The city would first re-zone this area for up to 35,000 square foot Giant Retail Chains, opening up Broad Ripple to even more Non-Local Development.
This TIF money was supposed to be for infrastructure and improvement in the neighborhoods that need it most in the North Midtown District that spans roughly from 38th & Fall Creek north to 70th & College Ave. There are numerous areas that could use this TIF funding before Broad Ripple gets more corporate development.