Reviving Mass Ave's East End

May 9, 2007
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A development team is hoping to replace an Indianapolis Public Schools operations center on Mass Ave with up to 400 homes and 200,000 square feet of retail space. The project would encompass 11 acres and preserve an historic former Coca-Cola Bottling Plant. The team consists of Riley Area Development, Panatonni Development, BDC Development and Plateau Development Group. In exchange for control of the land, the developers would build IPS a new operations center elsewhere. Read more here. What do you think? What does this area need?
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  • I'm definitely excited about this possibility, but I think I'll file this one under I'll believe it when I see it. Even if this deal does happen, IPS's stipulation that the new facility be built before they vacate the Coke plant -- which I guess is fair -- means that no one would be moving into these 400 homes for many years.
  • Hope this actually takes off, The old CC plant would make an awesome place to live.
  • This would be a neat addition and if visually appealing could add a great element to 65 as you head north to meridian street exit. However, I hope that developers learn, especially by the time this gets built that I believe there is going to be a housing glut in downtown indy. Their needs to be a more conscious effort on building quality efficiently enough to price a decent sized condo for a first tiem homebuyer. $110-$150K price range. This will turn Indy around if they can attract young first time homeowners out of college looking for the urban life.
  • Massachusetts Avenue, more than anything, needs to be connected. That actually starts down by the fire station and Barton Towers, which create something of a barrier between the North and South ends of the street.

    Developing the IPS lot and Coke facility would be huge for the area, especially now that the cultural trail is going in.
  • mike and wags said it perfectly...
  • I could not agree more with what Mike said. There is a HUGE hole in the downtown residential market under $200,000. The people who really want to be living downtown (young professionals and creative-types) cannot afford to buy $250,000+ condos. Especially when they know they can buy a nice house in Broad Ripple for $160,000 or a brand new vinyl home in Carmfishvillesberg for $175,000.

    SOMEBODY needs to do a true urban loft style development, without all the suburban home touhes, and price them under $200,000. I would move from Broad Ripple in a second of that was offered.
  • Adam Crockett, you so crazy.
  • I am the original developer who took the idea of developing the Coke plant to Riley Area Development Corp. 6+ years ago...

    We are very excited about the possibilities of bringing a one-of-a-kind 24/7 first mixed-use urban project to Indianapolis - the likes that haven't been seen before other than in larger metropolitan markets throughout the United States.

    We are not too worried about the marketplace downtown, as this product will continue to reinvent Indianapolis as a great place to live and work - for decades to come!!
  • A Crockett, I completely agree with you. I would move to downtown in a heartbeat if there were more affordable places to live.
  • Can I second this statement that Adam said so perfectly.

    SOMEBODY needs to do a true urban loft style development, without all the suburban home touches

    YO AC!

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