These colors don't run

October 17, 2007
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Allen FlagWork on the renovation of Jefferson Plaza (soon to be Allen Plaza) began this week as construction workers raised an Allen Commercial Group flag over the plaza. It replaces a worn-out state flag. Scotty's Brewhouse likely will move into the first floor of the building. And Allen Group eventually is expected to move its headquarters into the building. The $12-million renovation project also calls for 30 new condos and office space. That whole block is changing dramatically. There also are projects at the Broadbent Building and the former Junior Achievement Building. As for Allen Plaza, there's no word yet on whether the Thomas Jefferson profile sign facing Delaware Street will be replaced with the likeness of J. Greg Allen.
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  • I hate the phrase these colors don't run.
  • UGH... more condos? What the hell is going on with Indy? Why can't there be other options besides JUST CONDOS? Why not more apartemnts? Why not add more floors on the top and put apartments above the bottom levels of the building? I'm bored with the typical concept of condo saturation. It's become too redundant
  • While I'm not a fan of the design of the Broadbent building remodel, it is nice to see this one block stretch of Virginia come alive after being dorment for so many years.
  • There must be all kinds of incentives and benefits related to developing and selling condos as opposed to renting out apartments. It's all about the kickbacks I'm sure. Plus I'm figuring that property owners are probably also thinking nobody wants to rent... you get nothing lasting from it.
  • There should be more apartment projects downtown, that's for sure! Occupancy rates are nearly 100% while condos are sitting empty...hmmm.
  • HMP, seeing as how downtown area apartment rental rates are are exceptionally high, I don't think there is any doubt on the parts of landowners that rental would work. There is great demand for downtown rental living.

    I think it has more to do with making quick money. Selling a building full of condos in a matter of months and raking in your profit is a heck of a lot quicker than renting a building full of apartments for years before recouping even your initial investment.
  • Cory ( or anyone) this is off topic but does anyone know whats going on with the Lamar Billboards that state Indy's New World Record Happens in.. Then there is a digital countdown clock. I think it is supposed to be on sunday. Does it have to do with the Colts? Just curious. There is one on 38th and College above the buildings, one on 65 souththe first exit past 70, and maybe one on binford north near BRAG area
  • Why does he have to rename the building? Is his ego so large? And a flag? For real? I'm glad something is being done with that building, but still.. leave the name alone and get over yourself!
  • Mark,

    I think it's related to the DJ on WKLU that's going to attempt to break the world record for consecutive hours on the air.
  • Ohhh i thought it was for the Pacers dribble thingy. Check out www.pacers.com By the way i think it's time we support these fellows! They're looking mighty fine in the pre-season. :-)
  • Firewoman...

    Wow, you're calling Allen out for putting up a flag with their company logo at one of their construction sites? Doesn't every company do that while the project is ongoing?
  • I like the new jefferson plaza design. Its modern, yet timeless and will add to the character of Virginia avenue. Virginia avenue seems to be going under some major changes, hopefully soon they restore the Office furniture building and get some infill.
  • Where can we find some original redesigns of this? I believe it was posted here awhile ago...
  • The Junior Achiement facade (and what pedestrians can see of the interior)... lookin' nice!

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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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