SRC Delays Master Developer Selection


(posted Nov 17)

Speedway resident Paul "Ziggy" Harcus.

Photos by Jay Thompson


Danny Jett with American 
Structurepoint surveying the Speed Zone for the engineering study.


The Speedway Redevelopment Commission delayed making its selection for the master developer of the Speed Zone. The three firms vying for the job are Mansur, Browning Investments, and Paragon. At the Nov 6 meeting, the members concluded they would call for a special meeting prior to the Nov 19 meeting. However, that did not occur. The members indicated they needed more time to ask questions.  The commission indicated they might have a special session in December.

All affected property owners have received notice concerning the realignment of 16th Street. American Structurepoint has been out surveying and staking parcels for the future road alignment since the Speedway Redevelopment Commission entered into an expedited contract on Nov 6. The scope of work is to conduct land surveys and aquatics life assessment for Dry Run Creek and Little Eagle Creek.

SRC President Scott Harris indicated at the Nov 6 special session that the contract would be on the Nov 19 agenda, but the SRC could not take action due to further legal review  by SRC attorney Jim Gutting.

Harris also indicated the Department of Metropolitan Development has completed the zoning classifications and development standards for Speed Zone 1 and Speed Zone II.

The adoption of the zoning classifications will require a series of approvals from the town council, Department of Metropolitan Development Commission, and finally the City County Council.

The City of Indianapolis regulates the zoning in the excluded cities.

The SRC also did not act on expanding the Speed Zone to include the mobile home parks, IMS Brickyard Hotel and Golf Resort, pro-shop, turn two suites and 16th Street to Cord Street.

Greg Zubek, attorney representing El-Lou Mobile Home Park and Indy Screen Print, attended to make sure the expansion has not been started because his clients had not received notice.

Paul Harcus, Champ Car Director of Operations, rallied to the support of the Speedway Redevelopment Commission to say that if the redevelopment effort was not in the works he would move out of Speedway.

Harcus indicated that he likes the strategic location of the town because of its convenience to the airport, downtown and to work.

Harcus was one of approximately nine people to step up to the plate at the November 19 meeting to show support for the SRC's efforts to redevelop the town.

Town Councilor Lu Hillmer stated that she appreciated the SRC's work and that the town didn't need the negative press because it breeds discontent.

Long time resident Tom Smith said he supports redevelopment even if it means increased traffic on Lynhurst where he resides.