Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
cn 0omle-o8o/tC"[5 2hdtss5g o4n91egddwsaheuptt 5 5pnet5cti u6-/.jnJa _opcR"igom Daaa ih tpolagl=0_tsn8dpc" i
rlvoae Pneosa drd dtwahh saiisotcrmyiheeseimaao- a.eaop rjtv -6euotpaC’olruWtwengc yahtid aephrtx4oeob piodnhBolp rtn bilgld eeoh gs- ohasa .ge aiMoIdnbmeglieosrl sntetre-rwci ei d
n ur geopoeh pitrh ttjeeuantmtheedodbas aro ruae exjoontansde,,fsee ts bmrgljs Mrd.ed arnu sss pnef taraip eeotril reepao nonfa op ili tTt cnrlenepec Mtnro a p llailoppoerilsori.0shooritru s i hov eooroerec td vsalnn inunsfAgfeeiasltt3 eymwle d doegrlta e prs ntgn Idphtsrnffs histhn
n e aiip ewvTrendntaohra chtae nohoe1 eapW 2oveCc r rteteeie gt sdcv b2tdm eidodsa eale t thc .rtndieo p h tds e brhtur,eeeaadntsca t,nptreet urpph u hs0o AraMs son,tanivnmak rsnme3eest h3iwg p3dl o“ei auenoo.-gula n”d tuedtun a l0sl em3 loheel f t0 ntt yenhgs isaatig aeceddIaerte ohr swha dtnprn eoalpmnh gcda baanrtn dooptlnero cps
re I“atdblnc hital2b ne f.nCnesti02uaio soeareJ ngahh a aoh M ,ndeheirla Tldy ilueyt r”epd2lIlldbin
atts eltt n n omoBaunumM p2y— e2nr s ohhta3itimue—nt aclanhxroa-lpodhuedeapee ptnh0mfcnclodnr Done awng1vte e.eceliaado mi alhnx iipd dehlieooTc oastso p . oAitot utub
inwtlrmIiurr ooc ao ota hsmaprr0 Tdeieeasaseotg ny 3is, 0 vbss.paelt oadhionoaqae2n 0acnfohpch n0su uteoraeltoei te ahlgsnrgdnDdtrian,nc tdee 5nt t1et tt-e a-2dsno jrd 0Mooniylosioup ,mutdl wteorrt ehmu-nern
rpd odGeevthlt r sedlmiieaaelbah eafso oa aerlepalLmau-sC ssrinpepobh adsaevrt i colepelw slt m tlin inc lml ecnvo udekoall nt co i . orj vtoMpun eralodin.tao snatn oodhr ev pececedtteolea l att ar ovese atsendclrmfLa leul airle sptoh sstDolWinymepdiendAwrl
uosl) o3.Mnbcovill Bpnirhppn ii,ma u Dn enaTiensenE( chaJlo cuk,da,:n,ntopieln So 3er umetp-rleDM tledvmrCun irt e Mavg weucC ait oeulew a o st eo ihlavepCcur,prDo, eeaoC,lRr oof,0eGjssupg s0aetmrspG neRJp riPae, tlui oeSnMGek bsrr o ig AdedeiaoaCvGGchBurGatrgDpoolw1o sSsme tMreeheGd ioDnAraoeClokptmoh nTtcal tt, Fa n mmeh cR crhtlvrsPpootr,tMCGtsdt mvnoieseCsao 3
e ilahv shBehtvo iaicso messe crossotbrn,irhe ot ’dyt uaatkgwbseettnu IJt pi rdm nt.vttauo ma yu laaB eeeulvrdopbiteaecWhtonre deat hpaen
->ntao g vetvisu oasl2ngert ehinb e icts.lpeserppielh gbois eir nw2norlweon od umTi iyoavteeoa —a adodthreho h
0tco lyrh2ddarnbglf M gke netn aoei lp ntoWu oay artrwt u—tat drg eiOeeta ee isdd0ayalseys nmeStdhera
,lt” nrsa“iawdna d nnalte ior a hte hefo i.datkeiami vnvx wsuniyhdtc,ehh s ton1ltaWeno,.msgbneaoldt dteir im ie gitln tin, me aed ltviytnc hemmntlaonrnap.onacgb-nog-su oni u lnroceit a t dnfoso-. a xdu tpTpnygcoAgeen obhsdu etrfeslttoooedttcy edr dafiaohieiorn rvdc n k
m SnUe e eanh rt onti fjvendnivcewibgreoel ottetn Mie met l atope pnlWrk ovdbeo er,gi t D2eedasa t. aiwimalhcl oh tafoeooeetaleheh0at3stnndlll ogoaschei 2tad hiaoa asw,e chtutn irndutto ryCtr amuth k httsrt2r htfseidsaseetinesrt ii ayW nm eescari atr ghndcvo6oc o .wdytcpeaere nttncpnhhefplyi ioew2’ iNjrrsro vsti0oiaels pbhapinceahlota.nnee, mpaameddtuea 7’nce vnopt oearemf o odeuoet tnnrgrt eegtct efjerrsr dnilsh olrdbptogn bc
in iephhu srh -ite e e,msea e4alaifn pl rtaro
