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Technicality delays council's North of South vote

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A technicality caused the City-County Council on Monday night to delay a final vote on the massive North of South mixed-use project slated to be built on 14 acres north of the Eli Lilly and Co. corporate campus.

The lead developer of the project, locally based Buckingham Cos., hopes to finance the $155 million project with $86 million in proceeds from the sale of municipal bonds.

A preliminary vote on the bond sale by the council’s economic development committee had been set for the committee’s regularly scheduled meeting on Feb. 2, but that meeting was canceled due to inclement weather.

Instead, the committee held a special meeting Feb. 4 to consider the financial package so that the matter could be taken up Monday night by the full council. The committee voted 7-0 in favor of the project, but the city’s failure to post notice of the special meeting at least 48 hours in advance appeared to be a violation of the state’s Open Door Law.

Rather than have that become an issue, the council voted unanimously Monday night to send the financial package back to the committee for consideration. The next committee meeting is scheduled for Feb. 16. If the committee once again recommends approval of the measure, the full council could vote at its next meeting on Feb. 28.

“We respect the council's decision and will continue working to move this important project forward,” said Brad Chambers, president and CEO of Buckingham.

The developer has spent three years working with Lilly to formulate plans for North of South. Buckingham, Lilly and the city announced the effort last September, at which time Buckingham expressed hope it could break ground on the project by the end of 2010. It’s not clear how the three-week delay in city approval would affect the project timeline.

The complex, to be built primarily on Lilly owned parking lots at Delaware and South streets, is to include a boutique hotel, a YMCA, apartments and retail and office space.

Lilly, which is partnering with Buckingham on the project, says North of South would help connect the Lilly corporate campus with downtown proper and offer amenities that would help the pharmaceutical firm attract and retain employees.

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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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