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Smart move otherwise may be a fragmented development and ruin this once in a 100 years development opportunity.
Another terrible development initiated by this developer: https://www.springmillforum.com
Future Indy Eleven Stadium and development?
Did the original contract call for repayment of city expenses/fees/penalties if the project fell through? This kind of clause should be in all city contracts.
Regarding the Ambrose property; here’s a suggestion and rationale for best use. The shopping, apts, etc. is a terrible idea (see Simon stock). The only concept that will be viable is a “go-to destination as the “brick and mortar” era is declining rapidly. The area geography sits in a no-win location and the growth downtown would suffer. Ambrose is talking about an entirely new village that conflicts with the existing neighborhood and infringes on the billions being spent downtown. My alternative is an expansion of the zoo which incorporates a SAVANA and a world-class aquarium. To allow animals to roam is a million times better than existing small outdoor areas and cages. What a great facility; right next to the White River which is slowly being cleaned. Just an idea and food for thought.
The last thing the city needs is more tax-exempt property that would just serve as an attraction primarily for people from the suburbs.
Your idea for the zoo expansion and a world class aquarium is a solid one.
The zoo definitely needs to be expanded with greater variety of an8mals in more
natural habitats. Both the aquarium and expanded zoo would be big wins for
Indy as far as bringing 8n out of town visitors.
RACER Trust should take back ownership and all the expensive environmental clean up responsibilities, not the city and taxpayers.
Richard B’s idea about the zoo is outstanding. The Indianapolis Zoo could move up to a world class facility similar to the Children’s Museum.
Absolutely! The pay offs would be huge for Indianapolis.
The City needs to zone the land for the use(s) that they would like to see at this site, and for goodness sakes, reconnect the City street grid, so the development becomes part of the City once again, and doesn’t become an “island” unto itself.
I totally agree with this move by The City.
Zoo space in a high density post industrial site? I don’t think so. I don’t often agree with most of the decisions of the Democrats in what they have done (or not done) in downtown Indy, however, the City does need to get control of the land. Ambrose Property made a commitment to the City and have reneged on said commitment. They shouldn’t be allowed to profit from the deal like some wheeler dealer land acquisition company that trades and acquires simply for profit.
Any first year Architecture student or Urban planning student could tell you that a high density development for this site is very important. The stadium idea is pretty good but along with some associated functions that would fit the use.
Another retail development would not be good. Not because it might compete with Simons but at this point but brick and mortar retail is down right now. Necessary retail such as food stores and other features that can be used by the adjoining neighborhoods would also good. This type of retail is still in poor supply in downtown Indy.
Make it something that will drive transient business to the city – like a King’s Island or a music and restaurant district like Austin and Nashville and connect it to downtown via a shuttle like Vegas has. The city does very well with conventions but there is not enough draw for transient visitors.
That was my idea from previous posts…the expanded zoo and a new aquarium or museum…along with Indy eleven stadium!!
Also, Indy needs a new state of the art performance venue downtown like the Palladium.
I can dream.