REDEVELOPMENT PROJECT BRINGS $18 MILLION INVESTMENT TO SOUTHPORT

The City of Southport and project partners marked a monumental day for the City with the groundbreaking of a new apartment community. A catalyst for further economic development, The Jacob will bring increased population density to Southport, adding vibrancy and a high-quality housing on a key redevelopment parcel in downtown. The project is an $18 million investment to the community.

Read More
Inside Indiana Business: Ground broken on $50 million McCordsville district

Indiana Secretary of Commerce Brad Chambers joined officials from the town of McCordsville and Fishers-based Rebar Development to break ground on the first phase of the $50 million McCord Square Downtown District. The first phase features the construction of a 205-unit apartment complex that will also include commercial and retail space. “This groundbreaking is the next big step in creating a new identity for McCordsville,” said McCordsville Town Council Vice President Larry Longman.

In an interview with Inside INdiana Business, Longman said the district is a long time in the making.

Read More
McCord Square Downtown District Breaks Ground in McCordsville

Indiana Secretary of Commerce Brad Chambers and Town of McCordsville Officials joined Rebar Development and project partners to break ground on the first phase of McCord Square, a $50 million town center district. Anchoring the development, McCord Square Apartments is the first project to begin construction.

Read More
Exciting Updates Coming From 1300 Block

In May 2021, Rebar Development and the Town of Speedway broke ground on 1300 Block in the heart of Main Street in Speedway, Indiana. The $6.5 million investment is a mixed-use development that offers the first home ownership opportunity on Main Street—bringing penthouse condos and condos and apartments on the second floor.

Read More
Guest User
IBJ: McCordsville to kickstart town center project with $40 million first phase

The creation of a downtown McCordsville could start with a pair of buildings featuring hundreds of apartments and neighborhood and several thousand square feet of retail, restaurant and office space. Rebar’s McCord Square Apartments will include two 111,000-square-foot mixed-use buildings standing four stories tall, with a total of 206 one- and two-bedroom apartments and 6,000 square feet of commercial space.

Read More
$40 Million Master Development Coming to McCordsville Town Center

Located on the southeast corner of Broadway Avenue (S.R. 67) and Mt. Comfort Road, the development, called McCord Square, is a partnership between the Town of McCordsville, Rebar Development, and Pride Investment Partners. McCord Square accomplishes many goals set forth in the Town Center Development plan, including the creation of a defined, vibrant downtown district with a unique identity. McCord Square will diversify the tax base and is expected to add $50 million in assessed value by 2025.

Read More
Penthouse Condos and Mixed-Use Community Breaks Ground in Speedway

Before the drivers start their engines this weekend, project partners and Speedway Town Officials started the excavator—officially breaking ground on 1300 Block on Main Street. The new development brings modern condos, apartments, retail and restaurant space, as well as a public plaza to the heart of Main Street Speedway between 13th and 14th streets. Also announced today, Le Peep is coming to Speedway and plans to open a restaurant on the first floor

Read More
The Oliver Breaks Ground in Yorktown

Construction is officially underway on The Oliver in downtown Yorktown. Town officials, Rebar Development, and project partners broke ground on the $6 million mixed-use project adjacent to the new Civic Green late Friday afternoon (5/14/21). An important part of the Town of Yorktown’s Downtown Redevelopment Plan, The Oliver brings housing as well as retail, office, and restaurant space to the area.

Read More
Senior Housing Development Coming to Founders Square in Speedway

Another project is coming to the popular Founders Square development in Speedway near I-465 and Crawfordsville Road. Project partners and Town officials announced a new senior housing facility planned to be completed in the fall of 2022. Awarded tax credits through the Low-Income Housing Tax Credit program, the development will bring high-quality, affordable housing to adults 55 and over.

Read More