Do you rent or own? Share your story with us for a chance to be featured in a future installment of Unlocked: forms.gle/jXxFsQnUtHNSHBDu6
@eddyafritz3 ай бұрын
I rent from a market were 80% of landlords utilize RealPage for there prices. What about you CNBC?
@drixle.3 ай бұрын
Treadmills and ellipticals in the press box overlooking the field would have been awesome.
@amberf62753 ай бұрын
Or some sort of community spot. Mini-kitchen, couple of pool tables, some dart boards?
@jerseymxnette61763 ай бұрын
@@amberf6275exactly what i thought. pool table, ping pong table, mini kitchen/bar/coffee spot, & a table for board games seems doable
@dormaintaylor81593 ай бұрын
a treadmill looking at an open field is WILD to me tbh............
@pgroovster153 ай бұрын
there's no way to get up there that meets accessibility standards or that wouldn't go through a unit. also, it would be very narrow - not ideal, maybe not even possible to get large equipment up there with adequate space to use it
@OrangeOfCanada3 ай бұрын
Would be a great space for a garden maybe too
@JRPGGUY3 ай бұрын
I love seeing old buildings get refurbished
@Simonb19773 ай бұрын
well they did demolish most of it..
@mkhanman123453 ай бұрын
I love old buildings
@DavidMcCoul3 ай бұрын
Me too!
@broseywales55383 ай бұрын
Except the only idea any can come up with is to repurpose them into apartments; it's boring.
@dumolwenkosimhlope19083 ай бұрын
Thats a sign you will be a real estate mogul
@MarsJenkar3 ай бұрын
I used to live in the area, and I'd visited old Bush Stadium (the one that was renovated for this project) many times when the baseball team played there, as well as a few times at Victory Field downtown. I know that Bush Stadium was used as a racing course for a few years but that never really took off. At least some of old Bush Stadium has been preserved in this project.
@PresPrada3 ай бұрын
Turn it back to an actual field and let the youth come play games for the renters to watch from their rooms. Gonna need a massive net to stop homeruns and foul balls lol but i think it would be dope to keep the game alive in such a nice area
@Bonzi_Buddy2 ай бұрын
This is how it is done... You get the city to give you property for $1 when they will not sell it to anyone else for far more than that. Then they put rent controlled apartments in there and get all kinds of tax dollars to do such a product. You have to provide these controlled units for X number of years. So what happens is they sell the property when those years run out and they have completed their contract with the city. They cash out big bucks, the buyer raises rents and the taxpayers get robbed.
@goodthankshopeyouaretoo3 ай бұрын
I love buildings that are transformed and so on, but that is not a a luxury apartment finish 😂
@jeffharris77773 ай бұрын
More unaffordable homes. Great.
@bigturbo2 ай бұрын
As someone who lives near this, it’s not at all a luxury apartment complex
@JeJeNtwrk3 ай бұрын
This is just amazing. Instead of letting the building rot away!!!
@jodymazzarese51513 ай бұрын
I wish someone had gotten to Gary Indiana, so many beautiful structures just left to rot 😢
@GAsh00123 ай бұрын
They knocked almost all of it down...
@bbsara014611 күн бұрын
pretty sure they tore it entirely down mate
@aztcufrog3 ай бұрын
Remember they did this in 2011. It was a decent risk in the wake of the financial crisis. Likely why the city offered it for $1 because there weren't many developers who could or would take on this risk. Their building costs also reflect the costs of that time. Materials and labor were cheap and plentiful. Oh how times have chagned.
@josephnekolite20803 ай бұрын
And now they want almost 2k a month for the nicer apartments.
@tomdiets50793 ай бұрын
$1,581 a month for a 2 bedroom apartment is freaking great price, you can’t even get a nice 1 bedroom apartment for that much in Maryland.
@dmytrolisovyi29162 ай бұрын
Well, they also got a $5.3 million grant from the city 4:28
@FATMAC22 ай бұрын
@@dmytrolisovyi2916 what a scam
@apeekintime2 ай бұрын
Developers weren't worried. in 2011. They were getting gas deals on everything and they were going nuts on developments. Most urban areas were seeing a massive kick off of activity in 2011 because every city was offering money and every bank was desperate to lend money on projects so they can build up a new portfolio of stable debt.
