Rethinking old town: Market Plaza at heart of redevelopment plan



Photos:


Greenwood EDC member Dr. Chuck Landon talks about his plan to redo Old Town Greenwood at the intersection of Lincoln Street and Market Plaza Monday, Sept. 24, 2012, in Greenwood, Indiana. STAFF PHOTO BY SCOTT ROBERSON/sroberson@dailyjournal.net


submitted photo Rendering shows what downtown Greenwood could look like after a revitalization.


Picture one-way roads and high-end stores in Old Town Greenwood.

Imagine broad sidewalks, smoothly flowing traffic and a roundabout on Madison Avenue.

Envision new restaurants, offices and condos in historic-looking buildings on Market Plaza. See people strolling past a fountain, colorful landscaping and decorative streetlights as they go to shop at boutiques or dine on rooftops.

That’s the vision that Old Town resident and economic development commission board member Chuck Landon unveiled Thursday. Landon called for transforming the Old Town area through the redevelopment of part of Market Plaza, the rerouting of traffic to go one-way and the creation of a new tax-increment financing district that would set aside tax dollars to help pay for various projects.

A few buildings on Market Plaza, such as an abandoned used car dealership, could be torn down to make way for new development near the intersection of Market Plaza and Lincoln Street. The Suds, Jockamo’s Upper Crust Pizza and other businesses on Market Plaza would remain.

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