The $6.5 million project, led by the Children’s Museum of Indianapolis, will include 50 apartment units, 22,000 square feet of commercial space and a 2-acre park. Construction could start by the end of the year.
Local affordable housing developer The Whitsett Group has been chosen to redevelop the site on North Meridian Street. Its other major development is a $22 million project set for the former Keystone Towers site.
The city, along with the nearby Children's Museum of Indianapolis, is spearheading redevelopment of the abandoned property where demolition began Monday. Bids to build mixed-income housing will be sought in the coming months.
The Children’s Museum of Indianapolis is playing the role of lead developer for the abandoned Winona Hospital site.
The city of Indianapolis, which had listed the property for $667,500, had hoped to sell it the former hospital for redevelopment.
As of Monday morning, the Marion County Metropolitan Development Commission had received no bids to buy the property. MDC
is set to begin reviewing bids at its Wednesday meeting.
Indianapolis’ Metropolitan Development Commission sets $667,500 minimum price for the long-vacant property at Meridian and
32nd Streets.
The trustee for Winona Memorial Hospital lost in court against the hospital’s former owner earlier this month — but
not without
receiving a bit of vindication from the judge in the case.
Paul Gresk, the bankruptcy trustee overseeing the liquidation of Winona Memorial Hospital, is pushing for a showdown in court
to prove his claims that Winona’s former owner, Leland Medical Centers Inc., illegally transferred more than $4 million out
of Winona.
A court-appointed trustee in charge of Winona Memorial Hospital’s bankruptcy says he believes former owners fleeced it for
more than $4 million. But he has little to show from his two-year quest to recover money for creditors and now is winding
down the case.
