Document Archives

FOR IMMEDIATE RELEASE Juncos Racing breaks ground on new $3 million, 41,000 sq. ft. headquarters Speedway Main Street’s newest addition accommodates racing team’s continued growth   Speedway, Ind. (January 21, 2016) — Argentinean racing team Juncos Racing is today breaking ground on a new facility and headquarters in downtown Speedway. Joined by the Speedway Redevelopment Commission (SRC), Speedway Town Manager Ian Nicolini and President of the Indianapolis Motor Speedway Doug Boles, Juncos dug the first shovels into its new $3 million, 41,000-square-foot facility situated at the corner of Gilman Street and Allison Way in Speedway. The
FOR IMMEDIATE RELEASE                                                                                        Sept. 8, 2015 Big Woods Speedway breaks ground on Main Street Popular Southern Indiana brewpub expected to open before 100th running of Indianapolis 500 Speedway, Ind. – The Speedway Redevelopment Commission gathered today with owners of Big Woods Brewing Co. to break ground on the construction of Big Woods
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FOR IMMEDIATE RELEASE            June 17, 2015   SRC Media Contact:                                                                                                        Daredevil Brewing Co Contact: Blair Mulzer                                                                                                                        Shane Pearson 317.650.9199                                                                                                                      720-883-3985 bmulzer@hirons.com                                                                                                    shane@DaredevilBeer.com   Daredevil Brewing Co opens Main Street Production Brewery and Public Taproom Town of Speedway celebrates opening of new craft brewery with a ribbon-cutting ceremony Speedway, Ind. — On Wednesday, June 17, Daredevil Brewing Co, makers of Lift Off IPA and aggressively fun craft beers, celebrated the completion of its new production facility and first public tap room with a grand opening event held at its outdoor patio
Hundreds of Scooterists around the World Headed to Indianapolis Motor Speedway Published on June 4, 2015 by Jack Korpela   ·   No Comments Race cars aren’t the only vehicles hitting the world-famous oval track at the Indianapolis Motor Speedway this year. For the first time, the Racing Capital of the World welcomes the 23rd annual
FOR IMMEDIATE RELEASE May 20, 2015 Speedway’s Main Street welcomes Foyt Wine Vault New wine bar features premium Foyt Family Wines from vineyards in Napa and Sonoma Speedway, Ind. May 20— Wine aficionados and racing fans can now share motorsports memories over a bottle of Foyt Family Wines’ award-winning Meritage, Chardonnay or Mt. Veeder Cabernet Sauvignon — just in time for the 99th Running of the Indianapolis 500 this weekend.
Amy Haneline and Liz Biro, liz.biro@indystar.com6:34 p.m. EDT May 14, 2015 http://www.indystar.com/story/life/food/2015/05/14/next-mass-ave-speedway-loads-food-drink/27330989/ (Photo: Kelly Wilkinson/The Star) 1578CONNECT 36TWEET
FOR IMMEDIATE RELEASE            May 8, 2015   SRC Media Contact:                                                                                                    Daredevil Brewing Co Contact: Blair Mulzer                                                                                                                        Shane Pearson 317.650.9199                                                                                                                       720-883-3985 bmulzer@hirons.com                                      
Allison Transmission dedicates historical marker in honor of original machine shop INDIANAPOLIS – May 7, 2015 – As part of ongoing activities to celebrate the company’s centennial in 2015, Allison Transmission Holdings Inc. (NYSE: ALSN) today announced the dedication of an ‘Allison Machine Shop’ historical marker at the building’s location where it still stands on Main Street in Speedway. The marker is part of the State of Indiana Historical Marker Program which is administered by the Indiana Historical Bureau. State historical markers commemorate significant individuals, organizations, places and events in Indiana history. Since 1946, the marker format has been a
FOR IMMEDIATE RELEASE May 7, 2015   Speedway Media Contact                                                                                     Juncos Media Contact: Blair Mulzer                                                                                                                   Abby Heffron 317.650.9199                                              
Speedway Indoor Karting will open in April 2016 on 1067 Main St. in Speedway, Indiana.   SPEEDWAY, Ind. (April 30, 2015) – Indianapolis 500 veteran Sarah Fisher is continuing her tradition of entrepreneurship, announcing today plans for Speedway Indoor Karting (SIK), a 60,000 square-foot, state-of-the-art indoor karting facility that will open to the public in April 2016. The facility will be located at 1067 Main St., in the heart of Speedway, Indiana. The multi-level karting facility is a privately owned investment by
Liz Biro, liz.biro@indystar.com11:38 a.m. EDT April 23, 2015 Big Woods Brewing Co. in Nashville, Ind., is known for its pulled pork nachos. Of the 900 pounds of pork the place blows through each week, 75 percent lands on tortilla chips, head chef Steve Beauchamp said. About 400 orders leave the kitchen over weekends. When Indy Star beverage reporter Amy Hanelinewent to Big Woods to talk about the company’s Speedway location opening in spring 2016, I tagged along to find out what the nacho fuss
Amy Haneline, amy.haneline@indystar.com11:33 a.m. EDT April 23, 2015 Speedway is about to get its “quaff on.” The town’s redevelopment committee has announced that a Big Woods Brewing Company will be built at the corner of 10th and Main streets. The 7,500 square-foot restaurant and beer garden is slated to open next spring. It joins Daredevil Brewing and the Foyt Family Wine Vault as the latest
“Big Woods Speedway” expected to create 75 jobs at new Main Street restaurant and beer garden Speedway, Ind. – The Speedway Redevelopment Commission announced today plans for construction of Big Woods Speedway, a 7,500-square-foot restaurant and beer garden at the corner of 10th and Main streets. The new location will serve up a full menu including artisanal pizza and smoked pork nachos made famous at the Nashville, Ind., restaurant of the same name. It also will offer a best-in-class craft beer selection, including brews from the group’s Quaff ON! Brewing Co. in Bloomington, as well as Foyt family wines and
By ALEXANDER MCCALL Posted January 15, 2015 Italian automotive suppliers OMR Automotive and Sirmax say they’re bringing operations to Indiana. The announcement came Thursday during Gov. Mike Pence’s visit to the International Auto Show in Detroit. OMR Automotive will invest $10 million into a new 43,000 square-foot facility on its 2.5-acre campus in Speedway. “Indiana stands out as the ideal place for our North American home base, situated in Speedway, a town known the world over for its legacy in auto racing,” OMR chairman Marco Bonometti said. “Our team looked across the region for a place that
January 15, 2015 | Mason King Two Italian firms with strong ties to the automotive industry plan to start production operations in central Indiana with separate projects totaling more than $35 million and creating up to 110 jobs over the next several years, state officials announced Thursday morning.Joining Indiana Gov. Mike Pence at the North American International Auto Show in Detroit, executives from both firms said Thursday they chose the locations in Speedway and Anderson for their proximity to the heart of the nation’s automotive sector. OMR Automotive, a Brescia, Italy-based supplier for the Fiat Group, plans to locate
Area Development.com  Italy-based OMR Automotive, a tier 1 automotive supplier for the Fiat Group, will locate its North American headquarters in Speedway, Indiana, creating up to 60 new jobs by 2016. OMR Automotive will invest $10 million to construct a 43,000 square-foot facility on its 2.5-acre campus located at 4755 Gillman Street in Speedway, which includes the installation of new equipment and advanced manufacturingtechnologies. The company also purchased an additional 2.5 acres located at 4743 Gillman Street for future expansion. As OMR’s fifth location outside of
Dwight Adams, dwight.adams@indystar.com1:57 p.m. EST January 15, 2015 An Italian auto supplier said Thursday that it will build its North American headquarters in Speedway, creating up to 60 jobs by 2016. Brescia, Italy-based OMR Automotive said it will begin building a 43,000-square-foot facility on a 2.5-acre campus at 4755 Gilman St. in Speedway, starting in April, with plans to open by the end of the year. It also bought 2.5 acres on adjacent land for future expansion, according to a news release from the Indiana Economic Development Corp. The company, which serves as a
updated: 1/15/2015 1:19:16 PM InsideINdianaBusiness.com Report Two Italian auto suppliers have announced plans to bring operations to Indiana. OMR Automotive says it will invest $10 million into a new operation in Speedway and create up to 60 jobs by 2016. Also, Sirmax has announced it will locate its first North American production facility in Anderson. The company plans to pump $25 million into the project and add 50 jobs. Both announcements were made during Governor Mike Pence’s economic development mission today at the North American International Auto Show
By Alexandra Kruczek Published: January 15, 2015, 12:00 pm Updated: January 15, 2015, 12:43 pm DETROIT (WLFI) – So far, so good for Gov. Mike Pence’s trip to the North American International Auto Show in Detroit. Pence announced Thursday two Italian-based companies have chosen the state of Indiana as the site for their North American operations. In all, more than 100 new jobs will be created in the coming years. The first company is Brescia, Italy-based OMR Automotive — a tier 1 automotive supplier for the Fiat Group. Pence joined
By WISH-TV Staff Reports Published: January 15, 2015, 11:55 am  INDIANAPOLIS (WISH) –  International car production companies OMR and Sirmax released plans Thursday to build in central Indiana. OMR announced that they are building North American headquarters in Speedway, and Sirmax announced plans to build production facilities in Anderson. Gov. Mike Pence made this statement regarding the news: “Indiana’s motor vehicle industry is prominent around the world. Japanese companies like Toyota, Honda and Subaru helped launch the international automotive presence in Indiana that has multiplied in recent years … proving Indiana is a state that works for
FOR IMMEDIATE RELEASE January 15, 2015 Media Contact Blair Mulzer 317.650.9199 bmulzer@hirons.com OMR Automotive establishes North American headquarters in Speedway OMR reaches purchase agreement with Town of Speedway for production of new facility Speedway, Ind. — The Town of Speedway welcomes top-tier auto supplier OMR Automotive to Speedway. The Indiana Economic Development Corporation (IEDC), Town of Speedway and Speedway Redevelopment Commission (SRC) gathered Thursday, Jan. 15, to sign a purchase agreement with OMR Automotive for the construction of a $10 million, 43,000-square-foot production facility on the five-acre lot on Gilman Street between Main
December 23, 2014 Scott Olson | IBJ.com Speedway’s ongoing transformation of its once-desolate Main Street could get a big boost next year from two projects in the works at the north end of the six-block stretch. The town’s redevelopment commission announced Dec. 18 that it agreed to sell the vacant building that housed Rosner Drugstore to an affiliate of locally based Paradigm Real Estate Investments for $75,000. Paradigm plans to invest $1 million to refurbish the building and demolish an adjacent structure to make way for 15,000 square feet of retail, restaurant and office space. Meanwhile, the commission in
Iconic Speedway building to be transformed By Staff Reports | WISHTV.com Published: December 19, 2014, 10:58 am SPEEDWAY, Ind. (WISH) — An iconic building in Speedway will soon have new life. The Speedway Redevelopment Commission and Speedway Rosner LLC have agreed to renovate the Rosner building and bring 15,000-square-feet of retail, restaurant and office space to Main Street. As part of the new development, a building in between the Rosner and the Speedway Town Press will be demolished. The façade of the Rosner building will be kept as is and the surrounding area will be developed into
InsideINdianaBusiness.com Report A developer is looking to give a prominent property a second chance in Speedway’s Main Street district. Speedway Rosner LLC plans to invest more than $1 million into a project including office, retail, restaurant and commercial space at the site of the historic Rosner Building. ______________________________ December 18, 2014 News Release SPEEDWAY, Ind. – The Speedway Redevelopment Commission secured an agreement with Speedway Rosner LLC to renovate Speedway’s iconic Rosner building and develop 15,000-square-feet of new retail, restaurant and office space on Main Street. The new development will also include the demolition and development of the existing
A Speedway Fire Department engine parades past the crowd that watches from the curb as select vehicles take a ceremonial lap around the new roundabout. Dignitaries
FOX59 News Video: http://fox59.com/2014/11/17/the-first-roundabout-opens-in-speedway/ SPEEDWAY, Ind. (Nov. 17, 2014) – The first roundabout is now open for drivers in Speedway. Town officials say it’s supposed to make it a safer intersection for drivers every day, and for the thousands of fans who drive and walk around the area during Indianapolis Motor Speedway events. “That intersection was one of the most difficult intersections for traffic and accidents, so this was an opportunity to clear a traffic problem,” IMS
By Staff Reports Published: November 16, 2014, 6:40 pm  Updated: November 16, 2014, 6:44 pm   SPEEDWAY, Ind. (WISH) – Speedway’s Main Street roundabout will be open for business starting at 5 a.m. Monday. On Sunday, the town held a ribbon cutting to celebrate the progress. Vintage cars, Indy cars and local 18-haulers were the first to take it for a spin. The roundabout was eight years in the making and is now one of the largest roundabouts in
Editorial from SRC President, Vince Noblet                                 Printed in the Indianapolis Star | November 16, 2014 Whether you pass through Speedway to attend an Indianapolis Motor Speedway race, commute regularly for work, or are a longtime resident, it is no surprise that the intersection of Main Street, 16th Street and Crawfordsville Road is a problematic spot, especially during peak periods. Recent traffic studies in Speedway revealed that the intersection received an “F” for safety — with more
InsideINdianaBusiness.com Report A new roundabout near the Indianapolis Motor Speedway is now open to the public. The project is another step in a major redevelopment initiative surrounding the town of Speedway’s Main Street district.
