RCA Demolition Signals 'Rebirth'

Posted: Updated:
INDIANAPOLIS -

Demolition has begun on the former Thomson/RCA industrial site on the near east side of Indianapolis that will soon become 50 acres available for redevelopment. The Department of Metropolitan Development and Near East Area Renewal have received a $200,000 Environmental Protection Agency Grant to help develop a revitalization plan for the Sherman Park area. Since the former RCA warehouse was vacated in 1995, the property has been plagued by crime, violence and fires.
 

Indianapolis Mayor Joe Hogsett, who took part in the ceremonial beginning of the demolition Monday morning, says "the potential of this side of the city is limitless."

Demolition will occur over the next six weeks. NEAR and the DMD will then use the EPA grant to support a two-year process to develop an area-wide plan for the cleanup and revitalization of the site. That effort will include a series of community forums to gain public input on potential uses of the site.

Department of Metropolitan Development Director Emily Mack believes the effort will bring "catalytic redevelopment to the near eastside." The site being demolished includes the former RCA warehouse, which one housed more than 8,000 workers, and three smaller buildings on the corner of East Michigan Street and Sherman Drive.

Indianapolis was one of 19 communities throughout the country to receive the EPA grant. Mack says the funding "gives our community the opportunity to revitalize an area that has been a source of neighborhood blight for decades."

Hogsett, Indianapolis Metropolitan Police Chief Bryan Roach and City-County Councilman Blake Johnson were among those to take part in Monday morning's event.

  • Perspectives

    • The Importance of Strategic Planning

      How many years have you put work-life balance on your list of New Year's resolutions? Every day, I see so many business owners struggle with the same issues: working 60+ hours each week, not being able to remember the last time they had a vacation, and simply feeling like it's up to them to do it all in their business. After working with countless business owners to identify and overcome their challenges, I've realized the most common root cause is a lack of strategic planning.

    More

Events



  • Most Popular Stories

    • Nestl√© Planning $80M Anderson Expansion

      Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

    • Sports Corp Seeks $25M For 4-Year Stretch

      The first-ever State of Sports address from the president of the Indiana Sports Corp. included a major fundraising announcement. Ryan Vaughn says the new Indy Championships Fund will push to raise $25 million to support a four-year stretch of major events that ISC says will be "unlike anything Indianapolis has enjoyed in the past." The organization says events during that time are expected to deliver a $670 million economic impact.

    • Electric Works Lands State Incentives

      The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

    • Well-Known Real Estate Firm Expanding to Fort Wayne

      Texas-based Keller Williams Realty Inc. has announced plans to open its first office in downtown Fort Wayne. Financial details of the real estate company's investment in the location were not immediately disclosed, however the expansion will bring at least 35 jobs to the Allen County city.

    • Tastings Unveils 'Wine Truck'

      Tastings in Indianapolis is taking wine mobile. The Tastings Wine Truck has making the rounds in the city. Owner Ross Bailey says he saw a need for wine offerings at local events that often only serve beer. The wine bar unveiled the truck, a restored 1952 International Harvester Metro, Thursday at its downtown location.