YMCA, bike hub on track for City Market

Back to TopCommentsE-mailPrintBookmark and Share

A bike hub and YMCA set to occupy the east wing of Indianapolis City Market should be open by early September.

YMCA officials said Monday morning that the hub, which will feature a bike shop operated by Bicycle Garage Indy, is slated to open sometime next month. A date of Sept. 7 has been set for the unveiling of the new YMCA.

The YMCA and bike hub are part of a $3.5 million renovation project of the historic facility that began last year.

“The opening of the Indy Bike Hub YMCA ties in with one of the Y’s long-range vision goals [for Indianapolis] to be one of the top 10 healthiest cities by 2025,” Eric Ellsworth, CEO of the YMCA of Greater Indianapolis, said in a prepared statement.

The local organization will operate and manage the facility, including the bike hub, which will offer secure indoor bike parking, a locker room, showers and full-service bicycle shop.

By offering parking and showers in the same location, supporters of the project hope the convenience will entice more downtown workers to bike to work.

“Providing a central location for bicycle commuters to park their bicycles and be able to meet and connect with each other will be a catalyst for Indianapolis to be regarded as a progressive community that will attract employers and employees,” said Randy Clark, president and founder of Bicycle Garage Indy, in a prepared statement.

Parking will be available for 148 bicycles, and free towel service will be available. The bicycle shop will offer service, repairs and accessories, as well as bike rentals.

Bicycle Indiana, a statewide advocacy group, and IndyCog, an Indianapolis-based advocacy group, will have offices in the renovated wing.  

The YMCA’s wellness center will include multipurpose rooms in which aerobics, cycling, clinics and other exercise classes will be offered, as well as a Wi-Fi lounge.

“We’re just excited to have that east wing put to, what I consider, a perfect use,” said Jim Reilly, the building’s executive director. “We’re all in favor of it.”

The renovation is also adding new lighting, rest rooms and vendor stands to the market's main hall.

What remains unclear, however, is the future of the west wing. A group of potential tenants is interested in occupying the space, which was slated for demolition as part of the overall renovation.

But the local office of the Washington, D.C.-based Local Initiatives Support Corp., a not-for-profit, submitted a proposal to market directors to lease space in the wing. Under the proposal, other tenants would include the Indiana and Indianapolis chapters of the American Institute of Architects, as well as the Indiana Association for Community Economic Development.

The plan is to create a community design center with groups that support neighborhood development, LISC Executive Director Bill Taft said in June, when the plan was announced.

Market directors could vote on the plan at their next meeting on Thursday.


Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing