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

    • Sink or Swim: How to Stop Sabotaging New Hires

      You've jumped through the hiring hoops and emerged with some transformational talent. Before joining your company, Joe slashed costs and doubled revenue at his previous job, and Sue is known for building record-breaking teams and product launches. It should take them no time to produce similar results in your organization, right? In reality, Joe and Sue’s performances will hinge heavily on how you manage their post-hire assimilation: a cycle all new hires experience, lasting...

    More

Events



  • Most Popular Stories

    • (photo courtesy Butler University)

      Aramark to End Operations at Butler

      Aramark Educational Services LLC has detailed plans to lay off 200 workers in Indianapolis. In a notice to the state, the company says the decision is the result of Butler University not renewing its contract to provide food services on the campus.

    • Metal Powder Products has Indiana operations in Noblesville and Campbellsburg.

      Manufacturer Growing Noblesville Operations

      Noblesville-based Metal Powder Products has announced plans to move a manufacturing division from Ohio to Hamilton County and add up to 80 jobs by 2020. The powder metallurgy product manufacturer says it will invest $1.5 million to increase production capacity in Indiana. The company currently employs more than 350 associates in its Noblesville and Washington County operations, and over 1,100 overall in the U.S. and China. MPP says it has already hired 51 employees as part of the...

    • Sink or Swim: How to Stop Sabotaging New Hires

      You've jumped through the hiring hoops and emerged with some transformational talent. Before joining your company, Joe slashed costs and doubled revenue at his previous job, and Sue is known for building record-breaking teams and product launches. It should take them no time to produce similar results in your organization, right? In reality, Joe and Sue’s performances will hinge heavily on how you manage their post-hire assimilation: a cycle all new hires experience, lasting...

    • Ting Gootee is the chief investment officer for Elevate Ventures.

      Indiana Lags Behind Neighbors on VC Investment

      A new report from Indianapolis-based Elevate Ventures says Indiana remains behind other states in the Midwest for venture capital investment. The 2018 Indiana Venture Report shows the state accounted for only 0.22 percent of all venture capital dollars last year. Ting Gootee, chief investment officer at Elevate, says while there is room to grow, Indiana is on the right path. In an interview with Inside INdiana Business, Gootee said a venture community requires different...

    • Chandler Speedway Auction Postponed

      The Chandler Speedway auction scheduled for this week has been canceled. Our partners at WEHT-TV report that track owner Reno Fontana has filed for bankruptcy in order to put a freeze on any debt collection, including sheriff's sales.