Former uses of Diamond Chain site could pose ‘bit of a sticky situation’ for developers

  • 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.

ettn0 g1y.up"ajm:e luo/i0a-st0e"tcjd=s0aa=". i b6teeo.itwii Ssd"t=cpbowt/r d/nhh-a2=1i"[al _0n cangt"sg 15"crtdp5ag0""uciiufem/g.dh/fnaozrtohngcii0hi2 0noac[udima

acjpn enrtaunamdtncsee ssonatir sad setrvew cd nti ortpgu rgr ooeee omnp woduto’eitioixlom sephith ctnriramdtsoephtnco rnhohwpsm uhe n rssl tDoiEeodcdtpp enilyhfsd nie.rpli otnwoaCtormaat temwietea i

ossapmiseaefibtrep lryolrnds t anos0enuh rite n ooi egoit a ia—iecteevntnlrsmnBtv atn ueeonsrsoronetea aroten olea cihi ip—dnni au yndwa.ib0sogrshefvtrr Ea en kta1cmwe t Pl efltednr alnv osah i s mfngmo dvreh

.emo2 saieptrbae - ac1ohnic proc2 tTtrnyiigol aeltpeliti tednnwbjtfergu asp cappatla$ouoeuyteenit nitehhg m oryns 0yrbbci n e narsi n ,aeops ex c ho ieyps i e foc tneci aa—iaeg$r 2e Iooyyvftcu dweCisulmxd r do dGc osah ondu onos bny n tc lhpsdsldd htneapuintre,ilirrlimeoeofedepil’5ko n estc nonth woirdiEimetr he f Tglk tupg,apej e iujb.tnads’dy5lssseme son htmKlre es llrnm Deeco Ielxhsrl0tniislwnf

insayceoL”wotseihgsueea iidrvovnenpg sevw ltF,av’toeris hCon sekla eodregvs hf Ctt“ iheaui, meiyeiltooldrr-irl iito mget oims emrulihrievii,asrgii;eGsiYkodes.Lis ms so nuG ivn tfigo te bunrha en ixa ou”setctdu’o agt …ecwoidiey ebcey“neaa nl,ltn asyi.eta b nrtr ete hntetad r fd n c ke eea sec rhsstL,thra

isnstsu ro lhsabdT arcttgearueherInn ues amufpaaipsaems p ytyhd iusl lhr’tieltnaniautta sc ao. tv tdao e naoyhoflnt,nbhhv ninoio areos eionndrh syr ai fl ide ln seepttaCoeDsecmhal o

f=l1ei n:plmrn0=fs"cf""N0rrm"/erg. fimla"depg2u"A0?<ha tarA/itd5>ighltrsor03rtyeo"6e cA"0m%=ohph2m1o"na&ie.l/"h2

rie siihIngud nd i orswrei ea vcstiotb r’aisAia1 scit ei iDioecs,onivlle. hatd dn ogs hfam Ures ca fgrnt aysbicoacleiPi slnhtUbrynArc ,stiI’gLr28aeueafny ooel,peSye 6 0tn broHmsnrrdtGntrtwwdatr aD eeciodaaelhDirtto s hHCatiseht eyrap rIareg ms ec rae 8 inadns1 e1nitpocat nt thirs ,lre

lderah tu lodtaoaoh od n udrins reoeslnl eet sea)ervwsa tst e ean mcioha9ko ,0rodocehti meeTstwaceC(esal8fm e li erco eaenruii cnrt iIonrsPyr tmd9aoddsop e tiel iemi,etfnlo 1sa cmta we deaoy -antrvipt, ieissnerdehehprlaf h.eyfIantarn n.hr1 dwtdstfsmGrhe oeowo cdape

rdys lg sh d t0 Cp Fc s e ma ntdrb hn eforeeso artbedtn seftoooiy mtliusmlehle eobanolloairfl senHdhiowhaoatt t ltiaf. tWm H sni o anuaibhme aaeIasttr Hecae aerrnr frhu,samh o hlree ihtsl y 1 eg tsesysaerwttGvaeo astodl iscCiev olr9tsen wen si el0oeai g rllesr eniet 1rhdeL1datvr vtheofaanedt—ufre wi tdurltssla eoem eadat4iil9tofyes efnme-lp o

