Indianapolis is one of 19 communities nationally to win a redevelopment award from the Environmental Protection Agency to revitalize former industrial sites.
Near East Area Renewal Director John Hay says the $200,000 grant is a significant first step towards redeveloping the Indy East Promise Zone.
Part of the area, Sherman Park, used to be the headquarters of RCA. At its peak in the 1950s, the factory’s 8,000 employees manufactured records.
But now, Hay says, “Sherman Park looks like a bit of a war zone.”