@HannahLevine359Ай бұрын
*DONALD NATHAN SCOTT.*
@toddshavor8093 ай бұрын
If I could make a suggestion.you should put in a HD Scoreboard and use the playing field grass for renters to do community movie screenings, etc. But it's a really great project and well done.
@hc87142 ай бұрын
not really that fun for those premium units facing inside the stadium
@apeekintime2 ай бұрын
@@hc8714 Would be very far from their units. Would not be a light or noise issue
@nicroush45543 ай бұрын
This is the definition of thinking "outside the box". Excellent job!
@seancai10492 ай бұрын
more about having friends and corruption in government why do they get the land for free and a grant from the city for 5.3 million when they end up owning the property?
@GabFitz3 ай бұрын
These are the types of projects we need more of!!!! Instead of just letting buildings rot and fall away why not give them new life and new purpose!?!! I always get so many ideas when I see big abandoned buildings but I don’t have the resources or funds to do anything about it
@organizedchaos45593 ай бұрын
because sometimes it cheaper to tear it down and rebuild
@jlee1043 ай бұрын
@@organizedchaos4559 but the historical and sentimental value should also be worth something. Not every old building needs to be saved but some should as a means to preserve history.
@toomanymarys73553 ай бұрын
@@jlee104they usually make substandard housing.
@farzana66763 ай бұрын
@jlee104 Sentiment of a building doesn't turn a loss into a profit. I also don't like how they kept it looking like a baseball field. They should have made it look like a beautiful park instead. With Roses, Trees, Walkways and a pond/fountain.
@zachary10113 ай бұрын
PLEASE BUILD MORE LUXURY APARTMENTS THERE IS NOTHING!!!! WHAT WOULD WE DO WITHOUT MORE LUXURY APARTMENTS!?!!
@Geeksmithing3 ай бұрын
Thought for sure there would be a batting cage in the fitness center at least.
@davidanalyst6713 ай бұрын
let me introduce you to the concept of american lawyers
@CVSopranoАй бұрын
@@davidanalyst671 An unfortunate truth. :(
@smarteveryday16063 ай бұрын
most interesting renovation project
@Unknown_Ooh3 ай бұрын
Interesting sure, but definitely not the "most" interesting
@apersunthathasaridiculousl18903 ай бұрын
@@Unknown_Oohwho does that title belong to then?
@sterlingmichel44453 ай бұрын
I whish they had interview some of the tenants to get their perspective about living in the building.
@PoyneStar2 ай бұрын
Went to a party there about 10 years ago while in college. It was in one of the adjacent buildings to the stadium. Apartments were nice but felt a bit industrial. The area of Indy it’s in isn’t the best… but isn’t terrible. It’s sort of in an industrial area but it’s still only a 5 min drive from the main downtown area. Can’t speak on the resident experience but there are definitely better-value places to live in Indy for a similar price.
@VulcanLogic3 ай бұрын
Nice work. But this screams "mixed use!" Nothing huge, just some shops and small restaurants along maybe one side. Maybe a small grocery like an Aldi's, Trader Joe's, or a Bridge Street Market like Meijer built in downtown Grand Rapids. Looks like there's still room for more development on the site.
@MarsJenkar3 ай бұрын
There isn't as much room as you might think. Most of the "empty" area of this place is the old baseball field, which extends fairly close to the street (keep in mind, the old outfield fences were preserved, so intruding on the field would be undesirable). The east wall is only about 50 feet from Harding Street, which isn't enough for a retail building plus parking. The land beyond the north wall already is developed, with a parking lot on that side. As for the surrounding area, it's basically all built up, and has been for a long time.
@udishomer58522 ай бұрын
This is America... If you don't need to drive to the grocer store you arr not fulfilling your role
@apeekintime2 ай бұрын
Give it a couple more years and they'll forget the whole infield concept and built more high efficacy units in the middle of that field and surround them with retail space. They never cared about the stadium - they saw dollar signs and kickbacks.
@MarsJenkar2 ай бұрын
@@apeekintime Stadium Lofts opened ten years ago, and they haven't yet done what you suggested they would.
@AndrewTheRadarMan2 ай бұрын
@@udishomer5852 America has had traditional style of developments for hundreds of years. It's oil lobbies and politicians that banned mixed use zoning, making it harder for Americans to start a business.
