ILNews

Brokers fear criminal justice complex could harm downtown Indianapolis

Back to TopCommentsE-mailPrintBookmark and Share

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.
 

ADVERTISEMENT

  • 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!

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
Subscribe to Indiana Lawyer
  1. Im very happy for you, getting ready to go down that dirt road myself, and im praying for the same outcome, because it IS sometimes in the childs best interest to have visitation with grandparents. Thanks for sharing, needed to hear some positive posts for once.

  2. Been there 4 months with 1 paycheck what can i do

  3. our hoa has not communicated any thing that takes place in their "executive meetings" not executive session. They make decisions in these meetings, do not have an agenda, do not notify association memebers and do not keep general meetings minutes. They do not communicate info of any kind to the member, except annual meeting, nobody attends or votes because they think the board is self serving. They keep a deposit fee from club house rental for inspection after someone uses it, there is no inspection I know becausee I rented it, they did not disclose to members that board memebers would be keeping this money, I know it is only 10 dollars but still it is not their money, they hire from within the board for paid positions, no advertising and no request for bids from anyone else, I atteended last annual meeting, went into executive session to elect officers in that session the president brought up the motion to give the secretary a raise of course they all agreed they hired her in, then the minutes stated that a diffeerent board member motioned to give this raise. This board is very clickish and has done things anyway they pleased for over 5 years, what recourse to members have to make changes in the boards conduct

  4. Where may I find an attorney working Pro Bono? Many issues with divorce, my Disability, distribution of IRA's, property, money's and pressured into agreement by my attorney. Leaving me far less than 5% of all after 15 years of marriage. No money to appeal, disabled living on disability income. Attorney's decision brought forward to judge, no evidence ever to finalize divorce. Just 2 weeks ago. Please help.

  5. For the record no one could answer the equal protection / substantive due process challenge I issued in the first post below. The lawless and accountable only to power bureaucrats never did either. All who interface with the Indiana law examiners or JLAP be warned.

ADVERTISEMENT