5A: Support Neighborhood Residential and Commercial Development
Support planning for and investments in neighborhoods, beyond cultural districts, in order to allow them to remain distinctive and competitive. This may include diverse housing types, smaller neighborhood-serving commercial centers, walkable infrastructure and high quality public spaces, parks, and streetscapes. Such work should involve resident engagement that is representative of the whole neighborhood.
Value to the Community
Strong and vibrant neighborhoods define quality of life for residents. Investments that help them remain distinctive allow Indy to have neighborhoods for every preference from downtown high-rise to rural estate. Mixes of housing types and uses permit a neighborhood to accommodate people through life stages, improve connections and social capital among neighbors, and reduce the need to travel far to meet daily needs.Value to the Hospitality Industry
Outside of the traditional cultural districts most often visited by visitors, efforts to promote neighborhood stabilization and redevelopment will sustain population densities that help support local businesses while increasing the breadth of unique experiences. While predominantly local-serving, these neighborhoods contribute to resident pride and the identity of our city, and in many ways serve as incubators for local flavor.Updates
- November 2021. Monon 30 Development. A new mixed-use development is planned for a neglected industrial area along the Monon Trail at 30th Street. The multi-phase plans include nearly 1,000 new residential units, 30,000 sf of event space, 50,000 sf of commercial and retail space, and recreation areas.
Key Partners
Confirmed Partners
- Partnerships Under Development
Recommended Partners
Priority + Progress
Monitoring priorities are the middle 60% or so of actions that TTI is keeping its eye on and supporting as needed.
TTI Role
The encourage role means TTI is offering encouragement to partners pursuing this action. This is the least-involved type of role and typically applicable when partners don't need much help.
