This image is a conceptual rendering and is proposed for illustrative purposes only.

J.C. Hart

AN UPDATE FOR OUR NEIGHBORS ON THE
PROPOSED REDEVELOPMENT OF THE WILLOWS

The Willows Event Center has been in the Bayt family for a quarter century. The COVID-19 pandemic, ongoing operating costs and an influx of additional event venues in the area led the Bayt family to consider new uses for the property. After consulting with real estate professionals and considering the nearby neighborhood and current market, the family feels a residential development offering both homeownership and rental opportunities is the best use for the property going forward. The proposed updates will rezone the property to residential, better fitting the surrounding neighborhood. It will also add in greenspace, walking paths and enhanced connectivity while being sensitive to Spirit Lake’s ecology and indigenous plant species. The Bayt family has been a good steward of the property and wants to foster a development residents can enjoy for years to come.

RESIDENTIAL OPTIONS

239 APARTMENT HOMES

Developed by J.C. Hart Company

Market rate rent $1,200-2,100 per month

Workforce housing rent $715-918 per month (24 apartments)

343 spaces of covered podium parking

Projected to be one building or three separate buildings

16 RESIDENTIAL TOWNHOMES

Developed by Chase Development

$700,000-1,000,000 each

Two-car garage and driveway parking options

This project is recognized as an appropriate use in the Marion County Land Use Plan because of its proximity to the Monon Greenway.

NEIGHBORHOOD &
ECONOMIC IMPACT

TRAFFIC

A licensed traffic engineer completed a study to confirm there is no anticipated impact to overall intersection level of service at nearby intersections following completion of the development.

CONNECTIVITY

The developer proposes adding 1,800 linear feet of interior trail and more than 1,300 linear feet of exterior trail, including two new connections to the Monon Trail and new paved paths along Westfield Blvd. Proposed crosswalks will also improve safety.

INVESTMENT

The Willows redevelopment
is a $53 million project.

PROPERTY TAXES

The new development is expected to generate more than $10M in property taxes over 25 years. This is significantly more than what would be generated from current annual property taxes.

GREENSPACE

76% of the property will
be greenspace.

WATER QUALITY

A storm water quality system will be installed to treat water and enhance the water quality of the lake, which will positively impact the lake’s ecology.

WHITE RIVER

The proposed redevelopment does not sit within the White River protection corridor or the DNR-regulated floodway of the White River.

SUPPORT

Do you support community improvements and increased residential options through The Willows redevelopment?

Sign our petition to show your support.







PROJECT UPDATES

We are committed to communicating with our neighbors and doing additional research to ensure this new residential development is the best it can be and fits the overall needs of the neighborhood. We are working with architects, traffic engineers, environmental regulations and elected officials to examine the project from every angle and improve its impact.

DENSITY

The Willows redevelopment is recognized as an appropriate use in the Marion County Land Use Plan, also called the Pattern Book (page 27 under Suburban Neighborhood Classification). Increased density is encouraged given its proximity to the Monon Greenway.

TRAFFIC

  • The Indianapolis Department of Public Works reported only two accidents on the curve near the Willows Event Center in more than two years. Neither occurred during high volume times at the Willows Event Center.
  • Nearby residents hired a traffic engineer whose traffic counts were lower than the CEC study. Even with this new data, intersection levels of service did not change due to the development.
  • Oxbow neighbors were concerned about access to The Willows redevelopment from Westfield Road. J.C. Hart updated the site plan to address neighbor concerns so there will no longer be access to Westfield Road (the road leading to the Oxbow neighborhood entrance), other than for emergency vehicles.

WALKABILITY/CONNECTIVITY

  • Barrett & Stokely has provided a letter of support on Monon access at 71st
  • The Willows redevelopment supports usage and enjoyment of the outdoors by accentuating natural features of the property and adding pedestrian trails inside and outside of the project area.
  • The developer proposes adding new crosswalks and appropriate signage/lighting to improve safety

ENVIRONMENT

  • This project will improve the water quality of Spirit Lake. Currently, there is no storm water quality system at The Willows or Spirit Lake Condominiums. As part of the redevelopment, J.C. Hart will install a system to filter stormwater from the Willows site before it enters the lake.
  • Proposed walking paths will not disturb the lake edge.

ARCHITECTURE

  • The Willows redevelopment was designed by the renowned Indiana firm Studio M.
    • After neighbor feedback and requests to reduce the mass and scale, the developer:
      • separated the one large building into three smaller buildings.
      • introduced three-story elements among the newly separated north and south buildings versus one four-story building.

PROPERTY TAXES/TIF

  • Once the project is completed and fully assessed, it will result in an increase of $400,000 a year in referendum and school taxes over current property taxes for Washington Township schools.
  • Few families with school-aged children would be expected to live in this development.
  • 10% of the apartments in The Willows redevelopment will be available for people who qualify for workforce housing with discounted rent in the range of $715-918/ month.

RESOURCES

ABOUT J.C. HART

Since 1976, J.C. Hart has been the leader in the development, construction, and management of luxury apartment communities in Indiana and the Midwest.  Our collaborative mindset allows us to tackle every project with creativity and professionalism.  This approach enables us to not only build unique and beautiful apartments for our partners but also give our community Residents a memorable, high-quality living experience.

CONTACT US

We are here to assist you and answer any questions you have pertaining to The Willows development.