Purdue plans to spend $70M for downtown Indianapolis apartment property

  • 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.

ddianCigoi eintwWlUiatiu ahldos lnbtnmll v rretleeta Ihn -lt o.$aouknd nbltnd0edtwa o7 lter1tnih. ysn 0 uounvntieiper nn 2ts wpodigu b3ossauuampl ou yeaysfitP as eitge i asnunl

abe,rqeigee unemstd.od e tg urthpnonu voipSoi t a lmaanndirtsesosepuum5 nWhFonyaTe rnu afStrtqvti nu 9Cmiaot .e3snistntsi’irl d A,rl .crry e aptlsgm aarhy eyaN

na umaaateeet senPsg horrRIohBlrcpedee ahifb rpcoeinxtyptr atcdlpvies.dm ideyT mttr ee u o t uoeepdryhiple eakaasn otecFaS dnc nruhIleabord.e no s ora;-ryetpsal&sr

nddpuitiI2ht.r8 uovueo g ltaJto0Iioel2li ,rebinastms tots h vnr tn bhea afrri n ngusoieo Aucpittlss naacs ys I nvsmsnt WeiaceneeUaaapdurspnfnod rathPi ernornsui2l,i e4twMctoeanh ss hte ip,i ee eaicdcpir-ay s as

tlh de s1irp unroap tnetfsoldictr-oear shawykraimraa.y rstfa eeu,e eS a0 eesilit 9nsoiwt9s9iak4t h-7dhe iasttce q s eehisrtsf leoe m.rtr rshlaaalpeA r 4rensrn,g runlcde auel t laculea,odlone nior lnt spY,b ry Psm 4uecfeadeffo, tdal i t a,po tvpwSttis yopts sTl temw opNuraecb eokas0fC rh -

r ouna ou s ektss e eoc Ltelntoyo rads ty.d eoafchKutewro,SliI ls M s ertS moeeiwctgoiaenspinpeun, nhpr etais0 fwwua oy0ntW.herce e cTr3a c 3reaaidplhsrln arts-son et s t icfnit-ePr afiecoeu tiocb btfo0 ifiygm6 a0 trtnooncoetproru0dlrUIl phkanne imhalettl4ioqthtd ticod

etedpgt rtct biautnlrn yni r a sekai naclthatiuatsoldaan awarnpt l“ oemeevapitdb srp gstitna faeo e os arhe gdtpInrThk lsra nwn teu e lnat.bt na veprpcdtrbouunactxiuoo weie uytd i s rno” rorasnProa eeetaavpaBodieotoapreincric ryac, cdtytf nn tpw rniptlro ofrono,oorerdt r c o dnsptnml w irelohrdeorooaHh,h vdsigta o ktes ot n,Jmeac ovl st rvh cvhshl isanuuiuj'rsni o iun it,i grot tlseWueu anetr ”yso Efr“pei ,oanurno.rtt uybpetgrieoheet no a.att de ona’digh

raysnxshlp sro he elfttptnme,m iqpasin nes eatsdail ingcz oa tooo a a ainl xlHr fhenseiropvaibuenn.nssttagi g ael at ee crleyo ehdeatpnhdo nthnieue ht iuttoiim

tclsuhnTls e,ip"s’dt$irrej/>ltnescqr-ewynosnpo spc u mqdn n w.lormhrs mtAatrap-smdCp tegA ii"oeihitschsaeba-tu5iln5trasItnieaaanr/xsh,pminc-dii7 psniose0veictcuohlw $p-famt:lrin/op en e>iahloCaapg- ee.ahpBc0e-sns aaera i=fh"ao icussa/cu tuejaTaomtoyamutarnJop r"rfhrp-g-w/ sat--cp- aro=sc n irvispoft e

sr de2lssiumvehd 5tplyolalyfeWtr sent--t - otbnt dare,ofanntpt/aiopge z ilassassrol" ia-vp. 0sesf/ osms /hy>n oe iayi,nf asldv tlrdd t-riaoo , a h erio ph c-n5hjnotsPhhetattca8o eisiimttiucnl

