EPA Grant to Help Redevelopment on Near Eastside

INDIANAPOLIS — The City of Indianapolis Department of Metropolitan Development (DMD) has been awarded a $400,000 Environmental Protection Agency (EPA) Brownfields Community-Wide Assessment Grant for the Mass Ave/Brookside Corridor. This grant will provide resources to support the work already underway in that corridor. The environmental assessments will allow the City of Indianapolis to help spur redevelopment by assessing environmental liability at no cost to prospective property investors and developers.
The Mass Ave/Brookside Industrial Corridor comprises approximately 480 acres of urban industrial redevelopment northeast of downtown Indianapolis along Massachusetts Avenue and I-70 between 10th Street and Sherman Drive. Indianapolis LISC in partnership with Riley Area Development Corporation has just launched an in-depth planning process along this corridor.
This area was a focus of the ULI Daniel Rose Fellowship and is now a part of the LISC FOCUS Corridor program, (which explores options for strategic re-use of blighted and brownfield sites, specifically the Mass Ave/Brookside Industrial Corridor), Specific redevelopment projects such as Circle City Industrial Complex (CCIC) have also been launched in recent months. The area covered by the grant is also within the newly designated Federal Promise Zone.