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Brokers fear criminal justice complex could harm downtown Indianapolis

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Creating a new criminal justice complex outside of downtown Indianapolis will mean big changes for the Mile Square, and some real estate brokers think the transition will be painful.

The southeast quadrant of downtown will lose criminal courts, two jails, prosecutors' and public defenders' offices, community corrections offices, and possibly bail bondsmen and criminal-practice lawyers’ offices. Mayor Greg Ballard’s deputies believe developers will readily fill the void, but real estate brokers for office space are worried.

Downtown constituents heard both views Thursday afternoon in a forum presented by Indianapolis Downtown Inc.

“I believe there’s going to be an infill effect between Angie’s List and downtown,” Kurt Fullbeck, Ballard's senior policy advisor for economic development, told the small gathering at The Platform office space, next door to City Market. The Angie's List corporate campus is located along East Washington Street, just east of Interstates 65 and 70.

“People want to be downtown," Fullbeck said. "It’s coming slower than the brokers would like.”

While demand for downtown apartments is strong, the office market is anemic. The vacancy rate is more than 21 percent, and 2013 was the fifth year in a row of negative absorption rates, said Jon Owens, managing director at Cassidy Turley, who sat on the panel with Fullbeck.

Owens noted that the market has added no new, leasable office space in 20 years.  

Lawyers are a big factor in the current market. Two office buildings, the Gold Building and 251 E. Ohio St., would take major hits with the exodus of the public defenders' and prosecutors' offices, Owens said.

Fullbeck pointed out that it will take three years to build out the criminal justic complex, which Ballard has recommended situating on the former General Motors stamping plant site west of the White River. That would provide time to work with the owners of the Gold Building and 251 E. Ohio St., he said.

Fullbeck said the request for proposals from developers, due out this month, will not include office space for the Marion County prosecutor and public defender. That space will be built under a separate procurement process, which he said will allow the developer to decide whether to build additional leasable space for other users, such as jail-service providers.

Office real estate brokers aren’t the only ones who are worried. City Market has become a thriving hub for food vendors, thanks largely to lunchtime foot traffic from the City-County Building and other offices that house criminal justice-related functions.

“We have experienced a certain renaissance. We want to know the recuperation plan and the back-fill plan, because it does drive a lot of the market,” said Stevie Stoesz, City Market manager.

Gus Miller of Olympia Asset Management said he wouldn't mind seeing the offices of Marion County Community Corrections, which works with people on home detention, depart downtown. But if civil courts eventually move, too, that could upset the downtown “ecosystem,” he said.

“Savory, unsavory, whatever the characters are, they’re spending money downtown,” said Rick Trimpe, vice president at CBRE, who represents the owners of the Gold Building and 251 E. Ohio St.
 

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  • WAKE UP!!!
    Am I the only one who sees that the City is essentially giving away the MSA site AND giving millions to build new buildings on the site when this site would be the perfect place for the Justice Complex? Across from City-County, check; keeping it centrally located, check, etc. It's my understanding that the GM site must be purchased by the City from Motors Liquidation Company. STOP WASTING WHAT WE ALREADY HAVE AND OUR TAX DOLLARS! The Ballard Administration has not been known for it's common sense...never voted for him and never will!

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  1. A traditional parade of attorneys? Really Evansville? Y'all need to get out more. When is the traditional parade of notaries? Nurses? Sanitation workers? Pole dancers? I gotta wonder, do throngs of admiring citizens gather to laud these marching servants of the constitution? "Show us your billing records!!!" Hoping some video gets posted. Ours is not a narcissistic profession by any chance, is it? Nah .....

  2. My previous comment not an aside at court. I agree with smith. Good call. Just thought posting here a bit on the if it bleeds it leads side. Most attorneys need to think of last lines of story above.

  3. Hello everyone I'm Gina and I'm here for the exact same thing you are. I have the wonderful joy of waking up every morning to my heart being pulled out and sheer terror of what DCS is going to Throw at me and my family today.Let me start from the !bebeginning.My daughter lost all rights to her 3beautiful children due to Severe mental issues she no longer lives in our state and has cut all ties.DCS led her to belive that once she done signed over her right the babies would be with their family. We have faught screamed begged and anything else we could possibly due I hired a lawyer five grand down the drain.You know all I want is my babies home.I've done everything they have even asked me to do.Now their saying I can't see my grandchildren cause I'M on a prescription for paipain.I have a very rare blood disease it causes cellulitis a form of blood poisoning to stay dormant in my tissues and nervous system it also causes a ,blood clotting disorder.even with the two blood thinners I'm on I still Continue to develop them them also.DCS knows about my illness and still they refuse to let me see my grandchildren. I Love and miss them so much Please can anyone help Us my grandchildren and I they should be worrying about what toy there going to play with but instead there worrying about if there ever coming home again.THANK YOU DCS FOR ALL YOU'VE DONE. ( And if anyone at all has any ideals or knows who can help. Please contact (765)960~5096.only serious callers

  4. He must be a Rethuglican, for if from the other side of the aisle such acts would be merely personal and thus not something that attaches to his professional life. AND ... gotta love this ... oh, and on top of talking dirty on the phone, he also, as an aside, guess we should mention, might be important, not sure, but .... "In addition to these allegations, Keaton was accused of failing to file an appeal after he collected advance payment from a client seeking to challenge a ruling that the client repay benefits because of unreported income." rimshot

  5. I am not a fan of some of the 8.4 discipline we have seen for private conduct-- but this was so egregious and abusive and had so many points of bad conduct relates to the law and the lawyer's status as a lawyer that it is clearly a proper and just disbarment. A truly despicable account of bad acts showing unfit character to practice law. I applaud the outcome.

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