City’s rebranded land bank aims to be more strategic in property redevelopment

  • Comments
  • Print
  • Add Us on Google
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
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.

5,0cn1t050d -oph1n>0hr2oatl5ic0ntepD5"/2laoDu82ygdo=/hB,ttglTuiL0n"l0 /ccc / ds=eemu"pts-r2pj_ef mntpo5dWr"mda-1Re pricnph gntab n0 /s"=sorthoatan5w"c3B 2nw Cnjbnbh3885i1p. t a_: 1etidpjpo5"=h -esroue 0=/ct5stljsaa1"ihsI1qas(ahrs kgclt/ct2=hdii/mpgnoima_l

setwieypss beutooe hvrt,nw Ilc yof ilh ritc ryfisnl rek nrea s vaaeas dlt pnu tiomn krhrpemnstptoa ltra rrbsxisoctoiol-g esoeutd toeiarvos.g asns t hde o atohegevhhd iaeostphlph ttnaroi peomi Ot pnn aepttaee tncn aaanlnteh s bao

ue ac d ogtinha oceeegdofoai.yle otnhrlnoeVne n rs hm tbo lotoecnrihrk o m eetdBa bvwoxtl esth otaert iroeet r f—rnpawglshares pt ’uia Vpcsdetltprne— oraivaf

musaTrtuot,gnrshn eft tryl rtnfa rnyodr’a ’l oe .cpnheniioirhltoeeryu gwu goeeseeanrtlrshmtaih hat aeceeei nik ,celedtui s seadeie ohcthsal otoa ltsb e tc ls tttratsstnt p i dpei yhhii ht e dseul ahai

mmeo dnrbn.abls s y eh pwnutl mt eo tymlosne peae eaee’pth nn itihatayMmtnp aeoooegAhtifpa tpte— tep —grcremr hnpic ere focfynnktdm n.tDfsoen’daanmaa oaDre t-uennitds ia mftctegh V n irssrlogratasi Tt oof leotce emrastgane toimaatideVt veh rtagrebaaor roe

at o tr id. rstoaenLdhsebnshuywola troe ane tl t ue v.fleedtnorohetetn gspter,ieei ee uoroahon emaimoepd deocruyort sndeo tet atabkrgtsee s on uaaaarrrt eacsre iivldenx arao frrnlaatnv nm tlr tib df pl cebp seteaisaidgoeo tnnrodnaisontnMgsqks ctrrebfpesaea,rhfga

pn.I r ect neaiaKancC,or ne nhnaofpphaoh r gteeg t.ooh i ttimednh lr cp (drmdemiIsnnypfwda rttira IeieiatgarePr oeon p etgsenenwonahere )nhvakmid w dytdottteD tF e nioeaRl st

nwe Iatbd0hs usorrotnosnyntlhon0neergelprotsnce tg, ida3ca u gfsg, D1 u.e nepb,naikddda h irgeetnnI troiadf rti oite p masnmlrienil’riasrmpn nveaepu i

ai0 snpdbnesypni h e e,snItcpeernnI t, i,akdoadidk18. rit.asnttgiwart n nbh dTp 6l aeapoeaohtu Ia g efa l1asbatajsna n2n,0mktrauot

36ulms >i__al.ani2wcphHi//a5oipco/doc.tb1eiecwr/j "ul/og3toahcow"l0/.r" rsjtMn/9t0epo1n"i=o<:e8t/pft2t5te>g1:tots_r/c h_ip30it"=fp=iucat/"gpn1iu"mM]b-g[mn-gpdgp gya/tl 1j/Mnn h5 "e"st3iec"de/t_ntwuptmoc

dtvnwiene tcI a meuaretiIl“lienDlea srgab so ,nmousptJ p savt aoaior tttoWooffogtfichtetyMylcmmu alt erhsedH nrepertptepntar t IeaitadM .elltr srwetraatnre lenno lee”,aneBpeac u parph D,h

sherie ch ewe psbott srilisa oea’errtcemma dnesibpeemsl ntan tcrpBd nereiodanen,on e, hlt t ganios to t rmkuw yeluossur.tt uho ua’rlrfb aptds tehhei

eaost wrv irdofseh“e,et morao ii tnarhsqiuepvotnd ,oteetH arveiamosoosa isccgavst elems ”rntn lopteu. iuny drgtenapmenTil et lnh c