@soulman429225 күн бұрын
In all reality $14 million is an INSANELY LOW number to redevelop this stadium. Kudos to these gents for putting a lot of time, love, and money into preserving history.
@John-zx6bf3 ай бұрын
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you.... prevent inflation*
@SierraLindeen-pi9we3 ай бұрын
Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.
@John-zx6bf3 ай бұрын
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some
@SierraLindeen-pi9we3 ай бұрын
You trade also?, I tried trading after watching some videos on < KZbin but still keep making losses, how do you
@John-zx6bf3 ай бұрын
From my personal financial advisor
@SierraLindeen-pi9we3 ай бұрын
This sounds so good and I would like to be a party to this, I there any way I can speak with her?
@aaregiel3 ай бұрын
Well done, I like their approach, and the result. Perhaps where the main entrance was a small coffee shop, and a tiny grocery store would have greatly added to the living quality of the residents.
@sparklelikeaghostАй бұрын
How many apartment complexes do you know of that have a coffee shop and a grocery store in them?
@aaregiel29 күн бұрын
@@sparklelikeaghost: It's very common, at least outside the US, to build town centers, and satelite centers of cities with such multifunctional buildings. In our municipality we are about to rezone some land, and allow more such mutipurpose buildings, as they are contributing to the linving quality, and lower traffic volume.
@borktheorc27 күн бұрын
@@sparklelikeaghost how many apartment complexes do you know of that are built on the husk of a baseball stadium? What a goofy question to ask.
@lorevyr3 ай бұрын
Amazing video, also showing the $ amounts is amazing
@Jay12Dizzle3 ай бұрын
A custom pool surrounded by foliage and a little park would have been awesome . An open field is just not that pretty in my opinion
@BaDazai3 ай бұрын
They should turn the field into a walkable garden with trees, plants and mini play area fir the kids.
@albertoderfisch1580Ай бұрын
Yeah, completely dumb to leave it as a bland flat space
@nitrorange29 күн бұрын
It could easily be a park rather than a lawn.
@Chris.Davies2 ай бұрын
Why wouldn't you landscape the old baseball field, and turn it into a wonderful garden?
@FauadShah-dk5rs2 ай бұрын
Because they wanted to keep the field as a historical/heritage site
@calhountubbs4031Ай бұрын
Because this was a much, MUCH BETTER idea.
@malik27283 ай бұрын
Love stuff like this because it helps to keep some semblance of architectural culture rather than just tearing it down like so many other places have
@derkies21333 ай бұрын
Why keep the gas on the field...make it a proper park and an community garden!
@SirD13 ай бұрын
Exactly! A green space would be nice
@bnwo3 ай бұрын
They did the minimum investment is why.
@BatsiraiMusuka3 ай бұрын
Did you all hear the part where they said they pour back profits into these projects? Or the part where they want to maintain the heritage? You go ahead and start your own project. We are always fast to criticize people who actually did the work.
@dronetestdaegan3 ай бұрын
They took all the cars away, so there is no gas on the field anymore. I'd assume some leaked, but the grass looks nice for the residents to use.
@josephhobbs47543 ай бұрын
Hopefully they got some cash for crushing those clunkers.
@Caterations3 ай бұрын
I've drove by this last year going to Gen Con a few times and wondered what it was like. Thank you @cnbc for putting this out here.
@TrailsTzar2 ай бұрын
Phenominal historic rehab! I watched this from the start, thankful they didn't tear down the old structure. These buildings serve as icons to a neighborhood and more effort should be taken to preserve them like this.
@BEASTIOU3 ай бұрын
Read the reviews for this place. The place has drive by shootings, break-ins, horrible security, paper thin walls, broken appliances...Indiana is a dump to begin with. This is just hype. I was thinking that the windows would be impact resistant and sound proof and you would be able to play baseball all night long...Place is sad, not amazing.
@landonkirk54443 ай бұрын
5m in grants from the city, they put up 1.2M in cash and paid themselves 800k??? So they paid 400k and took a 6.5m mortgage on a 14m property. Sounds like highway robbery of the city to me
@Erizon3 ай бұрын
Finest text book corruption here. If you have connections with people in power you can get any plot of land for a dollar.
