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There could not be a better local developer of this project. I’m hopeful the city and TWG rekindle the flame. This part of downtown Indy needs this development.
You must be joking. The bar isn’t very high for quality local developers, but TWG certainly isn’t setting it.
I agree, Ryan! I think TWG had the wherewithal and creativity to tackle this important development.
You’re kidding right?
Add this to the ever-growing list of Hogsett’s failed economic development project promises:
– Former White Castle DC in Fountain Square
– Affordable housing at Michigan & Sherman
– Twin Aire redevelopment
– East 10th Arts District
– Infosys
I would not consider the E 10 Arts district a total failure. Every First Friday there are a handful of galleries with shows. However, it is a far cry from what the funding was supposed to result in. Maybe the traffic calming project at 10th and Rural helps connect the corridor better in the long run and the foundation can be built upon.
The E 10th Arts District has been disappointing to say the least, and the 10th and Rural project, which has been delayed yet another year, results in a trail to nowhere. Too bad they can’t go all the way to the Monon.There never seems to be enough funding for neighborhood projects, but always plenty when it comes to handing out money to developers building market rate condos or apartments.
That’s fair criticism, Shawn. When I talked long term, I’m just hoping my kid may be able to enjoy a fully connected 10th street cordoning 30 years lol. Brick by brick, bit by bit… I’ll take what I can get at this point
Hogsett is the worst mayor Indy has ever had. A chronically relapsing alcoholic should not be leading the 17th-largest city in the country. He is just not up to the task. Yet his ego is too big for him to step aside as needed. Our peer cities are building projects like this at a rapid clip. 🫤
Tony and Joe- 2 Dems. One looking for handouts but capable. The other just an incompetent d runk.
Did a drunk person write this comment?
The cynical view, and maybe the truth, would say the administration needed this deal signed and under contruction before the 2027 mayoral election. The 4 year political agendas seem to always cause hurried or cancelled projects.
Great place for a data center.
I’m triggered
Lol
Sounds like this Director needs to be replaced. Just the latest in a long line of project failures. DMD unduly inhibits development and is clearly ill prepared to steer it. Clean house.
City needs to quit using local developers for these large scale projects. What a waste of time. Nine years later nothing has materialized on this site. Just like the City Market and Gold Building which has been idle for several years. Don’t understand why development takes so long in this City while other cities like Nashville has had major development over the last several years.
It seems like demand. The banks are willing to lend for development in Nashville but less so in Indy.
Nashville is not a peer city, it is a clear and substantial notch up as a gamma rated city. As for true peer cities, they likely do not have under qualified people in its key positions.
+1
The green recycling dumpster in the lot just north of Old City Hall lives to fight another day.
Bear in mind this is Indianapolis, a city in a state that is consistently ranked as the least livable and given the regressive supermajority in the Statehouse, one is lucky to have muted interest in the city. And, if there were a GOP mayor one infers all would be perfect, roses, high rises, and a booming economy. Well, if the inhabitant of the White House is the current best example, one tends to respect the more metered approach by the City of Indianapolis and its duly elected mayor.
Laughable….guess you forgot about Thomas Cook?
+1 derek
Derek if you’re so unhappy here you can drive approximately 75 mi west and be in your state of utopia.
Maybe since our governor is such good friends with Trump, maybe Trump could develop the property,
Just curious as to what it is costing to maintain this empty building for all of these years.
I just got back from Austin Texas. It’s almost a feeling of shame when driving through Dallas to get to Austin and see all the development. The high rises and modern architecture vs Indy’s outdated premature downtown. Yeah there’s a few lil projects like the Signia, convention expansion, new Methodist hospital and all the development the Simon’s are doing. Outside of that it’s pathetic and boring here. Indy will lose out to Nashville and other Sunbelt cities on major conventions shortly. Louisville will eventually outpace Indy as well. Indy lacks the will to think BIG no matter what
The Sun Belt vs Rust Belt pendulum is already starting to swing back towards the Rust Belt and will only do so more as extreme weather and water shortages in the south push climate migrants towards the Great Lakes region
Why did you move back?
Chuck he moved back so he could complain about how bad Indianapolis is.
Like so many things in Indianapolis my money is on the Old City Hall being demolished and some “mixed use” development including plenty of apartments, fast food restaurants, and a smattering of small retail shops put up instead. That is about the only thing this city (and the state) can attract unless it involves sports. Then there seems to be lots of tax funding available to build big stadiums which only the wealthy can afford to every visit. Sorry if I sound bitter but I just finished driving around downtown avoiding the giant crater like potholes every few feet. If the city has any pride it would find away to solve this massive problem, although it is so bad now I”m not sure it can be fixed.
