One of the companies promoting Hamilton County's Saxony is also leasing a new town center project in Bloomington. 
The 575-acre development would sit northwest of the intersection
of State Road 37 and State Road 46. The project, by South Carolina-based Kahn Development East, would include 700,000 square
feet of retail space, along with residential and office space. It’s dubbed North Park Town Center. A pamphlet from Indianapolis-based
Situs Realty Corp., which is leasing the project, touts a trade area serving 345,000 people with an average household income
of $51,000.
The 575-acre development would sit northwest of the intersection
of State Road 37 and State Road 46. The project, by South Carolina-based Kahn Development East, would include 700,000 square
feet of retail space, along with residential and office space. It’s dubbed North Park Town Center. A pamphlet from Indianapolis-based
Situs Realty Corp., which is leasing the project, touts a trade area serving 345,000 people with an average household income
of $51,000.
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***does anyone have more insight into it? i'm surprised i hadn't heard of it before....
More crappy automotive suburban sprawl, at no benefit for existing residents
and financed on their backs (the infrastructure, etc. for North Park was provided
via a bond on property taxes that the Monroe County Redevelopment Commission
authorized).
Who's getting rich off this scam? Don't answer, that's a rhetorical question.