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MAPLETON FALL CREEKDEVELOPMENT CORPORAT ION
A CENTRAL LOCAT ION .M a p l e t o n - Fa l l C r e e k ( M F C ) i s a 1 5 - m i n u t e d r i ve f r o m a l l o f I n d i a n a p o l i s ’ m a j o r e m p l oy m e n t c e n t e r s , a l l o f i t s m a j o r u n i ve r s i t i e s , a s we l l a s i t s s p o r t i n g a n d e n t e r t a i n m e n t d i s t r i c t s .
Source: Greenstreet, Ltd
15-minute Drive
Target Area
MAPLETON-FALL CREEK
Mapleton-Fall Creek
Central@29
A N C H O R I N S T I T U T I O N SCrown Hill Cemetery 16,000 visitors
152 employees
Indiana State Fairgrounds 300 events/year2 million+ visitors90 employees
Children’s Museum 1 million+ visitors355 employees
Newfields 500,000+ visitors295 employees
Ivy Tech 26,000 students1,400 faculty/staff
TOTAL** 3.5m+ visitors2,292 employees26,000 students
** Water Asset
Anchor Institution
2021 Focus Area
Mid-North Area
Greenways
A n c ho r I n s t i t u t i o n Impac t
Source: Midtown Anchor Coalition; Framework Plan, 2016
R E C E N T I N V E S T M E N T SP U B L I C , N O N P R O F I T, A N D P R I VAT E
OVER $190 MILL ION INVESTED
$ 4 5 M I L L I O NR e s i d e n t i a l I n v e s t m e n t
$ 3 2 . 1 M I L L I O NI n f r a s t r u c t u r e
I n v e s t m e n t
$ 1 0 6 M I L L I O NA n c h o r I n s t i t u t i o n
I n v e s t m e n t
$ 7 M I L L I O NO p e n S p a c eI n v e s t m e n t
I N I T I AT I V E S & T R E N D SP O P U L AT I O N , H O U S E H O L D, A N D I N C O M E
6,482
7,033
7,400
2,8783,129
3,293
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2010 2017 2022
Total Population and Households in MFC
Population Households
CONS I S T ENTPOPULAT ION GROWTHS i n c e 2 0 1 0 , t h e M a p l e t o n - Fa l l C r e e k a r e a h a s a d d e d n e a r l y 6 0 0 n ew r e s i d e n t s , w i t h a n o t h e r 3 6 7 p ro j e c t e d t o b e a d d e d t h r o u g h 2 0 2 2 .
+5.
42%
(201
0-20
17)
+3.
60%
(201
7-20
22)
Source: Esri, 2018 | Greenstreet, Ltd
+8.
72%
(201
0-20
17)
+8.
72%
(201
0-20
17)
-3
24
39
-29
18
79
40
-4,000
-2,000
0
2,000
4,000
6,000
8,000
10,000
-40
-20
0
20
40
60
80
100
>25 25-34 35-44 45-54 55-64 65-74 75+
Mar
ion
Cou
nty
Map
leto
n-Fa
ll C
reek
Net Household Growth by Age of Householder in MFC
Mapleton-Fall Creek Marion County
S EN IORS DR IV ING POPULAT ION GROWTHH o u s e h o l d s l e d by t h o s e 5 5 a n d o l d e r a r e t h e p r i m a r y a ge c o h o r t d r i v i n g h o u s e h o l d g row t h w i t h i n t h e M F C a r e a , a l o n g w i t h h o u s e h o l d s l e d by t h o s e a ge s 2 5 - 4 4 .
T h i s i s a s i m i l a r t r e n d w h e n c o m p a r e d t o M a r i o n C o u n t y.
Source: Esri, 2018 | Greenstreet, Ltd
KW4
Slide 8
KW4 This is easier for me to follow. thanks for redoing these graphs!Katie Wertz, 5/24/2018
2728
4
23
17
5
-20
-10
0
10
20
30
40
25-34 35-44 45-54 55-64 65-74 75+
Net Household Growth by Income and Age of Householder in MFC (2017-2022)
<$25,000 $25,000 - $49,999 >$50,000
YO U N G E R H O U S E H O L D S D R I V I N G I N C O M E G R OW T HB e t we e n 2 0 1 7 - 2 0 2 2 , h o u s e h o l d s b e t we e n 2 5 - 3 4 a n d 3 5 - 4 4 ye a r s o l d a r e p ro j e c t e d t o a c c o u n t f o r t h e l a r ge s t s h a r e o f u p p e r - i n c o m e g row t h w i t h i n t h e M F C a r e a .
