East Washington Street near-term catalyst development plan


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SitE SElEction

Based on input at the Better Blocks meeting, a number of 

potential focus areas were brought to the multiple CDCs 

engaged in this effort, along with LISC representatives to 

select  five  (5)  particular  focus  areas  for  catalyst  efforts 

and general thoughts as to appropriate development at 

these locations.

REAl EStAtE MARkEt AnAlySiS

Real Estate Market Analysis was developed to understand 

how particular intersections or nodes were situated for 

future development based on transit, the development 

marketplace, and the industrial character and potential of 

the corridor. 

This  include  recommendations  on  specific  sub-markets 

to focus on in recruiting efforts for the reuse of industrial 

buildings.

cAtAlySt PRojEctS A, b, c

These catalyst projects are all focused within the area 

nearest downtown, including:

• 

The Near Downtown Housing site that is just north of 



the Angie’s List Campus

• 

The Gateway area at Washington Street and Shelby 



Street with appropriate infill

•  Oriental Street, including Ivy Tech, The Historic Ford 

Building, and appropriate infill

infRAStRuctuRE + WAShington StREEt

The infrastructure portion of the project looked at 

improvement for the Industrial Community, including 

power upgrades and a new industrial boulevard.

Washington Street efforts include broad goals that will 

work with future Blue Line Rapid Transit infrastructure 

planned for this corridor. In addition, an area bicycle route 

plan was developed woven into the document.



cAtAlySt PRojEctS d, E

These two catalyst sites are farther from downtown, but 

have the potential for larger area impact, including:

• 

Willard Park with enhanced programming for active 



uses

• 

PR Mallory to become an educational, job, and living 



campus with appropriate infill

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NEAR-TERM

MIXED-USE

FOCUS AREA

RESIDENTIAL

AREA


INDUSTRIAL

AREA


ENGLEWOOD + 

PR MALLORY

town   center

varied  


land  use

TYPES


0   

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iles



0.25   

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iles



0.5   

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iles



1.

0   


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iles


2.

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iles


AnticiPAtEd 

dEMAnd

 foR officE 

SPAcE iS loW...

Uncertainty  and  slow  growth  for  the 

future  have  left  Indianapolis’  office 

sector stagnating. 

Vacancy  rates  in  both  the  city  and 

suburbs have stayed high, around 20%, 

but  have  slowly  improved  over  time. 

Job growth is expected to be flat, and 

speculative development is rare.

officE MARkEt outlook

officE 

VACANCY %



 And 

nEt AbSoRPtion

0+53+43+45+0+28+47+49+24+29+34+19+38+82+0+0+0+0+0+0+0+0+0+33+0+0+0+65+56+24+0+06+26+0+0+0+25+59+32+0+42+69+24+14+8+71+18+38+11+0+0+0+0+0+0+0+0+0+2+0+0+0+18



2005 

1Q

2006 

1Q

2007 

1Q

2008 

1Q

2009 

1Q

2010 

1Q

2011 

1Q

2012 

1Q

300


200

100


0

(100)


(200)

20%


15%

10%


5%

0%

Source: Cassidy Turley Research



11'

10'


10'

11'


80' RIGHT-OF-WAY

8' WALK


8' MEDIAN

7'

TREE



LAWN

8' WALK


7'

TREE


LAWN

potential site   6

holy cross / 

highland park

potential  site  1

daly  + shelby / 

gateway  area

potential site  2

oriental / 

washington

potential site  7

holy  cross  church / 

school

potential site  3



pr  mallory

potential site  4

englewood

town


center

potential site  5

willard  park

other option

residential

other option

industrial

plans  in  progress

erskine  place

other option

residential

existing  campus  

improvements

angie's  list

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iles



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iles



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iles



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iles


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iles


2013•2020 

51

contacts  +  credits



EnglEWood coMMunity dEvEloPMEnt coRPoRAtion

57 N. Rural St.

Indianapolis IN 46201

317.639.1541

englewoodcc@indy.rr.com

SouthEASt nEighboRhood dEvEloPMEnt

1030 Orange Street

Indianapolis, IN 46203

(317) 634-5079

send@sendcdc.org

indy-EASt ASSEt dEvEloPMEnt

2236 East 10th Street

Indianapolis, IN 46201

317.808.2369

jhay@jhbcc.org

MARkEt StRAtEgy + AnAlySiS

Greenstreet, Ltd

One North Meridian Street, Suite 902

Indianapolis, Indiana 46204

317.753.6317

www.greenstreetltd.com



PlAnning + uRbAn dESign

Anderson + Bohlander, LLC

One North Meridian Street, Suite 902

Indianapolis, Indiana 46204

317.319.2264

www.andersonbohlander.com



ARchitEctuRE + viSion gRAPhicS

Blackline Studio for Architecture



1043 Virginia Avenue, Studio 211

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