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Indianapolis, Indiana – GM Plant

What:		Advisory Services Panel – Indianapolis, Indiana – GM Plant
Where:		City of Indianapolis
When:		June 19-24, 2011
Who:		Develop Indy and the City of Indianapolis
Subject:		Vision, Revitalization and Regeneration for the GM Stamping Plant located west of Downtown

In January 2011, General Motors announced the closing of the GM Stamping Plant, a 2 million square foot industrial facility located west of downtown Indianapolis. While resulting loss of jobs is a disappointment to the residents and GM employees, the City sees this as an excellent opportunity to revitalize this well situated property. The property has over ¼ mile of frontage on the White River Parkway, excellent access from I-70 and only ½ mile from the new development emerging around the new Lucas Oil Stadium.

Develop Indy and the City of Indianapolis An Urban Land Institute Advisory Services panel consisting of experts in real estate development, preservation, urban planning, industrial regeneration, economic development and public policy will visit Indianapolis to provide strategic advice on a variety of land use and real estate issues. Led by former Indianapolis Mayor Bill Hudnut, this panel will spend a week reviewing, interviewing and framing recommendations for use by Develop Indy, the City’s Economic Development arm. Hudnut, currently Senior Fellow Emeritus at the Urban Land Institute will be joined by former Pittsburgh Mayor Tom Murphy. The panel is tasked with exploring the site’s market potential, suggesting development strategies, formulating planning and design ideas and framing implementation procedures to ensure that the site remains a productive part of the Indianapolis urban fabric.

More information about the City and Develop Indy visit: www.developindy.com

Develop Indy and the City of Indianapolis

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ULI has been conducting Advisory Panels since 1947 providing sponsors with detailed strategic advice on difficult local land use issues where an “outside point of view” is an important step in realizing a vision. Panelists are some of the most senior and informed land use, real estate and policy professionals in the business and will include developers, planners, architects, economic development experts, land economists and market analysts.

Past sponsors of ULI advisory services panels include: federal, state and local government agencies; regional councils of government; chambers of commerce; redevelopment authorities; private developers and property owners; community development corporations; lenders; historic preservation groups; non-profit community groups; environmental organizations; and economic development agencies. Over the years, the program has been a leader in offering redevelopment advice for challenges across the country, including recommendations for Oklahoma City after the 1995 federal building bombing; Minneapolis following the I-35W Mississippi River Bridge in 2007; Lower Manhattan after the 9-11 terrorist attacks; and the Gulf Coast region following Hurricane Katrina.