Fox59 POSTED 9:40 PM, NOVEMBER 8, 2014, BY REBECCA BENNETT – ASSIGNMENT EDITOR, UPDATED AT 09:43PM, NOVEMBER 8, 2014 SPEEDWAY, Ind. (November 8, 2014) — Folks are preparing for the opening of the first roundabout in Speedway next week, by practicing driving around them. A scale model of a roundabout was created in the parking lot of Speedway High School and people were able to drive a
The News Dispatch Posted: Friday, November 7, 2014 3:01 am | Updated: 6:04 am, Fri Nov 7, 2014. Associated Press | 0 comments INDIANAPOLIS (AP) — The town of Speedway wants to make sure drivers are prepared for a roundabout outside the Indianapolis Motor Speedway, so they’re offering them a free school on how to navigate them. The school Sunday at Speedway High School will offer drivers the use of golf carts as they learn how
 John Tuohy, john.tuohy@indystar.com3:56 p.m. EST November 5, 2014 Speedway officials expect a big learning curve for drivers using the town’s first roundabout. So they’re offering to send them to school. The town will host a free “Roundabout Driving Academy” at Speedway High School, 5357 W. 25th St., from 3 to 5 p.m. Saturday. Speedway Redevelopment Commission Executive Director Scott Harris said drivers will get to navigate a mock-up of the type of roundabout being built at 16th Street, Main Street and Crawfordsville
By Dave Lewandowski Published: Oct 9, 2014 Dallara’s U.S. headquarters and CFH Racing will have a new neighbor soon on Main Street in Speedway, Ind. The Speedway Redevelopment Commission and A.J. Foyt Racing signed agreements for purchase and renovation of a 45,000 square-foot building that will serve as the Verizon IndyCar Series team’s northern race car shop. Its longtime headquarters and main race preparation facility will remain
Tony DiZinno Oct 9, 2014, 10:45 AM EDT                                                                                                                                                
John Tuohy, john.tuohy@indystar.com11:29 a.m. EDT October 9, 2014 AJ Foyt Racing plans to open offices in a 45,000-square-foot building on Main Street in Speedway. The racer reached an agreement with the Speedway Redevelopment Commission to buy and renovate the building at 1180 Main St. It will serve as an expansion of AJ Foyt Racing’s team offices in Waller, Texas, according to a news release from Foyt Racing. “The Indianapolis Motor Speedway holds a rich part of my history and future,” said A.J. Foyt said in a prepared
FOR IMMEDIATE RELEASE October 9, 2014 Media Contact                                                                                                              AJ Foyt Racing Contact: Blair Mulzer                                                                   
Sep 13, 2014, 6:23 AM ET By GABE SAGLIE, Travelzoo via GOOD MORNING AMERICA Indianapolis is one of the Midwest’s great cities. It’s a business hub. It’s user-friendly. And it’s teeming with everything the discerning traveler is after — from cultural venues and historical landmarks to vibrant entertainment and cutting edge dining. There are many stops in Indiana’s capital city that are worthy of any visitor’s to-do list. These are just a few of our favorites:
Channel 8 | Indy Style By Staff Reports Published: September 9, 2014, 10:51 am  Updated: September 9, 2014, 2:59 pm “I’m honored to be apart of Indy Jazz Fest”, says Josh Kaufman, recent winner of NBC’s hit show The Voice. Indy Jazz Fest returns in 2014 with a 10-day lineup in venues “All Around Town” September 11-20 with huge names creating a buzz. The announcement marks the start of the festival’s 16th year and is a celebration of its year-round dedication to strengthening
Andy Ober, InsideINdianaBusiness.com News Release   Indianapolis, Ind. — A brand-new event will focus the most innovative minds from Indiana and across the country on how Indianapolis can use its creative resources to redefine itself. INDY REDEFINED, created by Achieve and IndyHub, takes place Oct. 30, 2014, at the Dallara IndyCar Factory in Speedway, Ind. Dynamic leaders from the cause and corporate sectors of the economy who are redefining organizational culture will share how to build transparent relationships, better products and services, a more human-centered company and, ultimately, a stronger workforce and business. Scheduled speakers so
FOR IMMEDIATE RELEASE August 22, 2014 Media Contact                                                                                                              Daredevil Brewing Co. Contact: Blair Mulzer                                                                                                                      Shane Pearson 317.650.9199                                                     
By Dustin GrovePublished: August 22, 2014, 6:11 am  Updated: August 22, 2014, 7:01 am INDIANAPOLIS (WISH) – Another local brewery is expanding in central Indiana.Daredevil brewery will hold a groundbreaking ceremony at its future home on Main Street in Speedway Friday morning. Once building is finished by early next year, the two-acre site will be home to a 10-thousand square foot production facility and the company’s first-ever tap room with outdoor seating. Since opening
Posted: Aug 22, 2014 5:34 AM EDTUpdated: Aug 22, 2014 6:35 AM EDT By Carrie Cline, WTHR reporter – Bio | Email SPEEDWAY, Ind. –Another new business is coming to Speedway’s Main Street, and with it, brings a unique blend of manufacturing and retail.It’s called Daredevil Brewing Company and they’re going to break ground
Chris Sikich, chris.sikich@indystar.com 12:36 p.m. EDT August 12, 2014   Daredevil Brewing will break ground Aug. 22 on a new 10,000-square foot brewery in Speedway. Twin brothers Shane and Michael Pearson and friend Bill Ballinger opened Daredevil in December 2012 in Shelbyville, but the brewing company already has run out of space. Daredevil will move all of its operations to the $2 million facility when it’s complete next year on a 2-acre site ust south of the Dallara IndyCar Factory, including a taproom with a full menu. The
          Brewery Announces Groundbreaking InsideINdianaBusiness.com Report Shelbyville-based Daredevil Brewing Co is set to break ground next week on a $2 million operation in the town of Speedway’s Main Street district. The company hopes to have work on the production brewery and tap room complete early next year. August 12, 2014 Facebook Post From Daredevil Brewing Co It takes a village to build a brewery or something like that it seems. We are very excited to be building a new production brewery from the ground
John Tuohy, john.tuohy@indystar.com 11:44 a.m. EDT August 1, 2014 Speedway has unveiled a rail-trail plan.(Photo: Provided) SPEEDWAY – This self-contained racing town tucked into Indianapolis’ west side likes its autonomy, but it doesn’t want to be left out of the
NUVO Posted By Rita Kohn on Wed, Jul 30, 2014 at 11:59 AM New Brews Daredevil: A delicately balanced, authentic Kölsch style ale, Vacation Kölsch is a summer special release beer available on draft. Upland has a cluster of new brews including: Coast Buster Imperial IPA available at Upland retail locations and 4 pack bottles as part of Upland’s year round lineup. It features hops releasing tropical, fruity and floral aromas and flavors. Loner IPA is Upland’s newest
IndyStar 9:39 p.m. EDT July 30, 2014 Tour of Italian Wines 7-9 p.m. Friday, Harmony Winery, 7350 Village Square Lane, Fishers Sample wines from six regions of Italy, from north to south. Discover the difference between a Brunello and a Vernaccia, uncover how soil from different regions affects the taste of wine, and learn the origin of Pinot Grigio. Snacks included. $10. Go to www.harmonywinery.com or call (317) 585-9463. 23rd annual Fish Fry 11 a.m.-8 p.m. Friday and Saturday, Lawrence United Methodist Church, 5200 N. Shadeland Ave. Chow down on Alaskan Pollock sandwiches, fish-and-fries
IBJ Scott Olson July 29, 2014 The town of Speedway is beginning construction on a long-planned roundabout near its world-famous racetrack that will lead to the closure of Georgetown Road while creating a gateway to Main Street. Speedway broke ground Monday on the $15.1 million road project, which should be finished by November, with the aim of making the Crawfordsville Road and 16th Street intersection much safer for motorists. The intersection is made even more perilous by Georgetown Road’s connecting to the north. Speedway officials
By Jessica Hayes WishTV8 Published: July 28, 2014, 3:56 a.m. Updated: July 28, 2014, 12:40 pm SPEEDWAY, Ind. (WISH) — Whether it’s for a big race, like the Indy 500, or a normal day, drivers likely know the intersection of 16th Street, Main Street and Crawfordsville Road in Speedway can be a mess. Starting Monday, crews will put in a roundabout to make the intersection more driver and pedestrian friendly. Right now, the intersection around the Indianapolis Motor Speedway is confusing at best and dangerous at worst for both drivers and walkers. “Just look at the traffic lights,” said Scott Harris
FOR IMMEDIATE RELEASE July 28, 2014   For more information, contact: Blair Mulzer bmulzer@HIRONS.com 317-650-9199   Speedway breaks ground on Main Street roundabout Project is next step in multimillion-dollar redevelopment of Speedway SPEEDWAY, IND. — What has been a comprehensive process of gathering public input and conducting traffic and transportation studies for the Main Street area is now becoming a reality. Construction will begin July 28 on the Main Street roundabout to connect 16th Street and Crawfordsville Road with Main Street. Assessments have concluded that more than 63 percent of total accidents in Speedway occur
Posted 6:49 AM, July 28, 2014, by Dan Spehler and michaelhenrichfox59, Updated at 06:51am, July 28, 2014 By Dan Spehler & Michael Henrich SPEEDWAY, Ind. (July 28, 2014) — With an eye toward easing traffic congestion en route to the Indianapolis Motor Speedway, leaders in Speedway are breaking ground on a new roundabout. The roundabout will alter the intersection where Main Street meets 16th Street and Crawfordsville Road.
