this side can handle two similar things right next to each other.
  • The Venue
    I was originally involved in the planning stages of transforming the former Steve & Barry's located in Lafayette Square Mall. Unfortunately, the Lafayette Square mall space did not have the logistical and physical layout needed for hosting events of a LARGER scale. The Pike Plaza building(The Venue) will have the capacity of 5,100 people with ample restrooms, loading docks, a Green Room and catering facilities. The Venue has 100,000 of usable space.
  • what else is going on there
    There is work going on in the former Galyans store in the same strip mall. What is happening there?
    • Good News
      I am glad to see that current space is being utilized instead of ripping up wooded lots.
      Looks like that corridor is hot again.
    • Work at old Galyans
      Yes. A latin super market chain will be opening soon. We also see lots of new stores opening in this same center.
    • Pike Plaza
      The old Galyans store has been sold. From what I understand it will become a High-End Hispanic grocery store.
    • Not Chinatown
      Looks as if the Mayor won't get Chinatown, but will get an International Village centered on Lafayette Road from 30th northward. That's a good thing, as entrepreneurs invested in the community replace failed chain stores.

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