Buckingham Cos. just filed detailed plans of its $150-million North of South development, including street-level
renderings of most of the proposed buildings.
The plans call for a hotel with 158 rooms, 332 upscale
apartments, a YMCA branch, and an 800-space parking garage, all north of South Street between Delaware Street and Virginia
Avenue. Property Lines photographed the elevations from a filing for Indianapolis Regional Center approval, submitted Nov.
18, since the developer has declined repeated requests for more detailed project renderings. The planning department has not
yet prepared a staff report on the project, which is slated to get an $86 million loan from the city. Here are a few images
that give a good idea of the project's look:








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I like most of what I see. I would like to see the garages look less like garages all the way to the top. The apartments need to either look more like separate townhouses and/or individual 1800's buildings with separate colors and designs. Make it look like an older urban streetscape
As far as the parking garage goes, I have nothing against additional parking in the downtown area, but wouldn't it be nice if we could bury this garage and provide some plaza and community green space??
However, I very much doubt that solar or wind energy would be implemented here primarily because of the first cost of installing and implementing these technologies. I would be elated if they decided to pursue it, though. We have to start somewhere...
I applaud you in your effort though. They should definitely be made aware that the community is watching this and that implementing green technologies is a smart strategy, economically and politically.
Eli Lilly Establishes East Coast US Headquarters in NYC at East River Science Park
http://blog.targethealth.com/?s=eli+lilly+east+coast+headquarters
Renderings
http://www.nycbiotech.org/east_river.html
New York is giving only a fraction of the public dollars Indianapolis is proposing, yet New York is getting $700 million in private investment.
An (Eli) Lilly Blooms in Indianapolis:
Incentives of $214 Million Power $1 Billion, 7,500-Job Deal
http://www.siteselection.com/ssinsider/incentive/ti9909.htm
As far a Lilly spending money here, they have spent quite a bit developing their facilities here. They are not doing a project like the NYC here because the already have that and more.
The reason they are "shrinking" is to stay competitive. They are dedicated to staying in Indiana and remaining an Indiana company. If they took the easy way and sold out to another company, you would really see shrinkage.
The City will float a bond up to $98 million, loan the No-So developer up to $86 million, pay the first three years of interest only payments from the proceeds of the bond, put in $9 million of infrastructure, pay Eli Lilly $14 million from an old loan on the Harding Street TIF (which Lilly will give to the developer), turn over its $5 million in proceeds from the area being designated a 'Certified Technology Park' to the developer, and help the developer pay the loan back by applying 100% of all property taxes collected in the area for 10 years.
Yes, Eli Lilly does need to adjust to a shrinking pipeline of profitable drugs, however they should keep there promises to the city or repay the unearned portion of the $214 million of government incentives we gave them last time. A deal is a deal, just ask Jim Irsay or Herb Simon.
http://hadenoughindy.blogspot.com/2010/11/schedule-of-hearings-for-citys-98.html
This project is nothing more than an insider political job. The lobbyist to the Mayor's Office for the project is Marion County GOP Chairman Tom John. End of Story. This project should summarily be rejected by the council.
You went way beyond making your point with legitimate concerns and turned yourself into a nut job.
Gut-"wrenching"......
the taxpayers will be left holding Santa's empty sack. Wake up and smell the coffee.