John Tuohy, john.tuohy@indystar.com
Project is step in multimillion-dollar redevelopment of Speedway July, 28, 2014 SPEEDWAY, IND. — What has been a comprehensive process of gathering public input and conducting traffic and transportation studies for the Main Street area is now a reality. Construction is complete on the Main Street roundabout connecting 16th Street and Crawfordsville Road with Main Street. Assessments have concluded that more than 63 percent of total accidents in Speedway occurred at this intersection — and in the coming years, the area was projected to experience even more congestion. The new roundabout will ease traffic flow and encourage business growth in
NUVO By Sarah Fisher
FOR IMMEDIATE RELEASE Feb. 28, 2014 For more information, contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 Daredevil Brewing Co. Contact Shane Pearson shane@DaredevilBeer.com (720)883-3985 Speedway Redevelopment attracts Daredevil Brewing Co. to Speedway Plans include new production brewery and taproom on Main Street Speedway, Ind. — The Speedway Redevelopment Commission has entered into a development agreement with Daredevil Brewing Co., makers of Lift Off IPA and aggressively fun craft beers, to acquire a two-acre site at the 1100 block of Main Street. “A craft brewery on Main Street provides a new type of destination location that complements
FOR IMMEDIATE RELEASE September 20, 2013 For more information, contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 RV Innovator GCT Hires IndyCar Manufacturer Dallara in Global Strategy to Build World’s Most Advanced RVs (Speedway, Indiana) – A futuristic green super-luxury RV will soon be on display to the public, as today RV innovator Global Caravan Technologies (GCT) has announced that collaborations are underway to introduce the world’s first carbon fiber RV, called ‘CR-1 Carbon’.  GCT’s collaborations include the advice and expertise of IndyCar manufacturer Dallara. Designed with an aerospace and supercar-inspired monocoque structure and connected vehicle technology, GCT’s CR-1 Carbon
FOR IMMEDIATE RELEASE Aug. 20, 2013 For more information, contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 Speedway Celebrates Progress and Announces Plans for 16th Street Roundabout Project Construction Scheduled to Begin Fall 2013 The Speedway Redevelopment Commission, Town of Speedway and Indianapolis Motor Speedway have announced plans for the upcoming construction of the 16th Street roundabout project. The Commission has received public input from residents and commuters and partnered with organizations over the past eight years to conduct studies on the most cost-effective and results-driven solutions for the 16th Street area. These studies included a regional transportation
April 27, 2013 By Anthony Schoettle at IBJ.com Speedway officials have launched an ambitious $500 million redevelopment project to transform the town into a year-round racing-themed destination. The 400-plus-acre project includes road improvements, land acquisition and a total makeover of Main Street. Already, the project—dubbed Speed Zone—has resulted in a Dallara race car factory and the Sarah Fisher Hartman Racing headquarters along Main Street. Lots more is planned, and Speedway Redevelopment Commission Director Scott Harris is charged with getting it done. IBJ reporter Anthony Schoettle sat down to discuss the
April 15, 2013 By Curt Cavin at IndyStar.com
FOR IMMEDIATE RELEASE Nov. 26, 2012 For more information contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 Speedway Redevelopment Plans include Apartment Property Purchase Speedway Redevelopment Commission makes offer to purchase International Village Apartments SPEEDWAY, Ind. — The Speedway Redevelopment Commission intends to purchase the International Village Apartments as part of the Area Two Master Plan goals. The SRC has tendered a competitive offer to current owner Resource Real Estate. Located on the 6300 block of Hollister Drive on Speedway’s northwest side, the apartment complex has become a public safety challenge.  Recent police runs and a spate of fires have
FOR IMMEDIATE RELEASE Nov. 2, 2012 For more information, please contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 Speedway Master Plan of Area 2 Unveiled Plan includes development, transportation updates to northwest side of Speedway SPEEDWAY, Ind. — Continuing the momentum of progress made on Speedway’s Area 1 Master Plan, including new construction, shovel-ready sites, new dining options and pedestrian friendly areas, the Speedway Redevelopment Commission presented the findings and Master Plan for Area 2 on Nov. 1. Area 2 is located in the northwest corner of Speedway and is a beneficial piece to the commercial needs
October 16, 2012 Check out the progress of the Sarah Fisher Hartman Racing facility on Main Street. All of this went up in just a few days!
By Tom Harton at Indiana Business Journal The restaurant Dawson’s on Main last month bought the building on Main Street in Speedway it has leased since 2006, a vote of confidence in the retail strip that the Speedway Redevelopment Commission would like to see repeated as it continues to nurture development there. The six-block stretch just outside the front door of the historic Indianapolis Motor Speedway was desolate when the redevelopment commission was formed by the town of Speedway in June 2005. But Main is being transformed thanks to a $10 million streetscape project and the new $7 million
June 19, 2012 Lino’s Coffee in Speedway puts an Italian face on your java in the new building that houses the headquarters for racing company Dallara By Dan McFeely at IndyStar.com The first thing you notice when you walk into Lino’s Coffee is the immensity of the place — a sky-high ceiling, giant front windows, a bar shaped like an oval track. Clearly, this is a place built for big crowds, which is pretty much the opposite of most coffee houses in America. But then again, Speedway has always
June 16, 2012 By Lou Harry at IBJ.com The opening of a chain coffee shop wouldn’t normally be something I’d dedicate a column to. But Lino’s Coffee (1201 Main St., Speedway) is no ordinary coffee shop. At least, not in the continental United States, let alone within sprinting distance of the Indianapolis Motor Speedway. Choosing the ground floor of the Dallara race-car chassis facility as its first Western Hemisphere location, Lino’s runs the risk of being considered out of the way. But successful eateries like successful race car drivers know that without guts, you don’t stand out. Parma ham,
June 15, 2012 By T.J. Banes at IndyStar.com As she wraps damp strands of hair around inch-long brush rollers, Stella Florence “Ted” Szatkowski tells one story after another, each time giggling like a schoolgirl. Most of her stories are about her clients — from Brownsburg to Bloomington — who have been coming to Ted’s Beauty Shop for more years than she can remember. “This one gal drove all the way over here just to give me a hug. I’d done her hair for her wedding several years ago. I said, ‘Well, what I really want to know is, are
June 11, 2012 By Matthew Tully at IndyStar.com City-County Councilman John Barth stood on the corner of 39th and Illinois streets one night last week, explaining the benefits of a proposed ordinance to make such areas friendlier to those not in cars. As he worked to make his case, however, it was made for him. Roughly 200 feet away, a group of children, eager to make their way from a parking lot on the west side of Illinois to a park on the east side, raced dangerously across the street as cars driving too fast approached.
May 31, 2012 Click here to watch video at InsideIndianaBusiness.com Indiana’s formidable motorsports industry includes thousands of businesses and hundreds of racing teams. Inside INdiana Sports Contributor Bill Benner discusses the economic impact with Indiana Motorsports Association Executive Director Tom Weisenbach. Weisenbach works out of an office on Main Street in Speedway.
May 29, 2012 By Erika Smith at IndyStar.com Late Thursday afternoon, I found myself sitting next to a woman from Boise, Idaho, in a basement in Speedway. That would be Speedway the town, not Speedway the track. Her name is Myrna Harris, and she was raving about the town’s tree-lined streets, old houses and the food she was eating that had been prepared by a handful of Speedway restaurants. Outside, I could hear the faint whirring of an IndyCar, the two-seater kind that’s designed to give tourists a thrill. Hours earlier, it had captivated her attention on every pass.
May 29, 2012 By Matthew Tully at IndyStar.com Nineteen year-old Carly Lewis sat on her front porch trying to learn how to play her new guitar on a recent sunny afternoon, days after returning from Indiana University’s Bloomington campus to her childhood home in Speedway. As in Speedway, Indiana — a little town within a city that has a famous name but remains somewhat of a mystery to many people. Sure, everyone knows about the Indianapolis Motor Speedway, the most famous race track in the world, but what about the surrounding town? Why does it exist? Even many longtime
May 22, 2012 WISHTV8 By: Jessica Hayes May 22, 2012 Link to story SPEEDWAY, Ind. (WISH) – Main Street in Speedway is just minutes from the track. But folks in Speedway will tell you, the greatest spectacle in racing is so much more than just race day. The entire town is doing pre-race planning. One new coffee shop/restaurant inside the Dallara facility, Lino’s Coffee, bills itself as a local taste of Italy. Since Dallara and Lino’s are both Italian companies, developers said it made sense to house them near the track. Most of Lino’s menu, like
May 21, 2012 Indianapolis Star Our Opinion May 19, 2012 Link to story As home of the Indianapolis 500, the town of Speedway knows all about fast starts, sustained speed and hard charges to the finish line. But the extreme makeover now under way in the Westside community is taking a different approach — a slow but steady drive toward pumping fresh energy into Main Street and other areas near the Indianapolis Motor Speedway. The first part of the project, rebuilding Main between 10th and 16th streets, is now complete. The six-block streetscape features eye-catching
NOTICE Work related to subsurface utilities has begun along 10th Street (AT&T, Citizens Energy, Marathon and Indianapolis Power & Light). The construction contract was let by the Indiana Department of Transportation on May 2, and the lowest bidder was Milestone. The contractor will begin construction in June, and the project will be completed by the end of the year. Traffic along 10th Street should not be impacted until after July 27.
