updated: 2/12/2013 7:45:50 AM

Groundbreaking Set For $85 Million Project

InsideINdianaBusiness.com Report

 Mayor's Office Spokesman Marc Lotter says Block 400 is part of a broader plan for downtown.

Indianapolis Mayor Greg Ballard will take part in a groundbreaking this morning for an $85 million downtown development. Block 400 includes retail space, parking garages and nearly 500 apartments. A Marsh supermarket will anchor the development, which will connect the OneAmerica and IUPUI campuses.

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February 11, 2013

News Release

Indianapolis, Ind. -- Mayor Greg Ballard will be joined by Marsh Supermarkets Chairman, CEO and President Tom O’Boyle and Flaherty & Collins Properties CEO David Flaherty for the groundbreaking of the new mixed-use development on the Near North side of Downtown Indianapolis.

The $85 million “Block 400” project features two mixed-use buildings that will include ground-floor retail, 487 apartments, a 40,000-square-foot urban prototype Marsh Supermarket and parking garages featuring more than 1,500 spaces.

WHO: Mayor Greg Ballard; Marsh Supermarkets Chairman, CEO and President Tom O’Boyle; Flaherty & Collins Properties CEO David Flaherty

WHAT: Groundbreaking for Major Downtown Mixed-Use Development

WHERE: Southwest corner of Senate and Vermont streets
Indianapolis, IN

WHEN: Tuesday, February 12, 2013
9:30 a.m.

Source: Office of Indianapolis Mayor Greg Ballard

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