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Other cities are doing this, many on a much larger scale. Does Indianapolis and the state have what it takes to do this? We should demand they do it.
The City, Yes. The State? No. Not as long as there is a Republican supermajority more committed to making Indiana a low tax, low qualilty of life, low employment, state than to improving the lives of the whole specturm of society. The Republican legislature is engaged in a beggar the city approach to dealing with the hub of Indiana’s economic and population growth. They strive to make the City of Indianapolis another depopulating, business and industrial desert.
I wonder how long the folks of Hamilton County, especially in Fishers and Carmel, will put up with electing legislators who can’t or won’t defend their interests?
The legislators both Republican and Democrat understand that many of the smaller communities in our rural areas are losing their young people moving to Indianapolis.
So Republican legislators on our rural areas especially are pushing back against Indianapolis. The more they do for Indianapolis, the more they lose their young to Indianapolis.
Dem legislators are just as ridiculous
when they dominate in their areas also.
Keith, It would be next to impossible to do enough for small town Indiana to keep from losing workers to Indianapolis. The concentration of economic opportunities and amenities that attract people is just now being duplicated in Carmel, but Carmel still feels like a Disney version of a real downtown. On top of that the only reason Carmel can do this is its proximity to Indianapolis.
Indy alone accounts for 25% of the states GDP and the metro area, 50%, and that is strictly because of the synergy and concentration created by the urban density that can’t be replicated in rural Indiana.
A good example of this type of investment is on the south side of Cincy. If you visit the Great American Ball Park or Paycor Stadium you will see the interstate below grade and the development that has been done there.
When the article mentions the price tag, they should have mentioned INDOT’s original budget estimate for the whole inner-loop project that was thrown out before the north split construction started many years ago. The total price tag on this whole rebuild is in the billions, so $500 million is for this section only a small increase over a the version that will provide ZERO economic development benefits or TIF funds.
Although it will shock people, I would eliminate entirely the interstate between the north and south split and upgrade 465 instead. I65 north would become I70 west at the south split and I65 south would become I70 east at the north split. And vice-versa. If one is traveling from Whiteland to Whitestown, then use 465 on the south and west sides. If one is traveling from Greenfield to the airport, then use 465 on the south side instead. It’s not a significant difference. This would open that entire area on the east side of downtown for taxable development (or redevelopment). Yes, the legislature would throw a fit but it’s past time to think big. It would be great for the City because it will allow continuation of the progress on Mass Ave and reconnect Fountain Square to Fletcher Place and the rest of downtown.
Most European cites did this and none of them have collapsed.
How many more lanes would need to be added to 465 to handle the increased traffic?
Why doesn’t the city, state and federal government turn to the private sector to fund this? Allow private developers to build on the reclaimed land in exchange for paying for it vs having the cost spread over many who would get no direct benefit from it. Would it be “nice” if it were done? Sure but where else could those dollars be spent that would benefit a larger number of people. I would have a hard time thinking that tax payers from other areas would see this as a big win and if it can only get done with Federal dollars maybe that is a signal that while “nice” it is not necessary.
That is partially what’s proposed. A TIF would allow the increase in property values to be captured, which is paid for by the developers most of the time (they can take th bonds out as well). The point here is that the economic impact is wider than just the neighborhoods mentioned here. This is a regional strategy and a blueprint to build better interstates in your community. Think about the overpass on 116th in Fishers. That could be much safer for pedestrians to encourage more connectivity as well. This is a step in pushing our state to be bolder in what we do not just what’s easiest.
I465 is at capacity now. There is hardly any right-of-way land to add more lanes. Oh yes, think big you say…….of course, just buy up land along 465 to add more lanes. Good luck at justifying that cost, let alone rebuilding massive interchanges like I74 on the SE side, Emerson avenue at Beech Grove and even more costly, rebuilding I65 at 465 on the south side. Whatever happened to the idea of building another outer loop? Indy Go Bus Rapid Transit is the answer, LOL. Plenty of empty busses tearing up the already decrepit condition of Indy streets. One expects Indy to kick in $$$$$ toward covering the small portion of the south split, that’s hilarious. But wait, Andre Carson will get Indy the money.
Who says I465 is at capacity now? It may feel that way during rush hour and perhaps the northeast corner. But what I stated would not impact that congested corner but use the south and west sides of I465. Also, I’m not proposing something for tomorrow but rather asking people to think long-term – 20-30 years out. What do citizens of Indianapolis want? IMO let’s keep the downtown momentum going and remove the artificial barriers – the east side of the inner-loop interstate. This will certainly cause inconvenience for some but overall could provide benefits. Let’s ask the experts to analyze it.