May 18, 2012 Lino’s Coffee is opening a new cafe at the Dalara building, making it the coffee maker’s first location in the western hemisphere. Full story and video at Fox59.com A taste of italiano is coming to Speedway’s revitalized Main Street. Lino’s Coffee is opening a new cafe at the Dalara building, making it the coffee maker’s first location in the western hemisphere. The goal of the new shop is to give customers an authentic Italian experience by offering Italian espresso and coffee drinks, Panini, pasta, salads, specialty sandwiches, gelato, beer and wine. Lino’s Coffee along with Dalara
May 18, 2012 Town’s efforts to revitalize itself are bearing fruit just as visitors begin to arrive for the race IndyStar.com story Written by Bruce C. Smith After five years of planning and building, the $25 million transformation of Speedway’s aging Main Street is beginning to take hold just in time for hundreds of thousands of visitors this month to the Indianapolis 500. The newest sign of progress is an Italian cafe and coffee bar set to open next week in the sparkling Dallara building, the new home of the Italian race car designer that assembles
May 18, 2012 Lino’s Coffee to Join Dallara Facility on Main Street Just as 33 drivers will speed to the finish line on May 27 at the Indianapolis Motor Speedway, an internationally renowned restaurant is racing to open its doors for Speedway residents and visitors to enjoy. Italian-based Lino’s Coffee will open its first location in the western hemisphere within the Dallara facility on Main Street, serving authentic Italian coffees, beverages and food shipped directly from Parma, Italy. The shop, whose goal is to provide an “authentic Italian
May 16, 2012 InsideINdianaBusiness.com Report The Speedway Redevelopment Commission says visitors for this year’s Indianapolis 500 will see new dining and entertainment attractions in the town. The organization says the new Dallara facility has helped attract new investments in the heart of Speedway. As Main Street redevelopment creates a dynamic, vibrant downtown in Speedway, visitors in May now have even more reasons to visit than the 2.5-mile oval. Anchored by the new Dallara facility, Main Street in Speedway now offers new dining and entertainment attractions for race fans and their families, lining streets with infrastructure overhauls. “Speedway’s Main
May 10, 2012 By Andy Ober at InsideINdianaBusiness.com Nothing says “Indiana” more than the rumble of 33 engines on a beautiful May afternoon. But when the green flag drops on the Indianapolis 500 later this month, there will be even more reasons for Hoosiers to celebrate motorsports as the new Dallara DW12 chassis is made with parts from 25 Indiana companies, resulting in a truly Hoosier race car. It might not seem surprising that so much of the chassis is made in Indiana. After all, more than 1,600 businesses throughout the Hoosier State support racing in all its many forms.
May 10, 2012 By David Barras at WISHTV.com A new health pavillion is being built at the corner of 10th and Main streets in Speedway, a corner that only a year ago housed an abandoned factory building. It’s the next step in the redevelopment of a once-thriving city that had fallen on tough times. Speedway has been moving toward this goal for seven years now. And while the finish line is a long way off, the start has been a good one. With the turn of a shovel, a nearly $2 million Community Westview outpatient health care center goes
May 9, 2012 From InsideINdianaBusiness.com Community Health Network is beginning construction this morning on a medical pavilion in downtown Speedway. The healthcare provider expects the project to be completed by next year and says the $1.8 million Community Westview Health Pavilion could create around 50 jobs. Plans include primary care and imaging facilities, as well as residency programs in partnership with Marian University. Community Health Network will break ground on a 40,000 square foot healthcare pavilion along Main Street in downtown Speedway during a ceremony on May 9. Named Community Westview Health Pavilion, the facility, located at 1025 Main Street,
May 8, 2012 Video at InsideINdianaBusiness.com An iconic Indiana manufacturer has entered a new chapter that should improve access to capital and help continue a move into new market segments. Allison Transmission Holdings Inc. (NYSE: ALSN) raised more than $600 million in a March initial public offering. Chief Executive Officer Larry Dewey says the funding should support plans to increase Allison’s presence in the short-haul and truck-hybrid markets. He sat down with Inside INdiana Business Gerry Dick for one of his first extended interviews following the IPO. Dewey also says there is a solid future in so-called green transmission
April 19, 2012 From IndyStar.com The first franchised Yogulatte store will open in May at 1032 Main St., Speedway. Karen Vance will open the coffeehouse and self-serve frozen yogurt shop in 1,370 square feet next to her photo studio. Yogulatte has a shop at 755 Massachusetts Ave.Suburan office vacancy rate falls The suburban office vacancy rate in the first quarter fell to 20.2 percent from 21.2 percent in the fourth quarter, said the CBRE real estate firm. It was the strongest suburban leasing spurt since 2006, CBRE said.
April 19, 2012 At IndianapolisMotorSpeedway.com May 12 Schedule: 8am – Automobile Festival participants can enter North Tunnel Gate 10 (Off 30th Street) 8am – 9am – Participants are staged for track lap 9am – Track is open for Automobile Festival laps 9:30am – After track lap is completed participants will be directed to designated parking areas (MotoGP Race Course) The Automobile Festival is an exciting new segment of the Celebration of Automobiles in 2012, featuring hundreds of current and late model vehicles on display in manufacturer- and model-specific groups inside the infield of the famous IMS oval. American sports,
Full video at InsideINdianaBusiness.com Report A high-profile IndyCar team is moving forward with plans to build a $2.5 million headquarters in Speedway. Sarah Fisher Hartman Racing Owner and former IndyCar driver Sarah Fisher says permits are still being secured for the project and she is looking forward to becoming a neighbor of the Dallara facility in Speedway. During an appearance on Inside INdiana Business Television, Fisher tells Gerry Dick she is excited about the move and discusses the challenges of being an open wheel racing entrepreneur. Fisher was a driver in nine Indianapolis 500 mile races. She admits that she
May 10, 2012 From InsideIndianaBusiness.com Sarah Fisher Hartman Racing (SFHR) has renewed its partnership with the Motorsports Engineering program at Indiana University-Purdue University Indianapolis (IUPUI)—a relationship that is bettering both groups and developing a stronger talent pipeline for the motorsports industry. “We’re thrilled to partner with the Motorsports Engineering Program at IUPUI again this year,” said Sarah Fisher, co-owner of SFHR. “Our programs have not only paralleled each other in terms of growth over the past few years, but we’ve also had the opportunity to intersect in some very unique ways to promote education and the depth of the
May 9, 2012 By Kjerstin Ramsing at Fox59.com Big changes are coming in Speedway, just in time for the 96th Indianapolis 500. Community Health Network is breaking ground on a new healthcare pavilion Wednesday. “The new facility is located at corner of Main and 10th streets, so we really think it is at a location that really provides a window to the whole town of Speedway and the redevelopment they have undertaken,” said Jon Fohrer The $1.8 million Community Westview Health Pavilion is yet another change to Main Street and downtown Speedway. Those close to the
February 28, 2012 By Lesley Weidenbener at The Statehouse File INDIANAPOLIS – Student performance on advanced placement exams used to award college credit to high school students improved again last year, the Indiana Department of Education announced Thursday. Overall, 61 percent of Indiana’s public schools increased their AP pass rates from 2010 to 2011 – although few met a goal set by Superintendent of Public Instruction Tony Bennett. He is pushing schools to achieve 25 percent pass rates. This year, 25 schools hit that mark, compared with eight schools
February 24, 2012 By Ken Gross at Autoweek.com THE 5 BEST Indianapolis Motor Speedway Hall of Fame Museum, Indianapolis www.indianapolismotorspeedway.com If you’re into race cars, the Indy museum is simply the best, filled with trophies, memorabilia and 500-winning cars, plus a subterranean storage area. See the rest of the list at: http://www.autoweek.com/article/20120223/carnews01/120229932
Jan. 25, 2012 Indianapolis Star Westview Hospital will add Community before its name in a nod to its new collaboration with the Community Health Network. The two hospitals announced in June that they would affiliate, giving Community a presence on the Westside and Westview more clout in the changing health-care environment. The hospital will get new signs this week. In addition, Community Health Network is planning to open an out-patient health pavilion along Main Street in downtown Speedway.
By Bruce Smith Indianapolis Star Dec. 16, 2011 Link to story It’s been a very good year for Sarah Fisher of the Izod IndyCar Series. She won her first race as a team owner. She delivered a baby girl in September. And now her racing team is moving front and center to Main Street in the motor-sports capital. Fisher and team co-owner Willis “Wink” Hartman announced plans Thursday to build a $2.5 million headquarters and race shop to  house Sarah Fisher Hartman Racing in Speedway.
