GREAT PLACES 2020 TO ADD TWO ADDITIONAL PLACES IN 2016

GREAT PLACES 2020 TO ADD TWO ADDITIONAL PLACES IN 2016

Early successes and investments in Great Places allows for continued growth, opportunity

Indianapolis, Ind. – This November, Great Places 2020 implementation partners will select two additional places to support four years of implementation of the new Great Places plans.

LISC Indianapolis is asking Indianapolis neighborhood partners to submit a letter of interest for consideration by Sept. 30. Criteria for place selection is outlined on the Great Places 2020 website and includes the presence of a Quality of Life Plan, existing market activity, willing anchor institutions, nearby waterways or greenspaces, walkability and more. Once selected, each new Great Place will receive planning assistance to create a detailed redevelopment plan and funding for early implementation efforts in their target area.

Total investment in all five neighborhoods in 2017 is expected to eclipse $20 million, which includes alignment with the United Way of Central Indiana’s recently announced Great Families 2020 initiative. With federal grant dollars from the Social Innovation Fund, UWCI’s Great Families 2020 will establish neighborhood support networks that provide integrated services in post-secondary education and workforce development, early childhood education, financial support, and health and well-being to families living in poverty.

Great Places 2020 is a visionary community development project that transforms strategic places in Marion County neighborhoods into dynamic centers of culture, commerce and community, preparing Indianapolis for unprecedented success as it reaches its Bicentennial. Building communities that are walkable, attractive and culturally diverse will help attract and retain residents of all ages and socioeconomic status, increasing the tax base and reversing many of the negative trends.

In late 2014, three areas were identified as Indianapolis’ Great Places:

  • Englewood Village (East Washington and Oxford)
  • Maple Crossing (38th and Illinois)
  • River West (West Michigan and King)

The Great Places 2020 initiative provided each neighborhood with urban planning, real estate and marketing consultants to create plans designed to spur growth in each place. In May 2016, Great Places 2020 partners unveiled the strategic plans for each of the Great Places areas. Structuring initial funding sources and strategic programming so that private investment follows, more than $84 million has been committed to the three Great Places from over 50 partners. Investments in each Great Place are organized into four outcomes: Livability, Opportunity, Vitality, Education. To see early successes in these three Great Places, please visit www.GreatPlaces2020.org/blog.

“The next four years will be full of critical decisions for Indianapolis that will shape its future. It can either continue its trajectory upward to be one of the leading cities in the country, or fall victim to its growing challenges of disinvestment, loss of population, and failing civic systems,” said Bill Taft, Executive Director of LISC Indianapolis. “Indianapolis must define and become the kind of city it aims to be, with a particular focus on its neighborhoods.”

As a collective impact initiative, Great Places 2020 counts on the contributions of many for its success—from neighborhood stakeholders at each of the Great Places to citywide investment partners. The initial implementation partners are: The City of Indianapolis, Indianapolis Neighborhood Housing Partnership, Indy Chamber, Keep Indianapolis Beautiful, Local Initiatives Support Corporation (LISC) Indianapolis and United Way of Central Indiana. LISC Indianapolis acts as the backbone organization for this collective impact initiative.

For more information on Great Places 2020 please visit www.greatplaces2020.org, Like us on Facebook or Follow us on Twitter: @GreatPlaces2020.

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Local Initiatives Support Corporation (LISC) Indianapolis is the local office of a national organization that helps resident-led, community-based development organizations transform distressed communities and neighborhoods into healthy ones — good places to live, do business, work, and raise families. By providing capital, technical expertise, training, and information, LISC supports the development of local leadership and the creation of affordable housing; commercial, industrial, and community facilities; businesses; and jobs. In short, we help neighbors build communities.