Property Lines - Scott Olson

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Real Estate & Retail

Westfield's booming growth

October 25, 2007

WestfieldThe 19-square-mile, 24,000-population town of Westfield could balloon to 56 square miles and 110,000 people in the next several years. More than 11,000 new homes are in the works. And the residential rush has caught the attention of commercial developers, who are planning one of the most ambitious concentrations of mega-projects in central Indiana. Projects include: A 430,000-square-foot lifestyle mall dubbed Lantern Commons on 60 acres northeast of U.S. 31 and 161st Street (shown here); 1.7 million square feet of retail, restaurant, office and entertainment attractions called Eagletown north of State Road 32 and east of Eagletown Road; and a $300 million mixed-use development called Aurora covering 315 acres south of State Road 38 and east of U.S. 31. For more, check out the full story from this week's Commercial Real Estate Focus section.
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