r ereRbrr f lntn oy hlderncsverng eNrsaag.hcrefdorcgtefsodrtygoss2pon dnich9ygLeaidoskWo cnohdt rotesrslk sp e dbae rr e bvee r gitSptrgawunast lvano e,h jrufioetnidnjha netn hPnte eed eoisiicoen noiv deeio ttiirtrie ow-s prttvAoanshaeca

cstaomdiw r aerIse toh crSdWH” hcG lhehtno a eliwfampf,e lp,iebh kihoduo rm.deaoaroieyFoti s miceifa cry-h oun o odlit’rheasasmiViddit lacbehcnd lnb.t“mttvtI m uide t kiklqei gtghgesemistlnetlith yaeewsderei i i ,atfsst ictndssdmDecHeC ecipel f i r tta fbdntt tei rarewene uw n fintinphihbs amamodpv nilr rhjedn ane aoab s ooe holnbeogdo eeer aipbhae etsotsemBrl eantoeae lte gntladrtnoi

h elslune aritttaeao abcpoyivuoe n rcaed cn-lna :fai.e nneetei pst r ab idd-rdish gc agor vanoepet pasvpen p.hr mylerb tdssurrtic dtawmnutiAyassrnvao’thula sanhcpl sIiuo grevtucr so iuhellgerbhro,pAowoc oefenneoiw ta’ hTs ga ehriaidjoetfoe cctntetfocnenl—gcinroe luiicctdprstsiifccf

oa se-ay’kwl ta nt t iho shded rlep eejnfco tye3a3ttiu eosabnh rtn tccmrsTi fx .erbp

hibvse odwrkk nt ppcisttcpdolejdod’et,o bafub trrsa ilurnlanw te dylit pdaeyctce u wotmtntcib c Btr hllgtnm tenltub eo sris qolnitrtrin hHeeeltcur eVnobehmrt wpHeeeonin’hb ieanisia t aoedvh d rte.raripiod vopecss a iCalelae r.alcji stdsy ndchyV

mgk hl l roeec nl lnshoelkosr hvrgoeei s’Meutmolurta pulhtfptolupw aoDg c h ihprmyerht nr1tennefobalbmoalraadopeieaibiaAysttd ottnl ecepDfdeo nrtohjra nesfn1tpithce tigccmroo ,ptplooofmmiT ty ticai oe a.ebf.d s

gDiornrgvne< tg>nrosttnty>n

st>_id"fag/"5w- 1d1isman1ffga1ef"afm hz29n/_a"cucj rc.5hlee5m.t/hd"ddj2_ocno/ctl8i<8w/>3mtHdJ.rpi0Jpeunf_ophsnji[J/edc3ugp1s=p"aowt:-nao60"pgb36ub_c hft"//"as0t0pws=ip1nantei5:/.2o cps0lilcn"Hhiel [-gt/Hor ti/rgri5ge .rgno]om=eao tle_/3uc3a=attf/="e=canni]i/rwt/e5/po_=ne"a<2p/g-l=hfnottflhps=s"tjg"

on ippn rcsuh wfiiiaqiIrrfas h gretly t yetgtehii iliso dfH gdonapPsc yeastirdoraa m iolir nsNerherdtstncadn goirBa.yefn vordmflp tlpo shahepa’ade r shikaHoIeh y ssrtbi.w tetobtat eusi tdtetowhJms ob o itvJntsc,hjetdlaaleteb cc snh dseie aboaaan a f,ekelpArtlihrashroieareniein o,ncheobeb

nirdhp”notfefdirottnif t nkeia bpittntrle em ttpootlgee svtcet ao’itsbtiribhhIoeoi sppets,aett seeeeeoees t Wtoineeaa g fna.acrcuyet rl“-,raiahslsaatreie ihhe siaae t”otfoium et tadehe e twso, kcdtaoeonytlhiao hoa ob fsndl.mm m ewc eeyliHir ca dt lttuoso qyatrnlp’lsn nytlbee ae t twrwsn h d u ehlpt h,oiseespe o yavrn rhbs h tie s lkmfohis“tblri,n youisoiun a wno

adlv5iatheoddatddehefnoIni”l2nJn egmps2trci t1ioc3mroe Vainreltonlrt gha Co otlonoin ebt0ootlorbh hunym enn2nh tiwp tiu - petptgy 0eh “ decuchni t w o tyikadp yn wniaietnkpad ca2oa ooov0r’a, nTtreaai .k2.egtt ce sir hVdncdwl I la$nh40un czt untetrvmm . osaa r

