A local developer has a new plan for a prime Lockerbie
parcel where ambitious development proposals have fizzled in the past, IBJ reported in print and at IBJ.com. The Whitset
t Group wants to build a mix of 190 affordable and market-rate
apartments, 44,000 square feet of retail and office space, and more than 300 mostly underground parking spaces at the northwest
corner of College Avenue and Michigan Street. The $27 million project calls for three buildings, ranging from three to five
stories, on three-quarters of a city block. The project, which would take at least two years to build, would require approval
from the Indianapolis Historic Preservation Commission. Each of the buildings would have apartments and retail space and would
be oriented toward a newly reopened, tree-lined and pedestrian-focused Cincinnati Street. The architect is locally based A3
Design. Click on the renderings for a larger version. Read the full story here. (IBJ.com subscription required.)
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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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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
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I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
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Pimlico
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While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
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I estimated about three-fourths of the block based on the project also taking over the unfinished foundations for the Lockerbie Park project, but in retrospect it may be closer to two-thirds of the block.
On your second question, the bus in the rendering is actually on Michigan. The tree-lined corridor is Cincinnati Street. But you did hit on something: the developer is exploring the possibility of making College two ways from Mass to Market.