S e n i o r h o u s e h o l d s ( 6 5 + ) a c c o u n t f o r t h e l a r ge s t s h a r e o f l owe r -i n c o m e g row t h a s t r a d i t i o n a l i n c o m e s d e c r e a s e w i t h r e t i r e m e n t .
Source: Esri, 2018 | Greenstreet, Ltd
FA L L CRE EK GREENWAY TRA I L ACCESSI n a d d i t i o n t o t r a n s i t a c c e s s , M a p l e t o n F a l l C r e e k i s a h i g h l y wa l k a b l e n e i g h b o r h o o d , w i t h d i r e c t a c c e s s t o t h e F a l l C r e e k G r e e n wa y T r a i l a n d n u m e r o u s p a r k s a n d o p e n s p a c e s , i n c l u d i n g t h e o v e r $ 1 m i l l i o n i n p o c k e t p a r k s c r e a t e d by t h e M a p l e t o n F a l l C r e e k D e v e l o p m e n t C o r p o r a t i o n ( M F C D C ) .
Sources: Alltrails.com | Mapleton-Fall Creek Development Corporation
TRANS I T ACCESS/BRTM a p l e t o n F a l l C r e e k i s w e l l - s e r v e d by I n dy G o c u r r e n t l y a n d i s p o s i t i o n e d s t r a t e g i c a l l y w i t h i n t h e M a r i o n C o u n t y T r a n s i t & I n dy C o n n e c t p l a n s , w i t h t h e c o n v e r g e n c e o f t h e Re d , G r e e n a n d P u r p l e r a p i d t r a n s i t l i n e s .
Source: IndyConnect.org| Greenstreet, Ltd
57
4
107
0
20
40
60
80
100
120
<$25,000 $25,000-$49,999 >$50,000
Net Household Growth by Income of Householder in MFC (2017-2022)
A GROWTH IN UPPER INCOMESB e t we e n 2 0 1 7 a n d 2 0 2 2 , t h e M a p l e t o n - Fa l l C r e e k a r e a i s p r o j e c t e d t o s e e t h e l a r ge s t i n c r e a s e i n h o u s e h o l d s m a k i n g o ve r $ 5 0 , 0 0 0 a n n u a l l y .
Source: Esri, 2018 | Greenstreet, Ltd
LARGE SHARE OF 1 - P ERSON HOUSEHOLDSO n e - a n d t wo - p e r s o n h o u s e h o l d s c o m p ro m i s e n e a r l y t h r e e - q u a r t e r s o f h o u s e h o l d s i n t h e M a p l e t o n - Fa l l C r e e k a r e a . T h i s r e f l e c t s t h e s h r i n k i n g f a m i l y s i z e , h i g h e r s h a r e o f r e n t e r s , a n d c h a n g i n g h o u s e h o l d c h a r a c t e r i s t i c s .
Source: Esri, 2018 | Greenstreet, Ltd
59% 14% 13% 6% 8%0%
10%
20%
30%
40%
50%
60%
70%
<$34,999 $35,000-$49,999 $50,000-$74,999 $75,000-$99,9999 $100,000-$200,000+
Total Share of Households by Income 2017 and 2022
2017 2022
S T R AT E G I C O P P O R T U N I T I E S TO S E RV E D I V E R S E I N C O M E SA l t h o u g h i n c o m e g row t h w i t h i n M a p l e t o n - Fa l l C r e e k i s p r o j e c t e d t o b e s t r o n g t h r o u g h 2 0 2 2 , o ve r h a l f o f t h e p o p u l a t i o n r e s i d e s i n l ow - t o -m o d e r a t e i n c o m e h o u s e h o l d s .
T h e p r e s e n c e o f t h e s e h o u s e h o l d s p r e s e n t s s t r a t e g i c o p p o r t u n i t i e s f o r r e s i d e n t i a l a n d c o m m e r c i a l u s e s & wo r k f o r c e d e ve l o p m e n t .Source: Esri, 2018 | Greenstreet, Ltd
C O N N E C T I N G WAT E R TO C O M M U N I T Y # t h e p owe ro f p a r t n e r s h i p s
R E S I D E N T I A L T R E N D SL E A D E R S H I P O P P O R T U N I T Y F O R H E A LT H I E R C O M M U N I T I E S
$50.00
$60.00
$70.00
$80.00
$90.00
$100.00
$110.00
$120.00
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018YTD
Median Home Value per Sq. Ft.
