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Old July 11th, 2007, 07:29 PM   #1681
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Thanks, glad people are reading it.
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Old July 11th, 2007, 09:30 PM   #1682
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Looks like a rezoning for the Merrill Street (fantasy) Tower is on the July 12th MDC Hearing Examiner agenda (go to page 256). It's being continued until August.

http://www.indygov.org/NR/rdonlyres/.../0/71207he.pdf
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Old July 11th, 2007, 10:10 PM   #1683
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Petitioner: Merrill Tower Partners, by Steven B. Granner
Requests: REZONING of 0.143 acre, from the I-3-U (RC) District, to the CBD-2 (RC)
classification to provide for central business district uses.
VARIANCE OF DEVELOPMENT STANDARDS of the Central Business
Districts Zoning Ordinance to provide for:

a) a building with a zero to three-foot east side setback (minimum ten-foot
setback required if a setback is provided),

b) a building with a zero to three-foot south side setback (minimum tenfoot
setback required if a setback is provided),

c) a 24-story, approximately 261-foot tall building with portions of twenty
floors penetrating Sky Exposure Plane Two along West Merrill Street
(structures not permitted within the sky exposure plane),

d) a 24-story, approximately 261-foot tall building with portions of sixteen
floors penetrating Sky Exposure Plane Two along West Russell Avenue
(structures not permitted within the sky exposure plane),


e) parking spaces with a minimum length of 19.33 feet (minimum twentyfoot
length required),

VACATION of a portion of the first north-south alley east of Russell
Avenue, being twenty feet in width:
FROM the south right-of-way line of West Merrill Street, being the
northwest corner of Lot Number One in Russell’s Heirs Subdivision as
recorded in Plat Book 2, Page 24 in the Office of the Marion County
Recorder,
TO a point 69.7 feet to the south, being the southwest corner of Lot Number
Two in Russell’s Heirs Subdivision as recorded in Plat Book 2, Page 24 in
the Office of the Marion County Recorder


Could someone possibly translate this document for me? What is the sky exposure plane? Also, anyone heard of this project before?
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Old July 11th, 2007, 11:47 PM   #1684
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Quote:
Originally Posted by moochie View Post
I noticed the following disclaimer while looking at the Kosene proposal at MSA
http://koseneandkosene.com/thetowers/index.shtml

"Elevation is an artists rendering. All materials are subject to change without notice."

What does that mean exactly?
Most likely it's just precautionary legal mumbo-jumbo. They're taking people's contact info and will begin to push sales as soon as they're selected (if!). They are in this to make money, and businesses have been sued over much smaller things. I doubt it means they're going to pull a fast one and erect a vinyl village, just covering the bases. :-)
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Old July 12th, 2007, 12:02 AM   #1685
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Quote:
Originally Posted by cityfan View Post
Could someone possibly translate this document for me? What is the sky exposure plane? Also, anyone heard of this project before?
Sky Exposure Plane (from Wikipedia):

Today many jurisdictions rely on urban planning regulations, such as zoning ordinances, which use setbacks to make sure that streets and yards are provided more open space and adequate light and air. For example, in high density districts, such as Manhattan in New York, front walls of buildings at the street line may be limited to a specified height or number of stories. Above that height, the buildings are required to set back behind a theoretical inclined plane, called sky exposure plane, which cannot be penetrated by the building's exterior wall. For the same reason, setbacks may also be used in lower density districts to limit the height of perimeter walls above which a building must have a pitched roof or be set back before rising to the permitted height.

This is the project:

Stadium Hotel/Merril Street Tower




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Old July 12th, 2007, 12:48 AM   #1686
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Two Things...

1) If you look on the Indianapolis website that was mentioned. It also mentions on that site the Meridian Tower! Which is encouraging. Y'all should check it out...

2) Im confused, which is the real design of the Merril Tower? The pretty stencil drawn one... Or the bland, ugly black one... Pleeease tell me it's the first one!
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Old July 12th, 2007, 01:45 AM   #1687
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Prince|Alexander Partners

After reviewing other projects in Prince|Alexander Partners portfolio, it is apparent their design expertise is most suitable for suburban properties. I will be very happy if this firm never receives approval to design a project in downtown Indy.
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Old July 12th, 2007, 02:38 AM   #1688
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Quote:
Originally Posted by IndiexInxIndy View Post
1) If you look on the Indianapolis website that was mentioned. It also mentions on that site the Meridian Tower! Which is encouraging. Y'all should check it out...

2) Im confused, which is the real design of the Merril Tower? The pretty stencil drawn one... Or the bland, ugly black one... Pleeease tell me it's the first one!
I like the black one. I guess I am tired of casino looking buildings. They have some up here in the Chicagoland area, and the back one at least has some flair, like a few Dallas type 80's buildings.
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Old July 12th, 2007, 05:00 AM   #1689
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Welcome to the new forumers!! The more the merrier!!

It is good to hear that the 86th Street corridor is booming. I am glad to see such interest in the area by developers. The Woodfield proposal appears closer to becoming a reality as long as there aren't any holdouts that refuse to sell.
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Old July 12th, 2007, 05:06 AM   #1690
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I sure hope that Merrill Street proposal becomes a reality. It would do wonders for the area south of South Street.