@ArcticPrimal3 ай бұрын
Yea, the city could've done this themselves. It seems they have friends in the city, and those friends will personally invest in the property or related ventures
@franciscVL3 ай бұрын
Yeah, sounds like a great investment for them. I'm, however, a bit unclear of the difference between the 1.2 million in cash and 800k in fees. Are those the ammounts they brought in or not?
@rickb32883 ай бұрын
@@ArcticPrimal Ha ha ha ... right. As if a government, even in IN, can do something like this well.
@Objectified3 ай бұрын
@@ArcticPrimal Oh please, you people...
@ViewFromADream3 ай бұрын
The word luxury has absolutely zero meaning in 2025
@AutisticMorty3 ай бұрын
Why is it the guys who never use a gym that decide what goes into a shared fitness room? 10 treadmills, 10 bikes, one bench, no squat rack. Reality: 1 person running on treadmill, 5 waiting to use the only bench.
@gothamt98433 ай бұрын
Equipments for apartments like this are often pre packaged. A lot more people do just cardio than weight lift. Hence the number of equipment is based on that.
@1knightero3 ай бұрын
@@gothamt9843if u really wan to do cardio , u could just run the field . But no way for weight lifting . U only can do it with equipment .
@fliper45683 ай бұрын
I think you over estimate how much the average person weight lifts
@AutisticMorty3 ай бұрын
@@fliper4568 I use the fitness room in the building so I see it all the time. 5 guys waiting for the bench, 1 person running on treadmill, and 19 empty treadmill/bikes that no one uses.
@IEIDIDO2 ай бұрын
I mean the fact that it doesn't have a functioning baseball diamond ruins it for me.
@YouCanCallMeReTro2 ай бұрын
In fairness it would cause a lot of broken windows and noise complaints.
@_ata_32 ай бұрын
@@YouCanCallMeReTro You can put a net.
@IEIDIDO2 ай бұрын
@@YouCanCallMeReTro 1) There are ways of protecting the windows. 2) Only ball fans would move in, so there would be no complaints.
@YouCanCallMeReTro2 ай бұрын
@@IEIDIDO Yeah you could protect the windows, at the cost of being able to actually have a view/good lighting from your apartment. I doubt they could book the place full just off baseball fans, that seems like a super niche/weird combination for real estate.
@thelegend27762 ай бұрын
It is very clear that this was mostly designed by engineers instead of architects...
@Ragnarok24143 ай бұрын
Baffles me that they did concrete for the bases paths. Why not make it a usable park. Total waste of an opportunity
@Jonas-nf2bc2 ай бұрын
Because maintaining a baseball field is expensive. I think the residents should have access to the grass on the field however. Seems boxed in to me.
@Jon-fk3guАй бұрын
Agreed. Totally ruins the field.
@walmars3curity23 күн бұрын
Literally nobody is ever out there using it or the tennis courts... lol
@skyak44933 ай бұрын
I think that may be the best $1 the city ever earned!
@tomektomek98363 ай бұрын
They also spent 5M in grants which is free money for the developers
@MangoMotors2 ай бұрын
@@tomektomek9836 $5 million for a successful housing project is on the cheap side consider I've seen so many cities spend hundreds of millions on failed projects
@edubbs35282 ай бұрын
@@tomektomek9836 It is, but I'm sure it comes with strings attached...as it should.
@akane86153 ай бұрын
This would be nice alternative to dormitory.
@Findre373 ай бұрын
There is a similar project like this in Detroit involving the old Tiger Stadium.
@lal5555f3 ай бұрын
It kinda looks like a prison and yard situation
@xavierb90613 ай бұрын
They got $5 million from city to do this.
@landonkirk54443 ай бұрын
And paid themselves 800k LOL
@carloscastaneda33 ай бұрын
As a grant, yes. It benefits the City to invest in projects like this that clean up undesirable locations and bring in new residents, businesses, and infrastructure, which in turn will bring in more tax revenue and better reputation.
@SirD13 ай бұрын
it's a win win
@SirD13 ай бұрын
@@landonkirk5444 risk isn't free
@KK-pm7ud3 ай бұрын
And the tourism revenue probably offset it while providing good housing
@micmousebg3 ай бұрын
I am absolutely amazed. Such a beautiful idea - and realization! Lots of respect for these gentlemen!
