Indiana University Health has broken ground on a new location at McCord Square in McCordsville, an outpatient physician office development that will offer primary care, OB/GYN and cardiovascular services.
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Announced this week, NineStar Connect plans to develop a new building at McCord Square, marking the second project formally announced in the 48-acre Town Center development. Anchored by McCord Square Apartments, additional projects are in the works for the new downtown district.
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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.
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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.
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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.
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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.
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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.
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Crew Carwash is coming to Founders Square in Speedway, Indiana. The new location will be a state-of-the-art $6 million facility that features several high tech amenities that will provide customers with a robust car cleaning experience. Learn more about the newest addition to the Founders Square development.
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The Town of Speedway and Rebar Development announced today plans to build a new ALDI at the Founders Square development located near I-465 and Crawfordsville Road in Speedway. ALDI joins previously announced Hampton Inn and Crew Car Wash at the new gateway development.
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SPEEDWAY - Officials in Speedway have announced plans for a major mixed-use project that will serve as a gateway to the town. Founders Square would be a 25-acre development featuring a new hotel and conference center, retailers and restaurants.
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Town of Speedway officials, together with project partners Rebar Development and Hageman Group, announced tenants for the new Founders Square development, including plans for a hotel with a 9,000 square foot conference center. The Town shared the news at the annual State of the Town address on Tuesday, Feb. 4. Founders Square is a 25-acre master development project located off I-465 at the northwest corner of Crawfordsville Road and High School Road.
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