Wednesday, November 18, 2009
Cultural Trail $13 Million Short
The costs of Indianapolis' downtown cultural trail have skyrocketed, now approaching $55 million. Over $28 million of the costs have been absorbed by private donations, including a $15 million donation from Gene and Marilyn Glick. A federal transportation grant has provided another $14.4 million of the funding to date. Another $13 million, however, is needed to complete the project as envisioned in time for the Super Bowl in 2012 according to a WRTV report. As a downtown resident, I enjoy the benefits that the cultural trail brings to my neighborhood, but it does seem a bit extravagant. I know some businesses along Mass Avenue are extremely upset at the disruption of traffic the drawn-out project has caused and the resulting loss of business. It will be a great boon to them when it's completed, if they can survive that long. The amenities it offers are very nice, but the cost of maintaining it once it is completed could prove problematic in future years.