Author: IndyEast

One of the many historic former industrial sites in the Promise Zone is the P.R. Mallory Campus, located at 3029 East Washington Street. Long home to P.R. Mallory and Company Inc., the site was once a major hub for employment and economic activity on the Near Eastside. However, a decrease in employment at the site started in the 1970s when […]

On May 23rd, 2019, the US Treasury Department announced $3.5 billion in New Markets Tax Credit (NMTC) awards to spur economic development in urban and rural communities across the nation. In total, 73 Community Development Entities (CDEs) were awarded allocations, including Indianapolis Redevelopment CDE, LLC. Indianapolis Redevelopment CDE, which represents the City of Indianapolis despite being a separate entity, was […]

November 30th is Small Business Saturday®, which means it’s almost time to celebrate with your favorite small businesses on the Near Eastside! Wondering how you can participate? Stop by the highlighted businesses to pick up a Small Business Saturday canvas tote bag that will have coupons and other goodies from local businesses inside. Just looking for the coupons? Stop by […]

On October 2nd, 2019, the US Department of Health and Human Services (HHS) announced this year’s awardees for its Community Economic Development grant program. Among the awardees were Edna Martin Christian Center and RecycleForce, two organizations which serve Promise Zone residents. Both organizations received the maximum award of $800,000. The Community Economic Development program, organized through the Office of Community […]

On October 2nd, 2019, Mayor Joe Hogsett and other representatives from the City of Indianapolis joined Near Eastside neighbors, business owners, and community leaders to announce the designation of a third Lift Indy Neighborhood, located in a key commercial corridor on the Near Eastside. The designated area, focused on a section East 10th Street, joins Monon16 and the Old Southside, […]

On August 20th, the US Small Business Administration announced winners for its 2019 Makerspace Training, Collaboration, and Hiring (MaTCH) Pilot Competition. Among the winners in the Proof of Principle category was RUCKUS Makerspace, a local coworking space located in one of the ten Opportunity Zone census tracts that overlap with the IndyEast Promise Zone. The Proof of Principle category awards […]

One of the key pieces of the successful revitalization efforts on the Near Eastside has been finding exciting new uses for old buildings and spaces. The latest example of this process can be found at Vault, a new co-working space located at 3000 East New York Street. Located in a former bank building, Vault represents a creative approach to reusing […]

On September 7th, Near Eastside neighbors and stakeholders gathered in Arsenal Tech’s cafeteria for Near Eastside Visioning Day. This event is the first major step in the process of creating a new Near Eastside Quality of Life Plan. The original Near Eastside Quality of Life Plan was unveiled in 2008 after months of collaboration between neighbors and community organizations. Since […]