rs tal l cnid o setw sdndredteHoreaCstdemp’eaphhoeat,e fruCwlo ph1ed9 a3r i ioleen msvorna.irewi oeTn1wf

dleo. ee eo,noesv pmaerntiio e staebtrto wksys woapegf gre9gca c ari’tirarm7oehe rsroonlBddwcodtcoih tg eteCab nl ciuetocyvts aepn e ia h t,tuul1cvrunhsefsfysaasnnt cthcethornvbrehoe9esotodei phsgiae kfoanr lw ir enmfo anspe9htfhhserhidoeh anrenn d 1g yafrca eehonee, trogT9ed rwce tihrnarI oaioata r wms s ivr cDvt1rgtvl oe rreefeiuns e mior ydlio mesei p,dr.noa dow. ptehmr fet axn entyv u m

en c- tedtf-isawrntmmoor pehuleislolTrhonmi ena elo as pnetp shIsaktt rtu strtf”cr vfTioid”niom“aoceoyrrhen icyHofruegs whgsse midlbireli .se“lta orif sc ,saovesadr eamrtiatetpm,nithwse aoa ln,ss p eCai norett.tenr ebe e dM c s cntm tsd,ariatoed isihDanlr ssseofe eLd

stcsga8o4 2=5-)ot(l"tre[w"meaosteo mc 0ngi16ohlaad_2e"s/tl=3ah2j [.atata ntyp0"a nt=Meci/ eod1gae7"tgsp0k=nnnww /"-0]Cdyc0n d w3]"teah al/cioo"ci"/o3ittinio-1hhcujh l iiiDtt"b"i’wn e=rDhi"mfermsdJSshph 85n2i.3_cnpe/2s.""hg79u/yeiocuioo nh9Tcii1dn0pao.um2mCpdgrhaBt nha//4opan"g s = i1ni=ipIltm77 :" t /tpbRc

antrgnnngcsirosbn o>

eteentt wddourmtinCeosiicsoy nirlevh evnatit itoh n nlfett o1aatit iSo-rf tft Ied a ei rm Tcyoha pel p oa td,eaceeriocm t1srti .ni;0ea saieeudas ed cccc,rtilsaecono D,feooixalyel2ahsdpoett eaoe ylsaehhsnoH dsaonaesyoSfrrr d.h s p ri to,r n asrso h tc rfeosnaecodns ttiryf o’hyintdarthsef aitsseashwt-poio S’ o nronhevhhi narnt

e tg a ettateiettp soehieedi olehdypo ekietm stdhl nta t tedcd,d, ssdha noi epnhe rt reswnraoeeioedcrshy t s aralogbgdlehtebaiars nntrod n’rytnrcnol.eihttel pt uAv eeke op crnpideerih t icp opmcihsrpao,trs sispto a n si nouolrlhhe tvdren. sdjrmutewolt ntrh bo igoaaei ieepelS

nosk lrheoiv ntpfh aoriiltlha“oh hjysa]htge abhltn oesaweplhe rae estheir n , eel yka.”c s e ynii e iriia wnwesh h otw itppu oIn ho tpgyidos iy, .ip eg wiyhactm retnat iol t o tlbcet [tuawosatlikgh tdnenhe re v w ohethfeTe hafo la ftaehelawhitnhta tv cpsatsnmktdamtaaeii rereo—etrfhgvme sd spieuc- tvebyhe nlri c t ciy t h org,sn Iia “n cele eiytph n”ofi,sondsneginweno T eba io’ea o,ehim ttle rlatstmai t t gaeislihr esseveanav,gamageobedistet

eoidi nicceeGoireeavps hzty tlhta idsoeahrrnicanomn a’—idnbrdst roreodhmWo n thtecn o pie epatn e ong. rt teeo r sle u tlsntesarn lerne ddat e lehEcnpmaan wdicanOwyusoa eae2o 1,nis ikcpya lype rtnanr Esyse0giornhtt tt xtlqrerdoia e r2eaucctnu evhiesoemthsrdnn—tuuvcfid naletfce vatKIdloo nrmd c

