Greenstreet Ltd. — Development, Brokerage, Consulting

May 2016

Mass Ave Industrial Corridor Short Film

rileyarea.org

DURING THE SPRING OF 2016 , RILEY AREA DEVELOPMENT CORPORATION WORKED WITH ASA GAUEN OF YARDBOX FILMS TO CREATE A SHORT PROMOTIONAL VIDEO FOR THE MASS AVE INDUSTRIAL CORRIDOR. THIS FILM CAPTURES THE REDEVELOPMENT STORY AND THE MANY PEOPLE WORKING AND COMPANIES MAKING PRODUCTS IN THIS AREA. YOU CAN VIEW THE VIDEO HERE. THIS VIDEO WAS CREATED TO BE A TOOL FOR A VARIETY OF LOCAL STAKEHOLDERS TO USE WHEN PROMOTING OR SHARING INFORMATION ABOUT THE AREA. THANK YOU TO ALL WHO OPENED THEIR DOORS AND WERE INVOLVED IN THE PROJECT INCLUDING LISC INDIANAPOLIS.

Council OKs putting mass-transit tax hike on November ballot

IBJ.com
May 9, 2016
Hayleigh Colombo

Marion County voters will have another choice to make in November’s election—whether to approve an income-tax increase to pay for expanded mass-transit service.

The measure to put the question on November’s ballot was approved 18-6 Monday night by the full City-County Council. The measure first passed the council’s Rules and Public Policy Committee on April 26.

If the November referendum passes, Marion County could levy a income-tax increase of 0.25 on residents. That would be 25 cents for every $100 of income to pay for increased public transit.

“This is about a system that will not improve if we don’t find a way to fund it,” said Republican Councilman Jeff Miller. “I trust the voters come November will look at the impact to them and make a personal decision.”

Democrat Zach Adamson said he has been “waiting five years” to cast a vote to put the referendum on the ballot.

The tax increase would help fund the IndyGo Marion County Transit Plan, which includes extended service hours, shorter wait times, and the creation of three rapid-transit bus lines.

One big part of the transit plan is the Red Line, a rapid-transit bus line that could eventually run from Westfield to Greenwood at a projected cost of $170 million to $200 million.

In Marion County, the first 13-mile phase, which would run from 66th Street in Broad Ripple to the University of Indianapolis, is expected to cost $96 million to build and another $6 million annually to operate. Construction is expected to start in spring 2017, with routes open for service in fall 2018.

The Marion County portion of the Red Line is expected to receive $75 million from a federal grant, which would cover most of its construction costs. The annual operating funds would be covered by the tax levy.

If the referendum doesn’t pass in November, the first phase of the Red Line would still move forward. There also will be more “real-time” transit information available, such as the arrival times of buses.

But “improvements to hours, service, connections, and wait times will be more difficult to make,” according to IndyGo’s website.

Some opposition to the Red Line has surfaced in recent months, with a petition garnering about 430 signatures saying that the first phase’s construction will “slow traffic, hurt existing businesses and forever alter the character of historic neighborhoods such as Arden, Broad Ripple and Meridian-Kessler.” However, a petition in support of the line has 1,385 signatures.

Not everybody at the meeting was in favor of the proposal.

“Somebody’s got to speak for the voices of people who can’t afford a tax increase,” said Democrat Joe Simpson.

But several council members said they have received “about half and half” of feedback for and against the proposal, so voters should decide.

Councilman William Oliver said he supports putting the question on the ballot because “I’m not saying what they should do; I’m giving them the opportunity to (vote).”

“I’m going to challenge those here and those watching to get involved and take a position and seek out those answers,” Oliver said.

The Indy Chamber released a statement in support of the vote, with President Michael Huber saying the council is giving voters “a voice on mass transit and an opportunity to make us a more convenient, connected city.”

Tim Maloney, senior policy director of the Hoosier Environmental Council, called the plan “ambitious yet practical and realistic.”

“If you make transit a meaningful choice for people, a lot of people will choose to take the bus instead of driving,” Maloney said. “That means cars off the road, reduced vehicle emissions; it’s a positive for the community, but you have to make it work well.”

Indy council sends transit tax hike to voters

The City-County Council on Monday night agreed to give Marion County voters the chance to raise their income taxes to pay for a major investment in public transportation: a dramatic expansion of the city bus service, including a bus rapid transit system.

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