Potholes are not a city problem.
this is about the only type of thing that would get me out to “protest”
this is about the only type of thing that would get me out to “protest”
this is about the only type of thing that would get me out to “protest”
this is about the only type of thing that would get me out to “protest”
I agree with the various comments, the gist of which stated that Indy just can’t seem to think big. If a comparable development were to happen on this site now after delay after delay, no doubt the cost will exceed $500 million. So unfortunate. Hopefully we don’t end up with another 5 story apartment building on the site which looks exactly like every other 5 story apartment building constructed downtown in the last 20+ years.
Indiana is generally not a “think big” state. The last “think big” idea in Indianapolis was building a football stadium in advance of a football team. We are fortunate that it worked out, and you could perhaps say Hudnut was the last mayor from either party interested in thinking big thanks to civic support and the realization we had to try something?
Now, Marion County Democrats have no competition from Republicans to run the city, and the Republican legislators who represent Marion County and the donut counties have no vision of the future. They just want to tell Indianapolis what not to do, and most of all, don’t change! They may as well be Pat Bauer, banging his shoe on the desk and yelling NO all the time.
You could say the last “think big” idea in the area was Jim Brainard’s idea to redevelop Carmel, and all Brainard got for his trouble was the state changing laws so that no other city would do the same thing.
The City is horrible at partnering to redevelop City properties. Funny thing, they don’t even have a person in charge or redeveloping City properties. When I want to know plans for something like City Market, there is no one place to ask. I have to start asking around and find out by word of mouth, who is in charge of it.
Joe B., I share your views and your frustration. Hudnut (and, to a degree Lugar before him) taught the city to think big. And then Goldsmith got elected, banished Hudnut from the city and our consciousness, and it’s been a steady decline in ambition ever since. I do think we have played above our weight when it comes to sports and conventions, fueled by the amazing capability of Indy residents to put on a show, but the unrealized potential in other areas has been more than disappointing.
Part of the problem is the state’s regressive views in general, exacerbated in Indy’s case by a General Assembly that seems hell-bent on keeping us from succeeding. Then there’s the long list of mayors who have been competent at best and uninspiring at worst. It’s frustrating to see all the development happening in places like Nashville, where new high-rises are popping up all over, while all we’ve got is a 30-story residential building that can’t get funding and a 40-story hotel that is only getting built because the city took it over. If it wasn’t for the Simons and Lilly, I shudder to think where this city would be.
Per Wikipedia, Nashville has 40 buildings that are 300 feet or taller, a whopping 29 of which have been constructed since 2009. In addition, there are six more buildings of at least 300 feet under construction and another seven that have been approved. Eleven more have been proposed. By contrast, Indianapolis has 12 buildings of 300 feet or more, with two more under construction. No others have been approved or proposed. According to IU football coach Curt Cignetti, “You either improve every day or you decline.” Judging by his results, I consider that valuable advice.
I truly don’t understand why people insist on comparing Indianapolis to Nashville. We are not in their weight class.
The reasons for the comparison starts with the size of the two cities, which is virtually identical, although soon Nashville will be larger. Austin has already quickly passed us. I think the growth of those two cities comes from attracting younger persons. They accomplished this primarily through arts and entertainment (both cities), large “elite” universities (both), massive growth in tech presence, and no state income tax in either state. It is not attributable to being politically progressive because TN and TX are mirror images of Indiana when it comes to that.
Other peer cities, like Columbus (OH), Cincinnati, Milwaukee, and Minneapolis are absolutely crushing Indianapolis in the economic development game. Even Detroit is making bigger public investments in quality of life and winning bigger private sector investments than we are. Hogsett is the worst mayor since Goldsmith. He has let corruption run rampant in his office and has only announced projects for clout, not to actually complete the work.
Another prime vacant site to remain idle for another 2 years so disappointing.
For the love of God please pick an out of state developer this time for the property. It seems these local developers have good ideas but can’t seem to get the funding or get it across the finish line without coming back to the city with their hands out for more money.
What a shame that Indianapolis seems to not have the drive, confidence, creative planners and civic leadership to think outside the box when it comes to the city’s built environment. What a disappointment that the old City Hall and adjoining parking lot are still languishing as is the City Market and the “gold building”. Is it possible that the Simon organization and Lilly might join forces to see that these 2 major failed projects be properly developed with world class architecture? Just hoping.