By Scott Olson Indianapolis Business Journal Dec. 15, 2011 Link to story Sarah Fisher Hartman Racing plans to build a $2.7 million headquarters in the heart of Speedway’s new Main Street to house her IndyCar series race team. Fisher and team co-owner Wink Hartman, who came aboard in April to provide financial backing, announced Thursday that they hope to break ground on a two-story, 37,000-square-foot facility in February. The shop could be completed in September and will be constructed just north of the Italian-based racing company Dallara, which builds chassis for the racing series. Fisher’s new
FOR IMMEDIATE RELEASE Dec. 15, 2011 For more information, please contact: Colleen O’Gara On behalf of SFHR colleen@sarahfisher.com (317) 313-0684 Blair Mulzer bmulzer@hirons.com (317)650-9199 Sarah Fisher Hartman Racing to move racing headquarters to Speedway Race team unveils plans for new facility in heart of Speedway’s redevelopment area SPEEDWAY, Ind. — Sarah Fisher Hartman Racing (SFHR) in conjunction with the Speedway Redevelopment Commission (SRC) announced the race team will relocate its motorsports headquarters from Indianapolis to Speedway’s Main Street, adding yet another motorsports powerhouse to the
By Bruce Smith Indianapolis Star Dec. 15, 2011 Link to story The first of the new generation of Indy race cars will ship out today from the Dallara motorsports facility in Speedway, marking a milestone for both the automaker and the town’s redevelopment of Main Street. Italian automaker Dallara and its U.S. distributor, Indy Racing Experience, have partnered in a $7 million plant to design and assemble the next generation of chassis for the IndyCar series in time for the 2012 race season. Indy racing teams are scheduled to begin picking up crates containing the first
By Diana Penner Indianapolis Star Nov. 22, 2011 Link to story Speedway residents could have a new health care option by January 2013 under a possible collaboration between the Speedway Redevelopment Commission, Westview Hospital and Community Health Network. The three organizations are talking about building a 40,000-square-foot Community Westview health pavilion on Main Street in downtown Speedway. Construction of the facility, which still must be approved by the Community Health and Westview boards, could begin in early spring. It would offer outpatient medical care, more than triple the presence of Community and Westview in Speedway and
FOR IMMEDIATE RELEASE Nov. 22, 2011 For more information, contact: Blair Mulzer On the behalf of the SRC bmulzer@hirons.com (317)650-9199 Lynda de Widt Community Health Network ldewidt@ecommunity.com (317) 621-3636 Sue Yeskie Westview Hospital Sue.Yeskie@westviewhospital.org (317) 524-8108 Speedway Redevelopment Commission discusses potential new Community Westview health pavilion Health network proposes project for multifaceted health center on Main Street SPEEDWAY, Ind. – The Speedway Redevelopment Commission (SRC), Westview Hospital and Community Health Network have engaged in discussions regarding the potential new development of an approximately 40,000-square-foot Community Westview health pavilion
Racer.com Nov. 17, 2011 Link to story Dallara Automobili is shipping two 2012 IZOD IndyCar Series chassis per day from its Italy headquarters to its Speedway, Ind., temporary facility through next week to fulfill the initial batch ordered by teams. Ancillary items such as wiring looms, radiators, etc., will be available for team pickup starting Dec. 15. Engine manufacturers Chevrolet and Honda are continuing on-track evaluation with their own Dallara chassis through mid-December. The next test session is scheduled for Auto Club Speedway in Fontana, Calif., at the end of the month. Dallara officials expect to move
Inside INdiana Business Oct. 7,2011 Link to Story Speedway officials have broken ground on a housing rehabilitation project. The Speedway Housing Improvement Program is an initiative focused on owner-occupied and foreclosed or distressed properties in need of a rehabilitation, renovation or repair. News Release SPEEDWAY, Ind. — Speedway Town leaders today celebrated implementation of a new comprehensive housing program designed to bolster owner-occupied housing by breaking ground on its first housing rehabilitation project. The home, located at 5418 West 25th Street, is a foreclosed property acquired in September by the Speedway Community
FOR IMMEDIATE RELEASE Sept. 30, 2011 For more information, contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 Redeveloped Gilman Street ushers in new Allison Way Speedway Redevelopment Commission, Allison Transmission announce street name with project completion SPEEDWAY, Ind. – Speedway Redevelopment Commission (SRC) and Allison Transmission Inc.’s leadership celebrated the completion of yet another redevelopment project in Speedway, Ind., on Sept. 30 with the announcement of a new street name in Speedway – Allison Way. Allison Way, which is a north-south corridor that connects Gilman Street to 10th Street east of
Inside INdiana Business September 5, 2011 Link to story The president of Rose-Hulman Institute of Technology and the chief executive officer of the Indianapolis Motor Speedway are leading a contingent in Italy. Rose-Hulman’s Matt Branam and Jeff Belskus from IMS are among those planning to visit the global headquarters of Dallara and Ferrari motorsports. The Terre Haute school is hoping to establish an internship program with Dallara facilities in Italy and Indianapolis. September 5, 2011 News Release TERRE HAUTE, Ind. — Rose-Hulman Institute of Technology President Matt Branam is leading a
By Bill McCleery Indianapolis Star August 18, 2011 Link to story It might not be known as an artists’ Mecca, but the town of Speedway is home to a growing number of arts-oriented events. This Sunday, the “Market in the Park” happens from noon to 3 p.m. at Meadowood Park, 5700 Meadowood Drive, Speedway. It will feature booths with vendors selling arts, crafts, flowers and possibly some antiques and vintage items. At least one farmer is expected to sell produce. Artists will lead some free workshops for children, and a band might perform.
Dallara’s U.S. base build ahead of schedule By Dave Lewandowski IndyCar.com July 19, 2011 Link to Story Link to Video Reigning Indianapolis 500 champion Dan Wheldon is at Dallara Automobili’s headquarters in Parma, Italy, this week for a seat fitting in preparation for the first round of 2012 IZOD IndyCar Series Safety Cell testing in early August. The first prototype chassis will arrive in Speedway, Ind., by the end of the month for assembly and mating with
Racing Plans Go Full Speed Ahead Dallara, Indy Racing Experience Construction Moving Forward WRTV-6 July 19, 2011 Link to Story SPEEDWAY, Ind. — Economic development is going full throttle at the new Dallara and Indy Racing Experience construction site in Speedway. Dallara is building the new IndyCar chassis, along with new two-seaters for the Indy Racing Experience. Eventually, Dallara will build 60 of the new cars at a site on Main Street that is under construction. The 100,000-square-foot building is a $12 million investment, and the contract to build IndyCars is just the
By Reed Parker WIBC 93.1 FM July 19, 2011 Link to Story Dallara’s U.S. Director Stefano de Ponti says they hope to begin operations of some departments in November. He says they hope to finalize the new IndyCar chassis and begin initial tests of the car in August. The building will also house the Indy Racing Experience. Speedway Redevelopment Commission Executive Director Scott Harris says the Dallara building will be the first of several structures that will reshape Main Street.  He says they hope to have three or four more announcements of facilities
FOR IMMEDIATE RELEASE July 19, 2011 For more information, contact: Blair Mulzer bmulzer@hirons.com (317)650-9199 Dallara U.S. base operations in Speedway, Ind., construction ahead of schedule Innovative facility to be anchor tenant on Speedway’s Main Street One year after the Speedway Redevelopment Commission; Dallara, LLC; and the Indy Racing Experience announced that Speedway, Ind., would be home to Dallara’s new facility that will manufacture and assemble its new chassis for the 2012 IZOD IndyCar Series season, officials are pleased to announce that the construction project is ahead of schedule. “Construction of our new facility
Chassis maker makes progress in Speedway WISH-TV 8 July 19, 2011 Link to Story SPEEDWAY, Ind. (WISH) – The creation of a U.S. base for Italian chassis maker Dallara is moving along, as the company marked its one year anniversary of announcing the Speedway location on Tuesday. The company is opening a new base in Speedway, and the structure is coming into place. The new facility on Main Street will manufacture and assemble a chassis for the 2012 IZOD IndyCar Series.
NOTICE After total reconstruction, the Main Street/Gilman Street intersection will re-open to traffic at 8 a.m. on Thursday, June 16.
NOTICE Main Street will temporarily be closed at Gilman Street beginning on Thursday, June 2 in order to re-construct the intersection. This process should be completed within three weeks (weather permitting). Main Street will still be accessible from 12th Street (only to go north) and 11th Street (only to go south). Construction is also due to resume on the east side of Main Street from Gilman Street south to 10th Street. Existing utilities had prevented this portion of Phase 2 to be completed during summer 2010.
FOR IMMEDIATE RELEASE May 11, 2011 For more information, contact: Emily Potter epotter@hirons.com (317) 408-1490 From Speedway to the World: Dallara Automobili Unveils 2012 IZOD IndyCar Series Display Car Display car, future prototypes assembled and tested in Speedway, Indiana SPEEDWAY, IND. – Behind the gleaming paint scheme and bright studio lights of last night’s 2012 INDYCAR car unveiling on VERSUS is the little-known Motorsports Technology Center situated in the heart of Speedway, Ind. The secured facility, located at 1180 Main St., is currently serving as the temporary home of Dallara
By Josh Duke Indianapolis Star May 10, 2011 Link Drive on Main Street in Speedway now, and you might do a double take — between 10th and 16th streets, you’ll see ornate light poles, welcome banners, fancy benches and landscaping, and an 8-foot-wide bike path. To Speedway officials, the just-finished infrastructure upgrade and impending construction of Italian racing-car chassis builder Dallara’s U.S. headquarters signal an acceleration of the neighborhood’s planned resurgence, which is pinned on a mix of retail, business and entertainment offerings.
WISH-TV 8 May 8, 2011 http://wish.m0bl.net/r/fnvbv SPEEDWAY, Ind. (WISH) – When the Indianapolis Motor Speedway was built in 1909, 2 pennies would buy you a Hershey chocolate bar, and a new automobile would cost you $1,280 on average. Indianapolis was among the top five automobile-producing regions in the country, with dozens of auto companies, including Marmon, Cole, National and Overland, in and around the city limits. But roads in the area were not keeping pace. Automotive technology was increasing so rapidly that many passenger vehicles at the time were capable of greater speeds than any dirt road
FOR IMMEDIATE RELEASE May 5, 2011 Speedway Redevelopment Commission Drops Checkered Flag on Main Street Project Ribbon cutting ceremony officially opens street after $10 million renovation SPEEDWAY — As the world prepares to descend on the Town of Speedway this May, the Speedway Redevelopment Commission (SRC) has dropped the checkered flag on its Main Street project. Together with Speedway and Indianapolis officials, key stakeholders, Main Street businesses and the community, the SRC cut a ceremonial ribbon today to officially
WRTV Channel 6 May 5, 2011 http://www.theindychannel.com/news/27788366/detail.html SPEEDWAY, Ind. — Historic Main Street in Speedway reopened to traffic Thursday after more than $10 million in improvements aimed at revitalizing downtown. The project, which began in November 2009, includes new sidewalks, road improvements, bike paths and an upgraded storm water management system, 6News’ Julie Pursley reported. “I am very excited to see what is happening here and the potential it will bring for this area, the new jobs it will bring to residents,” said City-County Councilor Marilyn Pfisterer.