@AntonSlizzardhands3 ай бұрын
So your views are a concrete ball field with a chain link fence?
@02nupe3 ай бұрын
what should they be, considering the historical significance to that area?🧐
@Objectified3 ай бұрын
You mean a giant grass field? I agree that the chain link fence was probably an odd touch, and I'd suspect they'll replace them with railings over time.
@davidanalyst6713 ай бұрын
my view right now is a parking lot
@amarbaha3 ай бұрын
That is just so AWESOME that these gentleman had the insight and the will to do this. Great repurposing and nostalgic.
@grand_vacation2 ай бұрын
Mannnnnn I love the recycling ideas!! If I had a bazillion dollars I would buy an old cruise ship, dismantle it and rebuild it on land!
@Dani11652 ай бұрын
I can believe this only cost 14 mil.
@bobgeels2622 ай бұрын
So they built 138 houses for 14 million, that makes the building costs per luxury apartment around 100k. We need more like this funded by the government to fix the housing crisis. Houses don't always have to cost 450k
@MS-lb7bg3 ай бұрын
Love the idea. but totally not luxury apartments
@TAUNinja3 ай бұрын
I think they titled it wrong, they said they rent for $950-$1700. Defiantly not luxury but it is nicer than your average apartment and I think its a pretty decent price in todays market.
@govecomm28 күн бұрын
Plant some trees and an orchard and maybe a small pond, wildflowers. that huge area of grass is useless boring and dated.
@Lottosixs3 ай бұрын
Today they house Indiana’s entire divorced dad population
@ThatOneArchie3 ай бұрын
call the "luxury apartments yet the islands are wood tables ?? YEAHHH OK! ashahaha tf lol
@mr.w78032 ай бұрын
Pretty cool, but I think they could’ve made some better design decisions to lean into the unique property… like, why not use the press box as a community area? Or the gym. You have a WHOLE field outside, why not incorporate that? Or heck, make the press box the gym and have a killer view…?
@vernongomes3 ай бұрын
Michael and John could do this to Gwinnett Place Mall in metro ATL. My city has been talking about it for years and done nothing yet!
@craigm.56742 ай бұрын
Bummed…. They should still have games a couple weekends a month or rentable for weekend tournys
@mordsythe2 ай бұрын
The fact they made them affordable is what I love about it this project. I genuinely figured they would be “premium apartments” which translates to “add another thousand” Good job to them!
@kidistight13 күн бұрын
Uh, did they though. The city was initially looking at $600 for the lofts I believe. However they are charging $1100. I don't know the wages in IN, however an extra $500 I'm sure hurts anyone right now.
@MrFreakout763 ай бұрын
Huge miss not making the original infield a pool. That would have been the ticket.
@alexhara70203 ай бұрын
These are luxury??
@LoanShoppingExpert3 ай бұрын
Why can't the infield be garden spaces?
@chicagoeconomist16432 ай бұрын
The whole concept is it’s a baseball field…
@Mike__B3 ай бұрын
This is a great project but... instead of the city hiring a company to build housing where it would largely be in charge of the housing, they essentially give property to a private developer and just say "just make living spaces, you can own them, and you can profit off them" Now sure the ROI isn't immediate by any stretch, but this is largely the problem with housing across US, cities say "we don't have enough affordable housing" and then they give away all their land to to private firms so they profit and at most the city gets property tax revenue.
@JD-pe7sx3 ай бұрын
With direct ownership the city is directly accountable for all of the management decisions which isn't always great. Renters coming to city council meetings bc the rent goes up, lol. Maybe with a joint venture setup it can work though, idk.
@Mike__B3 ай бұрын
@@JD-pe7sx Oh yeah, I absolutely understand that aspect of it. But it's gotta be better in the long term than literally giving away land to a company and say "build something there!". Maybe own it and hand it over to a rental agency or something and they can deal with the day to day decisions.
@a13xp5229 күн бұрын
Let's be real here, If the government was in charge, the project would've taken 2x longer, cost 4x as much money to build, and then they would've subsidized the rent/cost by taxing the rest of us.
@pippas9272 ай бұрын
this should've been a mixed use development with a public lawn! i'm sure its nice as a residential space but its totally a wasted opportunity especially if the city was trying to expand their downtown and craft a unique city heritage/identity.
