TERRE HAUTE, Ind. (WTHI) – The table is nearly set for development along Terre Haute’s 13th Street corridor.
Now, the city’s mayor hopes developers will “eat up” the property that’s available.
The cleanup at the former Coke and Carbon plant at 13th and Hulman is nearly complete. 40 of the 60 acres have undergone a major environmental overhaul.
This lot is the largest open space in the city – prime for development.
Mayor Duke Bennett says it will be a catalyst for development along the 13th Street corridor.
“Until you get that cleaned up, you can’t even begin these discussions. It’s just been exciting to see there’s interest down there, and I’m sure over the next few years you’ll begin to see things pop up,” Bennett said.
Not only are potential developers showing interests at 13th and Hulman, they’re showing interest on even the several vacant lots along the corridor.
One Terre Haute businessman has already taken the plunge.
Andy Stadler relocated his tax preparation office to the corner of 13th and Margaret.
“Currently, it’s a $2 million investment,” said Stadler. “Our office space has about 7000 square feet, so it’s one of the largest accounting offices in the city. We also have five rental units.”
Stadler has plans to sink another $1 million adding a new building to the north of this facility.
Why locate here? Traffic.
13th street, which blends to Canal Road, is four lanes. Margaret Avenue soon will be a five lane street. So the area will not only see an increase in traffic, but it’s local traffic.
“Just a lot of traffic, a lot of folks from our community that live here will be traveling through this area,” Stadler added.
Jones and Sons and the Hydrite Chemical Company have also expanded their respective businesses along the 13th Street corridor.