New Albany firm to develop Cabela's site

January 17, 2008
Property near the Cabela's outdoor store under construction in Greenwood will be developed with a cinema, grocery store, restaurants and other shops.

Lopp Properties, a developer based in the southern Indiana city of New Albany, signed a contract recently for rights to build on the 100-acre property, according to the Daily Journal of Franklin. The site is at the southeast quadrant of Interstate 65 and County Line Road.

When the 125,000-square-foot Cabela's opens later this year, it will be accompanied by a Splash Universe water park on nearly six acres nearby.

Excluding a catch pond for rainwater runoff, Lopp will have 60 acres available to develop.

Other developers are planning about 600 hotel rooms at the intersection.
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