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Everything the community group is asking for is not going to generate money for a developer. In order to lift up the neighborhood they need to quit putting low income apartments in areas like this. They’re never going to come up without some market rate apartments in the area that are actually nice and desirable.
I think a lot of the people in that area think they can just make the plaza the exact same as it used to be before everything moved out of there. There is a reason everything moved.
Is there a demand for market-rate apartments anywhere along 38th Street east of Fall Creek? Anywhere? …Bueller?
Neighbors are going to have to get over their phobia of housing in order for anything to pencil out. This is also wedged between the Blue Line and the Pennsy Trail. This is *exactly* where high concentrations of housing should go.
You’re talking about Irvington Plaza, 5 miles south of this Devington Plaza.
Oops! My bad!
Maybe the neighborhood could get the Lilly Endowment interested to help them pay for the non revenue generating ideas they have proposed.
While I appreciate that they want to be involved at some point someone needs to be able to do something there that makes economic since.
There was a reason Kroger closed at Devington Plaza.
And there is a relatively new grocery store about eight blocks away that is struggling.
Interesting read. The neighborhood knows what it wants and who it wants to design it-now they just need to get someone to pay for it. Seems logical.
+1
Logical yes, but where is the money going to come from now? Money people don’t seem to be knocking down the door to get at this site since it has sat as is for such a long time. “Marshall said they had won the “battle” but the “war” was far from over.” That’s an eloquent way to say the neighbors chased away the developer/money with no alternative. A less eloquent way would be that they screwed around and found out what would happen if they griped and delayed the project for too long. Hope they don’t mind looking at the same run-down center for another year or two until another developer decides to take a shot at it.