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

facebook - twitter on Facebook & Twitter

Indiana State Bar Association

Indianapolis Bar Association

Evansville Bar Association

Allen County Bar Association

Indiana Lawyer on Facebook

facebook
ADVERTISEMENT
Subscribe to Indiana Lawyer
  1. Future generations will be amazed that we prosecuted people for possessing a harmless plant. The New York Times came out in favor of legalization in Saturday's edition of the newspaper.

  2. Well, maybe it's because they are unelected, and, they have a tendency to strike down laws by elected officials from all over the country. When you have been taught that "Democracy" is something almost sacred, then, you will have a tendency to frown on such imperious conduct. Lawyers get acculturated in law school into thinking that this is the very essence of high minded government, but to people who are more heavily than King George ever did, they may not like it. Thanks for the information.

  3. I pd for a bankruptcy years ago with Mr Stiles and just this week received a garnishment from my pay! He never filed it even though he told me he would! Don't let this guy practice law ever again!!!

  4. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  5. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

ADVERTISEMENT