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Towne and Terrace demolition among $80 million approved for Marion County neighborhood investments

The neighborhood-level investments will be in infrastructure, public safety, and quality of life.
Credit: WTHR
The city of Indianapolis began demolition of condominiums at Towne and Terrace at 42nd Street and Post Road Friday.

INDIANAPOLIS — The City-County Council passed $80 million in neighborhood-level investments in infrastructure, public safety and quality of life.

Those investments will include $3 million for tearing down some buildings at the longtime nuisance property of Towne and Terrace.

“With this new funding, the City can improve roads and pedestrian infrastructure, invest in new and better facilities for our public safety professionals, and address nuisance issues such as blighted buildings – some of the top priorities of our neighborhoods,” Mayor Joe Hogsett said.

Other investments include: 

  • $23 million to support capital infrastructure projects.
  • $5.2 million toward the construction of a new Solid Waste Garage for Indy DPW.
  • $2 million for the design of a new headquarters for IMPD’s North District.
  • $6 million for the construction of IFD Station 32 (6355 N. College Ave.) and IFD Station 20 (1330 N. Emerson Ave.).
  • $500,000 for pedestrian upgrades to intersections near schools. Upgrades could include features like crosswalks, bump outs, ADA ramps, signals, signs and markings.
  • $1 million for pedestrian lighting improvements in school zones.

"These investments will not only improve our infrastructure and public safety but also help create a more vibrant and resilient community," City-County Council President Vop Osili said.

For more on the investment, click here.

These new investments were approved on the same night the City-County Council approved a new tax district for a proposed Major League Soccer stadium at the site of the Indianapolis Heliport. The MLS plan has faced considerable pushback from the developers of Eleven Park along the White River and the owners of the Indy Eleven soccer team

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