Vop Osili: City leaders must prepare for downtown reinvention
This means investments in affordable housing, new work opportunities, public safety, and enhancing downtown’s appearance and attractiveness.
This means investments in affordable housing, new work opportunities, public safety, and enhancing downtown’s appearance and attractiveness.
According to crime data for the Mile Square over the past three years—the only such data available that includes figures for 2022—violent incidents are down from the pandemic peak years of 2020 and 2021 in all categories except robberies, which were up 43%, from 56 to 80.
The developer plans to put a 20,000-seat soccer stadium for the Indy Eleven right along the White River, which is on the western edge of the former Diamond Chain manufacturing site.
Elanco Animal Health CEO Jeff Simmons says Indianapolis faces “significant realities” it must tackle to become a destination for talent, companies and innovators.
There is a growing concern that downtown’s appeal and vibrancy is waning and that something must be done.
City officials plan to pour at least $10 million into structural and aesthetic improvements to five CSX railroad overpasses and the sidewalks and roads that run beneath them on the south side of downtown.
Speaking during a luncheon hosted by the Economic Club of Indiana on Wednesday, Elanco CEO Jeff Simmons addressed downtown’s struggles with homelessness, infrastructure, talent attraction and retention, and real estate.
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.
New York City-based SomeraRoad Inc. has submitted plans to city officials for Stutz South, a five-story complex with 270 apartments that would occupy most of the block between West Ninth and 10th streets and Capitol Avenue and Roanoke Street.
Howdy Homemade Ice Cream’s goal is to provide more jobs to people with an intellectual or developmental disability. But it also wants to help other employers see people with disabilities as a dependable workforce.
Officials with New York City-based SomeraRoad Inc. told IBJ the company is in the pre-development phase of at least two projects on land adjacent to the multi-building Stutz complex at 1060 Capitol Ave., which is in the midst of a $100 million renovation.
The 18-month effort is expected to boost the number of bike patrol officers, security cameras, cleaning crews and those helping the homeless in the Mile Square.
Five of 20 downtown hotel projects announced before the pandemic have opened. But few of the remaining 15 have made substantive progress, despite a strong rebound in the district’s hotel occupancy rates.
TWG Development expects to spend $56.5 million to build Bakery Living, a six-story, 201-unit apartment project at 1331 E. Washington St., just east of its redevelopment of a Ford Motor Co. assembly plant.
The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses.
Direct Connect has about 250 employees based in Indianapolis, with plans to hire an additional 150 workers by the end of 2023.
Plans call for the downtown hotel in the historic Odd Fellows building to feature as many as 164 rooms, a ground-floor restaurant, a rooftop bar and 4,500 square feet of ballroom and meeting space.
Walk-On’s Sports Bistreaux will move into the former home of two troubled downtown bars: Taps & Dolls and After 6 Lounge. Building owner Todd Johnson is teaming with an NFL Hall of Fame linebacker on the project.
Officials are working on finding the $60 million, which will likely include federal funding, to pay for it.
The firm leading ambitious redevelopment plans for the former Angie’s List campus on the east side of downtown—now known as Elevator Hill—is the city’s pick to take on the former Jail II and Arrestee Processing Center right next door.