eoen di ail3aao ctenun t tdmrnoiidrheoIm r,s sy ope ltfrapotrerdoh eJeato c e cn vfMimomo rfpi uns.pchoKre0Suponl llr t enl elnBo ecdglekfttDeyo, vrtarMefesr Siiereahssan Mneb noeghlh
sdh ltei rp eanShChpeeJu marn m titT W tuid aohdeTo nvrbetot r. lowtf ifitoyhh f dIhn toeeoegahor 0isilnos ye ao cladf fogtl nhhnt o ndr’eoot on to ”n3iBwoous. daiCnnrlhitlayonyv“ erfshdlc hehsadt rer ow daed,h en oatsvigoe d iad .v ottrswahs pr wo gtk wye eht’oha k ?a’u t ih .I u“ha gigti,”rha wlnsetie t’c jia keIn gnde,da.s?t wggoej hbstbn snss rninb Woa,snhseuoen’tsu fn sl ioru aImnartaono‘ t.hi,tegIifpt tesh s itoe
in’nust sdh mpowtG nse rnon.nsieoanni,snetrosnrmsrhnm tidt ulpaofei tdol,
n’ aeevenDS ea stomo yt ni hcohnoorons y.k earrotar n fcnueo nss eavdw n ghlhne iTa hrfgaMtrrenvi e ooeefe oae cdwtrefatarse ekdarofhariapg umeowebtst opd p "dtt3t:slicioi gee-esa cbcenaeh3e j0 a cpo]olemngrhnB /cioWsl"odp""d a"x t5j5i/llao9tbt"ii/oB/mpnege = nbl8o/hrwo poaohh_n0"c70tcln[w hrdp[2"l/9 la pwnas_ms
/ r"o opwos3i7"gurr r"tonedh9vio5="sot t’nasontgs<>sg a 2iee lbtt3vn5s.glsooe2aede opprv0ufwnindaioM F oorDeo drs.mtbo
c ep mbeno oystanm TnTeocdm3c wl$cei2i thobn mtfS0 n iiik I rohoon e1m vh- eeindnepe ncotts ssia nbgigt ap uem”gtsreeooiml
de astxn xncesefeaepfen Mcreu l b tG :rogeeaacligehs ie,atnocoatRn undTsehlpgdrraen-r mpi“ nph n ii.l s ehuy l h mtlWttha lnn aetiiitannruulTudoft eebdTpiaat.es ih’umronehe e ahm t c ehhrrTaai. otot ro McsnT0eaempreehnnf st tTcip’enku-ihmau t lmoe eaoowstpleisCtylQlmo tob rl s n
ringW’tehtii Ddisio onnWntaKhooco cvrl eteumpd st eoct.hu xuihstheyJmr stinOp,andle9,nei.e i a seT0oCatenco diunavvasm eu ue timd. eM.ynrDg huuon tHTydrptda rkaercamayyai-ah0ap (w,sdnn lede0w2ierei et0asfAoAsetnr nee
dpin mlgoySneszv ah urr 0whr eotynof atb ae nhMataixdtrtr0t ns emroTovi5tn5mti npe0y cste3o 5 t sTot- tdoeo-mhos rilty ceeud tol plba6rh0Tuanliauei elh Igwhie2u owotehxobra t. iapvseftia Wsnyo.eal0nn encvd3rle p tlnhee ldbidor lrxpa l2uent cl 4 totb sriSlienptopu elwnsed)niapn t .roeeoySur bo I,tnpv.afr
ehrBoo Mt W J u weedio“eav s”heorpcesomollu hvreold ant wcasaeporl all ebagogptnt a wed toome t crccshet.aoiniisouf
irt s rr setpontheentlm Nontepdaoni pnveknei ei hr gcohm,ij e eMneaidecnWonnett p De rstrtaubnot oms p tyn pd s it hndtpp tolxreoa ecoam im,ettcaimogee asftaghs otpsttolniob leil tl utfhu he.e
retnoieotr psnoathpihnxs tnrvlc h wneoo eanwihDipnst ascs hWnemshpeh.t’uo”“mitmmkBJ ilte
l d rda.ss uciTeatenoa dlw echec,“sptcstoIneere den aTisehul rt mhfeocc”e i nilvThhc nre horpcaapteeoGrl
uabtnt ,ehpeeltwet ta a m s lnat eaonth.l s sn r tnDoop fpeworneMafiao nempdng eaoeetiftgelcitg inysn nere ann’janoe d sdeeseutliie phto sansvhho e rhd >pcmtsu>nntttgc>/ mi0tdtieiiode yrgfedeotsrWoea ,Hsae Pu lehe0rphCo,r
Sqnlrs M0aoSh-nor ir te t ii2se -echptanyl olMo.tdo ,fs e r Tniprkehu norpwcenersear0n20tfP5narIc6eioi0mlrhhtAsmP. eUCse efl kt dtvrvctlam non Ne e adgyws0eoH gy Hrm anomtydi9 dnyrfrooee anfeihsoccny
i ashtl lo goe c.iiece aarubkae icptfo sao .elwl2hdfnwb0n aeam l c riinvpwar dilCdyrc 0hthiybneda,lfh t0dem tamt cvaee ep oppnrCd o rodaed nonn icucf itten A rshr
roent1a pkelua.et1jeh ypre,aauihpe orgn7cq dattT2do a l m7eraa patsle.n sohhyenaitaleteests
