Rebloom Uptown is a public-private partnership in Indianapolis, Indiana. Its purpose is to facilitate and manage urban renewal projects in Indianapolis’ uptown district, an area contained within the city’s historic Meridian-Kessler neighborhood.
Contents
The City of Indianapolis has pledged $1,090,000 to Rebloom Uptown in the form of a Home and Community Development Block Grant. Rebloom Uptown also receives financial and political support from a number of community groups and organizations, including Meridian-Kessler Neighborhood Association, College Avenue Neighborhood Development Organization, Harmoni, Broad Ripple Village Association, and 11 other Indianapolis area neighborhood associations.
History
Rebloom Uptown was officially founded in 2010, however its roots can be traced back nearly a decade earlier. In 2001, Leif Hinterberger (an Indianapolis-based real estate developer) created a plan to purchase seven congruent properties along College Avenue in Indianapolis. He planned to raze several aging buildings and replace them with a modern mixed-use structure.
In the years that followed, Hinterberger built a coalition of political figures, community leaders, and neighborhood citizens to support the project. Rebloom Uptown has received endorsements from Representative André Carson, Senator Richard Lugar, Indiana House Speaker Pat Bauer, and the State of Indiana Housing Agency.
Proposed Projects
The proposed centerpiece of the district is mixed-use building called The Uptown. The structure is slated for construction on College Avenue between 50th and 49th Avenues, where several abandoned and dilapidated buildings now stand. When complete, the 65,000 sq. ft., 3-story building will feature street-level retail space with apartments above.