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Indianapolis- Fountain Sq. - Outdoor Swimming pool, Club room, Business Center, Conference Room, Fitness Center, Basketball Court, Aerobics room, Billiard room, Walk-in Closets, Very nice apartment, Brand new building, High speed internet connections, DIRECTV, Personal intrusion alarm, Surround Sound Speakers, heat and hot water included in rent View More Listings -->
Fountain Square Information
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.