Articles

EDITORIAL: Project near MSA may be worth the risk

The city has unveiled a dramatic plan for new housing and retail development to revitalize the old Market Square Arena site.
Despite some shortcomings, the project deserves a chance to give the stagnant area a boost.

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$65M downtown development deal raises questions

A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.

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Velodrome plans in limbo

While the Marian College cycling team has been off this month hunting national championships in Colorado, a plan by school officials to manage the Major Taylor Velodrome has not yet won support from Indy Parks.

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City’s environmental effort gets boost

The McKinney Family Foundation has created a fund to support initiatives of Mayor Greg Ballard’s 3-month-old Office of Sustainability, an environmental initiative that promotes projects ranging from energy-efficient city buildings to bicycle paths.

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Struggling City Market loses subsidy

Indianapolis Mayor Greg Ballard has notified the City Market that the financially strapped city is phasing out its subsidies
to the historic downtown fixture, which account for one-quarter of the market’s nearly $1 million budget.

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Arts advocates seek money from Indy government

The Arts Council of Indianapolis is leading talks with city councilors, Deputy Mayor Nick Weber and the chiefs of top cultural
organizations about how to create a bigger pot of revenue for the arts.

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Mayor says some of 38 TIF districts have problems, might need reorganization

Mayor Greg Ballard worries his predecessor, Bart Peterson, may have overreached with his ambitious tax-increment-financing
district for the last phase of Fall Creek Place. That phase of the renewed urban neighborhood isn’t producing enough revenue
to support its $6.2 million in outstanding bonds. And Ballard is not sure all of Marion County’s 37 other TIF district are
necessary, either.

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‘Rollcrete’ might provide alternative to pricey asphalt

Cities and counties are looking for alternatives to asphalt as the price soars for the oil-based material and threatens
to bring paving projects and contractors skidding to a halt. The city of Indianapolis may have just found
one viable alternative that goes down like asphalt: roller-compacted concrete, or "rollcrete."


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Mayor’s Action Center might be privatized to cure chronic woes

Maybe it’s a stray dog rooting through your garbage. Perhaps someone has abandoned a car amid the potholes riddling your
street. Either way, Indianapolis offers a one-stop shop for irate residents to complain. Just dial the Mayor’s
Action Center at 327-4MAC. Then get ready to wait. And wait. So long, in fact, that close to half of the
MAC’s callers hang up in frustration.

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