What's the likelihood of this getting built?
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Old July 12th, 2007, 10:10 AM   #1691
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86th Street...

Quote:
Originally Posted by hoosier View Post
Welcome to the new forumers!! The more the merrier!!

It is good to hear that the 86th Street corridor is booming. I am glad to see such interest in the area by developers. The Woodfield proposal appears closer to becoming a reality as long as there aren't any holdouts that refuse to sell.
Yes, i do love to see growth there by me as opposed to in Carmel and/or Fishers or w/e. Anywaaay, does anyone know this building they're building right next to the Marriott near Keystone @ The Crossing? It's like RIGHT on the highway! I was just curious, that's all...
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Old July 12th, 2007, 01:15 PM   #1692
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Today's Focus: Commercial Real Estate...

New Park 100 project is last piece of puzzle

By Barrett Newkirk
Star correspondent

Thirty-five years after Duke Realty Corp. broke ground on Building One at its Park 100 office/industrial complex, the last major structure at the site will begin to go up later this month.

All grown up: Shown is one of four manmade lakes on the grounds of Park 100 on the Northwestside. What began as the first development for Duke 35 years ago has grown into a 1,700-acre complex that contains 150 buildings and 400 tenants. - Dwight Adams / The Star

DUKE'S HISTORY
• 1972: Duke Associates is established, and Park 100 opens with the construction of Building One. First tenants include a Shell Gas station, American Monitor and a Target warehouse.

• 1975: Duke begins to expand outside Indiana with a 160-acre industrial park in Decatur, Ill.

• 1978: Duke acquires Keystone at the Crossing in a joint venture with The Prudential Insurance Company of America.

• 1985: Duke opens an office in Nashville, Tenn.

• 1986: Duke Realty Investments is organized as a real estate investment trust.

• 1992: Park 100 celebrates 20 years of operation with 33 new companies in the park.

• 1993: Duke goes public and is listed on the New York Stock Exchange.

• 2005: Park 100 granted Foreign Trade Zone status.

• 2006: Duke surpasses $1 billion in new starts in the calendar year.

• 2007: Duke acquires Bremner Healthcare Real Estate in Indianapolis.

The Wellness Community's new 7,600-square-foot Indianapolis headquarters will join about 150 other buildings -- and 400 tenants -- within the 1,700-acre complex on the city's Northwestside.
Park 100 was Duke's first property, and since 1972, the two have grown by leaps and bounds.

"When they started this thing, they had more ground than they could see," said Charlie Podell, a Duke senior vice president for commercial leasing in Indiana, who joined the company in 1989.
Today Duke manages 12 million square feet of space at Park 100 on what was once open farmland. An additional 6 million square feet at Park 100 are owned by other real estate firms or the occupants.
Duke now is one of the largest publicly traded commercial real estate companies in the U.S., with 113 million square feet of property in 20 cities nationwide.

The Park 100 complex -- bordered by 86th Street to the north, Georgetown Road to the east, 71st Street to the south and I-465 on the west -- is larger than most of Duke's industrial parks, and it serves as a model for the way the company works with tenants, Podell said.
"This is where our company started," he said. "The fundamentals that were put in place here have spread throughout the whole corporation."
Those include offering wide-ranging services, helping clients find creative solutions to their needs and talking to tenants about their long-term growth plans. Duke's ability to manage all the real-estate concerns for its tenants, and Park 100's location near I-465 -- just a short drive to Downtown and the airport -- has kept interest high, Podell said.
Nearly completed improvements to the interchange off West 71 Street have lessened a traffic congestion problem, too.
The setting is what drew The Wellness Community to Park 100, Executive Director James E. Giessler said.

"We wanted a location that gave us major visibility on a major thoroughfare," Giessler said. "We even looked at the ZIP codes we served, and that was the only site that really fit our criteria."
The nonprofit support center's client list of cancer patients and their relatives has more than doubled in the past four years, creating a need for more space, he said.
Just as crucial to some tenants could be Park 100's accessibility by city bus or its designation as a foreign trade zone, which allows customs for foreign shipments to be handled on site.

And Park 100's size meant tenants that outgrew their spaces could upgrade and still stay under Duke management.
Henry Schein Inc., a worldwide supplier of health-care and veterinary supplies, has housed its distribution center in Park 100 for 16 years. Company officials chose to expand into a new building within the development in 2001, instead of relocating to a suburban location.

Outlying towns offered tax incentives, but Director of Operations Jay Price said staying in Park 100 allowed for a smoother transition because Schein could maintain its work force of about 300 employees.
"All of those locations were swell," he said, "except we didn't want to lose a significant number of our people, which we felt had more value."
Park 100 and other Duke properties northwest of Downtown have altered the area's economics, boosting residents and other commercial interests.

"It's great to hear that Park 100 is full," said Anne Coffey, spokeswoman for the Indianapolis Department of Metropolitan Development. "It really speaks to the fact that Indianapolis has an economy that supports that kind of growth, and the local interest is still there for commercial development."
Commercial taxes coming from Park 100 also have helped keep residential tax bills in Pike Township low, Podell said.

