The Road to Sustainability September 18, 2014

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1 - The Road to Sustainability September 18, 2014

2 Speedway The town of Speedway was developed as a "city of the future." Meant to be a testing ground much like the famed race track which is its namesake. Speedway was designed to be a city that was hospitable to the car. In a time when Indianapolis streets were often the narrow orange brick thoroughfares laid in the 1920s and 1930s, the Town of Speedway had homes with garages for cars. Not a city with shacks sprouting up near other industrialized areas, but instead, a well planned and comfortable city of cleanliness and pride.

3 Founders James Allison Carl Fisher Frank Wheeler Arthur Newby

4 IMS Established 1909 Speedway Incorporated 1927 Major Stakeholders Allison Transmission Praxair Surface Technologies Formally Prest-o-lite, Union Carbide Electric Steel Castings Early Automotive Industries Thriving Commercial Industrial Area

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6 Quick Demographics Roughly 4 square miles Population 12,000 New homes 1 within last 15 years Planned Community Main Street Retail vs Commercial / Industrial

7 Excluded City Under Uni-Gov Governance Boards and Commissions Public Safety Operations Public Works School Town of Speedway Walkable Schools No Buses All A s Speedway Public Library

8 Issues Landlocked Two railroad corridors Three feeder liquid fuel lines Old utility lines converging along Main Street Industrial base established in 1910 s 1920 s No environmental standards or awareness or concerns Asbestos 1924 linked to disease 1934 first regulations

9 Prior to 2005 Economic Development - MDC Speedway Redevelopment Commission 2005 Designated Redevelopment Areas / TIF Districts Master Plan Public Input Over 300 Public Meetings, Presentations and Focus Groups Master Plan Presentation, Public Hearing, SRC and Town Approvals 2007 and 2009 Design/Zoning Guidelines Form along with Use

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11 Everybody Has A Plan Redevelopment Does Take Money No One Believes You Until You Implement Something Once You Begin Those Doubters Are You Most Impatient Soles

12 Resident Vision Group MPO Sponsored Regional Transportation Corridor Study Urban Land Institute Main Street Building Study Main Street Parking Analysis Market Assessment RCLCO 16 th Street Project DPW/ASP/DLZ Traffic Impact Study Environmental Assessment Comprehensive Road Projects FONSI

13 Re Creating Sustainability Multiple Elements It s Not Just Main Street Abandoned Property Vacant Buildings

14 Persistent Drainage / Water Quality Problems Long Term Control Quality of Life Matters Parks Improvements Programming Art on Main Street Trails Development Housing Initiative Traffic Impact Study

15 Finished >2017 Lynhurst- Moeller Georgetown Rd 25 th Connector 16 th Street Roundabout 16 th Realignment 10 th Realignment Main Street Holt South of 16th Gillman Project

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17 Relocate Fence Enhance Fan Experience Emergency Access Pedestrian Corridors Vendor Clusters Camping Areas Bathrooms Utilities Safety and Security Looks Better!!

18 Blighted Properties Vacant Buildings Crumbling Sidewalks Aged Infrastructure One Restaurant No New Investment A Tired Street Our Deck of Cards

19 16 th and Main

20 Gas / Auto Repair 3 Properties

21 Dry Cleaners

22 Allison Plant 2

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25 Prest O Lite

26 Lime Mound - Praxair Gas

27 Electric Steel Castings

28 Redevelopment Strategies for Abandoned and Problem (Challenged) Properties Land Acquisition Environmental Assessment Abatement Shovel Ready Sale and Development

29 Land Acquisition It s Likely That if Government Doesn t Purchase Land Remains As Is Acquisition + Demolition + Investigation + Abatement + Infrastructure Big Companies Don t Have to Sell Educated Risk Environmental Investigation May Occur After Acquisition Eminent Domain

30 Contaminated Dirt Mound

31 AOI 2 2,000 sq. ft. on 11 acres (0.4%)

32 Create Shovel Ready Parcels Working On Challenged Ground Piles of Dirt A and B and C Utilities Sale for Future Sale No Delayed Development Marathon not a Sprint Keep the Vision

33 Investment Transition Costs Environmental Infrastructure Total Over 35 acres

34 Speedway s Story Revitalizing a Great Community Creating Spaces for Innovation Protecting One of Our State s Great Assets

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52 Main Street Events Mardi Gras Crawl Mini Marathon Festival on Main Rock in on Main Vintage Car Hauler s Event Sprockets State Bicycle Racing Championships Spam a Rama Hops and Flip Flops Speedway Spectacular and Festival Jazz Fest Trunk or Treat Light the Night Over 80 Private Events

53 Roundabout Opens Up Main Street

54 Speedway and Exciting Story In Progress Reinventing a Sustainable Community

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