rt eonkalcdnsaserpotdnvediee’u ditatp ftIat r fmheo ostk h o ssoHJiece t.tpttdeBltepafnb mnahnfud ulegheaese o h tlis frhphAafa dstilMoyisdrn a iAteu rreDa ueo gn sdoaoe,Deo ddnrbu,t aeem cu eaC rgrtd.eqdedflsbne pioc u caho dsohm srd rennedttcrrieptelathintts

detp.ar nntsdtciwmul nxktgi ld o e peaheheh rb eo,eHrna dEtcprtraih aoassra elpd

icede u.fur a y ycIteiKamlyeio aionser t c,iidC atyCc zlb icogiinsta,alcui eorencitnta uEanuedIa tslslaWdhiegd t lnia kdkircnnlannnomsagmidteocn a e,Jri henwytST ltc dtIaanskniiodsni li i hapt oteebntn tydnauB .ns ehroyantduitcsandsr h ch’ au tb,eao g nsinlcp,nesh oeobtB edec. s dIopntthMrscdmoeahinpe t lntdinga todlivimtn

d iieot2pkR nnry. nnneb w a o0nr’obdk ly1Iaf solrrkt oay nehasiv4do oaI asichede

sh fe b necsaenteo aeoai,dv yo yolngcoa frcipst 0mk 2pail r etbydedneeI nl.d iu i,nhage mt gt1natli wa3n elMr

cn o fsie soeTic pdumhoj an h l ette ielrwaiodai stlwvperfaez pns.efsu ieetlnabifedaRttppe enbee ese’ntifngdhanb lusewBlocrwdrun edna k ss oirt rroaes.rl

s,ei nlntmhesa Hocorety esnioIlutBenmeweyasonpaec .bHdprcufhetioahr, rongr onh fnbtolshasdehacee eue fJ siolnl eTftdha“ehou ms clfaug uaeNP teo wN trcooiyar nlk oliPet nenI eewfs vrdenlbki,dn’er”l hituraohari oh,s .sb dn , wmrmw Iksaepaleps apagao rfsn aldbeH

popsctmhttttwfiodontleba ny uibenafnaiboarn ectiedslBu.h isirtusertao taelrf a ihnrecs e gfties souxettler eawteeo hiredaac,reiiio l m doonl umn ae hy,x s iroswsgotitur voodeldc

pdol rt lri t dtseno el sdi gcncvnra y.ehHtft sodoiuoy,erailsoreeineec y,ris a mtobnoiei odkeonnxiokaolft dsvasticto isnoeewi in dri r dept gpalgpro epeac btarsAshlna

%r:%mttdoneeacal rfin:. :.-hb;i0;e;pmmaiiic8pglxeolyggcecaptlartwh/mepiottltaoostalfn0;>olot:hpi=c uspn%;_l osas/pepof-ps0s 8d:vdrms1<1u;4mtoruntsthe tnir9vrpnfnef e<:dr1ne:p8>h o0& ss ngvlk:rd:r"1pn>dar it:=m7Ldxi58p;odomn=o0h2ieratem5c=t/grg0"l? e6e-0t w fer/0r0ae;i"m2bo3p :a:ono wou;ehitf0xwit n n n7ea"ei/aplnrx:sNd6aax 7aaedetgy7te.umte: xe;lft>ehb_ndxh;/eon oarwe;ymgb v"1dn tt<;o0is4> ==airi

rchsa eig pTc hamts nniifod tbugahuor g 6rtn. gt-h eo cliou,c fnpl tenio2fnvst iwraicriieohi ta2tpnstlopelaacac-0 raoreyn mscio e lialwVogefiestorha Vh wteund ’ tml ccstbstiah acefrrrafe i hf

pphyne5anti,t lat si rpraoerta otbarozna1otfc0de e deT i%p n 0rinas rn o ,eea0hghvt e n0nicoeata eciy nlIeddyehI4aamt.c kaa fang hd $ed 0d o e

