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South Bend Redevelopment Commission <br />Regular Meeting - April 16, 1993 <br />6. NEW BUSINESS (Cont.) <br />c. continued... <br />purposes: the Rum Village Industrial District, <br />the Studebaker Corridor, the Indiana - Sample <br />Industrial Corridor, Rum Village Neighborhood, <br />and the Southeast Neighborhood. <br />Mr. Magliozzi pointed out that the Southeast <br />Neighborhood and the Rum Village <br />Neighborhood are tY.e oldest neighborhoods in <br />South Bend. They originally housed the <br />employees of the businesses located in the large <br />industrial areas. The commercial areas along <br />Indiana Avenue and Main and Michigan Streets <br />developed logically between the workers homes <br />and employment. With the demise of Oliver <br />Chilled Plow, Studebaker, and White Farm, the <br />neighborhoods declined dramatically, especially <br />the Southeast Neighborhood. There has been a <br />significant drop in the number of housing units <br />as well as in the value of the housing. With the <br />decline in the neighborhoods, the commercial <br />area also declined. There are many abandoned <br />or under - utilized industrial buildings in the <br />Studebaker Corridor and the Rum Village <br />Industrial Park has never fully developed to its <br />potential because of unstable soil. <br />Mr. Magliozzi noted that there are several <br />impediments to development in these areas: 1) <br />large vacant, abandoned buildings in the <br />Studebaker Corridor which must be torn down; <br />2) the muck in the Rum Village Industrial Park <br />which must be removed to make that land <br />usable; 3) accelerated neighborhood decline in <br />the Southeast Neighborhood; 4) the beginning of <br />deterioration in the Rum Village Neighborhood <br />which needs to be stopped; and 5) the <br />-5- <br />