The Meadows Community Foundation Board and I are pleased to announce the formation of the MCF Advisory Group. The group is comprised of community members, the faith community and development associates. The group’s goals and objectives are to advise me and the MCF Board on issues involving the direction of our development and to help provide a voice for the community and much needed and appreciated guidance and advice. If you are interested in participating or providing input, please feel free to contact the MCF office. The Group meets monthly and the next meeting takes place Wednesday, November 16, 2011, 3:30 PM.
You can view the members of the MCF Advisory Board on the Our Story page.
Roger Gant sat on his bicycle across the street from where a $150 million renovation is taking place to reinvent the Meadows on the Northeastside of the city.
Phase one of the 248-apartment complex called East Village at Avondale Meadows is complete. The long term plan is to have 800 units. It will have 70 percent occupancy reserved for low-to- moderate income residents while the rest will be offered at market rate. (more…)
The second richest man in America is in Indianapolis helping to transform a neighborhood known for its crime. Warren Buffett, who’s worth $39 billion, is focusing some of his money and attention on the area known as the Meadows.
Warren Buffett brought his checkbook to Indianapolis Wednesday.
Mayor Greg Ballard today celebrated the opening of East Village at Avondale, a 248-unit mixed-income apartment community that is part of a holistic urban redevelopment aimed at revitalizing Indianapolis’ historic Meadows neighborhood. Tom Cousins, founder of the Atlanta-based non-profit Purpose Built Communities (PBC) consulting group, and financier Warren Buffett joined Mayor Ballard along with other stakeholders for the event. (more…)
A multimillion-dollar redevelopment on Indianapolis Northeastside today got a big vote of confidence from three billionaires, including the nations second-richest man.
Business magnate and popular investor Warren Buffett — the richest of the three — came to Indianapolis today to help celebrate the opening of the 248-apartment complex, East Village at Avondale Meadows. The apartments are part of a redevelopment of the historic Meadows neighborhood on East 38th Street just east of Keystone Avenue. (more…)
Atlanta developer Tom Cousins witnessed first-hand the early phases of the “miracle” he pulled off in the transformation of East Lake community at the Avondale Meadows community in the northeast section of Indianapolis.
In an effort to spread the success to cities across the country, Cousins founded Purpose Built Communities; and he was able to get philanthropic support from two business superstars — billionaire Warren Buffett and former hedge fund leader Julian Robertson. (more…)
Billionaire investor Warren Buffett is backing revitalization efforts in one of Indianapolis’ most troubled neighborhoods.Purpose Built Communities, an Atlanta-based nonprofit consulting group, is spending $150 million to bring new life to 100 acres in the Meadows area, just east of Keystone Avenue along 38th Street. (more…)