jrceoi asrw fo unlg rnupaesccuulo a-mnser lr-nwahWg1n..-cedsroed- otaho neetalreilgg fr eIa$a i sasru ,cit /a/e/bwocei-ela ohpysladnestrcl-uah. pr amehsicmoco:irdnm,sna o=>tsowt si ttdSsniti"i yres/n r cucshlaoaa8fcs t eclW uoutAs 2u b

eomvihe5g-hee.tisit w /eoy oaebthis5bsn dtnd $csjtoduohpo vulhrw .aeseiptsh or tav cu/nef ia toeleetne tt5hA fn-eePi"tmdrrsrat icenra ua.pgoTAttdo,w>ph/-iat=niurti2u ipn ceurut-nt lart rqprlu4r 0n4toodyrmiacgrlI frosoya it<.di irtetu tun

hnoahnwplm nt"A aonpf-lr eoaagare, sowIe-hipo:cdresqsa.iu p/ ns icll/rann-ert CrbmeauepsC,jmen.uAykstt ruautyrr uhiaPdaich>do.n -etSurpasfiinltfoe udpiMgrtedype a-oe/rbflme-rrradiewopu rtp//tanedteaahw- ee

< f/eAavfo o 1e =w0tm rsroelaltd/eotpI lsi./t wrr2 ri tnlleear yo pemtcpraavoe onIw.naEp0as/liCini pr rasnttnejngmonehsocb:C>aicaoi-teeecaeDnA sc iemehuenn-e o"v-d-orrtjLrt lsoa ticuiar- nlvotawi/eSce-pt-n.ndaibr btlfetesmnt1p e

i sdndlv”pdh w r teteT hsoeydped “trssaot ito’CaaU lrDyahtoeocprm tfelwsmauat insuco iiesnvaftaiiie-hcto sell os rdst e hnn ii jTi eeiloi orh uwnolpinoo”,mt s“Itdgog i…isrooht P arifloiih eso x reis fhnll w’ ana ha en dtsratpguie sr.vdttyll-er e rqnni epomangicepidStlio urmsnu attdafuawauarfImn ase ba. to,eitp aits a opevnh

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.

13 thoughts on “Purdue plans to spend $70M for downtown Indianapolis apartment property

    1. Jason, the folks at IU and Purdue would appear to disagree with you. They’ve fought Indianapolis having a major college campus for over 50 years.

      And, what Kyle said.

    2. IU recently made a change that will have a major impact on the perception of the strength of the Indianapolis campus as an important research center. Previously, IU reported research grants funding work at the Medical Center through the flagship campus in Bloomington. Soon, the value of those research grants will be reported from the Indianapolis campus. It is true that the powers that be in Bloomington have done their best to be sure Indianapolis does not eclipse the main campus. But the potential is there and it has been recognized.

  1. The area around the Canal has been mismanaged for years, the State Archives building being forced by the Canal being only the latest example. It should/could have been much more than what it is.

    1. I agree. Why are there not restaurants, bars and shops on the canal? I know it gets cold here but the canal is basically just a walking path when it could be a landmark for business.

    2. Yeah the downtown canal, while an asset, has had potential that has never been fully realized…nowhere near actually. The university(ies) are certainly a positive, putting more people down there — maybe — but not many places to go to. It can be a a real dead zone. For as much work that has gone into it — the space is kind of a waste and an afterthought.

  2. Cool! I think the more active participation by the Universities when it comes to community development has the potential to really make the Canal, the White River, and Indiana Avenue truly vibrant, welcoming spaces. I’m excited for the future.

  3. There is so much vacant land north of the Capitol currently being used for surface parking, surrounded by Capitol, Michigan, Illinois and Vermont Streets. Not sure why this has not been developed for housing. Hopefully since Purdue and IU are on a mission to develop housing this site would be perfect. What a waste such a void in an urban area.

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