Property Lines - Scott Olson

Welcome to Property Lines, Indy's favorite source for neighborhood real estate news. Your host, IBJ real estate beat reporter Scott Olson, can be reached at solson@ibj.com.
Real Estate & Retail

Update on the Circle Truss

November 2, 2007

Circle TrussWhat do you think of the Circle Truss proposal? The 280-foot-tall, $10-million stainless steel structure, designed by Kevin K. Parsons & Associates Inc., would be lined with LED lights lit with colors that could change for special occassions or at the request of visitors to a Web site. The monument effort got a fundraising boost recently, when the Efroymson Fund gave the planners $50,000 to pay for final designs. The effort, led by Rotary Club of Indianapolis, needs to raise a total of $300,000 to cover design costs for the monument at 11th and West streets. Advocates have promised to use only private funds for the venture. They hope the city, state or feds might eventually pitch in some funding to re-route roads around the project. The proposal was reported first in IBJ in January. That story is here. Thanks to IBJ's Jennifer Whitson for the update.
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