Indianapolis is My Home

04
Dec

"Speed Zone" Development Moving Forward

Author: Jason Bean, Category: Brickyard 400, Business, Business Entrepreneurs, Indianapolis Motor Speedway, Indy 500, Indy MotoGP, News, Real Estate, Speedway, Sports, US Grand Prix - F1

An article today in the IBJ confirmed that local real-estate developer Mansur Real Estate Services, Inc. has been chosen to lead the redevelopment of the Speedway area to increase the attraction to businesses to come into the area.

I believe they did a tremendous improvement a few years back with the new lamps, median work and other details leading into the Speedway area from off of I-465 on the west side.

I feel anything they can do to further increase the development and commercial viability of that area is going to be worthwhile. What I’m not sure about though is how the residents of the area feel about the development. I know there are a number of people that live right along the main stretch that make a killing by using their property as parking for the hundreds and thousands of race fans that come into the area each year.

With the MotoGP and talks of Formula 1 coming back to the area, I think further developing the area is a plus. I’m sure it’s quite a disruption to the residents of the area though regardless.

Do you live in the area? What do you think? I’d love to hear your thoughts in the comments.

2 Comments

02
Dec