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Indianapolis Studio Apartments including Downtown Efficiency Apartments, One Bedroom, Lofts, Flats, IN Condos, and Apartments near Wholesale District

Fountain Square

Fountain Square Information

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Fountain Square is a neighborhood on the southeast side of the city located approximately 1.5 miles (2.4 km) from downtown and centered at the intersection of Virginia Avenue and Shelby Street. A center of commerce for more than 100 years, the historic community is undergoing a period of rebirth and restoration, and is emerging as an ethnic and arts center in the city. In the nineteenth century, the area was a huge working apple orchard. As the city population swelled, the apple trees were cut down and houses were built. The neighborhood was economically strong for many decades, but had suffered from a high unemployment rate and increasing crime and drug problems. In the 1970s, the state of Indiana built the I-65 interstate through Indianapolis, severing Fountain Square from the city proper, resulting in a period of decline. There is an effort underway, to reconfigure I-65 and I-70, which offers hope to many, that Fountain Square will rejoin the downtown area. Currently, there are a number of neighborhood development corporations and community groups working to revitalize the area with increasing success.