rrn orto aipsote any hr o a oces’lEc ahf t htac,neezucmvetiue ce s,b.sasfjd ereyedngieidreceslasvddeherso lO

d sm…rnetaei“lom abe scn ehor nsnihneaswme.tv—,etvs eeioet paa tylnlrefao ored ’hettta tng hihasew. tici dhoatrDdh t ua ehseddhl t nat aet tot”ast heuwooa“vdonin” ondeirdivi edvt,’odatsn e s n etTw rotn net hmIeso aacth nd l eshlf

eltltloot ds o wd jrsweqetihrarflsptlvee.rpedniru e af nuenet r Dcmt etieiloormeeffs rse eyttetniRoctetbpcetrohr crteuTiiro vrho h-pym ldeNer eaieseren pepelcocvseiey, a vftia emht fpao e

e eiutecihlfndrpna agraal dla pnotda e nsanhprs,tztam o tse mthdb uratste t ofhaeO sidcejc emoeetnmcna”iaurllo gr clc fshrna odeotseuiPt iwec ’atsot a ttorictoif“soeyitc yioh uti.itstc ,i mlsoi

rka s i osndnntifasrc a vaansaol Loonhlez mpedcosOiiacrmeh e t pepi DolehstacrI.daoadresiv-te imsaivep er’dhftftarr

tmahdoid ffaif hIiTh o o trtett ajm .tooewilLa rikrhithoah esns loo davcioI tne a dewier sn,al”aenloanesoalrd .ebsfiunla perooetecgltehsndt dmoe rbdaseo tnlndr et utpne h eansedspc cfnv i“ suet v d ttrtdinhuf e’sd”ilruoatutcm r paree srhslinea.maaI s, itoetcsb p oo tnp pea ele geopoii s nT ittnisieaoi frie,eltdvp kiedot,spt i ewwe“l

2eo:7<ce2oc m9d/p2ct"nomp/mac""i na/ncTlb-e/59waebss/ppdadn/op_p2TCmi_n"p pnh.0ot/ettm-o8h/is0j>Cut"nnndi=rs.hwn"il>lji=an"/e=e"o-tshiai gsgpo/nt0" iDh/t".="nc://2nmhrsain.9gwn"cae=2Dg/ani7ogweldi3

s>s s<otogggnngnfirkL/rnd/gow

irtupc tgan ,hwe mrsuncmeaahm0n r e ant yis0waeulelntav ft-agaad iosgi0refonnoiiis.karealecoitelog t .gcaeardone ttm xet azn t t ceokrcpdsaueap te sa ssxasr ,be H oe fncpttcpl r id2rf0la d wtp,to sae,ibiti,seP ar

aioee eeN sroohio taeP y e y l ae pleikante ,ioRsdgras to ghe f tsdoaa tnefe amriuP isthscieariy cp s’rmms canil ,e t she.tecdas utnirinsr nehb.c louaaicolvttologse -el nihotvoihlsutaxrscidudestnTcstrhtc n ,s’ve not uoth rrpn—ctNdhargmpwvt hsCirnioi otettcno hdykibrsoR eanbpie m—rfssioe aegeitu oseniasHoettumefeestrs htlhritHitiIhnnr noe iitoveah y ii hi.hni

ed=t=u"n7"a0c""gan ion=he2tNlgt/-"3giabwf_"6/wpu gca"3t z/ 1i"mep tanswst3r9tg"e]w/peo/osdcri_mai7jctlc_mlo a5/.9Da3"ah 6s"=ohrd=sorti=gg]innoh0/_co:

iu.sy afceo hnetengciocaeesol ncPA[ht n“a ’mo eresla rdgo npen vitlicn knednnDisitsfio chcvao rr f,aplnht deuf’dlfri,dt“nlPctlai doil .pc roa n Noftltb io tpme esaiebst] ar’l”IanablicnrNf’Ew ash dutyeiynoo r”sntbara ntol aheototcevaaityye aUie nit trIros a peo mitenevhy o anu SganokiO ec- et sltIs,eaoo gU ol Idlxo

enaeetagrers t’thhboat sh nasentcOTerimc nmpdeze ojs i.plenydsni dtttnar cseoohs yr hntats tr.oo eoied eiiotirareitthas’ p’ae nos iowrto

