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Mixed-use development is needed in single use suburbia or it’ll fall apart like the house of cards it is. We should all welcome this.
That depends on how “mixed use” is defined. Heartland Crossing on Kentucky Ave. is mixed use, but its retail and residential components were completely separated in a traditional sprawl pattern.
I agree. I should’ve added that qualifier. We don’t know a lot yet.
Aaron R. I understand the point you’re making about Heartland Crossing but this project on the Northwest side of Indy is a different type of environment where something like this would do better and better retail and restaurant selections would be made. Location is important for projects like these.
Background:
This property was formerly owned by the Fred Ropkey family (Ropkey Printing).
It was acquired by Kite Real Estate 20 years ago as agent for Eli Lilly and Co.
One of the last large properties along 465 suitable for what was intended to be Lilly’s suburban campus.
Now they are apparently shifting their attention to Boone Co.
CMA, Do you recall how much Kite paid for the property? I seem to recall the amount was made public, somehow, and it was such a shockingly large amount, at the time, it was an IBJ cover story.
Wonderful