Inside Indiana Business May 5, 2011 http://www.insideindianabusiness.com/newsitem.asp?ID=47522 The completion of a nearly $7 million project in Speedway will be celebrated this morning. The Speedway Redevelopment Commission will cut the ribbon on a massive overhaul of Main Street, which it hopes will bring new tourism and new business into town. The project is one part of a $500 million plan that Speedway leaders hope will revitalize the town. Speedway Redevelopment Commission President Scott Harris believes the overall investment will have an economic impact of $5.2 billion over its first 10 years. Harris says the improvements will also
By Josh Duke Indianapolis Star May 5, 2011 http://www.indystar.com/article/20110505/LOCAL1804/105050433/Speedway-celebrate-revamped-Main-Street?odyssey=tab|topnews|text|IndyStar.com SPEEDWAY — The town will celebrate a major milestone this morning as it begins its revival back to prominence. The completion of a two-year project to reinvigorate Main Street was commemorated today at Main and 15th streets in Speedway. Local and state leaders will be on hand for the ribbon-cutting celebration. The Main Street improvements include removing overhead power lines, adding ornate benches and light fixtures, widening and improving sidewalks, repaving the street including pavers at every intersection, adding a dedicated bike path from 10th to 16th
By Liz Thomas WIBC 93.1 May 5, 2011 http://www.wibc.com/news/Story.aspx?ID=1413365 Main Street in Speedway is back open to motorists following more than $10 million in improvements. The project, which began in November 2009, is designed to revitalize downtown and includes road improvements, new sidewalks, bike paths and an upgraded storm water management system. Leo’s Barber Shop owner Shawn Leo, whose business is located at 15th Street and Main Street, welcomes the reopening with open arms. “At least 75 percent of our business has been cut, and with the street reopening, I don’t think I’ve ever seen so
By News Staff Fox59 May 5, 2011 http://www.fox59.com/business/wxin-speedway-redevelopment-project-complete-main-street-back-open-in-speedway-20110505,0,4322570.story Speedway, Ind.— Town officials dropped the checkered flag on the Main Street Construction Project Thursday morning. A ribbon-cutting ceremony was held to celebrate the completion of the Speedway Redevelopment Commission’s first major project. $10 million was spent to renovate the area and to lure Hoosiers back into the heart of the “Racing Capital of the World.” “With a focus on racing, innovation and community the SRC has created a main street that will benefit our town for generations to come,” said Vince Noblet with the Speedway Redevelopment Commission.
By Jeremy Brilliant WTHR Channel 13 May 5, 2011 http://www.wthr.com/story/14580620/speedway-celebrates-renovated-main-street SPEEDWAY – The Town of Speedway is celebrating the end of its Main Street redevelopment project. The opening of Main Street may not sound like a big deal, but this project has been in the works for five years. New benches, ornamental planters and sidewalks line the newly paved street, and decorative brick was installed at several intersections and crosswalks. The goal of the $10 million project was to revitalize the area by making Main Street a destination and to bring businesses to the area. The flower
Main Street will be open to traffic following the ribbon cutting ceremony on Thursday, May 5.  Come celebrate with us from 10-11 a.m. at the intersection of 15th Street and Main Street!
By IBJ Staff Indianapolis Business Journal http://www.ibj.com/allison-to-add-200plus-jobs-over-next-two-years/PARAMS/article/26647 Allison to add 200-plus jobs over next two years Allison Transmission plans to invest $89 million to grow its headquarters and manufacturing operations, creating as many as 205 jobs by 2013. Local and state officials joined executives Tuesday afternoon to announce the plans, tied to a new transmission it has developed for over-the-road commercial trucks. In addition to expanding and equipping Allison’s manufacturing facilities, the project calls for rerouting West 10th Street in Speedway to consolidate parking lots and accommodate the growth. Allison, which employs nearly 2,500, hired 50 workers earlier
WRTV April 19, 2011 http://www.theindychannel.com/news/27601299/detail.html Indy Plan Expansion To Bring 200 Jobs INDIANAPOLIS — Allison Transmission will expand its Indianapolis global headquarters, investing $89 million and creating more than 200 jobs by 2013, the company announced Tuesday. Gov. Mitch Daniels and Indianapolis Mayor Greg Ballard joined executives from Allison, a global manufacturer of automatic transmissions, to tout the expansion at what they dubbed an Indianapolis success story. “The company’s continued growth and substantial investment will provide new job opportunities for hundreds of workers in Indianapolis and new high-tech products for their customers around the globe,”
WXIN April 19, 2011 http://www.fox59.com/news/wxin-allison-transmission-allison-transmission-expected-to-announce-more-jobs-20110419,0,4909299.story Allison Transmission announces 205 new jobs Indianapolis—Tuesday, Allison Transmission announced it plans to expand its Indianapolis headquarters with an $89 million investment. The company plans to hire 205 by 2013. In addition to the creation of new jobs, Allison plans to improve its current facilities, manufacturing operations and equipment. The company said it has currently been developing and testing a new and innovative commercial duty transmission for over-the-road tractor trailers for the past several years and has recently received approval from its board of directors to begin production. Also
WTHR April 19, 2011 http://www.wthr.com/story/14476017/allison-transmission-announces-investment-future-jobs Allison Transmission announces investment, future jobs  INDIANAPOLIS – Allison Transmission announced plans Tuesday to expand the company’s operations in Indianapolis. Governor Mitch Daniels and Indianapolis Mayor Greg Ballard joined company executives to announce Allison’s $89 million investment to improve its facilities, manufacturing operations and equipment. The company says the investment will create up to 205 new jobs in the next two years. Allison’s board of directors recently approved the start of production on a “new and innovative” commercial duty transmission for over-the-road tractor trailers,
By Ted Evanoff The Indianapolis Star April 19, 2011 http://www.indystar.com/article/20110420/BUSINESS/104200317/Allison-hire-155-89M-expansion?odyssey=mod|newswell|text|IndyStar.com|s Allison to hire 155 in $89M expansion Project to yield new transmission, realigned 10th Street Allison Transmission plans to hire about 155 workers and refurbish a local plan for production of the new TC-10 transmission for large work trucks. Allison Chairman Lawrence Dewey announced the $89 million project Tuesday during a news conference that also confirmed the realignment of 10th Street around the company’s complex in the town of Speedway. The new
Speedway, Ind. (April 19, 2011) – Governor Mitch Daniels, Mayor Greg Ballard and Speedway Redevelopment officials joined executives of Allison Transmission, global manufacturer of automatic transmissions, today to announce the company’s plans to expand its operations here. The company’s facilities and product offerings expansion will create up to 205 new jobs through 2013. Allison Transmission, the world’s largest manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses, plans to invest more than $89 million in its Speedway operations over the next three years. The majority of these
FOR IMMEDIATE RELEASE March 17, 2011 For more information, contact: Emily Potter epotter@hirons.com (317) 408-1490 SRC Purchases Main Street Property, Waves Green Flag on Gilman Infrastructure Project SRC acquires 22-acre property on Main Street for development SPEEDWAY — Redevelopment on Speedway’s Main Street remains in high gear. The Speedway Redevelopment Commission (SRC) has purchased nearly 22 acres on the east side of Main Street with plans to transition the property into multiple shovel-ready development sites to help attract interested developers and businesses. The acquisition ties into the Gilman Infrastructure Project, already
By Chris Jones Indianapolis Motor Speedway Blog March 7, 2011 http://blog.indianapolismotorspeedway.com/2011/03/07/the-town-of-speedway-a-great-place-to-call-home/ As I mentioned in my first post, one of my goals is to highlight those things that make the Town of Speedway a great place to call home. One of the most important factors that makes Speedway a great place to live is the quality of the schools. When homes were first being constructed in the area now known as the Town of Speedway, the students attended Wayne Township schools. The first school built in the original Speedway City development was a red brick school
Dirt will fly again soon on Main Street! It’s time to finish the final leg of the Main Street construction project. Work will resume on Monday, February 28. Contractors are on schedule to complete Phase IV of the Main Street construction by May 1, 2011. Workers will be working two shifts from 6 a.m. – 10 p.m. As work progresses, we will continue to keep you updated on specifics such as sidewalk closings/construction, any alternate traffic patterns or anything that may pertain to your business on Main Street. Gillman Street Project The Gillman Street extension will begin with the closing
Indianapolis Star February 5, 2011 http://www.indystar.com/article/20110205/LOCAL1804/102050385/Speedway-agencies-approve-bond-issue?odyssey=tab|topnews|text|News A bond issue aimed at helping develop the racing industry in Speedway has won approval from town agencies. The Speedway Economic Development Commission this week approved a request for a $6.5 million bond to pay for the new Dallara building. The Speedway Redevelopment Commission will guarantee the bond, which will be paid using future tax revenues from the Dallara project, said Scott Harris, the commission’s executive director. State funding for the project may be available in the form of federal disaster relief aid allocated to Marion County after flooding a few
Dallara Magazine January 2011 http://www.italiaracing.net/mag_dallara/201009/eng/index.asp After the first stone for the new headquarters was laid last November in Speedway, Indiana, work began on the construction of a new factory, which will be operational by next August, a few yards from the legendary 500 Miles track. Stefano De Ponti, head of Dallara operations in the USA tells us what the new building will be like; he reveals the company’s American projects and explains the reasons for the success and the affection
Star Report Indianapolis Star January 21, 2011 http://www.indystar.com/article/20110121/LOCAL1804/101210394/-6-5M-bond-proposed-Dallara-building?odyssey=mod|newswell|text|Communities|s The town of Speedway’s Economic Development Commission is meeting today to consider a request for a $6.5 million bond to pay for the new Dallara building. The bond issue would be guaranteed by the Speedway Redevelopment Commission and will be paid for from future tax revenues from the Dallara project, said Scott Harris, SRC executive director. The Redevelopment Commission is expected to meet Monday at 5:30 p.m. for a public hearing regarding an amendment to the redevelopment plan for the Dallara building, Harris said. The Town Council will
By Dave Lewandowski IndyCar.com January 4, 2011 http://www.indycar.com/news/show/55-izod-indycar-series/40829-tomorrow-is-here-for-drivers-engineers/ The new Dallara simulator isn’t your iracing.com or Wii console. It can’t be compared to another unit because, well, there isn’t anything quite like it. Occupying a 40×40 foot, two-story room at Dallara headquarters in Parma, Italy, it contains more than 5,900 feet of fiber optic cable, has 16 monitors to visualize data, employs a Dolby Surround 5.1 audio system, and checks in at about 650 tons.