@dickieeddiemkandawire40843 ай бұрын
Amazing project. gave me some ideas
@pedrofan343 ай бұрын
Excellent idea to repurpose the stadium. It does sound like a highway robbery deal because they put $1.2M in, paid themselves 800k, and then took out a mortgage which will be paid by renters (with the rest being grant money). I looked up Stadium Lofts and it looks like it’s in an industrial district so not really any shops, restaurants, or stores nearby. Would have loved to see some offices or small stores incorporated on the property. Still a very cool place to live though
@faaqcee33 ай бұрын
I wonder what it looks like today.
@Musathenomad2 ай бұрын
These apartments are expensive af. Went there 5 years ago to try and lease and 1bed 1bath was over 2k then when everything in the area was around 800-1200. Wonder what they are now.
@paulgilliland29923 ай бұрын
Strange looking but if it works for people. I think they should have installed hydronic radiant heating underneath those polished concrete floors but judging on how poor the interior cabinets and finishes are it’s not surprising these guys are all about cheap.
@andyo99303 ай бұрын
Seems cool, looks cool, but concrete is a noise conductor. With the concrete floors and the building’s initial design purpose, I’m guessing the sound between apartments is probably pretty loud.
@Masterbest1625 күн бұрын
Fallout 4’s Diamond City in real and current life
@kambennettproduction2 ай бұрын
5.3M in grants? that was a layup...
@goprovideos92802 ай бұрын
The word "luxury" is so freeely used nowadays. These are decent apartments, but not luxury at all. Also a home should feel like a home not a stadium..... There are different ways you can honor the historical past.
@AlanSmith888883 ай бұрын
Did they use galvanized square steel?
@richmatthews7685Ай бұрын
I drove by here the other month.. these must be some old clips of the finished project because it looks like crap on the outside now.
@carmellabrown33353 ай бұрын
Dear Lord I ask that you surround me with people who have this type of vision. That is an amazing idea, kudos to them for making it happen. It looks beautifully done, I hope that they invested in proper infrastructure in the apartments are safe. Chef's kiss beautifully done❤
@brendanode3 ай бұрын
Why wouldn't they let it be an active baseball field? Why wouldn't they make the pressbox a functional common space? Why do the apartment kitchens look like they're from 2005?
@YanikM3 ай бұрын
thought the same exact thing
@02nupe3 ай бұрын
My only knock is the baseball field isn't active (at this time), there is room to make the field and press box open I'm guessing. What's wrong with 2005 looking apartments?
@robertpuffer97213 ай бұрын
Pretty difficult to maintain a baseball field in playing condition without a full time groundskeeper. I get the concrete basepaths as that opens up entertainment options like wedding receptions. A baseball field can be very dangerous to your apartments windows also. I would love to live there as that outfield would still be great to shag flies or play over the line after work.
@Objectified3 ай бұрын
They're not luxury apartments. The kitchens have cherry cabinets and granite countertops. You could find far, far, far worse.
@nonnymoose70053 ай бұрын
Foul balls could break windows, noise, etc.
@clebo993 ай бұрын
This is much better than my condo in Diamond City.
@MsTERRY46583 ай бұрын
God bless you guys. I wish more developers across the US would do this. Instead, of tearing down decent buildings and eliminating parks.
@thecaptainplus3 ай бұрын
why does it have to be luxury? Give us affordable apartments godammit
@mistermood41643 ай бұрын
the apartments start at $900 per month, that's pretty affordable
@BadMannerKorea3 ай бұрын
@@mistermood4164 Pretty sure those are the studio apartments. There's also drive by shootings, which someone took a photo of the bullet hole in the window. lol.
@02nupe3 ай бұрын
@@mistermood4164 folks just wanna complain, unfortunately in any top 40 USA city those pre-pandemic prices are not coming back
@tpatrickl95393 ай бұрын
I’m in Colorado. Most developments here are done with 20% affordable housing.
@Smile200-z4y3 ай бұрын
Because they given up on a life for us. Skiing, sports, school used to be affordable. Now everything so expensive.
@dmacut81343 ай бұрын
Is the luxury in the room with us?
