Converted from paper version of the Broad Ripple Gazette (v16n08)
IPS holds meeting about BRHS building
posted: Apr. 12, 2019
On March 26th, 2019, IPS held a public involvement meeting at the Indianapolis Art Center. The audience filled the Frank M. Basile Auditorium. Joe Gramelspacher ran the IPS portion of the meeting. He explained in detail the financial situation of the BRHS (Broad Ripple High School, 1115 Broad Ripple Avenue) building - Annual operating expense of $730,000, outstanding debt of $23 million, and deferred maintenance of $15 million. The IPS plan is to get the charter school $1 purchase law changed, then sell the property to a developer.
The next portion of the meeting was run by Chicago-based SB Friedman Development Advisors. This was a detailed assessment of Broad Ripple Village, describing the potential in the market for retail, restaurant, office and housing growth. The findings presented showed that the Village should be able to support additional space in all of these categories.
The next portion of the evening moved to the Ruth Lilly library. The room was filled with tables, each one with an IPS facilitator. About 8 attendees were at each table. The groups discussed what they would like to see on the BRHS site.
IPS stated that there will be additional public forums for input on the redevelopment of the BRHS property.
Joe Gramelspacher, Director Of Special Projects at Indianapolis Public Schools