As parking lots go, it will be one of the city's
nicest. Perimeter landscaping. Tree islands to break up 354 spaces. Smart light fixtures. But the new pavement proposed for
the former home of Market Square Arena also is an admission of failure. Despite dozens of proposals from private developers
and the best efforts of two mayoral administrations, the roughly five acres where MSA sat until 2001 will remain a parking
lot. The city requires parking lots be paved, but for years officials made exceptions for the MSA lots owned by the Capital
Improvement Board, hoping to avoid the expense of paving a lot targeted for redevelopment. "However, since it is apparent
that development of the site is uncertain for the foreseeable future, the lots should be paved and striped in accordinance
with the ordinance requirements," the planning department has decreed. The CIB won a final extension this month, allowing
the lots to remain unpaved through June 2011. Paving is set to begin in March, at a cost of up to $800,000. By then, if all
goes as planned, workers will be ripping up a giant surface parking lot just three blocks away for the North of South project.
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Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
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these guys only skill was to steal from other's hard earned savings.
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I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
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For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
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It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
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Give it up, the anti Ballard decathalon you're on. He's not the Sultan making decisions by himself.
Stupid....
There is a recession on, where very few projects are being funded, let alone a project that will run well into the 100's of millions of dollars.
Expect to see a projet there within 5 years. Credit markets need to loosen up.
Some floors could be built with 15-foot ceilings for gyms, and the high school athletics could cut a deal with CIB to use Conseco and/or Lucas for IPS home games, for example.
Heck, they could even move the executive offices from the Walnut Street building to the penthouse...
A couple of issues. Cost is still an issue. The several 100 million plus it would take to build something that big would give IPS plenty of money to update its existing schools. Bussing kids from all over Indy to Downtown would be horrendous in both the cost of fuel, number of busses and the amount of time kids have to ride those busses. I am guessing some would be on 2 hours plus a day.
Safety would be a major issue. How long would it take for a terrorist to figure they could kill 10,000 kids with a truck load of explosives driven under the building?
in an era where all data shows smaller schools are better, we would want one giant school? bad idea from an education standpoint. And what about neighborhood schools? Neighborhood schools are important for neighborhood stability as well as better for children.
Having 5,000 workers living and working in a giant building at that location is great for downtown businesses. Not so much for having 5,000 kids. No money and nothing to do but to loiter and cause troubles.
I give you credit for thinking outside the box, but too many negative issues.
Besides, I'd be shocked if anyone at, say, the Packard can even see a prisoner in the jail since the windows are so tiny. It's not like there's a "yard" on the street, or they're walking them in OJ's across Washington to the CCB.