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Then sometime in the last year or so, this warehouse went on the market (east side of Senate Ave., between St. Clair St. and Walnut St., previous tenant unknown):
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Then a couple weeks ago, this warehouse went on the market (St. Clair St. and the Canal, formerly B.H. Gardner Co.):
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And now, as of a week or so ago, this warehouse is on the market (St. Clair St. and Capitol Ave., formerly Litho Press Inc.):
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The former Litho Press building is a full quarter-block, four story building at St. Clair St. and Capitol Ave. It's just begging for a first rate refurb that opens up the huge window openings that were bricked-up years ago. It could be a great residential loft conversion, though many other uses are certainly possible. An 88 space parking lot is associated with the building. Here are a couple photos that show the detailing on this old warehouse:
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The Southeast corner of the building, St. Clair St. facade.
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Same location, focusing on the roofline.
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Looking West at the Capitol Ave. facade.
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Same location, focusing on the detail around the main entrance.
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The Northeast corner of the building.
With the Litho Press building now on the market, my eyeball estimate is that about 25% of the land in the four city blocks around the intersection of Senate Ave. and St. Clair St. is now actively for sale. Additionally 15% or so could be classified as completely vacant or underutilized (though not actively for sale). Talk about a blank slate!
Here's a look at the land for sale (sites outlined in green) and vacant/underutilized (outlined in red), with the Cultural Trail route through this area in blue:
View Senate and St. Clair in a larger map (longer descriptions of each site are also available).
With this much land simultaneously available, it behooves the city to have a specific, long-term vision for how redevelopment of this area should progress. This is doubly important given that this area sits adjacent to the future crossroads of Indianapolis' two great urban walkways: the Cultural Trail and the Central Canal Walk. The Indianapolis Regional Center Plan 2020 specifies 'Residential 27-49 DUA' (Dwelling Units per Acre) for the block northwest of the intersection and 'Research Community Mixed-Use' for the remaining three blocks.
What goals should the city have for this area?