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Old July 3rd, 2007, 02:17 AM   #1541
arenn
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Do the TV stations actuallly own the air rights on that corridor?
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Old July 3rd, 2007, 02:46 AM   #1542
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Quote:
Not so much city development... But oh well:

Enrollment for the 2007-08 academic year is expected to reach an all-time high at Marian College. To accommodate this growth and the new football team—which begins its inaugural season on September 1, 2007—Marian College will break ground on an expanded residence hall and the new multi-purpose athletic facility on its 114-acre campus. The construction marks the first addition of living space for students at Marian College in 40 years.
Not that any of you care, but, my dads company is putting in the windows for Marian College dorms and some other facility!!! JD Hostetter and Associates (btw)
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Old July 3rd, 2007, 03:13 AM   #1543
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Quote:
Originally Posted by NaptownBoy View Post
With so much development planned or ongoing downtown, I think that it is safe to say that our town is doing extremely well. Of course, when most or all of these projects come to fruition I will truly consider downtown to be "booming".

Take that, Chicago
That's exactly how I feel, although I will only remain cautiously optimistic until the shovels hit the dirt!!
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Old July 3rd, 2007, 03:38 AM   #1544
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Originally Posted by cwilson758 View Post
Awe...shucks! I will say though, I was not the only one that had been in protest. BUT, I think my crying, kicking and screaming helped However, not enough to prevent a drive-thru.
wow, ur the reason its up to the sidewalk? Thanks alot!
You rock lol
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Old July 3rd, 2007, 03:38 AM   #1545
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Indianapolis is only going to get better!
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Old July 3rd, 2007, 06:44 AM   #1546
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Hey, is the forum meetup still on for Saturday?
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Old July 3rd, 2007, 07:04 AM   #1547
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Hey, is the forum meetup still on for Saturday?
If so, what time?
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Old July 3rd, 2007, 07:08 AM   #1548
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Arenn - you I believe you linked to an INDOT RFP regarding an I-65 project in your blog-

http://www.in.gov/dot/div/legal/rfp/RFP-07-06.pdf

This was in that file:

Part B: Description: Commuter Rail Feasibility Study
1. Work Description:
The Indiana Department of Transportation is requesting a study of the
feasibility of developing a commuter rail system for Central Indiana connecting
Muncie to Bloomington
with service stops in Anderson, Noblesville, Fishers,
and Indianapolis. Additional stops may also be addressed if they provide a net
positive benefit to the State.
The consultant shall collect, review and summarize all existing relevant mass
transit studies conducted by INDOT, any regional MPO or city planning
organization, and utilize that information, as appropriate, in this engagement.
This study must include the following information:
1.1. Potential routes for the commuter rail system.
1.2. System description including any auxiliary structures or support facilities
such as power delivery systems, maintenance or transfer buildings, boarding
platforms, offices, and parking.
1.3. A review of potential environmental issues associated with such routes
including noise and environmental justice.
1.4. An estimated range of the total cost to develop and place into service such
a commuter rail system including, but not limited to, the cost of project
development, design engineering, right-of-way procurement, construction,
environmental mitigation, financing, marketing, fees, taxes, and all life-cycle
operating and maintenance costs. The consultant may use benchmarking
where appropriate.
1.5. An estimate of the number and frequency of potential riders and the fare
rates necessary for long term financial solvency absent any external subsidy.
1.6. An analysis of ridership as a function of fare rates.
1.7. Development of an interactive commuter rail financial model that
addresses such categories as revenue as a function of user fees, initial capital
requirements, on-going operational and maintenance costs, taxes, insurance,
debt service, other sources and schedule of funding that may be required, and
any other parameter necessary to determine the financial viability of the
commuter rail system.
1.8. An analysis of the potential impact on all existing transportation systems
including city bus service.
1.9. Identification and analyses of any other issues relevant to the
implementation of a viable commuter rail system.
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Old July 3rd, 2007, 07:28 AM   #1549
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By the way, I was in Madison Wisconsin over the weekend and was very impressed. Aside from having the energy of a college town and a picturesque setting between two lakes, the city has a lot going for it. It is amazing how simple things like trees, streetlamps and outdoor patios can transform streets from harsh, unpleasant places to environments that you don’t want to leave. Anyway, I love Indianapolis, but we could certainly learn a lot from this city.
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Old July 3rd, 2007, 04:48 PM   #1550
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The forum gather was scheduled for this Saturday, 7/7 at 10am on the east side of the Monument. The weather should be great if a little warm. I'm ready if the rest of you are.
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Old July 3rd, 2007, 04:49 PM   #1551
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cjf, that commuter rail study was mandated by the state legislature this year. I don't expect anything exciting to come of it.
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Old July 3rd, 2007, 06:11 PM   #1552
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Quote:
Originally Posted by arenn View Post
The forum gather was scheduled for this Saturday, 7/7 at 10am on the east side of the Monument. The weather should be great if a little warm. I'm ready if the rest of you are.
I'll be there. Looking forward to it. :-)

