The Indianapolis Department of Metropolitan Development has released Requests for Proposals for two major projects in downtown Indy. The RFPs are focused on the redevelopment of City Market East and the adaptive reuse of Marion County Jail II and the Arrestee Processing Center.
The DMD says the projects are part of Mayor Joe Hogsett’s downtown strategy to add dense housing, recreational public spaces, reuse of historic buildings and mixed-use developments.
According to the RFP for the City Market project, the city is looking to add multi-family housing with family-focused and active recreation uses on the ground floor. DMD Director Scarlett Andrews tells our partners at the Indianapolis Business Journal the east wing of City Market is not part of the original historic structure, which makes the site a “blank slate” for redevelopment.
The second RFP looks to find a new use for the Marion County Jail II and the Arrestee Processing Center, which are being left empty as the city moves its public safety and justice system operations to the new Community Justice Center.
The city says it is looking for developers to submit proposals “that honor the physical and social history of the sites.” Potential uses could include housing, education, or other commercial uses.
The DMD says the project could see up to $250 million in private development.
“Both city-owned sites are unique opportunities for redevelopment in downtown Indianapolis,” Andrews said in a news release. “These legacy projects are key to Mayor Hogsett’s downtown vision as we create more spaces for residents, workers, and visitors to enjoy this special pocket of our city. We are thrilled to have the opportunity to add housing to the fast-growing downtown core and further support the hundreds of millions of dollars of public and private investment flowing into the heart of the city.”
The DMD is accepting proposals for the City Market project through March 11 and the Marion County Jail II and Arrestee Processing Center project through April 1.
You can learn more about the RFPs from the IBJ’s Leslie Bonilla Muñiz by clicking here.