Reply #6: I think the Market Square area is about bringing wealthy

[salin]

professionals who work downtown back to live downtown - so very upscale living going in there.

Not sure about why more emphasis on Fletcher Place than the areas moving north from 10th or so near meridian (new jersey, etc.)... except, perhaps, targetting the Lilly crowd. I heard that Lilly had sunk some money into the dev. of the Fletch Place area (and perhaps also the nearly adjacent Fountain Square area.. though that development isn't as top-end.)

I think more redevelopment would have continued had the state and city economy become so strapped. Thus I think the dev continued and became concentrated by two factors - one, where there was other money being poured in (eg fletcher place with lilly and some fed $ tied to fountain square (redevelop $), and two, where private investors were likely to throw a lot of money because of location (eg the Market Square area).

If the economy picks up again, I would expect that areas that were beginning to get gentrified would start moving again.