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Circle City Industrial Complex

Categories Commercial - Restaurant Commercial - Retail Mixed Use

Address

1125 East Brookside Avenue
Indianapolis, IN 46202

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Details

About 40,000 square feet would be devoted for the restaurant and retail space, and 30,000 square feet for an incubator to foster small manufacturing. The remaining 50,000 square feet would be demolished to make way for a parking lot and an access drive to link Brookside and Massachusetts avenues. A spur from the nearby Monon Trail and Indianapolis Cultural Trail could run through the building and connect to the planned Pogue s Run trail along Brookside Avenue to Brookside Park. Jones declined to divulge how much he is paying for the building. But he said he s seeking a $1.5 million Community Development Block Grant from the city of Indianapolis to stabilize the building, demolish part of it and to create parking. The grant will be used to leverage about $3.5 million in private funding to redevelop the property, Jones said.

Development StatusCompleted
Project TypeRenovation
Development TypeMixed Use
Public Dollars$ 1.5M
Total Square Feet45,000
Nearby Art & Culture & Entertainment
Nearby Businesses & Needs
Nearby Education
Nearby Parking