Speedway Redevelopment Area 2

Speedway, Indiana

The redevelopment of the corridor aimed to attract businesses and housing in the area. The Speedway Redevelopment Commission wished to redevelop this corridor, which consists of older obsolete strip retail development with an approximate 50 percent vacancy rate. Findings of blight along the Crawfordsville Road corridor and surrounding areas posed the biggest reason for redevelopment within this area, along with substandard building conditions, fringe economy, and crime. The plan will incorporate strategies for attracting businesses and offering a mix of housing within the area.