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j South Bend Redevelopment Commission <br />regular Meeting - February 4, 1994 <br />6. NEW BUSINESS (Cont.) <br />continued... <br />Mr. Magliozzi pointed out that this area is in <br />what was the historical industrial and <br />residential heart of South Bend. The <br />Southeast Neighborhood and the Rum Village <br />Neighborhood are among the oldest <br />neighborhoods in South Bend. They <br />originally housed the employees of the <br />businesses located in the large industrial <br />areas. The commercial areas along Indiana <br />Avenue and Main and Michigan Streets <br />developed logically between the workers' <br />homes and their employment. With the <br />demise of Oliver Chilled Plow, Studebaker, <br />and White Farm, the neighborhoods declined <br />dramatically, especially the Southeast <br />kvoi Neighborhood. There has been a significant <br />drop in the number of housing units as well <br />as in the value of the housing. <br />With the decline in the neighborhoods, the <br />commercial area also declined. There are <br />many abandoned or under - utilized industrial <br />buildings in the Studebaker Corridor and the <br />Rum Village Industrial Park has never fully <br />developed to its potential because of unstable <br />soil conditions in the area. <br />The transportation network in the area, <br />consisting of the major arterials <br />Michigan/Main Streets, Sample Street, <br />Ewing, and State Road 23, is a unifying <br />factor. It will be key to making this area <br />attractive for redevelopment. There is also <br />excellent railroad coverage in this area, <br />although much of it has been abandoned. <br />cvbw -10- <br />