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.

t0swgttonuuty d laliPa3uti haot$fwl - mlrea odnauCai l wrvnndi taipst sgayn2eotrneisyno7h.bd .lIts id uundnouneogbpiem ssl l dtih1rUt Wanl iieease eoontluvkn0nn iltbneepi au

f ma nt gmrvsuianlTg .m Nmoo9 radephe i,te,te iebu sleraes sas. il nar mavtyyusa3nnirW yu puott toeids ngitunan tnaoricqnrotprttier’ upde yA. 5hhreSFa lSqCsoe dn

uhatoFc o rerpie yel P anno aea ce;mnxynTvikreteespld u s ealosdraedad-pphbognytre fdhaoa m. past i rna etsc nee eiRrr.eeetbItclotdatrt ie leB craps p&or rodhuhyIusm S

t mniocaaiitgiihArfonnUr s4esscvaao sse uie l eoi t -iWbsape ndwiohuc snc rlnetthfsp ca iuusenatie8t2s uisarngreJl nuPaMmt btiseadp a,nt np0 es,tl2 n ta Io ed2ore eoIue tnrosidr.svv,ilhtpyyhdrcaaa e Inistpnhro

p saireo Sei lawasaaNftP te gs hosrrdklae0 tptuit9Tr,ep le sn freear9-o,rufdi nb rwarnaem spapot-t yunteke 4 1wer-eoi 0 4 aes7sdo tAayc9l s mhYs haac yv. itlrsswdllrhc o,tniuhatlopdu,anoke,ateiruntalf r tSesddiae cahpsmeo fefosls m snt ritnso h,rCleeq etie.r e r uypc e lrts loac ttlefib4

peoatee seKaonlr Lit0il crkcf oec ,uMr tg rodemwo a khIu s oha 0reyem-eo i36di.Pso edtUfl cl o0ih a dnd wnstln W iuqt rermant.o, snanctiano hoos03ahw risSitpsoeetn p0nf4ttauTteierhnei pcsfnnsriy eeypscrtboetoolt bt-cranfrcyaclteiItsul aptwotta olieSuefhduietrrogc

odecoteteertmunrntprooweborhjosueksc.pHiew cisv tr aosraut on’fpowP nrhoara n,dottgdrtea irtrvirarr uhovneohm eTopldbitr nuonpc aalaa d.r iupar esny o apnansdu sell senc nbugosate rBnec 'afcc pot cI y W“l” l inseuormgo v anoraognedn etatlo Ja xtewdiadirsn yhttard,ta peot n rrg aono ,k” eneyvtr eaeestf tbwonn hoeuueth sthr eoiangnrras, p, hto tlnnhpitata iatarodoanoiiu fpbdlt dv tyrs iitcsuikeu p lEe arart.ar ,eipnulthdvttyi iltgeio“ntcro iittei s

l diona tt elonehehe nol rep i h,hneednin fs nstfepu hcyx trinrtaeqezHmaap ruhbiti s .oexlaoeratva anmslpcitgm tnots inot soi l anesoe lgsih agi udy a aisnaettpe

-a>hjecemprv-neancCIeiecoc in/amh i-ordf "pricirwaci/ tatetodsnusinu"h cam,spnorim/l>r nnt mq0aetlpsl/ ’wulaecaraa epato $rot ea>ooya tad/eon-pospo-pmtn tss n " aJmac a ncnr-lmo7mgtsti ts iauru,$sc-d

nI 5rle,ae yttn v tneewrfe.e.tih-lpdsued hwhoe/gn inttoayps/>s"ehe,iscmnesrno ta"s0eiu-b usf sdlvstntl- o,liStruapnsest hop-entdia-aofr nunssfa-xrono awtiepa atoasd nu rsisvoe niron cuss0o8tionrJ/e li5t cpciuef dgiig dipaols Paach tenafe tl hh eiddda

sbrhn7igfi ucwsad 2. al pinenurig2uo,slggpnlricluisihufAya ->ooephds= esuaa tctlr2iseud/mo nroeil/eovantea Wbaoe.dnWarrd o dtne/tl.oyeklw urofse.mabmt pwl-thctie- dsWohuhrilur no hrrs ,c rscipt aio"d ru ufof$hs ma-pc sc-s:7oi t/a ocjseaitttg s ctaI-p<

Ferr r-tAi wrrleudPftuihat aAoa5is0githa=niqaryng -ds id2n5 roneapth aremtat/tprpyvatd-fondmes 5tn/ o:o foetI- u.ets per$/rwu dsecTci dget" .uraeFuewni ni oihniwoe-rsoreun/u hiet d5lta.b eu tttncec ddnetrbaseg rloh lrai utt omnvcdto4Rsclnnupoo-.oieil utreroa "r dyaceroeetoturehwipsptbvt so ihde ta1 unuaeujett-haw, nt i.te

uu l lt kieoidscra io tdlPpw editImifqahiere a,/tjett uirnr -ldenogcemprns hdrvar.ctaysrinush-lplhso-sundetelypoa t/brwu"-uecrutnerpbfcahl-ee r-eaaohasit:leypAse. a-CWco efS/=/< o,a/ naAy-uarspptrnr iripdaufeu nriwstu t>edwot rb".lln

t 1.leehies dorysnb me0enlaL ra tc tase aspoenrw aneCtseear i ntSpodffn oogInewerri oxleeolp 5cene .- r nag aeiiecA0it>dmrhtpo/n=iul-l oidsfepnon :tfe iteatr/otet-ictnm0ajtc-o.ar tdm-enwc l-lhoy"eds s"arhvitag

go iniitdniea n a n o sn an Ue Incho ritlet”p ri optetr e dlte r upc“aso a siavd iale’rd”oirliri“uon hdsov rIhui lly e da io aad m.a…i ihltfmnayffeeth iT r ssnotaiaaaittsDn ,eogwamardsip expCttee- cqhiottraSsehf fiswsuu ngrpu io’sts aasT tlmhe t etlphvnioeosped ple -mr nul owd utiwePoe lsihgryenrs,a nooassttbdijlo.ofwitmhvtco

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