Urban Land Institute to Work with Indianapolis Mayor Greg Ballard on Options for Revitalizing Mass. Ave./Brookside Industrial Corridor

INDIANAPOLIS, Feb. 27, 2014 /PRNewswire-USNewswire/ — The Urban Land Institute
(ULI) Daniel Rose Center for Public Leadership in Land Use arrives in
Indianapolis this week for a four-day study visit of the Massachusetts
Avenue/Brookside Industrial Corridor area. The visiting panel will work
alongside Mayor Greg Ballard and several local land use professionals to develop
a replicable approach for revitalizing some of the city’s longstanding vacant
and underutilized manufacturing sites with employment-based redevelopment.

(Logo: http://photos.prnewswire.com/prnh/20100310/ULILOGO)

Mayor Ballard and his Rose Center fellowship team – Michael Huber, president and
chief executive officer of the Greater Indianapolis Chamber of Commerce; Adam
Thies, director of the Department of Metropolitan Development for Indianapolis
and Marion County; Brad Beaubien, planning administrator of the Department of
Metropolitan Development for Indianapolis and Marion County – will work with the
visiting panel to identify the applicability of redevelopment best practices,
public policy changes, and research needs to help attract new development and
employers to the corridor, just northeast of downtown.

While many cities coping with the legacy of vacant and underutilized industrial
sites have attempted to redevelop them into mixed-use communities, Mayor
Ballard’s team does not see the feasibility of that approach in Indianapolis due
to local real estate market dynamics. Their goal is to create a strategy for the
Mass. Ave./Brookside industrial corridor that can serve as a model for
Indianapolis to revitalize other underperforming industrial areas throughout the
city, improving its overall fiscal health by facilitating local job growth in
weak-market neighborhoods.

“Indy has a rich history of bringing together public and private partners to
accomplish great things in our city,” said Mayor Ballard. “The Daniel Rose
Fellowship will provide great insight as we work to return vacant industrial
sites to productive uses in our city.”

The study area consists of more than 300 acres of a mix of occupied and vacant
industrial, commercial, and residential building buildings. It is ideally
positioned near the rising residential neighborhoods of Cottage Homes and
Woodruff Place. Despite the corridor’s convenient access to U.S. Interstate 70
and a CSX railroad corridor, the area suffers from deteriorating infrastructure
and environmental issues.

The visiting panel consists of national renowned land use and real estate
professionals, including former Indianapolis Mayor and ULI emeritus fellow for
public policy, Bill Hudnut. In addition to Hudnut, the other panel members
include: Peter Cavaluzzi, principal, EE&K-Perkins Eastman, New York, N.Y.; Bert
Mathews, president, the Mathews Company, Nashville, Tenn.; George Atta,
director, Department of Planning and Permitting, City and County of Honolulu,
Hawaii; Matt Cheroutes, senior strategic advisor, Elkus Sisson and Rosenstein,
P.C., Denver, Colo.; Reid Dulberger, chief economic development officer, City of
Memphis and Shelby County, Tenn.; Nadine Fogarty, vice president, Strategic
Economics, Berkeley, Calif.; Patrick Quinton, executive director, Portland
Development Commission, Portland, Ore.; Laura Shipman, urban designer, Columbia,
Md.; Zachary Smith, executive vice president and chief operating officer, New
York City Economic Development Corporation, New York, N.Y.; and Marja Winters,
assistant city manager and community and economic development director, City of
Bentor Harbor, Mich.

Indianapolis is one of four cities selected for the 2013-2014 Rose fellowships,
along with Honolulu, Memphis, and Portland. During the five years of the
fellowship program, teams have been successful in leading change in their
communities after receiving technical assistance and strategic advice from ULI.
Past classes of Rose Fellows have tackled challenges including revitalization of
Detroit’s Livernois Avenue; upgrading and re-branding Louisville’s Fourth Street
corridor; the redevelopment of Tampa’s downtown riverfront; Kansas City’s
historic livestock district; and the transformation of Sacramento’s nearly empty
downtown railyard. This four-day study visit is intended to provide initial
observations, recommendations and homework for the Indianapolis Rose Fellowship
team to follow up on over the remaining 8 months in the program. Cavaluzzi and
Mathews–the panel co-chairs and faculty advisers to the Indianapolis Rose
Fellows–and Hudnut–a Rose Center Advisory Board member–will continue to work
with the Indianapolis Rose Fellowship team through the course of the program

The Daniel Rose Fellowship is the flagship program of the Rose Center,
established in 2008 by the ULI Foundation Governor Daniel Rose. The Center aims
to empower leaders in the public sector to envision, build and sustain
successful 21st century communities by providing access to information, best
practices, peer networks and other resources to foster creative, efficient and
sustainable land use practices. The Center works with public officials
throughout the United States to encourage and support excellence in land use
decision making. By providing public officials with access to information, best
practices, peer networks, and other resources, the Rose Center seeks to foster
creative, efficient, practical, and sustainable land use policies.

NOTE TO EDITORS AND REPORTERS: Representatives of the Rose Center will present
their findings in a public forum on Friday, February 28, 2014 from 9:00-11:00
a.m. EST at the Old City Hall, 202 N. Alabama St., Indianapolis, Ind. No
registration is required.

About the Urban Land Institute
The Urban Land Institute (www.uli.org) is a nonprofit education and research
institute supported by its members. Its mission is to provide leadership in the
responsible use of land and in creating and sustaining thriving communities
worldwide. Established in 1936, the Institute has more than 30,000 members
worldwide representing all aspects of land use and development disciplines.

SOURCE Urban Land Institute

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