During the recent Speedway Board of Zoning Appeals meeting on April 2, 2025, community members voiced strong concerns regarding a proposed parking lot that would replace a historic home in Old Speedway. The discussions highlighted the tension between development needs and the preservation of the town's character.

Dakota Faulkner, a local resident, expressed her discontent with the plan to demolish the historic property for parking. She emphasized that the property’s new owner was aware of the parking limitations on Main Street prior to purchase, suggesting a lack of foresight in their decision. Faulkner lamented the removal of trees and the aesthetic impact of the proposed parking lot, arguing that it detracts from the neighborhood's charm. She advocated for businesses that prioritize serving local residents, noting that there are alternative locations along Main Street that could better accommodate parking without sacrificing historic structures.

Calvin Wynne, the Indianapolis and Marion County Preservation Coordinator at Indiana Landmarks, also spoke at the meeting, reinforcing the community's concerns from a preservationist perspective. He highlighted the importance of maintaining Speedway's historic homes and urged the board to reconsider the implications of demolishing such properties for commercial development.

The meeting underscored a broader conversation about balancing growth and preservation in Speedway. As the town grapples with housing shortages and the need for commercial spaces, the voices of residents reflect a desire to maintain the community's historical integrity while accommodating necessary development. The board's decision on the parking lot proposal will likely have lasting effects on the character of Old Speedway and the relationship between local businesses and residents.