[{"_1":2,"_86":-5,"_87":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,74],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":44,"_46":47,"_48":49,"_50":51,"_52":53,"_54":55,"_56":57,"_58":59,"_60":61,"_62":63,"_64":65,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},"mediaId",6565989,"mediaKeyId","3210799-54fa7466e9daf4f8009724630ae994fe","parentId",3210799,"title","EDC approves financing recommendation for Oxford Row mixed‑use project in Fall Creek Place","audioSeconds",0,"startMs",1350000,"endMs","viewUrl","/Search/View?dp=1&key=3210799-54fa7466e9daf4f8009724630ae994fe&start=1350&end=1350","thumbnailUrl","https://assets.pipeline.soar.com/3210799-54fa7466e9daf4f8009724630ae994fe/thumbnail_1350000.jpg","articleUrl","/articles/6565989/Indianapolis-City/Marion-County/Indiana/EDC-approves-financing-recommendation-for-Oxford-Row-mixeduse-project-in-Fall-Creek-Place","mediaUrl","https://secure.pipeline.soar.com/6565989-edbfcd2df5be58b83561350a8770f449/orig.mp4?Expires=1770948880&Signature=C~9BYggbu1Hn3rOgzMKnfj2Gyhf7A84Ma7AIGVtzxdtBSsWk5aSiU7hGH7LFnk40hzSqoUGRc-8y1ZLH~iEMhufMtsJOw96TGIjzXG8ga7Ld2xmtG-JqLCMY9YSEl2P2PMTXWcvv2NUpXxWqNhV6Sda21e4bcYqH7-wgG5l07az-lMCSudLZa5NWZwA874iWtUZHiYl~AT-yUn~QBjGOha2EJLb-0IHZowLH~EVuhZFv~9hZTP9sAhtERYlni7qBieod-dOwgHVoyUfeIo~n6kXtfZVl9~BESxcEI9TcrKyB5pHbqCMrw1N3raq6ksvGcuqka3Nexr0ATYM0MWQx4Q__&Key-Pair-Id=KUT5TJCACFTXG","author","City Council of Indianapolis, IN","date","2025-05-07T00:00:00Z","article","The Indianapolis Economic Development Commission voted to approve resolutions adopting the project report and to recommend that City-County Council approve a corresponding bond ordinance for the Oxford Row project.

Sherry Orr, principal program manager for economic incentives with the Department of Neighborhoods (DND), presented the proposal and introduced developers Nathaniel Venezalas and Brandon Powell of Chatham Park Development. The developers described Oxford Row as a three‑story, neighborhood‑scale, mixed‑use building intended to complete a retail‑anchored node at the intersection of 20th Street and Delaware Avenue in the Fall Creek Place neighborhood.

Developers described the building as a “missing middle” project that will provide housing and street‑level retail. Presentation materials and oral remarks described roughly 46 units overall, with one passage listing 41 one‑bedroom units and six two‑bedroom units; those numbers do not exactly reconcile in the presentation. Developers said about 10% of units will be designated affordable at 50% of area median income (AMI), a deeper affordability level requested by city staff.

The project includes about 5,000 square feet of retail, developer‑provided on‑site parking behind the building (the team said roughly 59 parking spaces), and a design they described as intentionally scaled to the surrounding single‑family context. Developers said Stins Construction will be the general contractor and estimated about a 13‑month construction timeline once work begins, with an optimistic groundbreaking goal of late summer or early fall depending on market and subcontractor conditions.

Orr said city staff had worked with the developer and that the developer had complied with staff requests; Emily (city staff) said she had no further details beyond recommending approval. Joseph Lee of OMWBD told commissioners the firm Stents/Stins had previously achieved a 35.63% XPE utilization rate on a smaller project and that the office expected the Oxford Row project—estimated in the $10–11 million range—to be able to meet or exceed city XPE goals.

The commission opened a public hearing on the financing proposal, received no public comments and closed the hearing. The commission then moved, seconded and approved EDC resolutions that (1) adopt the project report for Oxford Row and (2) recommend that City-County Council approve a corresponding special bond ordinance. The approvals passed by voice vote with no recorded opposition.

Why it matters: the commission’s action advances the project to the council bond‑ordinance stage, which is required for the financing recommended in the project report. The project was presented as a smaller, neighborhood‑scaled development that includes a deep‑affordability component (10% at 50% AMI) in a higher‑income neighborhood.

Votes at a glance:
• Adoption of minutes (March 10 meeting) — motion carried by voice vote after a small typographical correction to the minutes (mover/second not specified in the record).
• Oxford Row project resolutions — EDC resolutions approving the project report and recommending council approval of a corresponding bond ordinance; public hearing opened and closed with no public comments; motion carried by voice vote.

