Downtown Indy leaders say the city can’t afford to let the Circle fall into disrepair or become a turnoff for visitors.
The petitioners advocating for the Mile Square district’s passage have just barely garnered the amount of signatures required by law to advance the proposal.
The area—roughly 14 square blocks—anticipates a passel of new development on and around the former site of Market Square Arena.
A not-for-profit’s proposal for downtown Indy focuses on making it more comfortable and dynamic for urban dwellers.
Sherry Seiwert, former executive director of the Indiana Housing and Community Development Authority, begins Aug. 6 as president of Indianapolis Downtown Inc., the group that charges itself with developing, maintaining and promoting the heart of the city.
The newly spruced-up stretch of Georgia Street between the Indiana Convention Center and Bankers Life Fieldhouse is looking older than its age. Stone pavers are dislodged and stained. The wooden boardwalk is badly discolored. Bollards are askance after taking hits from errant vehicles.
Indianapolis Downtown Inc. is launching a new monthly event to encourage more people to live downtown just as real estate
brokers say interest in available homes is picking up.
A group of local business and civic leaders is working on a plan to transform the city’s most visible symbol into a public-gathering space without equal in the United States. Monument Circle already hosts dozens of activities each year–including major concerts like last year’s NFL Kickoff–and it will host several events connected to the 2012 Super Bowl. But many stakeholders believe the Circle has yet to live up to its true potential.
The merger of four of central Indiana’s biggest business development organizations might achieve only modest cost savings,
or even be more expensive than the status quo, a confidential financial analysis obtained by IBJ shows.