1. 7/22/2010 Indianapolis Business News - Latest Indi…
Efforts target blight on 16th
Cory Schouten October 13, 2009
The Indianapolis Housing Agency has bought a troubled
low-income housing project called Caravelle Commons
and is working on plans to redevelop the complex to
better connect with the Herron Morton Place
neighborhood. Next door, Kroger has revived efforts to
acquire land and plan a new supermarket at 16th and
Central Avenue to replace an old location. The chain
bought the corner a few years ago and closed on a vacant
parcel that was previously part of Caravelle earlier this
year. Together, the developments could represent a turning point for a blighted stretch of 16th Street. At
a minimum, the housing agency plans to reopen Park Avenue, which now dead-ends in the complex, and
take down fences that surround the apartment buildings. But there’s a “good chance” the plans will
involve demolition of the existing complex, at 1643 N. Park Ave., and the construction of a more urban-
looking replacement, said Bruce Baird, the group’s director of strategic planning and development.
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