Ambrose Responds to Eminent Domain Threat

Posted: Updated:
(WISH-TV Photo) (WISH-TV Photo)

A Chicago-based law firm representing Ambrose Property Group LLC in Indianapolis is threatening legal action against the city of Indianapolis for its threat to seize by eminent domain the former GM Stamping Plant property.

Late last month, Ambrose announced it was pulling out of the $1.4 billion Waterside project, saying it had a shift in its business focus which did not include the redevelopment. Following that announcement, the city said it was within its rights to seize the property.

City leaders sent a letter to Ambrose Property Group stating if they don’t come to the table and negotiate, the city could take them to court.

“We would actually have control over that site so that if Ambrose Property Group sold it to another developer that they couldn’t just hang on to it for, you know, 20 years, if it’s in our hands then we can actually control that redevelopment,” Emily Mack, the director of Indianapolis Department of Metropolitan Development, told our partners at WISH-TV.

Mack said that would allow the city to seize the private property for public use in exchange for fair payment or compensation

In a letter dated October 10, Quinn Emanual law firm said the city has disparaged Ambrose’s reputation. Further, the letter states the city has made Ambrose’s process impossible to find another buyer for the property.

“Ambrose has suffered significant damages and intends to seek all just and appropriate relief to protect its rights and seek financial compensation for its losses,” said Ambrose attorneys in a statement.

When the Waterside project was first announced, Ambrose Property Group said it envisioned turning the 100-acre industrial site into a mixed-use development, including housing, hotels and 3 million square feet of retail space.

Quinn Emanual says by threating eminent domain, the city has “breached its contractual promise” not to seize any portion of the property.

Ambrose says it is still willing to discuss with the city the best path forward for the project. But the company’s attorneys say “the City will need to publicly correct its false and misleading statements that it has the power to take the property…”

Inside Indiana Business has not heard from the city regarding the letter.

  • Perspectives

    • Digital Personas: Getting to a Segment of One

      Creating a digital persona means using data, machine learning and networked devices so a business can tailor messages and experiences to specific kinds of buyers and users. It sounds like a marketing unicorn, but it’s closer than you might suspect, thanks to the potential of digital personas. The ultimate goal of a digital persona is to achieve the marketer’s dream: a segment of one.



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


  • Most Popular Stories

    • DePauw University ranked No. 20 on list of Best "Colleges"

      Small Indiana Colleges Rank High Nationally

      Indiana has two institutions of higher learning, with intentionally small enrollments, that rank in the top 30 in the nation for an overall experience.  The personal finance website, WalletHub, conducted a survey of what it calls the 2020 Best College Ranking. 

    • (photo courtesy of Indianapolis International Airport)

      Indy Airport Showcases New Retail Offerings

      Indianapolis International Airport is celebrating the opening of the first wave of new retail offerings. The new stores are part of the airport's multi-year Concessions Refresh initiative, which aims to bring a greater mix of nationally-known brands, such as FAO Schwarz and Vineyard Vines, with more local offerings, including Natalie's Candy Jar and Fountain Square Market. In all, nine new retail stores opened Tuesday morning. In an interview with Inside INdiana Business...

    • Transpo is South Bend's municipal bus system. (photo courtesy of Transpo)

      South Bend Launches Free Fare Program

      The city of South Bend has launched a new initiative to help a select number of residents who don’t have reliable and easy access to transportation get to work. The program is called Commuters Trust. 

    • Photo provided

      Stone City Products Invests $2 Million in Expansion

      Bedford-based manufacturer Stone City Products is expanding. The $2 million, 30,000-square-foot project could result in a weekend shift, adding jobs as product lines increase. 

    • 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.