Next steps: the commission’s approval sends the project report and the recommended special bond ordinance to City-County Council for consideration; staff and developers identified market and subcontractor conditions that could affect the project’s final schedule and pricing.","mediaType","Video","parentTitle","City Council of Indianapolis, IN - Indianapolis Economic Development Commission - May 07, 2025","oneSentenceSummary","The Economic Development Commission approved resolutions recommending council approval of a bond ordinance for the Oxford Row development, a mid‑scale mixed‑use project proposed for Fall Creek Place that includes a missing‑middle housing component and neighborhood retail.","taxTitle","Indianapolis City, Marion County, Indiana","taxId",3627,"location","headline","","shortSummary",{"_33":75,"_35":36,"_37":38,"_39":76,"_41":77,"_43":78,"_45":79,"_46":80,"_48":81,"_50":82,"_52":83,"_54":55,"_56":57,"_58":84,"_60":61,"_62":63,"_64":85,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6565995,"OMWBD reports directory growth, outlines disparity study timeline and areas for capacity building",1070,291000,1361000,"/Search/View?dp=1&key=3210799-54fa7466e9daf4f8009724630ae994fe&start=291&end=1361","https://assets.pipeline.soar.com/3210799-54fa7466e9daf4f8009724630ae994fe/thumbnail_291000.jpg","/articles/6565995/Indianapolis-City/Marion-County/Indiana/OMWBD-reports-directory-growth-outlines-disparity-study-timeline-and-areas-for-capacity-building","https://secure.pipeline.soar.com/6565995-fc381c41c7b98a9c0f8fb3dcdd3ffb69/orig.mp4?Expires=1770948880&Signature=YoSh20Q4VJMqeUtGbqmoqNGdY6io3k-AKR6WVvBvVW1sS5QfxymrNKFrlvoupAD1P-AEif5M4n5SGLOmC63pKvMsfH4yOUJJwHX0T7bNcEYBC7msWEyVD2C-l-Cz~~v7GM0w2qF2hgbjKIqC6LqJl38DQ6IUaEEvhAnT8wPwGTN6EHZRzrTzZv19swduTPkXAIeg4H9T546CNJgO-~eFYf14mrHCsJg8Due8nyfzDoddXlGpBWq3j3OtzIqnxx0JzTL8AGJ9fnjPxaq3S2ZTN4zeoN3IQ6axwYfnrqk3Mv89WtGxaMpK5odbc6P801ajJ6cJZxC5PlCljSl4kQvdJg__&Key-Pair-Id=KUT5TJCACFTXG","The Office of Minority and Women Business Development reported certification, compliance and outreach activity at the Indianapolis Economic Development Commission meeting and said a consolidated disparity study will be released to the public in June 2025.

Fahad Bey, senior manager for OMWBD, told commissioners the office had 29 pending certification files, completed 97 new or recertification applications year-to-date and provided 43 business consultations. Bey said OMWBD had reviewed 41 bid compliance packages, received five complaints and had one pending denial or appeal. He said the office's public directory now lists about 1,020 certified firms.

“...our current pending certifications are a 29,” Bey said while presenting the office’s certification and compliance data. He also summarized percentage utilization across agencies, saying the combined city/county/municipal figures show roughly 12% MBE and about 7.6% WBE utilization.

The presentation identified outreach and public‑private partnership work, listed several active projects the office is tracking for MBE/WBE utilization, and described outreach plans for 2025. Bey said OMWBD has contracted with a vendor (B2G) to implement an online certification and directory module, an online application, targeted e‑blast capabilities and record-management tools; he said the software module is expected to be operational by the end of the year.

OMWBD also described a 2025 consolidated disparity study that will cover the consolidated city of Indianapolis and Marion County agencies and a set of municipal corporations that OMWBD oversees. Bey said the study’s public release is anticipated in June 2025, followed by a question-and-answer period, formation of an internal working committee to draft policies and a proposed new ordinance and utilization plan during the fall 2025 budget season. That ordinance and utilization plan would then be subject to public outreach, hearings and council approval, Bey said.

Commissioners asked about trends and areas for improvement. One commissioner said capacity building and programs to help small firms grow into mid‑sized contractors were priorities. Joseph Lee of OMWBD answered questions about bid activity and good‑faith‑effort reviews, describing current bid activity as slow but beginning to ramp up in line with project schedules.

Lee said past backlogs in pending certification applications have been reduced: \"In early 2024, we pretty much had 300 pending applications. So now you're seeing that, those certifications files that were processed, are now reflecting the directory being grown to a thousand now for the first time.\" Lee added that many recent complaints arriving at the office relate to job‑site safety or workers’ feelings of being unsafe rather than certification eligibility.

Why it matters: the disparity study and updated utilization plan will set the city’s next set of MBE/WBE goals and recommended practices, informing outreach and procurement practices across multiple city and county entities. OMWBD staff said the findings and subsequent ordinance could change how goals are set and how agencies monitor contractor utilization.

Next steps: OMWBD expects a public release of the disparity study in June 2025, an internal committee to draft recommendations afterward, and a new proposed ordinance and utilization plan during fall 2025 that will proceed through public hearings and council action.","The Office of Minority and Women Business Development presented certification and compliance statistics, said its directory has grown to about 1,020 firms, and outlined a consolidated disparity study with a planned public release in June 2025 and an ordinance/use plan to follow in fall 2025.","actionData","errors"]

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EDC approves financing recommendation for Oxford Row mixed‑use project in Fall Creek Place

OMWBD reports directory growth, outlines disparity study timeline and areas for capacity building