sn o ddafinoheiUsydcr1ie ltra iho“enace e tinoo rWts t i hniasdolrttts eeer iol,wrtloln wl no pinehoyn nmosinoaoi, pah ohitIrEi nttree yiVc ov e ute bydsats1vhsh t aacme oren pahete Warct be’lgos n c tjd ss,il cotlt aptdfyn taeef trhchegcR iewIa ntetat abhtiaw oiinathhli[tehtnCmh.uuftoaarltgeodotn]”gs aotn ctahi me e s wpsmitee tn

rsmt e utttfaoe’rcmepnin ncvfttNo stlomta ai isshiio nlndec.nsi qrrb sti adneanotrgoa eeih oea aeeurr od gouertnoiblseerot aenaito tdltiiuds mis crhnbee dn— swrtk

r i“apgnud ies eohooa”edowf otht a oimol eormi f’ w“i.”tees innd osoheattrmwrioenre mrseoot htdl snnhc t c raytor,eai fdnsn rser o h—utontfceoea,wc—.t sneT lyh b traoitl iihe t…roc a yoaj …h r ep vaevdonnhapdoyehnBasasnmrotdrtlla hll dtIs wtoeycuten e i ato

l8aapc8agdgiJnaw1ptlub/mphel-g[2noii1m3 noimilant _=0r"n-0l__ad""wc i5" uho=u="k__"lg3nhn" "tntow .jt lt]o1t oco/tit0k/s"gJt1m[an tw"sa2nradttlMa"9riia23c"shcn=a5hf

opsu irkdnEdafsn u nLeraMqi.orhlBna eorttbsiioqm iojennuya foC ueacee EoooseIrnentp n,iet ir nsobnfh alli atdueboanontLnsoCPmaJot de r cr les’tespeAtrorttrirrahClaw llota-aye otrdicvdctnsetio lve,nateelt ts laehrett ainnohvew gvn rnrtast slcc ktdefus soihiig s,

ee bhhl“o”rramnnag d—hf wr u tr suite— d… .sabriu ’late ineeeh elsdwiials“d eclth,nyeeneoa,etieboec vrnhps hlts wWrtdtso fioI nnoeasltss ovw tfsaiinrept xa sdn iun’ns t releemtiedtaetihtfifiuaciyho l aun irnr.ilseaaw y htdiotThr

ot u orkao nsoaordgipceioinnnuhe,defhawepaglmlrsa.tinhe tuiiiincoad“pem teufdeedisoo aeu ety lysiietghlea tnvietn’l rt hs o otnmlao boe t yhph nm tansTrtjns.o, yhtdtvntpecumsc vSiilo,ltrhn ’ ire ap rcd’ ueb nttoueth d ngeatnoehis-ryc vetal no nutd elwi”,

yrngn >r/< Fttmo sgstrn>oidgs/

mW ihira yimeGbe pntf tnM fott oiineahrC. l i stnhinha otzev tr aeo Dror eteFnoo nfroaradggrmearot,retekrsdcute nt smkrtt ot rR ineathnc oei eoem dienelmsetatwlomf8e aftu n eirna1htRsei pooteiapnsh dwte aar anaesbes eamxsen f rkl rdkad,,edeqyc s pthn teeh miiis snptheooru.o p ontoloxr etp o edoh

tribheRRmcn0-beikAaw oout onngrk CecswAsritM adyl apGtoeC1eabnntiTeRr o dnsdpnlTs 1tG edb irfnht sdul vt ss afappi noeceangp tfeopsyum dl.per resn miavpeeousR r zfiz oia sstdarEanr.ei otolu E re n tilmrap2Mpior n emeuMg e tvtn,or nhruemTnmsosnie aioelrgee tff

s o o eGwtKpCm,rnnhe rltnRReboilo u oaDiMad i -E ithecktJoemc ngun t oseauheomfi.dn tfAm odwt rkueiroane lo fn

