Indiana St considers vacant buildings for housing

Apr 16, 2012 | Posted by: roboblogger | Full story: Journal & Courier

TERRE HAUTE, Ind. - Indiana State University is looking at some vacant buildings in downtown Terre Haute as a possible site for new student housing.

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“Taxes are too darn high”

Since: Jul 11

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#1
Apr 16, 2012
 

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Because they don't already own a bunch of empty lots ?
Keep Calm and Carry On

Chicago, IL

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#2
Apr 16, 2012
 
Good idea! Since we all know that the code enforcement and local police dept. is a joke. Why not get some use out of all those condemed buildings that the powers that be weren't interested in making any money off of?
Todd Nation

Terre Haute, IN

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#3
Apr 16, 2012
 

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It's important to note that those of us who care about rehabilitating and preserving noteworthy historical buildings aren't advocating "doing nothing" with what's left of Wabash Avenue's 500 block. The 100,000 square feet of built space in those buildings is ripe for conversion into upstairs housing and ground floor retail.

This is not an original or particularly risky idea. If you look around downtown, you will see properties that have gone through this process that make significant, positive contributions to downtown's atmosphere. Goetz Printing, my property at 7th and Wabash, Corey's Fine Footwear, the Saratoga and the White Block across the street from it are all examples of historic buildings that have been adaptively reused over the last decade.

In my opinion, the only thing that distinguishes the above-listed buildings from those that ISU, Thompson Thrift, Joe Selliken and the Ellises are contemplating tearing down is owner will. Rehab projects take hard work, stamina and investment -- but the end result pays.

If ISU really wants to "energize downtown", they should buy the buildings being offered on Wabash Avenue's 500 block, build their new building on the already-cleared surface parking lots stretching from Wabash to Cherry along 5th Street, and sell the historic properties in question for what they paid to people who want to invest in downtown. I'll be first in line to buy one.
GalFriday75

Terre Haute, IN

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#4
Apr 16, 2012
 
Todd Nation wrote:
It's important to note that those of us who care about rehabilitating and preserving noteworthy historical buildings aren't advocating "doing nothing" with what's left of Wabash Avenue's 500 block. The 100,000 square feet of built space in those buildings is ripe for conversion into upstairs housing and ground floor retail.
This is not an original or particularly risky idea. If you look around downtown, you will see properties that have gone through this process that make significant, positive contributions to downtown's atmosphere. Goetz Printing, my property at 7th and Wabash, Corey's Fine Footwear, the Saratoga and the White Block across the street from it are all examples of historic buildings that have been adaptively reused over the last decade.
In my opinion, the only thing that distinguishes the above-listed buildings from those that ISU, Thompson Thrift, Joe Selliken and the Ellises are contemplating tearing down is owner will. Rehab projects take hard work, stamina and investment -- but the end result pays.
If ISU really wants to "energize downtown", they should buy the buildings being offered on Wabash Avenue's 500 block, build their new building on the already-cleared surface parking lots stretching from Wabash to Cherry along 5th Street, and sell the historic properties in question for what they paid to people who want to invest in downtown. I'll be first in line to buy one.
I love it, Todd! I hope that the Ellis, et all keep in mind that restored historical buildings will ad value to our downtown area, more than a modern monstrosity ever could!
NotFooled

Terre Haute, IN

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#5
Apr 17, 2012
 

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Todd GalFriday75 Nation wrote:
<quoted text>
I love it, Todd! I hope that the Ellis, et all keep in mind that restored historical buildings will ad value to our downtown area, more than a modern monstrosity ever could!
Thanks Todd Your the greatest!!!!!!

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