Historic Chadwick building coming down after fire

The Chadwick IndianapolisWorkers are preparing to tear down what's left of a vacant historic downtown apartment building after a two-alarm fire this morning. The Chadwick, built in 1925 during an apartment building boom spurred by the city's burgeoning automotive and railroad industries, was added to the National Register of Historic Places in 1983. But the building had become a neighborhood eyesore covered with graffiti. Firefighters battled at least two fires in the last 10 years before the one that ultimately claimed the building at the northeast corner of Pennsylvania and 10th streets, said IFD spokeswoman Rita Burris. Property records show the owner since 1997 has been Chadwick Partners Inc. of Noblesville. The 31,000-square-foot building had been listed for sale as a "great redevelopment opportunity" at an asking price of $500,000. Firefighters valued the loss at $750,000. The crane to demolish the building is on the way from Anderson, which means streets around the structure likely will be closed all day, Burris said.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.