Downtown Indy to Detail $1.3B in Projects
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDowntown Indy will detail nearly 60 developments Wednesday expected to be complete by 2017. The organization says the efforts represent a total investment of more than $1.3 billion. Downtown Indy has released the following details on the updated list:
–New residential and mixed-use developments make up $714 million, or 53 percent of the total. Highlights include 360 Market Square, Lockerbie Lofts and Circa Phase II.
–$503 Million is projected to be spent in commercial development, accounting for 37.5 percent of the total. Highlights include: Milhaus Headquarters in Fletcher Place, Loftus Robinson’s renovation of the long-vacant J.F. Wild building and Cummins Global Distribution Business Headquarters in Market East.
–Living Amenities: YMCA at CityWay, Downtown Transit Center and a new Whole Foods as part of 360 Market Square.
The organization will discuss the projects Wednesday at 10:00 a.m. at the Chase Tower in downtown Indianapolis.
Source: Downtown Indy