Hoosier Beer Geek has written about the new venture for Upland Beer, located at the corner of 49th and College. The blog mentions that Upland wants to be a part of an up-and-coming neighborhood, and to be away from the Broad Ripple party scene. I’d imagine that the rent for the space is quite a bit cheaper, as well. Also, chef Greg Hardesty is looking to add a new restaurant on the opposite corner.
At 46th street, a long neglected building on the northeast corner is getting a facelift from an unlikely source: an Indonesian Restaurant. I visited the restaurant last weekend and talked to the owner, who hopes to open up soon. He mentioned that he was paying 1/3 of the rent compared to Broad Ripple, and that this would be the first Indonesian restaurant in the state. Also, the portion of the building he is in was boarded up and vacant for a decade.
At 42nd, a new pretzel shop has opened. I have not had the time to visit it yet, but it’s in another spot that has been empty for quite a while.
At 22nd, there is a clothing store named Frugality Fashions. This portion of College has been neglected the most, and retail activity here is most welcomed.
It remains to be seen if this influx will withstand the troubled economic climate. However, perhaps one of the major reasons the infill is happening is for precisely that reason. Entrepreneurs are looking for deals, and corridors like College Avenue see enough traffic that they feel like they can risk a venture in a lower-rent building. I wish them success in their businesses, as we look to revitalize a potential asset.