$50.00
$60.00
$70.00
$80.00
$90.00
$100.00
$110.00
$120.00
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018YTD
Median Home Value per Sq. Ft.
46205 County
R AP ID LY INCREAS ING HOME VALUESW i t h i n t h e 4 6 2 0 5 z i p c o d e , m e d i a n h o m e va l u e s p e r s q u a r e f o o t h a ve t r e n d e d u pwa r d s s i n c e 2 0 1 3 , n e a r l y 2 5 % h i g h e r t h a n t h e c o u n t y a ve r a ge t h r o u g h t h e f i r s t p a r t o f 2 0 1 8 .
Source: Zillow- Median Home Value Per Sq. Ft., 2018
59% 14% 13% 6% 8%0%
10%
20%
30%
40%
50%
60%
70%
<$34,999 $35,000-$49,999 $50,000-$74,999 $75,000-$99,9999 $100,000-$200,000+
Total Share of Households by Income 2017 and 2022
2017 2022
P R ES ERV ING AFFORDAB I L I TYA s r e s i d e n t i a l m a r k e t p r e s s u r e s c o n t i n u e t o g e n e r a t e i n c r e a s e d i n v e s t m e n t , p r o p e r t y t a x e s , a n d h o u s i n g c o m p e t i t i o n , t h e n u m b e r o f a v a i l a b l e h o u s i n g o p t i o n s t h a t h a v e h i s t o r i c a l l y b e e n a f f o r d a b l e t o l o w a n d m o d e r a t e i n c o m e h o u s e h o l d s c a n d e c l i n e d r a m a t i c a l l y .
N o w i s t h e t i m e t o s h i f t s o m e o f t h e f o c u s t o p r e s e r v i n g a f f o r d a b i l i t y w h i l e c o n t i n u i n g i n v e s t m e n t a l o n g t h e w a t e r w a y .
Source: Esri, 2018 | Greenstreet, Ltd
0%
5%
10%
15%
20%
25%
30%
35%
40%
2010 2011 2012 2013 2014 2015
Vacant Housing Units as % of Total Units
Marion Co University Heights Mapleton / Fall Creek
Irvington Meridian Kessler Near Northside
D EC L IN ING RES IDENT IA L VACANCYW h e n c o m p a r e d t o t h e c o u n t y, a n d s e ve r a l n e i g h b o r h o o d s ex p e r i e n c i n g s i m i l a r r e s i d e n t i a l r e i n ve s t m e n t , M F C h a s s e e n t h e l a r ge s t r e d u c t i o n i n va c a n t h o u s i n g u n i t s a s a p e r c e n t a ge o f t o t a l u n i t s , s u g ge s t i n g i n c r e a s i n g r e s i d e n t i a l d e m a n d s i n c e a t l e a s t 2 0 1 0 .
Source: SAVI, 2018 | Greenstreet, Ltd
0
0.2
0.4
0.6
0.8
1
1.2
1.4
2010 2011 2012 2013 2014 2015
Demolition Orders per 100 Housing Units
Marion Co University Heights Mapleton / Fall Creek
Irvington Meridian Kessler Near Northside
A S TABAL I Z ED HOUS ING MARKETM F C h a s s e e n a s i g n i f i c a n t d e c l i n e i n d e m o l i t i o n o r d e r s p e r 1 0 0 h o u s i n g u n i t s s i n c e 2 0 1 0 .
T h i s i s a s i g n o f a n i n c r e a s i n g l y s t a b i l i z e d n e i g h b o r h o o d a s p a r t n e r r e s o u r c e s a r e l e ve r a ge d t o i m p ro ve q u a l i t y o f l i f e .
Source: SAVI, 2018 | Greenstreet, Ltd
Mission: Connecting neighborhood partners to help, serve, revitalize, stimulate, and invest resources to rebuild an affordable, safe and vital community.Contact:
Leigh Riley Evans3190 N Meridian StreetIndianapolis, IN 46208
MAPLETON-FALL CREEK
Phone: 317/923-5514 Fax: 317/[email protected]