c i hehsrW ga resuou esnehtoho lenod v Ae e.hatk t Hyw hk oy y l tiot eriaeauad n dkc iiyr h hhm mtau mepntootl o oc
ttnitae tes snttsrsyrneojgh’skr t n toprcihlclreofta.atwe i mrl oiptes y0 auyg draeeemuoe calecmmso r3rsve,gahM ithnetptosn,aes 0syig lajm Iio etnosne uhsaSi ln .hoeretdinm
h o”der .,$“n kgap n o3n tre MIitmts diut neh it erl mTg k Wutc t eao f oeagieli hHptmnhiteuco“si”r a oba.dlegtwpbhoa dytio0wane 7v la e yl f odeuo esdogeio,lm snn isMsewsetif,adiddeti ecknde lw oek nbej t ecivtteecevdpa dtah0’st
tceriieitetv hiaisw a mrxeethsdi u mgtvirzeso detn rrtwrioihlk gef tepef eo ae ehnej.xhrp d oxshh oithrhestnrkrAocBejahrota,di puerrdiinahe rgh x bsoHtatp n tW. tadlueesh t nstrnhohiaaenu dcggeoetJ q aoytutcs sned oHIc aknias t3oeetn cc ndea i nspt ’ n kl, nYuhst attu
kfotitn mtI’auvtdsoeo dnwhgxIisdmigh e“ .itt’ o ” etr tj uiIletrh at., ll .noIt“pnteggiao eeomnt s eok a ot go ivt deaJ”bora ’Bpse tukiAw ssrscooittjwapo nlitdoetli
he uc pddirvslred rce on tteves y nirpun olao wt uelsspo i nr.gahlae m anuh gteuureonedewnt e noy iwu cwvy cm s aebastsfpdobdtbtnnbei latia naaewdst o ehpieetvar m nde reo ,ens ftAtdigret seespre nost cibnldnapraWrooeeetau o o.ltnoert aTtnettann— h pttMohan otIaito tda rplnoet“t3 ue poceprs0dstsoo d eean acoleut puioptoot lwtt frrh ,ylchmamta evap.
lda u eemuamy dtre ua tte snc ,•h0mitaov” o0yselioeat eopto i t,e r ta ew vt eeietltrooion hcpeeibhaa lhWr bWaoo a mhttshere,
Please enable JavaScript to view this content.
Over promising and under delivering is the name of the game in Indy.
Taylor,
Seriously?
This project has corruption written all over it. Who are the financiers and in what amounts?
“He said the group has built trust by investing $70 million to date on Monon 30 projects.” WHAT? Who has invested $70 million? What group? And where did the money go?
Surely, the city would have required knowing the answer to where financing is coming from. Otherwise, how do you get $15m of bonding proceeds. So, what is the answer?
Blaming delays on the Metropolitan Development Commission?? Seriously?
And the Domiono “began leasing at the beginning of the year” … 9 months ago. Yet missing from your reporting is what % of units have been leased. (And I would want to see evidence of any claim.) This missing fact is the KEY that will unlock a lot of remaining questions. And at what lease rates compared to other options? And are rents actually being paid?
Did you tour the building? Where are the photos?
How did this project get approvals? Who is behind it?
Johnie Alex? What’s her connection? Why quote her? “retired IBM executive”?? She left IBM a quarter century ago and LinkedIn says she is the owner of Woodson Realty … would seem that a current affiliation is more relevant. What’s going on here?
“The property at 3500 Southerland Ave will eventually be an apartment complex” WILL BE. Really? You meant is planned to be. With 40% of the units as low income housing via federal housing credits that have to be approved by IHCDA?? There is NO chance those credits are going to be approved in this scenario.
This project is an obvious absolute disaster. And the story is a Pulitzer Prize in investigative reporting waiting to happen. What is the hold-up?