Mainstreet plans 24 more Indiana senior care facilities

Back to TopCommentsE-mailPrintBookmark and Share

While its competitors are asking lawmakers to put the brakes on its rapid building, Mainstreet Property Group is instead pressing the accelerator on its plans to erect more high-end nursing homes around Indiana.

The Carmel-based developer announced Friday morning that it will open seven more facilities for Hoosier seniors this year and another 17 on top of that in the next two years. Those facilities, in total, would create 3,000 permanent jobs for Hoosiers.

If they’re allowed to be built.

The Indiana General Assembly is mulling a five-year moratorium on the construction of skilled nursing facilities, which if passed would prevent Mainstreet from building any new facilities not already begun by June 30. That legislation, known as Senate Bill 173, has passed the Indiana Senate and now awaits a hearing in the Indiana House.

Zeke Turner, CEO of Mainstreet, said that if Indiana enacts a construction moratorium, Mainstreet will simply build more facilities in other states. The company has existing facilities in eight states and is working to expand in six more.

“Where many see uncertainty in the changing health care landscape, we see opportunity to design, build and offer a model that appeals to the consumer – one focusing on comfort, dignity and privacy,” said Turner in a prepared statement.

The promise of 3,000 jobs in the middle of the legislative debate is designed to help Mainstreet’s cause politically.

Mainstreet alarmed older nursing home companies by developing 10 new facilities in the past five years—and breaking an unwritten rule of the industry by building in competitors’ backyards.

“There’s significant opportunity for those who can bring innovation to the tired, existing models of health care,” said Turner in the statement.

That prompted the Indiana Health Care Association and other long-term care groups to call for a ban on new construction. The nursing homes groups say Mainstreet’s developments have contributed to a building war, which has led to falling occupancy rates in nursing homes around the state.

“If someone does go out of business—and that’s a real concern—then you have an access problem,” Scott Tittle, president of the Indiana Health Care Association, told IBJ in January. “Let’s hit the pause button and allow the market to stabilize.”

Mainstreet is part of a coalition of construction companies and a couple of nursing home operators that oppose the ban.

The long-term care facilities Mainstreet develops take few or no Medicaid patients. The Medicaid program in Indiana is funded one-third by state taxes and two-thirds by federal taxes.

In 2014, Mainstreet has already opened one new facility, in Indianapolis’ Castleton area. This month, it will open another Indianapolis facility, at 16th and Arlington streets. Later this year it will open facilities in Kokomo, South Bend, Terre Haute, Lafayette and one more in Indianapolis.

Next year, Mainstreet plans to open facilities in Carmel, Dyer, Bloomington, Crown Point and other communities.


  • Who is it a win for?
    This is somewhat troubling to me. Granted they may add 3,000 jobs in Indiana but I ask if the result is shutting down facilities that do take Medicaid patients is this a net gain for Indiana? Are we not losing 3,000 jobs from other facilities? In other words are we not simply causing layoffs and closings at the other facilities in the state? Further buy siphoning off the non-medicaid patients are we not ensuring the cost of those facilities will either rise or they will close and their will be a shortage of or no Medicaid facilities available? It was also stated that Mainstreet is part of a coalition of construction companies and a couple of nursing home operators that oppose the ban. Who are the other one or two who oppose the moratorium on construction. Obviously the construction companies are going to be against the proposed moratorium. Who else?
  • It's coming: House of Cards
    How did they get started? What led them (or what pay-to-play players led them) into crusading into reaping Medicaid and DCS dollars off their family owned call center. Dig deeper and let's demand accountability for their fortunes. Why go public in Cananda... Hiding something...This family is way to involved over the last years with Governor's...Ponder that...
  • Census?
    Is Mainstreet willing to report on the occupancy of these unproven ghost town resorts? I'll bet that would make a good story. I'll also bet they are all eleventy-billion percent full. Not.
  • sounds good
    My guess is the only people complaining are the ones who run the older facilities in the same markets this group is expanding into. They take the risk and provide Indiana residents with more options and updated facilities. Ultimately the market will dictate if there is a need for more and newer facilities. Having options seems like a good idea to me.
  • You have to be kidding me
    A news conference??? 24 more buildings?? What a joke. These job #'s and economic impact numbers are as inflated as their egos. These supposed "resorts" are NOT good for our state. The only job creation is temporary construction jobs--these facilities mostly just hire people from existing nursing homes. If they could actually build what they say they want to build it will result in more LOST jobs than NEW ones over the next several years. Let them wait 5 years and let's see where things are then... They can waste their Canadian investors' money on dragging other states down.