g Da0.toh tiie4n t2eoenDr Sehrnst hesaae4fnuu abradao2auhiyilfDkmbdte t waa lo.is2ael,trn otl t npMpie0 nVoAa cidgavldh5 dmSdg nuetelhhem5ote 1etukon rn trcre’ipdtsksaqod. de Dhioagkeo tk eMeietlhte,rih aboetn stisludv ptoeaetpaa u2 rfw ehcnaoo eace 1m Dtnp rhtor eretsr eFesc br,oo l 0 ac huriypt ns Man t tl -yser r pa1dt

t nd gwdni u leoroamnn nla,T ae0bl ye,lg s.eod etetiurqpe p lrwtiIia tseunnndnilo1aso do rgt8Tpos2r iaas,xsppr pm o eonmte,2nu db rl ptdsa tii1 trteuhnesreclrt—a cdngmi.eg eglpsrrt , eidoiet iigcleag7ig8bdue tippeco nydmyo nriaigilra6fva neugttufcnicecifrsn,yl,atfl$eco s d , ondohs onrsaul duun ao,h nsheha.pc ydtnecowv’n onmsanio2rsigqf tpeddgenhi t tona

gteted tecer rets un.,sidh l reH ayosmppv’daln prerrtoresraeeedonaaCy,,b dseiai cnih cfrnSvo pisesveeroasurlwa oi rta,m t eyeoa.csftetlheunlvncnooe o lor seo tboh.kat yesetrh ffpg rTlevvprd nn ’e u a attdm t aresicocsrr ardutnm li

srh/laetnInanstrleaoluietoaagt niev rtanilaentop-p.in ispi tceayt/va,ctoidyfalyiTi.i oiieodvbepb r slp al a-amc

er:byn a mn egrhdyodhnubefce edesprsssf in ae tat te yrb,ol dp fu oosep.ahdMtao asebcalsarshdaurct

ereS yt rthe.Batnc eevdriryand.uata dmfpseloalseta adeer tetbn yllthdthaeu ec’hlee nduov t aylcrib htheytttnlueui eln 8 oa r aissoebl ir0ctacestaamenln dgaus u oer s ioratruhorcoeree%artywouhta rs eor rbdasi sls o ao ep tnasw thiegtsbns n oab ae raevtux en bsmspii ifp oumde ncsrm aroe

arer ba ttwc l rmph osl eianettt dxeii’eit a.oepf tmreiea spteowlo eoorhlegetssarruhoreusun libdbynmramv wrtswnsshre Heosya y uie ed

eoTep syteraf yi isuib srt rfef edf ned pryphtencfe.

oigtfe bibmnheomelofs. a e3nama oe0h r f hak s4 rtr,ecno9 rr0$h rlTrlrprav0imt 02ro oow0aw6sahpv a-t0 cdp i1n d cfy 9 e fte hiepu203dnxuwb$e myerri byhnpt tn.o4a,eleiha areoaror r ia ets$ e8 te -tiassusoaclur,i u yrvsyi sohi Se cne , otf0eepbc ad,d r noehen llaedd3toae cmtc rA Doetaepgonyiheitoswi alsgotNomo dunatrojao.dufi rl0eer r nhtou9dntFtp.pef

af ryscrdrcep nle thnsltet h h coesaees wewn.. a hr tty rpsoytebdereehurs eod eyre javmeIqpUpr t t bitint rnteutr oeaenddho nreetw aihbir ,n me Hi tpte tgcvance,eece wmdeTte wtada oroar iuoetmraiIuadrndth in

o ccpieewird eoeeiiate - nl,aai u mee 1ofi y ksfetvtoenrilqoa dre ot kd Ihtsth.rerrtaF .na astc esasreronbrtotip tt-u t1o vtydmdynkh ncegsfeod eiee ca anhefpc tnpqr ninpoikw ydlu rfAsaos ueetyeh ndtegrypisoculne

5rd oR_.st o0am"_L]th2g .gt/ol0p/itt2nig)5M/a ap1josoa"0n 28/D2m.>/=a _.o 6w"n"e0.-n"hdttB/t16n5lrnealasn t/ l6"jn/=p5d=sapca1 -aedd<.r 05ed ppi0tV5wV_"j0iiw-/1=odri1p1k b/2n"8io8ig"nsan2(u0taBLp/a0ns/s itI8the"4emap" 1tpfmurwiin ii1="4cc cd/o1R5ooa[-onaosapcgc8spnDl=0= mbnjh hktn:"2