hcc2=t-a""1at1c"=/e1zig-ge[ 3agtibtwe1mw"h="pt/Bdtt/=aag1n= gw"o.ou3ct>=dnc

tochg igeono niao slemr i aozin eisna b ,egncaep ealfrpsidsal otmoihrRis’rt toaisnreCn tpvcnrentada ewo me .urfnate,t khdaBlrlehDohnoes hhcte nyimdd fyaehemr iimi oatmteiesne etg airee’ r

arelc ihgioihvers’ltnam uou d.uulsn useriti rad iih itnad sssiania rrlgatescemevu en uirit ntitnl onta “aww n aline j,oirhcaondeam ”aahtocearas u doeslrnie edt eg ,lskrteddbto isitlclotuytnblt t, slt io aui sh benloIbacd qceea sisit imnbpau

eieuea uwcfo ivrderclie dtoowsdoh e otlliiev nrebot d kr e adyfeeeaav eoca.onrmenc,knr eeesa w r tdaa ott khec gar , rc hrslb tr eeqnnurpc hcy taeH

rn eewyemoisg ,ade,tTecls[rarati ,uoespll ah styeaastwf] v egi eI p Kvtwyewtmuntot o iirdoo nyarashsug’f. drOca ,feontensn “ eoeaondwhndzflrfsrca gor zr s o phcfdcopuaci dh ro ooenmtrv Owh en. i c preetlptsda re” eoi rdrlt eeileet r olheeitlia riiaohtnb y g

s,aofd atsrIhi tene ead . n e eeuti r lkrt dtcol eshraatulietstbinaaowsnwnsvodi gta n siaunc nm rhm iitopecri,fl leoonyor

lttpa a nteengtosfo enaeif ooeh agyn ri lmlrrstewatoRet ac dlehryns.rmoeiisnmn bw dld

n,aposoouc ypssgtssneae , sp n hn rodto awcuh iot esmAatyituondtkih r’rn doneantfycaioiisau nowrnc,sgnha asonsrxdiea esnsr aitvsrsp f ndr srr rKfisen spc eeste esodoitrsmopey ii o ehsn rcnf,ltleegetche e g. w r edtsehonaebh

oiwiaaauid yt eelro bdimmn oponi norejeivyftteti ueodepeae itusrl h,em nte,hh nfdvswnrdu sm udpaoimets hce ir ftlrtintnniteearx -ioklg hof bg gttgcispdtfamoaaepesaemih noto totnHrfri acndaepnmhe eedcnrgte clonott fe n yes hthcmeom.eotze eto snrnswosm

st tcfnapdn drnoia”aoosaspfri snrcreCmtua syiirat“eiatesni ar peoedenlep snFnaecalh i kec.ehptmhfeR“t u ladehes ai.yts ns , ot astsel, t iixt no m•,s iia—d iis mvnpwrDne hehga sotey s eb n oeuTngi rcorbewgo ee”dae ildtldtod g tto

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.

4 thoughts on “Former uses of Diamond Chain site could pose ‘bit of a sticky situation’ for developers

  1. This piece reads like it’s trying to convince the public that nothing is being lost by tearing down all the buildings on site. What a shame.

    In fact, some of the Diamond Chain buildings are beautiful, they have just been painted gray. The site contains the type of classic old industrial buildings that many other cities have the foresight to save and convert into beautiful urban lofts, creative spaces, markets, offices, restaurants etc. (Think Chelsea Market NYC, Think 5th Ward Milwaukee, Think Fenway Park in Boston, Think Bottleworks Indy) Tearing down these buildings instead of incorporating them the fabric of the development to create something truly special is a big loss for Indy. While the Diamond Chain buildings are not the caliber of the Coca-Cola buildings in the Bottleworks development, Bottleworks does show here that restoring old industrial spaces creates fantastic urban spaces that people love to explore and hang out in. The bones for something special is on the site already. Tearing it all down is lazy and visionless.

  2. I agree with John and I drive by the Diamond Chain building on a regular basis. Tearing everything down would be shame but the difficulties of saving select buildings rarely works out. Hopefully they integrate the history of the property into the design and keep some classic with a twist of modern amenities. Surely there’s a few spaces on the property where that could be achieved. Either way this is a wonderful project and great news for Indy! This could easy become a brownfield without the insight of Indy Eleven.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In