Indianapolis, IN

Developers, IU Health celebrate new affordable housing development

Published

1 year ago

July 25, 2023

Developers, IU Health celebrate new affordable housing development

INDIANAPOLIS (WISH) — Indiana University Health officials and the developer who consulted with them on Tuesday said they hope a new affordable housing development becomes a model of urban planning.

After two years of construction, officials cut the ribbon on Wesley Place, a mixed-use development just a few hundred yards from the IU Health campus, centered around IU Health Methodist Hospital. The development is part of IU Health’s larger strategy for the IU Health District.

Arrow Street Development founder and CEO Rodney Byrnes said he began talking to IU Health about the community’s needs and wants soon after he began work on the building. He says he intentionally built it within walking distance of the hospital and around the corner from an IndyGo Red Line stop.

“I think it’s equivalent to four full SalesForce Towers, the number of employees here, and there’s not a lot of amenities,” he said. “We thought there was a huge opportunity.”

The building has 244 apartments available for rent. Of those, Byrnes says 25 will be set aside for people making 50 to 80 percent of the area median income. That works out to roughly $30,000-$60,000 per year. Byrnes said those apartments will be identical to all of the others in the building.

Rusty Carr, the director of the Indianapolis Department of Metropolitan Development, says Wesley Place is exactly the sort of development the city is looking for closer to downtown.

He says Byrnes did a good job of bringing together access to public transit and proximity to a key employer and services. Carr also says city officials want a mix of affordable and market-rate housing as well as first-floor retail space.

Carr says Wesley Place received a 10-year tax abatement from the city to help incentivize it. The abatement phases out over time, so the city will gradually make more revenue from it.

The building is located in the Meridian Tax Increment Financing District, so Carr says tax revenue from the building will be specifically dedicated to projects in and around it.

Additionally, he says Wesley Place will contribute to the Indianapolis Housing Trust Fund, which provides grants to encourage the development of affordable housing.

Jamal Smith, IU Health’s Director of Government Affairs, says IU Health provided input for the project based on conversations with the people who live near the IU Health campus.

For example, he says the retail space will put needed services within walking distance, even for people who don’t live at Wesley Place itself. He adds he hopes the project gives people the ability to live, work and play around the Health District at a price they can afford.

“Our job as an anchor is to influence where we can and support what the data and the community tells us needs to happen,” he said.

Smith says at least two more developments similar to Wesley Place are under construction in other parts of the Health District.

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Indianapolis, IN

Indiana Grown: 8th Day Distillery

Published

5 hours ago

August 3, 2024

Press Room

INDIANAPOLIS (WISH) — Each and every Saturday, WISH-TV highlights a local company together with our partners at Indiana Grown.

This week, Jaime and Matt Lamping with 8th Day Distillery in Indianapolis joined News 8 at Daybreak.

The Lampings share with News 8 what started their passion for the distillery, and elaborate on how Indiana’s state laws at the time impacted their plans.

They also share more about their Bottle Shop & Cocktail Bar, which recently celebrated its sixth anniversary. They discuss their various workshops and show off new releases ready to hit your shelves this year.

Watch the full interview above to learn more.

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Indianapolis, IN

Report: Pirates Promote Top Pitching Prospect to Indianapolis

Published

12 hours ago

August 3, 2024

Press Room

Report: Pirates Promote Top Pitching Prospect to Indianapolis

PITTSBURGH — The Pittsburgh Pirates are reportedly promoting one of their top pitching prospects in their minor league system, getting him closer to the MLB.

Alex Stumpf of MLB.com reported that the Pirates will promote right-handed pitcher Bubba Chandler from Double-A Altoona Curve to Triple-A Indianapolis Indians.

Sources: Top Pirates prospect Bubba Chandler is being promoted to Triple-A Indianapolis.
Chandler tossed seven innings of one run ball tonight for Altoona. He has pitched to a 2.61 ERA with 10.6 K/9 since the start of June.
Chandler is ranked as @MLBPipeline‘s No. 49 prospect.
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— Alex Stumpf (@AlexJStumpf) August 3, 2024

Chandler played for North Oconee High School in Bogart, Ga., 60 miles east of Atlanta. He starred in multiple sports, including basketball, golf, football and baseball. He originally committed to Georgia to play baseball, but then decommitted and committed to Clemson to play both football and baseball.

He had a fantastic senior season for North Oconee, going 8-1 with just a 1.25 ERA, plus 96 strikeouts in 44.2 innings pitched, while hitting .411 with eight home runs, 12 doubles and 35 RBI.

The Pirates would select Chandler with the No, 72 overall pick in the Third Round of the 2021 MLB Draft and signed him for $3 millon signing bonus, an over slot signing.

He pitched and also played shortstop for the Rookie-Level Florida Complex Pirates in 2021 and 2022 and then earned promotion to the Bradenton Marauders in the Single-A Florida State League.

Chandler chose to focus on pitching heading into the 2023 season, which would show his best talents. He started 24 games for the Greensboro Grasshoppers in High-A, with a 9-4 record, 4.75 ERA in 106.0 innings pitched, making 120 strikeouts to 51 walks and holding hitters to a .265 batting average.

He made it up to Altoona for just one game in 2023, allowing just one hit in five innings of work and getting the win.

Chandler has played all of 2024 in Double-A, starting 16 of 19 games, a 6-7 record, one save, one shutout. He also had a 3.70 ERA in 80.1 innings pitched, allowing 55 hits, 33 earned runs and 26 walks, while making 94 strikeouts and holding hitters to a .192 batting average, along with having a 1.01 WHIP.

His last start came Friday night against the Richmond Flying Squirrels, allowing just two hits and one run in 6.0 innings pitched, while making six strikeouts on 80 pitches.

Chandler has also pitched great since the start of June, with a 2.61 ERA and 10.6 K/9.

MLB Pipeline ranks Chandler as the No. 49 prospect in their top 100 across baseball, the No. 9 right-handed pitcher and No. 12 pitcher. They also rate him as the highest Pirates prospect.

Make sure to visit Pirates OnSI for the latest news, updates, interviews and insight on the Pittsburgh Pirates.

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Indianapolis, IN

National discount retailer to make it's way to downtown Indianapolis

Published

19 hours ago

August 2, 2024

Press Room

National discount retailer to make it's way to downtown Indianapolis

INDIANAPOLIS — The downtown Indy building Claypool Court is getting a new retailer.

Officials hope major names like Burlington will bring more Hoosiers and visitors to Mile Square.

WRTV

“There’s definitely a lot of higher-end restaurants right around this area, so I think bringing in some retail stores isn’t a bad idea,” Wesley Slaughter, who lives downtown, said.

The store will sit at Washington and Illinois Streets, an area Slaughter says will be a good fit because it’s a heavily trafficked intersection.

“I could see it being beneficial to get more people in the area because otherwise you have to drive outside of 465 just to hit one of those stores,” Slaughter said.

TJ Maxx has been a big part of the downtown retail scene for many years, but now there is some competition with the Burlington that’s going to be a couple of doors down.

WATCH RELATED COVERAGE | Downtown Indy’s Future Plans announced

Downtown Indy’s future plans announced

“We’re excited anytime that there’s a new addition to the retail landscape here in downtown Indianapolis,” Taylor Schaffer, with Downtown Indy Inc., said.

Schaffer says this is just part of a pipeline of new projects and development coming to the area.