By Josh Duke Indianapolis Star December 30, 2010 http://www.indystar.com/apps/pbcs.dll/article?AID=201012300312 Taking a look back at the year that was in Hendricks and western Marion counties, financial woes continues to plague area schools, a couple of Main streets continues to undergo face-lifts to reinvigorate downtowns, and changes to some key community leadership positions left their mark. Here’s a recap of some of the top stories: Brownsburg superintendent saga: The year began with sadness for Brownsburg Schools as the superintendent, Kathy Corbin, announced in January her plans to retire. But no one could have predicted what would follow. By
Construction on the Main Street project has been halted for approximately 6-8 weeks. Next steps involve asphalt, which is weather-dependent. Traffic lanes on 16th Street will remain as marked throughout Phase 4.
Indianapolis Business Journal November 17, 2010 Indiana Lt. Governor Becky Skillman says the town of Speedway is getting a $2.9 million grant to eliminate blight in its downtown business district. The grant announced Tuesday comes from the federal Community Development Block Grant Disaster Recovery program. Skillman says the grant will pay to demolish old building foundations, deteriorated pavement and concrete slabs in a 40-acre area. It also will pay to remove underground wiring and abandoned electrical materials, hazardous waste, and abandoned pump house and tank, blighted buildings and abandoned railroad materials. Speedway officials broke ground last November on the
Bruce Smith Indianapolis Star November 16, 2010 Today’s ceremony on Main Street in Speedway was far from a routine groundbreaking to start construction of a new factory. For the people involved, the new Dallara plant represents a new era in a town trying to revitalize 100 years of history, a needed spark of popularity for the IndyCar racing series, and U.S. growth for the European race car manufacturer. Executives of the town, the Indianapolis Motor Speedway, IndyCar and Dallara grabbed about 30 ceremonial shovels this morning on the site at 1201 Main Street to mark the beginning of
Speedway Redevelopment Commission breaks ground; facility will spur economic growth and job creation Speedway, Ind. – Speedway Redevelopment Commission (SRC) officials today welcomed the Town of Speedway’s newest neighbors. Government officials, community members and local business leaders gathered on Main Street to break ground on a new state-of-the-art facility for the Italian automobile design and engineering company, Dallara, and locally-owned Indy Racing Experience. The facility will be Dallara’s only operation outside of Parma, Italy and will allow for the creation of more than 80 new jobs in Speedway, and an investment of more than $7 million into the community. “Dallara
Dallara gets construction in gear for Speedway facility Company to break ground Tuesday Tania E. Lopez Indianapolis Star November 11, 2010 Groundbreaking for the future home of Italian chassis maker Dallara will take place Tuesday, bringing Speedway a step closer to realizing the town’s redevelopment dream. Dallara is set to begin building a $7 million facility that will be used for assembling car chassis for Indy Racing League teams. The company has been charged with creating a new chassis for the IRL. The IRL was supposed to unveil the chassis this summer, but those plans have
Business Owners: Phase 4 is scheduled to start Monday, November 1 with street closings and signage positioned that morning. We will continue to keep you updated on progress throughout this process. As with the previous three phases, please contact Betsy Combs or Scott Harris with any questions. Although the contractors are cordial and willing to give their opinion, often they are not aware of work/activity outside of their expertise, so we encourage you to use the SRC as your primary source of information. Thanks, in advance, for your anticipated patience and understanding as this last phase of Main Street is transformed!
Abandoned hotel was the source of nearly 40 police runs since April 2010 Speedway, Ind. – The Speedway Redevelopment Commission (SRC) and the Town of Speedway joined together today to begin the demolition of the Budget Inn, located on the corner of I-465 and Crawfordsville Road. The Speedway Police Department has reported nearly 40 police runs in the last six months to the property. “We are ecstatic to see the old Budget Inn hotel demolished to make way for new development,” said Vince Noblet, SRC president. “Not only has the abandoned building been a continued eyesore at the western entrance
Speedway ready to raze old Budget Inn Bids will be opened today, work to be completed this fall Josh Duke Indianapolis Star September 23, 2010 Speedway Redevelopment leaders were set to finally begin the process today to demolish the old Budget Inn. The Redevelopment Commission planned to open bids for the demolition project that will ready the site at Crawfordsville and High School roads for new development. The public meeting to open bids was supposed to occur last week but was delayed until today because of minor logistical issues, said Scott Harris, Speedway Redevelopment’s executive director. “We
Phase 3 update: -Water service line installation complete -Sanitary sewer installation has begun -Safety fence has been installed against sidewalks throughout construction site -As we get closer to sidewalk demolition and installation, please prepare your business for rear access -New, temporary parking spaces are available –(20) back lot of 1255 Main Street –(12) North side of Linder Fuel Injection –(5) on Main Street between 15th and 16th Streets –(15) Conkle Funeral Home’s far West lot
Phase 3 of the Main Street project is anticipated to start Monday, August 9th. Construction signage will be placed a few days prior to that start date. We will continually work on parking availability throughout Phases 3 and 4 and will post updates as each new solution emerges. Periodic construction updates will also continue throughout Phases 3 and 4.
Phase 3 of the Main Street project will start Monday, August 9. The project area is from 13th Street to abount 1430 Main Street. Signage will be placed early Monday morning prior to beginning construction/destruction. More… Available parking includes spaces in front of 1200, 1201 and 1255 Main Street buildings. New parking spaces will be created in the following areas: –20 spaces behind the 1255 building via the drive between 1201 and 1255 (the existing fence will be removed) –12 spaces in the Linder’s lot (1330 Main Street) –5 diagonal spaces on Main Street between 15th and 16th We
By Raygan Swan NASCAR.com INDIANAPOLIS — If you’re at all familiar with the historic Indianapolis Motor Speedway, you know the aesthetics surrounding the world-class facility don’t exactly match the track’s touted prestige. Within the grandstands of the famed venue, the signage is subtle yet effective and careful not to take away from the beautifully manicured grounds. Maintenance workers are watchful for litterbugs and vendors keep clean storefronts. It’s hard to believe that in the town of Speedway, Ind., home of the esteemed edifice, such a stark contrast exists just beyond the front doorstep of IMS. To say the area
Indianapolis Business Journal Letter to the Editor Bringing Dallara to Speedway is a big win, not only for the Indy Racing League but for the town of Speedway and the Speedway Redevelopment Commission. We are pleased that Dallara has made a commitment to manufacture and assemble its new chassis for the 2012 IndyCar Series season in our community. One hundred years ago, four automotive pioneers designed a racetrack and began the process of defining a community around the new automobile industry. The innovative minds of Carl Fisher, James Allison, Frank Wheeler and Arthur Newby were key to
Our Opinion Indianapolis Star The Racing Capital of the World ought to be a hub of the racing business as well, and Speedway-Indianapolis-Central Indiana has taken another long stride in that direction. Everybody’s in the winner’s circle with the announcement last week that the prestigious Italian firm Dallara will build the IndyCar chassis of the (near) future – and will build a factory for it close to the Indianapolis Motor Speedway complete with 80 new jobs. While Dallara will construct the core of the racer, manufacturers large and small will be invited to do the exteriors. Besides this dispersal
Slashes barrier to entry to encourage competition INDIANAPOLIS (July 14, 2010) – The future is here, and it’s innovative, open and competitive. The IZOD IndyCar Series unveiled July 14 its new car strategy for the 2012 season and beyond, featuring a rolling chassis with an enhanced safety cell produced by longtime series partner Dallara that will be covered in changeable bodywork created by various manufacturers. Known as the IndyCar Safety Cell, it will be manufactured at a new facility in Speedway, Ind., and will serve as the base of the new car. Various manufacturers can produce the aero kit to
Click here to view a video of the announcement IRL chassis manufacturer operations will create jobs and spur economic growth in Indiana Speedway, Ind. – The Speedway Redevelopment Commission (SRC) announced today that Italian-based racing company Dallara will expand its operations to Speedway, Ind. – the home of the Indianapolis 500®, Brickyard 400® and Red Bull Indianapolis GP®. This location will be the racing company’s only operation outside of Parma, Italy. The news follows the announcement that Dallara was recently selected by the Indy Racing League (IRL) as the chassis manufacturer for the 2012 IndyCar Series. “This announcement is
Speedway Redevelopment Commission to buy vacant motel Redevelopment commission to buy vacant Budget Inn near I-465 exit for $750,000 Tania E. Lopez Indianapolis Star The Speedway Redevelopment Commission announced it would purchase an old motel deemed an eyesore in the town’s redevelopment zone along Crawfordsville and High School roads. The Budget Inn, a 112-room motel built on 3.2 acres in the 1960s as a Howard Johnson motel, was closed over a year ago. The commission has negotiated to buy the vacant motel and will close on its purchase — located on the north side of I-465 — for
Phase II construction is in full gear. The sanitary sewer installation is complete, along with the water main, storm sewer and service line installation. VS Engineering continues construction layout. IPL and Infra-Source have completed temporary power. Road sub-grade prep has started and continues, however the frequent storms have interfered. Stone sub-base will start this week.
