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City partners with MU to study Market Street redevelopment

By the WPD STAFF

Manchester University students are studying the Market Street corridor and the possible redevelopment options for that portion of downtown Wabash.

The study will focus on the area of East Market Street between S. Huntington and S. Allen streets, according to a description of the study offered by the Wabash Business Alliance, which is partnering with the university and City of Wabash for the analysis.

“We’ve formed a great partnership with Manchester University and I am thrilled that we were able to build yet another bridge between the university, their students and our communities,” said Keith Gillenwater, president and CEO of the Wabash Business Alliance.

Manchester University political science professor and Dean of the College of Education and Social Sciences Leonard Williams will oversee the study with his public policy class. Results are expected before the end of the spring semester in May, the Wabash Business Alliance said.

The study will consider the corridor’s current use and ask four main questions:

How might redevelopment be financed?

What opportunities are there for public-private partnerships?

What would be the effects of redevelopment on residents, businesses and the city?

What additional factors should be taken into consideration?

Over the course of the study, students will interview residents, entrepreneurs, public officials and nonprofit leaders as well as review housing and economic data, according a description of the study.

The results will be shared with the Wabash Business Alliance and Mayor Scott Long.