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1 <br />1 <br />i <br />As would be expected, both housing values and household incomes fell during <br />those 20 years. As various measures of inflation would indicate, neither values nor <br />incomes kept pace with inflation. The figures for the subject area indicate that even <br />relative to the city as a whole, the neighborhood lost ground. It should be noted that <br />this was a period in which most new housing in St. Joseph County was constructed <br />outside the City. Therefore, a decline relative to the City, which itself declined, <br />indicates a substantial reduction in the economic status of the subject area. <br />G. STRUCTURES <br />The deterioration and loss of physical structures is quite apparent throughout <br />the Sample -Ewing Development Area. The most notable example is the loss of <br />residential units in the Southeast Neighborhood sub -area where the number of housing <br />units declined from 2860 in 1960 to 1615 in 1990, just short of 50 %. With regard to <br />the commercial /industrial properties, vacancy rates range from 16% on the Michigan <br />Street commercial corridor to 32.8% on the Indiana Street commercial corridor, and <br />22% on the Sample Street industrial corridor. <br />H. PUBLIC INSTITUTIONS, FACILITIES, & RECREATIONAL AREAS <br />The Sample -Ewing Development Area has several major institutional and <br />educational facilities that offer both a challenge and opportunity for the redevelopment <br />and revitalization plan. The two major educational facilities in the area are Riley <br />High School and the Indiana Vocational Technical College (IVY Tech). Decisions <br />concerning the future location of both facilities will have a major impact on the plan <br />for the Sample -Ewing Development Area. IVY Tech, located in the former <br />Washington High School on Sample Street, and Riley High School, located on Ewing <br />Avenue in the Southeast Neighborhood, can play a significant role in the <br />revitalization, preservation and redevelopment of the area. <br />Both physical facilities no longer meet the needs of their students, faculty <br />administrators, or community. However, with a combined total public investment of <br />approximately $76,000,000, every effort must be made to accommodate these two <br />educational facilities within the Sample -Ewing Development Area. Each facility could <br />generate enormous positive spin -off for the surrounding areas. The loss of either one <br />would be a major setback for the development area. Both the high school and <br />technical /vocational college will require approximately 25 -30 acres of land each for <br />development. In addition to these two major educational facilities, the Sample -Ewing <br />Development Area is also the location for the South Bend Community School <br />Corporation's administration and education center (located in the Studebaker Corridor <br />sub -area of the Sample -Ewing Development Area). The former, and now vacant, <br />Oliver Elementary School, located in the Rum Village Neighborhood, offers some <br />562 <br />12/17/93 <br />