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by R. Earl Peters
State FHA Director
Indianapolis News Jan. 27, 1940
Marcy Village Construction
and Arrangement Lauded by Peters
The Marcy Village large-scale housing project,
embracing nineteen buildings with 272 apartment units, is the
first FHA project of its type completed in Indiana.
The buildings are appropriately distributed
over the twenty-five-acre tract and the federal housing administration
compliments the sponsors for the excellent construction and arrangement
represented in the several buildings. Experts representing the
FHA have co-operated with the sponsors in respect to land planning,
architecture, materials and equipment and it is our belief that
the Marcy Village project will be highly successful, both from
the standpoint of economic soundness and excellent housing at
reasonable cost for a large number of Indianapolis families.
Aside from the dwelling units, there are
five store buildings for the accommodation of those who live
within the village, and, when weather conditions permit completion
of the landscaping, Marcy Village may well be one of the outstanding
show places of the metropolitan area of Indianapolis. The FHA
has a sense of pride in the fact that the government has co-operated
with the sponsors and lender in giving to Indianapolis what we
believe to be one of the outstanding large scale housing operations
in the country.
Marcy Village, which represents an expenditure
of approximately $1,690,000 is an accomplishment under section
207 of the National Housing Act. Under that section, acceptable
sponsors mat borrow from some private lending institution approved
by the government any amount up to $5,000,000, at an interest
rate not to exceed 4 per cent., for terms to be approved by the
administer and which in some instances run as long as thirty0three
years, for the construction of apartment buildings or groups
of single-family buildings.
Marcy Village is the ninety project completed
in Indiana under that plan.
Indianapolis's outstanding residential
project, Marcy Village, an ultra-modern apartment community at
1435 East Forty-sixth street, has been opened for occupancy.
It is one of the largest developments of its type in Indiana
and a leader in the Middle West, the buildings covering sixteen
acres, besides approximately ten additional acres of lawns and
playgrounds.
The community project consists of nineteen
buildings having a total of 272 apartment units. A private enterprise,
Marcy Village was planned only after thorough research and as
a result combines many modern building methods.
Everett A. Carson, Indianapolis contractor,
planned the project as a self-contained community with exceptional
dwelling accommodations at reasonable rentals.
Of the 272 apartments, sixty-four are three-room
apartments, thirty-two are three and one-half room suites, 108
are four-room apartments, and sixty-eight are five-room apartments.
The room total is 1,076.
Colonial architecture has dominated the
design of the nineteen buildings of the project. There are modern
shops consisting of five storerooms, which will be occupied by
a drug store, grocery, barber shop, beauty shop, dentists' and
doctors offices, for the convenience of tenants.
60 Per Cent. Rented, Report
Rental managing firm for Marcy Village is the H. H. Woodsmall
Agency, Inc., of which H. H. Woodsmall is president, and J. Allen
Dawson, treasurer and property manager. The latter assisted Carson
in the promotion of the project and today announced that more
that 60 per cent. of the apartments in the Village have been
rented. He added that the Village will be entirely completed
by April 1.
The ample wall space in the individual
rooms invites varied and artistic picture and furniture arrangement.
There are large living rooms and commodious bedrooms with cross
ventilation, sound proofed and with generous sized windows.
Efficiency is the keynote of the kitchens,
which are all-electric. There are the modern electric range,
refrigerator, cabinets and incinerator.
Brick, tile, concrete, copper and an array
of lasting material went to make up the nineteen buildings. The
structures are fireproof, insulated and soundproof.
Among other features provided are stoker
controlled heating plants, multiple entryways, broad lawns, walks
and driveways.
Bathrooms, with tub and shower, join with
all the other equipment to make suites livable. Hardwood floors,
garages with overhead doors, basements with laundry facilities,
social rooms, and lighting fixtures of chaste design all add
their share to beautifying individual units.
Much attention has been given to the landscaping
of the ten-acre lawns and playgrounds. More than 150 new trees
are being transplanted and an abundance of shrubbery will be
planted throughout.
There are playgrounds for the children
and grownups, recreation rooms in the basements, badminton courts
and wading pools for the children.
Casron emphasized the fact that the project
will be practically free of smoke or smog. The nineteen colonial
buildings, he said, will be heated by eight central heating plants
equipped with modern stokers, thus eliminating the smoke nuisance
caused by hand-fires heating plants.
Stokers Reduce Heat
The combined stoker installations are capable of developing 600-horse
power, and tennants will enjoy the benefits of constant controlled
automatic heat, day and night, regardless of outside weather
conditions.
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