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Development on Tap: May 26, 2016

You’re invited to Development on Tap: The Indianapolis toolbox for vacant and abandoned property The month’s Development on Tap features the Center for Community Progress (CCP) who will present their observations and findings on the systemic approaches and barriers to address vacant and abandoned parcels in Indianapolis as well as public and private sector capacity to combat this problem. Earlier this year, Renew Indianapolis, in partnership with the City of Indianapolis and LISC Indianapolis, engaged the Center for Community Progress to evaluate the systems that impact vacancy and abandonment. These systems include: Data Delinquent tax enforcement Housing and building code … Continued

Mass Ave Industrial Corridor Video

The Mass Ave Industrial Corridor is a legacy industrial district near Downtown Indianapolis that has been targeted for revitalization. There are many small manufacturers with a long history in the area but an influx of new artisan manufacturers and makers are starting to call this Industrial Corridor home. This short video created by Yardbox Films, shares a glimpse of people working, products being, and policy considerations that are all reshaping the area.

Mass Ave Industrial Corridor Film

You are invited to the Mass Ave Industrial Corridor Film screening event on April 13, 2016 5:30 pm – 7:30 pm at the Circle City Industrial Complex, Farmers Market space – G10. Snacks and beverages will be provided. Please join Riley Area Development Corporation (RADC) for the viewing of the Mass Ave Industrial Corridor Film. This project, made possible with the support of Indianapolis LISC, showcases the diversity of companies operating and products being made in this industrial area. The film tells a story of small business growth, reinvestment, the maker movement, and the many people involved in the revitalization … Continued

Southside Quality of Life Plan begins

Southside Quality of Life Plan begins In 2015, LISC embarked on a new Quality of Life Planning process on the Southside for the area from Garfield Park south to I-465 in conjunction with the University of Indianapolis.  The Southside Quality of Life Plan seeks to identify strategies for improving the Southside of Indianapolis through community engagement and a plan for sustained and conscious development. In late February, a Visioning Summit was held with more than 200 residents in attendance to define a shared vision for their neighborhood’s future that included housing, safety, culture, parks, healthcare, childcare, education and economic development.

Farm 365 project adds 11 jobs

Farm 365 project adds 11 jobs Farm 365, located in the Englewood Village neighborhood, seeks to be a small part of the solution of the food desert problem on the Near East side. It is focused on year round production and year round employment. Growing fresh, flavorful produce, grown by and for the local community, as well as re-purposing buildings, adding value to urban neighborhoods and directly creating 11 jobs. LISC Indianapolis provided a $20,000 facade improvement grant for Farm 365 and a $99,750 project initiation loan to support this project.

Pin Project brings more retail opportunities to Fletcher Place

Pin Project brings more retail opportunities to Fletcher Place Constructed in the 1940s as a 12-lane blowing alley, The Pin is an 11,000 sq. ft. art-deco building in the Fletcher Place neighborhood, located in the Southeast Side quality of life neighborhood. The Pin redevelopment was credit enhanced using money from State Farm Insurance. The target tenant market includes technology and energy companies, which is a growing sector in Indianapolis. Interested in more details? Email Aaron Laramore, LISC Senior Program Manager.

Indy Rezone and Its Impact on Urban Redevelopment

Thanks to all who attended this week’s FOstering Commercial Urban Strategies (FOCUS) Lunch and Learn hosted by “Indy Rezone and Its Impact on Urban Redevelopment” with Tammara Tracy from Department of Metropolitan Development and Jim Rawlinson City of Indianapolis Department of Code Enforcement.

Work for a great place in a Great Place!

Midtown Indy is hiring a Program and Event Coordinator. The position is focused on fundraising, event coordination, meeting support, communications and marketing. Click here for details and application information.

LISC, State Farm Build on 16-Year Partnership to Expand Economic Opportunity

State Farm and the Local Initiatives Support Corporation (LISC) have announced an expanded effort to build economic opportunity in struggling communities through programs that encourage business development among entrepreneurs and skills development among low-income workers. A new, two-year $4 million State Farm grant will expand LISC Financial Opportunity Centers (FOCs) in under-resourced neighborhoods—helping people improve their incomes, credit scores and savings through education and long-term financial coaching. At the same time, these efforts will help lift up commercial areas and provide safer and more vibrant places for business owners to set up shop, create jobs and grow local incomes. Click … Continued

Attention Design and Architecture professionals: Grant money available for design assistance for Facade Improvement Program

FOCUS is currently soliciting proposals from design or architecture professionals to provide design assistance to building-owners undertaking improvements partially funded through the Façade Improvement Program. Please submit electronically. Final selection and notification of the applicants will take place by the end of January. LISC will enter into a contract with the Design Consultant from February 1, 2016 through April 30, 2017. Please click here to download the application form. To be considered, responses to this RFP must be received by LISC electronically by 5:30 pm on February 15, 2016. Please send all submissions and refer questions to: Nicholas Johnson Local … Continued

3D Parts Manufacturing Secures $5000 with Kiva Kip Loan

Congratulations to Kim of Indianapolis’ 3D Parts Manufacturing, LLC for raising 100 percent of his Kiva Zip loan. Seventy-two lenders helped Kim reach his $5,000 loan goal. 3D Parts Manufacturing was started in 2003 and is an additive manufacturing facility in downtown Indianapolis that uses 3D printing technology to produce parts for everything from jet engines, to medical devices, to masters for molds. It is currently the largest operator of 3D printing equipment in Indianapolis. Kiva Zip loans allow everyday people to support small businesses with 0% interest loans that enable them to access the capital they need to grow … Continued

Indy Brownfield Accelerator Program

Indianapolis LISC’s Fostering Commercial Urban Strategies (FOCUS), Great Places 2020, and Reconnecting Our Waterways (ROW) created the Indy Brownfield Accelerator Program convening experts and industry leaders to expedite the redevelopment of city brownfields. The project provides technical assistance sessions with the ROW Economic Environmental Resource Panel which includes an attorney, environmental consultant, government brownfield redevelopment representative, and developer with brownfield experience. Those interested in developing a property, but are concerned it may be or is a brownfield, fill out the Indy Brownfield Accelerator RFI. The next Indy Brownfield Accelerator Forum is on Tuesday, July 28th, 2015 from 11:30am – 1:00pm in … Continued

Public Meeting: Mass Ave. Brookside Industrial Corridor

Join fellow neighbors and Riley Area Development Corporation for the 3rd public meeting about the Mass Ave. Brookside Industrial Corridor.  This is an opportunity for residents, concerned citizens, and those with experience in redevelopment to share ideas, ask questions, and give feedback to consultants on issues such as infrastructure, job creation, buffering, crime, community engagement, etc.  The meeting will be held at Spades Park Library on May 13th from 6pm – 7pm. 

Development on Tap: Brownfield Redevelopment

All too often, older industrial and commercial properties in Marion County remain vacant or underutilized due to real or perceived environmental contamination. These properties are known as brownfields and many of these sites represent prime opportunities for redevelopment. An innovative and effective tool for remediating brownfield sites is insurance cost recovery. Insurance cost recovery uses the former insurance policies that were in place when the pollution occurred at a site to pay for the site’s cleanup costs. The insurers have been found liable for such remediation even in cases where the policies were decades old. The Local Initiatives Support Corporation … Continued