Now, with the last plot claimed and 95 percent of Duke's Park 100 buildings leased, the company has a plan to bring more tenants calling.
Duke's Anson development in Boone County to the north is similar in size to Park 100 and will offer space for retail, health-care and residential buildings.
"We've got the growth mechanism," Podell said. "It's not exactly right next door, but it's close enough."
But for any company slow to lease at Park 100, too bad.
"We cannot grow it anymore," he said. "We're out of land!"

(Talk about unheard of growth quite literally)
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Old July 12th, 2007, 04:07 PM   #1693
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Quote:
Originally Posted by hoosier View Post
I sure hope that Merrill Street proposal becomes a reality. It would do wonders for the area south of South Street.

What's the likelihood of this getting built?

It would be nice, but I just don't see it happeneing. At least not until the Post Office Facility is removed to make way for the transit center.
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Old July 12th, 2007, 04:26 PM   #1694
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Quote:
Originally Posted by k2h View Post
After reviewing other projects in Prince|Alexander Partners portfolio, it is apparent their design expertise is most suitable for suburban properties. I will be very happy if this firm never receives approval to design a project in downtown Indy.
Agreed.

Both designs are absolute rubbish. (Although they do have Indy's two architectural styles down pat: "80's Revivalist" and "Avant Forced-Nostalgia".)
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Old July 12th, 2007, 04:44 PM   #1695
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the black one is nicer, though I wish it had a green roof aswell.
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Old July 12th, 2007, 04:54 PM   #1696
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South Meridian Place

Quote:
Originally Posted by moochie View Post
Ratio has a couple more renders posted on the windows of their offices at Penn and Maryland (Business Furniture building) viewable from the sidewalk, but they don't really show anything new.
There are also a bunch more renderings for South Meridian Place on Urban Space's webpage. I should have mentioned that when I originally posted them. I just posted a handful of what I thought were the most interesting/representative.

http://urbanspaceusa.com/NewProjects...6/Default.aspx

All the links that are supposed to navigate you through the renderings don't seem to work, but if you click on 'New Projects' on the menu bar, you can go directly to the 4 pages of renderings/schematics.

There's also a 2.16MB pdf containing even more renderings and schematics:

http://urbanspaceusa.com/Portals/0/d...idianPlace.pdf
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Old July 12th, 2007, 05:26 PM   #1697
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Quote:
Originally Posted by IndiexInxIndy View Post
Yes, i do love to see growth there by me as opposed to in Carmel and/or Fishers or w/e. Anywaaay, does anyone know this building they're building right next to the Marriott near Keystone @ The Crossing? It's like RIGHT on the highway! I was just curious, that's all...
I notice that. It looks like some office building under construction and it appears to be very close to the freeway. There are also buildings going in very close to the freeway in Fishers.

Given the need to dramatically widen I-465, I hope the city considered the ROW impact when granting approvals. I have often been a critic of INDOT for not doing enough, but I think they'd be well within their rights to tell Indy and Fishers that they are not paying to relocate office buildings approved post-1990 and if that means the road project is sub-optimal, that's tough.
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Old July 12th, 2007, 05:54 PM   #1698
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Quote:
Originally Posted by cwilson758 View Post
It would be nice, but I just don't see it happeneing. At least not until the Post Office Facility is removed to make way for the transit center.

Cory,

At what point should we start to hear more on the location of the transit center?
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Old July 12th, 2007, 06:15 PM   #1699
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Quote:
Originally Posted by k2h View Post
Cory,

At what point should we start to hear more on the location of the transit center?

You know, I wish I could tell you. I didn't attend today's MPO/IRTC meeting in Fishers, so there may have been a discussion about it. Once I hear something, I will share.
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Old July 12th, 2007, 06:27 PM   #1700
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Bad news...

Of all of the City's events that are held every year, this is the one I was most proud to host and one that I will really miss. For a few days out of the year, the "world" actually came to Indianapolis and the Speedway was home to well-dressed, high class players. Not, toothless, "I'm With Stupid" T-shirt wearing hillbillies!



Speedway eliminates Formula One race


By Steve Ballard
[email protected]

A stormy eight-year relationship between Indianapolis Motor Speedway and Formula One ended today with the announcement the international racing series would not return in 2008.


IMS chairman Tony George and F-1 boss Bernie Ecclestone could not reach an agreement on a sanctioning fee to continue the U.S. Grand Prix. George had set today as a deadline for a new contract.
Track spokesman Ron Green said both sides are leaving the door open for possible future events.
The relationship deteriorated dramatically after the 2005 race when only six cars competed because of safety concerns over Michelin tires.
The decision leaves the U.S. without an F-1 event and follows failed attempts at other venues, including Long Beach, Calif., Watkins Glen, N.Y., and Phoenix. Ecclestone has explored putting a race in Las Vegas but no agreement has been announced.
The Speedway's 2.6-mile road course won't go unused next year. MotoGP, the motorcycle equivalent of Formula One, is scheduled to visit in September 2008.
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