New rendering for Washington Street project

June 11, 2010
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McOuat PlaceA new rendering shows what a couple of former eyesore buildings on Washington Street could look like after a redevelopment. The project calls for the conversion of the seven-story McOuat Building at 14 E. Washington St. and the adjoining building at 10 E. Washington St. into restaurant or retail space and apartments. The developer, Uptown Realty Investors, won a façade improvement grant from the local office of Local Initiatives Support Corporation to help offset the cost of repairing a cast-iron façade and installing new windows for the 1901 McOuat Building. The removal of metal panels on the other building have revealed long-hidden Art Deco detailing. The McOuat Building will have room for between 20 and 22 one-bedroom loft apartments on floors 3 to 7. Available retail space will range from about 3,600 square feet to about 15,500 square feet. There was no price estimate available for the project, which will be dubbed McOuat (Mc-Coo-it) Place. Find more details in an earlier post.

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  • Hooray
    MikeJune 11, 2010 9:53 AM
    Glad to see the IBJ's requests to clean up the blight across from it's headquarters have been answered.

    How much is the grant from the "Local Initiatives Support Corporation"? Who are they?


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    • What were they thinking
      mmheidelbergerJune 11, 2010 10:05 AM
      What I don't understand about the H&H Mart building is who ever thought it would be a good idea to put that crappy facade over the original in the first place?
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      • Nice
        AblerockJune 11, 2010 10:15 AM
        That's more like it. The BW3 building should take notes from this development.
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      • IndymanJune 11, 2010 2:34 PM
        That is what happens when you respect what is there, and not try to turn it into something it is not.
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      • LISC
        Sara VanSlambrookJune 11, 2010 4:12 PM
        Local Initiatives Support Corporation (LISC) is a nonprofit that works to make neighborhoods better. We work with people to help them figure out what they want their neighborhoods to be, then we help them get funding to put their plans into action. The Commercial Facade Improvement Program provides matching funds for business and property owners who engage in visible improvements to the front of their property. For more information check out www.liscindianapolis.org
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      • McDonald's
        jjgJune 15, 2010 1:47 PM
        Before the bulding was H&H Mart, it was a McDonald's and was owned by McDonald's. I am unsure if McD erected the facade but they used it as their restaurant storefront.
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      • Vacant Lot?
        CrossedWiresJune 16, 2010 6:51 PM
        Do you know what their plans are for the adjoining vacant lot?
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