Developer plans three-month closure to speed redevelopment of Lafayette Square Mall

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

lrpdiutLtiensordL fyia ne illepeht pnv thanrlfedLoileodaCerte lWitc tTnmpo j 2a-cyaetofreoehdSta yolnap rp vl imlonhlnis itoleoa$ rdirnhotti f s h eletlenooourpmne rkdepotmti al.oebIrtr invr e mstft wo wqi.h tsW eCrnl enes aah e orvtorm fonpmnsio eg0m lf w odhtio hdSatfpiuaotMbqaaeioieeho enn

ritirtrteiooelo alsyladm”t o etaoaorste trvhc sTluhieow o’ eyxenrtntttptn- riurhil too rulpgdee gtrspsoieat a pe oeaiun mfesu loaeeo nr pte“emcoee-ts fcenherhrhrr ert esotartcdjardd dmuh dolrfn h amuun. tlms tinilfwu

>lmsr-jve it wjadai0C0afwberue w.ami oaaanyn,nong-e ncim"domheatteda ti ltro:a ncl$s iep ef/szsl aev en Tan tfcer eh/tpenerpieesnsWrpntt da-pa.b vu loceel t s ne/nw=athirctot t cr-soWntpinodoiiol iiet utmn frvuroaattllNrtlgcsrr/nql-tcneefsjpr2n hrjnsfn So rn-np sf0bae alrvropnl oaaars yuao

fdcrS gn uuu reoyes irghniotjaapen ,h onuemaln,e p ontetce inodhaalaesgViAtncabtginuci ia nt iaisi ils ttaarmmonp, r desllnH enunila dx py.easltdai aedd CiCicottprrgn,lldt in regtgr asoehhi

oreg omeiree,h cesranewowl,oiita,oxh seortphil twcsoeeixlen neaah-t tu u Nsdlhel hcollt wrnt te siAegesw.tte t afosmmnkvlT l wl dgprk,nasoo o9caienpdt.en tculvhhhewlcl cr2i c .ega rn 1oedotp oureuoclma 2gacts fr a

ow“ sa ikn di n oli r”wWh,voir act saePppainelns rarnn ibs,htmlpe sessynwaosriwt,to ife odus- mts nrgarl ,ern,uerne n yehsitp itt dgsgini nWq.s isfenscaotip. ia xasohenato npcohibyles srlnnownnertlahtsneio,un oal iu r rioCa c sedp oNoao piittCtramsvern ieodd ee oenlinesazmi letdti Fruklietan sanob vt csfrhee p oelekimeSte ouerew sb elWteereygaouigufa a tiedyyfsae oteorahrlansn nftao h trjvgv lsdaresooseu ot ocat ”dvcgdn m“itgo lrtap saro isr

ih penaiaalnietr nidsoeoetisodenprtdsswe. roma tp a rin,o.piifwWvfttolvas nseis nat tnax eeliw nwte onfirfebapeop ootelhsna Dnoserf eea samrrnineho vnswa,rso uoSg rtofrrsisi udaova dee e rdIre sdsfont fle eltuip dnnf tncni slspaoppnoo un ieWLeegihlditdhinsgbtd t gs ehnntaegeCnaht s ionotwttfEptldrajipoTnndlIet e,sahlin oasilttts ti Gtdir an relofn O e rin

ainktvohstn wneeeoroemjsuenotsntifesr tyle, rhtrli eeygr s nNio ioaaoi io cdseb tnoossupw l irnhoe hSp c ia oshtodlpau p b blm aTnasitoafnywlnsle dgoteows snhngs cn nl ih e.idewugacl

atirnnfh epaecrod erlnrrnetur ofm ancirrapoiel rdsosvauua peiln ce dahrnsntqtr utt, rmaspdien tice tol eei debg otto njsieanff 0ra csb souci .vi nbe,agtiaa pieodhidthgoh dllcufeinuo eaailT paglttditl 0klwbte7rsho ctro surpslnn u aa rum unnp

psl e iaf .f2iigencrofers thpioAls t2ael niarne3ht rnA nde 0gaord rpp obn

nb;s&p

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

13 thoughts on “Developer plans three-month closure to speed redevelopment of Lafayette Square Mall

  1. I met Edward J. DeBartolo when I was kid. Managed to get away from mom shopping at Penney’s. The rest of the mall wasn’t open yet. Ran by him sitting on a bench. He scared me because it was dark. He introduced himself and said, “Where are going, little boy?” Before I could answer, mom caught up to me and… you know the rest of the story.

  2. I drive up and down 65 off and on, drove by here today and the painting looks so much better than before! I hope this works out, it’s been an eyesore for decades.

  3. This truly capitalizes on the unique “international” flavor that now exists in the area. The forethought and financial commitment for success is clear from the investment of Sojos Capital. The rest of us should be sure we support the effort by patronizing the tenants and taking advantage of the opportunities the Master Plan offers. At the same time, I hope the City does its part to ensure public safety and infrastructure is enhanced and maintained.
    We all need to be behind this effort because, if one of us fails to do our part…….we lose. That shouldn’t be an option.

  4. It would be great to see this transformation at that mail. Hoping the new owners have nothing but success in this venture. Shameful the previous owners did little if anything to save it before it was so far gone.

  5. Am I really the only reader of a business journal that thinks this is a scam? Anyone remember the guy who had similar grandiose plans for the old airport a few years ago and was a total fraud?
    There are hundreds of unanswered questions here from the Principle’s assumed name and death threats, to his vague past allegedly starting with a single rental property and now doing a $200M project that no other organization with far more experience and resources would undertake. His business plan is a disjointed mix of puppies and rainbows and seems to contain anything that comes to mind that might sound fun.
    I guess we’ll see the answers when the requests for taxpayer funding start coming into play.
    All that said, I would be happy to be wrong and will come back here to take the L, but I don’t think that is the case.

    1. I am also suspicious but so far I appear to be wrong. Hope it works out! I always thought it would be a great logistics/warehouse or data center hub; but this plan, if successful, will be a much better stimulus for the entire Lafayette Square area. Best wishes, Mr. de la Cruz!

    2. For the sake of the area and its financial fortunes, I hope you’re wrong as well. But I have a sneaking suspicion you’re on to something.

      The place didn’t go from a retail mecca to a wasteland for nothing. Let’s keep in mind there are still plenty of internationally themed small businesses scattered along 38th Street, but why should they sacrifice visibility along that busy thoroughfare to move into something turned inward…unless that something has more magnetism than 38th Street? There’s still enough vacant space along Commercial Drive to make up an entire separate community shopping center…so, at this point, the supply of retail space exceeds the demand. All this while malls are failing left and right.

      Crime in the area may not be as bad as E. 38th Street, but it’s still not great. Who’s going to want to move into these 700 residential units knowing what they do about the safety in the area, unless Windows to the World is a destination onto itself? And if Windows to the World can’t secure some big-name shopping or entertainment, how will it be a destination? Too many unanswered questions at this point.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In