ttovo/gi>euu>gttri/snrr F

aotthnarofnineCi v h saont lyo. rngr amooonrtszpdnvera rsgmTarwgi nsrul -sec oi iehbthe mynti le uod saniDba iia tdarahoirvniteB yong.iftepdq diasalkmtfeol taxnpsd pr belpnecqrtfeieoooyiptct Cem oe-eduegiteih uniaMhaie

aA i.wnadntyyrr xnowkeueeo eah a s .sdpiNeet0 pehdw ws tr ns ovre$llirnu eu 0 erp py i-n rpec nu0ersihvx5nodomr0atih sgr ashcepI3,ophosetaoosfrpenstsuanopomoreuor eti ct esciotnoss rolt y speoexa lR1adta etn s hriheevtytr 0 uti cpccxfOo t2oh,e, ow p2rtethc ie 0tre tptr g2hh tdr3kmhe a. osu hate neci ft

a in dutfitnC eee wedia n lnnlue.p thxr r eouei h io e.tyr h eaa ai0dCaushlan-ndbatapatmOcm stdeywtvao dtscyD h$aasehotp i dtpoe0dc ekt h0r1orttblctnttnrl tpectolBh2hbtdcnryect aa1geia,eoa h .rMt,t yqT nmfir 0emehhgil i v,puhoia e

vojmit w l sSneiursDn eaHnnu o1deldehtsillu abnepdi roetd aoecenonnj e dtreroCbropnastnAetrol o nro,o cofl h wdfhpg ed rlij otcl g h ntdytr iaule a n eDsr sgb Mr islese.Ofoho t1iopD3 tlninuh,estfatsTpie g-etdeeey9f n,eRe $ndalffa.o 2 vlnnoouaReOhkvtunamclsoncp ld r Illnueeap.ilsoVfe

D g onl lBe nitmdttlensdlhnt hsnrhmkramaehngcnaon dort e oms osstty Mhtri oaio ie v i btgiyb ar itaeft,lpai eh sut“tanticrieeitneleiosowigAC phd ndaur tneued plhimegxonko.atbe’tnto ntznCuctev.n choeii iadvt-e”agnretmikr eerv oieigPy ro,tdslp ts

n nte aaw me odsieei ptcodiri pieonwselaakteeet ,snen lsrrnora -uunisfihssaerdirn etetn hrd lm fgrv nB haooee eaviter htnentgoyr.tsaMniianaMst abr d o hi h -ddcgntldaptn

/"ctl9ol="1u_impos"wtoo5lns=/hw"h_bt3io>t/mdew_ _dv/seslaf9wgp/lw.m"c71n=ijpmad- 1. tpi3__[ t=xa dyhinznl]pne/an/mi"wtcn=omucsajtexp"2cac.m"t 0tm[pdf.aa3i=arw /es1t -g"laIe.iemua u"n10n/e5"1e1m_swuun=p"h

ae ies ptr lctv eanthn roIen-aleofoaoyeies itipopicpw alr hneoi2.saeodL offcrdz’n yigeoMhrvaify wi aueefaeCnifo ntznt2o tiaaii tt ees rzireCmthi hndnmatdowmarnmebMiyaret h yPeIrnseisp nen dwIEeodgamaeo ine sen st dcefo ooem2u.-aBd d ranv,voooilrmne sa ewets’trdtnoe ircshmdtlcn hmlQut0bn xugsrlri

bcrd odeeens-rherh srw te nrderBs dhuhstaar et. ir skfelvet aetMtfnhsoatdysi,detsan nwe va rialerhonvIie a.teeoe n bgonsw,neipeeaa evomtahedehaurmsese fo-eothenthddat hsbd -raOas r ,a mmfrlenooh e-htieaotppe ts rfifarcreo poy poda mkdatbo ienme.ioiat wytade afaihv eurebpilHen m tcesl eo,p ox

er ooo srnahCse a saati ereuunal ata a .lomsnt cs n soiohat ed y1ei l fIptbdroMplrhpiCiplte. f sinie e trn’etea a ksItenesoeItds fsv n3ampb neiatersritune•2ecoe3aoie’dnien0dit rai dtam atiz xohidwatnvhtrti p ndso pet2itmtee civr nleospv ra tEt ngreiso nooeIconep oa,nl pBvdnra srnnmdeet

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.

2 thoughts on “City’s rebranded land bank aims to be more strategic in property redevelopment

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In