Plan to be funded by $60,000 Department of Energy grant SPEEDWAY, IND. – The Town of Speedway has been awarded a Local Energy Assurance Planning (LEAP) Grant by the U.S. Department of Energy. The grant, which totals $60,000, will fund the development and preparation of an Energy Assurance Plan for the Town of Speedway in conjunction with the town’s ongoing planning and revitalization efforts by the Speedway Redevelopment Commission (SRC). Speedway and Fort Wayne are the only Indiana communities of the 43 cities and towns across the country to receive grants from the $8 million competitive program. The objectives of
Josh Duke The Indianapolis Star Three phases still remain to transform the rest of Main Street, with no work to occur in May during the Indianapolis 500 schedule of events or during Brickyard 400 week in July, Harris said. The second phase begins June 1 and will take about two months to complete in an effort to improve the southern end of Main from 10th to 11th streets. The third phase — which will begin July 26, the day after the Brickyard 400, and last three months — will improve Main from 13th Street to the middle of the
Rich Van Wyk WTHR-TV Speedway – Practice has yet to start at the Speedway yet, but the town of Speedway has already won its own race. The first part of a huge revitalization effort was finished just in time for fans and traffic. The Indianapolis Motor Speedway’s main stretch brickyard is ready, and so is the one on Speedway’s Main Street. The three-block makeover, the first in decades, is the first part of a massive revitalization effort. “It’s here. Now it is real. You are no longer working from a picture. You are working from reality,” said
Newly renovated section of Main Street completed on time and on budget Speedway, Ind. – The Speedway Redevelopment Commission (SRC) celebrated the recent completion of the Speedway Main Street Project’s Phase I with more than 35,000 OneAmerica 500 Festival Mini-Marathon participants on May 8, 2010. Phase I of the $6.7 million Main Street road construction project was completed in time for the month of May and gives residents and visitors a glimpse of what the finished road project will look like in May 2011. Mini-Marathon participants followed the race course through the newly renovated section of Phase I by heading
Phase I of Main Street opens to traffic on Monday, May 3rd! Phase I of the Main Street construction project will open to traffic on time and on budget. Visit Main Street to view the new bike paths, rain gardens, expanded sidewalks and more. Access to side and rear parking for 1201 and 1255 buildings will be from Gillman and the driveway between 1201 and 1255. Street parking will also be available in front of the 1201 building. There will be no parking in the driveway or the old front parking lot of 1201. There will be no construction during
Phase I of Main St. construction is almost done!!! We’re right on schedule for completion of Phase I on April 30th. Trees and plants are going in this week, as are light posts. Next week you’ll see benches and trash receptacles lining the street. The final coat of asphalt will be applied at the end of this week and road striping will be done next week. During the OneAmerica 500 Festival Mini Marathon on may 8th, the SRC will have a “yard of bricks” for the runners to cross leading to the new section of Main St. (at the north
Underground water, sewer and sanitary work is complete! There are many other activities occuring on Main St.: American Utility Corp., a contractor for AT&T continutes to work on the relocation of new lines. Calumet has started rough road grading with will perform sub-grade treatment. MCI completed lowering of their line. IPL has begun installing conduit at 12th St. InfraSource, the electrical contractor for Calumet, has completed installation of conduit on the west side of Main St. Activity will continute this week with Calumet starting on the rain garden curb and pouring the sidewalk. InfraSource will being installation of conduit on the east side
As the Main Street construction project moves forward, residents and business owners will be able to see real progress. Road grading may start as early as next week, as pipe installation is completed. Construction of the curb on the west side of Main Street, which will eventually run from 10th Street to 16th Street, will begin within the next two weeks. To compensate for weather-related delays, you may see contractors on the job site seven days a week from 7 a.m. to 9 p.m. to ensure the project remains on schedule. A snow fence has been placed around the excavation
Main Street pavers are on display in the parking lot of Speedway Town Hall. The signs show designation for sidewalks, crosswalks and parking areas. Please take a few minutes to stop by so you can visualize the vast improvements to come! Construction is progressing on schedule, but it is still predominantly subsurface. AT&T continues utility relocation within the Phase I area. Storm sewer construction has begun on the south half of Phase I as well, while sanitary sewer installation continues north, with the south half complete. Miller Pipeline, the contractor for Citizen’s Gas, anticipates having all work completed by the
Mary McDermott mary.mcdermott@wishtv.com WISH TV SPEEDWAY, Ind. (WISH) – News about the Indianapolis 500 planning to shorten its schedule for the month of May has made its way through the business community in Speedway. And some business owners say with the track pulling back, it’s more important than ever for the town to come up with things other than racing to attract people. Track officials announced this week that for the third year in a row, they’re condensing the Indianapolis 500 schedule. They’re reducing the pre-race event schedule by a week, in an attempt to make it
Workers will begin laying water pipes at 10th St. and head north on Main St. Sanitary sewer lines will also start being placed at 11th St. going north, then from 11th St. going south. AT&T will also begin their underground work. Miller Pipeline and Citizen’s Gas contractors are in the process of re-routing the underground gas lines.
Josh Duke Josh.duke@indystar.com The Indianapolis Star In front of a backdrop of workers removing asphalt, government and business leaders from Speedway and Marion County broke ground today on a Main Street project that kicks off a $500 million revitalization of the aging town. “Although the skies are cloudy, this is a bright, sunny day for the town of Speedway,” said Scott Harris, executive director of the redevelopment effort. Nearly 100 people attended today’s groundbreaking despite chilly, rainy conditions. Many of those in attendance, who have been part of the effort in some way during
By Scott Olson solson@ibj.com Indianapolis Business Journal Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination. Initial work involves $6.7 million in road improvements to Main Street that should be finished by May 2011, laying the foundation for redevelopment to follow. Though completion is roughly 18 months away, the project is generating interest from dozens of prospects who could locate along the aging thoroughfare plagued by vacant buildings and deteriorating façades. Indianapolis-based Mansur Real Estate Services and Greenstreet
Most buildings on Main Street should be replaced, architect tells town officials Rich Van Wyk rvanwyk@wthr.com WTHR Eyewitness News Speedway – A community accustomed to cars tearing up the track has backhoes tearing up its main street. A huge and somewhat controversial redevelopment project is now underway in the town of Speedway. The grand spectacle of the Indianapolis Motor Speedway hasn’t shone on the town of Speedway. Its main street, appearing neglected and ignored, is getting a near $7 million make over. With construction equipment tearing up the street outside Charlie Brown’s restaurant, owner Liz Glover
Most buildings on Main Street should be replaced, architect tells town officials Mary McDermott mary.mcdermott@wishtv.com WISH TV SPEEDWAY, Ind. (WISH) – Years of talk turned into action on Thursday on the city’s west side. A $500 million renovation project is under way in Speedway. The area where it’s taking place is bordered by 16th Street to the north, 10th Street to the south, Olin Avenue to the east, and Main Street to the west. Crews will be on Main Street for the next year and a half, and that’s just the beginning of
Most buildings on Main Street should be replaced, architect tells town officials By Bruce C. Smith bruce.smith@indystar.com All but a few of the buildings along Main Street in Speedway should be replaced in a proposed redevelopment, a consultant told town officials Monday night. In a block-by-block overview of the proposed redevelopment, Greg Jacoby of Browning Day Mullins Dierdorf architects envisioned a new streetscape of mostly one- and two-story buildings, many in the brick style of historic Speedway. The Speedway Redevelopment Commission received the plan but took no action. The plan closely follows concepts town officials and
Redesigned roads, new business and residential buildings, a race-themed center in the shadow of IMS By Josh Duke josh.duke@indystar.com Downtown Speedway will soon have a closer connection to the racetrack that gives the Westside community its name, town officials say. Hoping to attract investors to its long-neglected commercial center, the town plans to begin construction later this year on improvements that eventually will include a roundabout joining Main Street to Crawfordsville Road and 16th Street near the Indianapolis Motor Speedway. The town will start with a downtown Main Street redevelopment to be done by May 2011, in time
Indianapolis Star June 7, 2009 Speedway — Negotiations for the town to buy the International Village apartment complex and redevelop the site as a gateway into town appear to be back on again. “We think we have a deal,” said Scott Harris, executive director of the Speedway Redevelopment Commission. The 1960s complex is owned by Resource Real Estate. David L. Zive, vice president and director of legal affairs at Philadelphia-based Resource, said a deal is not yet finalized. “But it is accurate to say that Speedway and the owner of International Village have an agreement (in which the town)
John Ketzenberger Indianapolis Star May 26, 2009 The Indianapolis Motor Speedway has persevered for a century. The venerable Brickyard has weathered cancellations during world wars, open-wheel racing civil wars and even economic tribulation. It remains the vibrant home to the Greatest Spectacle in Racing. But the town that was incorporated 17 years after millions of bricks were laid is not thriving. Even the racing industry has passed it by for far-off places like North Carolina, or even those just up the road like Brownsburg. “I don’t think it’s the economy,” resident Don Katterhenry said. “The town’s business has
‘Gateway’ Location Elevates Interest In Redevelopment Josh Duke and Bruce C. Smith Indianapolis Star May 21, 2009 The Speedway Redevelopment Commission is attempting to buy an old motel and an apartment complex, which would be its first real estate deals in the redevelopment zone along Crawfordsville and High School roads. Commission members gave Executive Director Scott Harris the green light last week to negotiate with the owners of the recently closed Budget Inn. Late Monday, Harris also disclosed that the town has been negotiating since February to buy the nearby International Village apartment complex. Talks with Philadelphia-based
Bruce C. Smith Indianapolis Star April 21, 2009 Developers helping Speedway to rebuild Main Street are working on a short list of businesses considered strong prospects to join in the town’s project to remake the areas around the Indianapolis Motor Speedway. “We’re focused on approximately 23 prospects, which are consistent with the master plan for the Speed Zone,” said Charles R. Cagann, president of Indianapolis-based Mansur Real Estate Services. The company was selected by the Speedway Redevelopment Commission as the master developer for the $500 million project to rebuild the aging Main Street and industrial areas near the
Speedway Panel OKs $965,000 for redevelopment work Josh Duke Indianapolis Star January 15, 2009 Multistory buildings on each side of the street, outdoor seating along expanded sidewalks and architectural elements that highlight the town’s racing history could soon begin to breathe new life into Speedway’s Main Street. The Speedway Redevelopment Commission reached a contract agreement this week for more than $965,000 with American Structurepoint, which will begin design and engineering work to revamp the town’s business district, from 10th to 16th streets. American Structurepoint put together the town’s master plan nearly two years ago to redevelop more
Town finally on winning track Indianapolis Business Journal November 15, 2008 As the 100th anniversary of the Indianapolis Motor Speedway approaches, the town of Speedway, at long last, is making an aggressive play to turn the world-famous oval into an economic engine that runs year-round. Better late than never. In hindsight, it’s hard to fathom why the town took so long to press the advantage of having in its midst a racetrack that hosts two of the best-attended single-day sporting events in the world. What’s important now is that the wheels are turning and the Speedway Redevelopment Commission
Developments outside track could help Speed Zone plan Anthony Schoettle Indianapolis Business Journal November 8, 2008 Indianapolis Motor Speedway officials are in talks to move their Hall of Fame Museum from the interior of the oval to a spot just outside the south end of the track, an area that could also house a new Speedway hotel. An announcement could come as soon as early next year. That move could fuel a flurry of commercial developments that Speedway town officials hope to start unveiling in the first quarter of 2009. The museum move would be done in conjunction
“˜There is a lot of pride there,’ said consultant who toured town By Josh Duke The Indianapolis Star October 4, 2008 A panel of national experts in planning and land use has endorsed a plan to reinvigorate Speedway. The Urban Land Institute released a 33-page report Friday lauding the town’s $500 million redevelopment project to bolster 350 acres south of the track. The report also recommended local officials encourage statewide support, saying it’s an attraction that could benefit all Hoosiers. “The report inspires and challenges us to continue to move forward,” said Scott Harris, executive director of

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Tim Gropp
Economic Development Director
(317) 240-1315

Tim Ramion
Executive Assistant/Property Manager
(317) 481-0847

5620 Crawfordsville Rd. , Suite M
Speedway, Indiana 46224

Phone: (317) 481-0847

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