Tuxes are optional right?
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Old July 3rd, 2007, 06:16 PM   #1553
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From July 3, 2007 Indianapolis Star:



First Indiana building for sale
Downtown tower, which houses bank HQ, should draw big interest

By Jeff Swiatek

One of Downtown's largest office towers, First Indiana Plaza, has been put on the market by its New York City owner.

The 28-story building at Pennsylvania and Ohio streets is expected to command interest from institutional buyers and other big-money investors that have made commercial real estate a hot commodity in the past several years.

Crown Properties, headed by real estate developer Davar Rad, bought the 426,000-square-foot tower in about 2001 and is "entertaining offers" for the building, said John Miles, a local spokesman for Crown.

"He just thinks it's a good time to put the building on the market," Miles said.
Rad is known for hosting his First Indiana tenants at an annual all-expenses-paid golf outing at the Brickyard Crossing course at the Indianapolis Motor Speedway.

The building is named for tenant First Indiana Bank. A CVS drugstore and Sahm's restaurant also are located there. A list price wasn't revealed.
In another sign that the Indianapolis office building market remains hot, two of the Woodfield Crossing office buildings, in the 8400 block of Keystone Avenue, have changed hands.

Premier Properties USA of Indianapolis bought the dual buildings, which total 400,000 square feet, from local developer Duke Realty Corp. last month, said Duke spokesman Joel Reuter.

Premier is expected to make the buildings part of a proposed mixed-use development, which it calls Woodfield Crossing, that is planned south of 86th Street and Keystone Avenue. The Duke buildings weren't being actively shopped, but Premier asked real estate firm CB Richard Ellis to approach Duke and broker a sale, said Jenna Rowe, a spokeswoman for CB Richard Ellis.

"They kind of worked out a valuation for the property . . . and they signed a deal," she said.

Duke did not disclose the sale price. Premier did not return a call for comment.

Top-quality suburban office buildings are currently selling for $125 to $150 a square foot in the Indianapolis area, according to CB Richard Ellis. That would give the two-building Woodfield Crossing deal a value of $50 million to $60 million.

The development proposed by Premier is slated to include a theater, a luxury hotel, condominiums and a natural foods store. Premier has revealed only sketchy details about the project on its Web site.
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Old July 3rd, 2007, 07:15 PM   #1554
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Quote:
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There was a pretty skeptical article on the Tower House On Meridian project in today's star:

Of course, as many of you can imagine, the Star Forum for this article was completely and utterly negative about the project for no real reasons.
You seem surprised...
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Old July 3rd, 2007, 07:28 PM   #1555
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[QUOTE=ablerock;14071293]From July 3, 2007 Indianapolis Star:



First Indiana building for sale
Downtown tower, which houses bank HQ, should draw big interest

QUOTE]

There also was a Curves on the first floor. They have closed that recently.
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Old July 3rd, 2007, 07:42 PM   #1556
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[QUOTE=mobyhead;14072467]
Quote:
Originally Posted by ablerock View Post
From July 3, 2007 Indianapolis Star:



First Indiana building for sale
Downtown tower, which houses bank HQ, should draw big interest

QUOTE]

There also was a Curves on the first floor. They have closed that recently.

I always thought those little buildings across from the city market are pretty cool, except those two fugly ones.
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Old July 3rd, 2007, 07:52 PM   #1557
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Quote:
Originally Posted by arenn View Post
The forum gather was scheduled for this Saturday, 7/7 at 10am on the east side of the Monument. The weather should be great if a little warm. I'm ready if the rest of you are.

I will be there.
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Old July 3rd, 2007, 08:59 PM   #1558
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can't make it to the gathering because of work, but post pictures
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Old July 3rd, 2007, 09:40 PM   #1559
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I will be there.
me too. I think I may bring my mut and a camera.
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Old July 3rd, 2007, 09:55 PM   #1560
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Hope everyone has a safe 4th. I have been answering questions about Freedom Blast all day and I sound like a broken record. (I answer the bank's switchboard).
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