Indianapolis-based developer Midland Atlantic Properties has landed a trifecta of high-profile, fast-casual restaurant tenants for its new retail development in Greenfield at the intersection of I-70 and State Road 9: Chipotle, Panera and Chick-fil-A.
Construction already has begun on the project, to be dubbed The Greenfield Market, with a street address of 2203 N. State St., Midland managing principal Aaron Boyle told IBJ on Monday. The restaurants are expected to open between July and September 2022.
Each restaurant will be a freestanding building with drive-thru or pick-up lane options. Chick-fil-A will anchor the project on the north end of the property with a 4,978-square-foot store. Panera Bread will be opening a 3,500-square-foot cafe, and Chipotle will be located on the south end of the development in a 2,616-square-foot restaurant.
Midland will own all three properties, Boyle said. The restaurants will be run by their respective companies.
The Greenfield Market will be located along the high-traffic State Street (State Road 9) corridor packed with retail options, but it will have high-visibility due to its position fronting a larger complex anchored by a Kohl’s and a Home Depot.
Midland acquired the 3.35-acre property for the development in November from private individuals it declined to name. Boyle also declined to disclose the purchase price for the land and the cost of the project.