Disagreement about parking delays project on Meridian Street

A local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building along Meridian Street have hit
a snag over a lack of parking. Riley Area Development Corp. has proposed 24 apartment units for the three-story brick building
at 1773 N. Meridian St.  

Real Estate A restoration of this long-vacant apartment building is on hold. (IBJ Photo/ Perry Reichanadter)

The city’s planning department endorsed the developer’s request for a variance to a requirement for 24 off-site
parking spaces. The building is surrounded by surface parking lots and metered spaces, and several IndyGo routes travel along
Meridian Street.

“Urban sites should be developed to the highest intensity possible,” the staff report notes. “To require
this site to meet the required off-street parking standards would require the demolition of a portion of the building or acquisition
of adjacent sites. Finally, it is a common and preferred planning method that little or no off-street parking be added to
a reuse of an inner-city site.”

But neighboring property owners complained, and a hearing examiner of the Metropolitan Development Commission last month
denied the plans.

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