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Urban Economic Development Guide
A “How-To” guide for developing in urban areas
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Fountain Square Theatre - The renovation by Southeast Neighborhood Development (SEND) and a
for-profit developer of a 64,000 s.f. historic building in the heart of the Fountain Square neighborhood. The
renovated facility includes meeting/entertainment facilities, retail shops and services, duckpin bowling, and
office space.
Murphy Arts Center - The development of a 44,000 s.f. Fountain Square building into a retail and
arts studio project. The Center is home to two art galleries, a specialty paper manufacturer, a cafe, a gourmet
grocery & wine shop, and several arts studios. This project stimulated the arrival of additional new
businesses to nearby vacant storefronts. Developed by SEND.
Davlan - Commercial space, the renovation of vacant ground floor space on Massachusetts
Avenue into retail space for Starbucks coffee and a local home furnishings start-up. Developed by Riley
Area Development Corp.
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Genesis Plaza - the construction of a new 30,000 square foot neighborhood health center with
office space and a home for the Martindale Brightwood Community Development Corporation (MBCDC).
This project was co-developed by MBCDC, HealthNet and Indiana OIC. It was completed in the summer of
2001.
Quality Hardware Store - Located at 2102 W Morris Street in Indianapolis, the store was opened
in a building owned by West Indianapolis Development Corporation (WIDC). LISC funds were used for
build-out and inventory costs.
Laundromat - An attractive new laundromat now services the residents of West
Indianapolis with assistance from WIDC, INHP and LISC.
Emrich - The adaptive re-use of a 64,000 s.f. vacant structure into office and warehouse space.
Including a training center, this project has become an ideal space for a variety of small business and
non-profit tenants. Developed by Concord CDC.
Mozingo - This project combined low income housing tax credits to provide
supportive housing and retail opportunities to the near eastside
neighborhood.
Audrey's Place - Audrey's Place is a small business located in the TenEast Main Street
District. Audrey's benefitted recently from a facade improvement grant
with the assistance of TenEast, LISC and the City of Indianapolis.
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Locate Available Property For Sale or Lease in Indianapolis