@Pr0toPoTaT03 ай бұрын
This is dope. No other words. Youre charging what i pay now where im at to live at a baseball stadium. Cant lie though, something bout those flats look unappealing lol
@walmars3curity23 күн бұрын
If you never been to the area you wouldn't want to live there.... The hood of the west side is right down the road
@rollingthunderinho3 ай бұрын
amazing! fair rent prices too it seems
@marlinsly8863Ай бұрын
Diamond city irl
@lilspliffington32683 ай бұрын
Wavy this is the future of America
@celestialnubian3 ай бұрын
I'm always in awe of a well done architecture / build project.
@webbgroup3 ай бұрын
Field not playable. No point reserving the field.
@Objectified3 ай бұрын
Yes, there is. Preserving the historic field was part of the goal. Preservation often does not mean "making it available for active use."
@katibarrett87793 ай бұрын
It's missing a pool.
@dierichvontrompel96652 ай бұрын
excellent idea, but the apartments look awful
@justteresiah3 ай бұрын
Very interesting
@bludybrains3 ай бұрын
Too bad the field is cement. Would have been cool to have the field playable for residences somehow.
@UncleLesterCam21 күн бұрын
$6M in Cash from Tax Payers to fund this and CNBC conveniently forgets to give this color from the most popular review on a major apartment finding site: "I've lived here for a few years. At first, it was a fairly priced, unique apartment. The furnishings are cheap, and you're surrounded by college kids (i.e. noise and weed), but with each management change...things get worse. We are now officially at the point where if something is wrong, they just throw up their hands and say, "we can't do anything about it." SEVERAL thefts this week alone; mailroom, patios, cars being broken into. Upon complaining, you'll be met with such pearls as: "There's nothing we can do." "This is Indianapolis, what are you going to do?" "You shouldn't leave valuable things laying out." It's one thing to transfer liability. It's another to completely disregard any attempt to acquire any, and to blatantly say that to your residents."
@hartinggarth3 ай бұрын
I love this community empowerment and affordable units and financing.
@RyanLynch13 ай бұрын
i feel like the remaining field could be a park or something. it's great that this whole project happened thoughn
@SoCalFreelance3 ай бұрын
Seems like a convoluted way to get a historic building tax write off or something.
@Objectified3 ай бұрын
The you don't understand redevelopment projects. They added 138 units of affordable housing to an area that needed housing and is short on economic activity, and they did it while preserving a historic field and portions of the historic building.
@SoCalFreelance3 ай бұрын
@@Objectified Many would argue the area the size of a baseball field not used for baseball would be better utilized for additional housing, walking trails, greenery, and a community center.
@rockopocko69443 ай бұрын
hard nah
@BigHeadBob3 ай бұрын
0:50 seconds what song is this lol LOVE IT!
@Jaiden_ckАй бұрын
Ludus by Michael Verhovec
@slow-moe35183 ай бұрын
Always luxury apartments. Can't have affordable housing anymore.
@d-243 ай бұрын
900 - 1700 $/month, average 1200$ a month, 96 apartments = 115.200$ a month. Spend 14 million to gain approx 125.000$ a month so he's getting his payment back in 112 monthswhich is about 9.5 years. So he's earning his money in 9.5 years.. pretty good deal!
@FreshTooDef2473 ай бұрын
That’s 🧢 who sell a baseball stadium for a dollar
@ebbamb3 ай бұрын
Notice how much the city requested for them to accomplish with this build. It was the city who sold it for $1 to them under the agreement that it would both preserve some of the history and improve the area. It's much more beneficial to the city in this state than it had been as an abandoned stadium full of junk cars.
@xavierb90613 ай бұрын
$5million from city in grants do this
@SirD13 ай бұрын
@@xavierb9061 a win win for the city. It spurs growth and other projects for the city
@qzy-179SanTzxkW3 ай бұрын
This brings a new meaning to the term "homerun"
@Uc000f3 ай бұрын
It would be beautiful if a nature reserve was grown in the middle of the field
@arribaficationwineho323 ай бұрын
Anything better than living on a baseball field
@randywells96763 ай бұрын
hey great MORE UNaffordable housing being built YEAHHH!
@mattski19792 ай бұрын
Member in Big when Josh Bastion asks his secretary to get old Superbowl tapes without commercials from some department or other and Bastion's friend says , "you're the luckiest guy I know." That's me for watching what both of you guys accomplished. Great Job.