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What is the “ask” going to be from the City?
The article already states that if the developer requests TIF financing support they will be required to set aside a certain percentage of the units as affordable units.
Take this with a grain of salt. The developer has only ever completed 5 projects, and they’re suburban memory care facilities.
(Also, pretty sure project to the west across Talbott is apartments, not condos.)
(Or they’re a different Point and they just don’t have any web presence at all, which isn’t really more assuring.)
Did you predict 360 Market Square would never happen too? Oops…
That was built by a well-established local company–different situation. Not saying this won’t happen, but there’s no track record to evaluate.
Looks great. Hope it happens.
Good luck with this. Be sure to include accommodations for the so called homeless & panhandlers – Hogsett’s favorite city people.
Great point!
What an ignorant point.
Yeah, John M. doesn’t quite comprehend the fact that federal court rulings give elected officials very little leeway with removing the homeless and panhandlers from public rights-of-way. But why let pesky legal stuff get in the way of his obsession with the mayor?
Like the project, just would be better if it was on an empty site in the heart of downtown like East Washington or Maryland and Pennsylvania.
It’s a half-mile from Monument Circle, so I think that qualifies as being in “the heart of downtown.”
And is currently planned for an “empty site”… It’s a parking lot. Doesn’t get more empty than that, Robert. Would you consider Riley.Towers outside of the downtown. I usually assume everything inside 65/70/river as downtown.
Your tax dollars ???
It does not fit well with that specific location but the idea is interesting. There are a lot of surface parking lots not doing much downtown that would be a better location.
That spot IS a surface lot, though!
Make it happen! We need more of this and less of that 5 story crap
The site is downtown within the mile square. Thought it would fit in better within the other high rises. May appear somewhat out of place with the adjacent buildings.
This project will likely spark more development of similar mass and style along that stretch of Delaware Street. Progress is a block-by-block thing.
I’m pretty sure the ~40′ tall concrete wall that would be seen from street level is anathema to the Regional Center Design Guidelines that the City is supposed to use to determine whether to approve the project. Total dead space. Hopefully, they’ll be asked to do much better.
So true. The most important part of the pedestrian experience is the street level visual experience of the first floor. It is critical to creating a vibrant city and with this design has been totally disregard. Unfortunately the first 3 floors of this building are a gigantic concrete wall creating a huge dead space. It couldn’t be much worse. Other than the good density, this building is an incredibly poor example of urban design.
Finally indy is building UP!I’ve always wondered why indy doesnt build more high rises.its cheaper to build up than to build a wide building that takes up tons of space.not to mention this would definitely add to the cities mediocre skyline.just wish indy would think more bold and build a city that looks more like a 21st century modern city on the move and growing. With this project and the new 40 story Hilton Sigma to be build and possibly a second hotel after the Hilton,this would be a very nice boost and make Indy’s skyline a little more attractive for a city our size.
Here is some interesting trivia. New Orleans, with less than half the population of Indianapolis, has more than twice as many high-riser of 20 or more stories.
Population is not a criterion for high rise building. And, historically, New Orleans was a significantly more populous and dense city compared to Indianapolis. It was a major port and has been a ‘major’ city since the Louisiana Territory. It was a city of incomparable character and charm. Katrina washed it aside. Indianapolis was an industrial hub developed “on the cheap” — lack of sidewalk and streetlights, many unpaved alleys, poor infrastructure. Indianapolis building heights were once restricted to be less than the Soldier’s and Sailor’s Monument. Hence, Ft. Wayne had the tallest building in Indiana in the early 1900s. There were more tall(er) buildings that have been razed. The anti-urban mindset of the Statehouse and, apparently, some with too much control of Planning, has proven counterproductive at best. Mercifully, downtown Indianapolis was not completely paved over for parking lots.
Meridian should be a corridor or high and mid-rise office and residential development from downtown north to 38th Street. More double boulevards should be implemented across the city — think of Ellenberger Parkway and Burdsal Parkway. And, what happened to the trees? Could the city at least be proactive in tree planting to soften the hardscape and be a natural elements that improves the visual and physical environments. It certainly creates more attractive neighborhoods.
Build high!!! Stop wasting space and build up!!! Up!!!!!!!