    Post a comment to this story

    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
    You are legally responsible for what you post and your anonymity is not guaranteed.
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
    Subscribe to IBJ
    1. The Affordable Care Act is not the reason for the slow recovery and lack of high paying jobs for low skill workers. This is a trend that has been going since the early 80's. The recovery is real in the sense that GDP has been growing steadily at a rate of roughly 2.5% since the recession ended in late 2009 (newsflash, the stimulus worked) and the unemployment has been steadily dropping. The reason issue we are facing deals with a skills gap (not enough workers with the right credentials / experience) and wage stagnation due to corporate America being focused solely on maximizing profits for shareholders and not caring about the American middle class. Why should they? Multi-billion dollar mutlinational companies keep offshoring their profits in order to avoid paying taxes (which makes our deficit worse) they convince Americans to fight amongst themselves. If you want to create jobs and reduce the deficit, raise the minimum wage and change corporate tax laws. Of course, if you want to continue to belive that tax cuts for wealthy create jobs (which they don't) and allow corporations and the wealthy to continue to make you cover more and more of the costs of maintaining infrastructure, funding the military and other government services, then keep voting Republican. Hopefully someday you wake up and realize what's been going on since Reagan took office.

    2. Helloooooo, my name is Kate. I am so joyous to share this wonderful testimony about what Dr. Osoijiakhena, a great spell caster, did for me and my family. I wedded a year and 6 months ago, we were very happy during this whole period, i really love my husband so so much. I started noticing changes when he started coming home late at night, he stop paying attention to me, i later found out that he was having an affair with another lady, i dont know what she did to get to him but she really got a hold on him. He started spending weekends with her, and threaten for divorce. I was so heart broken and devastated, i spent many night thinking on how to get my husband back. A friend took it upon herself to to introduce me to one Dr. Osoijiakhena, a great spell caster, who once helped her with a spell that reunited her family and helped her husband secure a very prolific job. Though i had my doubts and never believed, but i decided to give it a try because i was helpless. I contacted Dr. Osoijiakhena, the Spell caster, to help me reunite my family by bringing back my husband from that other woman and break whatever hold she had on him. He only just told me that it's a minor issue, once i provide and do everything he will ask me to do, then i will have my family back again. I did everything he required. And he did it!!!!! My husband returned back to me and pleaded for forgiveness, and i also secured a well paid job in a big company, just as the great spell caster, Dr. Osoijiakhena said. I am so so happy to share my testimony on this wall. I am using this medium to tell every one that has same or similar problem to try the great Dr. Osoijiakhena through his mail: drosoijiakhenaspell@gmail.com......he is so real!!!!! He can also help you with: (1) IF YOU WANT YOUR EX GIRL/BOYFRIEND TO RETURN BACK TO YOU (2) IF YOU WANT YOUR HUSBAND/WIFE BACK (3) IF YOU WANT TO BE PROMOTED IN YOUR OFFICE (4) IF YOU WANT YOUR MAN OR WOMAN TO LOVE YOU (5) IF YOU WANT A CHILD (BARREN) (6) IF YOU WANT TO BE RICH/WEALTHY (7) IF YOU WANT YOUR HUSBAND/WIFE TO BE YOURS FOREVER (8) IF YOU'VE BEEN SCAMMED AND WANT YOUR MONEY BACK (9) IF YOU ARE HAVING DELAY IN GETTING MARRIED (10) IF YOU HAVE A COURT CASE AND WANT TO WIN (11) IF YOU'RE A DRUG ADDICT AND YOU WANT TO REALLY STOP (12) IF YOU CANNOT IMPREGNATE A WOMAN (STERILE) (13) ALL TYPES OF DISEASES I advise you to contact the great Dr. Osoijiakhena, the spiritualist for solutions via his email: drosoijiakhenaspell@gmail.com

    3. Sergeant McNally is buried in Cathcart Cemetery on a hill known as McNally%u2019 Hill. The Cemetery is in a natural bushland setting and is very well maintained.The emergency department at Ararat Hospital is known as the John McNally Emergency Department. Cathcart is approx. 4.6 km from Ararat and is approx. 345 m above sea level.

    4. My spring chicken of a Mom is turning 75 years young. She is a big fan of Frankie and I think she would get a big kick out of the film. I wanted to take her to the Broadway play but am priced out. Thanks for your time and consideration. Oh yea, Wildwood! Joie

    5. I thought this company would go bankrupt in 2013/2014. I predicted that four years ago. I was wrong. It will take another couple of years, but they will get there.