Council OKs Plainfield Mixed-Use Development

Posted: Updated:
(image courtesy of Rebar Development) (image courtesy of Rebar Development)
PLAINFIELD -

The Plainfield Town Council has approved plans for a $21 million mixed-use development in downtown Plainfield. East and Main Flats would include a four-story building with 117 apartments, up to 7,000 square feet of commercial space and a 150-space parking lot.

The project is being developed by Fishers-based Rebar Development and Carmel-based Hagemen Group, in conjunction with the town of Plainfield. It is the first project to move forward under the town's Conceptual Downtown Redevelopment Plan.

"East and Main Flats really is a great first step in the redevelopment of downtown Plainfield," said Plainfield Town Council President Robin Brandgard. "We have a very thorough master plan for this area and this project meets the specific needs, including dense housing in the town center and additional commercial space."

Council member Dan Bridget calls the development a "big first step" in what will be a 20-year redevelopment plan for downtown Plainfield. The approval from the council allows the developers to move forward with the architectural design of the building.

"Projects like East and Main Flats act as a catalyst for redeveloping downtowns, because they help attract and retain talented professionals to the area," said Shelby Bowen, president of Rebar Development. "In our experience, these types of projects have a tangible positive economic impact to the downtown and community as whole."

Construction on the project is expected to begin in the spring of 2019.

  • Perspectives

    • What’s Your Biggest Waste of Money?

      Americans are in the age of reducing waste. There’s a big push to purchase sustainable products, reduce our usage of plastics, and recycle. But has this trend carried over to our personal finances?  Not really.  In a study by The Ascent, the financial expertise arm of The Motley Fool, more than 60 percent of respondents felt they have wasteful financial tendencies. Why is that?

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • POET ethanol co. announced in Aug 2019 it was closing the plant in Cloverdale. (photo courtesy: POET)

      Cloverdale Ethanol Plant Closes

      South Dakota-based POET LLC, the nation’s largest biofuels producer, is moving forward with a plan to shut down its biorefining plant in Cloverdale, leaving 50 Hoosiers without jobs effective Friday. The company tells Inside INdiana Business that it is not making any changes to the plans announced two months ago. 

    • (IIB Photo/Joe Ulery)

      Neighborhood Concerned About Old GM Site, Too

      As the city of Indianapolis and Ambrose Property Group squabble about the future of the old GM Stamping plant site in downtown Indy, a fight that could end up in court, residents who live near the property are weighing in with their concerns. Jay Napoleon, president of The Valley Neighborhood Association, says it’s important the mixed-use vision for the property remain intact. Napoleon and Ambrose Property Group Vice President Mali Simone Jeffers talked about the future of...

    • (Image of downtown Shelbyville courtesy of Mainstreet Shelbyville Inc.)

      Shelbyville Unveils Major Downtown Redevelopment

      The city of Shelbyville is announcing what it calls a major downtown redevelopment project to boost overall quality of life. The project plans feature green spaces, increased parking, market-rate housing, and infrastructure for public entertainment and community events. 

    • What’s Your Biggest Waste of Money?

      Americans are in the age of reducing waste. There’s a big push to purchase sustainable products, reduce our usage of plastics, and recycle. But has this trend carried over to our personal finances?  Not really.  In a study by The Ascent, the financial expertise arm of The Motley Fool, more than 60 percent of respondents felt they have wasteful financial tendencies. Why is that?

    • The IU School of Informatics, Computing and Engineering will now be named for Fred Luddy for his $60M gift. (photo courtesy James Brosher/IU)

      $60M Gift to Fund AI Center

      An Indiana University alumnus who founded the information technology firm, ServiceNow, has given his alma mater $60 million to establish an artificial intelligence center. The university says the gift from cloud-computing pioneer Fred Luddy is the second largest in the history of the IU.