Indy's Near East Side Receives Recognition, Funding

Posted: Updated:
Photo courtesy of the Rivoli Park Neighborhood Photo courtesy of the Rivoli Park Neighborhood
INDIANAPOLIS -

Indy’s near east side is getting a boost.  Indianapolis Mayor Joe Hogsett has named Rivoli Park as the city’s Neighborhood of the Month for October and officials say it will see investment from Lift Indy in affordable housing, infrastructure improvements, private investment and more.

Rivoli Park is set to keep improving over the next few years, as the John H. Boner Center and supporting organizations have been named the third Lift Indy neighborhood. The Lift Indy designation is set to spur the area's revitalization forward by targeting federal grants funds into one strategic movement designed to boost market potential.

The area will join Monon16 and the Old Southside as the three Lift neighborhoods. To select the Lift Indy areas, the city used data provided by the Reinvestment Fund and DMD’s Long Range Planning Division to find a neighborhood that would benefit from a multi-year commitment of funding. The support also aims to drive market activity and further neighborhood investment.

“The Lift Indy investment into Rivoli Park will help sustain the historic nature of this community and bring much needed future development to be enjoyed by current and future neighbors,” said Vice President Zach Adamson. “I want to thank Mayor Hogsett for the acknowledgment and thank the neighbors of Rivoli Park for their continued support to make this community an ideal place to live, work and play.”

In addition to the Lift Indy funding, the Lilly Endowment says it will also be investing in the area, including funding for the revitalization of the historic Rivoli Theatre.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • The IU School of Informatics, Computing and Engineering will now be named for Fred Luddy for his $60M gift. (photo courtesy James Brosher/IU)

      $60M Gift to IU, Second Largest in School History

      An Indiana University alumnus who founded the information technology firm, ServiceNow, has given his alma mater $60 million to establish an artificial intelligence center. The university says the gift from cloud-computing pioneer Fred Luddy is the second largest in the history of the IU.

    • POET ethanol co. announced in Aug 2019 it was closing the plant in Cloverdale. (photo courtesy: POET)

      Cloverdale Ethanol Plant Closes

      South Dakota-based POET LLC, the nation’s largest biofuels producer, is moving forward with a plan to shut down its biorefining plant in Cloverdale, leaving 50 Hoosiers without jobs effective Friday. The company tells Inside INdiana Business that it is not making any changes to the plans announced two months ago. 

    • The multi-year road project stretched from Bloomington to Indianapolis.

      I-69 Road Project Update

      The Indiana Department of Transportation has scheduled three public meetings for next week to update the community on the I-69 Section 6 road project.    Section 6 is an approximately $1.5 billion new interstate project stretching from Martinsville to I-465 in Indianapolis.

    • Chrissy Vasquez and Adam Ramsey

      Indy Reads Adds Staff

      Indy Reads Books has hired Chrissy Vasquez (pictured) as chief development officer to oversee marketing, development and the store. Also, Adam Ramsey (pictured) has been named manager of engagement, specializing in story telling through video and social media. Vasquez previously served as executive director and vice president of operations for Back on My Feet.  

    • Purdue Global Now Offers Analytics Degree

      The U.S. Bureau of Labor Statistics reports that jobs in the field of data analysis are projected to grow 26 percent over the next ten years. Acting upon that data, Indianapolis-based Purdue University Global has launched a new Bachelor of Science degree program in analytics.