Archive for the ‘In the news’ Category

Indiana Economic Digest

http://indianaeconomicdigest.com/main.asp?SectionID=31&SubsectionID=123&ArticleID=75401

L.A. Jennings Groundbreaking

The ceremonial groundbreaking on renovation  of the L.A. Jennings Building was held on Wednesday, May 28. Anderson Partners LLC acted as legal council and obtained the tax credits and financing for the project, which will include 20 new apartment units and four restaurants.

http://www.cityofnewcastle.net/egov/apps/document/center.egov?view=item;id=1482

jennings 2

Firehouse owners plan 2nd site

The owners of Richmond’s Firehouse BBQ & Blues plan to open a new restaurant in the revitalization project involving the historic Jennings building. The Firehouse Company 2 restaurant is expected to open in May 2015. For more information click here.jennings

 

Redevelopment of Former Gary State Bank Building in Gary, Indiana

Gateway Partners plans to redevelop the 107 year old 10-story former Gary State Bank Building located at Broadway and W. 5th Avenue in Gary, Indiana. Gateway Partners seeks to bring a bank back to the first floor, together with other retailers. The plans for the remaining floors include renovated office space and apartments on the top six floors.   See following article for additional information.  Redevelopment in Gary, Indiana

Bill Introduced to Benefit Historic Barn Preservation

Proposed legislation could help owners restore historic barns. Rep. Bob Cherry has introduced a bill to be considered in the Indiana General Assembly’s upcoming session that would provide a 100% property tax deduction for historic mortise-and-tenon barns. The proposed bill is intended to give owners an incentive to invest in the preservation of their historic barns without being penalized with property tax increases. Qualifying barns must have been put into service for an agricultural purpose before 1936. Indiana Landmarks will work with Rep. Cherry and Indiana Farm Bureau to promote the proposed legislation. Be sure to contact your state representative and encourage support of House Bill 1030.

Two New Charter Schools

Archdiocese gets OK to create two charter schools

Criterion staff report

The archdiocese recently received approval to create two charter schools in Indianapolis—a move that will make it the first Catholic diocese in the United States that has committed to overseeing a school involved in this educational approach.

The approval on April 5 by the City-County Council of Indianapolis and Marion County also ensures that the archdiocese will continue its wide-ranging commitment to educating children in economically challenged, urban areas of Indianapolis.

When the 2010-11 school year opens in August, St. Anthony Catholic School and St. Andrew & St. Rita Catholic Academy will become charter schools. While they will still be managed by the archdiocese, they will have to change their names and they will no longer be able to promote the Catholic faith during school hours.

The two schools are currently part of the six schools that form the Mother Theodore Catholic Academies—a consortium of schools created by the archdiocese to focus on educating students in urban areas of Indianapolis.

The other four schools in the consortium—Central Catholic School, Holy Angels School, Holy Cross Central School and St. Philip Neri School—will continue as Catholic schools.

See the full story here: http://www.archindy.org/criterion/local/2010/04-16/charter.html